Paignton, Devon
2014 Annual Business Confidence Report
Headlines
- October 2014 saw a new record in company registrations in Paignton when compared to any previous October.
- 2014 was a record year for company closures in Paignton when compared to any year in history.
- December 2014 saw a new record in company closures in Paignton when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
A total of 185 companies were formed in Paignton in 2014. This total is 26.9% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Paignton UK 2014 185 582,051 2013 253 529,363 2012 163 491,893 2011 146 452,870 2010 125 400,358 Record Year 2006 (283) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 91 companies were formed in Paignton. This figure is 5.8% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Paignton occurred in 2003 when a total of 95 were formed.
Half Year (Jul-Dec) Paignton UK 2014 91 281,320 2013 86 259,931 % change 5.8% 8.2% Record Year 2003 (95) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 45 companies were registered in Paignton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a difference of 0.0% 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) Paignton UK 2014 45 137,906 2013 45 127,247 % change 0.0% 8.4% Record Year 2014 (45) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in company registrations in Paignton when compared to any previous October.
New Companies by Month
October November December New companies in 2014 27 11 7 New companies in 2013 21 15 9 % change 28.6% -26.7% -22.2% Record Year 2014 (27) 2003 (20) 2002 (16)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Paignton when compared to any year in history.
A total of 256 companies were dissolved in Paignton in 2014. This total is 26.7% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Paignton UK 2014 256 367,937 2013 202 332,213 2012 89 293,729 2011 93 314,524 2010 104 342,233 Record Year 2014 (256) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 159 companies were dissolved in Paignton. This figure is 7.4% higher than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Paignton occurred in 2007 when a total of 173 were closed.
Half Year (Jul-Dec) Paignton UK 2014 159 190,730 2013 148 177,021 % change 7.4% 7.7% Record Year 2007 (173) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 71 companies were dissolved in Paignton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 1.4% versus the same period last year (Q4 2013). This figure compares poorly 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) Paignton UK 2014 71 89,060 2013 70 90,851 % change 1.4% -2.0% Record Year 2007 (152) 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 Paignton when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 20 18 33 Closed companies in 2013 24 20 26 % change -16.7% -10.0% 27% Record Year 2013 (24) 2007 (146) 2014 (33)
Net Company Growth
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Annual Data (2014)
A total of -71 companies were removed to the company register for Paignton in 2014. This number represents decline of 38.4% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 122 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2006 when the Paignton company register grew by 213 companies.
Year Paignton UK 2014 -71 214,114 2013 51 197,150 2012 74 198,164 2011 53 138,346 2010 21 58,125 Record Year 2006 (213) 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 Paignton decreased by 68 companies.
Half Year (Jul-Dec) Paignton UK 2014 -68 90,590 2013 -62 82,910 Record Year 2003 (69) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Paignton during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was -26 companies.
fourth quarter (Oct 2014 - Dec 2014) Paignton UK 2014 -26 48,846 2013 -25 36,396 Record Year 2008 (18) 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 7 -7 -26 Net growth in 2013 -3 -5 -17 Record Year 2007 (15) 2003 (19) 2002 (15)
UK Company Share
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Annual Data (2014)
In 2014 Paignton formed 0.0% of all UK companies. This is no change on 2013 when Paignton was responsible for 0.0% of all UK companies.
Year Paignton 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 2006 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Paignton formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.
Half Year (Jul-Dec) Paignton 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1998 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Paignton formed 0.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Paignton 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1998 (0.0%) 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 0.1% 0.0% 0.0% UK formation share in 2013 0.0% 0.0% 0.0% % change 22.2% -30.5% -33.5% Record Year 2007 (0.1%) 1989 (0.1%) 2002 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 46.8.
The percentage of directors under the age of 25 was 9.8% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 2.5% 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 46.2.
The percentage of directors under the age of 25 was 8.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.2% 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 46.3.
The percentage of directors under the age of 25 was 8.1% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 2.7% 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 Paignton was 1964 when 66.7% of all directors were female.
The percentage of female directors in Paignton in 2014 was 30.5%. 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 Paignton was 2005 when 44.4% of all directors were female.
32.3% of all director appointments in Paignton 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 Paignton was in 2005 when 46.7% of all directors were female.
27.0% of all director appointments in Paignton 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 2.86% CONSULTING 5.22% TORBAY 1.82% MANAGEMENT 4.58% ROLYS 1.56% CONSULTANCY 3.57% FUDGE 1.56% PROPERTY 2.66% PANTRY 1.30% CONSTRUCTION 2.12% DEVON 1.04% ENGINEERING 2.10% TREE 1.04% CARE 2.02% HOUSE 1.04% TRADING 1.94% CONSULTANTS 0.78% LONDON 1.93% R 0.78% TRANSPORT 1.93% SECURITY 0.78% DESIGN 1.66% CHRIS 0.78% CONSULTANTS 1.64% ENERGY 0.78% ELECTRICAL 1.62% MAINTENANCE 0.78% PROPERTIES 1.62% D 0.78% BUSINESS 1.56% SOUTH 0.78% J 1.54% CONSTRUCTION 0.78% CO., 1.50% INTO 0.78% GLOBAL 1.49% PROPERTY 0.78% INVESTMENTS 1.48% CONSULTANCY 0.52% ASSOCIATES 1.47% LAND 0.52% DEVELOPMENTS 1.35% OAK 0.52% MEDIA 1.33% RIVER 0.52% IT 1.31% (TORQUAY) 0.52% BUILDING 1.29% RAIL 0.52% 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 143 265,608 99999 - Dormant Company 35 48,509 41202 - Construction of domestic buildings 8 7,559 43220 - Plumbing, heat and air-conditioning installation 7 5,189 82990 - Other business support service activities not elsewhere classified 7 58,068 68320 - Management of real estate on a fee or contract basis 7 6,010 64999 - Financial intermediation not elsewhere classified 6 6,083 98000 - Residents property management 6 5,255 43210 - Electrical installation 6 5,985 96090 - Other service activities not elsewhere classified 5 29,009 41100 - Development of building projects 5 11,397 70229 - Management consultancy activities other than financial management 5 42,290 43999 - Other specialised construction activities not elsewhere classified 5 8,761 47910 - Retail sale via mail order houses or via Internet 5 10,107 85590 - Other education not elsewhere classified 4 6,206 56101 - Licensed restaurants 4 8,782 62020 - Information technology consultancy activities 4 30,178 80100 - Private security activities 4 3,128 62090 - Other information technology service activities 4 12,837 63990 - Other information service activities not elsewhere classified 4 6,157
Recent Companies
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Randomly selected companies from this quarter