Plymouth, Devon

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 was a record quarter for company registrations in Plymouth when compared to any quarter in history.
  • February 2014 saw a new record in company closures in Plymouth when compared to any previous February.
  • January 2014 saw a new record in net growth 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 2014)

    Q1 2014 was a record quarter for company registrations in Plymouth when compared to any quarter in history.

    A total of 309 companies were registered in Plymouth during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a difference of 0.0% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)PlymouthUK
    2014309150,722
    2013309134,802
    % change0.0%11.8%
    Record Year 2012 (309) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20149996114
    New companies in 20139999111
    % change0.0%-3.0%2.7%
    Record Year2013 (99)2011 (99)2012 (126)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 168 companies were dissolved in Plymouth during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 0.6% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)PlymouthUK
    201416882,370
    201316777,914
    % change0.6%5.7%
    Record Year 2011 (187) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Plymouth when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014475764
    Closed companies in 2013665348
    % change-28.8%7.5%33%
    Record Year2011 (79)2014 (57)2009 (77)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Plymouth during the first quarter of 2014 (Jan 2014 - Mar 2014) was 141 companies.

    first quarter (Jan 2014 - Mar 2014)PlymouthUK
    201414168,352
    201314256,888
    Record Year 2012 (187) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in net growth in Plymouth when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014523950
    Net growth in 2013334663
    Record Year2014 (52)2007 (63)2012 (88)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Plymouth formed 0.2% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Plymouth
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1963 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-6.4%-10.5%-14.3%
    Record Year1971 (0.4%)2011 (0.3%)1963 (1.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 44.7.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Plymouth was in 2013 when 34.4% of all directors were female.

    26.7% of all director appointments in Plymouth in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    PLYMOUTH2.55%CONSULTING5.22%
    MANAGEMENT1.70%MANAGEMENT4.67%
    SOUTH1.64%CONSULTANCY3.49%
    WEST1.47%PROPERTY2.64%
    PROPERTY1.47%TRADING2.05%
    (PLYMOUTH)0.96%LONDON1.88%
    CARE0.79%ENGINEERING1.86%
    DEVELOPMENTS0.79%CARE1.79%
    TRADING0.74%CONSTRUCTION1.75%
    CONSULTANCY0.74%DESIGN1.75%
    (SW)0.68%CONSULTANTS1.73%
    PROPERTIES0.68%BUSINESS1.71%
    J0.68%PROPERTIES1.60%
    ELECTRICAL0.62%INVESTMENTS1.60%
    (SOUTH0.62%GLOBAL1.58%
    WEST)0.62%J1.48%
    PLUMBING0.62%ASSOCIATES1.48%
    SW0.62%MEDIA1.48%
    CONSTRUCTION0.57%IT1.33%
    CONSULTING0.57%TRANSPORT1.30%
    ENERGY0.57%DEVELOPMENTS1.29%
    S0.57%BUILDING1.24%
    FITNESS0.57%M1.21%
    SAFETY0.51%CAPITAL1.20%
    WESTCOUNTRY0.51%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied528280,210
    99999 - Dormant Company10147,084
    70229 - Management consultancy activities other than financial management6137,882
    74909 - Other professional, scientific and technical activities not elsewhere classified5018,491
    41100 - Development of building projects479,855
    82990 - Other business support service activities not elsewhere classified3856,411
    96090 - Other service activities not elsewhere classified3626,700
    62020 - Information technology consultancy activities3327,750
    56302 - Public houses and bars305,732
    47990 - Other retail sale not in stores, stalls or markets295,988
    43390 - Other building completion and finishing285,521
    43210 - Electrical installation285,885
    68209 - Other letting and operating of own or leased real estate279,284
    56101 - Licensed restaurants277,965
    98000 - Residents property management274,832
    43220 - Plumbing, heat and air-conditioning installation254,866
    56103 - Take-away food shops and mobile food stands237,300
    43999 - Other specialised construction activities not elsewhere classified238,155
    62090 - Other information technology service activities2212,813
    86900 - Other human health activities2210,273

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08883501 MATECHPOWER UK LTD 10 Feb 2014
    08891809 CHRIS NEWTON MORTGAGE SERVICES LIMITED 12 Feb 2014
    08892285 PLYMOUTH MECHANIC AND CAR SALES LTD 13 Feb 2014
    08896586 FLOATING BEDZ LTD 17 Feb 2014
    08914119 CELTIC BARBERS LIMITED 27 Feb 2014
    08916517 JRX LC GROUP LTD 28 Feb 2014
    08898925 PORTUK IMPORT EXPORT LIMITED 17 Feb 2014
    08899916 BLACKSAND DESIGN LIMITED 18 Feb 2014
    08906494 SALT QUAY TRADING LTD. 21 Feb 2014
    08914034 T & F DECORATORS LTD 27 Feb 2014
    08894697 ZARB CHAMPAGNE UK LIMITED 14 Feb 2014
    08916933 SOGNI D'ORO LTD 28 Feb 2014
    08917322 FESTIVAL FRIEND LTD 28 Feb 2014
    08888214 SCISSOR WAREHOUSE LIMITED 12 Feb 2014
    OC391344 SEDDON CAPITAL LLP 19 Feb 2014
    08895007 ATTOLLO PROFICO LTD 14 Feb 2014
    08909662 VERTUS TRADING LTD 25 Feb 2014
    08911806 SOUTH WEST REMOVALS & STORAGE LTD 25 Feb 2014
    08873376 STAR TRANSPORT AND REMOVALS LTD 03 Feb 2014
    08881826 HC HEADINGS LIMITED 07 Feb 2014
    08881326 REESTART LTD. 07 Feb 2014
    08903117 WESTCOUNTRY PARTNERSHIPS LTD 19 Feb 2014
    08881884 POWER BOUNCE FITNESS LTD 07 Feb 2014
    08882305 ON COURSE LEADERSHIP LIMITED 07 Feb 2014
    08888392 GOLDEN GRILL TAKEAWAY LTD 12 Feb 2014