Cornwall

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • The second half of 2013 saw a new record in company registrations in Cornwall when compared to any previous second half year.
  • October 2013 saw a new record in company closures 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 (2013)

    A total of 2,216 companies were formed in Cornwall in 2013. This total is 3.5% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearCornwallUK
    20132,216529,363
    20122,142491,893
    20112,070452,870
    20101,786400,358
    20091,638362,675
    Record Year2013 (2,216)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Cornwall when compared to any previous second half year.

    In the second half of 2013 a total of 1,042 companies were formed in Cornwall. This figure is 1.1% higher than last year, which compares badly to the UK wide figure of 8.9%.

    The highest total for a second half year in Cornwall occurred in 2013 when a total of 1,042 were formed.

    Half Year (Jul-Dec)CornwallUK
    20131,042259,931
    20121,031238,743
    % change1.1%8.9%
    Record Year2013 (1,042)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 520 companies were registered in Cornwall during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is a decrease of 0.4% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)CornwallUK
    2013520127,247
    2012522119,875
    % change-0.4%6.1%
    Record Year 2012 (522) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013211163146
    New companies in 2012220186116
    % change-4.1%-12.4%25.9%
    Record Year2012 (220)2012 (186)2003 (156)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 1,284 companies were dissolved in Cornwall in 2013. This total is 11.7% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearCornwallUK
    20131,284332,213
    20121,150293,729
    20111,255314,524
    20101,259342,233
    20091,604533,789
    Record Year2009 (1,604)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 664 companies were dissolved in Cornwall. This figure is 22.5% higher than last year, which compares badly to the UK wide change of 21.3%.

    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
    2013664177,021
    2012542145,935
    % change22.5%21.3%
    Record Year2009 (750)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 325 companies were dissolved in Cornwall during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 30.0% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)CornwallUK
    201332590,851
    201225070,027
    % change30.0%29.7%
    Record Year 2009 (341) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    October 2013 saw a new record in company closures in Cornwall when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201312292111
    Closed companies in 201210010248
    % change22.0%-9.8%131%
    Record Year2013 (122)2011 (128)2009 (134)

Net Company Growth

  1. Annual Data (2013)

    A total of 932 companies were added to the company register for Cornwall in 2013. This number represents growth of 42.1% in the total number of active companies, which compares favourably to the UK figure of 37.2%.

    This number is 60 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Cornwall company register grew by 992 companies.

    YearCornwallUK
    2013932197,150
    2012992198,164
    2011815138,346
    201052758,125
    200934-171,114
    Record Year2012 (992)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Cornwall increased by 378 companies.

    Half Year (Jul-Dec)CornwallUK
    201337882,910
    201248992,808
    Record Year2003 (675)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Cornwall during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 195 companies.

    fourth quarter (Oct 2013 - Dec 2013)CornwallUK
    201319536,396
    201227249,848
    Record Year 2012 (272) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013897135
    Net growth in 20121208468
    Record Year2003 (137)2002 (110)2002 (99)

UK Company Share

  1. Annual Data (2013)

    In 2013 Cornwall formed 0.4% of all UK companies. This is no change on 2012 when Cornwall was responsible for 0.4% of all UK companies.

    YearCornwall
    20130.4%
    20120.4%
    20110.5%
    20100.4%
    20090.5%
    Record Year (since 1960)2003 (0.6%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Cornwall formed 0.4% of all UK companies. This is the same as the 2012 figure of 0.4%.

    Half Year (Jul-Dec)Cornwall
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    20090.4%
    Record Year (since 1960) 2002 (0.6%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Cornwall formed 0.4% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Cornwall
    20130.4%
    20120.4%
    20110.5%
    20100.4%
    20090.4%
    Record Year (since 1960) 2002 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.4%0.4%0.4%
    UK formation share in 20120.5%0.4%0.4%
    % change-10.8%-13.9%14.4%
    Record Year2003 (0.5%)2002 (0.6%)2003 (0.6%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 46.2.

    The percentage of directors under the age of 25 was 6.4% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 46.0.

    The percentage of directors under the age of 25 was 6.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 46.6.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Cornwall was 1991 when 37.8% of all directors were female.

    The percentage of female directors in Cornwall in 2013 was 31.2%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Cornwall was 2004 when 37.5% of all directors were female.

    32.0% of all director appointments in Cornwall in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Cornwall was in 2004 when 38.2% of all directors were female.

    31.4% of all director appointments in Cornwall in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    CORNWALL2.62%CONSULTING5.22%
    MANAGEMENT1.34%MANAGEMENT4.72%
    WEST1.08%CONSULTANCY3.45%
    SPV1.05%PROPERTY2.59%
    KS1.05%TRADING2.08%
    CONSTRUCTION1.02%ENGINEERING1.87%
    (CORNWALL)0.98%LONDON1.86%
    DEVELOPMENTS0.98%DESIGN1.76%
    CONSULTING0.95%CONSTRUCTION1.73%
    PROPERTY0.92%CARE1.73%
    CORNISH0.92%BUSINESS1.71%
    ENERGY0.92%CONSULTANTS1.68%
    PEP0.85%GLOBAL1.58%
    CONSULTANCY0.79%INVESTMENTS1.56%
    ST0.79%PROPERTIES1.54%
    SOUTH0.72%ASSOCIATES1.53%
    KERNOW0.72%J1.51%
    TRADING0.66%MEDIA1.50%
    VARSITY0.62%IT1.35%
    MARINE0.62%DEVELOPMENTS1.23%
    BARS0.62%M1.23%
    (SW)0.62%BUILDING1.21%
    COMMUNITY0.62%ELECTRICAL1.20%
    HOUSE0.59%CAPITAL1.19%
    J0.56%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied924266,814
    99999 - Dormant Company20746,762
    74909 - Other professional, scientific and technical activities not elsewhere classified17118,034
    70229 - Management consultancy activities other than financial management10736,164
    82990 - Other business support service activities not elsewhere classified10255,342
    41100 - Development of building projects779,485
    96090 - Other service activities not elsewhere classified7326,001
    41202 - Construction of domestic buildings656,191
    35110 - Production of electricity652,102
    62020 - Information technology consultancy activities5927,183
    56101 - Licensed restaurants547,685
    86900 - Other human health activities549,543
    43999 - Other specialised construction activities not elsewhere classified477,823
    74990 - Non-trading company4414,223
    47910 - Retail sale via mail order houses or via Internet398,879
    43220 - Plumbing, heat and air-conditioning installation394,687
    56302 - Public houses and bars395,503
    68209 - Other letting and operating of own or leased real estate398,733
    43210 - Electrical installation385,730
    85200 - Primary education381,213

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08778029 SINDEN SOLUTIONS LIMITED 15 Nov 2013
    08796592 SWIFT SAILS LTD 29 Nov 2013
    08758694 CLASSIC CAR RESTORATION CLUB 01 Nov 2013
    08770929 STARTING POINT SUPPORT SERVICES LTD. 12 Nov 2013
    08781531 ILEAS LIMITED 19 Nov 2013
    08793200 WOOD ROW PARK LIMITED 27 Nov 2013
    08794814 PENGELLY GARAGE (SW) LIMITED 28 Nov 2013
    08785858 HA PROFESSIONAL SERVICES LIMITED 21 Nov 2013
    08775256 BLABLE LTD 14 Nov 2013
    08762474 SUBSIDUARY LIMITED 05 Nov 2013
    08765226 ZINET DATA SOLUTIONS LIMITED 07 Nov 2013
    08782622 PRIME PROPERTY MANAGEMENT (SW) LIMITED 19 Nov 2013
    08775462 DEVON & CORNWALL HOLDINGS LTD 14 Nov 2013
    08760816 STICK & RUDDER FILMS LIMITED 04 Nov 2013
    08765949 BAKERY NO 46 LIMITED 07 Nov 2013
    08767434 L&H LOCAL LIMITED 08 Nov 2013
    08767766 NEWBURNE MUNN LIMITED 08 Nov 2013
    08783157 C I S (UK) LTD 20 Nov 2013
    08787950 OCTOPUS (FALMOUTH) LIMITED 25 Nov 2013
    08796661 PORT NAVAS YACHT CLUB LIMITED 29 Nov 2013
    08758311 KERNOW ESCARGOTS LTD 01 Nov 2013
    08763874 ORCA SURF 06 Nov 2013
    08764467 P & R EVENTS LIMITED 06 Nov 2013
    08774482 GERRYSMAGIC LIMITED 14 Nov 2013
    08775216 LOVE SHACK LTD 14 Nov 2013