Download PDF version

Truro, Cornwall

2011 Annual Business Confidence Report

Headlines

  • 2011 was a record year for company closures in Truro when compared to any year in history.
  • The second half of 2011 saw a new record in company closures in Truro when compared to any previous second half year.
  • The second half of 2011 was a record second half year for company closures in Truro when compared to any half year in history.
  • Q4 2011 saw a new record in company closures in Truro when compared to any previous Q4.
  • Q4 2011 was a record quarter for company closures in Truro when compared to any quarter in history.
  • December 2011 saw a new record in company closures in Truro when compared to any previous December.
  • November 2011 saw a new record in company closures in Truro when compared to any previous November.
  • November 2011 was a record month for company closures in Truro when compared to any month in history.

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. Annual Data (2011)

    A total of 470 companies were formed in Truro in 2011. This total is 1.3% higher than in 2010 and compares poorly to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearTruroUK
    2011470452,870
    2010464400,358
    2009391362,675
    2008325349,203
    2007341457,649
    Record Year2003 (520)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 216 companies were formed in Truro. This figure is 4.3% higher than last year, which compares badly to the UK wide figure of 14.0%.

    The highest total for a second half year in Truro occurred in 2003 when a total of 235 were formed.

    Half Year (Jul-Dec)TruroUK
    2011216224,135
    2010207196,609
    % change4.3%14.0%
    Record Year2003 (235)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 94 companies were registered in Truro during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 4.1% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)TruroUK
    201194109,623
    20109895,117
    % change-4.1%15.3%
    Record Year 2002 (124) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011363028
    New companies in 2010334025
    % change9.1%-25.0%12.0%
    Record Year2002 (47)2002 (42)2002 (35)

Closed Companies (dissolved)

  1. Annual Data (2011)

    2011 was a record year for company closures in Truro when compared to any year in history.

    A total of 320 companies were dissolved in Truro in 2011. This total is 55.3% higher than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.

    YearTruroUK
    2011320314,523
    2010206342,232
    2009250533,773
    2008129237,901
    2007119220,295
    Record Year2011 (320)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    The second half of 2011 saw a new record in company closures in Truro when compared to any previous second half year.

    The second half of 2011 was a record second half year for company closures in Truro when compared to any half year in history.

    In the second half of 2011 a total of 200 companies were dissolved in Truro. This figure is 94.2% higher than last year, which compares badly to the UK wide change of -7.5%.

    The highest total for a second half year in Truro occurred in 2011 when a total of 200 were closed.

    Half Year (Jul-Dec)TruroUK
    2011200152,213
    2010103164,601
    % change94.2%-7.5%
    Record Year2011 (200)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in company closures in Truro when compared to any previous Q4.

    Q4 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 fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 104.1% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)TruroUK
    201110079,983
    20104976,896
    % change104.1%4.0%
    Record Year 2011 (100) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    December 2011 saw a new record in company closures in Truro when compared to any previous December.

    November 2011 saw a new record in company closures in Truro when compared to any previous November.

    November 2011 was a record month for company closures in Truro when compared to any month in history.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011214732
    Closed companies in 2010191416
    % change10.5%235.7%100%
    Record Year2009 (21)2011 (47)2011 (32)

Net Company Growth

  1. Annual Data (2011)

    A total of 150 companies were added to the company register for Truro in 2011. This number represents growth of 32.3% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.

    This number is 108 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Truro company register grew by 338 companies.

    YearTruroUK
    2011150138,347
    201025858,126
    2009141-171,098
    2008196111,302
    2007222237,354
    Record Year2003 (338)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Truro increased by 16 companies.

    Half Year (Jul-Dec)TruroUK
    20111671,922
    201010432,008
    Record Year2002 (157)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Truro during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was -6 companies.

    fourth quarter (Oct 2011 - Dec 2011)TruroUK
    2011-629,640
    20104918,221
    Record Year 2002 (79) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201115-17-4
    Net growth in 201014269
    Record Year2008 (29)2003 (29)2002 (30)

UK Company Share

  1. Annual Data (2011)

    In 2011 Truro formed 0.1% of all UK companies. This is no change on 2010 when Truro was responsible for 0.1% of all UK companies.

    YearTruro
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960)1964 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

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

    Half Year (Jul-Dec)Truro
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1962 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    fourth quarter (Oct 2011 - Dec 2011)Truro
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1962 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change-5.2%-36.1%-0.7%
    Record Year1960 (0.2%)1969 (0.2%)1962 (0.6%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 46.9.

    The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 8.3% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 46.4.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 47.1.

    The percentage of directors under the age of 25 was 0.7% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    The record year for female directors in Truro was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Truro in 2011 was 35.0%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Truro was 1860 when 42.9% of all directors were female.

    28.3% of all director appointments in Truro in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Truro was in 1977 when 31.1% of all directors were female.

    27.8% of all director appointments in Truro in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CORNWALL3.44%CONSULTING5.07%
    MANAGEMENT1.23%MANAGEMENT4.74%
    DEVELOPMENTS0.98%CONSULTANCY3.26%
    ADMINISTRATION0.86%PROPERTY2.37%
    CONSULTING0.86%TRADING2.07%
    PROPERTY0.86%DESIGN1.92%
    COMMUNITY0.74%ASSOCIATES1.86%
    MEDIA0.74%ENGINEERING1.78%
    (CORNWALL)0.62%BUSINESS1.78%
    TRURO0.62%CONSULTANTS1.76%
    CARE0.62%CONSTRUCTION1.73%
    ENERGY0.62%MEDIA1.71%
    DENTAL0.62%LONDON1.63%
    HOME0.49%J1.51%
    ASSOCIATES0.49%INVESTMENTS1.48%
    HEALTH0.49%GLOBAL1.46%
    TRADING0.49%IT1.41%
    HOUSE0.49%CARE1.39%
    ALPHA0.49%PROPERTIES1.29%
    SCHOOL0.49%ELECTRICAL1.29%
    CIC0.49%M1.27%
    CATERING0.49%BUILDING1.26%
    DESIGN0.37%ENERGY1.25%
    COAST0.37%S1.20%
    BENNETTS0.37%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied186205,525
    7487 - Other business activities7857,052
    74909 - Other professional, scientific and technical activities not elsewhere classified528,671
    82990 - Other business support service activities not elsewhere classified2732,483
    99999 - Dormant Company2421,846
    9305 - Other service activities179,492
    96090 - Other service activities not elsewhere classified1511,768
    86230 - Dental practice activities141,598
    70229 - Management consultancy activities other than financial management1117,765
    74990 - Non-trading company118,929
    9999 - Dormant Company1120,199
    62020 - Information technology consultancy activities1012,072
    62090 - Other information technology service activities107,493
    41202 - Construction of domestic buildings92,598
    7414 - Business & management consultancy913,034
    5530 - Restaurants75,013
    41100 - Development of building projects74,331
    98000 - Residents property management72,874
    7222 - Other software consultancy and supply67,398
    7499 - Non-trading company69,957

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07797360 SANDS OF CORNWALL LIMITED 04 Oct 2011
    07797596 SERVICES 4U LIMITED 05 Oct 2011
    07801619 FALMOUTH POWERBOAT SCHOOL LTD 07 Oct 2011
    07803317 LANGUAGE TREE HOLIDAYS LTD 10 Oct 2011
    07808287 BOSVEAL TRANSPORT LIMITED 13 Oct 2011
    07813198 PARKLAND MANSION HOUSE LIMITED 18 Oct 2011
    07814019 LAMERTON SIMULATION LTD 18 Oct 2011
    07816441 TREGOTHNAN PLUMBING & ROOFING LIMITED 19 Oct 2011
    07817737 ASKEL VEUR THE DIOCESE OF TRURO ACADEMIES UMBRELLA COMPANY LIMITED 20 Oct 2011
    07818390 GERSHIE COMMUNITY INTEREST COMPANY 20 Oct 2011
    07818896 TOSI LIMITED 21 Oct 2011
    07819104 ROSELYN COACHES (HOLDINGS) LIMITED 21 Oct 2011
    07819300 BOARDINGHOUSE WINDFARM LIMITED 21 Oct 2011
    07820727 SMOOCH TANNING AND BEAUTY LTD 24 Oct 2011
    07828972 FRAZER HAIRCUTTERS LTD 31 Oct 2011
    07812024 UK RENEWABLE ENERGY DEVELOPMENTS LIMITED 17 Oct 2011
    07804256 FRASER RACING LTD 10 Oct 2011
    07809484 CONCEPT YACHTS EUROPE LIMITED 13 Oct 2011
    07797919 MINECRAFTCLAN LIMITED 05 Oct 2011
    07807342 TELUU APPS LTD 12 Oct 2011
    07818774 ERAFLARE LTD 21 Oct 2011
    07821704 FEELFINE SERVICE LTD. 25 Oct 2011
    07824372 SERENO PROPERTY DEVELOPMENTS LTD 26 Oct 2011
    07824783 LEIPZIGER OFEN UND FLIESENBAU LTD. 26 Oct 2011
    07825138 TELUU LTD 27 Oct 2011