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
New Company Registrations
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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.
Year Wells UK 2012 144 491,893 2011 116 452,870 2010 91 400,358 2009 107 362,675 2008 97 349,203 Record Year 2012 (144) 2012 (491,893) New Companies by Year
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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) Wells UK 2012 76 238,743 2011 56 224,135 % change 35.7% 6.5% Record Year 2012 (76) 2012 (238,743) New Companies by Half Year
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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) Wells UK 2012 36 119,875 2011 34 109,623 % change 5.9% 9.4% Record Year 2002 (41) 2012 (119,875) New Companies by Quarter
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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
October November December New companies in 2012 21 10 5 New companies in 2011 13 15 6 % change 61.5% -33.3% -16.7% Record Year 2012 (21) 2002 (15) 2003 (16)
Closed Companies (dissolved)
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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.
Year Wells UK 2012 64 293,728 2011 62 314,524 2010 87 342,233 2009 113 533,787 2008 67 237,873 Record Year 2009 (113) 2009 (533,787) Dissolved Companies by Year
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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) Wells UK 2012 29 145,934 2011 28 152,213 % change 3.6% -4.1% Record Year 2010 (52) 2009 (244,543) Dissolved Companies by Half Year
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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) Wells UK 2012 11 70,026 2011 12 79,983 % change -8.3% -12.4% Record Year 2010 (21) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Dissolved Companies by Month
October November December Closed companies in 2012 4 3 4 Closed companies in 2011 3 4 5 % change 33.3% -25.0% -20% Record Year 2006 (7) 2010 (9) 2007 (8)
Net Company Growth
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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.
Year Wells UK 2012 80 198,165 2011 54 138,346 2010 4 58,125 2009 -6 -171,112 2008 30 111,330 Record Year 2012 (80) 2003 (242,541) Net Growth by Year
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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) Wells UK 2012 47 92,809 2011 28 71,922 Record Year 2012 (47) 2003 (117,772) Net Growth by Half Year
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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) Wells UK 2012 25 49,849 2011 22 29,640 Record Year 2002 (31) 2003 (57,175) Net Growth by Quarter
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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
October November December Net growth in 2012 17 7 1 Net growth in 2011 10 11 1 Record Year 2012 (17) 2002 (12) 2003 (11)
UK Company Share
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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.
Year Wells 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% Record Year (since 1960) 1991 (0.0%) Company Share by Year
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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 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% Record Year (since 1960) 1979 (0.1%) Company Share by Half Year
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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 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% Record Year (since 1960) 1975 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.0% 0.0% 0.0% UK formation share in 2011 0.0% 0.0% 0.0% % change 35.7% -36.6% -18.9% Record Year 1963 (0.1%) 1980 (0.2%) 1975 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BRILLIANT 3.51% CONSULTING 5.15% HARVEST 3.51% MANAGEMENT 4.78% WELLS 2.46% CONSULTANCY 3.31% CONSULTING 1.40% PROPERTY 2.40% TIGER 1.40% TRADING 2.03% DEVELOPMENTS 1.40% DESIGN 1.86% WEST 1.40% ASSOCIATES 1.82% SOUTH 1.40% ENGINEERING 1.79% MANAGEMENT 1.40% BUSINESS 1.76% MOTH 1.05% CONSULTANTS 1.75% CONSULTANCY 1.05% CONSTRUCTION 1.69% MENDIP 1.05% LONDON 1.69% MEDIA 1.05% MEDIA 1.69% GLOBAL 0.70% GLOBAL 1.59% CONSTRUCTION 0.70% J 1.57% HOMES 0.70% INVESTMENTS 1.46% EDUCATION 0.70% IT 1.43% TRAINING 0.70% CARE 1.39% GREEN 0.70% PROPERTIES 1.34% SOUND 0.70% M 1.26% ASSOCIATES 0.70% BUILDING 1.23% MARKET 0.70% ENTERPRISES 1.21% RED 0.70% TRAINING 1.18% EVENTS 0.70% ELECTRICAL 1.17% DIGITAL 0.70% SECURITY 1.17%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 26 236,139 82990 - Other business support service activities not elsewhere classified 22 52,427 99999 - Dormant Company 16 40,648 70229 - Management consultancy activities other than financial management 14 30,396 74909 - Other professional, scientific and technical activities not elsewhere classified 11 15,572 62020 - Information technology consultancy activities 10 23,256 47910 - Retail sale via mail order houses or via Internet 5 6,307 56210 - Event catering activities 4 1,646 43390 - Other building completion and finishing 4 4,882 41100 - Development of building projects 4 7,980 43999 - Other specialised construction activities not elsewhere classified 3 6,419 47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store 3 1,228 43210 - Electrical installation 3 5,304 41202 - Construction of domestic buildings 2 4,882 96020 - Hairdressing and other beauty treatment 2 4,759 62012 - Business and domestic software development 2 7,446 90030 - Artistic creation 2 3,420 9999 - Dormant Company 2 4,599 7487 - Other business activities 2 10,703 62090 - Other information technology service activities 2 12,291
Recent Companies
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Randomly selected companies from this quarter