Download PDF version

Wells, Somerset

2011 Annual Business Confidence Report

Headlines

  • November 2011 saw a new record in company registrations in Wells when compared to any previous November.

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Annual Data (2011)

    A total of 116 companies were formed in Wells in 2011. This total is 27.5% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearWellsUK
    2011116452,870
    201091400,358
    2009107362,675
    200897349,203
    2007111457,649
    Record Year2003 (117)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 56 companies were formed in Wells. This figure is 19.1% higher than last year, which compares well to the UK wide figure of 14.0%.

    The highest total for a second half year in Wells occurred in 2002 when a total of 65 were formed.

    Half Year (Jul-Dec)WellsUK
    201156224,135
    201047196,609
    % change19.1%14.0%
    Record Year2002 (65)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 34 companies were registered in Wells during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 21.4% versus the same period last year (Q4 2010). This figure compares equally to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)WellsUK
    201134109,623
    20102895,117
    % change21.4%15.3%
    Record Year 2002 (41) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    November 2011 saw a new record in company registrations in Wells when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201113156
    New companies in 20101387
    % change0.0%87.5%-14.3%
    Record Year2002 (18)2011 (15)2003 (16)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 62 companies were dissolved in Wells in 2011. This total is 28.7% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.

    YearWellsUK
    201162314,523
    201087342,232
    2009113533,773
    200867237,901
    200752220,295
    Record Year2009 (113)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 28 companies were dissolved in Wells. This figure is 46.2% lower than last year, which compares well to the UK wide change of -7.5%.

    The highest total for a second half year in Wells occurred in 2010 when a total of 52 were closed.

    Half Year (Jul-Dec)WellsUK
    201128152,213
    201052164,601
    % change-46.2%-7.5%
    Record Year2010 (52)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 12 companies were dissolved in Wells during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 42.9% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)WellsUK
    20111279,983
    20102176,896
    % change-42.9%4.0%
    Record Year 2010 (21) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011345
    Closed companies in 2010795
    % change-57.1%-55.6%0%
    Record Year2006 (7)2010 (9)2007 (8)

Net Company Growth

  1. Annual Data (2011)

    A total of 54 companies were added to the company register for Wells in 2011. This number represents growth of 59.3% in the total number of active companies, which compares favourably to the UK figure of 34.6%.

    This number is 50 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Wells company register grew by 79 companies.

    YearWellsUK
    201154138,347
    2010458,126
    2009-6-171,098
    200830111,302
    200759237,354
    Record Year2003 (79)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Wells increased by 28 companies.

    Half Year (Jul-Dec)WellsUK
    20112871,922
    2010-532,008
    Record Year2002 (43)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Wells during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 22 companies.

    fourth quarter (Oct 2011 - Dec 2011)WellsUK
    20112229,640
    2010718,221
    Record Year 2002 (31) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201110111
    Net growth in 20106-12
    Record Year2002 (14)2002 (12)2003 (11)

UK Company Share

  1. Annual Data (2011)

    In 2011 Wells formed 0.0% of all UK companies. This is no change on 2010 when Wells was responsible for 0.0% of all UK companies.

    YearWells
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960)1991 (0.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Wells formed 0.0% of all UK companies. This is the same as the 2010 figure of 0.0%.

    Half Year (Jul-Dec)Wells
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960) 1979 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    In the fourth quarter of 2011, Wells formed 0.0% of all UK companies.

    fourth quarter (Oct 2011 - Dec 2011)Wells
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960) 1975 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.0%0.0%0.0%
    UK formation share in 20100.0%0.0%0.0%
    % change-13.0%59.7%-24.0%
    Record Year1963 (0.1%)1980 (0.2%)1975 (0.2%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 47.2.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 48.5.

    The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 47.9.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    The record year for female directors in Wells was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Wells in 2011 was 34.4%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Wells was 1860 when 42.9% of all directors were female.

    33.9% of all director appointments in Wells in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Wells was in 1977 when 31.1% of all directors were female.

    37.9% of all director appointments in Wells in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2010-Dec 2011)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    CONSULTING2.03%CONSULTING5.07%
    J1.22%MANAGEMENT4.74%
    TECHNOLOGY1.22%CONSULTANCY3.26%
    ENGINEERING1.22%PROPERTY2.37%
    EVENTS1.22%TRADING2.07%
    MARKETING1.22%DESIGN1.92%
    BATH0.81%ASSOCIATES1.86%
    BLUE0.81%ENGINEERING1.78%
    SCHOOL0.81%BUSINESS1.78%
    PRODUCTIONS0.81%CONSULTANTS1.76%
    ALBINO0.81%CONSTRUCTION1.73%
    SWIFT0.81%MEDIA1.71%
    TRAINING0.81%LONDON1.63%
    SALES0.81%J1.51%
    GREEN0.81%INVESTMENTS1.48%
    WELLS0.81%GLOBAL1.46%
    WILLOW0.81%IT1.41%
    BUBBLE0.81%CARE1.39%
    SUNTEC0.81%PROPERTIES1.29%
    WHITE0.81%ELECTRICAL1.29%
    CIRCUS0.81%M1.27%
    ASHTON0.41%BUILDING1.26%
    QUANTOCK0.41%ENERGY1.25%
    (NEW0.41%S1.20%
    HAW)0.41%ENTERPRISES1.20%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied31205,525
    82990 - Other business support service activities not elsewhere classified1432,483
    7487 - Other business activities1157,052
    70229 - Management consultancy activities other than financial management1017,765
    74909 - Other professional, scientific and technical activities not elsewhere classified98,671
    62020 - Information technology consultancy activities712,072
    9999 - Dormant Company720,199
    99999 - Dormant Company621,846
    7414 - Business & management consultancy513,034
    7222 - Other software consultancy and supply47,398
    4521 - General construction & civil engineering35,558
    56210 - Event catering activities3829
    47910 - Retail sale via mail order houses or via Internet32,740
    41201 - Construction of commercial buildings31,500
    69201 - Accounting and auditing activities23,633
    69102 - Solicitors21,183
    58190 - Other publishing activities2996
    70100 - Activities of head offices22,662
    62012 - Business and domestic software development23,714
    41100 - Development of building projects24,331

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07831167 ENGINEERING TECHNOLOGY SOLUTIONS LIMITED 01 Nov 2011
    07832708 NJR WILLOW LTD 02 Nov 2011
    07832994 PR WILLOW LTD 02 Nov 2011
    07839539 PORTWAY MARKETING AND EVENTS LIMITED 08 Nov 2011
    07841330 ANDREW DUMBRECK MEDIA LIMITED 09 Nov 2011
    07841835 WELLS BED SHOP LIMITED 10 Nov 2011
    07843077 GRAPEVINE MAGAZINES LTD 10 Nov 2011
    07844374 SHOW PROJECTS LIMITED 11 Nov 2011
    07844392 GALAXY CIRCUS LIMITED 11 Nov 2011
    07851401 MILL STREET OFFICES LTD 17 Nov 2011
    07852499 S.W.I.M.SUPPORT LTD 18 Nov 2011
    07858299 ALBINO BUILDERS LIMITED 23 Nov 2011
    07858387 3 SOLUTIONS (2011) LIMITED 23 Nov 2011
    07858585 KINCARE HOUSING ASSOCIATES LTD 23 Nov 2011
    07863039 GRAHAM MERRETT LIMITED 28 Nov 2011

reports

Select a report from the list below: