Plymouth, Devon

Q1 2015 Business Confidence Report

Headlines

  • March 2015 saw a new record in company closures in Plymouth when compared to any previous March.
  • February 2015 saw a new record in company closures in Plymouth when compared to any previous February.

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 2015)

    A total of 286 companies were registered in Plymouth during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 7.4% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)PlymouthUK
    2015286161,156
    2014309150,722
    % change-7.4%6.9%
    Record Year 2012 (309) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20157193122
    New companies in 20149996114
    % change-28.3%-3.1%7.0%
    Record Year2013 (99)2011 (99)2012 (126)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 238 companies were dissolved in Plymouth during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 41.7% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)PlymouthUK
    201523889,523
    201416882,370
    % change41.7%8.7%
    Record Year 2015 (238) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company closures in Plymouth when compared to any previous March.

    February 2015 saw a new record in company closures in Plymouth when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015519691
    Closed companies in 2014475764
    % change8.5%68.4%42%
    Record Year2011 (79)2015 (96)2015 (91)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Plymouth during the first quarter of 2015 (Jan 2015 - Mar 2015) was 48 companies.

    first quarter (Jan 2015 - Mar 2015)PlymouthUK
    20154871,633
    201414168,352
    Record Year 2012 (187) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201520-331
    Net growth in 2014523950
    Record Year2014 (52)2007 (63)2012 (88)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Plymouth formed 0.2% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Plymouth
    20150.2%
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    Record Year (since 1960) 1963 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.1%0.2%0.2%
    UK formation share in 20140.2%0.2%0.2%
    % change-29.6%-10.8%-2.4%
    Record Year1971 (0.4%)2011 (0.3%)1963 (1.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 45.6.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

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

    27.9% of all director appointments in Plymouth in the first quarter of 2015 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 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    PLYMOUTH2.71%CONSULTING5.23%
    (SW)1.57%MANAGEMENT4.56%
    WEST1.52%CONSULTANCY3.62%
    ELECTRICAL1.35%PROPERTY2.72%
    SOUTH1.19%CONSTRUCTION2.19%
    MANAGEMENT1.19%CARE2.13%
    PROPERTY1.19%ENGINEERING2.12%
    (PLYMOUTH)0.92%LONDON1.91%
    WEST)0.87%TRADING1.88%
    MEDIA0.87%TRANSPORT1.82%
    (SOUTH0.87%ELECTRICAL1.76%
    ENGINEERING0.81%DESIGN1.65%
    ENERGY0.81%PROPERTIES1.63%
    DEVELOPMENTS0.81%CO.,1.58%
    CONSTRUCTION0.76%J1.55%
    MARINE0.76%CONSULTANTS1.54%
    S0.70%BUSINESS1.49%
    SW0.65%INVESTMENTS1.49%
    DEVON0.65%GLOBAL1.46%
    PROPERTIES0.65%ASSOCIATES1.44%
    D0.60%DEVELOPMENTS1.36%
    C0.54%BUILDING1.31%
    J0.54%IT1.30%
    CONSULTANCY0.54%MEDIA1.28%
    CAR0.54%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied573288,953
    99999 - Dormant Company11549,474
    70229 - Management consultancy activities other than financial management5443,081
    74909 - Other professional, scientific and technical activities not elsewhere classified5019,098
    41100 - Development of building projects4611,863
    62020 - Information technology consultancy activities4130,825
    98000 - Residents property management385,308
    56101 - Licensed restaurants388,909
    82990 - Other business support service activities not elsewhere classified3858,522
    56103 - Take-away food shops and mobile food stands378,607
    56302 - Public houses and bars356,355
    96090 - Other service activities not elsewhere classified3229,218
    47990 - Other retail sale not in stores, stalls or markets306,557
    43220 - Plumbing, heat and air-conditioning installation295,331
    43210 - Electrical installation296,139
    71129 - Other engineering activities286,278
    43390 - Other building completion and finishing276,052
    86900 - Other human health activities2713,990
    96020 - Hairdressing and other beauty treatment256,815
    68209 - Other letting and operating of own or leased real estate2511,600

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09376594 SUNRIDGE MEDIA LIMITED 06 Jan 2015
    09382176 TAILORED HEAT LTD 09 Jan 2015
    09386126 SPEEDY PROPERTY LIMITED 13 Jan 2015
    09392575 RAY HALL LANDSCAPE AND GROUNDS MAINTENANCE LIMITED 16 Jan 2015
    09415295 THE ALAMO PROJECT COMMUNITY INTEREST COMPANY 30 Jan 2015
    09389715 BRIDGWATER HOMES LTD 15 Jan 2015
    09394561 HYKO CONSULTING LIMITED 19 Jan 2015
    09400727 WOSSNAME INDUSTRIES LTD 22 Jan 2015
    09402309 SIONIS LTD 22 Jan 2015
    09409197 YELLOWBIRD MEDIA LTD 27 Jan 2015
    09373224 NANA'S COMFORT FOOD LIMITED 05 Jan 2015
    09400797 C & D TELECOMS PLUS LIMITED 22 Jan 2015
    09408110 TAVISTOCK HOUSE MANAGEMENT CO LTD 27 Jan 2015
    09414962 TOP OF THE CLASS LIMITED 30 Jan 2015
    09381167 MANDE SOLUTIONS (SOUTH WEST) LIMITED 09 Jan 2015
    09402221 LLOYD CARTY LIMITED 22 Jan 2015
    09399026 CHRISTIAN MEDIA VENTURES 21 Jan 2015
    09415371 L BAILEY (PLUMBING & HEATING) LIMITED 30 Jan 2015
    09372460 ARMADA SOUTHWEST LTD 05 Jan 2015
    09374703 M P MEDSERV LTD 06 Jan 2015
    09381228 WORKPLACE SECURITY LTD. 09 Jan 2015
    09383520 VANGUARD SAFETY TRAINING & CONSULTANCY LIMITED 12 Jan 2015
    09395182 MUIRGEN LTD 19 Jan 2015
    09380025 AQUA FORTIS BLAST CLEANING LTD 08 Jan 2015
    09401063 GERALD HUNTINGTON VENTURES LTD 22 Jan 2015