Weymouth, Dorset

2010 Half Year Business Confidence Report

Headlines

  • The first half of 2010 saw a new record in company closures in Weymouth when compared to any previous first half year.
  • The first half of 2010 was a record first half year for company closures in Weymouth when compared to any half year in history.
  • Q2 2010 saw a new record in company closures in Weymouth when compared to any previous Q2.
  • Q2 2010 was a record quarter for company closures in Weymouth when compared to any quarter in history.
  • June 2010 saw a new record in company closures in Weymouth when compared to any previous June.
  • June 2010 was a record month for company closures in Weymouth when compared to any month in history.
  • May 2010 saw a new record in company closures in Weymouth when compared to any previous May.
  • May 2010 was a record month for company closures in Weymouth 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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 137 companies were formed in Weymouth. This figure is 6.2% higher than last year, which compares badly to the UK wide figure of 11.9%.

    The highest total for a first half year in Weymouth occurred in 2003 when a total of 162 were formed.

    Half Year (Jan-Jun)WeymouthUK
    2010137203,749
    2009129182,021
    % change6.2%11.9%
    Record Year2003 (162)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 62 companies were registered in Weymouth during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 3.3% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)WeymouthUK
    20106298,612
    20096090,987
    % change3.3%8.4%
    Record Year 2002 (101) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010201923
    New companies in 2009201525
    % change0.0%26.7%-8.0%
    Record Year2008 (27)2002 (59)2009 (25)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    The first half of 2010 saw a new record in company closures in Weymouth when compared to any previous first half year.

    The first half of 2010 was a record first half year for company closures in Weymouth when compared to any half year in history.

    In the first half of 2010 a total of 115 companies were dissolved in Weymouth. This figure is 12.7% higher than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Weymouth occurred in 2010 when a total of 115 were closed.

    Half Year (Jan-Jun)WeymouthUK
    2010115177,631
    2009102289,236
    % change12.7%-38.6%
    Record Year2010 (115)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Q2 2010 saw a new record in company closures in Weymouth when compared to any previous Q2.

    Q2 2010 was a record quarter for company closures in Weymouth when compared to any quarter in history.

    A total of 74 companies were dissolved in Weymouth during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 29.8% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)WeymouthUK
    20107494,954
    200957181,176
    % change29.8%-47.6%
    Record Year 2010 (74) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    June 2010 saw a new record in company closures in Weymouth when compared to any previous June.

    June 2010 was a record month for company closures in Weymouth when compared to any month in history.

    May 2010 saw a new record in company closures in Weymouth when compared to any previous May.

    May 2010 was a record month for company closures in Weymouth when compared to any month in history.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010133031
    Closed companies in 2009152913
    % change-13.3%3.4%138%
    Record Year2009 (15)2010 (30)2010 (31)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Weymouth increased by 22 companies.

    Half Year (Jan-Jun)WeymouthUK
    20102226,118
    200927-107,215
    Record Year2003 (119)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Weymouth during the second quarter of 2010 (Apr 2010 - Jun 2010) was -12 companies.

    second quarter (Apr 2010 - Jun 2010)WeymouthUK
    2010-123,658
    20093-90,189
    Record Year 2002 (80) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 20107-11-8
    Net growth in 20095-1412
    Record Year1997 (25)2002 (51)2003 (20)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Weymouth formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jan-Jun)Weymouth
    20100.1%
    20090.1%
    20080.1%
    20070.0%
    20060.1%
    Record Year (since 1960) 1965 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Weymouth formed 0.1% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Weymouth
    20100.1%
    20090.1%
    20080.1%
    20070.0%
    20060.1%
    Record Year (since 1960) 1965 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-8.0%20.8%-17.3%
    Record Year1967 (0.2%)2002 (0.2%)1968 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 47.1.

    The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 45.9.

    The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Weymouth was 1857 when 40.0% of all directors were female.

    27.8% of all director appointments in Weymouth in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Weymouth was in 1866 when 66.7% of all directors were female.

    24.0% of all director appointments in Weymouth in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    CARE1.88%MANAGEMENT5.01%
    DORSET1.67%CONSULTING4.79%
    WEYMOUTH1.67%CONSULTANCY3.02%
    D1.25%PROPERTY2.40%
    P1.25%ASSOCIATES2.02%
    CLEANING1.04%TRADING2.01%
    ENTERPRISES1.04%DESIGN1.91%
    AGINCARE1.04%CONSTRUCTION1.85%
    COMMUNITY1.04%MEDIA1.80%
    EVENTS1.04%BUSINESS1.75%
    C1.04%CONSULTANTS1.71%
    BUILDING1.04%INTERNATIONAL1.59%
    CONSULTING1.04%ENGINEERING1.56%
    MANAGEMENT0.84%LONDON1.52%
    J0.84%INVESTMENTS1.49%
    INTEREST0.84%J1.46%
    HOME0.84%CARE1.41%
    S0.84%GLOBAL1.39%
    (WEYMOUTH)0.84%PROPERTIES1.35%
    ELECTRICAL0.63%BUILDING1.33%
    G0.63%M1.29%
    CONSULTANCY0.63%IT1.28%
    SUPPORT0.63%ELECTRICAL1.27%
    AVIATION0.63%GROUP1.25%
    COVE0.63%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied75207,125
    7487 - Other business activities4268,525
    82990 - Other business support service activities not elsewhere classified1825,942
    7522 - Defence activities1172
    7414 - Business & management consultancy1114,598
    84220 - Defence activities954
    4521 - General construction & civil engineering88,262
    5540 - Bars82,054
    98000 - Residents property management83,540
    55100 - Hotels and similar accommodation7793
    9999 - Dormant Company719,842
    70229 - Management consultancy activities other than financial management713,490
    68209 - Other letting and operating of own or leased real estate63,834
    99999 - Dormant Company614,342
    62090 - Other information technology service activities55,854
    62020 - Information technology consultancy activities58,590
    43210 - Electrical installation52,859
    9800 - Residents Property Management52,100
    7499 - Non-trading company513,997
    43390 - Other building completion and finishing52,417

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07268160 DORSET CLEANING SERVICES LTD 28 May 2010
    07265931 SITESWORK.BIZ LTD 26 May 2010
    07256746 SPRINGHEAD WEDDINGS AND EVENTS LIMITED 18 May 2010
    07253793 YARD RETAILERS LIMITED 14 May 2010
    07253245 CELL LAB LIMITED 13 May 2010
    07250394 RADIEM LIMITED 11 May 2010
    07264115 C & G LOGISTICS LIMITED 25 May 2010
    07261290 D K SUPPORT SOLUTIONS LIMITED 21 May 2010
    07257009 G HALLEWELL LIMITED 18 May 2010
    07256574 JKS GOLF LIMITED 18 May 2010
    07255012 ASBAR LIMITED 17 May 2010
    07252803 AURA CAFE BAR LTD 13 May 2010
    07247187 M F COMMERCIAL SERVICES LIMITED 10 May 2010
    07247102 AGINCARE HOME SERVICES LIMITED 07 May 2010
    07246750 FORGET-ME-NOT LOTTERIES LIMITED 07 May 2010
    07246309 PORTLAND SPICE LIMITED 07 May 2010
    07244732 EMPIRE STEEL FIXING LIMITED 06 May 2010
    07243259 LEADING EDGE EXPEDITIONS LIMITED 05 May 2010
    07241782 NEW VISION MARKETING LTD 04 May 2010

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