Truro, Cornwall
2011 Half Year Business Confidence Report
Contents
New Company Registrations
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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) Truro UK 2011 254 228,735 2010 257 203,749 % change -1.2% 12.3% Record Year 2003 (285) 2007 (279,097) New Companies by Half Year
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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) Truro UK 2011 132 112,344 2010 122 98,612 % change 8.2% 13.9% Record Year 2003 (137) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
New Companies by Month
April May June New companies in 2011 52 40 40 New companies in 2010 34 39 49 % change 52.9% 2.6% -18.4% Record Year 2003 (53) 2003 (44) 2010 (49)
Closed Companies (dissolved)
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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) Truro UK 2011 120 162,310 2010 103 177,631 % change 16.5% -8.6% Record Year 2009 (135) 2009 (289,236) Dissolved Companies by Half Year
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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) Truro UK 2011 60 71,324 2010 51 94,954 % change 17.6% -24.9% Record Year 2009 (73) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 15 25 20 Closed companies in 2010 15 15 21 % change 0.0% 66.7% -5% Record Year 2004 (25) 2009 (43) 2004 (31)
Net Company Growth
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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) Truro UK 2011 134 66,425 2010 154 26,118 Record Year 2003 (197) 2007 (171,296) Net Growth by Half Year
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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) Truro UK 2011 72 41,020 2010 71 3,658 Record Year 2003 (95) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 37 15 20 Net growth in 2010 19 24 28 Record Year 2003 (39) 2003 (35) 2010 (28)
UK Company Share
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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 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 Half Year
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1963 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.2% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change 48.1% -19.2% -27.7% Record Year 1978 (0.2%) 1967 (0.4%) 1963 (0.4%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.21% CONSULTING 5.09% MANAGEMENT 1.47% MANAGEMENT 4.86% KS 1.10% CONSULTANCY 3.17% SPV 1.10% PROPERTY 2.43% (CORNWALL) 0.86% TRADING 2.05% CONSULTING 0.86% DESIGN 1.94% DESIGN 0.74% ASSOCIATES 1.92% TRADING 0.74% BUSINESS 1.87% MEDICAL 0.74% CONSTRUCTION 1.77% MEDIA 0.61% CONSULTANTS 1.76% TRURO 0.61% MEDIA 1.73% B 0.61% ENGINEERING 1.67% ADMINISTRATION 0.49% LONDON 1.60% SOFTWARE 0.49% GLOBAL 1.46% ENTERTAINMENT 0.49% J 1.44% CIC 0.49% CARE 1.44% PROPERTY 0.49% INVESTMENTS 1.42% S 0.49% IT 1.39% CONSTRUCTION 0.49% BUILDING 1.32% DEVELOPMENTS 0.49% PROPERTIES 1.31% COMMUNITY 0.49% ELECTRICAL 1.30% 7 0.37% M 1.27% COAST 0.37% S 1.23% PARK 0.37% ENTERPRISES 1.20% BENNETTS 0.37% SYSTEMS 1.20%
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 149 202,072 7487 - Other business activities 96 60,758 74909 - Other professional, scientific and technical activities not elsewhere classified 53 7,835 82990 - Other business support service activities not elsewhere classified 24 30,647 99999 - Dormant Company 23 18,918 9305 - Other service activities 22 9,063 96090 - Other service activities not elsewhere classified 15 10,322 74990 - Non-trading company 15 8,481 9999 - Dormant Company 14 20,111 7414 - Business & management consultancy 12 13,053 86230 - Dental practice activities 11 1,407 98000 - Residents property management 10 2,888 70229 - Management consultancy activities other than financial management 9 16,419 62020 - Information technology consultancy activities 8 10,545 41202 - Construction of domestic buildings 8 2,238 62090 - Other information technology service activities 8 7,095 7499 - Non-trading company 7 10,955 4525 - Other special trades construction 6 1,676 45200 - Maintenance and repair of motor vehicles 6 2,257 68320 - Management of real estate on a fee or contract basis 6 3,095
Recent Companies
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Randomly selected companies from this quarter
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