Record Numbers Of New Companies Registered In Bath

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The latest government data, analysed and cleansed by company formation expert Duport Associates, reveals an all time record for the number of companies registered in Bath, Somerset.

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This is just the sort of business headline that the country needs to strengthen our economic recovery, and Bath can be proud of its achievements in March

Companies House data for March 2012 shows a record 93 new companies were registered in Bath. This figures smashes the previous best of 87 companies achieved in both September 2003 and March 2006.

Of the 93 new companies registered, 91 are regular Limited companies, 1 is a Community Interest Company (CIC) and 1 Right To Manage company.

In the Somerset area, where a total of 422 new companies were registered in March 2012, Bath was the most popular area, followed by Taunton with 61 new companies and Weston Super Mare with 53.

Managing Director of Duport, Peter Valaitis commented: “Bath is a wonderful city which is always popular with the tourists for its history and beauty. It’s nice to see that Bath is much more than just a pretty face. This is just the sort of business headline that the country needs to strengthen our economic recovery, and Bath can be proud of its achievements in March.”

Bath has long been a popular destination for tourism, as a World Heritage Site boasting historic roman baths and iconic Georgian architecture. Bath’s tourism pull has made the city a popular destination for retail, and In more recent years Bath has emerged as a popular business location for software and publishing.

According to the website of the Bath & North East Council, key drivers for the future of Bath City Centre include “opportunities for retail expansion, new business accommodation, building upon and enhancing facilities for visitors, housing, transport improvements and enhancement of an already high quality urban environment”

Duport Associates Ltd is a leading UK company formation agent, operating in the UK for around 15 years. Duport registers around 10,000 new companies each year using its Companies House approved software. The Company Register which is maintained by Companies House contains public information about Limited companies and directors.

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