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Truro, Cornwall

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company closures in Truro when compared to any previous first half year.
  • Q2 2012 saw a new record in company closures in Truro when compared to any previous Q2.
  • April 2012 saw a new record in company closures in Truro when compared to any previous April.

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. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 252 companies were formed in Truro. This figure is 0.8% lower than last year, which compares badly to the UK wide figure of 10.7%.

    The highest total for a first half year in Truro occurred in 2003 when a total of 285 were formed.

    Half Year (Jan-Jun)TruroUK
    2012252253,150
    2011254228,735
    % change-0.8%10.7%
    Record Year2003 (285)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 108 companies were registered in Truro during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is a decrease of 18.2% versus the same period last year (Q2 2011). This figure compares badly to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)TruroUK
    2012108121,659
    2011132112,344
    % change-18.2%8.3%
    Record Year 2003 (137) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    New Companies by Month
    AprilMayJune
    New companies in 2012433431
    New companies in 2011524040
    % change-17.3%-15.0%-22.5%
    Record Year2003 (53)2003 (44)2010 (49)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in company closures in Truro when compared to any previous first half year.

    In the first half of 2012 a total of 162 companies were dissolved in Truro. This figure is 35.0% higher than last year, which compares badly to the UK wide change of -8.9%.

    The highest total for a first half year in Truro occurred in 2012 when a total of 162 were closed.

    Half Year (Jan-Jun)TruroUK
    2012162147,793
    2011120162,310
    % change35.0%-8.9%
    Record Year2012 (162)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company closures in Truro when compared to any previous Q2.

    A total of 79 companies were dissolved in Truro during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 31.7% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)TruroUK
    20127980,218
    20116071,324
    % change31.7%12.5%
    Record Year 2012 (79) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    April 2012 saw a new record in company closures in Truro when compared to any previous April.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012302821
    Closed companies in 2011152520
    % change100.0%12.0%5%
    Record Year2012 (30)2009 (43)2004 (31)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Truro increased by 90 companies.

    Half Year (Jan-Jun)TruroUK
    201290105,357
    201113466,425
    Record Year2003 (197)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Truro during the second quarter of 2012 (Apr 2012 - Jun 2012) was 29 companies.

    second quarter (Apr 2012 - Jun 2012)TruroUK
    20122941,441
    20117241,020
    Record Year 2003 (95) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 201213610
    Net growth in 2011371520
    Record Year2003 (39)2003 (35)2010 (28)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Truro formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.

    Half Year (Jan-Jun)Truro
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1964 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Truro formed 0.1% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Truro
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1963 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.2%0.1%0.1%
    % change-30.4%-25.5%-17.3%
    Record Year1978 (0.2%)1967 (0.4%)1963 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 44.5.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 44.3.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

    The record first half year for female directors in Truro was 1857 when 40.0% of all directors were female.

    27.2% of all director appointments in Truro in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Truro was in 1866 when 57.1% of all directors were female.

    30.8% of all director appointments in Truro in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CORNWALL3.13%CONSULTING5.07%
    MANAGEMENT1.68%MANAGEMENT4.74%
    DEVELOPMENTS1.08%CONSULTANCY3.28%
    PROPERTY1.08%PROPERTY2.35%
    CONSULTING0.96%TRADING2.10%
    ENERGY0.84%DESIGN1.89%
    COMMUNITY0.72%ENGINEERING1.87%
    FALMOUTH0.72%ASSOCIATES1.82%
    (CORNWALL)0.72%CONSULTANTS1.78%
    ASSOCIATES0.60%CONSTRUCTION1.71%
    DENTAL0.60%BUSINESS1.70%
    BUSINESS0.60%MEDIA1.69%
    ADMINISTRATION0.60%LONDON1.68%
    ESTATE0.48%J1.57%
    KERNOW0.48%GLOBAL1.51%
    PROPERTIES0.48%INVESTMENTS1.48%
    SONS0.48%IT1.42%
    MANOR0.48%CARE1.31%
    SERVICE0.48%PROPERTIES1.31%
    DESIGN0.48%M1.26%
    WEST0.48%ELECTRICAL1.23%
    C0.48%BUILDING1.23%
    TRURO0.48%SECURITY1.19%
    SOUTH0.48%S1.18%
    CARE0.48%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied252244,457
    7487 - Other business activities5647,029
    74909 - Other professional, scientific and technical activities not elsewhere classified4610,271
    82990 - Other business support service activities not elsewhere classified3035,447
    99999 - Dormant Company2826,088
    96090 - Other service activities not elsewhere classified1814,220
    86230 - Dental practice activities141,834
    9305 - Other service activities137,926
    70229 - Management consultancy activities other than financial management1220,390
    9999 - Dormant Company1016,469
    41202 - Construction of domestic buildings103,185
    62090 - Other information technology service activities108,258
    74990 - Non-trading company109,706
    62020 - Information technology consultancy activities915,280
    56101 - Licenced restaurants92,540
    41100 - Development of building projects95,149
    86900 - Other human health activities85,222
    55100 - Hotels and similar accommodation8819
    7414 - Business & management consultancy710,978
    62012 - Business and domestic software development74,742

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08052600 KERNOW KAYAKS LTD 01 May 2012
    08055248 AGRI TECHNOLOGIES LTD 02 May 2012
    08057839 TREMOUGH CAMPUS SERVICES LIMITED 04 May 2012
    08058424 CORNWALL PLUS LIMITED 04 May 2012
    08059048 ROSELAND TECHNOLOGIES LIMITED 04 May 2012
    08061252 CLIMBING TREE BOOKS LIMITED 08 May 2012
    08066629 MICHELL PROPERTIES LIMITED 11 May 2012
    08072156 CHINA GATE CONSULTING LTD 16 May 2012
    08078149 SIMON GREEN PROJECT SERVICES LIMITED 22 May 2012
    08079433 MARK BOLITHO CONSTRUCTION LTD 22 May 2012
    08084926 JC BUSINESS SOLUTIONS LIMITED 28 May 2012
    08084996 STEPHENS & STEPHENS LTD 28 May 2012
    08085447 JANE'S JUBILEE GARAGE LIMITED 28 May 2012
    08086384 PENDENNIS MARITIME SECURITY LIMITED 29 May 2012
    08090131 THE NPS (UK) LTD 31 May 2012
    08088939 BILKEY AND BRAY LIMITED 30 May 2012
    08068017 EW BARTON LTD 14 May 2012
    08053583 HOOKEDONMEDIA LTD 01 May 2012
    08054086 A & D PROPERTIES (WESTCOUNTRY) LIMITED 02 May 2012
    08056257 ZLOOREY LTD 03 May 2012
    08067299 INDIGEM MUSIC MANAGEMENT LIMITED 14 May 2012
    08073502 COMPLETETHELOOKZ LIMITED 17 May 2012
    08075735 ANNA BUTTERFIELD LIMITED 18 May 2012
    08077863 OMEGA IT CONSULTING LTD. 22 May 2012
    08091063 SMGV 12 LIMITED 31 May 2012