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
New Company Registrations
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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) Truro UK 2010 135 105,137 2009 107 91,034 % change 26.2% 15.5% Record Year 2003 (148) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 30 39 66 New companies in 2009 35 31 41 % change -14.3% 25.8% 61.0% Record Year 2004 (43) 2003 (44) 2003 (67)
Closed Companies (dissolved)
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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) Truro UK 2010 52 82,677 2009 62 108,060 % change -16.1% -23.5% Record Year 2006 (80) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Dissolved Companies by Month
January February March Closed companies in 2010 11 18 23 Closed companies in 2009 8 14 40 % change 37.5% 28.6% -43% Record Year 2006 (42) 2006 (24) 2009 (40)
Net Company Growth
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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) Truro UK 2010 83 22,460 2009 45 -17,026 Record Year 2003 (102) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2010 19 21 43 Net growth in 2009 27 17 1 Record Year 2003 (27) 2003 (33) 2010 (43)
UK Company Share
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1964 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.1% 0.1% 0.2% UK formation share in 2009 0.1% 0.1% 0.1% % change -20.5% 7.7% 33.8% Record Year 1964 (0.2%) 1985 (0.2%) 1961 (0.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.16% MANAGEMENT 5.01% MANAGEMENT 1.35% CONSULTING 4.60% (CORNWALL) 1.21% CONSULTANCY 2.87% WEST 1.08% PROPERTY 2.50% CORNISH 0.81% ASSOCIATES 2.04% ADMINISTRATION 0.81% TRADING 1.93% HELPING 0.81% DESIGN 1.91% TRURO 0.81% CONSTRUCTION 1.87% MEDIA 0.81% MEDIA 1.84% CARE 0.81% BUSINESS 1.74% HAND 0.81% INTERNATIONAL 1.73% SOUTH 0.67% CONSULTANTS 1.63% PLC 0.67% ENGINEERING 1.54% ENERGY 0.67% J 1.48% PROPERTY 0.67% LONDON 1.45% CENTRE 0.67% INVESTMENTS 1.45% ROSELAND 0.67% GROUP 1.37% CONSULTING 0.67% GLOBAL 1.35% HOLDINGS 0.67% PROPERTIES 1.35% FALMOUTH 0.54% BUILDING 1.34% ENTERPRISES 0.54% CARE 1.33% COMMUNITY 0.54% ELECTRICAL 1.30% HOME 0.54% M 1.28% CAPITAL 0.54% SYSTEMS 1.25% MARKETING 0.54% S 1.23%
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 85 228,645 7487 - Other business activities 85 74,904 74909 - Other professional, scientific and technical activities not elsewhere classified 42 7,143 9305 - Other service activities 29 9,038 98000 - Residents property management 24 3,892 74990 - Non-trading company 14 8,149 82990 - Other business support service activities not elsewhere classified 14 26,974 9999 - Dormant Company 14 19,948 99999 - Dormant Company 12 13,808 7414 - Business & management consultancy 12 17,003 96090 - Other service activities not elsewhere classified 11 8,154 86900 - Other human health activities 10 3,445 7032 - Manage real estate, fee or contract 9 2,355 70229 - Management consultancy activities other than financial management 8 14,007 7499 - Non-trading company 8 15,398 62090 - Other information technology service activities 7 6,340 62020 - Information technology consultancy activities 7 9,943 41100 - Development of building projects 7 4,513 4521 - General construction & civil engineering 7 9,325 68320 - Management of real estate on a fee or contract basis 6 3,169
Recent Companies
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Randomly selected companies from this quarter
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