Cumbria

Q1 2014 Business Confidence Report

Headlines

  • January 2014 saw a new record in company registrations in Cumbria when compared to any previous January.
  • January 2014 saw a new record in company registrations in Cumbria when compared to any previous January.
  • January 2014 saw a new record in company registrations in Cumbria when compared to any previous January.
  • February 2014 saw a new record in company closures in Cumbria when compared to any previous February.
  • February 2014 saw a new record in company closures in Cumbria when compared to any previous February.
  • February 2014 saw a new record in company closures in Cumbria when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 645 companies were registered in Cumbria during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 11.6% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CumbriaUK
    2014645150,722
    2013578134,802
    % change11.6%11.8%
    Record Year 2007 (799) 2007 (166,814)
    New Companies by Quarter

    A total of 645 companies were registered in Cumbria during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 11.6% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CumbriaUK
    2014645150,722
    2013578134,802
    % change11.6%11.8%
    Record Year 2007 (799) 2007 (166,814)
    New Companies by Quarter

    A total of 645 companies were registered in Cumbria during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 11.6% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CumbriaUK
    2014645150,722
    2013578134,802
    % change11.6%11.8%
    Record Year 2007 (799) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in company registrations in Cumbria when compared to any previous January.

    January 2014 saw a new record in company registrations in Cumbria when compared to any previous January.

    January 2014 saw a new record in company registrations in Cumbria when compared to any previous January.

    New Companies by Month
    New Companies by Month
    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014196199250
    New companies in 2013175183220
    % change12.0%8.7%13.6%
    Record Year2014 (196)2007 (298)2007 (322)
    JanuaryFebruaryMarch
    New companies in 2014196199250
    New companies in 2013175183220
    % change12.0%8.7%13.6%
    Record Year2014 (196)2007 (298)2007 (322)
    JanuaryFebruaryMarch
    New companies in 2014196199250
    New companies in 2013175183220
    % change12.0%8.7%13.6%
    Record Year2014 (196)2007 (298)2007 (322)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 320 companies were dissolved in Cumbria during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 9.2% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CumbriaUK
    201432082,370
    201329377,914
    % change9.2%5.7%
    Record Year 2010 (399) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 320 companies were dissolved in Cumbria during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 9.2% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CumbriaUK
    201432082,370
    201329377,914
    % change9.2%5.7%
    Record Year 2010 (399) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 320 companies were dissolved in Cumbria during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 9.2% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CumbriaUK
    201432082,370
    201329377,914
    % change9.2%5.7%
    Record Year 2010 (399) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Cumbria when compared to any previous February.

    February 2014 saw a new record in company closures in Cumbria when compared to any previous February.

    February 2014 saw a new record in company closures in Cumbria when compared to any previous February.

    Dissolved Companies by Month
    Dissolved Companies by Month
    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201491122107
    Closed companies in 20131188293
    % change-22.9%48.8%15%
    Record Year2010 (162)2014 (122)2010 (155)
    JanuaryFebruaryMarch
    Closed companies in 201491122107
    Closed companies in 20131188293
    % change-22.9%48.8%15%
    Record Year2010 (162)2014 (122)2010 (155)
    JanuaryFebruaryMarch
    Closed companies in 201491122107
    Closed companies in 20131188293
    % change-22.9%48.8%15%
    Record Year2010 (162)2014 (122)2010 (155)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Cumbria during the first quarter of 2014 (Jan 2014 - Mar 2014) was 325 companies.

    first quarter (Jan 2014 - Mar 2014)CumbriaUK
    201432568,352
    201328556,888
    Record Year 2007 (575) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Cumbria during the first quarter of 2014 (Jan 2014 - Mar 2014) was 325 companies.

    first quarter (Jan 2014 - Mar 2014)CumbriaUK
    201432568,352
    201328556,888
    Record Year 2007 (575) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Cumbria during the first quarter of 2014 (Jan 2014 - Mar 2014) was 325 companies.

    first quarter (Jan 2014 - Mar 2014)CumbriaUK
    201432568,352
    201328556,888
    Record Year 2007 (575) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    Net Growth by Month
    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201410577143
    Net growth in 201357101127
    Record Year2003 (151)2007 (227)2007 (257)
    JanuaryFebruaryMarch
    Net growth in 201410577143
    Net growth in 201357101127
    Record Year2003 (151)2007 (227)2007 (257)
    JanuaryFebruaryMarch
    Net growth in 201410577143
    Net growth in 201357101127
    Record Year2003 (151)2007 (227)2007 (257)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Cumbria formed 0.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Cumbria
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2003 (0.7%)
    Company Share by Quarter

    In the first quarter of 2014, Cumbria formed 0.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Cumbria
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2003 (0.7%)
    Company Share by Quarter

    In the first quarter of 2014, Cumbria formed 0.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Cumbria
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2003 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    Company Share by Month
    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.5%
    % change4.8%0.4%-5.2%
    Record Year2003 (0.6%)2003 (0.7%)2003 (0.7%)
    JanuaryFebruaryMarch
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.5%
    % change4.8%0.4%-5.2%
    Record Year2003 (0.6%)2003 (0.7%)2003 (0.7%)
    JanuaryFebruaryMarch
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.5%
    % change4.8%0.4%-5.2%
    Record Year2003 (0.6%)2003 (0.7%)2003 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 46.9.

    The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.5%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2014 was 46.9.

    The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.5%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2014 was 46.9.

    The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Cumbria was in 2007 when 37.0% of all directors were female.

    33.8% of all director appointments in Cumbria in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

    The record first quarter for female directors in Cumbria was in 2007 when 37.0% of all directors were female.

    33.8% of all director appointments in Cumbria in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

    The record first quarter for female directors in Cumbria was in 2007 when 37.0% of all directors were female.

    33.8% of all director appointments in Cumbria in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    ENGINEERING3.57%CONSULTING5.22%
    CUMBRIA2.65%MANAGEMENT4.67%
    MANAGEMENT1.82%CONSULTANCY3.49%
    (CUMBRIA)1.82%PROPERTY2.64%
    J1.42%TRADING2.05%
    M1.26%LONDON1.88%
    CONSULTING1.22%ENGINEERING1.86%
    ELECTRICAL1.06%CARE1.79%
    PROJECT0.93%CONSTRUCTION1.75%
    CONSULTANTS0.89%DESIGN1.75%
    CONSTRUCTION0.89%CONSULTANTS1.73%
    C0.86%BUSINESS1.71%
    LAKES0.86%PROPERTIES1.60%
    CONSULTANCY0.83%INVESTMENTS1.60%
    TECHNICAL0.79%GLOBAL1.58%
    D0.76%J1.48%
    PROPERTY0.66%ASSOCIATES1.48%
    (BARROW)0.66%MEDIA1.48%
    L0.66%IT1.33%
    R0.66%TRANSPORT1.30%
    DESIGN0.63%DEVELOPMENTS1.29%
    PROPERTIES0.60%BUILDING1.24%
    OFFSHORE0.60%M1.21%
    S0.53%CAPITAL1.20%
    PROJECTS0.53%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    ENGINEERING3.58%CONSULTING5.23%
    CUMBRIA2.65%MANAGEMENT4.69%
    (CUMBRIA)1.82%CONSULTANCY3.49%
    MANAGEMENT1.82%PROPERTY2.64%
    J1.42%TRADING2.05%
    M1.26%LONDON1.90%
    CONSULTING1.23%ENGINEERING1.87%
    ELECTRICAL1.06%CARE1.80%
    PROJECT0.93%CONSTRUCTION1.76%
    CONSULTANTS0.89%DESIGN1.75%
    CONSTRUCTION0.89%CONSULTANTS1.73%
    C0.86%BUSINESS1.71%
    LAKES0.86%PROPERTIES1.60%
    CONSULTANCY0.83%INVESTMENTS1.60%
    TECHNICAL0.79%GLOBAL1.59%
    D0.76%MEDIA1.49%
    (BARROW)0.66%J1.49%
    R0.66%ASSOCIATES1.48%
    L0.66%IT1.34%
    PROPERTY0.63%TRANSPORT1.30%
    DESIGN0.63%DEVELOPMENTS1.29%
    OFFSHORE0.60%BUILDING1.24%
    PROPERTIES0.60%CAPITAL1.21%
    S0.53%M1.21%
    DEVELOPMENTS0.53%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    ENGINEERING3.58%CONSULTING5.23%
    CUMBRIA2.62%MANAGEMENT4.69%
    MANAGEMENT1.82%CONSULTANCY3.49%
    (CUMBRIA)1.82%PROPERTY2.64%
    J1.42%TRADING2.04%
    M1.26%LONDON1.90%
    CONSULTING1.23%ENGINEERING1.87%
    ELECTRICAL1.06%CARE1.80%
    PROJECT0.93%CONSTRUCTION1.77%
    CONSULTANTS0.89%DESIGN1.75%
    CONSTRUCTION0.86%CONSULTANTS1.73%
    LAKES0.86%BUSINESS1.71%
    C0.86%PROPERTIES1.60%
    CONSULTANCY0.83%INVESTMENTS1.59%
    TECHNICAL0.79%GLOBAL1.59%
    D0.76%MEDIA1.49%
    L0.66%J1.48%
    (BARROW)0.66%ASSOCIATES1.48%
    R0.66%IT1.34%
    DESIGN0.63%TRANSPORT1.30%
    PROPERTY0.63%DEVELOPMENTS1.29%
    PROPERTIES0.60%BUILDING1.24%
    OFFSHORE0.60%CAPITAL1.21%
    ENERGY0.53%M1.20%
    CIC0.53%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied725280,210
    82990 - Other business support service activities not elsewhere classified24856,411
    99999 - Dormant Company15647,084
    74909 - Other professional, scientific and technical activities not elsewhere classified14718,491
    70229 - Management consultancy activities other than financial management14137,882
    96090 - Other service activities not elsewhere classified13626,700
    71129 - Other engineering activities1175,477
    56302 - Public houses and bars695,732
    43999 - Other specialised construction activities not elsewhere classified688,155
    43210 - Electrical installation555,885
    41100 - Development of building projects549,855
    56101 - Licensed restaurants497,965
    71122 - Engineering related scientific and technical consulting activities483,022
    62020 - Information technology consultancy activities4827,750
    68209 - Other letting and operating of own or leased real estate479,284
    62090 - Other information technology service activities4412,813
    43220 - Plumbing, heat and air-conditioning installation414,866
    42990 - Construction of other civil engineering projects not elsewhere classified402,401
    96020 - Hairdressing and other beauty treatment386,236
    45200 - Maintenance and repair of motor vehicles365,130
    sic codenumber of companiesuk companies
    None Supplied638254,725
    82990 - Other business support service activities not elsewhere classified25257,654
    99999 - Dormant Company16548,100
    74909 - Other professional, scientific and technical activities not elsewhere classified15219,018
    70229 - Management consultancy activities other than financial management14939,157
    96090 - Other service activities not elsewhere classified14427,652
    71129 - Other engineering activities1205,643
    43999 - Other specialised construction activities not elsewhere classified708,495
    56302 - Public houses and bars706,008
    43210 - Electrical installation556,100
    56101 - Licensed restaurants538,352
    41100 - Development of building projects5210,295
    62020 - Information technology consultancy activities5028,692
    68209 - Other letting and operating of own or leased real estate489,713
    71122 - Engineering related scientific and technical consulting activities473,114
    62090 - Other information technology service activities4613,149
    43220 - Plumbing, heat and air-conditioning installation425,062
    96020 - Hairdressing and other beauty treatment396,499
    42990 - Construction of other civil engineering projects not elsewhere classified392,525
    86900 - Other human health activities3710,681
    sic codenumber of companiesuk companies
    None Supplied638254,441
    82990 - Other business support service activities not elsewhere classified25657,543
    99999 - Dormant Company16647,692
    74909 - Other professional, scientific and technical activities not elsewhere classified15018,956
    70229 - Management consultancy activities other than financial management14839,242
    96090 - Other service activities not elsewhere classified14327,543
    71129 - Other engineering activities1205,662
    56302 - Public houses and bars706,009
    43999 - Other specialised construction activities not elsewhere classified698,503
    43210 - Electrical installation566,124
    56101 - Licensed restaurants538,390
    41100 - Development of building projects5210,399
    62020 - Information technology consultancy activities5028,770
    68209 - Other letting and operating of own or leased real estate479,832
    71122 - Engineering related scientific and technical consulting activities473,129
    62090 - Other information technology service activities4513,145
    43220 - Plumbing, heat and air-conditioning installation415,079
    96020 - Hairdressing and other beauty treatment406,508
    42990 - Construction of other civil engineering projects not elsewhere classified392,516
    86900 - Other human health activities3710,715

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08871017 MECHTECH (NORTH WEST) LIMITED 31 Jan 2014
    08837895 MANDER ALAN & MANDER LTD 09 Jan 2014
    08856814 BOUTIQUE GIFTWARE LTD 22 Jan 2014
    08840287 WETHERAL VILLAGE STORE LIMITED 10 Jan 2014
    08832558 OFFSHORE MEDICAL SERVICES LTD 06 Jan 2014
    08835819 ROOKIES (WIGTON) LIMITED 07 Jan 2014
    08864266 CLEA-TECH LIMITED 28 Jan 2014
    08844605 CREATIVE WELLBEING LTD 14 Jan 2014
    08829625 BELL MOUNT FARMING LTD 02 Jan 2014
    08857225 INTERCARS OF CARLISLE LTD 23 Jan 2014
    08841647 L&G GOODFELLOW LIMITED 13 Jan 2014
    08845728 BOWNESS FABRICATIONS LIMITED 15 Jan 2014
    08846167 HONISTER QUALITY SUPPORT LTD 15 Jan 2014
    08855417 C & C CONSULTANTS CUMBRIA LIMITED 22 Jan 2014
    08829697 FELTON COX LTD 02 Jan 2014
    08847991 AVISTA CARE LIMITED 16 Jan 2014
    08861591 CURWEN C E & I LIMITED 27 Jan 2014
    08831488 DENT LOGISTICS LIMITED 03 Jan 2014
    08848889 CRACKENTHORPE HALL LIMITED 16 Jan 2014
    08865958 EDEN FINANCE LTD 28 Jan 2014
    08849256 SEASCALE PRESS LIMITED 16 Jan 2014
    08843320 R WALKER CUMBRIA LIMITED 13 Jan 2014
    08845412 ALAN WINTHROP LIMITED 14 Jan 2014
    08854001 WELSPEC LTD 21 Jan 2014
    08860028 RICKI CRAWFORD LIMITED 24 Jan 2014