Truro, Cornwall
Q1 2014 Business Confidence Report
Headlines
- February 2014 saw a new record in company registrations in Truro when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 128 companies were registered in Truro during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 16.9% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Truro UK 2014 128 150,722 2013 154 134,802 % change -16.9% 11.8% Record Year 2013 (154) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company registrations in Truro when compared to any previous February.
New Companies by Month
January February March New companies in 2014 38 50 40 New companies in 2013 43 48 63 % change -11.6% 4.2% -36.5% Record Year 2013 (43) 2014 (50) 2003 (67)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 63 companies were dissolved in Truro during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 125.0% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Truro UK 2014 63 82,370 2013 28 77,914 % change 125.0% 5.7% Record Year 2012 (83) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 19 20 24 Closed companies in 2013 9 8 11 % change 111.1% 150.0% 118% Record Year 2006 (42) 2006 (24) 2009 (40)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Truro during the first quarter of 2014 (Jan 2014 - Mar 2014) was 65 companies.
first quarter (Jan 2014 - Mar 2014) Truro UK 2014 65 68,352 2013 126 56,888 Record Year 2013 (126) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 19 30 16 Net growth in 2013 34 40 52 Record Year 2013 (34) 2013 (40) 2013 (52)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Truro formed 0.1% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Truro 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2003 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -17.3% -3.8% -47.0% Record Year 1997 (0.2%) 2003 (0.1%) 2003 (0.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 47.0.
The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Truro was in 2005 when 37.2% of all directors were female.
24.8% of all director appointments in Truro in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.83% CONSULTING 5.22% SPV 2.46% MANAGEMENT 4.67% KS 2.46% CONSULTANCY 3.49% MANAGEMENT 1.60% PROPERTY 2.64% CONSULTING 1.35% TRADING 2.05% (CORNWALL) 1.23% LONDON 1.88% SUNSAVE 1.23% ENGINEERING 1.86% PROPERTY 0.86% CARE 1.79% ACADEMY 0.86% CONSTRUCTION 1.75% J 0.86% DESIGN 1.75% CONSULTANCY 0.86% CONSULTANTS 1.73% TRURO 0.86% BUSINESS 1.71% S 0.74% PROPERTIES 1.60% DEVELOPMENTS 0.74% INVESTMENTS 1.60% ENGINEERING 0.74% GLOBAL 1.58% CONSTRUCTION 0.74% J 1.48% KERNOW 0.74% ASSOCIATES 1.48% (TRURO) 0.74% MEDIA 1.48% FOR 0.62% IT 1.33% TECHNOLOGIES 0.62% TRANSPORT 1.30% TRADING 0.62% DEVELOPMENTS 1.29% ENERGY 0.62% BUILDING 1.24% DESIGN 0.62% M 1.21% HOUSE 0.62% CAPITAL 1.20% ELECTRICAL 0.62% ELECTRICAL 1.19%
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 240 280,210 74909 - Other professional, scientific and technical activities not elsewhere classified 77 18,491 99999 - Dormant Company 55 47,084 35110 - Production of electricity 46 2,161 70229 - Management consultancy activities other than financial management 33 37,882 82990 - Other business support service activities not elsewhere classified 24 56,411 86900 - Other human health activities 18 10,273 96090 - Other service activities not elsewhere classified 17 26,700 41100 - Development of building projects 16 9,855 74990 - Non-trading company 16 14,135 56101 - Licensed restaurants 15 7,965 86230 - Dental practice activities 13 2,053 62020 - Information technology consultancy activities 12 27,750 62090 - Other information technology service activities 11 12,813 70100 - Activities of head offices 9 4,019 47910 - Retail sale via mail order houses or via Internet 9 9,358 58190 - Other publishing activities 8 2,560 68100 - Buying and selling of own real estate 8 5,920 47710 - Retail sale of clothing in specialised stores 8 3,066 98000 - Residents property management 8 4,832
Recent Companies
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Randomly selected companies from this quarter
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