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
New Company Registrations
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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) Plymouth UK 2015 286 161,156 2014 309 150,722 % change -7.4% 6.9% Record Year 2012 (309) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
New Companies by Month
January February March New companies in 2015 71 93 122 New companies in 2014 99 96 114 % change -28.3% -3.1% 7.0% Record Year 2013 (99) 2011 (99) 2012 (126)
Closed Companies (dissolved)
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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) Plymouth UK 2015 238 89,523 2014 168 82,370 % change 41.7% 8.7% Record Year 2015 (238) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2015 51 96 91 Closed companies in 2014 47 57 64 % change 8.5% 68.4% 42% Record Year 2011 (79) 2015 (96) 2015 (91)
Net Company Growth
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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) Plymouth UK 2015 48 71,633 2014 141 68,352 Record Year 2012 (187) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 20 -3 31 Net growth in 2014 52 39 50 Record Year 2014 (52) 2007 (63) 2012 (88)
UK Company Share
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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 2015 0.2% 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% Record Year (since 1960) 1963 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.1% 0.2% 0.2% UK formation share in 2014 0.2% 0.2% 0.2% % change -29.6% -10.8% -2.4% Record Year 1971 (0.4%) 2011 (0.3%) 1963 (1.0%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PLYMOUTH 2.71% CONSULTING 5.23% (SW) 1.57% MANAGEMENT 4.56% WEST 1.52% CONSULTANCY 3.62% ELECTRICAL 1.35% PROPERTY 2.72% SOUTH 1.19% CONSTRUCTION 2.19% MANAGEMENT 1.19% CARE 2.13% PROPERTY 1.19% ENGINEERING 2.12% (PLYMOUTH) 0.92% LONDON 1.91% WEST) 0.87% TRADING 1.88% MEDIA 0.87% TRANSPORT 1.82% (SOUTH 0.87% ELECTRICAL 1.76% ENGINEERING 0.81% DESIGN 1.65% ENERGY 0.81% PROPERTIES 1.63% DEVELOPMENTS 0.81% CO., 1.58% CONSTRUCTION 0.76% J 1.55% MARINE 0.76% CONSULTANTS 1.54% S 0.70% BUSINESS 1.49% SW 0.65% INVESTMENTS 1.49% DEVON 0.65% GLOBAL 1.46% PROPERTIES 0.65% ASSOCIATES 1.44% D 0.60% DEVELOPMENTS 1.36% C 0.54% BUILDING 1.31% J 0.54% IT 1.30% CONSULTANCY 0.54% MEDIA 1.28% CAR 0.54% M 1.27%
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 573 288,953 99999 - Dormant Company 115 49,474 70229 - Management consultancy activities other than financial management 54 43,081 74909 - Other professional, scientific and technical activities not elsewhere classified 50 19,098 41100 - Development of building projects 46 11,863 62020 - Information technology consultancy activities 41 30,825 98000 - Residents property management 38 5,308 56101 - Licensed restaurants 38 8,909 82990 - Other business support service activities not elsewhere classified 38 58,522 56103 - Take-away food shops and mobile food stands 37 8,607 56302 - Public houses and bars 35 6,355 96090 - Other service activities not elsewhere classified 32 29,218 47990 - Other retail sale not in stores, stalls or markets 30 6,557 43220 - Plumbing, heat and air-conditioning installation 29 5,331 43210 - Electrical installation 29 6,139 71129 - Other engineering activities 28 6,278 43390 - Other building completion and finishing 27 6,052 86900 - Other human health activities 27 13,990 96020 - Hairdressing and other beauty treatment 25 6,815 68209 - Other letting and operating of own or leased real estate 25 11,600
Recent Companies
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Randomly selected companies from this quarter
reports
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