Barrow-In-Furness, Cumbria
2014 Annual Business Confidence Report
Contents
New Company Registrations
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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.
Year Barrow-In-Furness UK 2014 292 582,051 2013 304 529,363 2012 245 491,893 2011 235 452,870 2010 193 400,358 Record Year 2013 (304) 2014 (582,051) New Companies by Year
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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-Furness UK 2014 143 281,320 2013 148 259,931 % change -3.4% 8.2% Record Year 2013 (148) 2014 (281,320) New Companies by Half Year
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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-Furness UK 2014 69 137,906 2013 78 127,247 % change -11.5% 8.4% Record Year 2013 (78) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 26 24 19 New companies in 2013 31 26 21 % change -16.1% -7.7% -9.5% Record Year 2013 (31) 2013 (26) 2013 (21)
Closed Companies (dissolved)
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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.
Year Barrow-In-Furness UK 2014 190 367,937 2013 170 332,213 2012 165 293,729 2011 169 314,524 2010 190 342,233 Record Year 2009 (210) 2009 (533,789) Dissolved Companies by Year
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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-Furness UK 2014 93 190,730 2013 96 177,021 % change -3.1% 7.7% Record Year 2009 (127) 2009 (244,544) Dissolved Companies by Half Year
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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-Furness UK 2014 43 89,060 2013 50 90,851 % change -14.0% -2.0% Record Year 2009 (71) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 5 18 20 Closed companies in 2013 12 15 23 % change -58.3% 20.0% -13% Record Year 2009 (17) 2009 (25) 2009 (29)
Net Company Growth
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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.
Year Barrow-In-Furness UK 2014 102 214,114 2013 134 197,150 2012 80 198,164 2011 66 138,346 2010 3 58,125 Record Year 2007 (226) 2007 (237,353) Net Growth by Year
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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-Furness UK 2014 50 90,590 2013 52 82,910 Record Year 2003 (130) 2003 (117,772) Net Growth by Half Year
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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-Furness UK 2014 26 48,846 2013 28 36,396 Record Year 2007 (31) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 21 6 -1 Net growth in 2013 19 11 -2 Record Year 2002 (24) 2003 (15) 2003 (14)
UK Company Share
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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.
Year Barrow-In-Furness 2014 0.1% 2013 0.1% 2012 0.0% 2011 0.1% 2010 0.0% Record Year (since 1960) 2002 (0.1%) Company Share by Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2002 (0.1%) Company Share by Half Year
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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 2014 0.1% 2013 0.1% 2012 0.0% 2011 0.0% 2010 0.1% Record Year (since 1960) 2002 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.0% 0.1% 0.0% UK formation share in 2013 0.1% 0.1% 0.1% % change -20.2% -12.3% -22.6% Record Year 2002 (0.1%) 2002 (0.1%) 2003 (0.1%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 2.88% CONSULTING 5.22% (BARROW) 2.69% MANAGEMENT 4.58% CUMBRIA 2.50% CONSULTANCY 3.57% OFFSHORE 1.73% PROPERTY 2.66% (NW) 1.34% CONSTRUCTION 2.12% MANAGEMENT 1.34% ENGINEERING 2.10% ELECTRICAL 1.15% CARE 2.02% DESIGN 1.15% TRADING 1.94% CONSULTANCY 0.77% LONDON 1.93% STREET 0.77% TRANSPORT 1.93% D 0.77% DESIGN 1.66% SOUTH 0.77% CONSULTANTS 1.64% ENERGY 0.77% ELECTRICAL 1.62% R 0.77% PROPERTIES 1.62% PLANNING 0.77% BUSINESS 1.56% L 0.77% J 1.54% DAVID 0.77% CO., 1.50% C.I.C. 0.77% GLOBAL 1.49% WELDING 0.77% INVESTMENTS 1.48% MARKETING 0.58% ASSOCIATES 1.47% CONSULTANTS 0.58% DEVELOPMENTS 1.35% BARROW 0.58% MEDIA 1.33% INSPECTION 0.58% IT 1.31% HOUSE 0.58% BUILDING 1.29% FURNESS 0.58% M 1.22%
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 113 265,608 82990 - Other business support service activities not elsewhere classified 76 58,068 71129 - Other engineering activities 38 6,132 74909 - Other professional, scientific and technical activities not elsewhere classified 32 19,049 70229 - Management consultancy activities other than financial management 25 42,290 62090 - Other information technology service activities 18 12,837 43999 - Other specialised construction activities not elsewhere classified 15 8,761 43210 - Electrical installation 12 5,985 96090 - Other service activities not elsewhere classified 11 29,009 99999 - Dormant Company 10 48,509 62020 - Information technology consultancy activities 8 30,178 42990 - Construction of other civil engineering projects not elsewhere classified 8 2,701 56302 - Public houses and bars 8 6,285 43390 - Other building completion and finishing 7 5,931 96020 - Hairdressing and other beauty treatment 7 6,742 41100 - Development of building projects 6 11,397 85590 - Other education not elsewhere classified 4 6,206 71122 - Engineering related scientific and technical consulting activities 4 3,184 71121 - Engineering design activities for industrial process and production 4 1,600 45200 - Maintenance and repair of motor vehicles 4 5,425
Recent Companies
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Randomly selected companies from this quarter
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