Cornwall

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Cornwall when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Cornwall when compared to any quarter in history.
  • Q1 2014 saw a new record in company registrations in Cornwall when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Cornwall when compared to any quarter in history.
  • Q1 2014 saw a new record in company registrations in Cornwall when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Cornwall when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Cornwall when compared to any previous February.
  • February 2014 saw a new record in company registrations in Cornwall when compared to any previous February.
  • February 2014 saw a new record in company registrations in Cornwall when compared to any previous February.
  • February 2014 saw a new record in company closures in Cornwall when compared to any previous February.
  • February 2014 saw a new record in company closures in Cornwall when compared to any previous February.
  • February 2014 saw a new record in company closures in Cornwall when compared to any previous February.

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 (Q1 Jan-Mar 2014)

    Q1 2014 saw a new record in company registrations in Cornwall when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Cornwall when compared to any quarter in history.

    Q1 2014 saw a new record in company registrations in Cornwall when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Cornwall when compared to any quarter in history.

    Q1 2014 saw a new record in company registrations in Cornwall when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Cornwall when compared to any quarter in history.

    A total of 634 companies were registered in Cornwall during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 6.2% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CornwallUK
    2014634150,722
    2013597134,802
    % change6.2%11.8%
    Record Year 2014 (634) 2007 (166,814)
    New Companies by Quarter

    A total of 634 companies were registered in Cornwall during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 6.2% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CornwallUK
    2014634150,722
    2013597134,802
    % change6.2%11.8%
    Record Year 2014 (634) 2007 (166,814)
    New Companies by Quarter

    A total of 634 companies were registered in Cornwall during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 6.2% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CornwallUK
    2014634150,722
    2013597134,802
    % change6.2%11.8%
    Record Year 2014 (634) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Cornwall when compared to any previous February.

    February 2014 saw a new record in company registrations in Cornwall when compared to any previous February.

    February 2014 saw a new record in company registrations in Cornwall when compared to any previous February.

    New Companies by Month
    New Companies by Month
    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014182204248
    New companies in 2013192194211
    % change-5.2%5.2%17.5%
    Record Year2013 (192)2014 (204)2003 (262)
    JanuaryFebruaryMarch
    New companies in 2014182204248
    New companies in 2013192194211
    % change-5.2%5.2%17.5%
    Record Year2013 (192)2014 (204)2003 (262)
    JanuaryFebruaryMarch
    New companies in 2014182204248
    New companies in 2013192194211
    % change-5.2%5.2%17.5%
    Record Year2013 (192)2014 (204)2003 (262)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 348 companies were dissolved in Cornwall during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 16.4% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CornwallUK
    201434882,370
    201329977,914
    % change16.4%5.7%
    Record Year 2014 (348) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 348 companies were dissolved in Cornwall during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 16.4% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CornwallUK
    201434882,370
    201329977,914
    % change16.4%5.7%
    Record Year 2014 (348) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 348 companies were dissolved in Cornwall during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 16.4% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CornwallUK
    201434882,370
    201329977,914
    % change16.4%5.7%
    Record Year 2014 (348) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Cornwall when compared to any previous February.

    February 2014 saw a new record in company closures in Cornwall when compared to any previous February.

    February 2014 saw a new record in company closures in Cornwall when compared to any previous February.

    Dissolved Companies by Month
    Dissolved Companies by Month
    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201498125125
    Closed companies in 20131158599
    % change-14.8%47.1%26%
    Record Year2011 (132)2014 (125)2009 (224)
    JanuaryFebruaryMarch
    Closed companies in 201498125125
    Closed companies in 20131158599
    % change-14.8%47.1%26%
    Record Year2011 (132)2014 (125)2009 (224)
    JanuaryFebruaryMarch
    Closed companies in 201498125125
    Closed companies in 20131158599
    % change-14.8%47.1%26%
    Record Year2011 (132)2014 (125)2009 (224)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Cornwall during the first quarter of 2014 (Jan 2014 - Mar 2014) was 286 companies.

    first quarter (Jan 2014 - Mar 2014)CornwallUK
    201428668,352
    201329856,888
    Record Year 2007 (368) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Cornwall during the first quarter of 2014 (Jan 2014 - Mar 2014) was 286 companies.

    first quarter (Jan 2014 - Mar 2014)CornwallUK
    201428668,352
    201329856,888
    Record Year 2007 (368) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Cornwall during the first quarter of 2014 (Jan 2014 - Mar 2014) was 286 companies.

    first quarter (Jan 2014 - Mar 2014)CornwallUK
    201428668,352
    201329856,888
    Record Year 2007 (368) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    Net Growth by Month
    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20148479123
    Net growth in 201377109112
    Record Year2007 (102)2003 (139)2003 (207)
    JanuaryFebruaryMarch
    Net growth in 20148479123
    Net growth in 201377109112
    Record Year2007 (102)2003 (139)2003 (207)
    JanuaryFebruaryMarch
    Net growth in 20148479123
    Net growth in 201377109112
    Record Year2007 (102)2003 (139)2003 (207)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Cornwall formed 0.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Cornwall
    20140.4%
    20130.4%
    20120.4%
    20110.5%
    20100.5%
    Record Year (since 1960) 2003 (0.6%)
    Company Share by Quarter

    In the first quarter of 2014, Cornwall formed 0.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Cornwall
    20140.4%
    20130.4%
    20120.4%
    20110.5%
    20100.5%
    Record Year (since 1960) 2003 (0.6%)
    Company Share by Quarter

    In the first quarter of 2014, Cornwall formed 0.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Cornwall
    20140.4%
    20130.4%
    20120.4%
    20110.5%
    20100.5%
    Record Year (since 1960) 2003 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    Company Share by Month
    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.5%
    % change-11.3%-2.9%-1.9%
    Record Year2004 (0.5%)2003 (0.6%)2003 (0.7%)
    JanuaryFebruaryMarch
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.5%
    % change-11.3%-2.9%-1.9%
    Record Year2004 (0.5%)2003 (0.6%)2003 (0.7%)
    JanuaryFebruaryMarch
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.5%
    % change-11.3%-2.9%-1.9%
    Record Year2004 (0.5%)2003 (0.6%)2003 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 46.5.

    The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.5%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2014 was 46.5.

    The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.5%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2014 was 46.5.

    The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Cornwall was in 2005 when 38.0% of all directors were female.

    29.4% of all director appointments in Cornwall in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

    The record first quarter for female directors in Cornwall was in 2005 when 38.0% of all directors were female.

    29.4% of all director appointments in Cornwall in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

    The record first quarter for female directors in Cornwall was in 2005 when 38.0% of all directors were female.

    29.4% of all director appointments in Cornwall in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    CORNWALL2.72%CONSULTING5.22%
    MANAGEMENT1.68%MANAGEMENT4.67%
    WEST1.10%CONSULTANCY3.49%
    PEP1.07%PROPERTY2.64%
    DEVELOPMENTS0.97%TRADING2.05%
    CONSULTING0.97%LONDON1.88%
    PROPERTY0.97%ENGINEERING1.86%
    KERNOW0.97%CARE1.79%
    CONSTRUCTION0.94%CONSTRUCTION1.75%
    (CORNWALL)0.91%DESIGN1.75%
    CORNISH0.87%CONSULTANTS1.73%
    SOUTH0.84%BUSINESS1.71%
    CONSULTANCY0.78%PROPERTIES1.60%
    ST0.74%INVESTMENTS1.60%
    ENERGY0.74%GLOBAL1.58%
    J0.68%J1.48%
    (SW)0.68%ASSOCIATES1.48%
    SPV0.65%MEDIA1.48%
    DESIGN0.65%IT1.33%
    ELECTRICAL0.65%TRANSPORT1.30%
    PARITY0.65%DEVELOPMENTS1.29%
    BARS0.65%BUILDING1.24%
    KS0.65%M1.21%
    TRADING0.61%CAPITAL1.20%
    S0.61%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    CORNWALL2.75%CONSULTING5.23%
    MANAGEMENT1.75%MANAGEMENT4.69%
    WEST1.13%CONSULTANCY3.49%
    PEP1.07%PROPERTY2.64%
    KERNOW1.00%TRADING2.05%
    PROPERTY0.97%LONDON1.90%
    CONSTRUCTION0.97%ENGINEERING1.87%
    DEVELOPMENTS0.97%CARE1.80%
    CONSULTING0.94%CONSTRUCTION1.76%
    (CORNWALL)0.91%DESIGN1.75%
    SOUTH0.87%CONSULTANTS1.73%
    CORNISH0.87%BUSINESS1.71%
    CONSULTANCY0.78%PROPERTIES1.60%
    ST0.75%INVESTMENTS1.60%
    ENERGY0.71%GLOBAL1.59%
    J0.68%MEDIA1.49%
    (SW)0.68%J1.49%
    DESIGN0.65%ASSOCIATES1.48%
    PARITY0.65%IT1.34%
    SPV0.65%TRANSPORT1.30%
    KS0.65%DEVELOPMENTS1.29%
    ELECTRICAL0.65%BUILDING1.24%
    BARS0.65%CAPITAL1.21%
    TRADING0.62%M1.21%
    S0.62%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    CORNWALL2.79%CONSULTING5.23%
    MANAGEMENT1.75%MANAGEMENT4.69%
    WEST1.14%CONSULTANCY3.49%
    PEP1.07%PROPERTY2.64%
    KERNOW1.04%TRADING2.04%
    PROPERTY1.01%LONDON1.90%
    DEVELOPMENTS0.97%ENGINEERING1.87%
    CONSTRUCTION0.97%CARE1.80%
    CONSULTING0.94%CONSTRUCTION1.77%
    (CORNWALL)0.91%DESIGN1.75%
    SOUTH0.88%CONSULTANTS1.73%
    CORNISH0.88%BUSINESS1.71%
    CONSULTANCY0.78%PROPERTIES1.60%
    ST0.75%INVESTMENTS1.59%
    ENERGY0.71%GLOBAL1.59%
    (SW)0.68%MEDIA1.49%
    J0.68%J1.48%
    DESIGN0.65%ASSOCIATES1.48%
    SPV0.65%IT1.34%
    ELECTRICAL0.65%TRANSPORT1.30%
    KS0.65%DEVELOPMENTS1.29%
    BARS0.65%BUILDING1.24%
    PARITY0.65%CAPITAL1.21%
    S0.62%M1.20%
    TRADING0.62%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,017280,210
    99999 - Dormant Company21647,084
    74909 - Other professional, scientific and technical activities not elsewhere classified16318,491
    70229 - Management consultancy activities other than financial management11137,882
    82990 - Other business support service activities not elsewhere classified10356,411
    35110 - Production of electricity792,161
    41100 - Development of building projects769,855
    41202 - Construction of domestic buildings716,559
    96090 - Other service activities not elsewhere classified6326,700
    86900 - Other human health activities5710,273
    56101 - Licensed restaurants567,965
    62020 - Information technology consultancy activities5527,750
    43999 - Other specialised construction activities not elsewhere classified478,155
    68209 - Other letting and operating of own or leased real estate429,284
    74990 - Non-trading company4114,135
    47910 - Retail sale via mail order houses or via Internet419,358
    43220 - Plumbing, heat and air-conditioning installation394,866
    56302 - Public houses and bars395,732
    43210 - Electrical installation385,885
    62090 - Other information technology service activities3712,813
    sic codenumber of companiesuk companies
    None Supplied907254,725
    99999 - Dormant Company21648,100
    74909 - Other professional, scientific and technical activities not elsewhere classified16119,018
    70229 - Management consultancy activities other than financial management11439,157
    82990 - Other business support service activities not elsewhere classified10257,654
    35110 - Production of electricity942,277
    41100 - Development of building projects7510,295
    41202 - Construction of domestic buildings746,890
    86900 - Other human health activities6110,681
    96090 - Other service activities not elsewhere classified6027,652
    56101 - Licensed restaurants578,352
    62020 - Information technology consultancy activities5628,692
    68209 - Other letting and operating of own or leased real estate489,713
    74990 - Non-trading company4814,336
    43999 - Other specialised construction activities not elsewhere classified488,495
    47910 - Retail sale via mail order houses or via Internet449,673
    43220 - Plumbing, heat and air-conditioning installation415,062
    56302 - Public houses and bars406,008
    62090 - Other information technology service activities3913,149
    43210 - Electrical installation386,100
    sic codenumber of companiesuk companies
    None Supplied906254,441
    99999 - Dormant Company21547,692
    74909 - Other professional, scientific and technical activities not elsewhere classified16018,956
    70229 - Management consultancy activities other than financial management11239,242
    82990 - Other business support service activities not elsewhere classified10357,543
    35110 - Production of electricity932,292
    41100 - Development of building projects7510,399
    41202 - Construction of domestic buildings746,917
    86900 - Other human health activities6110,715
    96090 - Other service activities not elsewhere classified6027,543
    56101 - Licensed restaurants578,390
    62020 - Information technology consultancy activities5728,770
    43999 - Other specialised construction activities not elsewhere classified498,503
    68209 - Other letting and operating of own or leased real estate489,832
    74990 - Non-trading company4714,142
    47910 - Retail sale via mail order houses or via Internet449,695
    43220 - Plumbing, heat and air-conditioning installation425,079
    56302 - Public houses and bars406,009
    62090 - Other information technology service activities4013,145
    43210 - Electrical installation386,124

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08917439 NEIL HEARD ELECTRICAL LTD 28 Feb 2014
    08895545 CENTRAL TRADING LTD 14 Feb 2014
    08875219 DJB CONSULTANTS LTD 04 Feb 2014
    08880855 GET ON LIMITED 06 Feb 2014
    08873283 WARNER LOGISTICS LIMITED 03 Feb 2014
    08877357 LEGION OF FIRST AIDERS C.I.C. 05 Feb 2014
    08884629 K.J.ELECTRICAL SERVICES (SW) LTD 10 Feb 2014
    08897542 DEFINE KITCHENS, BATHROOMS AND BEDROOMS LTD 17 Feb 2014
    08908536 SO PRINTING LIMITED 24 Feb 2014
    08914974 ACTIV8 (LAUNCESTON) LIMITED 27 Feb 2014
    08872500 THE SLK SHOP LIMITED 03 Feb 2014
    08897482 VIZLIVE LIMITED 17 Feb 2014
    08905848 SWBG PLUMBING AND HEATING LIMITED 21 Feb 2014
    08907821 PLANNING WITH PEOPLE LTD 24 Feb 2014
    08887241 ALUMINOX ARCHITECTURAL SOLUTIONS LTD 11 Feb 2014
    08903785 PARITY BARS (BARNES) LIMITED 20 Feb 2014
    08893726 THE RACEHORSE INN LIMITED 13 Feb 2014
    08909960 CORNWALL ZORBING PARK LTD 25 Feb 2014
    08883228 TREKEEK LIMITED 10 Feb 2014
    08880148 EUROCLEAN SERVICES (SW) LTD 06 Feb 2014
    08880841 TRURO & PENWITH ACADEMY TRUST 06 Feb 2014
    08881771 JOHN BOYLE SOLICITORS LIMITED 07 Feb 2014
    08882985 GBEB LTD 10 Feb 2014
    08882995 GBOL LTD 10 Feb 2014
    08893703 WOODWAY ROOFING CONTRACTORS LIMITED 13 Feb 2014