Cornwall

2012 Annual Business Confidence Report

Headlines

  • The second half of 2012 saw a new record in company registrations in Cornwall when compared to any previous second half year.
  • Q4 2012 saw a new record in company registrations in Cornwall when compared to any previous Q4.
  • November 2012 saw a new record in company registrations in Cornwall when compared to any previous November.
  • October 2012 saw a new record in company registrations in Cornwall when compared to any previous October.

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. Annual Data (2012)

    A total of 2,143 companies were formed in Cornwall in 2012. This total is 3.5% higher than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearCornwallUK
    20122,143491,893
    20112,070452,870
    20101,786400,358
    20091,638362,675
    20081,524349,203
    Record Year2003 (2,231)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in company registrations in Cornwall when compared to any previous second half year.

    In the second half of 2012 a total of 1,032 companies were formed in Cornwall. This figure is 3.5% higher than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Cornwall occurred in 2012 when a total of 1,032 were formed.

    Half Year (Jul-Dec)CornwallUK
    20121,032238,743
    2011997224,135
    % change3.5%6.5%
    Record Year2012 (1,032)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in Cornwall when compared to any previous Q4.

    A total of 523 companies were registered in Cornwall during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 5.4% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)CornwallUK
    2012523119,875
    2011496109,623
    % change5.4%9.4%
    Record Year 2012 (523) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012220187116
    New companies in 2011188177131
    % change17.0%5.6%-11.5%
    Record Year2012 (220)2012 (187)2003 (156)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 1,150 companies were dissolved in Cornwall in 2012. This total is 8.4% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.

    YearCornwallUK
    20121,150293,728
    20111,255314,524
    20101,259342,233
    20091,604533,787
    2008761237,873
    Record Year2009 (1,604)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 542 companies were dissolved in Cornwall. This figure is 14.8% lower than last year, which compares well to the UK wide change of -4.1%.

    The highest total for a second half year in Cornwall occurred in 2009 when a total of 750 were closed.

    Half Year (Jul-Dec)CornwallUK
    2012542145,934
    2011636152,213
    % change-14.8%-4.1%
    Record Year2009 (750)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 250 companies were dissolved in Cornwall during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 22.1% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)CornwallUK
    201225070,026
    201132179,983
    % change-22.1%-12.4%
    Record Year 2009 (341) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201210010248
    Closed companies in 201178128115
    % change28.2%-20.3%-58%
    Record Year2009 (112)2011 (128)2009 (134)

Net Company Growth

  1. Annual Data (2012)

    A total of 993 companies were added to the company register for Cornwall in 2012. This number represents growth of 48.0% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 178 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Cornwall company register grew by 1,604 companies.

    YearCornwallUK
    2012993198,165
    2011815138,346
    201052758,125
    200934-171,112
    2008763111,330
    Record Year2003 (1,604)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Cornwall increased by 490 companies.

    Half Year (Jul-Dec)CornwallUK
    201249092,809
    201136171,922
    Record Year2003 (675)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Cornwall during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 273 companies.

    fourth quarter (Oct 2012 - Dec 2012)CornwallUK
    201227349,849
    201117529,640
    Record Year 2003 (346) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20121208568
    Net growth in 20111104916
    Record Year2003 (137)2003 (110)2003 (99)

UK Company Share

  1. Annual Data (2012)

    In 2012 Cornwall formed 0.4% of all UK companies. This is a decline on 2011 when Cornwall was responsible for 0.5% of all UK companies.

    YearCornwall
    20120.4%
    20110.5%
    20100.4%
    20090.5%
    20080.4%
    Record Year (since 1960)1964 (0.7%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Cornwall formed 0.4% of all UK companies. This is the same as the 2011 figure of 0.4%.

    Half Year (Jul-Dec)Cornwall
    20120.4%
    20110.4%
    20100.4%
    20090.4%
    20080.4%
    Record Year (since 1960) 1964 (0.7%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

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

    fourth quarter (Oct 2012 - Dec 2012)Cornwall
    20120.4%
    20110.5%
    20100.4%
    20090.4%
    20080.4%
    Record Year (since 1960) 1960 (0.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.5%0.4%0.4%
    UK formation share in 20110.5%0.4%0.4%
    % change-1.7%0.5%-13.8%
    Record Year1964 (0.9%)1961 (1.4%)1975 (1.0%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 45.7.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 7.0% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 45.0.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 6.6% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 44.6.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Cornwall was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Cornwall in 2012 was 36.6%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Cornwall was 1860 when 42.9% of all directors were female.

    30.3% of all director appointments in Cornwall in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Cornwall was in 1977 when 31.2% of all directors were female.

    29.1% of all director appointments in Cornwall in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CORNWALL2.79%CONSULTING5.15%
    MANAGEMENT1.95%MANAGEMENT4.78%
    CORNISH1.51%CONSULTANCY3.31%
    CONSTRUCTION1.11%PROPERTY2.40%
    CONSULTING0.94%TRADING2.03%
    WEST0.91%DESIGN1.86%
    ENERGY0.84%ASSOCIATES1.82%
    SOUTH0.81%ENGINEERING1.79%
    DEVELOPMENTS0.74%BUSINESS1.76%
    CONSULTANCY0.74%CONSULTANTS1.75%
    ST0.74%CONSTRUCTION1.69%
    PROPERTY0.71%LONDON1.69%
    COMMUNITY0.71%MEDIA1.69%
    TRUST0.67%GLOBAL1.59%
    DESIGN0.64%J1.57%
    ENGINEERING0.64%INVESTMENTS1.46%
    KERNOW0.64%IT1.43%
    CARE0.64%CARE1.39%
    CIC0.60%PROPERTIES1.34%
    (SW)0.57%M1.26%
    FARM0.57%BUILDING1.23%
    J0.57%ENTERPRISES1.21%
    ASSOCIATES0.54%TRAINING1.18%
    (CORNWALL)0.54%ELECTRICAL1.17%
    PROPERTIES0.54%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied865236,139
    99999 - Dormant Company16840,648
    74909 - Other professional, scientific and technical activities not elsewhere classified16415,572
    82990 - Other business support service activities not elsewhere classified12552,427
    70229 - Management consultancy activities other than financial management7830,396
    41100 - Development of building projects647,980
    96090 - Other service activities not elsewhere classified6122,058
    56101 - Licensed restaurants576,400
    41202 - Construction of domestic buildings574,882
    62020 - Information technology consultancy activities5123,256
    74990 - Non-trading company4913,808
    86900 - Other human health activities487,866
    43210 - Electrical installation395,304
    62090 - Other information technology service activities3912,291
    7487 - Other business activities3810,703
    43999 - Other specialised construction activities not elsewhere classified376,419
    62012 - Business and domestic software development357,446
    98000 - Residents property management354,377
    47910 - Retail sale via mail order houses or via Internet346,307
    56302 - Public houses and bars344,543

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08277653 CORNISH QUALITY BUTCHERS LIMITED 01 Nov 2012
    08297991 FLATSEAL 20 FIBREGLASS FLAT ROOFING SYSTEMS LTD 19 Nov 2012
    08309035 GET IN THE HOLE LIMITED 27 Nov 2012
    08314469 TRADEMARK TREES LTD 30 Nov 2012
    08292374 MEADOWLEIGH INVESTMENTS LIMITED 13 Nov 2012
    08292889 DEVON PURCHASING LIMITED 14 Nov 2012
    08286467 TLOPHOTOGRAPHY LIMITED 08 Nov 2012
    08283084 PARTNER SCHOOLS WORLDWIDE LTD 06 Nov 2012
    08298350 MC WOODWORK LIMITED 19 Nov 2012
    08309806 PAR MOOR PRESCHOOL AND NURSERY LTD 27 Nov 2012
    08289065 PREMIER MASTIC ASPHALT LIMITED 12 Nov 2012
    08293199 GAVIOTA LIMITED 14 Nov 2012
    08306525 THE GOLDEN KEY CLUB LIMITED 26 Nov 2012
    08309503 CRIMINISI DEVELOPMENTS LIMITED 27 Nov 2012
    08314173 MINERVA COMMERCIAL LIMITED 30 Nov 2012
    08306779 NEWQUAY MANAGEMENT LIMITED 26 Nov 2012
    08290705 WEST PENTIRE PARKING LIMITED 12 Nov 2012
    08291656 ICE CREAM WORLD AND FROZEN FOODS LIMITED 13 Nov 2012
    08303037 HONG KONG HOUSE CHINESE TAKEAWAY LIMITED 22 Nov 2012
    08313668 RSB ECOLOGIC LIMITED 30 Nov 2012
    08306494 ROD HULME CONSULTING LTD 26 Nov 2012
    08289132 GEMS PROPERTY DEVELOPMENT LIMITED 12 Nov 2012
    08303792 SSDEV LTD 22 Nov 2012
    08309544 LAW EMPORIUMS LIMITED 27 Nov 2012
    08292224 JO FRIDAY LIMITED 13 Nov 2012