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
New Company Registrations
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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) Cornwall UK 2012 570 131,491 2011 536 116,391 % change 6.3% 13.0% Record Year 2012 (570) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2012 156 197 217 New companies in 2011 154 169 213 % change 1.3% 16.6% 1.9% Record Year 2007 (156) 2012 (197) 2003 (256)
Closed Companies (dissolved)
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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) Cornwall UK 2012 271 67,576 2011 308 90,986 % change -12.0% -25.7% Record Year 2009 (336) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 103 82 86 Closed companies in 2011 125 91 92 % change -17.6% -9.9% -7% Record Year 2011 (125) 2010 (92) 2009 (219)
Net Company Growth
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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) Cornwall UK 2012 299 63,915 2011 228 25,405 Record Year 2003 (422) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Net Growth by Month
January February March Net growth in 2012 53 115 131 Net growth in 2011 29 78 121 Record Year 2003 (97) 2003 (123) 2003 (202)
UK Company Share
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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 2012 0.4% 2011 0.5% 2010 0.5% 2009 0.5% 2008 0.4% Record Year (since 1960) 1961 (1.0%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 0.4% 0.4% 0.5% UK formation share in 2011 0.5% 0.4% 0.5% % change -13.2% -0.3% -4.7% Record Year 1962 (1.0%) 1964 (1.0%) 1961 (1.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 3.12% CONSULTING 5.07% MANAGEMENT 1.63% MANAGEMENT 4.74% WEST 1.35% CONSULTANCY 3.30% SOUTH 1.28% PROPERTY 2.37% POWER 1.14% TRADING 2.07% PROPERTY 1.14% DESIGN 1.93% CORNISH 1.04% ENGINEERING 1.86% YOUR 1.00% ASSOCIATES 1.84% COMMUNITY 0.93% CONSULTANTS 1.79% CONSULTING 0.87% BUSINESS 1.73% DEVELOPMENTS 0.83% MEDIA 1.72% SCHOOL 0.76% CONSTRUCTION 1.72% KERNOW 0.73% LONDON 1.66% CIC 0.69% J 1.54% ENERGY 0.69% INVESTMENTS 1.51% HOUSE 0.66% GLOBAL 1.50% (CORNWALL) 0.62% IT 1.40% J 0.59% CARE 1.34% CONSTRUCTION 0.52% PROPERTIES 1.31% ACADEMY 0.52% ELECTRICAL 1.27% CARE 0.52% M 1.27% C.I.C. 0.52% BUILDING 1.24% DESIGN 0.52% ENERGY 1.20% ST 0.52% S 1.20% CONSULTANCY 0.52% ENTERPRISES 1.19%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 749 216,665 7487 - Other business activities 208 52,735 99999 - Dormant Company 109 25,084 82990 - Other business support service activities not elsewhere classified 90 35,233 74909 - Other professional, scientific and technical activities not elsewhere classified 89 9,892 9999 - Dormant Company 63 18,617 41100 - Development of building projects 45 4,984 70229 - Management consultancy activities other than financial management 42 19,704 96090 - Other service activities not elsewhere classified 42 13,637 9305 - Other service activities 41 8,818 41202 - Construction of domestic buildings 36 3,052 74990 - Non-trading company 35 9,729 4521 - General construction & civil engineering 34 5,169 62020 - Information technology consultancy activities 34 14,303 86900 - Other human health activities 31 5,066 62090 - Other information technology service activities 29 8,145 98000 - Residents property management 27 3,050 56101 - Licenced restaurants 25 2,051 68320 - Management of real estate on a fee or contract basis 25 3,448 86230 - Dental practice activities 25 1,834
Recent Companies
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Randomly selected companies from this quarter
reports
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