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

  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. 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.

    YearPenzanceUK
    2013160529,363
    2012119491,893
    2011123452,870
    201086400,358
    200998362,675
    Record Year2013 (160)2013 (529,363)
    New Companies by Year
  2. 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)PenzanceUK
    201377259,931
    201252238,743
    % change48.1%8.9%
    Record Year2003 (88)2013 (259,931)
    New Companies by Half Year
  3. 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)PenzanceUK
    201336127,247
    201228119,875
    % change28.6%6.1%
    Record Year 2013 (36) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201317811
    New companies in 20128128
    % change112.5%-33.3%37.5%
    Record Year2002 (18)2003 (14)2003 (19)

Closed Companies (dissolved)

  1. 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.

    YearPenzanceUK
    201397332,213
    201275293,729
    201186314,524
    2010106342,233
    2009125533,789
    Record Year2009 (125)2009 (533,789)
    Dissolved Companies by Year
  2. 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)PenzanceUK
    201344177,021
    201234145,935
    % change29.4%21.3%
    Record Year2010 (49)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)PenzanceUK
    20132390,851
    20121270,027
    % change91.7%29.7%
    Record Year 2013 (23) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 20134145
    Closed companies in 2012372
    % change33.3%100.0%150%
    Record Year2006 (11)2013 (14)2000 (9)

Net Company Growth

  1. 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.

    YearPenzanceUK
    201363197,150
    201244198,164
    201137138,346
    2010-2058,125
    2009-27-171,114
    Record Year2013 (63)2007 (237,353)
    Net Growth by Year
  2. 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)PenzanceUK
    20133382,910
    20121892,808
    Record Year2003 (62)2003 (117,772)
    Net Growth by Half Year
  3. 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)PenzanceUK
    20131336,396
    20121649,848
    Record Year 2012 (16) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201313-66
    Net growth in 2012556
    Record Year2013 (13)2003 (9)2003 (15)

UK Company Share

  1. 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.

    YearPenzance
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960)2001 (0.0%)
    Company Share by Year
  2. 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
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960) 2003 (0.0%)
    Company Share by Half Year
  3. 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
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960) 1965 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.0%0.0%0.0%
    UK formation share in 20120.0%0.0%0.0%
    % change97.1%-34.3%25.2%
    Record Year1965 (0.2%)1992 (0.1%)1970 (0.1%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    CORNWALL2.52%CONSULTING5.22%
    DEVELOPMENTS1.89%MANAGEMENT4.72%
    CATTRAN1.58%CONSULTANCY3.45%
    WEST1.58%PROPERTY2.59%
    MANAGEMENT1.26%TRADING2.08%
    PROPERTY1.26%ENGINEERING1.87%
    TRADING1.26%LONDON1.86%
    PENZANCE0.95%DESIGN1.76%
    CIC0.95%CONSTRUCTION1.73%
    NEWLYN0.95%CARE1.73%
    CORNISH0.95%BUSINESS1.71%
    ST0.63%CONSULTANTS1.68%
    OFFSHORE0.63%GLOBAL1.58%
    JUST0.63%INVESTMENTS1.56%
    HOUSE0.63%PROPERTIES1.54%
    PROPERTIES0.63%ASSOCIATES1.53%
    ROOM0.63%J1.51%
    IN0.63%MEDIA1.50%
    FRONT0.63%IT1.35%
    FARM0.63%DEVELOPMENTS1.23%
    HOME0.63%M1.23%
    M0.63%BUILDING1.21%
    STEPHENS0.63%ELECTRICAL1.20%
    TRAINING0.63%CAPITAL1.19%
    CONSULTANCY0.63%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied48266,814
    99999 - Dormant Company1246,762
    56101 - Licensed restaurants77,685
    74909 - Other professional, scientific and technical activities not elsewhere classified518,034
    82990 - Other business support service activities not elsewhere classified555,342
    86900 - Other human health activities59,543
    85590 - Other education not elsewhere classified45,698
    96090 - Other service activities not elsewhere classified426,001
    55209 - Other holiday and other collective accommodation4446
    43220 - Plumbing, heat and air-conditioning installation44,687
    56302 - Public houses and bars45,503
    56103 - Take-away food shops and mobile food stands47,010
    03110 - Marine fishing3285
    43999 - Other specialised construction activities not elsewhere classified37,823
    62020 - Information technology consultancy activities327,183
    85200 - Primary education31,213
    96020 - Hairdressing and other beauty treatment36,000
    85600 - Educational support services33,584
    41100 - Development of building projects39,485
    56102 - Unlicensed restaurants and cafes33,873

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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

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