Truro, Cornwall

2010 Annual Business Confidence Report

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. Annual Data (2010)

    A total of 464 companies were formed in Truro in 2010. This total is 18.7% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearTruroUK
    2010464400,358
    2009391362,675
    2008325349,203
    2007341457,649
    2006361405,440
    Record Year2003 (520)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 207 companies were formed in Truro. This figure is 7.3% higher than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Truro occurred in 2003 when a total of 235 were formed.

    Half Year (Jul-Dec)TruroUK
    2010207196,609
    2009193180,654
    % change7.3%8.8%
    Record Year2003 (235)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 98 companies were registered in Truro during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 8.4% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)TruroUK
    20109895,117
    200910785,983
    % change-8.4%10.6%
    Record Year 2002 (124) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010334025
    New companies in 2009334133
    % change0.0%-2.4%-24.2%
    Record Year2002 (47)2002 (42)2002 (35)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 206 companies were dissolved in Truro in 2010. This total is 17.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearTruroUK
    2010206342,232
    2009250533,773
    2008129237,901
    2007119220,295
    2006220200,166
    Record Year2009 (250)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 103 companies were dissolved in Truro. This figure is 10.4% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Truro occurred in 2005 when a total of 122 were closed.

    Half Year (Jul-Dec)TruroUK
    2010103164,601
    2009115244,537
    % change-10.4%-32.7%
    Record Year2005 (122)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 49 companies were dissolved in Truro during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 14.0% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)TruroUK
    20104976,896
    20095785,136
    % change-14.0%-9.7%
    Record Year 2005 (60) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010191416
    Closed companies in 2009211620
    % change-9.5%-12.5%-20%
    Record Year2002 (21)2005 (34)2009 (20)

Net Company Growth

  1. Annual Data (2010)

    A total of 258 companies were added to the company register for Truro in 2010. This number represents growth of 66.0% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 117 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Truro company register grew by 338 companies.

    YearTruroUK
    201025858,126
    2009141-171,098
    2008196111,302
    2007222237,354
    2006141205,274
    Record Year2003 (338)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Truro increased by 104 companies.

    Half Year (Jul-Dec)TruroUK
    201010432,008
    200978-63,883
    Record Year2002 (157)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Truro during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 49 companies.

    fourth quarter (Oct 2010 - Dec 2010)TruroUK
    20104918,221
    200950847
    Record Year 2002 (79) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201014269
    Net growth in 2009122513
    Record Year2008 (29)2003 (29)2002 (30)

UK Company Share

  1. Annual Data (2010)

    In 2010 Truro formed 0.1% of all UK companies. This is no change on 2009 when Truro was responsible for 0.1% of all UK companies.

    YearTruro
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1964 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Truro formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Truro
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1962 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Truro
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1962 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-12.4%-12.7%-27.9%
    Record Year1960 (0.2%)1969 (0.2%)1962 (0.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 47.0.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 7.3% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 46.5.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 48.4.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 8.5% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Truro was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Truro in 2010 was 30.4%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Truro was 1860 when 42.9% of all directors were female.

    29.1% of all director appointments in Truro in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Truro was in 1977 when 31.1% of all directors were female.

    29.5% of all director appointments in Truro in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CORNWALL2.05%CONSULTING5.06%
    MANAGEMENT1.33%MANAGEMENT5.01%
    (CORNWALL)0.96%CONSULTANCY3.14%
    SPV0.96%PROPERTY2.36%
    KS0.96%TRADING2.11%
    PLC0.84%ASSOCIATES1.95%
    TRURO0.72%DESIGN1.92%
    DESIGN0.72%BUSINESS1.82%
    COMMUNITY0.60%CONSTRUCTION1.82%
    MEDICAL0.60%CONSULTANTS1.76%
    DEVELOPMENT0.60%MEDIA1.71%
    CENTRE0.60%ENGINEERING1.62%
    ADMINISTRATION0.60%LONDON1.60%
    FALMOUTH0.60%CARE1.45%
    MARKETING0.48%INVESTMENTS1.44%
    SOFTWARE0.48%GLOBAL1.43%
    PROPERTIES0.48%J1.42%
    CONSTRUCTION0.48%IT1.41%
    FARM0.48%PROPERTIES1.34%
    (SW)0.48%INTERNATIONAL1.34%
    CORNISH0.48%BUILDING1.34%
    M0.48%M1.30%
    C0.48%ELECTRICAL1.25%
    CONSULTING0.48%SYSTEMS1.24%
    TRADING0.48%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied103199,572
    7487 - Other business activities9163,348
    74909 - Other professional, scientific and technical activities not elsewhere classified467,088
    9305 - Other service activities238,858
    82990 - Other business support service activities not elsewhere classified1827,550
    74990 - Non-trading company188,243
    98000 - Residents property management153,235
    96090 - Other service activities not elsewhere classified148,799
    9999 - Dormant Company1420,144
    99999 - Dormant Company1416,285
    7414 - Business & management consultancy1213,474
    7499 - Non-trading company812,000
    70229 - Management consultancy activities other than financial management814,505
    62090 - Other information technology service activities76,330
    86230 - Dental practice activities71,222
    86900 - Other human health activities73,700
    7260 - Other computer related activities68,089
    68320 - Management of real estate on a fee or contract basis63,097
    5190 - Other wholesale61,447
    8514 - Other human health activities62,450

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07424475 JELLY FISH PRINT SOLUTIONS LIMITED 29 Oct 2010
    07422417 CLOSERSTILL MEDICAL HOLDINGS LIMITED 28 Oct 2010
    07420274 ENJOY STREET CART LIMITED 27 Oct 2010
    07416167 CLOSERSTILL MEDICAL LIMITED 22 Oct 2010
    07412553 2&20 VENTURES LIMITED 19 Oct 2010
    07412155 EOLAS ASSOCIATES LTD 19 Oct 2010
    07411030 TRENANCE MILL RESIDENTS ASSOCIATION LIMITED 18 Oct 2010
    07404688 LENHAM SOLAR LIMITED 12 Oct 2010
    07400897 BLOSSOM BAKERY LTD 08 Oct 2010
    07400591 APS PAIN RELIEF UK LTD 08 Oct 2010
    07406450 S3 HAIR STUDIO LIMITED 13 Oct 2010
    07423545 RITZ INTERNATIONAL TRADING LIMITED 29 Oct 2010
    07421269 TOPNET-MARKETING LTD. 27 Oct 2010
    07420997 BETA ENTERTAINMENT LTD. 27 Oct 2010
    07420107 KBB SUPERSTORE LTD 27 Oct 2010
    07420076 WORKTOP FACTORY LTD 27 Oct 2010
    07418784 COLE FREIGHT AND LOGISTICS LIMITED 26 Oct 2010
    07418220 RUSRAZCONT INTERNATIONAL LTD 25 Oct 2010
    07413539 BROADSEA INT'L LTD 20 Oct 2010
    07412655 LITTLE BY LITTLE LTD 19 Oct 2010
    07402356 19AMP LIMITED 11 Oct 2010
    07401064 PREMIUM FITNESS LTD 08 Oct 2010
    07399681 PURESHOWERS LTD 07 Oct 2010
    07397522 INFORMATION TRURO LIMITED 05 Oct 2010
    07395982 WF VERMOEGENSVERWALTUNGS LTD 04 Oct 2010