
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
New Company Registrations
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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) Truro UK 2011 122 116,391 2010 135 105,137 % change -9.6% 10.7% Record Year 2003 (148) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2011 35 47 40 New companies in 2010 30 39 66 % change 16.7% 20.5% -39.4% Record Year 2004 (43) 2011 (47) 2003 (67)
Closed Companies (dissolved)
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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) Truro UK 2011 60 90,986 2010 52 82,677 % change 15.4% 10.0% Record Year 2006 (80) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Dissolved Companies by Month
January February March Closed companies in 2011 19 18 23 Closed companies in 2010 11 18 23 % change 72.7% 0.0% 0% Record Year 2006 (42) 2006 (24) 2009 (40)
Net Company Growth
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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) Truro UK 2011 62 25,405 2010 83 22,460 Record Year 2003 (102) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 16 29 17 Net growth in 2010 19 21 43 Record Year 2003 (27) 2003 (33) 2010 (43)
UK Company Share
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1964 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.2% % change 0.7% 6.0% -42.2% Record Year 1964 (0.2%) 1985 (0.2%) 1961 (0.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.48% CONSULTING 5.04% CORNWALL 1.48% MANAGEMENT 4.97% SPV 1.35% CONSULTANCY 3.16% KS 1.35% PROPERTY 2.38% (CORNWALL) 1.11% TRADING 2.10% TRURO 0.86% DESIGN 1.93% COMMUNITY 0.74% ASSOCIATES 1.92% CIC 0.62% BUSINESS 1.87% TRADING 0.62% CONSTRUCTION 1.80% MEDICAL 0.62% CONSULTANTS 1.76% CONSULTING 0.62% MEDIA 1.69% B 0.62% ENGINEERING 1.61% HEALTH 0.49% LONDON 1.60% FARM 0.49% CARE 1.45% ASSOCIATES 0.49% J 1.45% DEVELOPMENT 0.49% GLOBAL 1.44% FALMOUTH 0.49% INVESTMENTS 1.43% PROPERTIES 0.49% IT 1.41% MEDIA 0.49% PROPERTIES 1.36% C 0.49% BUILDING 1.34% DESIGN 0.49% M 1.30% CORNISH 0.49% ELECTRICAL 1.28% ENTERTAINMENT 0.37% S 1.24% SOFTWARE 0.37% INTERNATIONAL 1.23% ADMINISTRATION 0.37% SYSTEMS 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 132 202,798 7487 - Other business activities 90 60,968 74909 - Other professional, scientific and technical activities not elsewhere classified 52 7,788 82990 - Other business support service activities not elsewhere classified 25 30,253 9305 - Other service activities 24 8,740 74990 - Non-trading company 17 8,695 99999 - Dormant Company 16 18,336 96090 - Other service activities not elsewhere classified 15 10,085 98000 - Residents property management 13 3,154 9999 - Dormant Company 12 19,765 7414 - Business & management consultancy 12 12,916 86230 - Dental practice activities 10 1,418 68320 - Management of real estate on a fee or contract basis 9 3,220 70229 - Management consultancy activities other than financial management 9 16,150 86900 - Other human health activities 8 4,092 62090 - Other information technology service activities 7 6,996 7499 - Non-trading company 7 11,316 41202 - Construction of domestic buildings 7 2,290 7260 - Other computer related activities 6 7,789 70100 - Activities of head offices 6 2,849
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07584806 BEACON LEGAL LIMITED 30 Mar 2011 07569822 ACCESS PERFORMANCE SOLUTIONS LIMITED 18 Mar 2011 07569795 CORNWALL CRICKET BOARD LIMITED 18 Mar 2011 07568744 56WESTGATE LTD 17 Mar 2011 07563979 CALICO CORNWALL LIMITED 15 Mar 2011 07563531 ENVIROAD LTD 14 Mar 2011 07558317 SUN2ENERGY UK LIMITED 09 Mar 2011 07551978 KERNOW HEALTH CIC 04 Mar 2011 07549542 RADIOCODE LIMITED 02 Mar 2011 07548996 CLOSER2 INVESTMENTS LIMITED 02 Mar 2011 OC363059 NOTACKLE REQUIRED LLP 23 Mar 2011 07582567 THOMAS GUNN MINIATURE FIGURES LIMITED 29 Mar 2011 07572415 HUB MEDIA C.I.C. 21 Mar 2011 07557817 THE ROSELAND COMMUNITY COLLEGE 09 Mar 2011 07553445 MATT JENNISON LTD 07 Mar 2011 07584334 DOZMERE RESIDENTS ASSOCIATION LIMITED 30 Mar 2011 07548447 KINESIOLOGY TAPING DVD LTD 02 Mar 2011 07577866 COURAGE MANAGEMENT ADMINISTRATION LTD 24 Mar 2011 07572461 3Q MANAGEMENT LTD 21 Mar 2011 07570407 SOCCERUNITY LTD 18 Mar 2011 07555651 WUERMLI VERTRIEB LTD 08 Mar 2011 07555280 PREMIUM PIXELS LTD 08 Mar 2011 07553716 JOHN HARPER PUBLISHING LTD 07 Mar 2011 07552600 CULTURE MEDIA ENTERTAINMENT LTD 04 Mar 2011 07551939 PURPLE PRODUCTS LTD 04 Mar 2011
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