Plymouth, Devon

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Plymouth when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Plymouth when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Plymouth when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Plymouth when compared to any previous December.
  • October 2014 saw a new record in company registrations in Plymouth when compared to any previous October.
  • 2014 was a record year for company closures in Plymouth when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Plymouth when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company closures in Plymouth when compared to any half year in history.
  • December 2014 saw a new record in company closures in Plymouth when compared to any previous December.

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 (2014)

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

    A total of 1,228 companies were formed in Plymouth in 2014. This total is 6.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearPlymouthUK
    20141,228582,051
    20131,156529,363
    20121,049491,893
    20111,000452,870
    2010866400,358
    Record Year2014 (1,228)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Plymouth when compared to any previous second half year.

    In the second half of 2014 a total of 590 companies were formed in Plymouth. This figure is 7.9% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Plymouth occurred in 2014 when a total of 590 were formed.

    Half Year (Jul-Dec)PlymouthUK
    2014590281,320
    2013547259,931
    % change7.9%8.2%
    Record Year2014 (590)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Plymouth when compared to any previous Q4.

    A total of 288 companies were registered in Plymouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 9.1% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)PlymouthUK
    2014288137,906
    2013264127,247
    % change9.1%8.4%
    Record Year 2014 (288) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Plymouth when compared to any previous December.

    October 2014 saw a new record in company registrations in Plymouth when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20141069290
    New companies in 20131029171
    % change3.9%1.1%26.8%
    Record Year2014 (106)2002 (96)2014 (90)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Plymouth when compared to any year in history.

    A total of 805 companies were dissolved in Plymouth in 2014. This total is 12.6% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearPlymouthUK
    2014805367,937
    2013715332,213
    2012578293,729
    2011571314,524
    2010606342,233
    Record Year2014 (805)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Plymouth when compared to any previous second half year.

    The second half of 2014 was a record second half year for company closures in Plymouth when compared to any half year in history.

    In the second half of 2014 a total of 421 companies were dissolved in Plymouth. This figure is 11.4% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Plymouth occurred in 2014 when a total of 421 were closed.

    Half Year (Jul-Dec)PlymouthUK
    2014421190,730
    2013378177,021
    % change11.4%7.7%
    Record Year2014 (421)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 191 companies were dissolved in Plymouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 3.0% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)PlymouthUK
    201419189,060
    201319790,851
    % change-3.0%-2.0%
    Record Year 2013 (197) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014636068
    Closed companies in 2013725867
    % change-12.5%3.4%1%
    Record Year2013 (72)2010 (76)2014 (68)

Net Company Growth

  1. Annual Data (2014)

    A total of 423 companies were added to the company register for Plymouth in 2014. This number represents growth of 34.4% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 18 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Plymouth company register grew by 471 companies.

    YearPlymouthUK
    2014423214,114
    2013441197,150
    2012471198,164
    2011429138,346
    201026058,125
    Record Year2012 (471)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Plymouth increased by 169 companies.

    Half Year (Jul-Dec)PlymouthUK
    201416990,590
    201316982,910
    Record Year2002 (282)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Plymouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 97 companies.

    fourth quarter (Oct 2014 - Dec 2014)PlymouthUK
    20149748,846
    20136736,396
    Record Year 2011 (105) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014433222
    Net growth in 201330334
    Record Year2003 (52)2002 (82)2002 (35)

UK Company Share

  1. Annual Data (2014)

    In 2014 Plymouth formed 0.2% of all UK companies. This is no change on 2013 when Plymouth was responsible for 0.2% of all UK companies.

    YearPlymouth
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)2002 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Plymouth formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jul-Dec)Plymouth
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2002 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Plymouth
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2002 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-1.2%-4.0%8.5%
    Record Year2010 (0.3%)2002 (0.3%)1973 (0.5%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.1.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 43.7.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.9.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Plymouth was 1972 when 100.0% of all directors were female.

    The percentage of female directors in Plymouth in 2014 was 28.7%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Plymouth was 2006 when 34.3% of all directors were female.

    29.6% of all director appointments in Plymouth in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Plymouth was in 2011 when 34.4% of all directors were female.

    28.4% of all director appointments in Plymouth in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    PLYMOUTH2.87%CONSULTING5.22%
    WEST1.65%MANAGEMENT4.58%
    SOUTH1.43%CONSULTANCY3.57%
    (SW)1.33%PROPERTY2.66%
    PROPERTY1.11%CONSTRUCTION2.12%
    DEVELOPMENTS1.01%ENGINEERING2.10%
    MANAGEMENT1.01%CARE2.02%
    ELECTRICAL0.90%TRADING1.94%
    ENGINEERING0.85%LONDON1.93%
    (PLYMOUTH)0.85%TRANSPORT1.93%
    ENERGY0.74%DESIGN1.66%
    (SOUTH0.69%CONSULTANTS1.64%
    WEST)0.69%ELECTRICAL1.62%
    TRADING0.69%PROPERTIES1.62%
    MEDIA0.69%BUSINESS1.56%
    CONSTRUCTION0.69%J1.54%
    S0.69%CO.,1.50%
    SW0.64%GLOBAL1.49%
    DESIGN0.64%INVESTMENTS1.48%
    DEVON0.64%ASSOCIATES1.47%
    SALES0.58%DEVELOPMENTS1.35%
    WESTCOUNTRY0.58%MEDIA1.33%
    CAR0.53%IT1.31%
    MARINE0.53%BUILDING1.29%
    PROPERTIES0.53%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied523265,608
    99999 - Dormant Company11248,509
    70229 - Management consultancy activities other than financial management5842,290
    74909 - Other professional, scientific and technical activities not elsewhere classified5119,049
    41100 - Development of building projects4711,397
    82990 - Other business support service activities not elsewhere classified4258,068
    62020 - Information technology consultancy activities4230,178
    96090 - Other service activities not elsewhere classified3729,009
    98000 - Residents property management355,255
    56101 - Licensed restaurants358,782
    56302 - Public houses and bars346,285
    56103 - Take-away food shops and mobile food stands328,318
    43210 - Electrical installation315,985
    47990 - Other retail sale not in stores, stalls or markets316,452
    43220 - Plumbing, heat and air-conditioning installation295,189
    71129 - Other engineering activities286,132
    43390 - Other building completion and finishing265,931
    96020 - Hairdressing and other beauty treatment256,742
    86900 - Other human health activities2412,976
    62090 - Other information technology service activities2312,837

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09243524 ICT STUDIO LIMITED 01 Oct 2014
    09263124 OKSANA BEAUTY SALON LTD 14 Oct 2014
    09266405 FRANCIS BAYZA LTD 16 Oct 2014
    09270108 JD SANITIZATION LTD 20 Oct 2014
    09270590 FANCY DRESS SUPERSTORE LIMITED 20 Oct 2014
    09276354 PENNANT YACHTS (UK) LIMITED 23 Oct 2014
    09247845 INTACT RETAIL LTD 03 Oct 2014
    09260324 ADTHORITY LTD 13 Oct 2014
    09264761 ENERGY SAVING SOLAR LIMITED 15 Oct 2014
    09247689 PLYMOUTH STUDENT ACCOMMODATION LIMITED 03 Oct 2014
    09257514 BIG THINGS 247 COMPANY LTD 09 Oct 2014
    09262762 LIVE ARRAY LIMITED 14 Oct 2014
    09269081 DSR BUSINESS SUPPORT LTD 17 Oct 2014
    09277689 RED SCAR PUBLISHING LIMITED 23 Oct 2014
    09280043 PLYMOUTH LETTING AND ESTATE AGENTS LIMITED 24 Oct 2014
    09290839 TOMATO STUDIOS LIMITED 31 Oct 2014
    09281651 BULLDOG PROPERTY SERVICES LIMITED 27 Oct 2014
    09247291 A BIT OF A MIX LIMITED 03 Oct 2014
    09258826 THE PET EXPRESS LTD 10 Oct 2014
    09264204 MSB PROPERTY SERVICES LTD 15 Oct 2014
    09265707 WESTCOUNTRY LAND (CARNON DOWNS) LTD 15 Oct 2014
    09277631 DRR MECHANICAL SERVICES LIMITED 23 Oct 2014
    09288219 VALENT4 LTD 30 Oct 2014
    09245115 GOLD REFLECT LIMITED 02 Oct 2014
    09276641 YEALMPTON STORES LTD 23 Oct 2014