Cornwall
Q1 2015 Business Confidence Report
Headlines
- Q1 2015 saw a new record in company registrations in Cornwall when compared to any previous Q1.
- Q1 2015 was a record quarter for company registrations in Cornwall when compared to any quarter in history.
- February 2015 saw a new record in company registrations in Cornwall when compared to any previous February.
- February 2015 saw a new record in company closures in Cornwall when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
Q1 2015 saw a new record in company registrations in Cornwall when compared to any previous Q1.
Q1 2015 was a record quarter for company registrations in Cornwall when compared to any quarter in history.
A total of 651 companies were registered in Cornwall during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 2.7% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Cornwall UK 2015 651 161,156 2014 634 150,722 % change 2.7% 6.9% Record Year 2015 (651) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company registrations in Cornwall when compared to any previous February.
New Companies by Month
January February March New companies in 2015 179 217 255 New companies in 2014 182 204 248 % change -1.6% 6.4% 2.8% Record Year 2013 (192) 2015 (217) 2003 (262)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 357 companies were dissolved in Cornwall during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 2.6% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Cornwall UK 2015 357 89,523 2014 348 82,370 % change 2.6% 8.7% Record Year 2015 (357) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company closures in Cornwall when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2015 94 131 132 Closed companies in 2014 98 125 125 % change -4.1% 4.8% 6% Record Year 2011 (132) 2015 (131) 2009 (224)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Cornwall during the first quarter of 2015 (Jan 2015 - Mar 2015) was 294 companies.
first quarter (Jan 2015 - Mar 2015) Cornwall UK 2015 294 71,633 2014 286 68,352 Record Year 2007 (368) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 85 86 123 Net growth in 2014 84 79 123 Record Year 2007 (102) 2003 (139) 2003 (207)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Cornwall formed 0.4% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Cornwall 2015 0.4% 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.5% Record Year (since 1960) 2003 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.4% 0.4% 0.4% UK formation share in 2014 0.4% 0.4% 0.4% % change -3.5% -2.0% -6.3% Record Year 2004 (0.5%) 2003 (0.6%) 2003 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 46.2.
The percentage of directors under the age of 25 was 8.0% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Cornwall was in 2008 when 35.7% of all directors were female.
31.3% of all director appointments in Cornwall in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.45% CONSULTING 5.23% MANAGEMENT 1.93% MANAGEMENT 4.56% ENGINEERING 1.29% CONSULTANCY 3.62% PROPERTY 1.22% PROPERTY 2.72% CONSULTANCY 1.10% CONSTRUCTION 2.19% KERNOW 1.04% CARE 2.13% CONSTRUCTION 0.95% ENGINEERING 2.12% WEST 0.92% LONDON 1.91% COMPOSITES 0.92% TRADING 1.88% DEVELOPMENTS 0.83% TRANSPORT 1.82% CIC 0.80% ELECTRICAL 1.76% CORNISH 0.80% DESIGN 1.65% DESIGN 0.76% PROPERTIES 1.63% CARE 0.73% CO., 1.58% SUNSAVE 0.73% J 1.55% ELECTRICAL 0.73% CONSULTANTS 1.54% (CORNWALL) 0.73% BUSINESS 1.49% PROPERTIES 0.70% INVESTMENTS 1.49% BARS 0.70% GLOBAL 1.46% SOUTH 0.70% ASSOCIATES 1.44% CONSULTING 0.70% DEVELOPMENTS 1.36% J 0.67% BUILDING 1.31% ST 0.67% IT 1.30% BUILDING 0.67% MEDIA 1.28% FARM 0.64% M 1.27%
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 973 288,953 99999 - Dormant Company 228 49,474 35110 - Production of electricity 148 2,602 74909 - Other professional, scientific and technical activities not elsewhere classified 116 19,098 70229 - Management consultancy activities other than financial management 112 43,081 41100 - Development of building projects 86 11,863 41202 - Construction of domestic buildings 80 7,797 82990 - Other business support service activities not elsewhere classified 79 58,522 86900 - Other human health activities 70 13,990 96090 - Other service activities not elsewhere classified 67 29,218 56101 - Licensed restaurants 57 8,909 62020 - Information technology consultancy activities 57 30,825 68209 - Other letting and operating of own or leased real estate 56 11,600 43999 - Other specialised construction activities not elsewhere classified 49 9,080 56302 - Public houses and bars 47 6,355 74990 - Non-trading company 46 13,794 98000 - Residents property management 43 5,308 43220 - Plumbing, heat and air-conditioning installation 41 5,331 56103 - Take-away food shops and mobile food stands 40 8,607 47910 - Retail sale via mail order houses or via Internet 40 10,200
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09480333 THE BARGE BUDE LTD 10 Mar 2015 09482042 PENNANTS WORLDWIDE LTD 10 Mar 2015 09510922 BCD STUDIO LTD. 26 Mar 2015 09502638 MARTIN SEWELL LIMITED 20 Mar 2015 09512423 QUALITY APPOINTERS LIMITED 26 Mar 2015 09485031 IMPULSE TECHNOLOGY MARKETING LTD 12 Mar 2015 09467810 MAHARANI MAAI LTD 03 Mar 2015 09468949 ROUND TABLE GAMES STUDIO LTD 03 Mar 2015 09495427 MCCARTHYS SW LTD 18 Mar 2015 09513593 SJH LIGHTING LIMITED 27 Mar 2015 09487709 AT CONSTRUCTION (SOUTH WEST) LIMITED 13 Mar 2015 09506129 COLWIN DEVELOPMENTS LTD 24 Mar 2015 09501556 THE GALLEY CHARLESTOWN LIMITED 20 Mar 2015 09469814 M K COMPOSITE ENGINEERING LTD 04 Mar 2015 09469874 MARK HOTSPUR LTD 04 Mar 2015 09470708 MCQUE ENGINEERING SERVICES LTD 04 Mar 2015 09470778 KEERS ENGINEERING SERVICES LTD 04 Mar 2015 09470920 MELO ENGINEERING LTD 04 Mar 2015 09502299 DIXYPIP LIMITED 20 Mar 2015 09510000 JDG COMPOSITES LTD 25 Mar 2015 09510020 KAL COMPOSITES LTD 25 Mar 2015 09510090 MDJ MECHTECH LTD 25 Mar 2015 09520250 LAM COMPOSITES LTD 31 Mar 2015 09481812 THE CORNWALL CARBON COMPANY LIMITED 10 Mar 2015 09505449 ARK PLUMBING & HEATING SERVICES LIMITED 24 Mar 2015
reports
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