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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

  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 (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)TruroUK
    2012144131,491
    2011122116,391
    % change18.0%13.0%
    Record Year 2003 (148) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012384462
    New companies in 2011354740
    % change8.6%-6.4%55.0%
    Record Year2004 (43)2011 (47)2003 (67)

Closed Companies (dissolved)

  1. 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)TruroUK
    20128367,576
    20116090,987
    % change38.3%-25.7%
    Record Year 2012 (83) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012331931
    Closed companies in 2011191823
    % change73.7%5.6%35%
    Record Year2006 (42)2006 (24)2009 (40)

Net Company Growth

  1. 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)TruroUK
    20126163,915
    20116225,404
    Record Year 2003 (102) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201252531
    Net growth in 2011162917
    Record Year2003 (27)2003 (33)2010 (43)

UK Company Share

  1. 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
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1964 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change-6.9%-19.9%45.0%
    Record Year1964 (0.2%)1985 (0.2%)1961 (0.4%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CORNWALL3.50%CONSULTING5.07%
    MANAGEMENT1.29%MANAGEMENT4.74%
    DEVELOPMENTS1.17%CONSULTANCY3.30%
    PROPERTY1.17%PROPERTY2.37%
    CONSULTING0.93%TRADING2.07%
    (CORNWALL)0.82%DESIGN1.93%
    ADMINISTRATION0.70%ENGINEERING1.86%
    DENTAL0.70%ASSOCIATES1.84%
    ENERGY0.70%CONSULTANTS1.79%
    CARE0.58%BUSINESS1.73%
    COMMUNITY0.58%MEDIA1.72%
    DESIGN0.58%CONSTRUCTION1.72%
    CATERING0.58%LONDON1.66%
    HOME0.58%J1.54%
    S0.58%INVESTMENTS1.51%
    TRURO0.47%GLOBAL1.50%
    ALPHA0.47%IT1.40%
    WEST0.47%CARE1.34%
    ESTATE0.47%PROPERTIES1.31%
    ST0.47%ELECTRICAL1.27%
    MANOR0.47%M1.27%
    ASSOCIATES0.47%BUILDING1.24%
    FALMOUTH0.47%ENERGY1.20%
    HOUSE0.35%S1.20%
    TRADING0.35%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied205216,665
    7487 - Other business activities7052,735
    74909 - Other professional, scientific and technical activities not elsewhere classified519,892
    82990 - Other business support service activities not elsewhere classified2935,233
    99999 - Dormant Company2525,084
    96090 - Other service activities not elsewhere classified1813,637
    9305 - Other service activities158,818
    86230 - Dental practice activities141,834
    70229 - Management consultancy activities other than financial management1319,704
    62090 - Other information technology service activities118,145
    62020 - Information technology consultancy activities1014,303
    41202 - Construction of domestic buildings103,052
    86900 - Other human health activities105,066
    9999 - Dormant Company1018,617
    74990 - Non-trading company109,729
    62012 - Business and domestic software development84,356
    56101 - Licenced restaurants72,051
    7414 - Business & management consultancy712,113
    5530 - Restaurants74,633
    41100 - Development of building projects74,984

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07977249 TURNACRE LIMITED 06 Mar 2012
    07978964 PENINSULA PODIATRY LIMITED 07 Mar 2012
    07981385 LOMAN FITZGERALD LIMITED 08 Mar 2012
    07990877 ONE-AND-ALL -WEDDING SERVICES LIMITED 14 Mar 2012
    07991664 COOLGREY DESIGN LTD 15 Mar 2012
    07994472 CLEAN PITS OF CORNWALL LIMITED 16 Mar 2012
    07994806 PLYMOUTH PROPERTY PAPER LIMITED 19 Mar 2012
    07996618 PETER TIGWELL MARINE SERVICES LTD 19 Mar 2012
    07996899 SAMUELS (CORNWALL) LIMITED 20 Mar 2012
    07997092 REITZ CONSULTING LIMITED 20 Mar 2012
    08002009 MARTIN FISHER & CO LTD 22 Mar 2012
    08005956 BENJAMIN HARTLEY LIMITED 26 Mar 2012
    08010390 SMG UK TRANSLATIONS LIMITED 28 Mar 2012
    07981749 TIMCAN LTD 08 Mar 2012
    07981366 CAROL BARCLAY LIMITED 08 Mar 2012
    07984944 ECLECTIC COLLECTION LTD 12 Mar 2012
    07985429 TINKER TECH LTD 12 Mar 2012
    07990317 POPPY'S KITCHEN LIMITED 14 Mar 2012
    08008502 DASTARDLY PICTURES LIMITED 27 Mar 2012
    07982983 L P STEPHENS & SONS LIMITED 08 Mar 2012
    07987139 WERBE-INTERNET-PROMOTION CONSULTING LTD 12 Mar 2012
    07988832 LOWENA PROPERTIES LIMITED 13 Mar 2012
    07991237 EVEREST REAL ESTATE LTD. 15 Mar 2012
    07999157 BAUKASTEN LTD. 21 Mar 2012
    08004290 RPS SOUTHWEST LIMITED 23 Mar 2012