Truro, Cornwall

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

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 (2013)

    A total of 492 companies were formed in Truro in 2013. This total is 3.4% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearTruroUK
    2013492529,363
    2012476491,893
    2011470452,870
    2010464400,358
    2009391362,675
    Record Year2013 (492)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 230 companies were formed in Truro. This figure is 2.7% higher than last year, which compares badly to the UK wide figure of 8.9%.

    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
    2013230259,931
    2012224238,743
    % change2.7%8.9%
    Record Year2003 (235)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 95 companies were registered in Truro during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is a decrease of 5.0% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)TruroUK
    201395127,247
    2012100119,875
    % change-5.0%6.1%
    Record Year 2009 (107) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013423023
    New companies in 2012512722
    % change-17.6%11.1%4.5%
    Record Year2012 (51)2002 (42)2002 (35)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 210 companies were dissolved in Truro in 2013. This total is 26.1% lower than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearTruroUK
    2013210332,213
    2012284293,729
    2011320314,524
    2010206342,233
    2009250533,789
    Record Year2011 (320)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 135 companies were dissolved in Truro. This figure is 10.7% higher than last year, which compares well to the UK wide change of 21.3%.

    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
    2013135177,021
    2012122145,935
    % change10.7%21.3%
    Record Year2011 (200)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 59 companies were dissolved in Truro during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 22.9% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)TruroUK
    20135990,851
    20124870,027
    % change22.9%29.7%
    Record Year 2011 (100) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013231719
    Closed companies in 201224177
    % change-4.2%0.0%171%
    Record Year2012 (24)2011 (47)2011 (32)

Net Company Growth

  1. Annual Data (2013)

    A total of 282 companies were added to the company register for Truro in 2013. This number represents growth of 57.3% in the total number of active companies, which compares favourably to the UK figure of 37.2%.

    This number is 90 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Truro company register grew by 282 companies.

    YearTruroUK
    2013282197,150
    2012192198,164
    2011150138,346
    201025858,125
    2009141-171,114
    Record Year2013 (282)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Truro increased by 95 companies.

    Half Year (Jul-Dec)TruroUK
    20139582,910
    201210292,808
    Record Year2002 (157)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Truro during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 36 companies.

    fourth quarter (Oct 2013 - Dec 2013)TruroUK
    20133636,396
    20125249,848
    Record Year 2008 (55) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201319134
    Net growth in 2012271015
    Record Year2008 (29)2003 (29)2002 (30)

UK Company Share

  1. Annual Data (2013)

    In 2013 Truro formed 0.1% of all UK companies. This is no change on 2012 when Truro was responsible for 0.1% of all UK companies.

    YearTruro
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960)2002 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Truro formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.

    Half Year (Jul-Dec)Truro
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 2002 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Truro formed 0.1% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Truro
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 2002 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.1%0.1%
    % change-23.5%9.3%-5.0%
    Record Year2002 (0.1%)2002 (0.2%)2002 (0.2%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 48.1.

    The percentage of directors under the age of 25 was 7.2% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 0.6% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 47.9.

    The percentage of directors under the age of 25 was 6.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 0.4% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 46.9.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 0.7% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Truro was 1991 when 39.8% of all directors were female.

    The percentage of female directors in Truro in 2013 was 28.7%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Truro was 2007 when 36.4% of all directors were female.

    27.5% of all director appointments in Truro in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Truro was in 2007 when 35.5% of all directors were female.

    27.4% of all director appointments in Truro in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    SPV3.72%CONSULTING5.22%
    KS3.72%MANAGEMENT4.72%
    CORNWALL2.56%CONSULTANCY3.45%
    SUNSAVE1.97%PROPERTY2.59%
    (CORNWALL)1.39%TRADING2.08%
    MANAGEMENT1.05%ENGINEERING1.87%
    CONSULTING1.05%LONDON1.86%
    ENERGY0.93%DESIGN1.76%
    ACADEMY0.81%CONSTRUCTION1.73%
    CONSTRUCTION0.81%CARE1.73%
    CONSULTANCY0.81%BUSINESS1.71%
    CLUB0.70%CONSULTANTS1.68%
    MARINE0.70%GLOBAL1.58%
    HOUSE0.70%INVESTMENTS1.56%
    GAMES0.70%PROPERTIES1.54%
    TRURO0.70%ASSOCIATES1.53%
    FREE0.58%J1.51%
    PROPERTY0.58%MEDIA1.50%
    RECRUITMENT0.58%IT1.35%
    VENTURES0.58%DEVELOPMENTS1.23%
    FARM)0.58%M1.23%
    PROPERTIES0.58%BUILDING1.21%
    KERNOW0.58%ELECTRICAL1.20%
    J0.58%CAPITAL1.19%
    S0.58%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied194266,814
    74909 - Other professional, scientific and technical activities not elsewhere classified8118,034
    99999 - Dormant Company5346,762
    35110 - Production of electricity332,102
    70229 - Management consultancy activities other than financial management2836,164
    82990 - Other business support service activities not elsewhere classified2555,342
    96090 - Other service activities not elsewhere classified2426,001
    74990 - Non-trading company1914,223
    86900 - Other human health activities199,543
    56101 - Licensed restaurants177,685
    86230 - Dental practice activities152,030
    41100 - Development of building projects129,485
    62090 - Other information technology service activities1212,511
    62020 - Information technology consultancy activities1227,183
    62012 - Business and domestic software development109,360
    96020 - Hairdressing and other beauty treatment96,000
    68209 - Other letting and operating of own or leased real estate98,733
    70100 - Activities of head offices93,944
    68100 - Buying and selling of own real estate95,656
    41202 - Construction of domestic buildings96,191

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08712160 WSW GROUNDWORKS LIMITED 01 Oct 2013
    08714243 MORTON'S GOLFPRO SERVICES LIMITED 02 Oct 2013
    08720407 FONEMECHANIX TRURO LIMITED 07 Oct 2013
    08732426 ROCKVILLE PROPERTY MANAGEMENT COMPANY LIMITED 15 Oct 2013
    08734283 OCEANS REACH LIMITED 16 Oct 2013
    08736900 EDWARD BUCKLAND LIMITED 17 Oct 2013
    08740276 BLUEPLANE LIMITED 21 Oct 2013
    08743003 HIGHEND CARVERY LIMITED 22 Oct 2013
    08743023 ELITE ELECTRICAL SYSTEMS LTD 22 Oct 2013
    08743140 CORNWALL CIDER CO. LIMITED 22 Oct 2013
    08744203 THE PILGRIMS' WAY CHURCH OF ENGLAND MULTI ACADEMY TRUST 23 Oct 2013
    08745349 MAB MARINE LIMITED 23 Oct 2013
    08747729 PYNE YACHT CONSULTING LIMITED 24 Oct 2013
    08749233 STILLKON LIMITED 25 Oct 2013
    08751887 G4 BUILDING SOLUTIONS LIMITED 29 Oct 2013
    08753982 TONY BUTTON CONSULTANCY LTD 30 Oct 2013
    08713020 SEAGLASS MARKETING LIMITED 01 Oct 2013
    08749415 BIGBROWNHORSE ACADEMY CIC 25 Oct 2013
    08725904 OFFSHORE BAR & BISTRO CORNWALL LIMITED 10 Oct 2013
    08732735 LOGICAL INSIGHT LIMITED 15 Oct 2013
    08733188 ML ACCOUNTING LTD 15 Oct 2013
    08734933 SHILDON SOLUTIONS LTD 16 Oct 2013
    08739369 RIGHT CARE SOLUTIONS LIMITED 18 Oct 2013
    08747247 CROSSFIT CORNWALL LTD 24 Oct 2013
    08754962 DIVORCE ADVISER LTD 30 Oct 2013