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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
    07509369 LANG BENNETTS (IT SERVICES) LIMITED 28 Jan 2011
    07506524 FRESH PRODUCE ADVISORY LIMITED 26 Jan 2011
    07506479 MOMENTUM DIGITAL LIMITED 26 Jan 2011
    07504157 UNREAL SYSTEMS LIMITED 25 Jan 2011
    07501023 COMBINED TRAINING NETWORK CIC 21 Jan 2011
    07500513 B B WEAR LIMITED 21 Jan 2011
    07499756 LEIVERS TRANSPORT LIMITED 20 Jan 2011
    07498527 ROCKTALK IMAGING LIMITED 19 Jan 2011
    07498294 PILL CREEK PUBLISHING LIMITED 19 Jan 2011
    07492378 ORANGE TREE MEDIA LTD 13 Jan 2011
    07489642 TWO LEGAL SERVICES LTD 12 Jan 2011
    07488310 BOYTON SOLAR PARK LIMITED 11 Jan 2011
    07487962 PARKERHOUSE LIMITED 11 Jan 2011
    07484964 ROSELAND FURNITURE LIMITED 06 Jan 2011
    07490925 KOR CORPORATION LTD 12 Jan 2011
    07486274 TRADER BENNETTS LTD 10 Jan 2011
    07483749 EMPIRE ROOFING CONTRACTORS (CORNWALL) LIMITED 06 Jan 2011
    07488331 DUCHY CARS LTD 11 Jan 2011
    07510670 FIGHT PAIN LIMITED 31 Jan 2011
    07509373 INTERDRIVE ALPHA LTD 28 Jan 2011
    07504895 MYELEARNING LTD 25 Jan 2011
    07504506 YDS GERMANY LTD 25 Jan 2011
    07496257 LIME SQUARE CONSULTING LTD 18 Jan 2011
    07493774 JOEY POUCH LIMITED 14 Jan 2011
    07481977 TREWORGAN MANAGEMENT COMPANY LIMITED 04 Jan 2011