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
New Company Registrations
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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.
Year Cornwall UK 2013 2,216 529,363 2012 2,142 491,893 2011 2,070 452,870 2010 1,786 400,358 2009 1,638 362,675 Record Year 2013 (2,216) 2013 (529,363) New Companies by Year
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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) Cornwall UK 2013 1,042 259,931 2012 1,031 238,743 % change 1.1% 8.9% Record Year 2013 (1,042) 2013 (259,931) New Companies by Half Year
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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) Cornwall UK 2013 520 127,247 2012 522 119,875 % change -0.4% 6.1% Record Year 2012 (522) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 211 163 146 New companies in 2012 220 186 116 % change -4.1% -12.4% 25.9% Record Year 2012 (220) 2012 (186) 2003 (156)
Closed Companies (dissolved)
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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.
Year Cornwall UK 2013 1,284 332,213 2012 1,150 293,729 2011 1,255 314,524 2010 1,259 342,233 2009 1,604 533,789 Record Year 2009 (1,604) 2009 (533,789) Dissolved Companies by Year
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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) Cornwall UK 2013 664 177,021 2012 542 145,935 % change 22.5% 21.3% Record Year 2009 (750) 2009 (244,544) Dissolved Companies by Half Year
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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) Cornwall UK 2013 325 90,851 2012 250 70,027 % change 30.0% 29.7% Record Year 2009 (341) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2013 122 92 111 Closed companies in 2012 100 102 48 % change 22.0% -9.8% 131% Record Year 2013 (122) 2011 (128) 2009 (134)
Net Company Growth
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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.
Year Cornwall UK 2013 932 197,150 2012 992 198,164 2011 815 138,346 2010 527 58,125 2009 34 -171,114 Record Year 2012 (992) 2007 (237,353) Net Growth by Year
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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) Cornwall UK 2013 378 82,910 2012 489 92,808 Record Year 2003 (675) 2003 (117,772) Net Growth by Half Year
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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) Cornwall UK 2013 195 36,396 2012 272 49,848 Record Year 2012 (272) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 89 71 35 Net growth in 2012 120 84 68 Record Year 2003 (137) 2002 (110) 2002 (99)
UK Company Share
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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.
Year Cornwall 2013 0.4% 2012 0.4% 2011 0.5% 2010 0.4% 2009 0.5% Record Year (since 1960) 2003 (0.6%) Company Share by Year
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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 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% 2009 0.4% Record Year (since 1960) 2002 (0.6%) Company Share by Half Year
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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 2013 0.4% 2012 0.4% 2011 0.5% 2010 0.4% 2009 0.4% Record Year (since 1960) 2002 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.4% 0.4% 0.4% UK formation share in 2012 0.5% 0.4% 0.4% % change -10.8% -13.9% 14.4% Record Year 2003 (0.5%) 2002 (0.6%) 2003 (0.6%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.62% CONSULTING 5.22% MANAGEMENT 1.34% MANAGEMENT 4.72% WEST 1.08% CONSULTANCY 3.45% SPV 1.05% PROPERTY 2.59% KS 1.05% TRADING 2.08% CONSTRUCTION 1.02% ENGINEERING 1.87% (CORNWALL) 0.98% LONDON 1.86% DEVELOPMENTS 0.98% DESIGN 1.76% CONSULTING 0.95% CONSTRUCTION 1.73% PROPERTY 0.92% CARE 1.73% CORNISH 0.92% BUSINESS 1.71% ENERGY 0.92% CONSULTANTS 1.68% PEP 0.85% GLOBAL 1.58% CONSULTANCY 0.79% INVESTMENTS 1.56% ST 0.79% PROPERTIES 1.54% SOUTH 0.72% ASSOCIATES 1.53% KERNOW 0.72% J 1.51% TRADING 0.66% MEDIA 1.50% VARSITY 0.62% IT 1.35% MARINE 0.62% DEVELOPMENTS 1.23% BARS 0.62% M 1.23% (SW) 0.62% BUILDING 1.21% COMMUNITY 0.62% ELECTRICAL 1.20% HOUSE 0.59% CAPITAL 1.19% J 0.56% ENERGY 1.14%
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 924 266,814 99999 - Dormant Company 207 46,762 74909 - Other professional, scientific and technical activities not elsewhere classified 171 18,034 70229 - Management consultancy activities other than financial management 107 36,164 82990 - Other business support service activities not elsewhere classified 102 55,342 41100 - Development of building projects 77 9,485 96090 - Other service activities not elsewhere classified 73 26,001 41202 - Construction of domestic buildings 65 6,191 35110 - Production of electricity 65 2,102 62020 - Information technology consultancy activities 59 27,183 56101 - Licensed restaurants 54 7,685 86900 - Other human health activities 54 9,543 43999 - Other specialised construction activities not elsewhere classified 47 7,823 74990 - Non-trading company 44 14,223 47910 - Retail sale via mail order houses or via Internet 39 8,879 43220 - Plumbing, heat and air-conditioning installation 39 4,687 56302 - Public houses and bars 39 5,503 68209 - Other letting and operating of own or leased real estate 39 8,733 43210 - Electrical installation 38 5,730 85200 - Primary education 38 1,213
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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