Wells, Somerset

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Wells when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in Wells when compared to any previous second half year.
  • The second half of 2012 was a record second half year for company registrations in Wells when compared to any half year in history.
  • October 2012 saw a new record in company registrations in Wells when compared to any previous October.
  • October 2012 was a record month for company registrations in Wells when compared to any month in history.
  • 2012 was a record year for net growth in Wells when compared to any year in history.
  • The second half of 2012 saw a new record in net growth in Wells when compared to any previous second half year.
  • October 2012 saw a new record in net growth in Wells when compared to any previous October.
  • October 2012 was a record month for net growth in Wells when compared to any month in history.

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 (2012)

    2012 was a record year for company registrations in Wells when compared to any year in history.

    A total of 144 companies were formed in Wells in 2012. This total is 24.1% higher than in 2011 and compares favourably to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearWellsUK
    2012144491,893
    2011116452,870
    201091400,358
    2009107362,675
    200897349,203
    Record Year2012 (144)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in company registrations in Wells when compared to any previous second half year.

    The second half of 2012 was a record second half year for company registrations in Wells when compared to any half year in history.

    In the second half of 2012 a total of 76 companies were formed in Wells. This figure is 35.7% higher than last year, which compares well to the UK wide figure of 6.5%.

    The highest total for a second half year in Wells occurred in 2012 when a total of 76 were formed.

    Half Year (Jul-Dec)WellsUK
    201276238,743
    201156224,135
    % change35.7%6.5%
    Record Year2012 (76)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 36 companies were registered in Wells during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 5.9% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)WellsUK
    201236119,875
    201134109,623
    % change5.9%9.4%
    Record Year 2002 (41) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company registrations in Wells when compared to any previous October.

    October 2012 was a record month for company registrations in Wells when compared to any month in history.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201221105
    New companies in 201113156
    % change61.5%-33.3%-16.7%
    Record Year2012 (21)2002 (15)2003 (16)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 64 companies were dissolved in Wells in 2012. This total is 3.2% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearWellsUK
    201264293,728
    201162314,524
    201087342,233
    2009113533,787
    200867237,873
    Record Year2009 (113)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 29 companies were dissolved in Wells. This figure is 3.6% higher than last year, which compares badly to the UK wide change of -4.1%.

    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
    201229145,934
    201128152,213
    % change3.6%-4.1%
    Record Year2010 (52)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 11 companies were dissolved in Wells during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 8.3% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)WellsUK
    20121170,026
    20111279,983
    % change-8.3%-12.4%
    Record Year 2010 (21) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012434
    Closed companies in 2011345
    % change33.3%-25.0%-20%
    Record Year2006 (7)2010 (9)2007 (8)

Net Company Growth

  1. Annual Data (2012)

    2012 was a record year for net growth in Wells when compared to any year in history.

    A total of 80 companies were added to the company register for Wells in 2012. This number represents growth of 69.0% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 26 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Wells company register grew by 80 companies.

    YearWellsUK
    201280198,165
    201154138,346
    2010458,125
    2009-6-171,112
    200830111,330
    Record Year2012 (80)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in net growth in Wells when compared to any previous second half year.

    In the second half of 2012 the company register for Wells increased by 47 companies.

    Half Year (Jul-Dec)WellsUK
    20124792,809
    20112871,922
    Record Year2012 (47)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Wells during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 25 companies.

    fourth quarter (Oct 2012 - Dec 2012)WellsUK
    20122549,849
    20112229,640
    Record Year 2002 (31) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in net growth in Wells when compared to any previous October.

    October 2012 was a record month for net growth in Wells when compared to any month in history.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20121771
    Net growth in 201110111
    Record Year2012 (17)2002 (12)2003 (11)

UK Company Share

  1. Annual Data (2012)

    In 2012 Wells formed 0.0% of all UK companies. This is no change on 2011 when Wells was responsible for 0.0% of all UK companies.

    YearWells
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960)1991 (0.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Wells formed 0.0% of all UK companies. This is the same as the 2011 figure of 0.0%.

    Half Year (Jul-Dec)Wells
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960) 1979 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Wells formed 0.0% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Wells
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960) 1975 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.0%0.0%0.0%
    UK formation share in 20110.0%0.0%0.0%
    % change35.7%-36.6%-18.9%
    Record Year1963 (0.1%)1980 (0.2%)1975 (0.2%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 49.7.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 7.8% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 49.0.

    The percentage of directors under the age of 25 was 0.9% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 7.8% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 49.1.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 9.8% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Wells was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Wells in 2012 was 33.8%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

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

    24.6% of all director appointments in Wells in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Wells was in 1977 when 31.2% of all directors were female.

    28.3% of all director appointments in Wells in the fourth quarter of 2012 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 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    BRILLIANT3.51%CONSULTING5.15%
    HARVEST3.51%MANAGEMENT4.78%
    WELLS2.46%CONSULTANCY3.31%
    CONSULTING1.40%PROPERTY2.40%
    TIGER1.40%TRADING2.03%
    DEVELOPMENTS1.40%DESIGN1.86%
    WEST1.40%ASSOCIATES1.82%
    SOUTH1.40%ENGINEERING1.79%
    MANAGEMENT1.40%BUSINESS1.76%
    MOTH1.05%CONSULTANTS1.75%
    CONSULTANCY1.05%CONSTRUCTION1.69%
    MENDIP1.05%LONDON1.69%
    MEDIA1.05%MEDIA1.69%
    GLOBAL0.70%GLOBAL1.59%
    CONSTRUCTION0.70%J1.57%
    HOMES0.70%INVESTMENTS1.46%
    EDUCATION0.70%IT1.43%
    TRAINING0.70%CARE1.39%
    GREEN0.70%PROPERTIES1.34%
    SOUND0.70%M1.26%
    ASSOCIATES0.70%BUILDING1.23%
    MARKET0.70%ENTERPRISES1.21%
    RED0.70%TRAINING1.18%
    EVENTS0.70%ELECTRICAL1.17%
    DIGITAL0.70%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied26236,139
    82990 - Other business support service activities not elsewhere classified2252,427
    99999 - Dormant Company1640,648
    70229 - Management consultancy activities other than financial management1430,396
    74909 - Other professional, scientific and technical activities not elsewhere classified1115,572
    62020 - Information technology consultancy activities1023,256
    47910 - Retail sale via mail order houses or via Internet56,307
    56210 - Event catering activities41,646
    43390 - Other building completion and finishing44,882
    41100 - Development of building projects47,980
    43999 - Other specialised construction activities not elsewhere classified36,419
    47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store31,228
    43210 - Electrical installation35,304
    41202 - Construction of domestic buildings24,882
    96020 - Hairdressing and other beauty treatment24,759
    62012 - Business and domestic software development27,446
    90030 - Artistic creation23,420
    9999 - Dormant Company24,599
    7487 - Other business activities210,703
    62090 - Other information technology service activities212,291

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC380801 ANDY AND IULIA K-K LLP 06 Dec 2012
    08323346 PRIDDY ENTERPRISES LIMITED 07 Dec 2012
    08335034 WILD GINGER EVENTS LTD 18 Dec 2012
    08343052 MENDIP ELECTRICAL SERVICES LIMITED 31 Dec 2012
    08343311 TIGER MOTH TRAINING LIMITED 31 Dec 2012

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