Torquay, Devon
2014 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 243 companies were formed in Torquay. This figure is 10.0% lower than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Torquay occurred in 2013 when a total of 270 were formed.
Half Year (Jan-Jun) Torquay UK 2014 243 300,731 2013 270 269,432 % change -10.0% 11.6% Record Year 2013 (270) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 121 companies were registered in Torquay during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is a decrease of 12.9% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Torquay UK 2014 121 150,009 2013 139 134,630 % change -12.9% 11.4% Record Year 2005 (152) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
New Companies by Month
April May June New companies in 2014 49 36 36 New companies in 2013 56 40 43 % change -12.5% -10.0% -16.3% Record Year 2005 (81) 2003 (42) 2013 (43)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 146 companies were dissolved in Torquay. This figure is 14.1% higher than last year, which compares well to the UK wide change of 14.2%.
The highest total for a first half year in Torquay occurred in 2009 when a total of 230 were closed.
Half Year (Jan-Jun) Torquay UK 2014 146 177,207 2013 128 155,192 % change 14.1% 14.2% Record Year 2009 (230) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 84 companies were dissolved in Torquay during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 52.7% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Torquay UK 2014 84 94,837 2013 55 77,278 % change 52.7% 22.7% Record Year 2009 (153) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 21 40 23 Closed companies in 2013 19 14 22 % change 10.5% 185.7% 5% Record Year 2009 (39) 2009 (70) 2009 (44)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Torquay increased by 97 companies.
Half Year (Jan-Jun) Torquay UK 2014 97 123,524 2013 142 114,240 Record Year 2003 (147) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Torquay during the second quarter of 2014 (Apr 2014 - Jun 2014) was 37 companies.
second quarter (Apr 2014 - Jun 2014) Torquay UK 2014 37 55,172 2013 84 57,352 Record Year 2005 (93) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 28 -4 13 Net growth in 2013 37 26 21 Record Year 2005 (62) 2003 (34) 2003 (24)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Torquay formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jan-Jun) Torquay 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1998 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Torquay formed 0.1% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Torquay 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2005 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -21.1% -17.0% -27.4% Record Year 2005 (0.2%) 1998 (0.2%) 2001 (0.1%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 46.8.
The percentage of directors under the age of 25 was 7.9% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 48.0.
The percentage of directors under the age of 25 was 12.0% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Torquay was 2010 when 33.4% of all directors were female.
29.2% of all director appointments in Torquay in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Torquay was in 2010 when 33.7% of all directors were female.
31.6% of all director appointments in Torquay in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TORBAY 1.75% CONSULTING 5.16% MANAGEMENT 1.28% MANAGEMENT 4.64% TORQUAY 1.28% CONSULTANCY 3.50% DEVON 1.05% PROPERTY 2.66% PROPERTY 1.05% TRADING 2.03% RIVIERA 0.82% ENGINEERING 1.99% BUSINESS 0.70% CONSTRUCTION 1.93% WEST 0.58% LONDON 1.93% CONSULTANTS 0.58% CARE 1.85% BUILDING 0.58% DESIGN 1.75% CONSULTANCY 0.58% CONSULTANTS 1.73% BILLS 0.58% BUSINESS 1.69% MAPSTONE 0.58% PROPERTIES 1.63% COURT 0.58% TRANSPORT 1.58% TIGER 0.58% GLOBAL 1.55% ECO 0.47% INVESTMENTS 1.55% ALL 0.47% J 1.51% HOLDINGS 0.47% ASSOCIATES 1.48% (DEVON) 0.47% MEDIA 1.44% ROAD 0.47% ELECTRICAL 1.40% CIC 0.47% IT 1.33% CONSULTING 0.47% DEVELOPMENTS 1.33% (TORQUAY) 0.47% BUILDING 1.26% DEVELOPMENT 0.47% M 1.24% HOUSE 0.47% CO., 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 237 261,557 82990 - Other business support service activities not elsewhere classified 77 57,421 99999 - Dormant Company 41 48,436 47910 - Retail sale via mail order houses or via Internet 19 9,900 55100 - Hotels and similar accommodation 16 1,714 96090 - Other service activities not elsewhere classified 15 28,352 56101 - Licensed restaurants 14 8,585 98000 - Residents property management 12 5,046 74909 - Other professional, scientific and technical activities not elsewhere classified 12 19,058 41100 - Development of building projects 11 10,527 74990 - Non-trading company 11 14,351 43390 - Other building completion and finishing 10 5,855 62090 - Other information technology service activities 10 13,024 70229 - Management consultancy activities other than financial management 10 40,250 62020 - Information technology consultancy activities 9 29,029 56302 - Public houses and bars 9 6,099 86900 - Other human health activities 9 11,292 68209 - Other letting and operating of own or leased real estate 8 10,133 68100 - Buying and selling of own real estate 8 6,413 43210 - Electrical installation 8 6,050
Recent Companies
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Randomly selected companies from this quarter
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