Truro, Cornwall
2014 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 245 companies were formed in Truro. This figure is 6.5% lower than last year, which compares badly to the UK wide figure of 11.6%.
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 2014 245 300,731 2013 262 269,432 % change -6.5% 11.6% Record Year 2003 (285) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 117 companies were registered in Truro during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 8.3% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Truro UK 2014 117 150,009 2013 108 134,630 % change 8.3% 11.4% Record Year 2011 (132) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
New Companies by Month
April May June New companies in 2014 47 41 29 New companies in 2013 41 41 26 % change 14.6% 0.0% 11.5% Record Year 2003 (53) 2003 (44) 2010 (49)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 145 companies were dissolved in Truro. This figure is 93.3% higher than last year, which compares badly to the UK wide change of 14.2%.
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 2014 145 177,207 2013 75 155,192 % change 93.3% 14.2% Record Year 2012 (162) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 82 companies were dissolved in Truro during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 74.5% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Truro UK 2014 82 94,837 2013 47 77,278 % change 74.5% 22.7% Record Year 2014 (82) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 21 32 29 Closed companies in 2013 20 12 15 % change 5.0% 166.7% 93% Record Year 2012 (30) 2009 (43) 2004 (31)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Truro increased by 100 companies.
Half Year (Jan-Jun) Truro UK 2014 100 123,524 2013 187 114,240 Record Year 2003 (197) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Truro during the second quarter of 2014 (Apr 2014 - Jun 2014) was 35 companies.
second quarter (Apr 2014 - Jun 2014) Truro UK 2014 35 55,172 2013 61 57,352 Record Year 2011 (72) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 26 9 0 Net growth in 2013 21 29 11 Record Year 2003 (39) 2003 (35) 2010 (28)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Truro formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jan-Jun) Truro 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Truro formed 0.1% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Truro 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 3.4% -7.8% -3.3% Record Year 2003 (0.2%) 1997 (0.2%) 2010 (0.1%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 46.8.
The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 46.7.
The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 1.0% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Truro was 2005 when 38.4% of all directors were female.
24.8% of all director appointments in Truro in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Truro was in 2005 when 39.9% of all directors were female.
24.8% of all director appointments in Truro in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.96% CONSULTING 5.16% KS 2.46% MANAGEMENT 4.64% SPV 2.46% CONSULTANCY 3.50% SUNSAVE 1.97% PROPERTY 2.66% MANAGEMENT 1.72% TRADING 2.03% CONSULTING 1.48% ENGINEERING 1.99% SELF 1.35% CONSTRUCTION 1.93% (CORNWALL) 1.11% LONDON 1.93% TRURO 1.11% CARE 1.85% (TRURO) 0.99% DESIGN 1.75% ACADEMY 0.99% CONSULTANTS 1.73% ELECTRICAL 0.86% BUSINESS 1.69% ENGINEERING 0.86% PROPERTIES 1.63% PROPERTY 0.86% TRANSPORT 1.58% J 0.86% GLOBAL 1.55% STORE 0.74% INVESTMENTS 1.55% CONSTRUCTION 0.74% J 1.51% CONSULTANCY 0.74% ASSOCIATES 1.48% STORAGE 0.74% MEDIA 1.44% BARS 0.74% ELECTRICAL 1.40% ENERGY 0.62% IT 1.33% PARITY 0.62% DEVELOPMENTS 1.33% TRADING 0.62% BUILDING 1.26% DEVELOPMENTS 0.62% M 1.24% RECRUITMENT 0.62% CO., 1.20%
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 189 261,557 35110 - Production of electricity 65 2,396 74909 - Other professional, scientific and technical activities not elsewhere classified 56 19,058 99999 - Dormant Company 52 48,436 70229 - Management consultancy activities other than financial management 35 40,250 82990 - Other business support service activities not elsewhere classified 22 57,421 86900 - Other human health activities 20 11,292 41100 - Development of building projects 20 10,527 74990 - Non-trading company 19 14,351 96090 - Other service activities not elsewhere classified 18 28,352 62020 - Information technology consultancy activities 15 29,029 56101 - Licensed restaurants 13 8,585 86230 - Dental practice activities 13 2,056 43220 - Plumbing, heat and air-conditioning installation 10 5,075 62090 - Other information technology service activities 10 13,024 47910 - Retail sale via mail order houses or via Internet 10 9,900 58210 - Publishing of computer games 9 252 68100 - Buying and selling of own real estate 9 6,413 41202 - Construction of domestic buildings 9 7,053 47710 - Retail sale of clothing in specialised stores 8 3,228
Recent Companies
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Randomly selected companies from this quarter
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