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
New Company Registrations
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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) Truro UK 2010 109 101,492 2009 86 94,671 % change 26.7% 7.2% Record Year 2003 (117) 2003 (107,203) New Companies by Quarter
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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
July August September New companies in 2010 34 32 43 New companies in 2009 33 29 24 % change 3.0% 10.3% 79.2% Record Year 2002 (41) 2003 (42) 2010 (43)
Closed Companies (dissolved)
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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) Truro UK 2010 54 87,705 2009 58 159,401 % change -6.9% -45.0% Record Year 2005 (62) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2010 24 15 15 Closed companies in 2009 11 15 32 % change 118.2% 0.0% -53% Record Year 2010 (24) 2005 (34) 2009 (32)
Net Company Growth
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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) Truro UK 2010 55 13,787 2009 28 -64,730 Record Year 2002 (78) 2003 (60,597) Net Growth by Quarter
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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
July August September Net growth in 2010 10 17 28 Net growth in 2009 22 14 -8 Record Year 2002 (26) 2002 (26) 2010 (28)
UK Company Share
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1976 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -4.1% 0.2% 71.8% Record Year 1976 (0.2%) 1975 (0.2%) 1969 (0.5%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.39% MANAGEMENT 5.06% MANAGEMENT 1.43% CONSULTING 4.99% (CORNWALL) 1.19% CONSULTANCY 3.12% TRURO 0.95% PROPERTY 2.38% CARE 0.84% TRADING 2.04% PLC 0.84% ASSOCIATES 2.01% FALMOUTH 0.84% DESIGN 1.93% ADMINISTRATION 0.72% CONSTRUCTION 1.86% WEST 0.72% BUSINESS 1.80% DEVELOPMENT 0.60% MEDIA 1.75% J 0.60% CONSULTANTS 1.73% MEDIA 0.60% LONDON 1.59% MARKETING 0.60% ENGINEERING 1.59% FARM 0.60% INVESTMENTS 1.49% DENTAL 0.60% CARE 1.44% ENERGY 0.48% J 1.44% KS 0.48% INTERNATIONAL 1.43% DESIGN 0.48% GLOBAL 1.42% SPV 0.48% IT 1.35% (SW) 0.48% PROPERTIES 1.35% COMMUNITY 0.48% BUILDING 1.32% CIC 0.48% ELECTRICAL 1.30% TRADING 0.48% M 1.28% CORNISH 0.48% SYSTEMS 1.26% PROPERTY 0.48% S 1.24%
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 93 69,802 None Supplied 83 202,902 74909 - Other professional, scientific and technical activities not elsewhere classified 41 6,460 9305 - Other service activities 24 9,454 98000 - Residents property management 17 3,273 74990 - Non-trading company 16 7,649 9999 - Dormant Company 14 21,484 82990 - Other business support service activities not elsewhere classified 13 25,053 96090 - Other service activities not elsewhere classified 12 7,767 99999 - Dormant Company 10 14,072 7414 - Business & management consultancy 10 14,940 7499 - Non-trading company 9 13,408 70229 - Management consultancy activities other than financial management 8 13,161 86900 - Other human health activities 7 3,361 41100 - Development of building projects 6 3,688 4525 - Other special trades construction 6 2,071 68320 - Management of real estate on a fee or contract basis 6 2,962 62020 - Information technology consultancy activities 6 8,292 5190 - Other wholesale 6 1,554 8514 - Other human health activities 6 2,650
Recent Companies
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Randomly selected companies from this quarter
reports
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