Crediton, Devon

2014 Annual Business Confidence Report

Headlines

  • October 2014 saw a new record in company closures in Crediton when compared to any previous October.

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. Annual Data (2014)

    A total of 111 companies were formed in Crediton in 2014. This total is 0.9% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearCreditonUK
    2014111582,051
    2013112529,363
    2012107491,893
    2011120452,870
    2010100400,358
    Record Year2011 (120)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 60 companies were formed in Crediton. This figure is 9.1% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Crediton occurred in 2011 when a total of 65 were formed.

    Half Year (Jul-Dec)CreditonUK
    201460281,320
    201355259,931
    % change9.1%8.2%
    Record Year2011 (65)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 28 companies were registered in Crediton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 3.4% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)CreditonUK
    201428137,906
    201329127,247
    % change-3.4%8.4%
    Record Year 2011 (29) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201410810
    New companies in 20131199
    % change-9.1%-11.1%11.1%
    Record Year2003 (12)2002 (14)2014 (10)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 60 companies were dissolved in Crediton in 2014. This total is 4.8% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearCreditonUK
    201460367,937
    201363332,213
    201243293,729
    201151314,524
    201063342,233
    Record Year2009 (79)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 28 companies were dissolved in Crediton. This figure is 26.3% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Crediton occurred in 2013 when a total of 38 were closed.

    Half Year (Jul-Dec)CreditonUK
    201428190,730
    201338177,021
    % change-26.3%7.7%
    Record Year2013 (38)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 16 companies were dissolved in Crediton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 15.8% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)CreditonUK
    20141689,060
    20131990,851
    % change-15.8%-2.0%
    Record Year 2009 (22) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in company closures in Crediton when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20141042
    Closed companies in 2013676
    % change66.7%-42.9%-67%
    Record Year2014 (10)2002 (8)2009 (13)

Net Company Growth

  1. Annual Data (2014)

    A total of 51 companies were added to the company register for Crediton in 2014. This number represents growth of 45.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 2 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2011 when the Crediton company register grew by 69 companies.

    YearCreditonUK
    201451214,114
    201349197,150
    201264198,164
    201169138,346
    20103758,125
    Record Year2011 (69)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Crediton increased by 32 companies.

    Half Year (Jul-Dec)CreditonUK
    20143290,590
    20131782,910
    Record Year2011 (38)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Crediton during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 12 companies.

    fourth quarter (Oct 2014 - Dec 2014)CreditonUK
    20141248,846
    20131036,396
    Record Year 2011 (19) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014048
    Net growth in 2013523
    Record Year2012 (9)2007 (10)2002 (9)

UK Company Share

  1. Annual Data (2014)

    In 2014 Crediton formed 0.0% of all UK companies. This is no change on 2013 when Crediton was responsible for 0.0% of all UK companies.

    YearCrediton
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)2003 (0.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Crediton formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Crediton
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2000 (0.0%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Crediton formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Crediton
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2002 (0.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.0%
    % change-13.5%-15.8%-4.6%
    Record Year2000 (0.0%)2002 (0.1%)2002 (0.0%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 46.0.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 44.8.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.2.

    The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Crediton was 1990 when 66.7% of all directors were female.

    The percentage of female directors in Crediton in 2014 was 30.8%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Crediton was 2009 when 43.9% of all directors were female.

    29.0% of all director appointments in Crediton in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Crediton was in 2009 when 50.0% of all directors were female.

    28.2% of all director appointments in Crediton in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    J2.35%CONSULTING5.22%
    R1.57%MANAGEMENT4.58%
    M1.18%CONSULTANCY3.57%
    CONSTRUCTION1.18%PROPERTY2.66%
    MANAGEMENT1.18%CONSTRUCTION2.12%
    ESTATE1.18%ENGINEERING2.10%
    (SW)1.18%CARE2.02%
    DEVON1.18%TRADING1.94%
    MEDIA1.18%LONDON1.93%
    (DEVON)0.78%TRANSPORT1.93%
    TREE0.78%DESIGN1.66%
    DEVELOPMENTS0.78%CONSULTANTS1.64%
    (EXETER)0.78%ELECTRICAL1.62%
    CONSULTANCY0.78%PROPERTIES1.62%
    G0.78%BUSINESS1.56%
    JONES0.78%J1.54%
    TEAM0.78%CO.,1.50%
    SUPPLIES0.78%GLOBAL1.49%
    NANOTECH0.78%INVESTMENTS1.48%
    HEATING0.78%ASSOCIATES1.47%
    PROJECT0.78%DEVELOPMENTS1.35%
    FIRST0.78%MEDIA1.33%
    SOUTHWEST0.78%IT1.31%
    CIC0.78%BUILDING1.29%
    SW0.78%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied42265,608
    70229 - Management consultancy activities other than financial management1142,290
    68209 - Other letting and operating of own or leased real estate811,212
    74909 - Other professional, scientific and technical activities not elsewhere classified719,049
    99999 - Dormant Company748,509
    43341 - Painting41,244
    62020 - Information technology consultancy activities430,178
    64999 - Financial intermediation not elsewhere classified46,083
    96090 - Other service activities not elsewhere classified329,009
    80100 - Private security activities33,128
    86900 - Other human health activities312,976
    43390 - Other building completion and finishing35,931
    47910 - Retail sale via mail order houses or via Internet310,107
    41100 - Development of building projects311,397
    46900 - Non-specialised wholesale trade33,333
    85600 - Educational support services34,012
    32990 - Other manufacturing not elsewhere classified33,533
    68100 - Buying and selling of own real estate37,106
    96020 - Hairdressing and other beauty treatment36,742
    43210 - Electrical installation35,985

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09242871 12 SEARLE STREET MANAGEMENT COMPANY LIMITED 01 Oct 2014
    09245272 GRECIAN HEATING & ELECTRICAL LTD 02 Oct 2014
    09253085 19 SOUTHMEAD ROAD MANAGEMENT COMPANY LTD 07 Oct 2014
    09257756 LITTLE ELVES FREE RANGE KINDERGARTEN LTD 10 Oct 2014
    09275261 WICKS (PROPERTIES) LIMITED 22 Oct 2014
    09278202 LINDEN TREE DEVELOPMENTS LIMITED 23 Oct 2014
    09281802 JDH RAIL AND METRO CONSULTANCY LTD 27 Oct 2014
    09284364 C&MCI LOGISTICS LIMITED 28 Oct 2014
    09288485 J G SECURITY LIMITED 30 Oct 2014
    09290975 ROBERT PERKS CONSULTING LIMITED 31 Oct 2014

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