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Truro, Cornwall

Q1 2011 Business Confidence Report

Headlines

  • February 2011 saw a new record in company registrations in Truro when compared to any previous February.

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 (Q1 Jan-Mar 2011)

    A total of 122 companies were registered in Truro during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 9.6% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)TruroUK
    2011122116,391
    2010135105,137
    % change-9.6%10.7%
    Record Year 2003 (148) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company registrations in Truro when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011354740
    New companies in 2010303966
    % change16.7%20.5%-39.4%
    Record Year2004 (43)2011 (47)2003 (67)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 60 companies were dissolved in Truro during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 15.4% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)TruroUK
    20116090,986
    20105282,677
    % change15.4%10.0%
    Record Year 2006 (80) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011191823
    Closed companies in 2010111823
    % change72.7%0.0%0%
    Record Year2006 (42)2006 (24)2009 (40)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Truro during the first quarter of 2011 (Jan 2011 - Mar 2011) was 62 companies.

    first quarter (Jan 2011 - Mar 2011)TruroUK
    20116225,405
    20108322,460
    Record Year 2003 (102) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011162917
    Net growth in 2010192143
    Record Year2003 (27)2003 (33)2010 (43)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Truro formed 0.1% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Truro
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1964 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.2%
    % change0.7%6.0%-42.2%
    Record Year1964 (0.2%)1985 (0.2%)1961 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 48.8.

    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 11.4% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Truro was in 1861 when 40.0% of all directors were female.

    28.9% of all director appointments in Truro in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.48%CONSULTING5.04%
    CORNWALL1.48%MANAGEMENT4.97%
    SPV1.35%CONSULTANCY3.16%
    KS1.35%PROPERTY2.38%
    (CORNWALL)1.11%TRADING2.10%
    TRURO0.86%DESIGN1.93%
    COMMUNITY0.74%ASSOCIATES1.92%
    CIC0.62%BUSINESS1.87%
    TRADING0.62%CONSTRUCTION1.80%
    MEDICAL0.62%CONSULTANTS1.76%
    CONSULTING0.62%MEDIA1.69%
    B0.62%ENGINEERING1.61%
    HEALTH0.49%LONDON1.60%
    FARM0.49%CARE1.45%
    ASSOCIATES0.49%J1.45%
    DEVELOPMENT0.49%GLOBAL1.44%
    FALMOUTH0.49%INVESTMENTS1.43%
    PROPERTIES0.49%IT1.41%
    MEDIA0.49%PROPERTIES1.36%
    C0.49%BUILDING1.34%
    DESIGN0.49%M1.30%
    CORNISH0.49%ELECTRICAL1.28%
    ENTERTAINMENT0.37%S1.24%
    SOFTWARE0.37%INTERNATIONAL1.23%
    ADMINISTRATION0.37%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied132202,798
    7487 - Other business activities9060,968
    74909 - Other professional, scientific and technical activities not elsewhere classified527,788
    82990 - Other business support service activities not elsewhere classified2530,253
    9305 - Other service activities248,740
    74990 - Non-trading company178,695
    99999 - Dormant Company1618,336
    96090 - Other service activities not elsewhere classified1510,085
    98000 - Residents property management133,154
    9999 - Dormant Company1219,765
    7414 - Business & management consultancy1212,916
    86230 - Dental practice activities101,418
    68320 - Management of real estate on a fee or contract basis93,220
    70229 - Management consultancy activities other than financial management916,150
    86900 - Other human health activities84,092
    62090 - Other information technology service activities76,996
    7499 - Non-trading company711,316
    41202 - Construction of domestic buildings72,290
    7260 - Other computer related activities67,789
    70100 - Activities of head offices62,849

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07543555 KILLIOW LIMITED 25 Feb 2011
    07540056 BAY TREE RESTAURANT (CORNWALL) LIMITED 23 Feb 2011
    07538538 TRURO RETAIL PARK LIMITED 22 Feb 2011
    07533884 PRIMARY CONSERVATION LTD 17 Feb 2011
    07533321 CARBIS BAY HOTEL LIMITED 17 Feb 2011
    07530434 SOJOURNERS LIMITED 15 Feb 2011
    07529788 NOMAD BARS LTD 15 Feb 2011
    07521502 MADIBA SURF LIMITED 08 Feb 2011
    07518981 OLIVER GR HEALTHCARE LTD 07 Feb 2011
    07517802 CORNISH FLOWERS LIMITED 04 Feb 2011
    07516869 BRIGHT PHARMA LIMITED 03 Feb 2011
    07516259 SEA SHAW CONSTRUCTION LIMITED 03 Feb 2011
    OC361905 QG LEADS LLP 17 Feb 2011
    07530115 HUMFREYS FARM SHOP LIMITED 15 Feb 2011
    07519485 BLUE MILL (FOWEY) MANAGEMENT COMPANY LIMITED 07 Feb 2011
    07538058 TRURO VALLEY HOLIDAYS LIMITED 22 Feb 2011
    07537731 ALBERTO LOPEZ GARCIA LTD 22 Feb 2011
    07536373 MOUNT HAWKE ACADEMY 21 Feb 2011
    07536001 NORWEGIAN RESIDENTIAL LIMITED 21 Feb 2011
    07518640 ED-BAU LTD 07 Feb 2011
    07514875 TRADING PRINCIPLES LTD 02 Feb 2011
    07513789 ST. ERME PLAYING FIELDS LIMITED 02 Feb 2011
    07512331 WALD UND WIESEN LTD. 01 Feb 2011
    07537253 HILTON & HILTON LIMITED 21 Feb 2011
    07537093 THE GAMES SHOP LIMITED 21 Feb 2011