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
New Company Registrations
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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.
Year Plymouth UK 2014 1,228 582,051 2013 1,156 529,363 2012 1,049 491,893 2011 1,000 452,870 2010 866 400,358 Record Year 2014 (1,228) 2014 (582,051) New Companies by Year
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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) Plymouth UK 2014 590 281,320 2013 547 259,931 % change 7.9% 8.2% Record Year 2014 (590) 2014 (281,320) New Companies by Half Year
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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) Plymouth UK 2014 288 137,906 2013 264 127,247 % change 9.1% 8.4% Record Year 2014 (288) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 106 92 90 New companies in 2013 102 91 71 % change 3.9% 1.1% 26.8% Record Year 2014 (106) 2002 (96) 2014 (90)
Closed Companies (dissolved)
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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.
Year Plymouth UK 2014 805 367,937 2013 715 332,213 2012 578 293,729 2011 571 314,524 2010 606 342,233 Record Year 2014 (805) 2009 (533,789) Dissolved Companies by Year
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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) Plymouth UK 2014 421 190,730 2013 378 177,021 % change 11.4% 7.7% Record Year 2014 (421) 2009 (244,544) Dissolved Companies by Half Year
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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) Plymouth UK 2014 191 89,060 2013 197 90,851 % change -3.0% -2.0% Record Year 2013 (197) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 63 60 68 Closed companies in 2013 72 58 67 % change -12.5% 3.4% 1% Record Year 2013 (72) 2010 (76) 2014 (68)
Net Company Growth
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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.
Year Plymouth UK 2014 423 214,114 2013 441 197,150 2012 471 198,164 2011 429 138,346 2010 260 58,125 Record Year 2012 (471) 2007 (237,353) Net Growth by Year
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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) Plymouth UK 2014 169 90,590 2013 169 82,910 Record Year 2002 (282) 2003 (117,772) Net Growth by Half Year
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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) Plymouth UK 2014 97 48,846 2013 67 36,396 Record Year 2011 (105) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 43 32 22 Net growth in 2013 30 33 4 Record Year 2003 (52) 2002 (82) 2002 (35)
UK Company Share
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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.
Year Plymouth 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2002 (0.2%) Company Share by Year
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2002 (0.2%) Company Share by Half Year
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2002 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change -1.2% -4.0% 8.5% Record Year 2010 (0.3%) 2002 (0.3%) 1973 (0.5%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PLYMOUTH 2.87% CONSULTING 5.22% WEST 1.65% MANAGEMENT 4.58% SOUTH 1.43% CONSULTANCY 3.57% (SW) 1.33% PROPERTY 2.66% PROPERTY 1.11% CONSTRUCTION 2.12% DEVELOPMENTS 1.01% ENGINEERING 2.10% MANAGEMENT 1.01% CARE 2.02% ELECTRICAL 0.90% TRADING 1.94% ENGINEERING 0.85% LONDON 1.93% (PLYMOUTH) 0.85% TRANSPORT 1.93% ENERGY 0.74% DESIGN 1.66% (SOUTH 0.69% CONSULTANTS 1.64% WEST) 0.69% ELECTRICAL 1.62% TRADING 0.69% PROPERTIES 1.62% MEDIA 0.69% BUSINESS 1.56% CONSTRUCTION 0.69% J 1.54% S 0.69% CO., 1.50% SW 0.64% GLOBAL 1.49% DESIGN 0.64% INVESTMENTS 1.48% DEVON 0.64% ASSOCIATES 1.47% SALES 0.58% DEVELOPMENTS 1.35% WESTCOUNTRY 0.58% MEDIA 1.33% CAR 0.53% IT 1.31% MARINE 0.53% BUILDING 1.29% PROPERTIES 0.53% M 1.22%
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 523 265,608 99999 - Dormant Company 112 48,509 70229 - Management consultancy activities other than financial management 58 42,290 74909 - Other professional, scientific and technical activities not elsewhere classified 51 19,049 41100 - Development of building projects 47 11,397 82990 - Other business support service activities not elsewhere classified 42 58,068 62020 - Information technology consultancy activities 42 30,178 96090 - Other service activities not elsewhere classified 37 29,009 98000 - Residents property management 35 5,255 56101 - Licensed restaurants 35 8,782 56302 - Public houses and bars 34 6,285 56103 - Take-away food shops and mobile food stands 32 8,318 43210 - Electrical installation 31 5,985 47990 - Other retail sale not in stores, stalls or markets 31 6,452 43220 - Plumbing, heat and air-conditioning installation 29 5,189 71129 - Other engineering activities 28 6,132 43390 - Other building completion and finishing 26 5,931 96020 - Hairdressing and other beauty treatment 25 6,742 86900 - Other human health activities 24 12,976 62090 - Other information technology service activities 23 12,837
Recent Companies
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Randomly selected companies from this quarter
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