Barrow-In-Furness, Cumbria

2014 Annual Business Confidence Report

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. Annual Data (2014)

    A total of 292 companies were formed in Barrow-In-Furness in 2014. This total is 3.9% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearBarrow-In-FurnessUK
    2014292582,051
    2013304529,363
    2012245491,893
    2011235452,870
    2010193400,358
    Record Year2013 (304)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 143 companies were formed in Barrow-In-Furness. This figure is 3.4% lower than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Barrow-In-Furness occurred in 2013 when a total of 148 were formed.

    Half Year (Jul-Dec)Barrow-In-FurnessUK
    2014143281,320
    2013148259,931
    % change-3.4%8.2%
    Record Year2013 (148)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 69 companies were registered in Barrow-In-Furness during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 11.5% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)Barrow-In-FurnessUK
    201469137,906
    201378127,247
    % change-11.5%8.4%
    Record Year 2013 (78) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014262419
    New companies in 2013312621
    % change-16.1%-7.7%-9.5%
    Record Year2013 (31)2013 (26)2013 (21)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 190 companies were dissolved in Barrow-In-Furness in 2014. This total is 11.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearBarrow-In-FurnessUK
    2014190367,937
    2013170332,213
    2012165293,729
    2011169314,524
    2010190342,233
    Record Year2009 (210)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 93 companies were dissolved in Barrow-In-Furness. This figure is 3.1% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Barrow-In-Furness occurred in 2009 when a total of 127 were closed.

    Half Year (Jul-Dec)Barrow-In-FurnessUK
    201493190,730
    201396177,021
    % change-3.1%7.7%
    Record Year2009 (127)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 43 companies were dissolved in Barrow-In-Furness during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 14.0% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)Barrow-In-FurnessUK
    20144389,060
    20135090,851
    % change-14.0%-2.0%
    Record Year 2009 (71) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201451820
    Closed companies in 2013121523
    % change-58.3%20.0%-13%
    Record Year2009 (17)2009 (25)2009 (29)

Net Company Growth

  1. Annual Data (2014)

    A total of 102 companies were added to the company register for Barrow-In-Furness in 2014. This number represents growth of 34.9% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 32 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Barrow-In-Furness company register grew by 226 companies.

    YearBarrow-In-FurnessUK
    2014102214,114
    2013134197,150
    201280198,164
    201166138,346
    2010358,125
    Record Year2007 (226)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Barrow-In-Furness increased by 50 companies.

    Half Year (Jul-Dec)Barrow-In-FurnessUK
    20145090,590
    20135282,910
    Record Year2003 (130)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Barrow-In-Furness during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 26 companies.

    fourth quarter (Oct 2014 - Dec 2014)Barrow-In-FurnessUK
    20142648,846
    20132836,396
    Record Year 2007 (31) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014216-1
    Net growth in 20131911-2
    Record Year2002 (24)2003 (15)2003 (14)

UK Company Share

  1. Annual Data (2014)

    In 2014 Barrow-In-Furness formed 0.1% of all UK companies. This is no change on 2013 when Barrow-In-Furness was responsible for 0.1% of all UK companies.

    YearBarrow-In-Furness
    20140.1%
    20130.1%
    20120.0%
    20110.1%
    20100.0%
    Record Year (since 1960)2002 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Barrow-In-Furness formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Barrow-In-Furness
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2002 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Barrow-In-Furness
    20140.1%
    20130.1%
    20120.0%
    20110.0%
    20100.1%
    Record Year (since 1960) 2002 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.1%0.0%
    UK formation share in 20130.1%0.1%0.1%
    % change-20.2%-12.3%-22.6%
    Record Year2002 (0.1%)2002 (0.1%)2003 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 45.0.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 44.0.

    The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 44.6.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Barrow-In-Furness was 1989 when 50.0% of all directors were female.

    The percentage of female directors in Barrow-In-Furness in 2014 was 27.4%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Barrow-In-Furness was 2007 when 34.8% of all directors were female.

    22.0% of all director appointments in Barrow-In-Furness in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Barrow-In-Furness was in 2006 when 34.1% of all directors were female.

    18.3% of all director appointments in Barrow-In-Furness in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    ENGINEERING2.88%CONSULTING5.22%
    (BARROW)2.69%MANAGEMENT4.58%
    CUMBRIA2.50%CONSULTANCY3.57%
    OFFSHORE1.73%PROPERTY2.66%
    (NW)1.34%CONSTRUCTION2.12%
    MANAGEMENT1.34%ENGINEERING2.10%
    ELECTRICAL1.15%CARE2.02%
    DESIGN1.15%TRADING1.94%
    CONSULTANCY0.77%LONDON1.93%
    STREET0.77%TRANSPORT1.93%
    D0.77%DESIGN1.66%
    SOUTH0.77%CONSULTANTS1.64%
    ENERGY0.77%ELECTRICAL1.62%
    R0.77%PROPERTIES1.62%
    PLANNING0.77%BUSINESS1.56%
    L0.77%J1.54%
    DAVID0.77%CO.,1.50%
    C.I.C.0.77%GLOBAL1.49%
    WELDING0.77%INVESTMENTS1.48%
    MARKETING0.58%ASSOCIATES1.47%
    CONSULTANTS0.58%DEVELOPMENTS1.35%
    BARROW0.58%MEDIA1.33%
    INSPECTION0.58%IT1.31%
    HOUSE0.58%BUILDING1.29%
    FURNESS0.58%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied113265,608
    82990 - Other business support service activities not elsewhere classified7658,068
    71129 - Other engineering activities386,132
    74909 - Other professional, scientific and technical activities not elsewhere classified3219,049
    70229 - Management consultancy activities other than financial management2542,290
    62090 - Other information technology service activities1812,837
    43999 - Other specialised construction activities not elsewhere classified158,761
    43210 - Electrical installation125,985
    96090 - Other service activities not elsewhere classified1129,009
    99999 - Dormant Company1048,509
    62020 - Information technology consultancy activities830,178
    42990 - Construction of other civil engineering projects not elsewhere classified82,701
    56302 - Public houses and bars86,285
    43390 - Other building completion and finishing75,931
    96020 - Hairdressing and other beauty treatment76,742
    41100 - Development of building projects611,397
    85590 - Other education not elsewhere classified46,206
    71122 - Engineering related scientific and technical consulting activities43,184
    71121 - Engineering design activities for industrial process and production41,600
    45200 - Maintenance and repair of motor vehicles45,425

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09338422 KSHM INSPECTION LIMITED 03 Dec 2014
    09349960 CURFEW FIRE LIMITED 10 Dec 2014
    09351031 RIG MANAGEMENT SERVICES LIMITED 11 Dec 2014
    09356713 OAKWOOD ACCOUNTING SERVICES LTD 16 Dec 2014
    09368105 CUMBRIA FARM FRESH LTD 29 Dec 2014
    09368820 ROOSEM LTD 29 Dec 2014
    09338430 JML ENERGY SOLUTIONS LIMITED 03 Dec 2014
    09344103 NORTH WEST CHASSIS SERVICES LTD 08 Dec 2014
    09344142 WINDOW WORX LTD 08 Dec 2014
    09344257 BERLIN EXCLUSIVE GUEST, TRAVEL & EVENT MANAGEMENT SERVICES LTD 08 Dec 2014
    09345295 AJR COMPUTER SOLUTIONS LIMITED 08 Dec 2014
    09349591 SWIFT PROGRAMME & PROJECT CONTROLS LTD 10 Dec 2014
    09357089 WILDERNESS RETREATS LIMITED 16 Dec 2014
    09361237 TEEN AUTOS UK LIMITED 18 Dec 2014
    09361571 A BELLS SEAFOOD LIMITED 18 Dec 2014
    09362896 K GREENWAY CONSTRUCTION LTD 19 Dec 2014
    09364247 BARDER DESIGN LTD 22 Dec 2014
    09364574 C&T ENGINEERING SOLUTIONS LIMITED 22 Dec 2014
    09344713 ARMOUR HOME IMPROVEMENTS LIMITED 08 Dec 2014

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