Truro, Cornwall

Q3 2010 Business Confidence Report

Headlines

  • September 2010 saw a new record in company registrations in Truro when compared to any previous September.
  • July 2010 saw a new record in company closures in Truro when compared to any previous July.
  • September 2010 saw a new record in net growth in Truro when compared to any previous September.

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 (Q3 Jul-Sep 2010)

    A total of 109 companies were registered in Truro during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 26.7% versus the same period last year (Q3 2009). This figure compares well to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)TruroUK
    2010109101,492
    20098694,671
    % change26.7%7.2%
    Record Year 2003 (117) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    September 2010 saw a new record in company registrations in Truro when compared to any previous September.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010343243
    New companies in 2009332924
    % change3.0%10.3%79.2%
    Record Year2002 (41)2003 (42)2010 (43)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    A total of 54 companies were dissolved in Truro during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 6.9% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)TruroUK
    20105487,705
    200958159,401
    % change-6.9%-45.0%
    Record Year 2005 (62) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    July 2010 saw a new record in company closures in Truro when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010241515
    Closed companies in 2009111532
    % change118.2%0.0%-53%
    Record Year2010 (24)2005 (34)2009 (32)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Truro during the third quarter of 2010 (Jul 2010 - Sep 2010) was 55 companies.

    third quarter (Jul 2010 - Sep 2010)TruroUK
    20105513,787
    200928-64,730
    Record Year 2002 (78) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

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

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2010101728
    Net growth in 20092214-8
    Record Year2002 (26)2002 (26)2010 (28)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

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

    third quarter (Jul 2010 - Sep 2010)Truro
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1976 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-4.1%0.2%71.8%
    Record Year1976 (0.2%)1975 (0.2%)1969 (0.5%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 44.7.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Truro was in 1862 when 50.0% of all directors were female.

    28.7% of all director appointments in Truro in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CORNWALL2.39%MANAGEMENT5.06%
    MANAGEMENT1.43%CONSULTING4.99%
    (CORNWALL)1.19%CONSULTANCY3.12%
    TRURO0.95%PROPERTY2.38%
    CARE0.84%TRADING2.04%
    PLC0.84%ASSOCIATES2.01%
    FALMOUTH0.84%DESIGN1.93%
    ADMINISTRATION0.72%CONSTRUCTION1.86%
    WEST0.72%BUSINESS1.80%
    DEVELOPMENT0.60%MEDIA1.75%
    J0.60%CONSULTANTS1.73%
    MEDIA0.60%LONDON1.59%
    MARKETING0.60%ENGINEERING1.59%
    FARM0.60%INVESTMENTS1.49%
    DENTAL0.60%CARE1.44%
    ENERGY0.48%J1.44%
    KS0.48%INTERNATIONAL1.43%
    DESIGN0.48%GLOBAL1.42%
    SPV0.48%IT1.35%
    (SW)0.48%PROPERTIES1.35%
    COMMUNITY0.48%BUILDING1.32%
    CIC0.48%ELECTRICAL1.30%
    TRADING0.48%M1.28%
    CORNISH0.48%SYSTEMS1.26%
    PROPERTY0.48%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    7487 - Other business activities9369,802
    None Supplied83202,902
    74909 - Other professional, scientific and technical activities not elsewhere classified416,460
    9305 - Other service activities249,454
    98000 - Residents property management173,273
    74990 - Non-trading company167,649
    9999 - Dormant Company1421,484
    82990 - Other business support service activities not elsewhere classified1325,053
    96090 - Other service activities not elsewhere classified127,767
    99999 - Dormant Company1014,072
    7414 - Business & management consultancy1014,940
    7499 - Non-trading company913,408
    70229 - Management consultancy activities other than financial management813,161
    86900 - Other human health activities73,361
    41100 - Development of building projects63,688
    4525 - Other special trades construction62,071
    68320 - Management of real estate on a fee or contract basis62,962
    62020 - Information technology consultancy activities68,292
    5190 - Other wholesale61,554
    8514 - Other human health activities62,650

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07355809 JCAD INCORPORATED LTD 24 Aug 2010
    07349166 CLIVE MARTIN INTERIORS LIMITED 18 Aug 2010
    07341580 JLN ASSOCIATES LIMITED 10 Aug 2010
    07337186 WALLACE ELECTRICAL (CORNWALL) LTD 05 Aug 2010
    07334334 KENWYN VETERINARY CENTRE LIMITED 03 Aug 2010
    07333176 WHY SEARCH LIMITED 02 Aug 2010
    OC357550 SHAMPOO PLANET PLYMOUTH LLP 31 Aug 2010
    07356735 PENHALIGON'S HOSPITALITY LIMITED 25 Aug 2010
    07350549 THE CORNISH FOOD BOX COMPANY LIMITED 19 Aug 2010
    07349632 MAEN KARNE CONCRETE PRODUCTS LTD 18 Aug 2010
    07351821 C & H BUILDING SOLUTIONS LIMITED 20 Aug 2010
    07333981 REGAIN (SW) LTD 03 Aug 2010
    07332892 PENNANCE MANAGEMENT COMPANY LIMITED 02 Aug 2010
    07361069 WESMO LOGISTICS LTD 31 Aug 2010
    07361026 AKISOFT LTD 31 Aug 2010
    07360465 TUNNEL-HOSTING LTD 31 Aug 2010
    07358451 KITCHEN KIT LTD 26 Aug 2010
    07348963 MOBILE RENT LTD 18 Aug 2010
    07346215 SHELFCO (88903) LTD 16 Aug 2010
    07345583 CLEARLINE SOUTHWESTERN LIMITED 13 Aug 2010
    07341046 GUP SERVICE LTD 10 Aug 2010
    07339222 PLANETARY TRADE LIMITED 09 Aug 2010
    07338044 THE JOLLY FRYER (PORTHTOWAN) LIMITED 06 Aug 2010
    07336721 SPIOS LTD 05 Aug 2010
    OC357279 GAL GLOBAL ASSOCIATES LLP 20 Aug 2010