Truro, Cornwall
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company registrations in Truro when compared to any previous June.
- June 2010 saw a new record in net growth in Truro when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 257 companies were formed in Truro. This figure is 29.8% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Truro occurred in 2003 when a total of 285 were formed.
Half Year (Jan-Jun) Truro UK 2010 257 203,749 2009 198 182,021 % change 29.8% 11.9% Record Year 2003 (285) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 122 companies were registered in Truro during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 34.1% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Truro UK 2010 122 98,612 2009 91 90,987 % change 34.1% 8.4% Record Year 2003 (137) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Truro when compared to any previous June.
New Companies by Month
April May June New companies in 2010 34 39 49 New companies in 2009 36 26 29 % change -5.6% 50.0% 69.0% Record Year 2003 (53) 2003 (44) 2010 (49)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 103 companies were dissolved in Truro. This figure is 23.7% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Truro occurred in 2009 when a total of 135 were closed.
Half Year (Jan-Jun) Truro UK 2010 103 177,631 2009 135 289,236 % change -23.7% -38.6% Record Year 2009 (135) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 51 companies were dissolved in Truro during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 30.1% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Truro UK 2010 51 94,954 2009 73 181,176 % change -30.1% -47.6% Record Year 2009 (73) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 15 15 21 Closed companies in 2009 17 43 13 % change -11.8% -65.1% 62% Record Year 2004 (25) 2009 (43) 2004 (31)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Truro increased by 154 companies.
Half Year (Jan-Jun) Truro UK 2010 154 26,118 2009 63 -107,215 Record Year 2003 (197) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Truro during the second quarter of 2010 (Apr 2010 - Jun 2010) was 71 companies.
second quarter (Apr 2010 - Jun 2010) Truro UK 2010 71 3,658 2009 18 -90,189 Record Year 2003 (95) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in net growth in Truro when compared to any previous June.
Net Growth by Month
April May June Net growth in 2010 19 24 28 Net growth in 2009 19 -17 16 Record Year 2003 (39) 2003 (35) 2010 (28)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Truro formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) 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 Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Truro formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Truro 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1963 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -13.1% 43.1% 52.0% Record Year 1978 (0.2%) 1967 (0.4%) 1963 (0.4%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 47.4.
The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 8.8% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 48.0.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 9.1% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Truro was 1861 when 40.0% of all directors were female.
28.0% of all director appointments in Truro in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Truro was in 1866 when 66.7% of all directors were female.
27.6% of all director appointments in Truro in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.27% MANAGEMENT 5.01% MANAGEMENT 1.39% CONSULTING 4.79% (CORNWALL) 1.13% CONSULTANCY 3.02% TRURO 1.01% PROPERTY 2.40% CARE 0.88% ASSOCIATES 2.02% CORNISH 0.88% TRADING 2.01% WEST 0.76% DESIGN 1.91% PLC 0.76% CONSTRUCTION 1.85% FALMOUTH 0.76% MEDIA 1.80% DEVELOPMENT 0.63% BUSINESS 1.75% ADMINISTRATION 0.63% CONSULTANTS 1.71% MEDIA 0.63% INTERNATIONAL 1.59% FARM 0.63% ENGINEERING 1.56% DENTAL 0.63% LONDON 1.52% ENTERPRISES 0.63% INVESTMENTS 1.49% CENTRE 0.50% J 1.46% ENERGY 0.50% CARE 1.41% PROPERTY 0.50% GLOBAL 1.39% COMMUNITY 0.50% PROPERTIES 1.35% MARKETING 0.50% BUILDING 1.33% HOME 0.50% M 1.29% PROPERTIES 0.50% IT 1.28% HILL 0.38% ELECTRICAL 1.27% 3 0.38% GROUP 1.25% SW 0.38% DEVELOPMENTS 1.25%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies 7487 - Other business activities 85 68,525 None Supplied 79 207,125 74909 - Other professional, scientific and technical activities not elsewhere classified 43 6,684 9305 - Other service activities 28 8,822 98000 - Residents property management 17 3,540 74990 - Non-trading company 16 7,893 82990 - Other business support service activities not elsewhere classified 15 25,942 9999 - Dormant Company 14 19,842 96090 - Other service activities not elsewhere classified 12 7,922 7414 - Business & management consultancy 12 14,598 99999 - Dormant Company 11 14,342 70229 - Management consultancy activities other than financial management 8 13,490 86900 - Other human health activities 8 3,450 7032 - Manage real estate, fee or contract 8 2,301 7499 - Non-trading company 7 13,997 41100 - Development of building projects 6 3,945 68320 - Management of real estate on a fee or contract basis 6 3,070 62020 - Information technology consultancy activities 6 8,590 5190 - Other wholesale 6 1,474 4521 - General construction & civil engineering 6 8,262
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07239534 TREVEAR FARMS LIMITED 29 Apr 2010 07239181 POOL OF ENERGY LIMITED 29 Apr 2010 07238483 WJB DATABUILD SOLUTIONS LIMITED 29 Apr 2010 07238336 VISUAL AWARENESS LIMITED 29 Apr 2010 07229127 THE CEDARS TRURO RTM COMPANY LIMITED 20 Apr 2010 07228247 INDIE RECORDS LTD 20 Apr 2010 07223093 HYDROGRAPHIC SURVEY LIMITED 14 Apr 2010 07221744 MOO MOOZ CORNWALL LTD 13 Apr 2010 07218910 WRIGHT BROTHERS SOHO LIMITED 09 Apr 2010 07212888 C V R BLACKER LTD 06 Apr 2010 07235355 OCEAN RESOURCE ENGINEERS LIMITED 26 Apr 2010 07218931 CORNISH HANDMADE BEDS LTD 09 Apr 2010 07213909 UNITED DOWNS PROPERTIES LIMITED 06 Apr 2010 07212268 WILLIAM JAMES PLASTERING LIMITED 06 Apr 2010 07234068 U BUY RIGHT LTD 23 Apr 2010 07231728 KUDO SOLUTIONS LIMITED 22 Apr 2010 07227254 CAPITOL W.B.C. PLC 19 Apr 2010 07223274 BEKIM FALK LTD 14 Apr 2010 07220493 SD ADMIN LTD 12 Apr 2010 07216957 SKIWIWI LTD 08 Apr 2010 07216349 HILL CONTRACTING LIMITED 08 Apr 2010 07214254 LIFTTECHNIK SAUERLAND LTD 07 Apr 2010 07213917 ATC-ARCOR TRADING COMPANY LTD 06 Apr 2010 07213071 MYNETKONTOR LTD 06 Apr 2010 07210820 TRURO GYNAECOLOGISTS LIMITED 01 Apr 2010
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