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
New Company Registrations
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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-Furness UK 2014 149 300,731 2013 156 269,432 % change -4.5% 11.6% Record Year 2007 (197) 2014 (300,731) New Companies by Half Year
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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-Furness UK 2014 78 150,009 2013 88 134,630 % change -11.4% 11.4% Record Year 2013 (88) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
New Companies by Month
April May June New companies in 2014 29 27 22 New companies in 2013 23 34 31 % change 26.1% -20.6% -29.0% Record Year 2007 (38) 2013 (34) 2013 (31)
Closed Companies (dissolved)
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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-Furness UK 2014 97 177,207 2013 74 155,192 % change 31.1% 14.2% Record Year 2010 (100) 2009 (289,245) Dissolved Companies by Half Year
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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-Furness UK 2014 65 94,837 2013 41 77,278 % change 58.5% 22.7% Record Year 2014 (65) 2009 (181,179) Dissolved Companies by Quarter
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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
April May June Closed companies in 2014 14 31 20 Closed companies in 2013 15 14 12 % change -6.7% 121.4% 67% Record Year 2010 (16) 2014 (31) 2010 (21)
Net Company Growth
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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-Furness UK 2014 52 123,524 2013 82 114,240 Record Year 2007 (163) 2007 (171,296) Net Growth by Half Year
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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-Furness UK 2014 13 55,172 2013 47 57,352 Record Year 2007 (68) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 15 -4 2 Net growth in 2013 8 20 19 Record Year 2007 (33) 2007 (22) 2002 (23)
UK Company Share
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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 2014 0.0% 2013 0.1% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 2007 (0.1%) Company Share by Half Year
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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 2014 0.1% 2013 0.1% 2012 0.0% 2011 0.1% 2010 0.1% Record Year (since 1960) 2007 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.1% 0.1% 0.0% UK formation share in 2013 0.0% 0.1% 0.1% % change 13.8% -26.6% -38.5% Record Year 2007 (0.1%) 2007 (0.1%) 2002 (0.1%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 4.68% CONSULTING 5.16% (BARROW) 3.31% MANAGEMENT 4.64% CUMBRIA 1.56% CONSULTANCY 3.50% BARROW 1.56% PROPERTY 2.66% MANAGEMENT 1.56% TRADING 2.03% FURNESS 1.36% ENGINEERING 1.99% OFFSHORE 1.36% CONSTRUCTION 1.93% (NW) 1.17% LONDON 1.93% R 1.17% CARE 1.85% M 1.17% DESIGN 1.75% ELECTRICAL 0.97% CONSULTANTS 1.73% L 0.97% BUSINESS 1.69% CONSULTING 0.97% PROPERTIES 1.63% PROPERTY 0.97% TRANSPORT 1.58% J 0.97% GLOBAL 1.55% D 0.97% INVESTMENTS 1.55% SAFETY 0.78% J 1.51% DESIGN 0.78% ASSOCIATES 1.48% IT 0.58% MEDIA 1.44% CENTRE 0.58% ELECTRICAL 1.40% PROJECTS 0.58% IT 1.33% INSPECTION 0.58% DEVELOPMENTS 1.33% NORTHERN 0.58% BUILDING 1.26% DEVELOPMENTS 0.58% M 1.24% K 0.58% CO., 1.20%
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 108 261,557 82990 - Other business support service activities not elsewhere classified 68 57,421 71129 - Other engineering activities 28 5,787 70229 - Management consultancy activities other than financial management 24 40,250 74909 - Other professional, scientific and technical activities not elsewhere classified 21 19,058 62090 - Other information technology service activities 17 13,024 96090 - Other service activities not elsewhere classified 13 28,352 43210 - Electrical installation 13 6,050 43999 - Other specialised construction activities not elsewhere classified 12 8,533 56302 - Public houses and bars 10 6,099 99999 - Dormant Company 9 48,436 56103 - Take-away food shops and mobile food stands 6 7,840 62020 - Information technology consultancy activities 6 29,029 42990 - Construction of other civil engineering projects not elsewhere classified 6 2,638 71122 - Engineering related scientific and technical consulting activities 6 3,165 74100 - specialised design activities 5 4,703 71200 - Technical testing and analysis 5 1,032 71121 - Engineering design activities for industrial process and production 5 1,552 45200 - Maintenance and repair of motor vehicles 5 5,375 63990 - Other information service activities not elsewhere classified 5 6,099
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08982551 JONES FIELD ENGINEERING SERVICES LIMITED 07 Apr 2014 08985325 IDOMAINZ LTD 08 Apr 2014 08992185 RT (BARROW) LTD 11 Apr 2014 08999282 EMINENT IT LTD 16 Apr 2014 09002521 DMC INSPECTION LTD 17 Apr 2014 09004607 EWE CAN ACADEMY LTD 22 Apr 2014 09011722 D D SMITH JOINERY LIMITED 25 Apr 2014 09019374 FRAZER DEVELOPMENTS LTD 30 Apr 2014 08969729 PREMIER HAIRDRESSING (LEEDS) LIMITED 01 Apr 2014 08982101 SEATOLLER ELECTRICAL LIMITED 07 Apr 2014 08982422 BRIDGE ELECTRICAL (BARROW) LIMITED 07 Apr 2014 08989765 DJH ASSOCIATES LTD 10 Apr 2014 08990008 ANGLIA RENOVATIONS LIMITED 10 Apr 2014 08993924 CQI INSPECTION LIMITED 14 Apr 2014 08996183 KR MACPHERSON ELECTRICAL LIMITED 14 Apr 2014 09002074 HOUSE OF ANDERSON (1905) LIMITED 17 Apr 2014 09002163 PURPLE PENGUIN SOLUTIONS LTD 17 Apr 2014 09002826 TECHLAB REPAIRS LIMITED 17 Apr 2014 09003643 CURTIS PROJECTS LIMITED 22 Apr 2014 09008344 SIMPLY WALLART LIMITED 23 Apr 2014 09011778 JMORROW LTD 25 Apr 2014 09012209 C9 ENGINEERING LTD 25 Apr 2014 09013614 KYDAN LTD 28 Apr 2014 09013658 JV DESIGN LTD 28 Apr 2014 09013944 FABMET LTD 28 Apr 2014
reports
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2014
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