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
New Company Registrations
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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) Plymouth UK 2014 309 150,722 2013 309 134,802 % change 0.0% 11.8% Record Year 2012 (309) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
New Companies by Month
January February March New companies in 2014 99 96 114 New companies in 2013 99 99 111 % change 0.0% -3.0% 2.7% Record Year 2013 (99) 2011 (99) 2012 (126)
Closed Companies (dissolved)
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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) Plymouth UK 2014 168 82,370 2013 167 77,914 % change 0.6% 5.7% Record Year 2011 (187) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2014 47 57 64 Closed companies in 2013 66 53 48 % change -28.8% 7.5% 33% Record Year 2011 (79) 2014 (57) 2009 (77)
Net Company Growth
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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) Plymouth UK 2014 141 68,352 2013 142 56,888 Record Year 2012 (187) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2014 52 39 50 Net growth in 2013 33 46 63 Record Year 2014 (52) 2007 (63) 2012 (88)
UK Company Share
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1963 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change -6.4% -10.5% -14.3% Record Year 1971 (0.4%) 2011 (0.3%) 1963 (1.0%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PLYMOUTH 2.55% CONSULTING 5.22% MANAGEMENT 1.70% MANAGEMENT 4.67% SOUTH 1.64% CONSULTANCY 3.49% WEST 1.47% PROPERTY 2.64% PROPERTY 1.47% TRADING 2.05% (PLYMOUTH) 0.96% LONDON 1.88% CARE 0.79% ENGINEERING 1.86% DEVELOPMENTS 0.79% CARE 1.79% TRADING 0.74% CONSTRUCTION 1.75% CONSULTANCY 0.74% DESIGN 1.75% (SW) 0.68% CONSULTANTS 1.73% PROPERTIES 0.68% BUSINESS 1.71% J 0.68% PROPERTIES 1.60% ELECTRICAL 0.62% INVESTMENTS 1.60% (SOUTH 0.62% GLOBAL 1.58% WEST) 0.62% J 1.48% PLUMBING 0.62% ASSOCIATES 1.48% SW 0.62% MEDIA 1.48% CONSTRUCTION 0.57% IT 1.33% CONSULTING 0.57% TRANSPORT 1.30% ENERGY 0.57% DEVELOPMENTS 1.29% S 0.57% BUILDING 1.24% FITNESS 0.57% M 1.21% SAFETY 0.51% CAPITAL 1.20% WESTCOUNTRY 0.51% ELECTRICAL 1.19%
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 528 280,210 99999 - Dormant Company 101 47,084 70229 - Management consultancy activities other than financial management 61 37,882 74909 - Other professional, scientific and technical activities not elsewhere classified 50 18,491 41100 - Development of building projects 47 9,855 82990 - Other business support service activities not elsewhere classified 38 56,411 96090 - Other service activities not elsewhere classified 36 26,700 62020 - Information technology consultancy activities 33 27,750 56302 - Public houses and bars 30 5,732 47990 - Other retail sale not in stores, stalls or markets 29 5,988 43390 - Other building completion and finishing 28 5,521 43210 - Electrical installation 28 5,885 68209 - Other letting and operating of own or leased real estate 27 9,284 56101 - Licensed restaurants 27 7,965 98000 - Residents property management 27 4,832 43220 - Plumbing, heat and air-conditioning installation 25 4,866 56103 - Take-away food shops and mobile food stands 23 7,300 43999 - Other specialised construction activities not elsewhere classified 23 8,155 62090 - Other information technology service activities 22 12,813 86900 - Other human health activities 22 10,273
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
reports
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