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
New Company Registrations
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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) Truro UK 2012 252 253,150 2011 254 228,735 % change -0.8% 10.7% Record Year 2003 (285) 2007 (279,097) New Companies by Half Year
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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) Truro UK 2012 108 121,659 2011 132 112,344 % change -18.2% 8.3% Record Year 2003 (137) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
New Companies by Month
April May June New companies in 2012 43 34 31 New companies in 2011 52 40 40 % change -17.3% -15.0% -22.5% Record Year 2003 (53) 2003 (44) 2010 (49)
Closed Companies (dissolved)
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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) Truro UK 2012 162 147,793 2011 120 162,310 % change 35.0% -8.9% Record Year 2012 (162) 2009 (289,236) Dissolved Companies by Half Year
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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) Truro UK 2012 79 80,218 2011 60 71,324 % change 31.7% 12.5% Record Year 2012 (79) 2009 (181,177) Dissolved Companies by Quarter
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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
April May June Closed companies in 2012 30 28 21 Closed companies in 2011 15 25 20 % change 100.0% 12.0% 5% Record Year 2012 (30) 2009 (43) 2004 (31)
Net Company Growth
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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) Truro UK 2012 90 105,357 2011 134 66,425 Record Year 2003 (197) 2007 (171,296) Net Growth by Half Year
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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) Truro UK 2012 29 41,441 2011 72 41,020 Record Year 2003 (95) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
Net Growth by Month
April May June Net growth in 2012 13 6 10 Net growth in 2011 37 15 20 Record Year 2003 (39) 2003 (35) 2010 (28)
UK Company Share
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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 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 Half Year
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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 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1963 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.2% 0.1% 0.1% % change -30.4% -25.5% -17.3% Record Year 1978 (0.2%) 1967 (0.4%) 1963 (0.4%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 3.13% CONSULTING 5.07% MANAGEMENT 1.68% MANAGEMENT 4.74% DEVELOPMENTS 1.08% CONSULTANCY 3.28% PROPERTY 1.08% PROPERTY 2.35% CONSULTING 0.96% TRADING 2.10% ENERGY 0.84% DESIGN 1.89% COMMUNITY 0.72% ENGINEERING 1.87% FALMOUTH 0.72% ASSOCIATES 1.82% (CORNWALL) 0.72% CONSULTANTS 1.78% ASSOCIATES 0.60% CONSTRUCTION 1.71% DENTAL 0.60% BUSINESS 1.70% BUSINESS 0.60% MEDIA 1.69% ADMINISTRATION 0.60% LONDON 1.68% ESTATE 0.48% J 1.57% KERNOW 0.48% GLOBAL 1.51% PROPERTIES 0.48% INVESTMENTS 1.48% SONS 0.48% IT 1.42% MANOR 0.48% CARE 1.31% SERVICE 0.48% PROPERTIES 1.31% DESIGN 0.48% M 1.26% WEST 0.48% ELECTRICAL 1.23% C 0.48% BUILDING 1.23% TRURO 0.48% SECURITY 1.19% SOUTH 0.48% S 1.18% CARE 0.48% ENTERPRISES 1.17%
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 252 244,457 7487 - Other business activities 56 47,029 74909 - Other professional, scientific and technical activities not elsewhere classified 46 10,271 82990 - Other business support service activities not elsewhere classified 30 35,447 99999 - Dormant Company 28 26,088 96090 - Other service activities not elsewhere classified 18 14,220 86230 - Dental practice activities 14 1,834 9305 - Other service activities 13 7,926 70229 - Management consultancy activities other than financial management 12 20,390 9999 - Dormant Company 10 16,469 41202 - Construction of domestic buildings 10 3,185 62090 - Other information technology service activities 10 8,258 74990 - Non-trading company 10 9,706 62020 - Information technology consultancy activities 9 15,280 56101 - Licenced restaurants 9 2,540 41100 - Development of building projects 9 5,149 86900 - Other human health activities 8 5,222 55100 - Hotels and similar accommodation 8 819 7414 - Business & management consultancy 7 10,978 62012 - Business and domestic software development 7 4,742
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08092285 KEAST KITCHENS LIMITED 01 Jun 2012 08092834 ICT4 LIMITED 01 Jun 2012 08095283 CORNWALL KAYAKS LTD 06 Jun 2012 08096797 CC LEISURE CONCEPTS (CARBIS BAY) LIMITED 07 Jun 2012 08098507 BIG MONKEY KETTLE CORN LIMITED 08 Jun 2012 08099524 TREVARRACK CONSTRUCTION LIMITED 11 Jun 2012 08099685 MINUTIAE KITCHEN DESIGN LTD 11 Jun 2012 OC375861 FALMOUTH PILOTS LLP 07 Jun 2012 08101765 GIEDRE LIMITED 12 Jun 2012 08104939 LA CASA DEI SABORE LIMITED 14 Jun 2012 08113657 SOUTHWEST BUSINESS SYSTEMS LTD. 21 Jun 2012 08114158 DE LUNCH LIMITED 21 Jun 2012 08115402 L B STRUCTURES (SOUTH WEST) LIMITED 22 Jun 2012 08117379 WOLF ROCK LIMITED 25 Jun 2012 08117407 GUBERNO LTD 25 Jun 2012 08117935 SHREEOOM LIMITED 25 Jun 2012 08120380 JOHT RESOURCES LIMITED 26 Jun 2012 08121592 OCEAN IT LTD. 27 Jun 2012 08098703 GROVE FINANCIAL SERVICES (UK) LTD. 08 Jun 2012 08111648 TREWINCE LTD 19 Jun 2012 08092467 BWV INVESTMENTS LIMITED 01 Jun 2012 08101119 VAN DAHLBERG LTD. 12 Jun 2012 08101679 T C JAMES & SONS LIMITED 12 Jun 2012 08116724 TOY FACTORY SURFBOARDS LIMITED 22 Jun 2012 08120942 SILVER CITY FINANCE LIMITED 27 Jun 2012
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