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
New Company Registrations
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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.
Year Devon UK 2014 5,378 582,051 2013 5,157 529,363 2012 4,701 491,893 2011 4,393 452,870 2010 3,961 400,358 Record Year 2014 (5,378) 2014 (582,051) New Companies by Year
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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) Devon UK 2014 2,595 281,320 2013 2,429 259,931 % change 6.8% 8.2% Record Year 2014 (2,595) 2014 (281,320) New Companies by Half Year
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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) Devon UK 2014 1,285 137,906 2013 1,221 127,247 % change 5.2% 8.4% Record Year 2014 (1,285) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 510 402 373 New companies in 2013 456 411 354 % change 11.8% -2.2% 5.4% Record Year 2014 (510) 2013 (411) 2014 (373)
Closed Companies (dissolved)
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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.
Year Devon UK 2014 3,699 367,937 2013 3,300 332,213 2012 2,707 293,729 2011 2,769 314,524 2010 3,187 342,233 Record Year 2009 (4,064) 2009 (533,789) Dissolved Companies by Year
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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) Devon UK 2014 1,934 190,730 2013 1,796 177,021 % change 7.7% 7.7% Record Year 2014 (1,934) 2009 (244,544) Dissolved Companies by Half Year
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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) Devon UK 2014 884 89,060 2013 909 90,851 % change -2.8% -2.0% Record Year 2013 (909) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 267 280 337 Closed companies in 2013 310 283 316 % change -13.9% -1.1% 7% Record Year 2013 (310) 2010 (323) 2014 (337)
Net Company Growth
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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.
Year Devon UK 2014 1,679 214,114 2013 1,857 197,150 2012 1,994 198,164 2011 1,624 138,346 2010 774 58,125 Record Year 2006 (2,071) 2007 (237,353) Net Growth by Year
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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) Devon UK 2014 661 90,590 2013 633 82,910 Record Year 2003 (1,588) 2003 (117,772) Net Growth by Half Year
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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) Devon UK 2014 401 48,846 2013 312 36,396 Record Year 2012 (456) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 243 122 36 Net growth in 2013 146 128 38 Record Year 2003 (363) 2002 (250) 2002 (234)
UK Company Share
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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.
Year Devon 2014 0.9% 2013 1.0% 2012 1.0% 2011 1.0% 2010 1.0% Record Year (since 1960) 2002 (1.3%) Company Share by Year
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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 2014 0.9% 2013 0.9% 2012 0.9% 2011 1.0% 2010 1.0% Record Year (since 1960) 2002 (1.4%) Company Share by Half Year
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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 2014 0.9% 2013 1.0% 2012 0.9% 2011 1.0% 2010 1.0% Record Year (since 1960) 2002 (1.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 1.0% 0.9% 0.9% UK formation share in 2013 0.9% 1.0% 1.0% % change 6.4% -7.1% -9.8% Record Year 2002 (1.3%) 2002 (1.5%) 2002 (1.5%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.31% CONSULTING 5.22% DEVON 1.46% MANAGEMENT 4.58% WEST 1.39% CONSULTANCY 3.57% SOUTH 1.39% PROPERTY 2.66% (SW) 1.14% CONSTRUCTION 2.12% PROPERTY 1.14% ENGINEERING 2.10% CONSULTING 1.01% CARE 2.02% ELECTRICAL 1.01% TRADING 1.94% CONSTRUCTION 1.00% LONDON 1.93% CONSULTANCY 0.97% TRANSPORT 1.93% DEVELOPMENTS 0.92% DESIGN 1.66% J 0.90% CONSULTANTS 1.64% PLYMOUTH 0.90% ELECTRICAL 1.62% ENGINEERING 0.84% PROPERTIES 1.62% HOUSE 0.66% BUSINESS 1.56% (SOUTH 0.66% J 1.54% WEST) 0.66% CO., 1.50% EXETER 0.65% GLOBAL 1.49% MEDIA 0.65% INVESTMENTS 1.48% CARE 0.63% ASSOCIATES 1.47% M 0.63% DEVELOPMENTS 1.35% S 0.63% MEDIA 1.33% DESIGN 0.63% IT 1.31% SW 0.60% BUILDING 1.29% BUILDING 0.60% M 1.22%
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 2,028 265,608 99999 - Dormant Company 532 48,509 70229 - Management consultancy activities other than financial management 285 42,290 82990 - Other business support service activities not elsewhere classified 281 58,068 96090 - Other service activities not elsewhere classified 245 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 196 19,049 62020 - Information technology consultancy activities 190 30,178 41100 - Development of building projects 184 11,397 68209 - Other letting and operating of own or leased real estate 147 11,212 41202 - Construction of domestic buildings 131 7,559 47910 - Retail sale via mail order houses or via Internet 128 10,107 56101 - Licensed restaurants 122 8,782 98000 - Residents property management 118 5,255 86900 - Other human health activities 108 12,976 43220 - Plumbing, heat and air-conditioning installation 106 5,189 43999 - Other specialised construction activities not elsewhere classified 105 8,761 56302 - Public houses and bars 102 6,285 62090 - Other information technology service activities 98 12,837 85590 - Other education not elsewhere classified 96 6,206 47990 - Other retail sale not in stores, stalls or markets 96 6,452
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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