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Wells, Somerset

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • 2013 was a record year for company registrations in Wells when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Wells when compared to any previous second half year.
  • The second half of 2013 was a record second half year for company registrations in Wells when compared to any half year 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 (2013)

    2013 was a record year for company registrations in Wells when compared to any year in history.

    A total of 156 companies were formed in Wells in 2013. This total is 8.3% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearWellsUK
    2013156529,363
    2012144491,893
    2011116452,870
    201091400,358
    2009107362,675
    Record Year2013 (156)2013 (529,363)
    New Companies by Year

  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Wells when compared to any previous second half year.

    The second half of 2013 was a record second half year for company registrations in Wells when compared to any half year in history.

    In the second half of 2013 a total of 82 companies were formed in Wells. This figure is 7.9% higher than last year, which compares badly to the UK wide figure of 8.9%.

    The highest total for a second half year in Wells occurred in 2013 when a total of 82 were formed.

    Half Year (Jul-Dec)WellsUK
    201382259,931
    201276238,743
    % change7.9%8.9%
    Record Year2013 (82)2013 (259,931)
    New Companies by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 37 companies were registered in Wells during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 2.8% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)WellsUK
    201337127,247
    201236119,875
    % change2.8%6.1%
    Record Year 2013 (37) 2013 (127,247)
    New Companies by Quarter

  4. Monthly Data (Oct, Nov & Dec 2013)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201320134
    New companies in 201221105
    % change-4.8%30.0%-20.0%
    Record Year2012 (21)2002 (15)2003 (16)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 78 companies were dissolved in Wells in 2013. This total is 21.9% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.

    YearWellsUK
    201378332,213
    201264293,729
    201162314,524
    201087342,233
    2009113533,789
    Record Year2009 (113)2009 (533,789)
    Dissolved Companies by Year

  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 35 companies were dissolved in Wells. This figure is 20.7% higher than last year, which compares well to the UK wide change of 21.3%.

    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
    201335177,021
    201229145,935
    % change20.7%21.3%
    Record Year2010 (52)2009 (244,544)
    Dissolved Companies by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 18 companies were dissolved in Wells during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 63.6% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)WellsUK
    20131890,851
    20121170,027
    % change63.6%29.7%
    Record Year 2010 (21) 2013 (90,851)
    Dissolved Companies by Quarter

  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013747
    Closed companies in 2012434
    % change75.0%33.3%75%
    Record Year2006 (7)2010 (9)2007 (8)

Net Company Growth

  1. Annual Data (2013)

    A total of 78 companies were added to the company register for Wells in 2013. This number represents growth of 50.0% in the total number of active companies, which compares favourably to the UK figure of 37.2%.

    This number is 2 companies lower 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
    201378197,150
    201280198,164
    201154138,346
    2010458,125
    2009-6-171,114
    Record Year2012 (80)2007 (237,353)
    Net Growth by Year

  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Wells increased by 47 companies.

    Half Year (Jul-Dec)WellsUK
    20134782,910
    20124792,808
    Record Year2012 (47)2003 (117,772)
    Net Growth by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Wells during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 19 companies.

    fourth quarter (Oct 2013 - Dec 2013)WellsUK
    20131936,396
    20122549,848
    Record Year 2012 (25) 2012 (49,848)
    Net Growth by Quarter

  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013139-3
    Net growth in 20121771
    Record Year2012 (17)2002 (12)2003 (11)

UK Company Share

  1. Annual Data (2013)

    In 2013 Wells formed 0.0% of all UK companies. This is no change on 2012 when Wells was responsible for 0.0% of all UK companies.

    YearWells
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960)1991 (0.0%)
    Company Share by Year

  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Wells formed 0.0% of all UK companies. This is the same as the 2012 figure of 0.0%.

    Half Year (Jul-Dec)Wells
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960) 1991 (0.0%)
    Company Share by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Wells formed 0.0% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Wells
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960) 1962 (0.1%)
    Company Share by Quarter

  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.0%0.0%0.0%
    UK formation share in 20120.0%0.0%0.0%
    % change-11.4%28.0%-27.0%
    Record Year2002 (0.1%)2002 (0.1%)1962 (0.2%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 46.4.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.2%.

    Director Age by Year

  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 45.7.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.8%.

    Director Age by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 44.9.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Wells was 2007 when 40.3% of all directors were female.

    The percentage of female directors in Wells in 2013 was 27.6%. The average for the UK during this time was 26.0%

    Director Gender by Year

  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Wells was 2007 when 41.6% of all directors were female.

    26.4% of all director appointments in Wells in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Wells was in 2011 when 38.8% of all directors were female.

    28.0% of all director appointments in Wells in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    WELLS1.79%CONSULTING5.22%
    J1.19%MANAGEMENT4.72%
    CONSULTING1.19%CONSULTANCY3.45%
    MENDIP0.90%PROPERTY2.59%
    CONSULTANCY0.90%TRADING2.08%
    PROPERTY0.90%ENGINEERING1.87%
    TRAINING0.90%LONDON1.86%
    BUILDING0.60%DESIGN1.76%
    (SOMERSET)0.60%CONSTRUCTION1.73%
    T0.60%CARE1.73%
    N0.60%BUSINESS1.71%
    IT0.60%CONSULTANTS1.68%
    E0.60%GLOBAL1.58%
    WINES0.60%INVESTMENTS1.56%
    SOMERSET0.60%PROPERTIES1.54%
    NURSERIES0.60%ASSOCIATES1.53%
    VIEW0.60%J1.51%
    SCHOOL0.60%MEDIA1.50%
    CENTRE0.60%IT1.35%
    KEWARD0.60%DEVELOPMENTS1.23%
    ENGINEERING0.60%M1.23%
    BATH0.60%BUILDING1.21%
    HORN0.60%ELECTRICAL1.20%
    JOINERY0.60%CAPITAL1.19%
    BUSINESS0.60%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied42266,814
    99999 - Dormant Company3246,762
    82990 - Other business support service activities not elsewhere classified1955,342
    70229 - Management consultancy activities other than financial management1936,164
    62020 - Information technology consultancy activities827,183
    74909 - Other professional, scientific and technical activities not elsewhere classified718,034
    96090 - Other service activities not elsewhere classified526,001
    74990 - Non-trading company414,223
    41202 - Construction of domestic buildings36,191
    96020 - Hairdressing and other beauty treatment36,000
    85590 - Other education not elsewhere classified35,698
    62012 - Business and domestic software development39,360
    90020 - Support activities to performing arts32,047
    43390 - Other building completion and finishing35,405
    90030 - Artistic creation34,138
    62090 - Other information technology service activities312,511
    58190 - Other publishing activities32,517
    47910 - Retail sale via mail order houses or via Internet28,879
    47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store21,360
    68209 - Other letting and operating of own or leased real estate28,733

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08757594 CREIGHTON ASSOCIATES (LONDON) LIMITED 01 Nov 2013
    08761705 DUCK & BULL LTD 05 Nov 2013
    08763906 COMMUNITY RESILIENCE AND EMERGENCY WELFARE CIC 06 Nov 2013
    08765271 WELLS BUILDING & RESTORATION LTD 07 Nov 2013
    08772771 ZAROCO INVESTMENTS LTD 13 Nov 2013
    08774531 KEWARD (MANAGEMENT) LIMITED 14 Nov 2013
    08778773 WIZARD MEDIA LIMITED 18 Nov 2013
    08780298 KIRKBRIDE LIMITED 18 Nov 2013
    08785204 BRITTENS MUSIC MAKERS LIMITED 21 Nov 2013
    08787746 PHILIP WELCH PR LIMITED 22 Nov 2013
    08790079 FUTURES INNOVATIONS LTD 26 Nov 2013
    08790116 WELLS KEBAB LTD 26 Nov 2013
    08792970 HOME STRAIGHT DIY SERVICES LTD 27 Nov 2013

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