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

  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. 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)TruroUK
    2010257203,749
    2009198182,021
    % change29.8%11.9%
    Record Year2003 (285)2007 (279,097)
    New Companies by Half Year
  2. 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)TruroUK
    201012298,612
    20099190,987
    % change34.1%8.4%
    Record Year 2003 (137) 2007 (112,283)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2010343949
    New companies in 2009362629
    % change-5.6%50.0%69.0%
    Record Year2003 (53)2003 (44)2010 (49)

Closed Companies (dissolved)

  1. 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)TruroUK
    2010103177,631
    2009135289,236
    % change-23.7%-38.6%
    Record Year2009 (135)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)TruroUK
    20105194,954
    200973181,176
    % change-30.1%-47.6%
    Record Year 2009 (73) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010151521
    Closed companies in 2009174313
    % change-11.8%-65.1%62%
    Record Year2004 (25)2009 (43)2004 (31)

Net Company Growth

  1. 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)TruroUK
    201015426,118
    200963-107,215
    Record Year2003 (197)2007 (171,296)
    Net Growth by Half Year
  2. 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)TruroUK
    2010713,658
    200918-90,189
    Record Year 2003 (95) 2003 (69,274)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 2010192428
    Net growth in 200919-1716
    Record Year2003 (39)2003 (35)2010 (28)

UK Company Share

  1. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1964 (0.2%)
    Company Share by Half Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1963 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-13.1%43.1%52.0%
    Record Year1978 (0.2%)1967 (0.4%)1963 (0.4%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CORNWALL2.27%MANAGEMENT5.01%
    MANAGEMENT1.39%CONSULTING4.79%
    (CORNWALL)1.13%CONSULTANCY3.02%
    TRURO1.01%PROPERTY2.40%
    CARE0.88%ASSOCIATES2.02%
    CORNISH0.88%TRADING2.01%
    WEST0.76%DESIGN1.91%
    PLC0.76%CONSTRUCTION1.85%
    FALMOUTH0.76%MEDIA1.80%
    DEVELOPMENT0.63%BUSINESS1.75%
    ADMINISTRATION0.63%CONSULTANTS1.71%
    MEDIA0.63%INTERNATIONAL1.59%
    FARM0.63%ENGINEERING1.56%
    DENTAL0.63%LONDON1.52%
    ENTERPRISES0.63%INVESTMENTS1.49%
    CENTRE0.50%J1.46%
    ENERGY0.50%CARE1.41%
    PROPERTY0.50%GLOBAL1.39%
    COMMUNITY0.50%PROPERTIES1.35%
    MARKETING0.50%BUILDING1.33%
    HOME0.50%M1.29%
    PROPERTIES0.50%IT1.28%
    HILL0.38%ELECTRICAL1.27%
    30.38%GROUP1.25%
    SW0.38%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    7487 - Other business activities8568,525
    None Supplied79207,125
    74909 - Other professional, scientific and technical activities not elsewhere classified436,684
    9305 - Other service activities288,822
    98000 - Residents property management173,540
    74990 - Non-trading company167,893
    82990 - Other business support service activities not elsewhere classified1525,942
    9999 - Dormant Company1419,842
    96090 - Other service activities not elsewhere classified127,922
    7414 - Business & management consultancy1214,598
    99999 - Dormant Company1114,342
    70229 - Management consultancy activities other than financial management813,490
    86900 - Other human health activities83,450
    7032 - Manage real estate, fee or contract82,301
    7499 - Non-trading company713,997
    41100 - Development of building projects63,945
    68320 - Management of real estate on a fee or contract basis63,070
    62020 - Information technology consultancy activities68,590
    5190 - Other wholesale61,474
    4521 - General construction & civil engineering68,262

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07268566 HAIR AT THE LOUNGE LIMITED 28 May 2010
    07267649 ILEXA ONBOARD DIAGNOSTICS LIMITED 27 May 2010
    07267112 UNEEKA LIMITED 27 May 2010
    07259714 AJJS DEVELOPMENT LTD 20 May 2010
    07259366 HALZEPHRON HERB FARM LIMITED 19 May 2010
    07254582 AUDIO AND CINEMA .CO.UK LIMITED 14 May 2010
    07251692 DEARESTPETS.COM LIMITED 12 May 2010
    07247564 COTTON MILLS CORNWALL LIMITED 10 May 2010
    07244658 CYBERFIN LIMITED 06 May 2010
    07244071 PRIMROSE SOLAR (5) LIMITED 05 May 2010
    07242959 MBNET SOLUTIONS LIMITED 04 May 2010
    07242081 J.S.MILLER INDEPENDENT FINANCIAL PLANNING LIMITED 04 May 2010
    07241181 KRONOS SOLAR LIMITED 04 May 2010
    07263849 TOWSEY PLASTERING CONTRACTORS LIMITED 25 May 2010
    07253979 ARCH OM LIMITED 14 May 2010
    07247379 TREWARTHA CHAPEL FARM LIMITED 10 May 2010
    07265572 THE MUNCH BAR LTD 26 May 2010
    07245006 THE STAG HUNT INN LIMITED 06 May 2010
    07260621 POLMANTER LIMITED 20 May 2010
    07260100 JELIBEAN LIMITED 20 May 2010
    07255284 TRECERUS MANAGEMENT NO 1 LIMITED 17 May 2010
    07251279 ELECTRICAL SERVICES BRUNNER LTD 12 May 2010
    07251268 CONCORD BG LTD 12 May 2010
    07249051 M&S ASSEMBLING LTD 11 May 2010
    07248916 SLS SPORTS LTD 11 May 2010