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
New Company Registrations
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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) Cornwall UK 2014 1,212 300,731 2013 1,174 269,432 % change 3.2% 11.6% Record Year 2003 (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) Cornwall UK 2014 1,212 300,731 2013 1,174 269,432 % change 3.2% 11.6% Record Year 2003 (1,212) 2014 (300,731) New Companies by Half Year
New Companies by Half Year
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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) Cornwall UK 2014 578 150,009 2013 577 134,630 % change 0.2% 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) Cornwall UK 2014 578 150,009 2013 577 134,630 % change 0.2% 11.4% Record Year 2014 (578) 2014 (150,009) New Companies by Quarter
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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
April May June New companies in 2014 210 201 167 New companies in 2013 208 187 182 % change 1.0% 7.5% -8.2% Record Year 2003 (234) 2003 (201) 2003 (186) April May June New companies in 2014 210 201 167 New companies in 2013 208 187 182 % change 1.0% 7.5% -8.2% Record Year 2003 (234) 2003 (201) 2003 (186)
Closed Companies (dissolved)
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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) Cornwall UK 2014 771 177,207 2013 620 155,192 % change 24.4% 14.2% Record Year 2009 (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) Cornwall UK 2014 771 177,207 2013 620 155,192 % change 24.4% 14.2% Record Year 2009 (854) 2009 (289,245) Dissolved Companies by Half Year
Dissolved Companies by Half Year
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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) Cornwall UK 2014 423 94,837 2013 321 77,278 % change 31.8% 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) Cornwall UK 2014 423 94,837 2013 321 77,278 % change 31.8% 22.7% Record Year 2009 (511) 2009 (181,179) Dissolved Companies by Quarter
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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
April May June Closed companies in 2014 79 158 186 Closed companies in 2013 115 102 104 % change -31.3% 54.9% 79% Record Year 2009 (116) 2009 (259) 2014 (186) April May June Closed companies in 2014 79 158 186 Closed companies in 2013 115 102 104 % change -31.3% 54.9% 79% Record Year 2009 (116) 2009 (259) 2014 (186)
Net Company Growth
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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) Cornwall UK 2014 441 123,524 2013 554 114,240 Record Year 2003 (929) 2007 (171,296) In the first half of 2014 the company register for Cornwall increased by 441 companies.
Half Year (Jan-Jun) Cornwall UK 2014 441 123,524 2013 554 114,240 Record Year 2003 (929) 2007 (171,296) Net Growth by Half Year
Net Growth by Half Year
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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) Cornwall UK 2014 155 55,172 2013 256 57,352 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) Cornwall UK 2014 155 55,172 2013 256 57,352 Record Year 2013 (256) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
Net Growth by Month
April May June Net growth in 2014 131 43 -19 Net growth in 2013 93 85 78 Record Year 2003 (189) 2003 (162) 2003 (132) April May June Net growth in 2014 131 43 -19 Net growth in 2013 93 85 78 Record Year 2003 (189) 2003 (162) 2003 (132)
UK Company Share
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.5% 2010 0.5% 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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.5% 2010 0.5% Record Year (since 1960) 2003 (0.6%) Company Share by Half Year
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.5% 2010 0.4% 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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.5% 2010 0.4% Record Year (since 1960) 2003 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
Company Share by Month
April May June UK formation share in 2014 0.4% 0.4% 0.4% UK formation share in 2013 0.4% 0.4% 0.4% % change -9.0% -0.8% -20.5% Record Year 2003 (0.7%) 2003 (0.6%) 1992 (0.5%) April May June UK formation share in 2014 0.4% 0.4% 0.4% UK formation share in 2013 0.4% 0.4% 0.4% % change -9.0% -0.8% -20.5% Record Year 2003 (0.7%) 2003 (0.6%) 1992 (0.5%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.74% CONSULTING 5.16% MANAGEMENT 1.76% MANAGEMENT 4.64% PROPERTY 1.24% CONSULTANCY 3.50% KERNOW 1.21% PROPERTY 2.66% WEST 1.14% TRADING 2.03% CONSTRUCTION 1.08% ENGINEERING 1.99% J 0.98% CONSTRUCTION 1.93% DEVELOPMENTS 0.88% LONDON 1.93% CONSULTING 0.88% CARE 1.85% SOUTH 0.85% DESIGN 1.75% BARS 0.85% CONSULTANTS 1.73% ENGINEERING 0.82% BUSINESS 1.69% CORNISH 0.82% PROPERTIES 1.63% PARITY 0.82% TRANSPORT 1.58% CONSULTANCY 0.78% GLOBAL 1.55% DESIGN 0.75% INVESTMENTS 1.55% (CORNWALL) 0.75% J 1.51% ELECTRICAL 0.72% ASSOCIATES 1.48% (SW) 0.69% MEDIA 1.44% ST 0.69% ELECTRICAL 1.40% SPV 0.65% IT 1.33% KS 0.65% DEVELOPMENTS 1.33% PEP 0.65% BUILDING 1.26% ENERGY 0.62% M 1.24% R 0.59% CO., 1.20% word percentage uk word uk percentage CORNWALL 2.77% CONSULTING 5.16% MANAGEMENT 1.76% MANAGEMENT 4.64% PROPERTY 1.27% CONSULTANCY 3.49% KERNOW 1.24% PROPERTY 2.66% WEST 1.14% TRADING 2.03% CONSTRUCTION 1.08% ENGINEERING 1.99% J 0.98% LONDON 1.93% CONSULTING 0.88% CONSTRUCTION 1.93% DEVELOPMENTS 0.85% CARE 1.85% SOUTH 0.85% DESIGN 1.75% BARS 0.85% CONSULTANTS 1.73% ENGINEERING 0.81% BUSINESS 1.69% PARITY 0.81% PROPERTIES 1.63% CORNISH 0.81% TRANSPORT 1.58% CONSULTANCY 0.78% GLOBAL 1.55% (CORNWALL) 0.75% INVESTMENTS 1.55% DESIGN 0.72% J 1.50% ST 0.72% ASSOCIATES 1.48% ELECTRICAL 0.72% MEDIA 1.44% (SW) 0.68% ELECTRICAL 1.40% PEP 0.65% IT 1.33% KS 0.65% DEVELOPMENTS 1.33% SPV 0.65% BUILDING 1.26% ENERGY 0.62% M 1.23% C 0.59% CO., 1.20%
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 917 261,557 99999 - Dormant Company 226 48,436 74909 - Other professional, scientific and technical activities not elsewhere classified 142 19,058 35110 - Production of electricity 129 2,396 70229 - Management consultancy activities other than financial management 118 40,250 82990 - Other business support service activities not elsewhere classified 88 57,421 41100 - Development of building projects 81 10,527 41202 - Construction of domestic buildings 79 7,053 86900 - Other human health activities 69 11,292 96090 - Other service activities not elsewhere classified 62 28,352 62020 - Information technology consultancy activities 60 29,029 56101 - Licensed restaurants 57 8,585 68209 - Other letting and operating of own or leased real estate 52 10,133 74990 - Non-trading company 49 14,351 43999 - Other specialised construction activities not elsewhere classified 46 8,533 43220 - Plumbing, heat and air-conditioning installation 43 5,075 47910 - Retail sale via mail order houses or via Internet 41 9,900 43210 - Electrical installation 41 6,050 56302 - Public houses and bars 39 6,099 62090 - Other information technology service activities 37 13,024 sic code number of companies uk companies None Supplied 911 259,495 99999 - Dormant Company 225 48,126 74909 - Other professional, scientific and technical activities not elsewhere classified 140 19,026 35110 - Production of electricity 128 2,421 70229 - Management consultancy activities other than financial management 116 40,375 82990 - Other business support service activities not elsewhere classified 91 57,459 41100 - Development of building projects 81 10,664 41202 - Construction of domestic buildings 79 7,088 86900 - Other human health activities 69 11,353 96090 - Other service activities not elsewhere classified 62 28,340 62020 - Information technology consultancy activities 61 29,145 56101 - Licensed restaurants 57 8,651 68209 - Other letting and operating of own or leased real estate 52 10,262 74990 - Non-trading company 47 14,184 43999 - Other specialised construction activities not elsewhere classified 47 8,555 43220 - Plumbing, heat and air-conditioning installation 44 5,099 43210 - Electrical installation 41 6,091 47910 - Retail sale via mail order houses or via Internet 41 9,940 56302 - Public houses and bars 39 6,119 62090 - Other information technology service activities 38 13,042
Recent Companies
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Randomly selected companies from this quarter
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