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

  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. 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)TruroUK
    2014121143,414
    2013135132,684
    % change-10.4%8.1%
    Record Year 2013 (135) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2014344542
    New companies in 2013493947
    % change-30.6%15.4%-10.6%
    Record Year2013 (49)2014 (45)2013 (47)

Closed Companies (dissolved)

  1. 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)TruroUK
    201472101,670
    20137686,170
    % change-5.3%18.0%
    Record Year 2011 (100) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014202032
    Closed companies in 2013332023
    % change-39.4%0.0%39%
    Record Year2013 (33)2005 (34)2011 (34)

Net Company Growth

  1. 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)TruroUK
    20144941,744
    20135946,514
    Record Year 2013 (59) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014142510
    Net growth in 2013161924
    Record Year2002 (26)2002 (26)2010 (28)

UK Company Share

  1. 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
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2002 (0.1%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-36.9%10.0%-18.0%
    Record Year2002 (0.1%)1992 (0.2%)2001 (0.1%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CORNWALL2.69%CONSULTING5.17%
    BARS2.45%MANAGEMENT4.63%
    PARITY2.33%CONSULTANCY3.55%
    SUNSAVE1.71%PROPERTY2.62%
    MANAGEMENT1.47%ENGINEERING2.07%
    CONSULTING1.47%CONSTRUCTION2.05%
    SELF1.35%TRADING2.00%
    TRURO1.35%LONDON1.95%
    DESIGN1.10%CARE1.94%
    (TRURO)0.98%TRANSPORT1.76%
    ACADEMY0.86%DESIGN1.70%
    PROPERTY0.86%CONSULTANTS1.70%
    J0.73%PROPERTIES1.63%
    (CORNWALL)0.73%BUSINESS1.62%
    ELECTRICAL0.73%J1.53%
    ENGINEERING0.73%ELECTRICAL1.53%
    STORE0.73%GLOBAL1.51%
    KERNOW0.73%INVESTMENTS1.50%
    MARINE0.73%ASSOCIATES1.48%
    STORAGE0.73%MEDIA1.38%
    CONSULTANCY0.61%CO.,1.36%
    DEVELOPMENTS0.61%DEVELOPMENTS1.35%
    TECHNOLOGIES0.61%BUILDING1.30%
    CIC0.61%IT1.30%
    C0.61%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied195278,481
    35110 - Production of electricity842,374
    99999 - Dormant Company5448,286
    74909 - Other professional, scientific and technical activities not elsewhere classified4718,890
    70229 - Management consultancy activities other than financial management3440,717
    41100 - Development of building projects2310,604
    82990 - Other business support service activities not elsewhere classified2157,264
    96090 - Other service activities not elsewhere classified2028,224
    86900 - Other human health activities1811,807
    74990 - Non-trading company1814,006
    62020 - Information technology consultancy activities1529,313
    62090 - Other information technology service activities1212,795
    56101 - Licensed restaurants118,546
    86230 - Dental practice activities112,061
    64999 - Financial intermediation not elsewhere classified105,857
    58190 - Other publishing activities102,577
    56302 - Public houses and bars96,056
    43220 - Plumbing, heat and air-conditioning installation95,083
    58210 - Publishing of computer games9271
    68100 - Buying and selling of own real estate96,595

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09159249 LAVENDERS (SOUTH WEST) LIMITED 04 Aug 2014
    09161067 PARITY BARS (MILTON KEYNES) LIMITED 05 Aug 2014
    09167848 HOLY VALE WINES LIMITED 08 Aug 2014
    09169053 KERSEY MEDICAL SERVICES LIMITED 11 Aug 2014
    09169783 PONI SYSTEMS LIMITED 11 Aug 2014
    09171267 ON SCENE AIR SERVICES LIMITED 12 Aug 2014
    09171441 CORNWALL UP-CYCLING HEAVENLY SALVAGE TREASURE EMPORIUM COMPANY LTD 12 Aug 2014
    09174260 ICONIC EMERGE CIC 13 Aug 2014
    09175770 KAST ARCHITECTS LIMITED 14 Aug 2014
    09182207 TURN TO STARBOARD 19 Aug 2014
    09182478 ANCARVA MARINE CONSULTANCY LIMITED 19 Aug 2014
    09184096 N L MARTIN LIMITED 20 Aug 2014
    09184589 CURTIS & TRELEAVEN LTD 21 Aug 2014
    09193999 FIRST DELTA LEISURE LIMITED 29 Aug 2014
    09161538 PHIL GREEN PLANT HIRE LIMITED 05 Aug 2014
    09176933 TANKED FITNESS LIMITED 15 Aug 2014
    09166078 STEINER ACADEMY TRURO LTD 07 Aug 2014
    09160533 PLL LABOUR LIMITED 05 Aug 2014
    09163847 SILVER THIRTY THREE LTD 06 Aug 2014
    09168349 KERNOW CARE STAFFING LTD 08 Aug 2014
    09171338 MI-GRID WIND ENERGY LIMITED 12 Aug 2014
    09171363 MI-GRID WIND PROJECTS LIMITED 12 Aug 2014
    09189430 PRO EDUCATE LTD 28 Aug 2014
    09160984 PARITY BARS (LEEDS) LIMITED 05 Aug 2014
    09161180 PARITY BARS (CHESTERFIELD HOBBY) LIMITED 05 Aug 2014