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
New Company Registrations
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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.
Year Torquay UK 2014 503 582,051 2013 507 529,363 2012 403 491,893 2011 377 452,870 2010 333 400,358 Record Year 2013 (507) 2014 (582,051) New Companies by Year
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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) Torquay UK 2014 260 281,320 2013 237 259,931 % change 9.7% 8.2% Record Year 2014 (260) 2014 (281,320) New Companies by Half Year
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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) Torquay UK 2014 139 137,906 2013 123 127,247 % change 13.0% 8.4% Record Year 2014 (139) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 57 42 40 New companies in 2013 53 44 26 % change 7.5% -4.5% 53.8% Record Year 2014 (57) 2013 (44) 2014 (40)
Closed Companies (dissolved)
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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.
Year Torquay UK 2014 320 367,937 2013 295 332,213 2012 248 293,729 2011 263 314,524 2010 308 342,233 Record Year 2009 (414) 2009 (533,789) Dissolved Companies by Year
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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) Torquay UK 2014 174 190,730 2013 167 177,021 % change 4.2% 7.7% Record Year 2009 (184) 2009 (244,544) Dissolved Companies by Half Year
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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) Torquay UK 2014 74 89,060 2013 82 90,851 % change -9.8% -2.0% Record Year 2013 (82) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 23 27 24 Closed companies in 2013 20 35 27 % change 15.0% -22.9% -11% Record Year 2012 (36) 2013 (35) 2013 (27)
Net Company Growth
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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.
Year Torquay UK 2014 183 214,114 2013 212 197,150 2012 155 198,164 2011 114 138,346 2010 25 58,125 Record Year 2013 (212) 2007 (237,353) Net Growth by Year
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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) Torquay UK 2014 86 90,590 2013 70 82,910 Record Year 2003 (117) 2003 (117,772) Net Growth by Half Year
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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) Torquay UK 2014 65 48,846 2013 41 36,396 Record Year 2008 (68) 2012 (49,848) Net Growth by Quarter
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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
October November December Net growth in 2014 34 15 16 Net growth in 2013 33 9 -1 Record Year 2003 (34) 2003 (21) 2008 (28)
UK Company Share
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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.
Year 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 Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1999 (0.1%) Company Share by Half Year
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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 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 Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 2.3% -9.4% 31.6% Record Year 1998 (0.1%) 2000 (0.2%) 1992 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.56% CONSULTING 5.22% TORQUAY 1.11% MANAGEMENT 4.58% DEVON 0.89% CONSULTANCY 3.57% TORBAY 0.78% PROPERTY 2.66% CONSULTING 0.67% CONSTRUCTION 2.12% LE 0.67% ENGINEERING 2.10% (TORQUAY) 0.56% CARE 2.02% BUILDING 0.56% TRADING 1.94% CONSTRUCTION 0.56% LONDON 1.93% CO 0.56% TRANSPORT 1.93% DIRECT 0.56% DESIGN 1.66% PLUMBING 0.56% CONSULTANTS 1.64% SOUTH 0.56% ELECTRICAL 1.62% PROPERTY 0.44% PROPERTIES 1.62% DEVELOPMENTS 0.44% BUSINESS 1.56% CARE 0.44% J 1.54% COURT 0.44% CO., 1.50% SPORTS 0.44% GLOBAL 1.49% CONSULTANCY 0.44% INVESTMENTS 1.48% ROAD 0.44% ASSOCIATES 1.47% ASSOCIATES 0.44% DEVELOPMENTS 1.35% C.I.C. 0.44% MEDIA 1.33% - 0.44% IT 1.31% WEST 0.44% BUILDING 1.29% FAMILY 0.44% M 1.22%
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 257 265,608 82990 - Other business support service activities not elsewhere classified 75 58,068 99999 - Dormant Company 45 48,509 47910 - Retail sale via mail order houses or via Internet 18 10,107 55100 - Hotels and similar accommodation 18 1,774 96090 - Other service activities not elsewhere classified 16 29,009 43390 - Other building completion and finishing 14 5,931 98000 - Residents property management 12 5,255 62020 - Information technology consultancy activities 12 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 12 19,049 70229 - Management consultancy activities other than financial management 11 42,290 68209 - Other letting and operating of own or leased real estate 11 11,212 56101 - Licensed restaurants 11 8,782 86230 - Dental practice activities 10 2,164 43210 - Electrical installation 10 5,985 43999 - Other specialised construction activities not elsewhere classified 10 8,761 41100 - Development of building projects 10 11,397 41202 - Construction of domestic buildings 9 7,559 86900 - Other human health activities 9 12,976 74100 - specialised design activities 8 4,841
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09294076 TOTAL IMMERSION SOFTWARE LIMITED 04 Nov 2014 09298662 PRESTIGE INVOICE DISCOUNTING LIMITED 06 Nov 2014 09308046 PROJECT BRAND LIMITED 12 Nov 2014 09320911 CHISHOMES (SOUTH WEST) LIMITED 20 Nov 2014 09292456 APEX LASER LTD 03 Nov 2014 09292522 CYTO CORD MEDICAL SERVICES LTD 03 Nov 2014 09292839 SB DESTINY LIMITED 03 Nov 2014 09297315 LAIDCO LIMITED 05 Nov 2014 09299854 OR LPM ONE LIMITED 06 Nov 2014 09303615 CANDY CUSTOM SPORTS LIMITED 10 Nov 2014 09303849 CHINNOOS LIMITED 10 Nov 2014 09305378 TAMBASCHI STONE & SCULPTURE LTD 11 Nov 2014 09310022 L. P. M. ONE LIMITED 13 Nov 2014 09311199 CANRUA LIMITED 14 Nov 2014 09311663 BAY UPHOLSTERY LIMITED 14 Nov 2014 09313128 FIRST CRYPTO ADVISORS LTD. 17 Nov 2014 09314228 CYTO CORD MANAGEMENT LTD 17 Nov 2014 09315889 OTR RESTAURANT LTD 18 Nov 2014 09318882 MCD COACHING AND CONSULTING LIMITED 19 Nov 2014 09324793 CYTO CORD LTD 24 Nov 2014 09325293 AMHELL LIMITED 24 Nov 2014 09325382 KERGUEV LIMITED 24 Nov 2014 09328360 AT DESIGN SOUTH WEST LIMITED 26 Nov 2014 09330730 NOMTHE LIMITED 27 Nov 2014 09331782 SJ MARKET CONSULTING LIMITED 28 Nov 2014
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