Torquay, Devon

2012 Annual Business Confidence Report

Headlines

  • November 2012 saw a new record in company registrations in Torquay when compared to any previous November.
  • October 2012 saw a new record in company closures in Torquay when compared to any previous October.

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. Annual Data (2012)

    A total of 403 companies were formed in Torquay in 2012. This total is 6.9% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearTorquayUK
    2012403491,893
    2011377452,870
    2010333400,358
    2009314362,675
    2008325349,203
    Record Year2003 (437)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 184 companies were formed in Torquay. This figure is 2.1% lower than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Torquay occurred in 2003 when a total of 212 were formed.

    Half Year (Jul-Dec)TorquayUK
    2012184238,743
    2011188224,135
    % change-2.1%6.5%
    Record Year2003 (212)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 98 companies were registered in Torquay during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 10.1% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)TorquayUK
    201298119,875
    201189109,623
    % change10.1%9.4%
    Record Year 2003 (104) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    November 2012 saw a new record in company registrations in Torquay when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012363527
    New companies in 2011273329
    % change33.3%6.1%-6.9%
    Record Year2003 (42)2012 (35)2008 (39)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 248 companies were dissolved in Torquay in 2012. This total is 5.7% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearTorquayUK
    2012248293,728
    2011263314,524
    2010308342,233
    2009414533,787
    2008164237,873
    Record Year2009 (414)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 131 companies were dissolved in Torquay. This figure is 12.0% higher than last year, which compares badly to the UK wide change of -4.1%.

    The highest total for a second half year in Torquay occurred in 2009 when a total of 184 were closed.

    Half Year (Jul-Dec)TorquayUK
    2012131145,934
    2011117152,213
    % change12.0%-4.1%
    Record Year2009 (184)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 66 companies were dissolved in Torquay during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 15.8% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)TorquayUK
    20126670,026
    20115779,983
    % change15.8%-12.4%
    Record Year 2009 (68) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company closures in Torquay when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012362010
    Closed companies in 2011122322
    % change200.0%-13.0%-55%
    Record Year2012 (36)1999 (33)2009 (24)

Net Company Growth

  1. Annual Data (2012)

    A total of 155 companies were added to the company register for Torquay in 2012. This number represents growth of 41.1% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 41 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.

    YearTorquayUK
    2012155198,165
    2011114138,346
    20102558,125
    2009-100-171,112
    2008161111,330
    Record Year2003 (264)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Torquay increased by 53 companies.

    Half Year (Jul-Dec)TorquayUK
    20125392,809
    20117171,922
    Record Year2003 (117)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Torquay during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 32 companies.

    fourth quarter (Oct 2012 - Dec 2012)TorquayUK
    20123249,849
    20113229,640
    Record Year 2003 (70) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201201517
    Net growth in 201115107
    Record Year2003 (34)2003 (21)2008 (28)

UK Company Share

  1. Annual Data (2012)

    In 2012 Torquay formed 0.1% of all UK companies. This is no change on 2011 when Torquay was responsible for 0.1% of all UK companies.

    YearTorquay
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960)1961 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Torquay formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.

    Half Year (Jul-Dec)Torquay
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1961 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Torquay formed 0.1% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Torquay
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1990 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change11.9%1.0%-9.4%
    Record Year1970 (0.3%)1990 (0.6%)1967 (0.3%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 45.1.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 46.0.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 44.4.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 8.3% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Torquay was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Torquay in 2012 was 34.6%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Torquay was 1860 when 42.9% of all directors were female.

    29.7% of all director appointments in Torquay in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Torquay was in 1977 when 31.2% of all directors were female.

    24.7% of all director appointments in Torquay in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    DEVON1.45%CONSULTING5.15%
    SOUTH1.32%MANAGEMENT4.78%
    CONSTRUCTION1.05%CONSULTANCY3.31%
    TORQUAY1.05%PROPERTY2.40%
    WEST1.05%TRADING2.03%
    (TORQUAY)0.79%DESIGN1.86%
    TORBAY0.79%ASSOCIATES1.82%
    BUILDING0.66%ENGINEERING1.79%
    SW0.66%BUSINESS1.76%
    CARE0.66%CONSULTANTS1.75%
    CONSULTING0.66%CONSTRUCTION1.69%
    MANAGEMENT0.66%LONDON1.69%
    I0.53%MEDIA1.69%
    COMMUNITY0.53%GLOBAL1.59%
    HOTEL0.53%J1.57%
    DESIGN0.53%INVESTMENTS1.46%
    SYSTEMS0.53%IT1.43%
    CONSULTANCY0.53%CARE1.39%
    ECO0.39%PROPERTIES1.34%
    INVESTMENTS0.39%M1.26%
    INTEREST0.39%BUILDING1.23%
    (SW)0.39%ENTERPRISES1.21%
    FINANCIAL0.39%TRAINING1.18%
    RIVIERA0.39%ELECTRICAL1.17%
    -0.39%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied196236,139
    82990 - Other business support service activities not elsewhere classified6452,427
    99999 - Dormant Company2640,648
    96090 - Other service activities not elsewhere classified1522,058
    74990 - Non-trading company1213,808
    56101 - Licensed restaurants126,400
    41100 - Development of building projects117,980
    98000 - Residents property management114,377
    62090 - Other information technology service activities1112,291
    70229 - Management consultancy activities other than financial management930,396
    68209 - Other letting and operating of own or leased real estate96,971
    55100 - Hotels and similar accommodation91,273
    7487 - Other business activities810,703
    43999 - Other specialised construction activities not elsewhere classified76,419
    62020 - Information technology consultancy activities723,256
    47910 - Retail sale via mail order houses or via Internet76,307
    43220 - Plumbing, heat and air-conditioning installation64,045
    68100 - Buying and selling of own real estate64,752
    41202 - Construction of domestic buildings64,882
    86230 - Dental practice activities52,378

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08237599 RUTLAND HOTEL (TORQUAY) LIMITED 02 Oct 2012
    08238955 ROCKFISH (PLYMOUTH) LIMITED 03 Oct 2012
    08238970 ROCKFISH (TORQUAY) LIMITED 03 Oct 2012
    08245708 PRIVILEGE FINANCIAL SOLUTIONS LIMITED 09 Oct 2012
    08252324 YOURSTEPS LTD. 15 Oct 2012
    08255255 PICKER LIMITED 16 Oct 2012
    08258330 EAT MY FILM LIMITED 18 Oct 2012
    08259157 HOUSE OF BEAUTY (WELLSWOOD) LIMITED 18 Oct 2012
    08260627 ANDREA LAW LTD 19 Oct 2012
    08260751 CSPC PHARMA LTD 19 Oct 2012
    08262241 C-BAY AUTOS LTD 22 Oct 2012
    08262609 TORBAY BASKETBALL CLUB C.I.C. 22 Oct 2012
    08272311 DIPITY DOOS SHOES LIMITED 29 Oct 2012
    08272955 TIMONEY-WHITE CONSULTING LIMITED 30 Oct 2012
    08235883 ILEX INVESTMENTS LIMITED 02 Oct 2012
    08241017 JULIE CLAIRE COMPANY LTD 04 Oct 2012
    08241100 ESSENTIEL'O LIMITED 04 Oct 2012
    08241151 MEETCOM LIMITED 05 Oct 2012
    08241280 PROSERV INT BUSINESS LIMITED 05 Oct 2012
    08248467 MAKE UP MAGIC LIMITED 11 Oct 2012
    08249705 MPP CONSULTANCY LIMITED 11 Oct 2012
    08252363 SNOOTY FOX (TORQUAY) LIMITED 15 Oct 2012
    08256178 J.BARNES COMMERCIAL SERVICES LTD 17 Oct 2012
    08267402 JAHAN PRACTICE LTD. 25 Oct 2012
    08272195 MORGEN LIMITED 29 Oct 2012

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