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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

  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 (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)TruroUK
    2011122114,512
    2010109101,492
    % change11.9%12.8%
    Record Year 2011 (122) 2011 (114,512)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2011424238
    New companies in 2010343243
    % change23.5%31.3%-11.6%
    Record Year2011 (42)2003 (42)2010 (43)

Closed Companies (dissolved)

  1. 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)TruroUK
    201110072,230
    20105487,705
    % change85.2%-17.6%
    Record Year 2011 (100) 2009 (159,401)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2011333334
    Closed companies in 2010241515
    % change37.5%120.0%127%
    Record Year2011 (33)2005 (34)2011 (34)

Net Company Growth

  1. 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)TruroUK
    20112242,282
    20105513,787
    Record Year 2002 (78) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2011994
    Net growth in 2010101728
    Record Year2002 (26)2002 (26)2010 (28)

UK Company Share

  1. 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
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1976 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change13.0%10.4%-20.2%
    Record Year1976 (0.2%)1975 (0.2%)1969 (0.5%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CORNWALL2.78%CONSULTING5.11%
    MANAGEMENT1.57%MANAGEMENT4.75%
    CONSULTING0.85%CONSULTANCY3.19%
    PROPERTY0.85%PROPERTY2.41%
    KS0.85%TRADING2.06%
    SPV0.85%DESIGN1.94%
    MEDIA0.72%ASSOCIATES1.85%
    ADMINISTRATION0.72%BUSINESS1.82%
    DEVELOPMENTS0.60%CONSULTANTS1.76%
    TRADING0.60%ENGINEERING1.74%
    ASSOCIATES0.60%MEDIA1.72%
    COMMUNITY0.60%CONSTRUCTION1.72%
    DESIGN0.60%LONDON1.63%
    MEDICAL0.60%J1.47%
    HOUSE0.48%GLOBAL1.46%
    HOME0.48%INVESTMENTS1.43%
    (CORNWALL)0.48%CARE1.42%
    CIC0.48%IT1.38%
    ENERGY0.48%BUILDING1.30%
    CATERING0.48%PROPERTIES1.28%
    B0.48%ELECTRICAL1.27%
    TRURO0.36%M1.25%
    SCHOOL0.36%ENERGY1.22%
    ASSOCIATION0.36%TRAINING1.21%
    S0.36%S1.21%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied177204,493
    7487 - Other business activities9265,177
    74909 - Other professional, scientific and technical activities not elsewhere classified477,551
    82990 - Other business support service activities not elsewhere classified2529,245
    9305 - Other service activities2310,525
    99999 - Dormant Company2118,281
    74990 - Non-trading company158,064
    96090 - Other service activities not elsewhere classified1410,018
    9999 - Dormant Company1222,587
    86230 - Dental practice activities111,365
    7414 - Business & management consultancy1114,755
    70229 - Management consultancy activities other than financial management915,760
    41202 - Construction of domestic buildings82,164
    98000 - Residents property management82,664
    5530 - Restaurants85,640
    62020 - Information technology consultancy activities810,137
    62090 - Other information technology service activities86,798
    7222 - Other software consultancy and supply78,345
    7499 - Non-trading company711,543
    62012 - Business and domestic software development63,137

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07760065 DURAFLAKE LIMITED 02 Sep 2011
    07763276 MICRO STORES CENTRE LIMITED 06 Sep 2011
    07763709 FLY CORNWALL LIMITED 06 Sep 2011
    07768919 FUTURE STRATEGY LIMITED 09 Sep 2011
    07776948 KERNOW LOANS LTD 16 Sep 2011
    07777825 R J M PROPERTY DEVELOPMENTS LTD 19 Sep 2011
    07787512 PROPERTY CONCEPTS CORNWALL LIMITED 26 Sep 2011
    OC368361 @CORNWALL LAW LLP 26 Sep 2011
    07791024 ISO SPACES SOUTH WEST LTD 28 Sep 2011
    07791096 TREVINCE ENERGY LIMITED 29 Sep 2011
    07791885 WOWOOO LIMITED 29 Sep 2011
    07792298 THE COUNTY HOMESEARCH COMPANY (OXFORDSHIRE) LIMITED 29 Sep 2011
    07792910 CALLYWITH GYMNASTICS AND TRAMPOLINING LIMITED 30 Sep 2011
    07768296 PIRAN FIRE & SECURITY LTD 09 Sep 2011
    07764671 WEST CORNWALL PROPERTY AND MAINTENANCE LTD 06 Sep 2011
    07767098 POPPLEWELL & CO LIMITED 08 Sep 2011
    07781295 CORNWALL ART THERAPY CIC 21 Sep 2011
    07762211 HOVERINGHAM LIMITED 05 Sep 2011
    07763069 STAGE 18 TELEVISION PRODUCTIONS LTD. 05 Sep 2011
    07774486 BLUE TRUCK ADMINISTRATION LTD. 15 Sep 2011
    07774589 SUPDUB ADMINISTRATION LTD. 15 Sep 2011
    07781910 VIVA KUSTOM LTD 21 Sep 2011
    07783851 TRETTAL LIMITED 22 Sep 2011
    07783940 SCHATZO LTD. 22 Sep 2011
    07793346 MIKE SOWDEN INSOLVENCY SERVICES LIMITED 30 Sep 2011