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
New Company Registrations
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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.
Year Truro UK 2012 476 491,893 2011 470 452,870 2010 464 400,358 2009 391 362,675 2008 325 349,203 Record Year 2003 (520) 2012 (491,893) New Companies by Year
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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) Truro UK 2012 224 238,743 2011 216 224,135 % change 3.7% 6.5% Record Year 2003 (235) 2012 (238,743) New Companies by Half Year
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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) Truro UK 2012 100 119,875 2011 94 109,623 % change 6.4% 9.4% Record Year 2002 (124) 2012 (119,875) New Companies by Quarter
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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
October November December New companies in 2012 51 27 22 New companies in 2011 36 30 28 % change 41.7% -10.0% -21.4% Record Year 2012 (51) 2002 (42) 2002 (35)
Closed Companies (dissolved)
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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.
Year Truro UK 2012 284 293,728 2011 320 314,524 2010 206 342,233 2009 250 533,787 2008 129 237,873 Record Year 2011 (320) 2009 (533,787) Dissolved Companies by Year
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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) Truro UK 2012 122 145,934 2011 200 152,213 % change -39.0% -4.1% Record Year 2011 (200) 2009 (244,543) Dissolved Companies by Half Year
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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) Truro UK 2012 48 70,026 2011 100 79,983 % change -52.0% -12.4% Record Year 2011 (100) 2009 (85,139) Dissolved Companies by Quarter
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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
October November December Closed companies in 2012 24 17 7 Closed companies in 2011 21 47 32 % change 14.3% -63.8% -78% Record Year 2012 (24) 2011 (47) 2011 (32)
Net Company Growth
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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.
Year Truro UK 2012 192 198,165 2011 150 138,346 2010 258 58,125 2009 141 -171,112 2008 196 111,330 Record Year 2003 (338) 2003 (242,541) Net Growth by Year
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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) Truro UK 2012 102 92,809 2011 16 71,922 Record Year 2002 (157) 2003 (117,772) Net Growth by Half Year
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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) Truro UK 2012 52 49,849 2011 -6 29,640 Record Year 2002 (79) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 27 10 15 Net growth in 2011 15 -17 -4 Record Year 2008 (29) 2003 (29) 2002 (30)
UK Company Share
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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.
Year Truro 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1964 (0.1%) Company Share by Year
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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 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1962 (0.1%) Company Share by Half Year
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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 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1962 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change 19.0% -14.4% -23.5% Record Year 1960 (0.2%) 1969 (0.2%) 1962 (0.6%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 1.71% CONSULTING 5.15% KS 1.48% MANAGEMENT 4.78% SPV 1.48% CONSULTANCY 3.31% MANAGEMENT 1.48% PROPERTY 2.40% SUNSAVE 1.14% TRADING 2.03% CONSULTING 0.91% DESIGN 1.86% ENERGY 0.80% ASSOCIATES 1.82% PROPERTY 0.80% ENGINEERING 1.79% TRURO 0.68% BUSINESS 1.76% PROPERTIES 0.68% CONSULTANTS 1.75% CORNISH 0.68% CONSTRUCTION 1.69% DEVELOPMENTS 0.68% LONDON 1.69% BUSINESS 0.57% MEDIA 1.69% (CORNWALL) 0.57% GLOBAL 1.59% PLANNING 0.57% J 1.57% INVESTMENTS 0.57% INVESTMENTS 1.46% CONSULTANCY 0.57% IT 1.43% SOUTH 0.46% CARE 1.39% C 0.46% PROPERTIES 1.34% CITY 0.46% M 1.26% WEST 0.46% BUILDING 1.23% CONSTRUCTION 0.46% ENTERPRISES 1.21% DENTAL 0.46% TRAINING 1.18% FINANCIAL 0.46% ELECTRICAL 1.17% DESIGN 0.46% SECURITY 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 230 236,139 74909 - Other professional, scientific and technical activities not elsewhere classified 92 15,572 99999 - Dormant Company 35 40,648 82990 - Other business support service activities not elsewhere classified 31 52,427 96090 - Other service activities not elsewhere classified 22 22,058 86230 - Dental practice activities 16 2,378 56101 - Licensed restaurants 16 6,400 70229 - Management consultancy activities other than financial management 16 30,396 86900 - Other human health activities 15 7,866 62090 - Other information technology service activities 15 12,291 74990 - Non-trading company 14 13,808 41202 - Construction of domestic buildings 14 4,882 62012 - Business and domestic software development 14 7,446 7487 - Other business activities 13 10,703 62020 - Information technology consultancy activities 13 23,256 41100 - Development of building projects 12 7,980 35110 - Production of electricity 10 1,611 98000 - Residents property management 9 4,377 70100 - Activities of head offices 9 3,878 47910 - Retail sale via mail order houses or via Internet 8 6,307
Recent Companies
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Randomly selected companies from this quarter
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