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
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07978964 PENINSULA PODIATRY LIMITED 07 Mar 2012 07981922 OSCAR AND PATCH LTD 08 Mar 2012 07982513 PENMERE MANOR PROPERTY LIMITED 08 Mar 2012 07991664 COOLGREY DESIGN LTD 15 Mar 2012 07993252 TRURO FABRICS LIMITED 16 Mar 2012 07994472 CLEAN PITS OF CORNWALL LIMITED 16 Mar 2012 07994806 PLYMOUTH PROPERTY PAPER LIMITED 19 Mar 2012 07996899 SAMUELS (CORNWALL) LIMITED 20 Mar 2012 07997092 REITZ CONSULTING LIMITED 20 Mar 2012 08000223 CWC FINANCIAL PLANNING LIMITED 21 Mar 2012 08001277 REFLEX FOUNDATION C.I.C. 22 Mar 2012 08008175 H2O-GANICS LIMITED 27 Mar 2012 08013852 HEATSAFE (CORNWALL) LTD 30 Mar 2012 07981749 TIMCAN LTD 08 Mar 2012 07972073 CORNISH DREAM CHARTERS LIMITED 01 Mar 2012 07985429 TINKER TECH LTD 12 Mar 2012 07986603 RESILIENT HEAT AND POWER LTD 12 Mar 2012 07990317 POPPY'S KITCHEN LIMITED 14 Mar 2012 08014088 KERNOW PLUMBING LIMITED 30 Mar 2012 07981088 CROSSMACK LIMITED 08 Mar 2012 07982779 EU-BAU LIMITED 08 Mar 2012 07983873 AMBASSADOR EUROPE LTD 09 Mar 2012 07988832 LOWENA PROPERTIES LIMITED 13 Mar 2012 07991063 CROSSFIT CORNWALL LIMITED 15 Mar 2012 08004290 RPS SOUTHWEST LIMITED 23 Mar 2012
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