Penzance, Cornwall
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Penzance when compared to any year in history.
- November 2013 saw a new record in company closures in Penzance when compared to any previous November.
- The record second half year for female directors in Penzance was 2013 when 48.4% of all directors were female.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Penzance when compared to any year in history.
A total of 160 companies were formed in Penzance in 2013. This total is 34.5% higher than in 2012 and compares favourably to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Penzance UK 2013 160 529,363 2012 119 491,893 2011 123 452,870 2010 86 400,358 2009 98 362,675 Record Year 2013 (160) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 77 companies were formed in Penzance. This figure is 48.1% higher than last year, which compares well to the UK wide figure of 8.9%.
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 2013 77 259,931 2012 52 238,743 % change 48.1% 8.9% Record Year 2003 (88) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 36 companies were registered in Penzance during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 28.6% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Penzance UK 2013 36 127,247 2012 28 119,875 % change 28.6% 6.1% Record Year 2013 (36) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 17 8 11 New companies in 2012 8 12 8 % change 112.5% -33.3% 37.5% Record Year 2002 (18) 2003 (14) 2003 (19)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 97 companies were dissolved in Penzance in 2013. This total is 29.3% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Penzance UK 2013 97 332,213 2012 75 293,729 2011 86 314,524 2010 106 342,233 2009 125 533,789 Record Year 2009 (125) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 44 companies were dissolved in Penzance. This figure is 29.4% higher than last year, which compares badly to the UK wide change of 21.3%.
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 2013 44 177,021 2012 34 145,935 % change 29.4% 21.3% Record Year 2010 (49) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 23 companies were dissolved in Penzance during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 91.7% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Penzance UK 2013 23 90,851 2012 12 70,027 % change 91.7% 29.7% Record Year 2013 (23) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company closures in Penzance when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2013 4 14 5 Closed companies in 2012 3 7 2 % change 33.3% 100.0% 150% Record Year 2006 (11) 2013 (14) 2000 (9)
Net Company Growth
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Annual Data (2013)
A total of 63 companies were added to the company register for Penzance in 2013. This number represents growth of 39.4% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 19 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Penzance company register grew by 63 companies.
Year Penzance UK 2013 63 197,150 2012 44 198,164 2011 37 138,346 2010 -20 58,125 2009 -27 -171,114 Record Year 2013 (63) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Penzance increased by 33 companies.
Half Year (Jul-Dec) Penzance UK 2013 33 82,910 2012 18 92,808 Record Year 2003 (62) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Penzance during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 13 companies.
fourth quarter (Oct 2013 - Dec 2013) Penzance UK 2013 13 36,396 2012 16 49,848 Record Year 2012 (16) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 13 -6 6 Net growth in 2012 5 5 6 Record Year 2013 (13) 2003 (9) 2003 (15)
UK Company Share
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Annual Data (2013)
In 2013 Penzance formed 0.0% of all UK companies. This is no change on 2012 when Penzance was responsible for 0.0% of all UK companies.
Year Penzance 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% Record Year (since 1960) 2001 (0.0%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Penzance formed 0.0% of all UK companies. This is the same as the 2012 figure of 0.0%.
Half Year (Jul-Dec) Penzance 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% Record Year (since 1960) 2003 (0.0%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Penzance formed 0.0% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Penzance 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% Record Year (since 1960) 1965 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.0% 0.0% 0.0% UK formation share in 2012 0.0% 0.0% 0.0% % change 97.1% -34.3% 25.2% Record Year 1965 (0.2%) 1992 (0.1%) 1970 (0.1%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 45.9.
The percentage of directors under the age of 25 was 7.0% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 44.2.
The percentage of directors under the age of 25 was 6.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 46.2.
The percentage of directors under the age of 25 was 7.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Penzance was 1980 when 50.0% of all directors were female.
The percentage of female directors in Penzance in 2013 was 42.9%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Penzance was 2013 when 48.4% of all directors were female.
48.4% of all director appointments in Penzance in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Penzance was in 2004 when 47.7% of all directors were female.
46.9% of all director appointments in Penzance in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.52% CONSULTING 5.22% DEVELOPMENTS 1.89% MANAGEMENT 4.72% CATTRAN 1.58% CONSULTANCY 3.45% WEST 1.58% PROPERTY 2.59% MANAGEMENT 1.26% TRADING 2.08% PROPERTY 1.26% ENGINEERING 1.87% TRADING 1.26% LONDON 1.86% PENZANCE 0.95% DESIGN 1.76% CIC 0.95% CONSTRUCTION 1.73% NEWLYN 0.95% CARE 1.73% CORNISH 0.95% BUSINESS 1.71% ST 0.63% CONSULTANTS 1.68% OFFSHORE 0.63% GLOBAL 1.58% JUST 0.63% INVESTMENTS 1.56% HOUSE 0.63% PROPERTIES 1.54% PROPERTIES 0.63% ASSOCIATES 1.53% ROOM 0.63% J 1.51% IN 0.63% MEDIA 1.50% FRONT 0.63% IT 1.35% FARM 0.63% DEVELOPMENTS 1.23% HOME 0.63% M 1.23% M 0.63% BUILDING 1.21% STEPHENS 0.63% ELECTRICAL 1.20% TRAINING 0.63% CAPITAL 1.19% CONSULTANCY 0.63% ENERGY 1.14%
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 48 266,814 99999 - Dormant Company 12 46,762 56101 - Licensed restaurants 7 7,685 74909 - Other professional, scientific and technical activities not elsewhere classified 5 18,034 82990 - Other business support service activities not elsewhere classified 5 55,342 86900 - Other human health activities 5 9,543 85590 - Other education not elsewhere classified 4 5,698 96090 - Other service activities not elsewhere classified 4 26,001 55209 - Other holiday and other collective accommodation 4 446 43220 - Plumbing, heat and air-conditioning installation 4 4,687 56302 - Public houses and bars 4 5,503 56103 - Take-away food shops and mobile food stands 4 7,010 03110 - Marine fishing 3 285 43999 - Other specialised construction activities not elsewhere classified 3 7,823 62020 - Information technology consultancy activities 3 27,183 85200 - Primary education 3 1,213 96020 - Hairdressing and other beauty treatment 3 6,000 85600 - Educational support services 3 3,584 41100 - Development of building projects 3 9,485 56102 - Unlicensed restaurants and cafes 3 3,873
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08797703 DTKM LTD 02 Dec 2013 08798207 PORTHLEVEN PROPERTY SERVICES LTD 02 Dec 2013 08799276 BRANWELLS MILL RESTAURANT LIMITED 02 Dec 2013 08799582 STUDIO BAR (PENZANCE) LIMITED 03 Dec 2013 08804725 CB CHILDCARE CONSULTANCY LTD 06 Dec 2013 08807735 CULTURAL THREADS C.I.C. 09 Dec 2013 08815421 WD TRANSFERS LTD 16 Dec 2013 08821923 DUCHY TRACTORS LIMITED 19 Dec 2013 08822121 THE FRONT ROOM 83 LIMITED 20 Dec 2013 08827163 FALMOUTH ELECTRIC LTD 30 Dec 2013 08827653 NEWLYN PHARMACY LIMITED 30 Dec 2013