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
New Company Registrations
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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.
Year Cornwall UK 2012 2,143 491,893 2011 2,070 452,870 2010 1,786 400,358 2009 1,638 362,675 2008 1,524 349,203 Record Year 2003 (2,231) 2012 (491,893) New Companies by Year
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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) Cornwall UK 2012 1,032 238,743 2011 997 224,135 % change 3.5% 6.5% Record Year 2012 (1,032) 2012 (238,743) New Companies by Half Year
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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) Cornwall UK 2012 523 119,875 2011 496 109,623 % change 5.4% 9.4% Record Year 2012 (523) 2012 (119,875) New Companies by Quarter
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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
October November December New companies in 2012 220 187 116 New companies in 2011 188 177 131 % change 17.0% 5.6% -11.5% Record Year 2012 (220) 2012 (187) 2003 (156)
Closed Companies (dissolved)
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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.
Year Cornwall UK 2012 1,150 293,728 2011 1,255 314,524 2010 1,259 342,233 2009 1,604 533,787 2008 761 237,873 Record Year 2009 (1,604) 2009 (533,787) Dissolved Companies by Year
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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) Cornwall UK 2012 542 145,934 2011 636 152,213 % change -14.8% -4.1% Record Year 2009 (750) 2009 (244,543) Dissolved Companies by Half Year
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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) Cornwall UK 2012 250 70,026 2011 321 79,983 % change -22.1% -12.4% Record Year 2009 (341) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Dissolved Companies by Month
October November December Closed companies in 2012 100 102 48 Closed companies in 2011 78 128 115 % change 28.2% -20.3% -58% Record Year 2009 (112) 2011 (128) 2009 (134)
Net Company Growth
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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.
Year Cornwall UK 2012 993 198,165 2011 815 138,346 2010 527 58,125 2009 34 -171,112 2008 763 111,330 Record Year 2003 (1,604) 2003 (242,541) Net Growth by Year
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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) Cornwall UK 2012 490 92,809 2011 361 71,922 Record Year 2003 (675) 2003 (117,772) Net Growth by Half Year
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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) Cornwall UK 2012 273 49,849 2011 175 29,640 Record Year 2003 (346) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 120 85 68 Net growth in 2011 110 49 16 Record Year 2003 (137) 2003 (110) 2003 (99)
UK Company Share
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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.
Year Cornwall 2012 0.4% 2011 0.5% 2010 0.4% 2009 0.5% 2008 0.4% Record Year (since 1960) 1964 (0.7%) Company Share by Year
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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 2012 0.4% 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% Record Year (since 1960) 1964 (0.7%) Company Share by Half Year
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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 2012 0.4% 2011 0.5% 2010 0.4% 2009 0.4% 2008 0.4% Record Year (since 1960) 1960 (0.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.5% 0.4% 0.4% UK formation share in 2011 0.5% 0.4% 0.4% % change -1.7% 0.5% -13.8% Record Year 1964 (0.9%) 1961 (1.4%) 1975 (1.0%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.79% CONSULTING 5.15% MANAGEMENT 1.95% MANAGEMENT 4.78% CORNISH 1.51% CONSULTANCY 3.31% CONSTRUCTION 1.11% PROPERTY 2.40% CONSULTING 0.94% TRADING 2.03% WEST 0.91% DESIGN 1.86% ENERGY 0.84% ASSOCIATES 1.82% SOUTH 0.81% ENGINEERING 1.79% DEVELOPMENTS 0.74% BUSINESS 1.76% CONSULTANCY 0.74% CONSULTANTS 1.75% ST 0.74% CONSTRUCTION 1.69% PROPERTY 0.71% LONDON 1.69% COMMUNITY 0.71% MEDIA 1.69% TRUST 0.67% GLOBAL 1.59% DESIGN 0.64% J 1.57% ENGINEERING 0.64% INVESTMENTS 1.46% KERNOW 0.64% IT 1.43% CARE 0.64% CARE 1.39% CIC 0.60% PROPERTIES 1.34% (SW) 0.57% M 1.26% FARM 0.57% BUILDING 1.23% J 0.57% ENTERPRISES 1.21% ASSOCIATES 0.54% TRAINING 1.18% (CORNWALL) 0.54% ELECTRICAL 1.17% PROPERTIES 0.54% SECURITY 1.17%
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 865 236,139 99999 - Dormant Company 168 40,648 74909 - Other professional, scientific and technical activities not elsewhere classified 164 15,572 82990 - Other business support service activities not elsewhere classified 125 52,427 70229 - Management consultancy activities other than financial management 78 30,396 41100 - Development of building projects 64 7,980 96090 - Other service activities not elsewhere classified 61 22,058 56101 - Licensed restaurants 57 6,400 41202 - Construction of domestic buildings 57 4,882 62020 - Information technology consultancy activities 51 23,256 74990 - Non-trading company 49 13,808 86900 - Other human health activities 48 7,866 43210 - Electrical installation 39 5,304 62090 - Other information technology service activities 39 12,291 7487 - Other business activities 38 10,703 43999 - Other specialised construction activities not elsewhere classified 37 6,419 62012 - Business and domestic software development 35 7,446 98000 - Residents property management 35 4,377 47910 - Retail sale via mail order houses or via Internet 34 6,307 56302 - Public houses and bars 34 4,543
Recent Companies
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Randomly selected companies from this quarter
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