Cornwall

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Cornwall when compared to any previous Q3.
  • Q3 2014 saw a new record in company registrations in Cornwall when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Cornwall when compared to any previous September.
  • August 2014 saw a new record in company registrations in Cornwall when compared to any previous August.
  • September 2014 saw a new record in company registrations in Cornwall when compared to any previous September.
  • August 2014 saw a new record in company registrations in Cornwall when compared to any previous August.
  • July 2014 saw a new record in company closures in Cornwall when compared to any previous July.
  • July 2014 saw a new record in company closures in Cornwall when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Cornwall when compared to any previous Q3.

    Q3 2014 saw a new record in company registrations in Cornwall when compared to any previous Q3.

    A total of 553 companies were registered in Cornwall during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 5.9% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)CornwallUK
    2014553143,414
    2013522132,684
    % change5.9%8.1%
    Record Year 2014 (553) 2014 (143,414)
    New Companies by Quarter

    A total of 553 companies were registered in Cornwall during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 5.9% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)CornwallUK
    2014553143,414
    2013522132,684
    % change5.9%8.1%
    Record Year 2014 (553) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

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

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

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 2014179189185
    New companies in 2013185165172
    % change-3.2%14.5%7.6%
    Record Year2003 (190)2014 (189)2014 (185)
    JulyAugustSeptember
    New companies in 2014179189185
    New companies in 2013185165172
    % change-3.2%14.5%7.6%
    Record Year2003 (190)2014 (189)2014 (185)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 430 companies were dissolved in Cornwall during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 26.8% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)CornwallUK
    2014430101,670
    201333986,170
    % change26.8%18.0%
    Record Year 2014 (430) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 430 companies were dissolved in Cornwall during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 26.8% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)CornwallUK
    2014430101,670
    201333986,170
    % change26.8%18.0%
    Record Year 2014 (430) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014172106152
    Closed companies in 201312299118
    % change41.0%7.1%29%
    Record Year2014 (172)2008 (203)2009 (198)
    JulyAugustSeptember
    Closed companies in 2014172106152
    Closed companies in 201312299118
    % change41.0%7.1%29%
    Record Year2014 (172)2008 (203)2009 (198)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Cornwall during the third quarter of 2014 (Jul 2014 - Sep 2014) was 123 companies.

    third quarter (Jul 2014 - Sep 2014)CornwallUK
    201412341,744
    201318346,514
    Record Year 2012 (217) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for Cornwall during the third quarter of 2014 (Jul 2014 - Sep 2014) was 123 companies.

    third quarter (Jul 2014 - Sep 2014)CornwallUK
    201412341,744
    201318346,514
    Record Year 2012 (217) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201478333
    Net growth in 2013636654
    Record Year2003 (126)2002 (108)2002 (118)
    JulyAugustSeptember
    Net growth in 201478333
    Net growth in 2013636654
    Record Year2003 (126)2002 (108)2002 (118)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)Cornwall
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2002 (0.6%)
    Company Share by Quarter

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

    third quarter (Jul 2014 - Sep 2014)Cornwall
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2002 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change-12.1%9.2%-1.3%
    Record Year2002 (0.6%)1992 (0.7%)2002 (0.5%)
    JulyAugustSeptember
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change-12.1%9.2%-1.3%
    Record Year2002 (0.6%)1992 (0.7%)2002 (0.5%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 46.4.

    The percentage of directors under the age of 25 was 6.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

    The average age of a director in the third quarter of 2014 was 46.4.

    The percentage of directors under the age of 25 was 6.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Cornwall was in 2007 when 36.4% of all directors were female.

    34.0% of all director appointments in Cornwall in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

    The record third quarter for female directors in Cornwall was in 2007 when 36.4% of all directors were female.

    34.0% of all director appointments in Cornwall in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CORNWALL2.86%CONSULTING5.17%
    MANAGEMENT1.96%MANAGEMENT4.63%
    BARS1.28%CONSULTANCY3.55%
    PARITY1.25%PROPERTY2.62%
    KERNOW1.25%ENGINEERING2.07%
    PROPERTY1.09%CONSTRUCTION2.05%
    CONSTRUCTION0.99%TRADING2.00%
    DESIGN0.99%LONDON1.95%
    WEST0.96%CARE1.94%
    CONSULTANCY0.93%TRANSPORT1.76%
    CONSULTING0.87%DESIGN1.70%
    DEVELOPMENTS0.83%CONSULTANTS1.70%
    (SW)0.80%PROPERTIES1.63%
    J0.77%BUSINESS1.62%
    ENGINEERING0.74%J1.53%
    ST0.74%ELECTRICAL1.53%
    CORNISH0.71%GLOBAL1.51%
    (CORNWALL)0.67%INVESTMENTS1.50%
    SOUTH0.67%ASSOCIATES1.48%
    ELECTRICAL0.67%MEDIA1.38%
    CIC0.61%CO.,1.36%
    PEP0.61%DEVELOPMENTS1.35%
    FARM0.58%BUILDING1.30%
    R0.55%IT1.30%
    MARINE0.55%M1.23%
    wordpercentageuk worduk percentage
    CORNWALL2.88%CONSULTING5.18%
    MANAGEMENT1.95%MANAGEMENT4.63%
    BARS1.28%CONSULTANCY3.54%
    KERNOW1.28%PROPERTY2.63%
    PARITY1.25%ENGINEERING2.08%
    PROPERTY1.12%CONSTRUCTION2.05%
    CONSTRUCTION0.99%TRADING2.01%
    WEST0.96%LONDON1.95%
    DESIGN0.96%CARE1.94%
    CONSULTANCY0.93%TRANSPORT1.76%
    CONSULTING0.86%DESIGN1.70%
    (SW)0.80%CONSULTANTS1.69%
    DEVELOPMENTS0.80%PROPERTIES1.63%
    J0.77%BUSINESS1.63%
    ST0.77%ELECTRICAL1.53%
    ENGINEERING0.74%J1.53%
    CORNISH0.70%GLOBAL1.52%
    ELECTRICAL0.67%INVESTMENTS1.50%
    SOUTH0.67%ASSOCIATES1.48%
    (CORNWALL)0.67%MEDIA1.38%
    PEP0.61%CO.,1.36%
    CIC0.61%DEVELOPMENTS1.35%
    FARM0.58%BUILDING1.30%
    R0.54%IT1.30%
    MARINE0.54%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied945278,481
    99999 - Dormant Company22448,286
    35110 - Production of electricity1502,374
    74909 - Other professional, scientific and technical activities not elsewhere classified13518,890
    70229 - Management consultancy activities other than financial management11340,717
    41100 - Development of building projects8410,604
    82990 - Other business support service activities not elsewhere classified8357,264
    41202 - Construction of domestic buildings747,151
    86900 - Other human health activities6611,807
    96090 - Other service activities not elsewhere classified6028,224
    62020 - Information technology consultancy activities5829,313
    56101 - Licensed restaurants568,546
    68209 - Other letting and operating of own or leased real estate5010,361
    74990 - Non-trading company4914,006
    43999 - Other specialised construction activities not elsewhere classified488,501
    43220 - Plumbing, heat and air-conditioning installation445,083
    47910 - Retail sale via mail order houses or via Internet429,914
    56302 - Public houses and bars416,056
    62090 - Other information technology service activities3812,795
    43210 - Electrical installation365,922
    sic codenumber of companiesuk companies
    None Supplied900263,052
    99999 - Dormant Company22548,811
    35110 - Production of electricity1522,444
    74909 - Other professional, scientific and technical activities not elsewhere classified13419,117
    70229 - Management consultancy activities other than financial management11141,421
    82990 - Other business support service activities not elsewhere classified8858,078
    41100 - Development of building projects8410,983
    41202 - Construction of domestic buildings757,363
    86900 - Other human health activities6612,105
    96090 - Other service activities not elsewhere classified6128,864
    62020 - Information technology consultancy activities5829,780
    56101 - Licensed restaurants568,789
    43999 - Other specialised construction activities not elsewhere classified508,701
    68209 - Other letting and operating of own or leased real estate5010,684
    74990 - Non-trading company4814,053
    43220 - Plumbing, heat and air-conditioning installation455,177
    47910 - Retail sale via mail order houses or via Internet4310,125
    56302 - Public houses and bars426,211
    62090 - Other information technology service activities4112,999
    56103 - Take-away food shops and mobile food stands368,165

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09110007 JHAIGH PLANT SERVICES LIMITED 01 Jul 2014
    09136374 CLARENCE ROAD 1963 LIMITED 17 Jul 2014
    09138321 M-TECH INDUSTRIES LTD 18 Jul 2014
    09138347 CUTMERE ASSOCIATES LIMITED 18 Jul 2014
    09134165 LOOE LITERARY FESTIVAL CIC 16 Jul 2014
    09129720 BARCLAY HOUSE HOTEL LIMITED 14 Jul 2014
    09130560 U-STORE SOUTH WEST LIMITED 15 Jul 2014
    09134047 PAMPER BY THE POOL LTD 16 Jul 2014
    09136753 REED'S OF FOWEY LIMITED 18 Jul 2014
    09137215 REED'S SHOP LIMITED 18 Jul 2014
    09126521 PAVE VELO LTD 11 Jul 2014
    09156210 BRANNEL COMMUNITY CAFE CIC 31 Jul 2014
    09138447 PURE CLEAN SOLAR SW LTD 18 Jul 2014
    09140692 SUNBIRD STUDIO LTD. 21 Jul 2014
    09151267 MJM HOSPITALITY LTD 29 Jul 2014
    09117781 PH EQUINE LTD 07 Jul 2014
    09138924 LOVERIDGE PRODUCTIONS LIMITED 21 Jul 2014
    09119606 CONSULTANCY & DESIGN UK LTD 07 Jul 2014
    09145618 J-TAKU LTD 24 Jul 2014
    09109038 WILD AND RAW LIMITED 01 Jul 2014
    09120592 R. BISCOMBE FABRICATIONS LTD 08 Jul 2014
    09117638 CORNWALL FENCING LIMITED 04 Jul 2014
    09119402 SWC TRAINING LIMITED 07 Jul 2014
    09127770 TRETHEAKE FARM LIMITED 14 Jul 2014
    09135983 RICARDOS BAR LEISURE UK LIMITED 17 Jul 2014