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

  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. 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)DevonUK
    20151,468161,156
    20141,386150,722
    % change5.9%6.9%
    Record Year 2015 (1,468) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2015419455594
    New companies in 2014445397544
    % change-5.8%14.6%9.2%
    Record Year2014 (445)2006 (479)2015 (594)

Closed Companies (dissolved)

  1. 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)DevonUK
    201593689,523
    201477982,370
    % change20.2%8.7%
    Record Year 2015 (936) 2009 (108,066)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2015219372345
    Closed companies in 2014235263281
    % change-6.8%41.4%23%
    Record Year2013 (326)2015 (372)2009 (494)

Net Company Growth

  1. 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)DevonUK
    201553271,633
    201460768,352
    Record Year 2012 (752) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201520083249
    Net growth in 2014210134263
    Record Year2003 (261)2006 (343)2003 (444)

UK Company Share

  1. 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
    20150.9%
    20140.9%
    20131.0%
    20121.0%
    20111.0%
    Record Year (since 1960) 2003 (1.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.9%0.9%1.0%
    UK formation share in 20140.9%0.8%1.0%
    % change-7.7%5.6%-0.5%
    Record Year2003 (1.4%)2003 (1.5%)2003 (1.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.31%CONSULTING5.23%
    DEVON1.43%MANAGEMENT4.56%
    WEST1.25%CONSULTANCY3.62%
    PROPERTY1.25%PROPERTY2.72%
    SOUTH1.25%CONSTRUCTION2.19%
    (SW)1.17%CARE2.13%
    ELECTRICAL1.12%ENGINEERING2.12%
    CONSULTING1.06%LONDON1.91%
    CONSTRUCTION1.00%TRADING1.88%
    CONSULTANCY0.95%TRANSPORT1.82%
    DEVELOPMENTS0.90%ELECTRICAL1.76%
    J0.83%DESIGN1.65%
    PLYMOUTH0.83%PROPERTIES1.63%
    EXETER0.81%CO.,1.58%
    ENGINEERING0.78%J1.55%
    HOUSE0.69%CONSULTANTS1.54%
    (SOUTH0.69%BUSINESS1.49%
    BUILDING0.69%INVESTMENTS1.49%
    WEST)0.67%GLOBAL1.46%
    M0.65%ASSOCIATES1.44%
    SW0.62%DEVELOPMENTS1.36%
    S0.62%BUILDING1.31%
    MEDIA0.59%IT1.30%
    PROPERTIES0.58%MEDIA1.28%
    ASSOCIATES0.58%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,215288,953
    99999 - Dormant Company52349,474
    70229 - Management consultancy activities other than financial management28243,081
    82990 - Other business support service activities not elsewhere classified26258,522
    96090 - Other service activities not elsewhere classified23529,218
    62020 - Information technology consultancy activities19830,825
    41100 - Development of building projects19611,863
    74909 - Other professional, scientific and technical activities not elsewhere classified19219,098
    68209 - Other letting and operating of own or leased real estate15311,600
    98000 - Residents property management1345,308
    41202 - Construction of domestic buildings1307,797
    56101 - Licensed restaurants1298,909
    47910 - Retail sale via mail order houses or via Internet12810,200
    86900 - Other human health activities12513,990
    43220 - Plumbing, heat and air-conditioning installation1155,331
    56302 - Public houses and bars1076,355
    43999 - Other specialised construction activities not elsewhere classified1069,080
    62090 - Other information technology service activities10512,862
    62012 - Business and domestic software development949,651
    43210 - Electrical installation936,139

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09412976 CIRCA EXETER LIMITED 29 Jan 2015
    09374349 RAKESTROW ENGINEERING LTD 05 Jan 2015
    09375195 ROSCHE PARTITIONS LTD 06 Jan 2015
    09392250 HOMEELAP LIMITED 16 Jan 2015
    09394288 EXETER PET RUN LTD 19 Jan 2015
    09396539 KS ELECTRICAL SOLUTIONS LTD 20 Jan 2015
    09398958 ROBERT TAPSFIELD LTD 21 Jan 2015
    09399707 FULL VIEW (UK) LTD 21 Jan 2015
    09401624 FIFIELDS COMMERCIAL LTD 22 Jan 2015
    09380601 BAR ASSOCIATES LIMITED 09 Jan 2015
    09385106 T MILLS AND SONS PROPERTY MAINTENANCE LTD 12 Jan 2015
    09395621 TOO TIPSY LIMITED 19 Jan 2015
    09403679 GEKKO INVESTMENTS LIMITED 23 Jan 2015
    09407784 OCULAR MODS LIMITED 27 Jan 2015
    09413352 ERIN COX JEWELLERY LIMITED 29 Jan 2015
    09391205 SW FOAM & FIBRE LTD 15 Jan 2015
    09390231 VICKI JAY LIMITED 15 Jan 2015
    09407566 SC PRODUCTIONS (DEVON) LIMITED 27 Jan 2015
    09389609 WELCOME HOME BUILDERS LIMITED 15 Jan 2015
    09389923 RIVER EXE CONSTRUCTION LIMITED 15 Jan 2015
    09395439 FAKHOURI TRADING LTD 19 Jan 2015
    09398648 CLEAN AND SEAL 101 LIMITED 21 Jan 2015
    09415289 JV NETWORK UK LTD 30 Jan 2015
    09405597 ARKBOUND LIMITED 26 Jan 2015
    09406266 SOCIAL INSIGHT LTD 26 Jan 2015