Penzance, Cornwall
2012 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2012)
A total of 119 companies were formed in Penzance in 2012. This total is 3.3% lower than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Penzance UK 2012 119 491,893 2011 123 452,870 2010 86 400,358 2009 98 362,675 2008 108 349,203 Record Year 2003 (152) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 52 companies were formed in Penzance. This figure is 5.5% lower than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in Penzance occurred in 2003 when a total of 88 were formed.
Half Year (Jul-Dec) Penzance UK 2012 52 238,743 2011 55 224,135 % change -5.5% 6.5% Record Year 2003 (88) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 28 companies were registered in Penzance during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 3.4% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Penzance UK 2012 28 119,875 2011 29 109,623 % change -3.4% 9.4% Record Year 2003 (46) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
New Companies by Month
October November December New companies in 2012 8 12 8 New companies in 2011 11 10 8 % change -27.3% 20.0% 0.0% Record Year 2002 (18) 2003 (14) 2003 (19)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 75 companies were dissolved in Penzance in 2012. This total is 12.8% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.
Year Penzance UK 2012 75 293,728 2011 86 314,524 2010 106 342,233 2009 125 533,787 2008 55 237,873 Record Year 2009 (125) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 34 companies were dissolved in Penzance. This figure is 19.0% lower than last year, which compares well to the UK wide change of -4.1%.
The highest total for a second half year in Penzance occurred in 2010 when a total of 49 were closed.
Half Year (Jul-Dec) Penzance UK 2012 34 145,934 2011 42 152,213 % change -19.0% -4.1% Record Year 2010 (49) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 12 companies were dissolved in Penzance during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 36.8% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Penzance UK 2012 12 70,026 2011 19 79,983 % change -36.8% -12.4% Record Year 2006 (21) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Dissolved Companies by Month
October November December Closed companies in 2012 3 7 2 Closed companies in 2011 6 8 5 % change -50.0% -12.5% -60% Record Year 2006 (11) 2011 (8) 2008 (9)
Net Company Growth
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Annual Data (2012)
A total of 44 companies were added to the company register for Penzance in 2012. This number represents growth of 35.8% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 7 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Penzance company register grew by 94 companies.
Year Penzance UK 2012 44 198,165 2011 37 138,346 2010 -20 58,125 2009 -27 -171,112 2008 53 111,330 Record Year 2003 (94) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Penzance increased by 18 companies.
Half Year (Jul-Dec) Penzance UK 2012 18 92,809 2011 13 71,922 Record Year 2003 (62) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Penzance during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 16 companies.
fourth quarter (Oct 2012 - Dec 2012) Penzance UK 2012 16 49,849 2011 10 29,640 Record Year 2003 (37) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 5 5 6 Net growth in 2011 5 2 3 Record Year 2002 (12) 2003 (9) 2003 (15)
UK Company Share
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Annual Data (2012)
In 2012 Penzance formed 0.0% of all UK companies. This is no change on 2011 when Penzance was responsible for 0.0% of all UK companies.
Year Penzance 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% Record Year (since 1960) 1970 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Penzance formed 0.0% of all UK companies. This is the same as the 2011 figure of 0.0%.
Half Year (Jul-Dec) Penzance 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% Record Year (since 1960) 1970 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Penzance formed 0.0% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Penzance 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% Record Year (since 1960) 1963 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.0% 0.0% 0.0% UK formation share in 2011 0.0% 0.0% 0.0% % change -38.7% 14.1% -2.7% Record Year 1965 (0.2%) 1969 (0.2%) 1963 (0.3%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 46.2.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 44.1.
The percentage of directors under the age of 25 was 10.0% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 43.2.
The percentage of directors under the age of 25 was 9.4% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Penzance was 1860 when 35.7% of all directors were female.
The percentage of female directors in Penzance in 2012 was 39.8%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Penzance was 1860 when 42.9% of all directors were female.
43.8% of all director appointments in Penzance in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Penzance was in 1977 when 31.2% of all directors were female.
48.6% of all director appointments in Penzance in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENTERPRISES 2.50% CONSULTING 5.15% PENWITH 2.08% MANAGEMENT 4.78% CORNWALL 1.67% CONSULTANCY 3.31% CONSULTANCY 1.25% PROPERTY 2.40% WEST 1.25% TRADING 2.03% DESIGN 1.25% DESIGN 1.86% CIC 1.25% ASSOCIATES 1.82% CORNISH 1.25% ENGINEERING 1.79% INN 0.83% BUSINESS 1.76% FINANCE 0.83% CONSULTANTS 1.75% ST 0.83% CONSTRUCTION 1.69% CAPE 0.83% LONDON 1.69% ENGINEERING 0.83% MEDIA 1.69% TRUST 0.83% GLOBAL 1.59% JT 0.83% J 1.57% HOUSE 0.83% INVESTMENTS 1.46% HEATING 0.83% IT 1.43% SOUTH 0.83% CARE 1.39% HOMES 0.83% PROPERTIES 1.34% IN 0.83% M 1.26% TRAVEL 0.83% BUILDING 1.23% TRANSPORT 0.83% ENTERPRISES 1.21% WORLDWIDE 0.42% TRAINING 1.18% MANAGEMENT 0.42% ELECTRICAL 1.17% LONGSTONE 0.42% SECURITY 1.17%
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 48 236,139 99999 - Dormant Company 9 40,648 82990 - Other business support service activities not elsewhere classified 6 52,427 74909 - Other professional, scientific and technical activities not elsewhere classified 6 15,572 56101 - Licensed restaurants 5 6,400 96090 - Other service activities not elsewhere classified 5 22,058 85590 - Other education not elsewhere classified 4 4,677 55209 - Other holiday and other collective accommodation 4 339 7487 - Other business activities 4 10,703 56103 - Take-away food shops and mobile food stands 4 5,132 56302 - Public houses and bars 4 4,543 96020 - Hairdressing and other beauty treatment 3 4,759 85600 - Educational support services 3 2,590 41202 - Construction of domestic buildings 3 4,882 86900 - Other human health activities 3 7,866 90010 - Performing arts 3 1,779 41100 - Development of building projects 3 7,980 56102 - Unlicensed restaurants and cafes 2 2,936 33150 - Repair and maintenance of ships and boats 2 133 32300 - Manufacture of sports goods 2 117
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08315410 WENCHES IN TRENCHES LIMITED 03 Dec 2012 08318742 CORNISH CONVENIENCE LIMITED 05 Dec 2012 08321992 SOULSTRUCK LIMITED 06 Dec 2012 08322676 SOUTH WEST TREASURY SERVICES LIMITED 07 Dec 2012 08336113 TAMINORIE LIMITED 19 Dec 2012 08342502 PEOPLE CENTRED FIRST LIMITED 28 Dec 2012 08342775 JT CARPENTERS LTD 31 Dec 2012 08342864 JT CARPENTRS LTD 31 Dec 2012