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

  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 (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)CornwallUK
    2012509118,868
    2011501114,512
    % change1.6%3.8%
    Record Year 2003 (512) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2012175177157
    New companies in 2011169180152
    % change3.6%-1.7%3.3%
    Record Year2003 (190)2011 (180)2003 (162)

Closed Companies (dissolved)

  1. 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)CornwallUK
    201228774,772
    201131572,230
    % change-8.9%3.5%
    Record Year 2009 (409) 2009 (159,401)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 201211010374
    Closed companies in 201198110107
    % change12.2%-6.4%-31%
    Record Year2012 (110)2008 (203)2009 (198)

Net Company Growth

  1. 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)CornwallUK
    201222244,096
    201118642,282
    Record Year 2003 (329) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2012657483
    Net growth in 2011717045
    Record Year2003 (126)2002 (108)2002 (118)

UK Company Share

  1. 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
    20120.4%
    20110.4%
    20100.4%
    20090.4%
    20080.4%
    Record Year (since 1960) 1963 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.4%0.5%0.4%
    UK formation share in 20110.5%0.5%0.4%
    % change-7.0%-0.9%2.2%
    Record Year1963 (1.2%)1964 (0.9%)1969 (0.7%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CORNWALL2.82%CONSULTING5.06%
    MANAGEMENT1.76%MANAGEMENT4.77%
    CORNISH1.26%CONSULTANCY3.29%
    WEST1.05%PROPERTY2.36%
    POWER1.05%TRADING2.08%
    CONSULTING1.02%DESIGN1.87%
    COMMUNITY0.98%ASSOCIATES1.83%
    SOUTH0.98%ENGINEERING1.83%
    YOUR0.95%CONSULTANTS1.76%
    PROPERTY0.85%BUSINESS1.72%
    CONSTRUCTION0.85%CONSTRUCTION1.70%
    DEVELOPMENTS0.81%MEDIA1.68%
    CARE0.71%LONDON1.67%
    ENERGY0.68%J1.55%
    ST0.68%GLOBAL1.54%
    KERNOW0.68%INVESTMENTS1.47%
    CONSULTANCY0.68%IT1.43%
    J0.64%PROPERTIES1.34%
    CIC0.64%CARE1.32%
    DESIGN0.64%M1.27%
    (SW)0.54%BUILDING1.22%
    MARINE0.54%ENTERPRISES1.21%
    HOUSE0.54%ELECTRICAL1.20%
    (CORNWALL)0.54%S1.17%
    C.I.C.0.51%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied808228,243
    99999 - Dormant Company15437,912
    74909 - Other professional, scientific and technical activities not elsewhere classified15414,809
    82990 - Other business support service activities not elsewhere classified12950,446
    70229 - Management consultancy activities other than financial management6828,990
    7487 - Other business activities6516,361
    96090 - Other service activities not elsewhere classified6520,742
    41100 - Development of building projects647,545
    74990 - Non-trading company5613,641
    56101 - Licensed restaurants546,004
    41202 - Construction of domestic buildings534,591
    62020 - Information technology consultancy activities4421,969
    86900 - Other human health activities447,550
    62090 - Other information technology service activities4011,950
    43210 - Electrical installation375,151
    62012 - Business and domestic software development356,943
    98000 - Residents property management354,205
    47910 - Retail sale via mail order houses or via Internet355,760
    68320 - Management of real estate on a fee or contract basis354,786
    68209 - Other letting and operating of own or leased real estate346,519

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08182643 THE BAZELEY PARTNERSHIP LTD 16 Aug 2012
    08175226 O2B CLUB LTD 10 Aug 2012
    08195385 AMOURE MAGAZINE LTD 29 Aug 2012
    08179456 BUDDY ANIMATICS LTD 14 Aug 2012
    08172095 M&M HIRE LIMITED 08 Aug 2012
    08178576 FOLK2FOLK LIMITED 14 Aug 2012
    08181274 BAKER CAFES LIMITED 16 Aug 2012
    08164283 ETHICAL ENERGY DEVELOPMENTS LTD 01 Aug 2012
    08163942 SPF MANAGEMENT LIMITED 01 Aug 2012
    08164022 SPF MERCHANDISING LIMITED 01 Aug 2012
    08164027 SPF LETTINGS LIMITED 01 Aug 2012
    08164040 SPF VIRTUALS LTD 01 Aug 2012
    08164068 SPF WHOLESALE LTD 01 Aug 2012
    08178179 KETTLE JOINERY LTD 14 Aug 2012
    08191472 BROAD ERECTIONS LIMITED 24 Aug 2012
    08188673 TRIBUTE MEDIA LIMITED 23 Aug 2012
    08194243 B & M (ST MAWES) DEVELOPMENTS LIMITED 29 Aug 2012
    08167453 CORNWALL TROPHIES LIMITED 03 Aug 2012
    08174075 LUSH HAIR & BEAUTY BOUTIQUE LTD 09 Aug 2012
    08174253 PACKEDGE LTD 09 Aug 2012
    08181209 CORNWALL ARTS RESTAURANT LIMITED 15 Aug 2012
    08192094 THE BEAUTY SUITE (TRURO) LIMITED 28 Aug 2012
    08183358 KEA ENGINEERING SERVICES LIMITED 17 Aug 2012
    08167466 SQUARED CIRCLE PROMOTIONS LIMITED 03 Aug 2012
    08170190 MAVEN WINDOWS & DOORS LTD 07 Aug 2012