Weymouth, Dorset

2014 Annual Business Confidence Report

Headlines

  • November 2014 saw a new record in company registrations in Weymouth when compared to any previous November.
  • 2014 was a record year for company closures in Weymouth when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Weymouth when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company closures in Weymouth when compared to any half year in history.
  • December 2014 saw a new record in company closures in Weymouth when compared to any previous December.

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 (2014)

    A total of 326 companies were formed in Weymouth in 2014. This total is 17.3% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearWeymouthUK
    2014326582,051
    2013394529,363
    2012295491,893
    2011283452,870
    2010277400,358
    Record Year2013 (394)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 144 companies were formed in Weymouth. This figure is 31.8% lower than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Weymouth occurred in 2013 when a total of 211 were formed.

    Half Year (Jul-Dec)WeymouthUK
    2014144281,320
    2013211259,931
    % change-31.8%8.2%
    Record Year2013 (211)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 81 companies were registered in Weymouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 10.0% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)WeymouthUK
    201481137,906
    201390127,247
    % change-10.0%8.4%
    Record Year 2013 (90) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in company registrations in Weymouth when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014223524
    New companies in 2013352926
    % change-37.1%20.7%-7.7%
    Record Year2013 (35)2014 (35)2013 (26)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Weymouth when compared to any year in history.

    A total of 230 companies were dissolved in Weymouth in 2014. This total is 20.4% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearWeymouthUK
    2014230367,937
    2013191332,213
    2012202293,729
    2011180314,524
    2010192342,233
    Record Year2014 (230)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Weymouth when compared to any previous second half year.

    The second half of 2014 was a record second half year for company closures in Weymouth when compared to any half year in history.

    In the second half of 2014 a total of 117 companies were dissolved in Weymouth. This figure is 18.2% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Weymouth occurred in 2014 when a total of 117 were closed.

    Half Year (Jul-Dec)WeymouthUK
    2014117190,730
    201399177,021
    % change18.2%7.7%
    Record Year2014 (117)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 63 companies were dissolved in Weymouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 10.5% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)WeymouthUK
    20146389,060
    20135790,851
    % change10.5%-2.0%
    Record Year 2014 (63) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Weymouth when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014152127
    Closed companies in 2013221619
    % change-31.8%31.3%42%
    Record Year2012 (25)2012 (28)2014 (27)

Net Company Growth

  1. Annual Data (2014)

    A total of 96 companies were added to the company register for Weymouth in 2014. This number represents growth of 29.4% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 107 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Weymouth company register grew by 203 companies.

    YearWeymouthUK
    201496214,114
    2013203197,150
    201293198,164
    2011103138,346
    20108558,125
    Record Year2013 (203)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Weymouth increased by 27 companies.

    Half Year (Jul-Dec)WeymouthUK
    20142790,590
    201311282,910
    Record Year2013 (112)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Weymouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 18 companies.

    fourth quarter (Oct 2014 - Dec 2014)WeymouthUK
    20141848,846
    20133336,396
    Record Year 2010 (50) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014714-3
    Net growth in 201313137
    Record Year2003 (32)2010 (15)2010 (20)

UK Company Share

  1. Annual Data (2014)

    In 2014 Weymouth formed 0.1% of all UK companies. This is no change on 2013 when Weymouth was responsible for 0.1% of all UK companies.

    YearWeymouth
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2002 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Weymouth formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Weymouth
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2013 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Weymouth formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Weymouth
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2010 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-40.2%14.6%-21.0%
    Record Year2003 (0.1%)1993 (0.1%)1990 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 45.9.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 47.1.

    The percentage of directors under the age of 25 was 7.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 47.3.

    The percentage of directors under the age of 25 was 9.4% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Weymouth was 1988 when 50.0% of all directors were female.

    The percentage of female directors in Weymouth in 2014 was 28.7%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Weymouth was 2011 when 38.1% of all directors were female.

    29.1% of all director appointments in Weymouth in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Weymouth was in 2009 when 39.2% of all directors were female.

    30.7% of all director appointments in Weymouth in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.22%CONSULTING5.22%
    WEYMOUTH2.05%MANAGEMENT4.58%
    PROPERTY1.88%CONSULTANCY3.57%
    DORSET1.54%PROPERTY2.66%
    ENGINEERING1.37%CONSTRUCTION2.12%
    CONSULTANTS1.37%ENGINEERING2.10%
    BUILD1.19%CARE2.02%
    ELECTRICAL1.19%TRADING1.94%
    CO1.02%LONDON1.93%
    J0.85%TRANSPORT1.93%
    (DORSET)0.85%DESIGN1.66%
    MAINTENANCE0.85%CONSULTANTS1.64%
    COMMERCIAL0.68%ELECTRICAL1.62%
    COAST0.68%PROPERTIES1.62%
    G0.68%BUSINESS1.56%
    PROPERTIES0.68%J1.54%
    DEVELOPMENTS0.68%CO.,1.50%
    CONSULTING0.68%GLOBAL1.49%
    BUILDING0.68%INVESTMENTS1.48%
    T0.68%ASSOCIATES1.47%
    S0.68%DEVELOPMENTS1.35%
    ASSOCIATES0.68%MEDIA1.33%
    MARINE0.51%IT1.31%
    EDMONDS0.51%BUILDING1.29%
    SW0.51%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied110265,608
    43220 - Plumbing, heat and air-conditioning installation545,189
    74909 - Other professional, scientific and technical activities not elsewhere classified2319,049
    84220 - Defence activities20145
    70229 - Management consultancy activities other than financial management1842,290
    82990 - Other business support service activities not elsewhere classified1658,068
    68209 - Other letting and operating of own or leased real estate1511,212
    99999 - Dormant Company1248,509
    56101 - Licensed restaurants128,782
    56302 - Public houses and bars126,285
    62020 - Information technology consultancy activities930,178
    86210 - General medical practice activities94,591
    96020 - Hairdressing and other beauty treatment86,742
    86900 - Other human health activities812,976
    98000 - Residents property management75,255
    96090 - Other service activities not elsewhere classified729,009
    71129 - Other engineering activities76,132
    45200 - Maintenance and repair of motor vehicles75,425
    56103 - Take-away food shops and mobile food stands78,318
    47990 - Other retail sale not in stores, stalls or markets76,452

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09295770 ANGLO DIAMOND TOOLS LIMITED 05 Nov 2014
    09311864 RESULT! NYC LTD. 14 Nov 2014
    09313781 RESULT! GBR LTD. 17 Nov 2014
    09321543 NETRIVER SYSTEMS LIMITED 20 Nov 2014
    09330459 THE CUSTOMS HOUSE LTD 27 Nov 2014
    09292823 CORAL CATERING LIMITED 03 Nov 2014
    09300961 NEAVE & CO WEALTH LIMITED 07 Nov 2014
    09304024 HOOKIPA CONSULTING LIMITED 10 Nov 2014
    09304860 DIVE BEYOND LIMITED 11 Nov 2014
    09306421 KLAN (UK) LIMITED 11 Nov 2014
    09308409 21 GREAT GEORGE STREET WEYMOUTH MANAGEMENT LIMITED 12 Nov 2014
    09309164 DORSET EVENTS LIMITED 13 Nov 2014
    09310270 QUIDDLES LIMITED 13 Nov 2014
    09311504 THE STAGE DOOR LTD 14 Nov 2014
    09311617 KINGA RZECZYCKA LIMITED 14 Nov 2014
    09312755 GURR LIMITED 17 Nov 2014
    09316591 PASSAGE CLOSE MANAGEMENT CO LTD 18 Nov 2014
    09316987 LD TRUCKER LIMITED 18 Nov 2014
    09320506 LAKE DEVELOPMENTS (WEYMOUTH) LIMITED 20 Nov 2014
    09321092 LA FIESTA CLUB LTD 20 Nov 2014
    09322523 MARK HARDY STONEMASONS LIMITED 21 Nov 2014
    09324281 GAME RAIDER LIMITED 24 Nov 2014
    09325365 JZE CONSULTING LTD 24 Nov 2014
    09327964 IMMERSIVE YACHT LIMITED 26 Nov 2014
    09333012 WEEDEN MASONRY LIMITED 28 Nov 2014

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