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Cornwall

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Cornwall when compared to any previous Q1.
  • February 2012 saw a new record in company registrations in Cornwall when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company registrations in Cornwall when compared to any previous Q1.

    A total of 570 companies were registered in Cornwall during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 6.3% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)CornwallUK
    2012570131,491
    2011536116,391
    % change6.3%13.0%
    Record Year 2012 (570) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Cornwall when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012156197217
    New companies in 2011154169213
    % change1.3%16.6%1.9%
    Record Year2007 (156)2012 (197)2003 (256)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 271 companies were dissolved in Cornwall during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 12.0% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)CornwallUK
    201227167,576
    201130890,986
    % change-12.0%-25.7%
    Record Year 2009 (336) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20121038286
    Closed companies in 20111259192
    % change-17.6%-9.9%-7%
    Record Year2011 (125)2010 (92)2009 (219)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Cornwall during the first quarter of 2012 (Jan 2012 - Mar 2012) was 299 companies.

    first quarter (Jan 2012 - Mar 2012)CornwallUK
    201229963,915
    201122825,405
    Record Year 2003 (422) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201253115131
    Net growth in 20112978121
    Record Year2003 (97)2003 (123)2003 (202)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Cornwall formed 0.4% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Cornwall
    20120.4%
    20110.5%
    20100.5%
    20090.5%
    20080.4%
    Record Year (since 1960) 1961 (1.0%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.4%0.4%0.5%
    UK formation share in 20110.5%0.4%0.5%
    % change-13.2%-0.3%-4.7%
    Record Year1962 (1.0%)1964 (1.0%)1961 (1.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 46.0.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 8.1% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Cornwall was in 1861 when 40.0% of all directors were female.

    29.5% of all director appointments in Cornwall in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CORNWALL3.12%CONSULTING5.07%
    MANAGEMENT1.63%MANAGEMENT4.74%
    WEST1.35%CONSULTANCY3.30%
    SOUTH1.28%PROPERTY2.37%
    POWER1.14%TRADING2.07%
    PROPERTY1.14%DESIGN1.93%
    CORNISH1.04%ENGINEERING1.86%
    YOUR1.00%ASSOCIATES1.84%
    COMMUNITY0.93%CONSULTANTS1.79%
    CONSULTING0.87%BUSINESS1.73%
    DEVELOPMENTS0.83%MEDIA1.72%
    SCHOOL0.76%CONSTRUCTION1.72%
    KERNOW0.73%LONDON1.66%
    CIC0.69%J1.54%
    ENERGY0.69%INVESTMENTS1.51%
    HOUSE0.66%GLOBAL1.50%
    (CORNWALL)0.62%IT1.40%
    J0.59%CARE1.34%
    CONSTRUCTION0.52%PROPERTIES1.31%
    ACADEMY0.52%ELECTRICAL1.27%
    CARE0.52%M1.27%
    C.I.C.0.52%BUILDING1.24%
    DESIGN0.52%ENERGY1.20%
    ST0.52%S1.20%
    CONSULTANCY0.52%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied749216,665
    7487 - Other business activities20852,735
    99999 - Dormant Company10925,084
    82990 - Other business support service activities not elsewhere classified9035,233
    74909 - Other professional, scientific and technical activities not elsewhere classified899,892
    9999 - Dormant Company6318,617
    41100 - Development of building projects454,984
    70229 - Management consultancy activities other than financial management4219,704
    96090 - Other service activities not elsewhere classified4213,637
    9305 - Other service activities418,818
    41202 - Construction of domestic buildings363,052
    74990 - Non-trading company359,729
    4521 - General construction & civil engineering345,169
    62020 - Information technology consultancy activities3414,303
    86900 - Other human health activities315,066
    62090 - Other information technology service activities298,145
    98000 - Residents property management273,050
    56101 - Licenced restaurants252,051
    68320 - Management of real estate on a fee or contract basis253,448
    86230 - Dental practice activities251,834

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07975350 THE IDEAS MILL CIC 05 Mar 2012
    07997710 IMAGESTREET LTD 20 Mar 2012
    07976097 TKR CONSTRUCTION LIMITED 05 Mar 2012
    07993444 CD SHARP CONSULTING LIMITED 16 Mar 2012
    08012739 CAPONCRAIG LIMITED 30 Mar 2012
    07993288 PAYMENT MINDER LTD 16 Mar 2012
    07984950 THE CORNISH CORNISH PASTY COMPANY LTD 12 Mar 2012
    07995711 CORDEV LTD 19 Mar 2012
    08001083 INTELLIGENT TIMBER PROPERTY LTD 22 Mar 2012
    07986665 GUMMEE LIMITED 12 Mar 2012
    07976637 CORNISH GOLD STORE LIMITED 05 Mar 2012
    07994651 RIU RAU LIMITED 19 Mar 2012
    08005579 STEINWOOD LTD. 26 Mar 2012
    08010711 LOWENVA LTD 29 Mar 2012
    07976240 TROPHY TEXTILES LIMITED 05 Mar 2012
    07999264 CORNWALL COMMUNITY ACCOUNTANCY SERVICE 21 Mar 2012
    08000031 TEAGUE BROTHERS LIMITED 21 Mar 2012
    08002063 HERITAGE RENOVATION & CONSTRUCTION LTD 22 Mar 2012
    08006057 LAKEVIEW COUNTRY CLUB (LODGE 7) LIMITED 26 Mar 2012
    07993907 ZLC ENERGY LTD 16 Mar 2012
    08007157 BEACHAM LIMITED 27 Mar 2012
    08011174 AFTAN LIMITED 29 Mar 2012
    08011576 NEWCO JOINERY LIMITED 29 Mar 2012
    07991664 COOLGREY DESIGN LTD 15 Mar 2012
    07993252 TRURO FABRICS LIMITED 16 Mar 2012