Truro, Cornwall

2012 Annual Business Confidence Report

Headlines

  • October 2012 saw a new record in company registrations in Truro when compared to any previous October.
  • October 2012 saw a new record in company closures in Truro when compared to any previous October.

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. Annual Data (2012)

    A total of 476 companies were formed in Truro in 2012. This total is 1.3% higher than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearTruroUK
    2012476491,893
    2011470452,870
    2010464400,358
    2009391362,675
    2008325349,203
    Record Year2003 (520)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 224 companies were formed in Truro. This figure is 3.7% higher than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Truro occurred in 2003 when a total of 235 were formed.

    Half Year (Jul-Dec)TruroUK
    2012224238,743
    2011216224,135
    % change3.7%6.5%
    Record Year2003 (235)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 100 companies were registered in Truro during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 6.4% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)TruroUK
    2012100119,875
    201194109,623
    % change6.4%9.4%
    Record Year 2002 (124) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company registrations in Truro when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012512722
    New companies in 2011363028
    % change41.7%-10.0%-21.4%
    Record Year2012 (51)2002 (42)2002 (35)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 284 companies were dissolved in Truro in 2012. This total is 11.3% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.

    YearTruroUK
    2012284293,728
    2011320314,524
    2010206342,233
    2009250533,787
    2008129237,873
    Record Year2011 (320)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 122 companies were dissolved in Truro. This figure is 39.0% lower than last year, which compares well to the UK wide change of -4.1%.

    The highest total for a second half year in Truro occurred in 2011 when a total of 200 were closed.

    Half Year (Jul-Dec)TruroUK
    2012122145,934
    2011200152,213
    % change-39.0%-4.1%
    Record Year2011 (200)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 48 companies were dissolved in Truro during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 52.0% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)TruroUK
    20124870,026
    201110079,983
    % change-52.0%-12.4%
    Record Year 2011 (100) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201224177
    Closed companies in 2011214732
    % change14.3%-63.8%-78%
    Record Year2012 (24)2011 (47)2011 (32)

Net Company Growth

  1. Annual Data (2012)

    A total of 192 companies were added to the company register for Truro in 2012. This number represents growth of 40.9% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 42 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Truro company register grew by 338 companies.

    YearTruroUK
    2012192198,165
    2011150138,346
    201025858,125
    2009141-171,112
    2008196111,330
    Record Year2003 (338)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Truro increased by 102 companies.

    Half Year (Jul-Dec)TruroUK
    201210292,809
    20111671,922
    Record Year2002 (157)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Truro during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 52 companies.

    fourth quarter (Oct 2012 - Dec 2012)TruroUK
    20125249,849
    2011-629,640
    Record Year 2002 (79) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012271015
    Net growth in 201115-17-4
    Record Year2008 (29)2003 (29)2002 (30)

UK Company Share

  1. Annual Data (2012)

    In 2012 Truro formed 0.1% of all UK companies. This is no change on 2011 when Truro was responsible for 0.1% of all UK companies.

    YearTruro
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960)1964 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

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

    Half Year (Jul-Dec)Truro
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1962 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

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

    fourth quarter (Oct 2012 - Dec 2012)Truro
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1962 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change19.0%-14.4%-23.5%
    Record Year1960 (0.2%)1969 (0.2%)1962 (0.6%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 44.9.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 44.4.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 6.7% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 44.4.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 7.6% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Truro was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Truro in 2012 was 33.8%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Truro was 1860 when 42.9% of all directors were female.

    28.9% of all director appointments in Truro in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Truro was in 1977 when 31.2% of all directors were female.

    29.1% of all director appointments in Truro in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CORNWALL1.71%CONSULTING5.15%
    KS1.48%MANAGEMENT4.78%
    SPV1.48%CONSULTANCY3.31%
    MANAGEMENT1.48%PROPERTY2.40%
    SUNSAVE1.14%TRADING2.03%
    CONSULTING0.91%DESIGN1.86%
    ENERGY0.80%ASSOCIATES1.82%
    PROPERTY0.80%ENGINEERING1.79%
    TRURO0.68%BUSINESS1.76%
    PROPERTIES0.68%CONSULTANTS1.75%
    CORNISH0.68%CONSTRUCTION1.69%
    DEVELOPMENTS0.68%LONDON1.69%
    BUSINESS0.57%MEDIA1.69%
    (CORNWALL)0.57%GLOBAL1.59%
    PLANNING0.57%J1.57%
    INVESTMENTS0.57%INVESTMENTS1.46%
    CONSULTANCY0.57%IT1.43%
    SOUTH0.46%CARE1.39%
    C0.46%PROPERTIES1.34%
    CITY0.46%M1.26%
    WEST0.46%BUILDING1.23%
    CONSTRUCTION0.46%ENTERPRISES1.21%
    DENTAL0.46%TRAINING1.18%
    FINANCIAL0.46%ELECTRICAL1.17%
    DESIGN0.46%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied230236,139
    74909 - Other professional, scientific and technical activities not elsewhere classified9215,572
    99999 - Dormant Company3540,648
    82990 - Other business support service activities not elsewhere classified3152,427
    96090 - Other service activities not elsewhere classified2222,058
    86230 - Dental practice activities162,378
    56101 - Licensed restaurants166,400
    70229 - Management consultancy activities other than financial management1630,396
    86900 - Other human health activities157,866
    62090 - Other information technology service activities1512,291
    74990 - Non-trading company1413,808
    41202 - Construction of domestic buildings144,882
    62012 - Business and domestic software development147,446
    7487 - Other business activities1310,703
    62020 - Information technology consultancy activities1323,256
    41100 - Development of building projects127,980
    35110 - Production of electricity101,611
    98000 - Residents property management94,377
    70100 - Activities of head offices93,878
    47910 - Retail sale via mail order houses or via Internet86,307

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08280268 UNIQUA-UK LIMITED 05 Nov 2012
    08280330 UNEEKA-UK LTD 05 Nov 2012
    08282387 JW CONSTRUCTION (SW) LIMITED 06 Nov 2012
    08288687 FORCES MERCHANDISING LIMITED 12 Nov 2012
    08290705 WEST PENTIRE PARKING LIMITED 12 Nov 2012
    08291656 ICE CREAM WORLD AND FROZEN FOODS LIMITED 13 Nov 2012
    08296649 VEAN CREATION LIMITED 16 Nov 2012
    08299081 W SPENCER INTERIORS LTD 19 Nov 2012
    08301739 TOUR DE COL LTD 21 Nov 2012
    08303037 HONG KONG HOUSE CHINESE TAKEAWAY LIMITED 22 Nov 2012
    08305309 ONE WIND RENEWABLES LIMITED 23 Nov 2012
    08305380 RSJ ONE ENERGY LIMITED 23 Nov 2012
    08305450 RSJ3 ENERGY LTD 23 Nov 2012
    08313668 RSB ECOLOGIC LIMITED 30 Nov 2012
    08314955 HIT THE NICK LIMITED 30 Nov 2012
    08306494 ROD HULME CONSULTING LTD 26 Nov 2012
    08280544 MY WORLD CREATIONS LIMITED 05 Nov 2012
    08289132 GEMS PROPERTY DEVELOPMENT LIMITED 12 Nov 2012
    08296566 MODEL OVERSEAS INVESTMENTS LIMITED 16 Nov 2012
    08298441 INTUITI SOLUTIONS LTD 19 Nov 2012
    08299510 CEDAR AND RIVER LTD 20 Nov 2012
    08299631 GENERATE MARKETING (SW) LIMITED 20 Nov 2012
    08303792 SSDEV LTD 22 Nov 2012
    08304307 THEMSLEY LTD 22 Nov 2012
    08311852 EXTRAORDINARY PRODUCTS LIMITED 29 Nov 2012