Devon
Q1 2015 Business Confidence Report
Headlines
- Q1 2015 saw a new record in company registrations in Devon when compared to any previous Q1.
- Q1 2015 was a record quarter for company registrations in Devon when compared to any quarter in history.
- March 2015 saw a new record in company registrations in Devon when compared to any previous March.
- March 2015 was a record month for company registrations in Devon when compared to any month in history.
- February 2015 saw a new record in company closures in Devon 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 Devon when compared to any previous Q1.
Q1 2015 was a record quarter for company registrations in Devon when compared to any quarter in history.
A total of 1,468 companies were registered in Devon during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 5.9% versus the same period last year (Q1 2014). This figure compares equally 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) Devon UK 2015 1,468 161,156 2014 1,386 150,722 % change 5.9% 6.9% Record Year 2015 (1,468) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 saw a new record in company registrations in Devon when compared to any previous March.
March 2015 was a record month for company registrations in Devon when compared to any month in history.
New Companies by Month
January February March New companies in 2015 419 455 594 New companies in 2014 445 397 544 % change -5.8% 14.6% 9.2% Record Year 2014 (445) 2006 (479) 2015 (594)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 936 companies were dissolved in Devon during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 20.2% versus the same period last year (Q1 2014). This figure compares poorly 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) Devon UK 2015 936 89,523 2014 779 82,370 % change 20.2% 8.7% Record Year 2015 (936) 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 Devon when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2015 219 372 345 Closed companies in 2014 235 263 281 % change -6.8% 41.4% 23% Record Year 2013 (326) 2015 (372) 2009 (494)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Devon during the first quarter of 2015 (Jan 2015 - Mar 2015) was 532 companies.
first quarter (Jan 2015 - Mar 2015) Devon UK 2015 532 71,633 2014 607 68,352 Record Year 2012 (752) 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 200 83 249 Net growth in 2014 210 134 263 Record Year 2003 (261) 2006 (343) 2003 (444)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Devon formed 0.9% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Devon 2015 0.9% 2014 0.9% 2013 1.0% 2012 1.0% 2011 1.0% Record Year (since 1960) 2003 (1.4%) 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 0.9% 0.9% 1.0% UK formation share in 2014 0.9% 0.8% 1.0% % change -7.7% 5.6% -0.5% Record Year 2003 (1.4%) 2003 (1.5%) 2003 (1.5%)
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 47.1.
The percentage of directors under the age of 25 was 8.1% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 2.2% 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 Devon was in 2007 when 35.6% of all directors were female.
31.2% of all director appointments in Devon 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 MANAGEMENT 2.31% CONSULTING 5.23% DEVON 1.43% MANAGEMENT 4.56% WEST 1.25% CONSULTANCY 3.62% PROPERTY 1.25% PROPERTY 2.72% SOUTH 1.25% CONSTRUCTION 2.19% (SW) 1.17% CARE 2.13% ELECTRICAL 1.12% ENGINEERING 2.12% CONSULTING 1.06% LONDON 1.91% CONSTRUCTION 1.00% TRADING 1.88% CONSULTANCY 0.95% TRANSPORT 1.82% DEVELOPMENTS 0.90% ELECTRICAL 1.76% J 0.83% DESIGN 1.65% PLYMOUTH 0.83% PROPERTIES 1.63% EXETER 0.81% CO., 1.58% ENGINEERING 0.78% J 1.55% HOUSE 0.69% CONSULTANTS 1.54% (SOUTH 0.69% BUSINESS 1.49% BUILDING 0.69% INVESTMENTS 1.49% WEST) 0.67% GLOBAL 1.46% M 0.65% ASSOCIATES 1.44% SW 0.62% DEVELOPMENTS 1.36% S 0.62% BUILDING 1.31% MEDIA 0.59% IT 1.30% PROPERTIES 0.58% MEDIA 1.28% ASSOCIATES 0.58% 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 2,215 288,953 99999 - Dormant Company 523 49,474 70229 - Management consultancy activities other than financial management 282 43,081 82990 - Other business support service activities not elsewhere classified 262 58,522 96090 - Other service activities not elsewhere classified 235 29,218 62020 - Information technology consultancy activities 198 30,825 41100 - Development of building projects 196 11,863 74909 - Other professional, scientific and technical activities not elsewhere classified 192 19,098 68209 - Other letting and operating of own or leased real estate 153 11,600 98000 - Residents property management 134 5,308 41202 - Construction of domestic buildings 130 7,797 56101 - Licensed restaurants 129 8,909 47910 - Retail sale via mail order houses or via Internet 128 10,200 86900 - Other human health activities 125 13,990 43220 - Plumbing, heat and air-conditioning installation 115 5,331 56302 - Public houses and bars 107 6,355 43999 - Other specialised construction activities not elsewhere classified 106 9,080 62090 - Other information technology service activities 105 12,862 62012 - Business and domestic software development 94 9,651 43210 - Electrical installation 93 6,139
Recent Companies
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Randomly selected companies from this quarter
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