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
New Company Registrations
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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.
Year Wells UK 2013 156 529,363 2012 144 491,893 2011 116 452,870 2010 91 400,358 2009 107 362,675 Record Year 2013 (156) 2013 (529,363) New Companies by Year
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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) Wells UK 2013 82 259,931 2012 76 238,743 % change 7.9% 8.9% Record Year 2013 (82) 2013 (259,931) New Companies by Half Year
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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) Wells UK 2013 37 127,247 2012 36 119,875 % change 2.8% 6.1% Record Year 2013 (37) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 20 13 4 New companies in 2012 21 10 5 % change -4.8% 30.0% -20.0% Record Year 2012 (21) 2002 (15) 2003 (16)
Closed Companies (dissolved)
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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.
Year Wells UK 2013 78 332,213 2012 64 293,729 2011 62 314,524 2010 87 342,233 2009 113 533,789 Record Year 2009 (113) 2009 (533,789) Dissolved Companies by Year
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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) Wells UK 2013 35 177,021 2012 29 145,935 % change 20.7% 21.3% Record Year 2010 (52) 2009 (244,544) Dissolved Companies by Half Year
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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) Wells UK 2013 18 90,851 2012 11 70,027 % change 63.6% 29.7% Record Year 2010 (21) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 7 4 7 Closed companies in 2012 4 3 4 % change 75.0% 33.3% 75% Record Year 2006 (7) 2010 (9) 2007 (8)
Net Company Growth
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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.
Year Wells UK 2013 78 197,150 2012 80 198,164 2011 54 138,346 2010 4 58,125 2009 -6 -171,114 Record Year 2012 (80) 2007 (237,353) Net Growth by Year
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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) Wells UK 2013 47 82,910 2012 47 92,808 Record Year 2012 (47) 2003 (117,772) Net Growth by Half Year
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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) Wells UK 2013 19 36,396 2012 25 49,848 Record Year 2012 (25) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 13 9 -3 Net growth in 2012 17 7 1 Record Year 2012 (17) 2002 (12) 2003 (11)
UK Company Share
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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.
Year Wells 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% Record Year (since 1960) 1991 (0.0%) Company Share by Year
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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 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% Record Year (since 1960) 1991 (0.0%) Company Share by Half Year
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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 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% Record Year (since 1960) 1962 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.0% 0.0% 0.0% UK formation share in 2012 0.0% 0.0% 0.0% % change -11.4% 28.0% -27.0% Record Year 2002 (0.1%) 2002 (0.1%) 1962 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage WELLS 1.79% CONSULTING 5.22% J 1.19% MANAGEMENT 4.72% CONSULTING 1.19% CONSULTANCY 3.45% MENDIP 0.90% PROPERTY 2.59% CONSULTANCY 0.90% TRADING 2.08% PROPERTY 0.90% ENGINEERING 1.87% TRAINING 0.90% LONDON 1.86% BUILDING 0.60% DESIGN 1.76% (SOMERSET) 0.60% CONSTRUCTION 1.73% T 0.60% CARE 1.73% N 0.60% BUSINESS 1.71% IT 0.60% CONSULTANTS 1.68% E 0.60% GLOBAL 1.58% WINES 0.60% INVESTMENTS 1.56% SOMERSET 0.60% PROPERTIES 1.54% NURSERIES 0.60% ASSOCIATES 1.53% VIEW 0.60% J 1.51% SCHOOL 0.60% MEDIA 1.50% CENTRE 0.60% IT 1.35% KEWARD 0.60% DEVELOPMENTS 1.23% ENGINEERING 0.60% M 1.23% BATH 0.60% BUILDING 1.21% HORN 0.60% ELECTRICAL 1.20% JOINERY 0.60% CAPITAL 1.19% BUSINESS 0.60% ENERGY 1.14%
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 42 266,814 99999 - Dormant Company 32 46,762 82990 - Other business support service activities not elsewhere classified 19 55,342 70229 - Management consultancy activities other than financial management 19 36,164 62020 - Information technology consultancy activities 8 27,183 74909 - Other professional, scientific and technical activities not elsewhere classified 7 18,034 96090 - Other service activities not elsewhere classified 5 26,001 74990 - Non-trading company 4 14,223 41202 - Construction of domestic buildings 3 6,191 96020 - Hairdressing and other beauty treatment 3 6,000 85590 - Other education not elsewhere classified 3 5,698 62012 - Business and domestic software development 3 9,360 90020 - Support activities to performing arts 3 2,047 43390 - Other building completion and finishing 3 5,405 90030 - Artistic creation 3 4,138 62090 - Other information technology service activities 3 12,511 58190 - Other publishing activities 3 2,517 47910 - Retail sale via mail order houses or via Internet 2 8,879 47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store 2 1,360 68209 - Other letting and operating of own or leased real estate 2 8,733
Recent Companies
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Randomly selected companies from this quarter