Truro, Cornwall

2014 Half Year Business Confidence Report

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. 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)TruroUK
    2014245300,731
    2013262269,432
    % change-6.5%11.6%
    Record Year2003 (285)2014 (300,731)
    New Companies by Half Year
  2. 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)TruroUK
    2014117150,009
    2013108134,630
    % change8.3%11.4%
    Record Year 2011 (132) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    New Companies by Month
    AprilMayJune
    New companies in 2014474129
    New companies in 2013414126
    % change14.6%0.0%11.5%
    Record Year2003 (53)2003 (44)2010 (49)

Closed Companies (dissolved)

  1. 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)TruroUK
    2014145177,207
    201375155,192
    % change93.3%14.2%
    Record Year2012 (162)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)TruroUK
    20148294,837
    20134777,278
    % change74.5%22.7%
    Record Year 2014 (82) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014213229
    Closed companies in 2013201215
    % change5.0%166.7%93%
    Record Year2012 (30)2009 (43)2004 (31)

Net Company Growth

  1. 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)TruroUK
    2014100123,524
    2013187114,240
    Record Year2003 (197)2007 (171,296)
    Net Growth by Half Year
  2. 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)TruroUK
    20143555,172
    20136157,352
    Record Year 2011 (72) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 20142690
    Net growth in 2013212911
    Record Year2003 (39)2003 (35)2010 (28)

UK Company Share

  1. 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
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2003 (0.1%)
    Company Share by Half Year
  2. 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
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2003 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change3.4%-7.8%-3.3%
    Record Year2003 (0.2%)1997 (0.2%)2010 (0.1%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    CORNWALL2.96%CONSULTING5.16%
    KS2.46%MANAGEMENT4.64%
    SPV2.46%CONSULTANCY3.50%
    SUNSAVE1.97%PROPERTY2.66%
    MANAGEMENT1.72%TRADING2.03%
    CONSULTING1.48%ENGINEERING1.99%
    SELF1.35%CONSTRUCTION1.93%
    (CORNWALL)1.11%LONDON1.93%
    TRURO1.11%CARE1.85%
    (TRURO)0.99%DESIGN1.75%
    ACADEMY0.99%CONSULTANTS1.73%
    ELECTRICAL0.86%BUSINESS1.69%
    ENGINEERING0.86%PROPERTIES1.63%
    PROPERTY0.86%TRANSPORT1.58%
    J0.86%GLOBAL1.55%
    STORE0.74%INVESTMENTS1.55%
    CONSTRUCTION0.74%J1.51%
    CONSULTANCY0.74%ASSOCIATES1.48%
    STORAGE0.74%MEDIA1.44%
    BARS0.74%ELECTRICAL1.40%
    ENERGY0.62%IT1.33%
    PARITY0.62%DEVELOPMENTS1.33%
    TRADING0.62%BUILDING1.26%
    DEVELOPMENTS0.62%M1.24%
    RECRUITMENT0.62%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied189261,557
    35110 - Production of electricity652,396
    74909 - Other professional, scientific and technical activities not elsewhere classified5619,058
    99999 - Dormant Company5248,436
    70229 - Management consultancy activities other than financial management3540,250
    82990 - Other business support service activities not elsewhere classified2257,421
    86900 - Other human health activities2011,292
    41100 - Development of building projects2010,527
    74990 - Non-trading company1914,351
    96090 - Other service activities not elsewhere classified1828,352
    62020 - Information technology consultancy activities1529,029
    56101 - Licensed restaurants138,585
    86230 - Dental practice activities132,056
    43220 - Plumbing, heat and air-conditioning installation105,075
    62090 - Other information technology service activities1013,024
    47910 - Retail sale via mail order houses or via Internet109,900
    58210 - Publishing of computer games9252
    68100 - Buying and selling of own real estate96,413
    41202 - Construction of domestic buildings97,053
    47710 - Retail sale of clothing in specialised stores83,228

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08982309 PARITY BARS (TRURO) LIMITED 07 Apr 2014
    08983357 PAMS ASSESSMENTS LIMITED 07 Apr 2014
    08988806 AS (TRURO) LTD 09 Apr 2014
    08999515 KETTLE DESIGN LIMITED 16 Apr 2014
    09008962 SOUTH WEST STEEL BUILDINGS LIMITED 24 Apr 2014
    09012724 RMMOVIES LTD 25 Apr 2014
    09012840 VISTA PROPERTY MANAGEMENT (NEWQUAY) LIMITED 25 Apr 2014
    09016385 PARITY BARS (CHELSEA) LIMITED 29 Apr 2014
    09017629 TREVENSON ROAD MANAGEMENT COMPANY LTD 29 Apr 2014
    08984681 STRAIGHTSHOT COMMUNICATIONS LTD 08 Apr 2014
    08969322 GLOBAL PACIFIC CORPORATION INC LIMITED 01 Apr 2014
    08973249 BEARHAM PROPERTY MANAGEMENT LTD 02 Apr 2014
    08998214 SOCIAL MEDIATOR LIMITED 15 Apr 2014
    09000044 ARISTO JET LTD 16 Apr 2014
    09007494 FRESH LIFE THERAPY LIMITED 23 Apr 2014
    09013356 DV COMMERCIALS AND CLASSICS LIMITED 28 Apr 2014
    09014042 SCRIMSHAW MEDICAL LTD 28 Apr 2014
    09016988 MOON SQUARE LIMITED 29 Apr 2014
    09019243 BRIDGWATER SELF STORAGE LTD 30 Apr 2014
    09019277 BRIDGWATER SELF STORE LTD 30 Apr 2014
    09019304 TAUNTON SELF STORAGE LTD 30 Apr 2014
    09019337 EXETER SELF STORE LTD 30 Apr 2014
    09019367 TAUNTON SELF STORE LTD 30 Apr 2014
    09019377 BRISTOL SELF STORE LTD 30 Apr 2014
    09019400 BRISTOL SELF STORAGE LTD 30 Apr 2014