Torquay, Devon
2011 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2011)
A total of 377 companies were formed in Torquay in 2011. This total is 13.2% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Torquay UK 2011 377 452,870 2010 333 400,358 2009 314 362,675 2008 325 349,203 2007 315 457,649 Record Year 2003 (437) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 188 companies were formed in Torquay. This figure is 9.9% higher than last year, which compares badly to the UK wide figure of 14.0%.
The highest total for a second half year in Torquay occurred in 2003 when a total of 212 were formed.
Half Year (Jul-Dec) Torquay UK 2011 188 224,135 2010 171 196,609 % change 9.9% 14.0% Record Year 2003 (212) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 89 companies were registered in Torquay during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 12.7% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Torquay UK 2011 89 109,623 2010 79 95,117 % change 12.7% 15.3% Record Year 2003 (104) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 27 33 29 New companies in 2010 21 25 33 % change 28.6% 32.0% -12.1% Record Year 2003 (42) 2011 (33) 2008 (39)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 263 companies were dissolved in Torquay in 2011. This total is 14.6% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Torquay UK 2011 263 314,523 2010 308 342,232 2009 414 533,773 2008 164 237,901 2007 220 220,295 Record Year 2009 (414) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 117 companies were dissolved in Torquay. This figure is 12.0% lower than last year, which compares well to the UK wide change of -7.5%.
The highest total for a second half year in Torquay occurred in 2009 when a total of 184 were closed.
Half Year (Jul-Dec) Torquay UK 2011 117 152,213 2010 133 164,601 % change -12.0% -7.5% Record Year 2009 (184) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 57 companies were dissolved in Torquay during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 5.0% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Torquay UK 2011 57 79,983 2010 60 76,896 % change -5.0% 4.0% Record Year 2009 (68) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 12 23 22 Closed companies in 2010 25 27 8 % change -52.0% -14.8% 175% Record Year 2002 (31) 1999 (33) 2009 (24)
Net Company Growth
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Annual Data (2011)
A total of 114 companies were added to the company register for Torquay in 2011. This number represents growth of 34.2% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.
This number is 89 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Torquay company register grew by 264 companies.
Year Torquay UK 2011 114 138,347 2010 25 58,126 2009 -100 -171,098 2008 161 111,302 2007 95 237,354 Record Year 2003 (264) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Torquay increased by 71 companies.
Half Year (Jul-Dec) Torquay UK 2011 71 71,922 2010 38 32,008 Record Year 2003 (117) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Torquay during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 32 companies.
fourth quarter (Oct 2011 - Dec 2011) Torquay UK 2011 32 29,640 2010 19 18,221 Record Year 2003 (70) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 15 10 7 Net growth in 2010 -4 -2 25 Record Year 2003 (34) 2003 (21) 2008 (28)
UK Company Share
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Annual Data (2011)
In 2011 Torquay formed 0.1% of all UK companies. This is no change on 2010 when Torquay was responsible for 0.1% of all UK companies.
Year Torquay 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1961 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Torquay formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.
Half Year (Jul-Dec) Torquay 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1961 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Torquay formed 0.1% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Torquay 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1990 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change 11.9% 12.4% -22.0% Record Year 1970 (0.3%) 1990 (0.6%) 1967 (0.3%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 46.7.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 8.6% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 46.7.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 10.4% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 43.6.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
The record year for female directors in Torquay was 1857 when 36.4% of all directors were female.
The percentage of female directors in Torquay in 2011 was 31.3%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Torquay was 1860 when 42.9% of all directors were female.
30.2% of all director appointments in Torquay in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Torquay was in 1977 when 31.1% of all directors were female.
28.4% of all director appointments in Torquay in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TORBAY 1.69% CONSULTING 5.07% MUSIC 1.13% MANAGEMENT 4.74% MANAGEMENT 1.13% CONSULTANCY 3.26% CARE 0.98% PROPERTY 2.37% PROPERTY 0.84% TRADING 2.07% ACADEMY 0.84% DESIGN 1.92% J 0.70% ASSOCIATES 1.86% HOUSE 0.70% ENGINEERING 1.78% DEVON 0.70% BUSINESS 1.78% DEVELOPMENTS 0.56% CONSULTANTS 1.76% DAYLIGHT 0.56% CONSTRUCTION 1.73% FINANCIAL 0.56% MEDIA 1.71% SERVICE 0.56% LONDON 1.63% (TORQUAY) 0.56% J 1.51% (SW) 0.56% INVESTMENTS 1.48% CONSULTING 0.56% GLOBAL 1.46% PROPERTIES 0.42% IT 1.41% WEST 0.42% CARE 1.39% SOUTH 0.42% PROPERTIES 1.29% I 0.42% ELECTRICAL 1.29% TORQUAY 0.42% M 1.27% DEVELOPMENT 0.42% BUILDING 1.26% INVESTMENTS 0.42% ENERGY 1.25% LODGE 0.42% S 1.20% LE 0.42% ENTERPRISES 1.20%
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 181 205,525 7487 - Other business activities 49 57,052 82990 - Other business support service activities not elsewhere classified 24 32,483 99999 - Dormant Company 17 21,846 9999 - Dormant Company 15 20,199 7414 - Business & management consultancy 9 13,034 9305 - Other service activities 9 9,492 62090 - Other information technology service activities 8 7,493 98000 - Residents property management 7 2,874 41100 - Development of building projects 7 4,331 4521 - General construction & civil engineering 7 5,558 7260 - Other computer related activities 7 7,667 96090 - Other service activities not elsewhere classified 7 11,768 43290 - Other construction installation 7 1,559 43220 - Plumbing, heat and air-conditioning installation 7 2,372 4534 - Other building installation 6 2,091 55100 - Hotels and similar accommodation 6 757 68100 - Buying and selling of own real estate 6 2,749 62012 - Business and domestic software development 6 3,714 68209 - Other letting and operating of own or leased real estate 6 4,082
Recent Companies
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Randomly selected companies from this quarter
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