Cornwall

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Cornwall when compared to any previous first half year.
  • The first half of 2014 saw a new record in company registrations in Cornwall when compared to any previous first half year.
  • May 2014 saw a new record in company registrations in Cornwall when compared to any previous May.
  • May 2014 saw a new record in company registrations in Cornwall when compared to any previous May.
  • June 2014 saw a new record in company closures in Cornwall when compared to any previous June.
  • June 2014 saw a new record in company closures in Cornwall when compared to any previous June.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Cornwall when compared to any previous first half year.

    The first half of 2014 saw a new record in company registrations in Cornwall when compared to any previous first half year.

    In the first half of 2014 a total of 1,212 companies were formed in Cornwall. This figure is 3.2% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Cornwall occurred in 2003 when a total of 1,212 were formed.

    Half Year (Jan-Jun)CornwallUK
    20141,212300,731
    20131,174269,432
    % change3.2%11.6%
    Record Year2003 (1,212)2014 (300,731)

    In the first half of 2014 a total of 1,212 companies were formed in Cornwall. This figure is 3.2% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Cornwall occurred in 2003 when a total of 1,212 were formed.

    Half Year (Jan-Jun)CornwallUK
    20141,212300,731
    20131,174269,432
    % change3.2%11.6%
    Record Year2003 (1,212)2014 (300,731)
    New Companies by Half Year
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 578 companies were registered in Cornwall during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 0.2% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)CornwallUK
    2014578150,009
    2013577134,630
    % change0.2%11.4%
    Record Year 2014 (578) 2014 (150,009)
    New Companies by Quarter

    A total of 578 companies were registered in Cornwall during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 0.2% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)CornwallUK
    2014578150,009
    2013577134,630
    % change0.2%11.4%
    Record Year 2014 (578) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

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

    New Companies by Month
    New Companies by Month
    AprilMayJune
    New companies in 2014210201167
    New companies in 2013208187182
    % change1.0%7.5%-8.2%
    Record Year2003 (234)2003 (201)2003 (186)
    AprilMayJune
    New companies in 2014210201167
    New companies in 2013208187182
    % change1.0%7.5%-8.2%
    Record Year2003 (234)2003 (201)2003 (186)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 771 companies were dissolved in Cornwall. This figure is 24.4% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Cornwall occurred in 2009 when a total of 854 were closed.

    Half Year (Jan-Jun)CornwallUK
    2014771177,207
    2013620155,192
    % change24.4%14.2%
    Record Year2009 (854)2009 (289,245)

    In the first half of 2014 a total of 771 companies were dissolved in Cornwall. This figure is 24.4% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Cornwall occurred in 2009 when a total of 854 were closed.

    Half Year (Jan-Jun)CornwallUK
    2014771177,207
    2013620155,192
    % change24.4%14.2%
    Record Year2009 (854)2009 (289,245)
    Dissolved Companies by Half Year
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 423 companies were dissolved in Cornwall during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 31.8% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)CornwallUK
    201442394,837
    201332177,278
    % change31.8%22.7%
    Record Year 2009 (511) 2009 (181,179)
    Dissolved Companies by Quarter

    A total of 423 companies were dissolved in Cornwall during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 31.8% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)CornwallUK
    201442394,837
    201332177,278
    % change31.8%22.7%
    Record Year 2009 (511) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

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

    Dissolved Companies by Month
    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201479158186
    Closed companies in 2013115102104
    % change-31.3%54.9%79%
    Record Year2009 (116)2009 (259)2014 (186)
    AprilMayJune
    Closed companies in 201479158186
    Closed companies in 2013115102104
    % change-31.3%54.9%79%
    Record Year2009 (116)2009 (259)2014 (186)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Cornwall increased by 441 companies.

    Half Year (Jan-Jun)CornwallUK
    2014441123,524
    2013554114,240
    Record Year2003 (929)2007 (171,296)

    In the first half of 2014 the company register for Cornwall increased by 441 companies.

    Half Year (Jan-Jun)CornwallUK
    2014441123,524
    2013554114,240
    Record Year2003 (929)2007 (171,296)
    Net Growth by Half Year
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Cornwall during the second quarter of 2014 (Apr 2014 - Jun 2014) was 155 companies.

    second quarter (Apr 2014 - Jun 2014)CornwallUK
    201415555,172
    201325657,352
    Record Year 2013 (256) 2007 (60,014)
    Net Growth by Quarter

    Net company growth for Cornwall during the second quarter of 2014 (Apr 2014 - Jun 2014) was 155 companies.

    second quarter (Apr 2014 - Jun 2014)CornwallUK
    201415555,172
    201325657,352
    Record Year 2013 (256) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    Net Growth by Month
    AprilMayJune
    Net growth in 201413143-19
    Net growth in 2013938578
    Record Year2003 (189)2003 (162)2003 (132)
    AprilMayJune
    Net growth in 201413143-19
    Net growth in 2013938578
    Record Year2003 (189)2003 (162)2003 (132)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Cornwall formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.

    Half Year (Jan-Jun)Cornwall
    20140.4%
    20130.4%
    20120.4%
    20110.5%
    20100.5%
    Record Year (since 1960) 2003 (0.6%)
    Company Share by Half Year

    In the first half of 2014 Cornwall formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.

    Half Year (Jan-Jun)Cornwall
    20140.4%
    20130.4%
    20120.4%
    20110.5%
    20100.5%
    Record Year (since 1960) 2003 (0.6%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Cornwall
    20140.4%
    20130.4%
    20120.4%
    20110.5%
    20100.4%
    Record Year (since 1960) 2003 (0.6%)
    Company Share by Quarter

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

    second quarter (Apr 2014 - Jun 2014)Cornwall
    20140.4%
    20130.4%
    20120.4%
    20110.5%
    20100.4%
    Record Year (since 1960) 2003 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    Company Share by Month
    AprilMayJune
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change-9.0%-0.8%-20.5%
    Record Year2003 (0.7%)2003 (0.6%)1992 (0.5%)
    AprilMayJune
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change-9.0%-0.8%-20.5%
    Record Year2003 (0.7%)2003 (0.6%)1992 (0.5%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 46.4.

    The percentage of directors under the age of 25 was 6.4% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.5%.

    Director Age by Half Year

    The average age of a director in the first half of 2014 was 46.4.

    The percentage of directors under the age of 25 was 6.4% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 46.2.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

    The average age of a director in the second quarter of 2014 was 46.2.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Cornwall was 2005 when 38.2% of all directors were female.

    29.5% of all director appointments in Cornwall in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year

    The record first half year for female directors in Cornwall was 2005 when 38.2% of all directors were female.

    29.5% of all director appointments in Cornwall in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Cornwall was in 2005 when 38.4% of all directors were female.

    29.7% of all director appointments in Cornwall in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

    The record second quarter for female directors in Cornwall was in 2005 when 38.4% of all directors were female.

    29.7% of all director appointments in Cornwall in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CORNWALL2.74%CONSULTING5.16%
    MANAGEMENT1.76%MANAGEMENT4.64%
    PROPERTY1.24%CONSULTANCY3.50%
    KERNOW1.21%PROPERTY2.66%
    WEST1.14%TRADING2.03%
    CONSTRUCTION1.08%ENGINEERING1.99%
    J0.98%CONSTRUCTION1.93%
    DEVELOPMENTS0.88%LONDON1.93%
    CONSULTING0.88%CARE1.85%
    SOUTH0.85%DESIGN1.75%
    BARS0.85%CONSULTANTS1.73%
    ENGINEERING0.82%BUSINESS1.69%
    CORNISH0.82%PROPERTIES1.63%
    PARITY0.82%TRANSPORT1.58%
    CONSULTANCY0.78%GLOBAL1.55%
    DESIGN0.75%INVESTMENTS1.55%
    (CORNWALL)0.75%J1.51%
    ELECTRICAL0.72%ASSOCIATES1.48%
    (SW)0.69%MEDIA1.44%
    ST0.69%ELECTRICAL1.40%
    SPV0.65%IT1.33%
    KS0.65%DEVELOPMENTS1.33%
    PEP0.65%BUILDING1.26%
    ENERGY0.62%M1.24%
    R0.59%CO.,1.20%
    wordpercentageuk worduk percentage
    CORNWALL2.77%CONSULTING5.16%
    MANAGEMENT1.76%MANAGEMENT4.64%
    PROPERTY1.27%CONSULTANCY3.49%
    KERNOW1.24%PROPERTY2.66%
    WEST1.14%TRADING2.03%
    CONSTRUCTION1.08%ENGINEERING1.99%
    J0.98%LONDON1.93%
    CONSULTING0.88%CONSTRUCTION1.93%
    DEVELOPMENTS0.85%CARE1.85%
    SOUTH0.85%DESIGN1.75%
    BARS0.85%CONSULTANTS1.73%
    ENGINEERING0.81%BUSINESS1.69%
    PARITY0.81%PROPERTIES1.63%
    CORNISH0.81%TRANSPORT1.58%
    CONSULTANCY0.78%GLOBAL1.55%
    (CORNWALL)0.75%INVESTMENTS1.55%
    DESIGN0.72%J1.50%
    ST0.72%ASSOCIATES1.48%
    ELECTRICAL0.72%MEDIA1.44%
    (SW)0.68%ELECTRICAL1.40%
    PEP0.65%IT1.33%
    KS0.65%DEVELOPMENTS1.33%
    SPV0.65%BUILDING1.26%
    ENERGY0.62%M1.23%
    C0.59%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied917261,557
    99999 - Dormant Company22648,436
    74909 - Other professional, scientific and technical activities not elsewhere classified14219,058
    35110 - Production of electricity1292,396
    70229 - Management consultancy activities other than financial management11840,250
    82990 - Other business support service activities not elsewhere classified8857,421
    41100 - Development of building projects8110,527
    41202 - Construction of domestic buildings797,053
    86900 - Other human health activities6911,292
    96090 - Other service activities not elsewhere classified6228,352
    62020 - Information technology consultancy activities6029,029
    56101 - Licensed restaurants578,585
    68209 - Other letting and operating of own or leased real estate5210,133
    74990 - Non-trading company4914,351
    43999 - Other specialised construction activities not elsewhere classified468,533
    43220 - Plumbing, heat and air-conditioning installation435,075
    47910 - Retail sale via mail order houses or via Internet419,900
    43210 - Electrical installation416,050
    56302 - Public houses and bars396,099
    62090 - Other information technology service activities3713,024
    sic codenumber of companiesuk companies
    None Supplied911259,495
    99999 - Dormant Company22548,126
    74909 - Other professional, scientific and technical activities not elsewhere classified14019,026
    35110 - Production of electricity1282,421
    70229 - Management consultancy activities other than financial management11640,375
    82990 - Other business support service activities not elsewhere classified9157,459
    41100 - Development of building projects8110,664
    41202 - Construction of domestic buildings797,088
    86900 - Other human health activities6911,353
    96090 - Other service activities not elsewhere classified6228,340
    62020 - Information technology consultancy activities6129,145
    56101 - Licensed restaurants578,651
    68209 - Other letting and operating of own or leased real estate5210,262
    74990 - Non-trading company4714,184
    43999 - Other specialised construction activities not elsewhere classified478,555
    43220 - Plumbing, heat and air-conditioning installation445,099
    43210 - Electrical installation416,091
    47910 - Retail sale via mail order houses or via Internet419,940
    56302 - Public houses and bars396,119
    62090 - Other information technology service activities3813,042

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09067903 EVENT MEDICAL UK - SAFETY MANAGEMENT & TRAINING LIMITED 03 Jun 2014
    09094383 DARTANA LTD 19 Jun 2014
    09070015 MARITUS LTD 04 Jun 2014
    09085506 WENDYHOUSE INVESTMENT PROPERTY LTD 13 Jun 2014
    09094753 POLLARD PROPERTY LETTINGS LIMITED 20 Jun 2014
    09068198 GREENAWAYS TYRE AND EXHAUST SERVICES (LAUNCESTON) LIMITED 03 Jun 2014
    09079311 SOUTHERN LEATHER LTD 10 Jun 2014
    09098118 U-KOOL LIMITED 23 Jun 2014
    09107268 HERITAGE ROOFING SW LTD 30 Jun 2014
    09088988 SIMON HINKS LIMITED 17 Jun 2014
    09104569 RESTORMEL SERVICES LIMITED 26 Jun 2014
    09077013 LILACANDCREAM LIMITED 09 Jun 2014
    09077432 PRECISION PLASTERING LIMITED 09 Jun 2014
    09065895 THE ROAD SHOW EVENTS BAR LIMITED 02 Jun 2014
    09068984 COLIZA MOTORSPORT LTD 03 Jun 2014
    09071696 MAHARAAJ INDIAN CUISINE UK LTD 05 Jun 2014
    09077794 ARC DEVELOPMENTS (CORNWALL) LIMITED 09 Jun 2014
    09084501 JUST BEACH HOUSES LIMITED 12 Jun 2014
    09103223 CREATIVE PLANNING (SW) LIMITED 26 Jun 2014
    09106284 SARA YOUNG CORNWALL LIMITED 27 Jun 2014
    09069363 SUNSAVE 42 (LOWER BASSET DOWN) LIMITED 03 Jun 2014
    09069719 PARITY BARS (CHINGFORD) LIMITED 04 Jun 2014
    09078385 SWW STORAGE LIMITED 10 Jun 2014
    09091639 LYDIA POOLE CONSULTING LIMITED 18 Jun 2014
    09092736 SUNSAVE 43 (EPWELL) LIMITED 19 Jun 2014