Torquay, Devon
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Torquay when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Torquay when compared to any previous second half year.
- Q4 2013 saw a new record in company registrations in Torquay when compared to any previous Q4.
- November 2013 saw a new record in company registrations in Torquay when compared to any previous November.
- October 2013 saw a new record in company registrations in Torquay when compared to any previous October.
- December 2013 saw a new record in company closures in Torquay when compared to any previous December.
- November 2013 saw a new record in company closures in Torquay when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Torquay when compared to any year in history.
A total of 507 companies were formed in Torquay in 2013. This total is 25.8% higher than in 2012 and compares favourably to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Torquay UK 2013 507 529,363 2012 403 491,893 2011 377 452,870 2010 333 400,358 2009 314 362,675 Record Year 2013 (507) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Torquay when compared to any previous second half year.
In the second half of 2013 a total of 237 companies were formed in Torquay. This figure is 28.8% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Torquay occurred in 2013 when a total of 237 were formed.
Half Year (Jul-Dec) Torquay UK 2013 237 259,931 2012 184 238,743 % change 28.8% 8.9% Record Year 2013 (237) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in Torquay when compared to any previous Q4.
A total of 123 companies were registered in Torquay during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 25.5% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Torquay UK 2013 123 127,247 2012 98 119,875 % change 25.5% 6.1% Record Year 2013 (123) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company registrations in Torquay when compared to any previous November.
October 2013 saw a new record in company registrations in Torquay when compared to any previous October.
New Companies by Month
October November December New companies in 2013 53 44 26 New companies in 2012 36 35 27 % change 47.2% 25.7% -3.7% Record Year 2013 (53) 2013 (44) 2008 (39)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 295 companies were dissolved in Torquay in 2013. This total is 19.0% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Torquay UK 2013 295 332,213 2012 248 293,729 2011 263 314,524 2010 308 342,233 2009 414 533,789 Record Year 2009 (414) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 167 companies were dissolved in Torquay. This figure is 27.5% higher than last year, which compares badly to the UK wide change of 21.3%.
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 2013 167 177,021 2012 131 145,935 % change 27.5% 21.3% Record Year 2009 (184) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 82 companies were dissolved in Torquay during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 24.2% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Torquay UK 2013 82 90,851 2012 66 70,027 % change 24.2% 29.7% Record Year 2013 (82) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company closures in Torquay when compared to any previous December.
November 2013 saw a new record in company closures in Torquay when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2013 20 35 27 Closed companies in 2012 36 20 10 % change -44.4% 75.0% 170% Record Year 2012 (36) 2013 (35) 2013 (27)
Net Company Growth
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Annual Data (2013)
A total of 212 companies were added to the company register for Torquay in 2013. This number represents growth of 41.8% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 57 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Torquay company register grew by 212 companies.
Year Torquay UK 2013 212 197,150 2012 155 198,164 2011 114 138,346 2010 25 58,125 2009 -100 -171,114 Record Year 2013 (212) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Torquay increased by 70 companies.
Half Year (Jul-Dec) Torquay UK 2013 70 82,910 2012 53 92,808 Record Year 2003 (117) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Torquay during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 41 companies.
fourth quarter (Oct 2013 - Dec 2013) Torquay UK 2013 41 36,396 2012 32 49,848 Record Year 2008 (68) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 33 9 -1 Net growth in 2012 0 15 17 Record Year 2003 (34) 2003 (21) 2008 (28)
UK Company Share
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Annual Data (2013)
In 2013 Torquay formed 0.1% of all UK companies. This is no change on 2012 when Torquay was responsible for 0.1% of all UK companies.
Year Torquay 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1998 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Torquay formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) Torquay 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1999 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Torquay formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Torquay 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1998 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change 36.9% 23.6% -12.5% Record Year 1998 (0.1%) 2000 (0.2%) 1992 (0.2%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 46.4.
The percentage of directors under the age of 25 was 8.2% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 46.8.
The percentage of directors under the age of 25 was 8.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 47.4.
The percentage of directors under the age of 25 was 8.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Torquay was 1978 when 100.0% of all directors were female.
The percentage of female directors in Torquay in 2013 was 26.1%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Torquay was 2004 when 34.4% of all directors were female.
26.8% of all director appointments in Torquay in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Torquay was in 2012 when 33.3% of all directors were female.
22.7% of all director appointments in Torquay in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TORQUAY 1.35% CONSULTING 5.22% TORBAY 1.35% MANAGEMENT 4.72% MANAGEMENT 1.35% CONSULTANCY 3.45% CONSULTING 1.23% PROPERTY 2.59% PROPERTY 1.01% TRADING 2.08% CONSULTANCY 0.67% ENGINEERING 1.87% RIVIERA 0.67% LONDON 1.86% BAY 0.67% DESIGN 1.76% DEVON 0.56% CONSTRUCTION 1.73% TIGER 0.56% CARE 1.73% CIC 0.56% BUSINESS 1.71% HOTEL 0.56% CONSULTANTS 1.68% (SW) 0.56% GLOBAL 1.58% BILLS 0.56% INVESTMENTS 1.56% DESIGN 0.56% PROPERTIES 1.54% ELECTRICAL 0.56% ASSOCIATES 1.53% C 0.56% J 1.51% R 0.56% MEDIA 1.50% MAPSTONE 0.56% IT 1.35% COURT 0.56% DEVELOPMENTS 1.23% CLUB 0.56% M 1.23% WEST 0.56% BUILDING 1.21% BUILDING 0.56% ELECTRICAL 1.20% ENGINEERING 0.45% CAPITAL 1.19% T 0.45% ENERGY 1.14%
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 225 266,814 82990 - Other business support service activities not elsewhere classified 71 55,342 99999 - Dormant Company 35 46,762 47910 - Retail sale via mail order houses or via Internet 17 8,879 56101 - Licensed restaurants 15 7,685 43999 - Other specialised construction activities not elsewhere classified 13 7,823 96090 - Other service activities not elsewhere classified 12 26,001 98000 - Residents property management 12 4,710 74990 - Non-trading company 11 14,223 55100 - Hotels and similar accommodation 11 1,537 70229 - Management consultancy activities other than financial management 11 36,164 86900 - Other human health activities 10 9,543 62020 - Information technology consultancy activities 9 27,183 74909 - Other professional, scientific and technical activities not elsewhere classified 9 18,034 32990 - Other manufacturing not elsewhere classified 9 3,340 41100 - Development of building projects 9 9,485 68209 - Other letting and operating of own or leased real estate 8 8,733 68100 - Buying and selling of own real estate 8 5,656 56302 - Public houses and bars 7 5,503 62090 - Other information technology service activities 7 12,511
Recent Companies
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Randomly selected companies from this quarter
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