Truro, Cornwall
Q3 2014 Business Confidence Report
Headlines
- August 2014 saw a new record in company registrations in Truro when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 121 companies were registered in Truro during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 10.4% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Truro UK 2014 121 143,414 2013 135 132,684 % change -10.4% 8.1% Record Year 2013 (135) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
August 2014 saw a new record in company registrations in Truro when compared to any previous August.
New Companies by Month
July August September New companies in 2014 34 45 42 New companies in 2013 49 39 47 % change -30.6% 15.4% -10.6% Record Year 2013 (49) 2014 (45) 2013 (47)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 72 companies were dissolved in Truro during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 5.3% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Truro UK 2014 72 101,670 2013 76 86,170 % change -5.3% 18.0% Record Year 2011 (100) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Dissolved Companies by Month
July August September Closed companies in 2014 20 20 32 Closed companies in 2013 33 20 23 % change -39.4% 0.0% 39% Record Year 2013 (33) 2005 (34) 2011 (34)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Truro during the third quarter of 2014 (Jul 2014 - Sep 2014) was 49 companies.
third quarter (Jul 2014 - Sep 2014) Truro UK 2014 49 41,744 2013 59 46,514 Record Year 2013 (59) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 14 25 10 Net growth in 2013 16 19 24 Record Year 2002 (26) 2002 (26) 2010 (28)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Truro formed 0.1% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Truro 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2002 (0.1%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -36.9% 10.0% -18.0% Record Year 2002 (0.1%) 1992 (0.2%) 2001 (0.1%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 46.6.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 1.7% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Truro was in 2009 when 38.9% of all directors were female.
33.9% of all director appointments in Truro in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CORNWALL 2.69% CONSULTING 5.17% BARS 2.45% MANAGEMENT 4.63% PARITY 2.33% CONSULTANCY 3.55% SUNSAVE 1.71% PROPERTY 2.62% MANAGEMENT 1.47% ENGINEERING 2.07% CONSULTING 1.47% CONSTRUCTION 2.05% SELF 1.35% TRADING 2.00% TRURO 1.35% LONDON 1.95% DESIGN 1.10% CARE 1.94% (TRURO) 0.98% TRANSPORT 1.76% ACADEMY 0.86% DESIGN 1.70% PROPERTY 0.86% CONSULTANTS 1.70% J 0.73% PROPERTIES 1.63% (CORNWALL) 0.73% BUSINESS 1.62% ELECTRICAL 0.73% J 1.53% ENGINEERING 0.73% ELECTRICAL 1.53% STORE 0.73% GLOBAL 1.51% KERNOW 0.73% INVESTMENTS 1.50% MARINE 0.73% ASSOCIATES 1.48% STORAGE 0.73% MEDIA 1.38% CONSULTANCY 0.61% CO., 1.36% DEVELOPMENTS 0.61% DEVELOPMENTS 1.35% TECHNOLOGIES 0.61% BUILDING 1.30% CIC 0.61% IT 1.30% C 0.61% M 1.23%
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 195 278,481 35110 - Production of electricity 84 2,374 99999 - Dormant Company 54 48,286 74909 - Other professional, scientific and technical activities not elsewhere classified 47 18,890 70229 - Management consultancy activities other than financial management 34 40,717 41100 - Development of building projects 23 10,604 82990 - Other business support service activities not elsewhere classified 21 57,264 96090 - Other service activities not elsewhere classified 20 28,224 86900 - Other human health activities 18 11,807 74990 - Non-trading company 18 14,006 62020 - Information technology consultancy activities 15 29,313 62090 - Other information technology service activities 12 12,795 56101 - Licensed restaurants 11 8,546 86230 - Dental practice activities 11 2,061 64999 - Financial intermediation not elsewhere classified 10 5,857 58190 - Other publishing activities 10 2,577 56302 - Public houses and bars 9 6,056 43220 - Plumbing, heat and air-conditioning installation 9 5,083 58210 - Publishing of computer games 9 271 68100 - Buying and selling of own real estate 9 6,595
Recent Companies
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Randomly selected companies from this quarter
reports
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