Truro, Cornwall
Q1 2012 Business Confidence Report
Headlines
- Q1 2012 saw a new record in company closures in Truro when compared to any previous Q1.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2012)
A total of 144 companies were registered in Truro during the first quarter of 2012 (Jan 2012 - Mar 2012).
This figure is an increase of 18.0% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.
first quarter (Jan 2012 - Mar 2012) Truro UK 2012 144 131,491 2011 122 116,391 % change 18.0% 13.0% Record Year 2003 (148) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
New Companies by Month
January February March New companies in 2012 38 44 62 New companies in 2011 35 47 40 % change 8.6% -6.4% 55.0% Record Year 2004 (43) 2011 (47) 2003 (67)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2012)
Q1 2012 saw a new record in company closures in Truro when compared to any previous Q1.
A total of 83 companies were dissolved in Truro during the first quarter of 2012 (Jan 2012 - Mar 2012).
This figure is an increase of 38.3% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.
first quarter (Jan 2012 - Mar 2012) Truro UK 2012 83 67,576 2011 60 90,987 % change 38.3% -25.7% Record Year 2012 (83) 2009 (108,065) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 33 19 31 Closed companies in 2011 19 18 23 % change 73.7% 5.6% 35% Record Year 2006 (42) 2006 (24) 2009 (40)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2012)
Net company growth for Truro during the first quarter of 2012 (Jan 2012 - Mar 2012) was 61 companies.
first quarter (Jan 2012 - Mar 2012) Truro UK 2012 61 63,915 2011 62 25,404 Record Year 2003 (102) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Net Growth by Month
January February March Net growth in 2012 5 25 31 Net growth in 2011 16 29 17 Record Year 2003 (27) 2003 (33) 2010 (43)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2012)
In the first quarter of 2012, Truro formed 0.1% of all UK companies.
first quarter (Jan 2012 - Mar 2012) Truro 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1964 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change -6.9% -19.9% 45.0% Record Year 1964 (0.2%) 1985 (0.2%) 1961 (0.4%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2012)
The average age of a director in the first quarter of 2012 was 44.6.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2012)
The record first quarter for female directors in Truro was in 1861 when 40.0% of all directors were female.
24.0% of all director appointments in Truro in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 3.50% CONSULTING 5.07% MANAGEMENT 1.29% MANAGEMENT 4.74% DEVELOPMENTS 1.17% CONSULTANCY 3.30% PROPERTY 1.17% PROPERTY 2.37% CONSULTING 0.93% TRADING 2.07% (CORNWALL) 0.82% DESIGN 1.93% ADMINISTRATION 0.70% ENGINEERING 1.86% DENTAL 0.70% ASSOCIATES 1.84% ENERGY 0.70% CONSULTANTS 1.79% CARE 0.58% BUSINESS 1.73% COMMUNITY 0.58% MEDIA 1.72% DESIGN 0.58% CONSTRUCTION 1.72% CATERING 0.58% LONDON 1.66% HOME 0.58% J 1.54% S 0.58% INVESTMENTS 1.51% TRURO 0.47% GLOBAL 1.50% ALPHA 0.47% IT 1.40% WEST 0.47% CARE 1.34% ESTATE 0.47% PROPERTIES 1.31% ST 0.47% ELECTRICAL 1.27% MANOR 0.47% M 1.27% ASSOCIATES 0.47% BUILDING 1.24% FALMOUTH 0.47% ENERGY 1.20% HOUSE 0.35% S 1.20% TRADING 0.35% ENTERPRISES 1.19%
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 205 216,665 7487 - Other business activities 70 52,735 74909 - Other professional, scientific and technical activities not elsewhere classified 51 9,892 82990 - Other business support service activities not elsewhere classified 29 35,233 99999 - Dormant Company 25 25,084 96090 - Other service activities not elsewhere classified 18 13,637 9305 - Other service activities 15 8,818 86230 - Dental practice activities 14 1,834 70229 - Management consultancy activities other than financial management 13 19,704 62090 - Other information technology service activities 11 8,145 62020 - Information technology consultancy activities 10 14,303 41202 - Construction of domestic buildings 10 3,052 86900 - Other human health activities 10 5,066 9999 - Dormant Company 10 18,617 74990 - Non-trading company 10 9,729 62012 - Business and domestic software development 8 4,356 56101 - Licenced restaurants 7 2,051 7414 - Business & management consultancy 7 12,113 5530 - Restaurants 7 4,633 41100 - Development of building projects 7 4,984
Recent Companies
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Randomly selected companies from this quarter
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