HC Deb 29 October 2002 vol 391 cc772-3W
Mr. Liddell-Grainger

To ask the Secretary of State for Trade and Industry how many companies were set up in Somerset; and how many went into liquidation in(a) 1999–2000, (b) 2000–01 and (c) 2001–02. [73312]

Miss Melanie Johnson

The only official measure of business starts-ups is VAT registration data. These are based on calendar years.

Start-ups: VAT registrations Somerset county
Number
1999 1,415
2000 1,560
2001 1,390

Source:

Business start-ups and closures 1980–2001

There is no single area that reports company and individual insolvencies for Somerset.

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