Barrow-In-Furness, Cumbria

2014 Half Year Business Confidence Report

Headlines

  • May 2014 saw a new record in company closures in Barrow-In-Furness when compared to any previous May.
  • May 2014 was a record month for company closures in Barrow-In-Furness when compared to any month in history.

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 149 companies were formed in Barrow-In-Furness. This figure is 4.5% lower than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Barrow-In-Furness occurred in 2007 when a total of 197 were formed.

    Half Year (Jan-Jun)Barrow-In-FurnessUK
    2014149300,731
    2013156269,432
    % change-4.5%11.6%
    Record Year2007 (197)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 78 companies were registered in Barrow-In-Furness during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 11.4% versus the same period last year (Q2 2013). This figure compares badly 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)Barrow-In-FurnessUK
    201478150,009
    201388134,630
    % change-11.4%11.4%
    Record Year 2013 (88) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    New Companies by Month
    AprilMayJune
    New companies in 2014292722
    New companies in 2013233431
    % change26.1%-20.6%-29.0%
    Record Year2007 (38)2013 (34)2013 (31)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 97 companies were dissolved in Barrow-In-Furness. This figure is 31.1% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Barrow-In-Furness occurred in 2010 when a total of 100 were closed.

    Half Year (Jan-Jun)Barrow-In-FurnessUK
    201497177,207
    201374155,192
    % change31.1%14.2%
    Record Year2010 (100)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 65 companies were dissolved in Barrow-In-Furness during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 58.5% 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)Barrow-In-FurnessUK
    20146594,837
    20134177,278
    % change58.5%22.7%
    Record Year 2014 (65) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    May 2014 saw a new record in company closures in Barrow-In-Furness when compared to any previous May.

    May 2014 was a record month for company closures in Barrow-In-Furness when compared to any month in history.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014143120
    Closed companies in 2013151412
    % change-6.7%121.4%67%
    Record Year2010 (16)2014 (31)2010 (21)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Barrow-In-Furness increased by 52 companies.

    Half Year (Jan-Jun)Barrow-In-FurnessUK
    201452123,524
    201382114,240
    Record Year2007 (163)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Barrow-In-Furness during the second quarter of 2014 (Apr 2014 - Jun 2014) was 13 companies.

    second quarter (Apr 2014 - Jun 2014)Barrow-In-FurnessUK
    20141355,172
    20134757,352
    Record Year 2007 (68) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201415-42
    Net growth in 201382019
    Record Year2007 (33)2007 (22)2002 (23)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Barrow-In-Furness formed 0.0% of all UK companies. This is less than the 2013 figure of 0.1%.

    Half Year (Jan-Jun)Barrow-In-Furness
    20140.0%
    20130.1%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2007 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Barrow-In-Furness formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Barrow-In-Furness
    20140.1%
    20130.1%
    20120.0%
    20110.1%
    20100.1%
    Record Year (since 1960) 2007 (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%0.0%
    UK formation share in 20130.0%0.1%0.1%
    % change13.8%-26.6%-38.5%
    Record Year2007 (0.1%)2007 (0.1%)2002 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 45.8.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.1% 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 47.4.

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 1.4% 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 Barrow-In-Furness was 2008 when 37.8% of all directors were female.

    32.1% of all director appointments in Barrow-In-Furness 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 Barrow-In-Furness was in 2008 when 42.1% of all directors were female.

    28.7% of all director appointments in Barrow-In-Furness 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
    ENGINEERING4.68%CONSULTING5.16%
    (BARROW)3.31%MANAGEMENT4.64%
    CUMBRIA1.56%CONSULTANCY3.50%
    BARROW1.56%PROPERTY2.66%
    MANAGEMENT1.56%TRADING2.03%
    FURNESS1.36%ENGINEERING1.99%
    OFFSHORE1.36%CONSTRUCTION1.93%
    (NW)1.17%LONDON1.93%
    R1.17%CARE1.85%
    M1.17%DESIGN1.75%
    ELECTRICAL0.97%CONSULTANTS1.73%
    L0.97%BUSINESS1.69%
    CONSULTING0.97%PROPERTIES1.63%
    PROPERTY0.97%TRANSPORT1.58%
    J0.97%GLOBAL1.55%
    D0.97%INVESTMENTS1.55%
    SAFETY0.78%J1.51%
    DESIGN0.78%ASSOCIATES1.48%
    IT0.58%MEDIA1.44%
    CENTRE0.58%ELECTRICAL1.40%
    PROJECTS0.58%IT1.33%
    INSPECTION0.58%DEVELOPMENTS1.33%
    NORTHERN0.58%BUILDING1.26%
    DEVELOPMENTS0.58%M1.24%
    K0.58%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied108261,557
    82990 - Other business support service activities not elsewhere classified6857,421
    71129 - Other engineering activities285,787
    70229 - Management consultancy activities other than financial management2440,250
    74909 - Other professional, scientific and technical activities not elsewhere classified2119,058
    62090 - Other information technology service activities1713,024
    96090 - Other service activities not elsewhere classified1328,352
    43210 - Electrical installation136,050
    43999 - Other specialised construction activities not elsewhere classified128,533
    56302 - Public houses and bars106,099
    99999 - Dormant Company948,436
    56103 - Take-away food shops and mobile food stands67,840
    62020 - Information technology consultancy activities629,029
    42990 - Construction of other civil engineering projects not elsewhere classified62,638
    71122 - Engineering related scientific and technical consulting activities63,165
    74100 - specialised design activities54,703
    71200 - Technical testing and analysis51,032
    71121 - Engineering design activities for industrial process and production51,552
    45200 - Maintenance and repair of motor vehicles55,375
    63990 - Other information service activities not elsewhere classified56,099

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09035428 ACCOUNTANT4ALL LTD 12 May 2014
    09043434 SKITVEEN LIMITED 16 May 2014
    09054578 RMC PROPERTY MAINTENANCE LTD 23 May 2014
    09058523 GC & N STORES LTD 27 May 2014
    09064160 DIRECT OFFSHORE CONSULTING LIMITED 30 May 2014
    09064274 DSS OFFSHORE LIMITED 30 May 2014
    09021088 BARROW BLUEBIRDS LIMITED 01 May 2014
    09022209 RAYZAY LIMITED 01 May 2014
    09031401 ROGH LIMITED 09 May 2014
    09034844 AD BUILD LTD 12 May 2014
    09034948 K P CLINICAL SERVICES LIMITED 12 May 2014
    09037083 MICK CORRAN LIMITED 13 May 2014
    09037564 DAVID OGILIVIE LIMITED 13 May 2014
    09047159 ANDETECH ENGINEERING LIMITED 19 May 2014
    09049373 WP ROOFING (NW) LIMITED 21 May 2014
    09050937 LOW MOOR 1964 LIMITED 21 May 2014
    09051215 SILLOTH 1958 LIMITED 21 May 2014
    09051635 JIMBEEF LIMITED 22 May 2014
    09051649 XER PLANNING SERVICES LIMITED 22 May 2014
    09052011 ROVTECH SYSTEMS LIMITED 22 May 2014
    09054072 APPLEDORE LTD 23 May 2014
    09056906 JALSAM SOLUTIONS LTD 27 May 2014
    09061668 KP WALKER LTD 29 May 2014
    09062564 ENGINEERING SOLUTIONS MANAGEMENT LTD 29 May 2014
    09062879 SWALKER QS SERVICES LIMITED 30 May 2014

reports

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