Truro, Cornwall

Q1 2010 Business Confidence Report

Headlines

  • March 2010 saw a new record in net growth in Truro when compared to any previous March.
  • March 2010 was a record month for net growth in Truro when compared to any month in history.

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. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 135 companies were registered in Truro during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 26.2% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)TruroUK
    2010135105,137
    200910791,034
    % change26.2%15.5%
    Record Year 2003 (148) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010303966
    New companies in 2009353141
    % change-14.3%25.8%61.0%
    Record Year2004 (43)2003 (44)2003 (67)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 52 companies were dissolved in Truro during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 16.1% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)TruroUK
    20105282,677
    200962108,060
    % change-16.1%-23.5%
    Record Year 2006 (80) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010111823
    Closed companies in 200981440
    % change37.5%28.6%-43%
    Record Year2006 (42)2006 (24)2009 (40)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Truro during the first quarter of 2010 (Jan 2010 - Mar 2010) was 83 companies.

    first quarter (Jan 2010 - Mar 2010)TruroUK
    20108322,460
    200945-17,026
    Record Year 2003 (102) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    March 2010 saw a new record in net growth in Truro when compared to any previous March.

    March 2010 was a record month for net growth in Truro when compared to any month in history.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010192143
    Net growth in 200927171
    Record Year2003 (27)2003 (33)2010 (43)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Truro formed 0.1% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Truro
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1964 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.2%
    UK formation share in 20090.1%0.1%0.1%
    % change-20.5%7.7%33.8%
    Record Year1964 (0.2%)1985 (0.2%)1961 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 46.9.

    The percentage of directors under the age of 25 was 0.6% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 8.5% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Truro was in 1861 when 40.0% of all directors were female.

    28.2% of all director appointments in Truro in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CORNWALL2.16%MANAGEMENT5.01%
    MANAGEMENT1.35%CONSULTING4.60%
    (CORNWALL)1.21%CONSULTANCY2.87%
    WEST1.08%PROPERTY2.50%
    CORNISH0.81%ASSOCIATES2.04%
    ADMINISTRATION0.81%TRADING1.93%
    HELPING0.81%DESIGN1.91%
    TRURO0.81%CONSTRUCTION1.87%
    MEDIA0.81%MEDIA1.84%
    CARE0.81%BUSINESS1.74%
    HAND0.81%INTERNATIONAL1.73%
    SOUTH0.67%CONSULTANTS1.63%
    PLC0.67%ENGINEERING1.54%
    ENERGY0.67%J1.48%
    PROPERTY0.67%LONDON1.45%
    CENTRE0.67%INVESTMENTS1.45%
    ROSELAND0.67%GROUP1.37%
    CONSULTING0.67%GLOBAL1.35%
    HOLDINGS0.67%PROPERTIES1.35%
    FALMOUTH0.54%BUILDING1.34%
    ENTERPRISES0.54%CARE1.33%
    COMMUNITY0.54%ELECTRICAL1.30%
    HOME0.54%M1.28%
    CAPITAL0.54%SYSTEMS1.25%
    MARKETING0.54%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied85228,645
    7487 - Other business activities8574,904
    74909 - Other professional, scientific and technical activities not elsewhere classified427,143
    9305 - Other service activities299,038
    98000 - Residents property management243,892
    74990 - Non-trading company148,149
    82990 - Other business support service activities not elsewhere classified1426,974
    9999 - Dormant Company1419,948
    99999 - Dormant Company1213,808
    7414 - Business & management consultancy1217,003
    96090 - Other service activities not elsewhere classified118,154
    86900 - Other human health activities103,445
    7032 - Manage real estate, fee or contract92,355
    70229 - Management consultancy activities other than financial management814,007
    7499 - Non-trading company815,398
    62090 - Other information technology service activities76,340
    62020 - Information technology consultancy activities79,943
    41100 - Development of building projects74,513
    4521 - General construction & civil engineering79,325
    68320 - Management of real estate on a fee or contract basis63,169

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07170545 KPS LETTINGS LTD 25 Feb 2010
    07165380 HELPING HAND (BRISTOL) LTD 23 Feb 2010
    07161497 DAVESAFE LIMITED 18 Feb 2010
    07159630 CAD ARCHITECTURE (SOUTH WEST) LTD 16 Feb 2010
    07159544 T&G POLO LIMITED 16 Feb 2010
    07155478 BLUESOLVE LIMITED 12 Feb 2010
    07155425 ALPHATECH COMPUTERS LIMITED 12 Feb 2010
    07150872 ONE AND ALL SECURITY LTD 09 Feb 2010
    07149507 COLLINS OF PROBUS LIMITED 08 Feb 2010
    OC352497 NDF LETH LLP 19 Feb 2010
    07168559 MICHAEL CRICH ASSOCIATES LIMITED 24 Feb 2010
    07159121 CORNISH EVENTS AND BESPOKE PARTY CONSULTANTS LTD 16 Feb 2010
    07149834 APPRISE COMPUTING LTD 08 Feb 2010
    07170054 EASTPOINTSWEST LIMITED 25 Feb 2010
    07157735 SIMON MILNES ESTATE AGENCY LTD 15 Feb 2010
    07171484 EUROPA-WERBUNG LTD 26 Feb 2010
    07169318 MAMPLEX LTD 25 Feb 2010
    07168048 GROSS + PARTNER LTD 24 Feb 2010
    07166813 ZZ MEDIA SYSTEMS LTD 23 Feb 2010
    07166328 YOUPRINT BETEILIGUNGEN LTD 23 Feb 2010
    07164612 CREATIVE WOODFLOORS LTD 22 Feb 2010
    07158104 PYHUB LIMITED 15 Feb 2010
    07152910 NOVOME LTD 10 Feb 2010
    07148270 3MS CONSTRUCTION LIMITED 05 Feb 2010
    07147241 VEX ENTERTAINMENT LTD 05 Feb 2010