Devon

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Devon when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Devon when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Devon when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Devon when compared to any previous December.
  • October 2014 saw a new record in company registrations in Devon when compared to any previous October.
  • The second half of 2014 saw a new record in company closures in Devon when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Devon when compared to any previous December.

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)

    2014 was a record year for company registrations in Devon when compared to any year in history.

    A total of 5,378 companies were formed in Devon in 2014. This total is 4.3% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearDevonUK
    20145,378582,051
    20135,157529,363
    20124,701491,893
    20114,393452,870
    20103,961400,358
    Record Year2014 (5,378)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 2,595 companies were formed in Devon. This figure is 6.8% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Devon occurred in 2014 when a total of 2,595 were formed.

    Half Year (Jul-Dec)DevonUK
    20142,595281,320
    20132,429259,931
    % change6.8%8.2%
    Record Year2014 (2,595)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Devon when compared to any previous Q4.

    A total of 1,285 companies were registered in Devon during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 5.2% versus the same period last year (Q4 2013). This figure compares equally 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)DevonUK
    20141,285137,906
    20131,221127,247
    % change5.2%8.4%
    Record Year 2014 (1,285) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Devon when compared to any previous December.

    October 2014 saw a new record in company registrations in Devon when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014510402373
    New companies in 2013456411354
    % change11.8%-2.2%5.4%
    Record Year2014 (510)2013 (411)2014 (373)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 3,699 companies were dissolved in Devon in 2014. This total is 12.1% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearDevonUK
    20143,699367,937
    20133,300332,213
    20122,707293,729
    20112,769314,524
    20103,187342,233
    Record Year2009 (4,064)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Devon when compared to any previous second half year.

    In the second half of 2014 a total of 1,934 companies were dissolved in Devon. This figure is 7.7% higher than last year, which compares equally to the UK wide change of 7.7%.

    The highest total for a second half year in Devon occurred in 2014 when a total of 1,934 were closed.

    Half Year (Jul-Dec)DevonUK
    20141,934190,730
    20131,796177,021
    % change7.7%7.7%
    Record Year2014 (1,934)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 884 companies were dissolved in Devon during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 2.8% 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)DevonUK
    201488489,060
    201390990,851
    % change-2.8%-2.0%
    Record Year 2013 (909) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Devon when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014267280337
    Closed companies in 2013310283316
    % change-13.9%-1.1%7%
    Record Year2013 (310)2010 (323)2014 (337)

Net Company Growth

  1. Annual Data (2014)

    A total of 1,679 companies were added to the company register for Devon in 2014. This number represents growth of 31.2% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 178 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2006 when the Devon company register grew by 2,071 companies.

    YearDevonUK
    20141,679214,114
    20131,857197,150
    20121,994198,164
    20111,624138,346
    201077458,125
    Record Year2006 (2,071)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Devon increased by 661 companies.

    Half Year (Jul-Dec)DevonUK
    201466190,590
    201363382,910
    Record Year2003 (1,588)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Devon during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 401 companies.

    fourth quarter (Oct 2014 - Dec 2014)DevonUK
    201440148,846
    201331236,396
    Record Year 2012 (456) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201424312236
    Net growth in 201314612838
    Record Year2003 (363)2002 (250)2002 (234)

UK Company Share

  1. Annual Data (2014)

    In 2014 Devon formed 0.9% of all UK companies. This is a decline on 2013 when Devon was responsible for 1.0% of all UK companies.

    YearDevon
    20140.9%
    20131.0%
    20121.0%
    20111.0%
    20101.0%
    Record Year (since 1960)2002 (1.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Devon formed 0.9% of all UK companies. This is the same as the 2013 figure of 0.9%.

    Half Year (Jul-Dec)Devon
    20140.9%
    20130.9%
    20120.9%
    20111.0%
    20101.0%
    Record Year (since 1960) 2002 (1.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Devon formed 0.9% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Devon
    20140.9%
    20131.0%
    20120.9%
    20111.0%
    20101.0%
    Record Year (since 1960) 2002 (1.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20141.0%0.9%0.9%
    UK formation share in 20130.9%1.0%1.0%
    % change6.4%-7.1%-9.8%
    Record Year2002 (1.3%)2002 (1.5%)2002 (1.5%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 46.5.

    The percentage of directors under the age of 25 was 7.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.2% 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 46.1.

    The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.3% 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 45.9.

    The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.3% 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 Devon was 1990 when 39.1% of all directors were female.

    The percentage of female directors in Devon in 2014 was 30.9%. 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 Devon was 2006 when 34.9% of all directors were female.

    31.1% of all director appointments in Devon 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 Devon was in 2006 when 35.0% of all directors were female.

    31.3% of all director appointments in Devon 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
    MANAGEMENT2.31%CONSULTING5.22%
    DEVON1.46%MANAGEMENT4.58%
    WEST1.39%CONSULTANCY3.57%
    SOUTH1.39%PROPERTY2.66%
    (SW)1.14%CONSTRUCTION2.12%
    PROPERTY1.14%ENGINEERING2.10%
    CONSULTING1.01%CARE2.02%
    ELECTRICAL1.01%TRADING1.94%
    CONSTRUCTION1.00%LONDON1.93%
    CONSULTANCY0.97%TRANSPORT1.93%
    DEVELOPMENTS0.92%DESIGN1.66%
    J0.90%CONSULTANTS1.64%
    PLYMOUTH0.90%ELECTRICAL1.62%
    ENGINEERING0.84%PROPERTIES1.62%
    HOUSE0.66%BUSINESS1.56%
    (SOUTH0.66%J1.54%
    WEST)0.66%CO.,1.50%
    EXETER0.65%GLOBAL1.49%
    MEDIA0.65%INVESTMENTS1.48%
    CARE0.63%ASSOCIATES1.47%
    M0.63%DEVELOPMENTS1.35%
    S0.63%MEDIA1.33%
    DESIGN0.63%IT1.31%
    SW0.60%BUILDING1.29%
    BUILDING0.60%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,028265,608
    99999 - Dormant Company53248,509
    70229 - Management consultancy activities other than financial management28542,290
    82990 - Other business support service activities not elsewhere classified28158,068
    96090 - Other service activities not elsewhere classified24529,009
    74909 - Other professional, scientific and technical activities not elsewhere classified19619,049
    62020 - Information technology consultancy activities19030,178
    41100 - Development of building projects18411,397
    68209 - Other letting and operating of own or leased real estate14711,212
    41202 - Construction of domestic buildings1317,559
    47910 - Retail sale via mail order houses or via Internet12810,107
    56101 - Licensed restaurants1228,782
    98000 - Residents property management1185,255
    86900 - Other human health activities10812,976
    43220 - Plumbing, heat and air-conditioning installation1065,189
    43999 - Other specialised construction activities not elsewhere classified1058,761
    56302 - Public houses and bars1026,285
    62090 - Other information technology service activities9812,837
    85590 - Other education not elsewhere classified966,206
    47990 - Other retail sale not in stores, stalls or markets966,452

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09253936 MOOR EXCHANGE LIMITED 08 Oct 2014
    09270770 SOUTHERNHAY EQUITY INVESTMENTS LIMITED 20 Oct 2014
    09275079 TUREK DENT LTD 22 Oct 2014
    09281797 BRANDPARCEL LIMITED 27 Oct 2014
    09248398 QUALITY HAND CAR WASH (SW) LTD 03 Oct 2014
    09250814 QUALITY CONVENIENCE STORE (SW) LTD 06 Oct 2014
    09250971 MT ALLEN ENGINEERING LIMITED 06 Oct 2014
    09251011 EJWA LIMITED 06 Oct 2014
    09251036 LOCUM & TEACHER LTD 06 Oct 2014
    09260015 THE EXETER BARBER SHOP LIMITED 13 Oct 2014
    09261871 LOVE PREZZIES LTD 13 Oct 2014
    09264347 WESTWOOD HAULAGE LIMITED 15 Oct 2014
    09272835 RAKUDA KITCHEN LIMITED 21 Oct 2014
    09279293 THE FREEVIEW CENTER LIMITED 24 Oct 2014
    09280209 LAWRANCE BENNETT PARTNERS LTD 24 Oct 2014
    09285800 FLEET SERVICE (GREAT BRITAIN) LIMITED 29 Oct 2014
    09258766 UFH CAD LTD 10 Oct 2014
    09265857 DEVON STATUES LIMITED 15 Oct 2014
    09272500 WESTCOUNTRY BUILDING CONTRACTORS LIMITED 21 Oct 2014
    09274505 ON THE GROUND LIMITED 22 Oct 2014
    09275597 EVANS VK LTD 22 Oct 2014
    09282697 17 BS EAST LIMITED 27 Oct 2014
    09286187 UNIREACH LIMITED 29 Oct 2014
    09290348 FARISSPM LIMITED 31 Oct 2014
    09268888 DCCA ACCOUNTANTS AND TAX LIMITED 17 Oct 2014