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

  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 (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)TruroUK
    2015119161,156
    2014128150,722
    % change-7.0%6.9%
    Record Year 2013 (154) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2015454331
    New companies in 2014385040
    % change18.4%-14.0%-22.5%
    Record Year2015 (45)2014 (50)2003 (67)

Closed Companies (dissolved)

  1. 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)TruroUK
    20156289,523
    20146382,370
    % change-1.6%8.7%
    Record Year 2012 (83) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015132227
    Closed companies in 2014192024
    % change-31.6%10.0%13%
    Record Year2006 (42)2006 (24)2009 (40)

Net Company Growth

  1. 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)TruroUK
    20155771,633
    20146568,352
    Record Year 2013 (126) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201532214
    Net growth in 2014193016
    Record Year2013 (34)2013 (40)2013 (52)

UK Company Share

  1. 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
    20150.1%
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    Record Year (since 1960) 2003 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.1%0.1%0.1%
    UK formation share in 20140.1%0.1%0.1%
    % change16.2%-20.8%-29.4%
    Record Year1997 (0.2%)2003 (0.1%)2003 (0.2%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    SUNSAVE2.84%CONSULTING5.23%
    BARS2.60%MANAGEMENT4.56%
    PARITY2.49%CONSULTANCY3.62%
    SELF1.30%PROPERTY2.72%
    TRURO1.18%CONSTRUCTION2.19%
    MANAGEMENT1.07%CARE2.13%
    WEST1.07%ENGINEERING2.12%
    SOUTH0.83%LONDON1.91%
    STORE0.83%TRADING1.88%
    (CORNWALL)0.83%TRANSPORT1.82%
    CONSTRUCTION0.83%ELECTRICAL1.76%
    CORNWALL0.83%DESIGN1.65%
    FARM0.83%PROPERTIES1.63%
    STORAGE0.71%CO.,1.58%
    (TRURO)0.71%J1.55%
    PROPERTIES0.71%CONSULTANTS1.54%
    CONSULTING0.71%BUSINESS1.49%
    PROPERTY0.71%INVESTMENTS1.49%
    MARINE0.59%GLOBAL1.46%
    DESIGN0.59%ASSOCIATES1.44%
    ENGINEERING0.59%DEVELOPMENTS1.36%
    (LONDON0.59%BUILDING1.31%
    HOLDINGS0.59%IT1.30%
    CONSULTANCY0.59%MEDIA1.28%
    CITY0.59%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied177288,953
    35110 - Production of electricity802,602
    99999 - Dormant Company5349,474
    74909 - Other professional, scientific and technical activities not elsewhere classified3519,098
    70229 - Management consultancy activities other than financial management3143,081
    41100 - Development of building projects2311,863
    96090 - Other service activities not elsewhere classified2229,218
    82990 - Other business support service activities not elsewhere classified1958,522
    86900 - Other human health activities1813,990
    62090 - Other information technology service activities1512,862
    62020 - Information technology consultancy activities1430,825
    74990 - Non-trading company1413,794
    56101 - Licensed restaurants128,909
    62012 - Business and domestic software development119,651
    58190 - Other publishing activities112,614
    71129 - Other engineering activities106,278
    56302 - Public houses and bars106,355
    47910 - Retail sale via mail order houses or via Internet1010,200
    98000 - Residents property management105,308
    41202 - Construction of domestic buildings107,797

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09421187 LANDER PROFESSIONAL SERVICES LTD 04 Feb 2015
    09423459 BRUNEL QUAYS ESTATE COMPANY LIMITED 05 Feb 2015
    09424248 CAPE BUILDING CONSULTANTS LIMITED 05 Feb 2015
    09425899 MARINE PROTECTIVE COATINGS LTD 06 Feb 2015
    09425919 NANCARROW KITCHEN LIMITED 06 Feb 2015
    09432556 FIRE FOCUS LIMITED 10 Feb 2015
    09433161 RICHARD BURTON WINDOW SOLUTIONS LTD 11 Feb 2015
    09434153 NEWQUAY AIRPORT TAXIS LTD 11 Feb 2015
    09442221 THE HAPPY SEVEN LIMITED 16 Feb 2015
    09446610 ROSS MARTIN LIMITED 18 Feb 2015
    09448257 ADS-SMART LIMITED 19 Feb 2015
    09449233 TRURO RUGBY FOOTBALL CLUB LIMITED 19 Feb 2015
    09451909 BRIBECK LTD 21 Feb 2015
    09452810 COUNCIL TAX ADVISERS LTD 23 Feb 2015
    09453638 FIXER LINEN SERVICES LIMITED 23 Feb 2015
    09460281 BAZBO LIMITED 26 Feb 2015
    09430821 SHIELDS SECURITY & MAINTENANCE LTD 10 Feb 2015
    09463488 MADAXEMAN TOOLS LTD 27 Feb 2015
    09445300 GOLDEN DEAL 2014 LTD 18 Feb 2015
    09425142 PETER HAWKEY LIMITED 05 Feb 2015
    09437952 IMPINGO LIMITED 13 Feb 2015
    09439960 FAY PAGE LIMITED 13 Feb 2015
    09443687 SAPIENCE HR LTD 17 Feb 2015
    09451612 FOURTEEN 10 LIMITED 20 Feb 2015
    09457006 YUGAIN LTD 24 Feb 2015