Cornwall
Q3 2012 Business Confidence Report
Headlines
- July 2012 saw a new record in company closures in Cornwall when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2012)
A total of 509 companies were registered in Cornwall during the third quarter of 2012 (Jul 2012 - Sep 2012).
This figure is an increase of 1.6% versus the same period last year (Q3 2011). This figure compares equally to the UK as a whole, which saw an increase of 3.8% against the same period last year.
third quarter (Jul 2012 - Sep 2012) Cornwall UK 2012 509 118,868 2011 501 114,512 % change 1.6% 3.8% Record Year 2003 (512) 2012 (118,868) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
New Companies by Month
July August September New companies in 2012 175 177 157 New companies in 2011 169 180 152 % change 3.6% -1.7% 3.3% Record Year 2003 (190) 2011 (180) 2003 (162)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2012)
A total of 287 companies were dissolved in Cornwall during the third quarter of 2012 (Jul 2012 - Sep 2012).
This figure is a decrease of 8.9% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.5% against the same period last year.
third quarter (Jul 2012 - Sep 2012) Cornwall UK 2012 287 74,772 2011 315 72,230 % change -8.9% 3.5% Record Year 2009 (409) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
July 2012 saw a new record in company closures in Cornwall when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2012 110 103 74 Closed companies in 2011 98 110 107 % change 12.2% -6.4% -31% Record Year 2012 (110) 2008 (203) 2009 (198)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2012)
Net company growth for Cornwall during the third quarter of 2012 (Jul 2012 - Sep 2012) was 222 companies.
third quarter (Jul 2012 - Sep 2012) Cornwall UK 2012 222 44,096 2011 186 42,282 Record Year 2003 (329) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Net Growth by Month
July August September Net growth in 2012 65 74 83 Net growth in 2011 71 70 45 Record Year 2003 (126) 2002 (108) 2002 (118)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2012)
In the third quarter of 2012, Cornwall formed 0.4% of all UK companies.
third quarter (Jul 2012 - Sep 2012) Cornwall 2012 0.4% 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% Record Year (since 1960) 1963 (0.7%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Company Share by Month
July August September UK formation share in 2012 0.4% 0.5% 0.4% UK formation share in 2011 0.5% 0.5% 0.4% % change -7.0% -0.9% 2.2% Record Year 1963 (1.2%) 1964 (0.9%) 1969 (0.7%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2012)
The average age of a director in the third quarter of 2012 was 44.3.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.2%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2012)
The record third quarter for female directors in Cornwall was in 1862 when 50.0% of all directors were female.
30.2% of all director appointments in Cornwall in the third quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2011-Sep 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.82% CONSULTING 5.06% MANAGEMENT 1.76% MANAGEMENT 4.77% CORNISH 1.26% CONSULTANCY 3.29% WEST 1.05% PROPERTY 2.36% POWER 1.05% TRADING 2.08% CONSULTING 1.02% DESIGN 1.87% COMMUNITY 0.98% ASSOCIATES 1.83% SOUTH 0.98% ENGINEERING 1.83% YOUR 0.95% CONSULTANTS 1.76% PROPERTY 0.85% BUSINESS 1.72% CONSTRUCTION 0.85% CONSTRUCTION 1.70% DEVELOPMENTS 0.81% MEDIA 1.68% CARE 0.71% LONDON 1.67% ENERGY 0.68% J 1.55% ST 0.68% GLOBAL 1.54% KERNOW 0.68% INVESTMENTS 1.47% CONSULTANCY 0.68% IT 1.43% J 0.64% PROPERTIES 1.34% CIC 0.64% CARE 1.32% DESIGN 0.64% M 1.27% (SW) 0.54% BUILDING 1.22% MARINE 0.54% ENTERPRISES 1.21% HOUSE 0.54% ELECTRICAL 1.20% (CORNWALL) 0.54% S 1.17% C.I.C. 0.51% SECURITY 1.16%
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 808 228,243 99999 - Dormant Company 154 37,912 74909 - Other professional, scientific and technical activities not elsewhere classified 154 14,809 82990 - Other business support service activities not elsewhere classified 129 50,446 70229 - Management consultancy activities other than financial management 68 28,990 7487 - Other business activities 65 16,361 96090 - Other service activities not elsewhere classified 65 20,742 41100 - Development of building projects 64 7,545 74990 - Non-trading company 56 13,641 56101 - Licensed restaurants 54 6,004 41202 - Construction of domestic buildings 53 4,591 62020 - Information technology consultancy activities 44 21,969 86900 - Other human health activities 44 7,550 62090 - Other information technology service activities 40 11,950 43210 - Electrical installation 37 5,151 62012 - Business and domestic software development 35 6,943 98000 - Residents property management 35 4,205 47910 - Retail sale via mail order houses or via Internet 35 5,760 68320 - Management of real estate on a fee or contract basis 35 4,786 68209 - Other letting and operating of own or leased real estate 34 6,519
Recent Companies
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Randomly selected companies from this quarter
reports
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