Truro, Cornwall
Q3 2011 Business Confidence Report
Headlines
- Q3 2011 saw a new record in company registrations in Truro when compared to any previous Q3.
- July 2011 saw a new record in company registrations in Truro when compared to any previous July.
- Q3 2011 saw a new record in company closures in Truro when compared to any previous Q3.
- Q3 2011 was a record quarter for company closures in Truro when compared to any quarter in history.
- September 2011 saw a new record in company closures in Truro when compared to any previous September.
- July 2011 saw a new record in company closures in Truro when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2011)
Q3 2011 saw a new record in company registrations in Truro when compared to any previous Q3.
A total of 122 companies were registered in Truro during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is an increase of 11.9% versus the same period last year (Q3 2010). This figure compares equally to the UK as a whole, which saw an increase of 12.8% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Truro UK 2011 122 114,512 2010 109 101,492 % change 11.9% 12.8% Record Year 2011 (122) 2011 (114,512) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
July 2011 saw a new record in company registrations in Truro when compared to any previous July.
New Companies by Month
July August September New companies in 2011 42 42 38 New companies in 2010 34 32 43 % change 23.5% 31.3% -11.6% Record Year 2011 (42) 2003 (42) 2010 (43)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2011)
Q3 2011 saw a new record in company closures in Truro when compared to any previous Q3.
Q3 2011 was a record quarter for company closures in Truro when compared to any quarter in history.
A total of 100 companies were dissolved in Truro during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is an increase of 85.2% versus the same period last year (Q3 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 17.6% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Truro UK 2011 100 72,230 2010 54 87,705 % change 85.2% -17.6% Record Year 2011 (100) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
September 2011 saw a new record in company closures in Truro when compared to any previous September.
July 2011 saw a new record in company closures in Truro when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2011 33 33 34 Closed companies in 2010 24 15 15 % change 37.5% 120.0% 127% Record Year 2011 (33) 2005 (34) 2011 (34)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2011)
Net company growth for Truro during the third quarter of 2011 (Jul 2011 - Sep 2011) was 22 companies.
third quarter (Jul 2011 - Sep 2011) Truro UK 2011 22 42,282 2010 55 13,787 Record Year 2002 (78) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Net Growth by Month
July August September Net growth in 2011 9 9 4 Net growth in 2010 10 17 28 Record Year 2002 (26) 2002 (26) 2010 (28)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2011)
In the third quarter of 2011, Truro formed 0.1% of all UK companies.
third quarter (Jul 2011 - Sep 2011) Truro 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1976 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Company Share by Month
July August September UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change 13.0% 10.4% -20.2% Record Year 1976 (0.2%) 1975 (0.2%) 1969 (0.5%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2011)
The average age of a director in the third quarter of 2011 was 45.9.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 6.0% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2011)
The record third quarter for female directors in Truro was in 1862 when 50.0% of all directors were female.
28.7% of all director appointments in Truro in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2010-Sep 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.78% CONSULTING 5.11% MANAGEMENT 1.57% MANAGEMENT 4.75% CONSULTING 0.85% CONSULTANCY 3.19% PROPERTY 0.85% PROPERTY 2.41% KS 0.85% TRADING 2.06% SPV 0.85% DESIGN 1.94% MEDIA 0.72% ASSOCIATES 1.85% ADMINISTRATION 0.72% BUSINESS 1.82% DEVELOPMENTS 0.60% CONSULTANTS 1.76% TRADING 0.60% ENGINEERING 1.74% ASSOCIATES 0.60% MEDIA 1.72% COMMUNITY 0.60% CONSTRUCTION 1.72% DESIGN 0.60% LONDON 1.63% MEDICAL 0.60% J 1.47% HOUSE 0.48% GLOBAL 1.46% HOME 0.48% INVESTMENTS 1.43% (CORNWALL) 0.48% CARE 1.42% CIC 0.48% IT 1.38% ENERGY 0.48% BUILDING 1.30% CATERING 0.48% PROPERTIES 1.28% B 0.48% ELECTRICAL 1.27% TRURO 0.36% M 1.25% SCHOOL 0.36% ENERGY 1.22% ASSOCIATION 0.36% TRAINING 1.21% S 0.36% S 1.21%
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 177 204,493 7487 - Other business activities 92 65,177 74909 - Other professional, scientific and technical activities not elsewhere classified 47 7,551 82990 - Other business support service activities not elsewhere classified 25 29,245 9305 - Other service activities 23 10,525 99999 - Dormant Company 21 18,281 74990 - Non-trading company 15 8,064 96090 - Other service activities not elsewhere classified 14 10,018 9999 - Dormant Company 12 22,587 86230 - Dental practice activities 11 1,365 7414 - Business & management consultancy 11 14,755 70229 - Management consultancy activities other than financial management 9 15,760 41202 - Construction of domestic buildings 8 2,164 98000 - Residents property management 8 2,664 5530 - Restaurants 8 5,640 62020 - Information technology consultancy activities 8 10,137 62090 - Other information technology service activities 8 6,798 7222 - Other software consultancy and supply 7 8,345 7499 - Non-trading company 7 11,543 62012 - Business and domestic software development 6 3,137
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07723924 PAFC STADIUM LIMITED 01 Aug 2011 07726436 RAMARTA LIFE SCIENCE LIMITED 02 Aug 2011 07729989 KINGSWOOD SHOOT LIMITED 04 Aug 2011 07737521 CORMAC CONTRACTING LIMITED 11 Aug 2011 07742257 BEALEY CHIROPRACTIC LIMITED 16 Aug 2011 07750029 H & A RECYCLING LIMITED 23 Aug 2011 07754078 CARRICK HOUSING LIMITED 26 Aug 2011 07757566 BUNTERS SPORTS BAR LIMITED 31 Aug 2011 OC366997 HOSPITALITY CORNWALL LLP 03 Aug 2011 07749925 TRETHELLA LIMITED 23 Aug 2011 07737192 HELICOPTER RESCUE SPECIALIST LTD 11 Aug 2011 07725767 WHEAL JANE BIOTICS LIMITED 02 Aug 2011 07730804 NUM LTD 05 Aug 2011 07740168 CORNWALL ENERGY LTD 15 Aug 2011 07726886 CORNWALL CARE (BODMIN) LIMITED 02 Aug 2011 07729165 ELITE FRISEUR LIMITED 04 Aug 2011 07736962 MAMMAS HOUSE LTD 11 Aug 2011 07737027 S & E BAU LIMITED 11 Aug 2011 07743926 JE-FA SERVICE LTD 17 Aug 2011 07746675 REFERENCING SOLUTIONS LIMITED 19 Aug 2011 07756188 MERLIN COMMODITIES LTD 30 Aug 2011 07756723 PIWOGE ADMINISTRATION LTD. 30 Aug 2011 07734623 KAYAGO LTD. 09 Aug 2011 07746701 WEBLIFT MEDIA LTD. 19 Aug 2011 07756426 STARBERRY PAYMENT & SERVICES LIMITED 30 Aug 2011
reports
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