Truro, Cornwall
Q1 2015 Business Confidence Report
Headlines
- January 2015 saw a new record in company registrations in Truro when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 119 companies were registered in Truro during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is a decrease of 7.0% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Truro UK 2015 119 161,156 2014 128 150,722 % change -7.0% 6.9% Record Year 2013 (154) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
January 2015 saw a new record in company registrations in Truro when compared to any previous January.
New Companies by Month
January February March New companies in 2015 45 43 31 New companies in 2014 38 50 40 % change 18.4% -14.0% -22.5% Record Year 2015 (45) 2014 (50) 2003 (67)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 62 companies were dissolved in Truro during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is a decrease of 1.6% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Truro UK 2015 62 89,523 2014 63 82,370 % change -1.6% 8.7% Record Year 2012 (83) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 13 22 27 Closed companies in 2014 19 20 24 % change -31.6% 10.0% 13% Record Year 2006 (42) 2006 (24) 2009 (40)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Truro during the first quarter of 2015 (Jan 2015 - Mar 2015) was 57 companies.
first quarter (Jan 2015 - Mar 2015) Truro UK 2015 57 71,633 2014 65 68,352 Record Year 2013 (126) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 32 21 4 Net growth in 2014 19 30 16 Record Year 2013 (34) 2013 (40) 2013 (52)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Truro formed 0.1% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Truro 2015 0.1% 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% Record Year (since 1960) 2003 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.1% 0.1% 0.1% UK formation share in 2014 0.1% 0.1% 0.1% % change 16.2% -20.8% -29.4% Record Year 1997 (0.2%) 2003 (0.1%) 2003 (0.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 46.5.
The percentage of directors under the age of 25 was 7.3% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Truro was in 2006 when 35.1% of all directors were female.
25.7% of all director appointments in Truro in the first quarter of 2015 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 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage SUNSAVE 2.84% CONSULTING 5.23% BARS 2.60% MANAGEMENT 4.56% PARITY 2.49% CONSULTANCY 3.62% SELF 1.30% PROPERTY 2.72% TRURO 1.18% CONSTRUCTION 2.19% MANAGEMENT 1.07% CARE 2.13% WEST 1.07% ENGINEERING 2.12% SOUTH 0.83% LONDON 1.91% STORE 0.83% TRADING 1.88% (CORNWALL) 0.83% TRANSPORT 1.82% CONSTRUCTION 0.83% ELECTRICAL 1.76% CORNWALL 0.83% DESIGN 1.65% FARM 0.83% PROPERTIES 1.63% STORAGE 0.71% CO., 1.58% (TRURO) 0.71% J 1.55% PROPERTIES 0.71% CONSULTANTS 1.54% CONSULTING 0.71% BUSINESS 1.49% PROPERTY 0.71% INVESTMENTS 1.49% MARINE 0.59% GLOBAL 1.46% DESIGN 0.59% ASSOCIATES 1.44% ENGINEERING 0.59% DEVELOPMENTS 1.36% (LONDON 0.59% BUILDING 1.31% HOLDINGS 0.59% IT 1.30% CONSULTANCY 0.59% MEDIA 1.28% CITY 0.59% M 1.27%
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 177 288,953 35110 - Production of electricity 80 2,602 99999 - Dormant Company 53 49,474 74909 - Other professional, scientific and technical activities not elsewhere classified 35 19,098 70229 - Management consultancy activities other than financial management 31 43,081 41100 - Development of building projects 23 11,863 96090 - Other service activities not elsewhere classified 22 29,218 82990 - Other business support service activities not elsewhere classified 19 58,522 86900 - Other human health activities 18 13,990 62090 - Other information technology service activities 15 12,862 62020 - Information technology consultancy activities 14 30,825 74990 - Non-trading company 14 13,794 56101 - Licensed restaurants 12 8,909 62012 - Business and domestic software development 11 9,651 58190 - Other publishing activities 11 2,614 71129 - Other engineering activities 10 6,278 56302 - Public houses and bars 10 6,355 47910 - Retail sale via mail order houses or via Internet 10 10,200 98000 - Residents property management 10 5,308 41202 - Construction of domestic buildings 10 7,797
Recent Companies
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Randomly selected companies from this quarter
reports
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