Cumbria
2012 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2012)
A total of 1,966 companies were formed in Cumbria in 2012. This total is 5.4% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Cumbria UK 2012 1,966 491,893 2011 1,866 452,870 2010 1,665 400,358 2009 1,522 362,675 2008 1,531 349,203 Record Year 2003 (2,746) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 947 companies were formed in Cumbria. This figure is 6.8% higher than last year, which compares well to the UK wide figure of 6.5%.
The highest total for a second half year in Cumbria occurred in 2002 when a total of 1,389 were formed.
Half Year (Jul-Dec) Cumbria UK 2012 947 238,743 2011 887 224,135 % change 6.8% 6.5% Record Year 2002 (1,389) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 459 companies were registered in Cumbria during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 15.0% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Cumbria UK 2012 459 119,875 2011 399 109,623 % change 15.0% 9.4% Record Year 2002 (659) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
New Companies by Month
October November December New companies in 2012 204 141 114 New companies in 2011 148 145 106 % change 37.8% -2.8% 7.5% Record Year 2002 (259) 2002 (217) 2002 (183)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 1,184 companies were dissolved in Cumbria in 2012. This total is 6.0% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Cumbria UK 2012 1,184 293,728 2011 1,259 314,524 2010 1,413 342,233 2009 1,767 533,787 2008 911 237,873 Record Year 2009 (1,767) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 581 companies were dissolved in Cumbria. This figure is 13.5% lower than last year, which compares well to the UK wide change of -4.1%.
The highest total for a second half year in Cumbria occurred in 2009 when a total of 1,064 were closed.
Half Year (Jul-Dec) Cumbria UK 2012 581 145,934 2011 672 152,213 % change -13.5% -4.1% Record Year 2009 (1,064) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 283 companies were dissolved in Cumbria during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 20.5% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Cumbria UK 2012 283 70,026 2011 356 79,983 % change -20.5% -12.4% Record Year 2009 (541) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Dissolved Companies by Month
October November December Closed companies in 2012 124 116 43 Closed companies in 2011 96 133 127 % change 29.2% -12.8% -66% Record Year 2009 (183) 2009 (157) 2009 (201)
Net Company Growth
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Annual Data (2012)
A total of 782 companies were added to the company register for Cumbria in 2012. This number represents growth of 41.9% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 175 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Cumbria company register grew by 2,329 companies.
Year Cumbria UK 2012 782 198,165 2011 607 138,346 2010 252 58,125 2009 -245 -171,112 2008 620 111,330 Record Year 2003 (2,329) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Cumbria increased by 366 companies.
Half Year (Jul-Dec) Cumbria UK 2012 366 92,809 2011 215 71,922 Record Year 2002 (1,169) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Cumbria during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 176 companies.
fourth quarter (Oct 2012 - Dec 2012) Cumbria UK 2012 176 49,849 2011 43 29,640 Record Year 2002 (562) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 80 25 71 Net growth in 2011 52 12 -21 Record Year 2002 (227) 2002 (177) 2002 (158)
UK Company Share
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Annual Data (2012)
In 2012 Cumbria formed 0.4% of all UK companies. This is no change on 2011 when Cumbria was responsible for 0.4% of all UK companies.
Year Cumbria 2012 0.4% 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% Record Year (since 1960) 2002 (0.7%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Cumbria formed 0.4% of all UK companies. This is the same as the 2011 figure of 0.4%.
Half Year (Jul-Dec) Cumbria 2012 0.4% 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% Record Year (since 1960) 2002 (0.9%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Cumbria formed 0.4% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Cumbria 2012 0.4% 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% Record Year (since 1960) 2002 (0.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.4% 0.3% 0.4% UK formation share in 2011 0.4% 0.4% 0.3% % change 15.8% -7.5% 4.7% Record Year 1962 (0.9%) 1969 (0.8%) 2002 (0.8%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 46.1.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 45.6.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 7.2% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 45.6.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Cumbria was 1860 when 35.7% of all directors were female.
The percentage of female directors in Cumbria in 2012 was 40.7%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Cumbria was 1860 when 42.9% of all directors were female.
31.5% of all director appointments in Cumbria in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Cumbria was in 1977 when 31.2% of all directors were female.
32.6% of all director appointments in Cumbria in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 2.76% CONSULTING 5.15% (CUMBRIA) 2.36% MANAGEMENT 4.78% CUMBRIA 1.80% CONSULTANCY 3.31% MANAGEMENT 1.80% PROPERTY 2.40% J 1.07% TRADING 2.03% CONSULTANCY 0.99% DESIGN 1.86% CONSULTING 0.96% ASSOCIATES 1.82% PROPERTY 0.92% ENGINEERING 1.79% DESIGN 0.88% BUSINESS 1.76% M 0.85% CONSULTANTS 1.75% D 0.85% CONSTRUCTION 1.69% ELECTRICAL 0.85% LONDON 1.69% PROJECT 0.77% MEDIA 1.69% HOUSE 0.74% GLOBAL 1.59% TECHNICAL 0.70% J 1.57% G 0.66% INVESTMENTS 1.46% DEVELOPMENTS 0.63% IT 1.43% PROJECTS 0.63% CARE 1.39% TRAINING 0.63% PROPERTIES 1.34% C 0.63% M 1.26% PROPERTIES 0.59% BUILDING 1.23% P 0.59% ENTERPRISES 1.21% HOME 0.55% TRAINING 1.18% COMMUNITY 0.55% ELECTRICAL 1.17% LAKES 0.55% SECURITY 1.17%
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 561 236,139 82990 - Other business support service activities not elsewhere classified 200 52,427 99999 - Dormant Company 145 40,648 70229 - Management consultancy activities other than financial management 135 30,396 74909 - Other professional, scientific and technical activities not elsewhere classified 119 15,572 96090 - Other service activities not elsewhere classified 104 22,058 56302 - Public houses and bars 66 4,543 71129 - Other engineering activities 60 3,763 43210 - Electrical installation 53 5,304 43999 - Other specialised construction activities not elsewhere classified 50 6,419 41100 - Development of building projects 47 7,980 71122 - Engineering related scientific and technical consulting activities 43 2,019 62020 - Information technology consultancy activities 41 23,256 62090 - Other information technology service activities 40 12,291 74990 - Non-trading company 39 13,808 69201 - Accounting and auditing activities 37 6,177 56101 - Licensed restaurants 35 6,400 68209 - Other letting and operating of own or leased real estate 34 6,971 43220 - Plumbing, heat and air-conditioning installation 34 4,045 85590 - Other education not elsewhere classified 32 4,677
Recent Companies
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Randomly selected companies from this quarter
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