Torquay, Devon

2014 Annual Business Confidence Report

Headlines

  • The second half of 2014 saw a new record in company registrations in Torquay when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Torquay when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Torquay when compared to any previous December.
  • October 2014 saw a new record in company registrations in Torquay when compared to any previous October.
  • October 2014 saw a new record in net growth 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 (2014)

    A total of 503 companies were formed in Torquay in 2014. This total is 0.8% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearTorquayUK
    2014503582,051
    2013507529,363
    2012403491,893
    2011377452,870
    2010333400,358
    Record Year2013 (507)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Torquay when compared to any previous second half year.

    In the second half of 2014 a total of 260 companies were formed in Torquay. This figure is 9.7% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Torquay occurred in 2014 when a total of 260 were formed.

    Half Year (Jul-Dec)TorquayUK
    2014260281,320
    2013237259,931
    % change9.7%8.2%
    Record Year2014 (260)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Torquay when compared to any previous Q4.

    A total of 139 companies were registered in Torquay during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 13.0% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)TorquayUK
    2014139137,906
    2013123127,247
    % change13.0%8.4%
    Record Year 2014 (139) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Torquay when compared to any previous December.

    October 2014 saw a new record in company registrations in Torquay when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014574240
    New companies in 2013534426
    % change7.5%-4.5%53.8%
    Record Year2014 (57)2013 (44)2014 (40)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 320 companies were dissolved in Torquay in 2014. This total is 8.5% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearTorquayUK
    2014320367,937
    2013295332,213
    2012248293,729
    2011263314,524
    2010308342,233
    Record Year2009 (414)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 174 companies were dissolved in Torquay. This figure is 4.2% higher than last year, which compares well to the UK wide change of 7.7%.

    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
    2014174190,730
    2013167177,021
    % change4.2%7.7%
    Record Year2009 (184)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 74 companies were dissolved in Torquay during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 9.8% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)TorquayUK
    20147489,060
    20138290,851
    % change-9.8%-2.0%
    Record Year 2013 (82) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014232724
    Closed companies in 2013203527
    % change15.0%-22.9%-11%
    Record Year2012 (36)2013 (35)2013 (27)

Net Company Growth

  1. Annual Data (2014)

    A total of 183 companies were added to the company register for Torquay in 2014. This number represents growth of 36.4% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 29 companies lower 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.

    YearTorquayUK
    2014183214,114
    2013212197,150
    2012155198,164
    2011114138,346
    20102558,125
    Record Year2013 (212)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Torquay increased by 86 companies.

    Half Year (Jul-Dec)TorquayUK
    20148690,590
    20137082,910
    Record Year2003 (117)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Torquay during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 65 companies.

    fourth quarter (Oct 2014 - Dec 2014)TorquayUK
    20146548,846
    20134136,396
    Record Year 2008 (68) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in net growth in Torquay when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014341516
    Net growth in 2013339-1
    Record Year2003 (34)2003 (21)2008 (28)

UK Company Share

  1. Annual Data (2014)

    In 2014 Torquay formed 0.1% of all UK companies. This is no change on 2013 when Torquay was responsible for 0.1% of all UK companies.

    YearTorquay
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)1998 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Torquay formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Torquay
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1999 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Torquay formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Torquay
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1998 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change2.3%-9.4%31.6%
    Record Year1998 (0.1%)2000 (0.2%)1992 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 47.0.

    The percentage of directors under the age of 25 was 7.9% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 47.1.

    The percentage of directors under the age of 25 was 7.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 46.1.

    The percentage of directors under the age of 25 was 7.9% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    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 2014 was 28.5%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Torquay was 2006 when 34.1% of all directors were female.

    27.8% of all director appointments in Torquay in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Torquay was in 2012 when 33.3% of all directors were female.

    28.2% of all director appointments in Torquay in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.56%CONSULTING5.22%
    TORQUAY1.11%MANAGEMENT4.58%
    DEVON0.89%CONSULTANCY3.57%
    TORBAY0.78%PROPERTY2.66%
    CONSULTING0.67%CONSTRUCTION2.12%
    LE0.67%ENGINEERING2.10%
    (TORQUAY)0.56%CARE2.02%
    BUILDING0.56%TRADING1.94%
    CONSTRUCTION0.56%LONDON1.93%
    CO0.56%TRANSPORT1.93%
    DIRECT0.56%DESIGN1.66%
    PLUMBING0.56%CONSULTANTS1.64%
    SOUTH0.56%ELECTRICAL1.62%
    PROPERTY0.44%PROPERTIES1.62%
    DEVELOPMENTS0.44%BUSINESS1.56%
    CARE0.44%J1.54%
    COURT0.44%CO.,1.50%
    SPORTS0.44%GLOBAL1.49%
    CONSULTANCY0.44%INVESTMENTS1.48%
    ROAD0.44%ASSOCIATES1.47%
    ASSOCIATES0.44%DEVELOPMENTS1.35%
    C.I.C.0.44%MEDIA1.33%
    -0.44%IT1.31%
    WEST0.44%BUILDING1.29%
    FAMILY0.44%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied257265,608
    82990 - Other business support service activities not elsewhere classified7558,068
    99999 - Dormant Company4548,509
    47910 - Retail sale via mail order houses or via Internet1810,107
    55100 - Hotels and similar accommodation181,774
    96090 - Other service activities not elsewhere classified1629,009
    43390 - Other building completion and finishing145,931
    98000 - Residents property management125,255
    62020 - Information technology consultancy activities1230,178
    74909 - Other professional, scientific and technical activities not elsewhere classified1219,049
    70229 - Management consultancy activities other than financial management1142,290
    68209 - Other letting and operating of own or leased real estate1111,212
    56101 - Licensed restaurants118,782
    86230 - Dental practice activities102,164
    43210 - Electrical installation105,985
    43999 - Other specialised construction activities not elsewhere classified108,761
    41100 - Development of building projects1011,397
    41202 - Construction of domestic buildings97,559
    86900 - Other human health activities912,976
    74100 - specialised design activities84,841

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09243034 TNT MARKETING LTD 01 Oct 2014
    09250027 UK SOLAR TODAY LTD 06 Oct 2014
    09258100 DEVON DAMP LTD 10 Oct 2014
    09259508 TIGER BILLS MANAGEMENT LIMITED 10 Oct 2014
    09263245 AU BORD DE LA MER TORQUAY LIMITED 14 Oct 2014
    09269819 SDB ASSOCIATES LIMITED 17 Oct 2014
    09278358 DOLPHIN HOUSE (TORQUAY) MANAGEMENT COMPANY LIMITED 23 Oct 2014
    09280875 THROUGH GENERATIONS LTD. 27 Oct 2014
    09281112 MRC TRAWLER LOGISTICS LIMITED 27 Oct 2014
    09246647 D WHITEHOUSE PLUMBING & HEATING SERVICES LTD 02 Oct 2014
    09247152 LIPOKATICS LIMITED 02 Oct 2014
    09248830 ARDUENA LIMITED 03 Oct 2014
    09253036 JARDIN VIVANT LIMITED 07 Oct 2014
    09253362 COMPAGNIE DE CONTROLE ET SERVICES NORMANDE LIMITED 07 Oct 2014
    09259738 DR. HASSAN HAMEED ENTERPRISE LIMITED 13 Oct 2014
    09263964 A2G INVEST LIMITED 14 Oct 2014
    09267381 DOOLEY CONSTRUCTION SERVICES LIMITED 16 Oct 2014
    09269975 BENGAL TAKEAWAY LIMITED 17 Oct 2014
    09271787 GST BOIS LOGISTIC LIMITED 20 Oct 2014
    09277889 FT2 INVENTORIES LTD 23 Oct 2014
    09278185 ESTHETIC CONSULT FRANCE LIMITED 23 Oct 2014
    09280529 SHARK BAR LIMITED 27 Oct 2014
    09280730 PAUL ROSSER CONSULTING LTD. 27 Oct 2014
    09280823 BUY DIRECT SOUTH WEST LIMITED 27 Oct 2014
    09284045 BITBELLOWS LIMITED 28 Oct 2014

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