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Truro, Cornwall

2011 Half Year 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. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 254 companies were formed in Truro. This figure is 1.2% lower than last year, which compares badly to the UK wide figure of 12.3%.

    The highest total for a first half year in Truro occurred in 2003 when a total of 285 were formed.

    Half Year (Jan-Jun)TruroUK
    2011254228,735
    2010257203,749
    % change-1.2%12.3%
    Record Year2003 (285)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 132 companies were registered in Truro during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 8.2% versus the same period last year (Q2 2010). This figure compares equally to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)TruroUK
    2011132112,344
    201012298,612
    % change8.2%13.9%
    Record Year 2003 (137) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    New Companies by Month
    AprilMayJune
    New companies in 2011524040
    New companies in 2010343949
    % change52.9%2.6%-18.4%
    Record Year2003 (53)2003 (44)2010 (49)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 120 companies were dissolved in Truro. This figure is 16.5% higher than last year, which compares badly to the UK wide change of -8.6%.

    The highest total for a first half year in Truro occurred in 2009 when a total of 135 were closed.

    Half Year (Jan-Jun)TruroUK
    2011120162,310
    2010103177,631
    % change16.5%-8.6%
    Record Year2009 (135)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 60 companies were dissolved in Truro during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 17.6% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)TruroUK
    20116071,324
    20105194,954
    % change17.6%-24.9%
    Record Year 2009 (73) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011152520
    Closed companies in 2010151521
    % change0.0%66.7%-5%
    Record Year2004 (25)2009 (43)2004 (31)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Truro increased by 134 companies.

    Half Year (Jan-Jun)TruroUK
    201113466,425
    201015426,118
    Record Year2003 (197)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Truro during the second quarter of 2011 (Apr 2011 - Jun 2011) was 72 companies.

    second quarter (Apr 2011 - Jun 2011)TruroUK
    20117241,020
    2010713,658
    Record Year 2003 (95) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 2011371520
    Net growth in 2010192428
    Record Year2003 (39)2003 (35)2010 (28)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Truro formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.

    Half Year (Jan-Jun)Truro
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1964 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

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

    second quarter (Apr 2011 - Jun 2011)Truro
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1963 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.2%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change48.1%-19.2%-27.7%
    Record Year1978 (0.2%)1967 (0.4%)1963 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 47.3.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 10.5% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 44.7.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 9.0% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

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

    28.5% of all director appointments in Truro in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in Truro was in 1866 when 66.7% of all directors were female.

    27.9% of all director appointments in Truro in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CORNWALL2.21%CONSULTING5.09%
    MANAGEMENT1.47%MANAGEMENT4.86%
    KS1.10%CONSULTANCY3.17%
    SPV1.10%PROPERTY2.43%
    (CORNWALL)0.86%TRADING2.05%
    CONSULTING0.86%DESIGN1.94%
    DESIGN0.74%ASSOCIATES1.92%
    TRADING0.74%BUSINESS1.87%
    MEDICAL0.74%CONSTRUCTION1.77%
    MEDIA0.61%CONSULTANTS1.76%
    TRURO0.61%MEDIA1.73%
    B0.61%ENGINEERING1.67%
    ADMINISTRATION0.49%LONDON1.60%
    SOFTWARE0.49%GLOBAL1.46%
    ENTERTAINMENT0.49%J1.44%
    CIC0.49%CARE1.44%
    PROPERTY0.49%INVESTMENTS1.42%
    S0.49%IT1.39%
    CONSTRUCTION0.49%BUILDING1.32%
    DEVELOPMENTS0.49%PROPERTIES1.31%
    COMMUNITY0.49%ELECTRICAL1.30%
    70.37%M1.27%
    COAST0.37%S1.23%
    PARK0.37%ENTERPRISES1.20%
    BENNETTS0.37%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied149202,072
    7487 - Other business activities9660,758
    74909 - Other professional, scientific and technical activities not elsewhere classified537,835
    82990 - Other business support service activities not elsewhere classified2430,647
    99999 - Dormant Company2318,918
    9305 - Other service activities229,063
    96090 - Other service activities not elsewhere classified1510,322
    74990 - Non-trading company158,481
    9999 - Dormant Company1420,111
    7414 - Business & management consultancy1213,053
    86230 - Dental practice activities111,407
    98000 - Residents property management102,888
    70229 - Management consultancy activities other than financial management916,419
    62020 - Information technology consultancy activities810,545
    41202 - Construction of domestic buildings82,238
    62090 - Other information technology service activities87,095
    7499 - Non-trading company710,955
    4525 - Other special trades construction61,676
    45200 - Maintenance and repair of motor vehicles62,257
    68320 - Management of real estate on a fee or contract basis63,095

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07660312 R G S HEATING LIMITED 07 Jun 2011
    07661691 FRASER ST JAMES INVESTMENTS LIMITED 08 Jun 2011
    07663599 FITZGERALD HOLDINGS LIMITED 09 Jun 2011
    07665223 THE AURORA PROJECT (SOUTH WEST) LIMITED 10 Jun 2011
    07667512 CODE 7 CONSULTING LIMITED 13 Jun 2011
    07674460 MARTIN COMPANY CORNWALL LTD 20 Jun 2011
    07675242 THE VOR STORE LIMITED 20 Jun 2011
    07679117 S HOGSHAW CONSULTANTS LIMITED 22 Jun 2011
    07674899 BEACHPADS LIMITED 20 Jun 2011
    OC366062 SNEDDONCLARK LLP 29 Jun 2011
    07655180 COOKING ETC LTD 02 Jun 2011
    07653389 DESK 7 LTD 01 Jun 2011
    07658258 DOUBLE TECHNOLOGY LTD 06 Jun 2011
    07659305 AMANDUS TRAVEL LTD 06 Jun 2011
    07662488 ZERVARTIS AG LTD 08 Jun 2011
    07662490 LOTTOTRAVEL LTD 08 Jun 2011
    07662492 SMA SWISS-MEDIA LTD 08 Jun 2011
    07664911 EUROVERTRIEB LTD 10 Jun 2011
    07669925 OXYDIRECT LIMITED 14 Jun 2011
    07675222 KAY LINE LTD. 20 Jun 2011
    07678207 ODIRO LIMITED 22 Jun 2011
    07678443 WORLD TRADING & SERVICES LIMITED 22 Jun 2011
    07680527 EXE BROADCASTING LIMITED 23 Jun 2011
    07682613 BOYS & GIRLS (CORNWALL) LTD 27 Jun 2011
    07683288 GENOO LTD 27 Jun 2011