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Plymouth, Devon

Q1 2011 Business Confidence Report

Headlines

  • Q1 2011 saw a new record in company registrations in Plymouth when compared to any previous Q1.
  • Q1 2011 was a record quarter for company registrations in Plymouth when compared to any quarter in history.
  • February 2011 saw a new record in company registrations in Plymouth when compared to any previous February.
  • January 2011 saw a new record in company registrations in Plymouth when compared to any previous January.
  • Q1 2011 saw a new record in company closures in Plymouth when compared to any previous Q1.
  • January 2011 saw a new record in company closures in Plymouth when compared to any previous January.

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 2011)

    Q1 2011 saw a new record in company registrations in Plymouth when compared to any previous Q1.

    Q1 2011 was a record quarter for company registrations in Plymouth when compared to any quarter in history.

    A total of 276 companies were registered in Plymouth during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 27.2% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)PlymouthUK
    2011276116,391
    2010217105,137
    % change27.2%10.7%
    Record Year 2011 (276) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company registrations in Plymouth when compared to any previous February.

    January 2011 saw a new record in company registrations in Plymouth when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20117099107
    New companies in 2010566893
    % change25.0%45.6%15.1%
    Record Year2011 (70)2011 (99)2007 (108)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Q1 2011 saw a new record in company closures in Plymouth when compared to any previous Q1.

    A total of 187 companies were dissolved in Plymouth during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 12.0% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)PlymouthUK
    201118790,986
    201016782,677
    % change12.0%10.0%
    Record Year 2011 (187) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Plymouth when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011794959
    Closed companies in 2010525263
    % change51.9%-5.8%-6%
    Record Year2011 (79)2010 (52)2009 (77)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Plymouth during the first quarter of 2011 (Jan 2011 - Mar 2011) was 89 companies.

    first quarter (Jan 2011 - Mar 2011)PlymouthUK
    20118925,405
    20105022,460
    Record Year 2007 (165) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-95048
    Net growth in 201041630
    Record Year2003 (46)2007 (63)2007 (78)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Plymouth formed 0.2% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Plymouth
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    Record Year (since 1960) 1963 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.2%0.3%0.2%
    UK formation share in 20100.2%0.2%0.2%
    % change7.9%28.1%9.8%
    Record Year1974 (0.6%)1961 (0.9%)1963 (1.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 45.8.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Plymouth was in 1861 when 40.0% of all directors were female.

    30.2% of all director appointments in Plymouth in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    PLYMOUTH2.81%CONSULTING5.04%
    MANAGEMENT1.69%MANAGEMENT4.97%
    WEST1.55%CONSULTANCY3.16%
    (SW)1.48%PROPERTY2.38%
    SOUTH1.20%TRADING2.10%
    PROPERTY1.20%DESIGN1.93%
    COMMUNITY1.13%ASSOCIATES1.92%
    CIC0.91%BUSINESS1.87%
    MAINTENANCE0.91%CONSTRUCTION1.80%
    ELECTRICAL0.91%CONSULTANTS1.76%
    (SOUTH0.84%MEDIA1.69%
    M0.84%ENGINEERING1.61%
    WEST)0.84%LONDON1.60%
    (PLYMOUTH)0.77%CARE1.45%
    PLUMBING0.77%J1.45%
    J0.70%GLOBAL1.44%
    D0.63%INVESTMENTS1.43%
    CONSULTING0.63%IT1.41%
    CONTRACTORS0.63%PROPERTIES1.36%
    CARE0.63%BUILDING1.34%
    BUILDING0.63%M1.30%
    ENTERPRISES0.63%ELECTRICAL1.28%
    TRUST0.56%S1.24%
    BUSINESS0.56%INTERNATIONAL1.23%
    DEVON0.56%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied337202,798
    7487 - Other business activities10160,968
    82990 - Other business support service activities not elsewhere classified3830,253
    99999 - Dormant Company3818,336
    9999 - Dormant Company3419,765
    70229 - Management consultancy activities other than financial management2316,150
    43210 - Electrical installation223,172
    96090 - Other service activities not elsewhere classified1710,085
    41100 - Development of building projects163,921
    4521 - General construction & civil engineering166,183
    74909 - Other professional, scientific and technical activities not elsewhere classified157,788
    7414 - Business & management consultancy1512,916
    5540 - Bars142,075
    70100 - Activities of head offices142,849
    4534 - Other building installation142,285
    93199 - Other sports activities121,558
    43390 - Other building completion and finishing122,707
    64999 - Financial intermediation not elsewhere classified112,754
    7499 - Non-trading company1111,316
    4545 - Other building completion112,483

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07505024 STUDIO ONE SOUTH WEST LTD 25 Jan 2011
    07485772 GEMSTONE RETAIL LIMITED 07 Jan 2011
    07484934 GEMSTONE OPERATIONS LIMITED 06 Jan 2011
    07484743 SOUTH WEST FLOOR SANDING LIMITED 06 Jan 2011
    07491951 TIER-1-SOLUTIONS LIMITED 13 Jan 2011
    07507540 BLUEFIT SOUTHWEST LIMITED 27 Jan 2011
    07490071 ARE (SW) LTD 12 Jan 2011
    07485562 ARMADA CLEANING SERVICES LIMITED 07 Jan 2011
    07505379 FARADAY MILL MOT & SERVICE CENTRE LTD 26 Jan 2011
    07500616 ACADE LTD 21 Jan 2011
    07500398 JAMIE BROWN PROPERTY CONSULTANTS LIMITED 20 Jan 2011
    07499148 TEC TEAM LTD 19 Jan 2011
    07490601 HIGHLY INTERACTIVE LIMITED 12 Jan 2011
    07490337 MORGAN CLARK ELECTRICAL SERVICES LIMITED 12 Jan 2011
    07488374 DRAYFOSS LIMITED 11 Jan 2011
    07488283 RADHIAH WORLDWIDE SERVICES LTD 11 Jan 2011
    07509029 ELITE PLASTERING SPECIALIST LIMITED 28 Jan 2011
    07503090 KH AVIATION LTD 24 Jan 2011
    07500755 MEDIA COMPUTER & DIGITAL SERVICES UK LTD 21 Jan 2011
    07491458 ADVANCED PLASTERING SYSTEMS LIMITED 13 Jan 2011
    07491175 FINNISH LIMITED 13 Jan 2011
    07492057 LWS (UK) C.I.C. 13 Jan 2011
    07488270 ADVENTURE EYES LTD 11 Jan 2011
    07485257 PLYMOUTH AERIAL SOLUTIONS LTD 07 Jan 2011
    OC360875 PLYMOUTH PATHOLOGY SERVICES LLP 13 Jan 2011