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
    09467545 G&S (PLYMOUTH) LIMITED 03 Mar 2015
    09483520 JDF ELECTRICAL LIMITED 11 Mar 2015
    09493904 DREAM KITCHENS (SW) LTD 17 Mar 2015
    09497393 BARBICAN BEAUTY LIMITED 19 Mar 2015
    09500187 S J MARR ELECTRICAL CONTRACTING LIMITED 19 Mar 2015
    09508710 WILD HART VENISON LTD 25 Mar 2015
    09508713 EPIWAND LIMITED 25 Mar 2015
    09518020 100HURTZ LTD 30 Mar 2015
    09501696 A M N ENERGY UK LTD 20 Mar 2015
    09470645 LAND VENTURE PROPERTIES LTD 04 Mar 2015
    09482577 WEST HOE FRYERS LIMITED 10 Mar 2015
    09499265 GALATHEA MARINE CONSULTANTS LTD. 19 Mar 2015
    09505596 DA ELECTRICAL & PLUMBING SERVICES LTD 24 Mar 2015
    09506033 TERRY SINGLETON LTD 24 Mar 2015
    09515046 OJS AUTOS LTD 27 Mar 2015
    09477880 EMTJ LIMITED 09 Mar 2015
    09479960 WAGNER PLANT LTD 10 Mar 2015
    09485150 WAGNER HOLDINGS LIMITED 12 Mar 2015
    09488048 KRW MARINE (UK) LIMITED 13 Mar 2015
    09497248 DMC SW LTD 18 Mar 2015
    09502980 PAUL HALL PLASTERING LIMITED 23 Mar 2015
    09508831 C-ROSS GLOBAL LIMITED 25 Mar 2015
    09510618 PLYMOUTH TEA LIMITED 26 Mar 2015
    09494703 INTRINITY LIMITED 17 Mar 2015
    09467094 SWARTECH LIMITED 03 Mar 2015