Cumbria

2014 Half Year Business Confidence Report

Headlines

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

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. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 1,286 companies were formed in Cumbria. This figure is 15.6% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Cumbria occurred in 2003 when a total of 1,374 were formed.

    Half Year (Jan-Jun)CumbriaUK
    20141,286300,731
    20131,112269,432
    % change15.6%11.6%
    Record Year2003 (1,374)2014 (300,731)

    In the first half of 2014 a total of 1,286 companies were formed in Cumbria. This figure is 15.6% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Cumbria occurred in 2003 when a total of 1,374 were formed.

    Half Year (Jan-Jun)CumbriaUK
    20141,286300,731
    20131,112269,432
    % change15.6%11.6%
    Record Year2003 (1,374)2014 (300,731)
    New Companies by Half Year
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 641 companies were registered in Cumbria during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 20.0% versus the same period last year (Q2 2013). This figure compares well 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)CumbriaUK
    2014641150,009
    2013534134,630
    % change20.0%11.4%
    Record Year 2014 (641) 2014 (150,009)
    New Companies by Quarter

    A total of 641 companies were registered in Cumbria during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 20.0% versus the same period last year (Q2 2013). This figure compares well 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)CumbriaUK
    2014641150,009
    2013534134,630
    % change20.0%11.4%
    Record Year 2014 (641) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    New Companies by Month
    New Companies by Month
    AprilMayJune
    New companies in 2014226225190
    New companies in 2013207179148
    % change9.2%25.7%28.4%
    Record Year2003 (229)2003 (243)2003 (248)
    AprilMayJune
    New companies in 2014226225190
    New companies in 2013207179148
    % change9.2%25.7%28.4%
    Record Year2003 (229)2003 (243)2003 (248)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 730 companies were dissolved in Cumbria. This figure is 25.2% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Cumbria occurred in 2010 when a total of 750 were closed.

    Half Year (Jan-Jun)CumbriaUK
    2014730177,207
    2013583155,192
    % change25.2%14.2%
    Record Year2010 (750)2009 (289,245)

    In the first half of 2014 a total of 730 companies were dissolved in Cumbria. This figure is 25.2% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Cumbria occurred in 2010 when a total of 750 were closed.

    Half Year (Jan-Jun)CumbriaUK
    2014730177,207
    2013583155,192
    % change25.2%14.2%
    Record Year2010 (750)2009 (289,245)
    Dissolved Companies by Half Year
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 410 companies were dissolved in Cumbria during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 41.4% 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)CumbriaUK
    201441094,837
    201329077,278
    % change41.4%22.7%
    Record Year 2009 (411) 2009 (181,179)
    Dissolved Companies by Quarter

    A total of 410 companies were dissolved in Cumbria during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 41.4% 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)CumbriaUK
    201441094,837
    201329077,278
    % change41.4%22.7%
    Record Year 2009 (411) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

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

    Dissolved Companies by Month
    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201483199128
    Closed companies in 20139494102
    % change-11.7%111.7%25%
    Record Year2008 (146)2014 (199)2010 (162)
    AprilMayJune
    Closed companies in 201483199128
    Closed companies in 20139494102
    % change-11.7%111.7%25%
    Record Year2008 (146)2014 (199)2010 (162)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Cumbria increased by 556 companies.

    Half Year (Jan-Jun)CumbriaUK
    2014556123,524
    2013529114,240
    Record Year2003 (1,168)2007 (171,296)

    In the first half of 2014 the company register for Cumbria increased by 556 companies.

    Half Year (Jan-Jun)CumbriaUK
    2014556123,524
    2013529114,240
    Record Year2003 (1,168)2007 (171,296)
    Net Growth by Half Year
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Cumbria during the second quarter of 2014 (Apr 2014 - Jun 2014) was 231 companies.

    second quarter (Apr 2014 - Jun 2014)CumbriaUK
    201423155,172
    201324457,352
    Record Year 2007 (412) 2007 (60,014)
    Net Growth by Quarter

    Net company growth for Cumbria during the second quarter of 2014 (Apr 2014 - Jun 2014) was 231 companies.

    second quarter (Apr 2014 - Jun 2014)CumbriaUK
    201423155,172
    201324457,352
    Record Year 2007 (412) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    Net Growth by Month
    AprilMayJune
    Net growth in 20141432662
    Net growth in 20131138546
    Record Year2003 (199)2003 (206)2003 (214)
    AprilMayJune
    Net growth in 20141432662
    Net growth in 20131138546
    Record Year2003 (199)2003 (206)2003 (214)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Cumbria formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.

    Half Year (Jan-Jun)Cumbria
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2003 (0.7%)
    Company Share by Half Year

    In the first half of 2014 Cumbria formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.

    Half Year (Jan-Jun)Cumbria
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2003 (0.7%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Cumbria
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2002 (0.7%)
    Company Share by Quarter

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

    second quarter (Apr 2014 - Jun 2014)Cumbria
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2002 (0.7%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    Company Share by Month
    AprilMayJune
    UK formation share in 20140.4%0.5%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change-1.5%16.0%11.2%
    Record Year2003 (0.7%)2003 (0.7%)2002 (0.9%)
    AprilMayJune
    UK formation share in 20140.4%0.5%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change-1.5%16.0%11.2%
    Record Year2003 (0.7%)2003 (0.7%)2002 (0.9%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 46.7.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.5%.

    Director Age by Half Year

    The average age of a director in the first half of 2014 was 46.7.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 46.5.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 3.6%.

    Director Age by Quarter

    The average age of a director in the second quarter of 2014 was 46.5.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Cumbria was 2005 when 37.7% of all directors were female.

    31.7% of all director appointments in Cumbria 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

    The record first half year for female directors in Cumbria was 2005 when 37.7% of all directors were female.

    31.7% of all director appointments in Cumbria 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
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Cumbria was in 2005 when 38.9% of all directors were female.

    29.6% of all director appointments in Cumbria 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

    The record second quarter for female directors in Cumbria was in 2005 when 38.9% of all directors were female.

    29.6% of all director appointments in Cumbria 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

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

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

    wordpercentageuk worduk percentage
    ENGINEERING3.50%CONSULTING5.16%
    CUMBRIA2.48%MANAGEMENT4.64%
    (CUMBRIA)2.25%CONSULTANCY3.50%
    MANAGEMENT1.86%PROPERTY2.66%
    CONSULTING1.35%TRADING2.03%
    M1.29%ENGINEERING1.99%
    J1.25%CONSTRUCTION1.93%
    ELECTRICAL1.09%LONDON1.93%
    TECHNICAL1.00%CARE1.85%
    CONSTRUCTION0.96%DESIGN1.75%
    PROJECT0.93%CONSULTANTS1.73%
    LAKES0.90%BUSINESS1.69%
    C0.90%PROPERTIES1.63%
    OFFSHORE0.87%TRANSPORT1.58%
    D0.84%GLOBAL1.55%
    PROJECTS0.77%INVESTMENTS1.55%
    CONSULTANCY0.74%J1.51%
    CONSULTANTS0.74%ASSOCIATES1.48%
    L0.71%MEDIA1.44%
    R0.68%ELECTRICAL1.40%
    S0.68%IT1.33%
    (BARROW)0.61%DEVELOPMENTS1.33%
    TRAINING0.61%BUILDING1.26%
    SAFETY0.61%M1.24%
    PROPERTIES0.61%CO.,1.20%
    wordpercentageuk worduk percentage
    ENGINEERING3.50%CONSULTING5.16%
    CUMBRIA2.44%MANAGEMENT4.64%
    (CUMBRIA)2.25%CONSULTANCY3.49%
    MANAGEMENT1.86%PROPERTY2.66%
    CONSULTING1.35%TRADING2.03%
    M1.29%ENGINEERING1.99%
    J1.25%LONDON1.93%
    ELECTRICAL1.09%CONSTRUCTION1.93%
    TECHNICAL1.00%CARE1.85%
    CONSTRUCTION0.93%DESIGN1.75%
    PROJECT0.93%CONSULTANTS1.73%
    LAKES0.90%BUSINESS1.69%
    C0.90%PROPERTIES1.63%
    OFFSHORE0.87%TRANSPORT1.58%
    D0.84%GLOBAL1.55%
    PROJECTS0.77%INVESTMENTS1.55%
    CONSULTANCY0.74%J1.50%
    L0.71%ASSOCIATES1.48%
    CONSULTANTS0.71%MEDIA1.44%
    R0.67%ELECTRICAL1.40%
    S0.67%IT1.33%
    SAFETY0.61%DEVELOPMENTS1.33%
    PROPERTIES0.61%BUILDING1.26%
    (BARROW)0.61%M1.23%
    TRAINING0.61%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied653261,557
    82990 - Other business support service activities not elsewhere classified28657,421
    99999 - Dormant Company15848,436
    70229 - Management consultancy activities other than financial management15640,250
    96090 - Other service activities not elsewhere classified15028,352
    74909 - Other professional, scientific and technical activities not elsewhere classified14719,058
    71129 - Other engineering activities1255,787
    43999 - Other specialised construction activities not elsewhere classified678,533
    56302 - Public houses and bars656,099
    43210 - Electrical installation556,050
    68209 - Other letting and operating of own or leased real estate5310,133
    56101 - Licensed restaurants528,585
    42990 - Construction of other civil engineering projects not elsewhere classified462,638
    62020 - Information technology consultancy activities4429,029
    71122 - Engineering related scientific and technical consulting activities443,165
    62090 - Other information technology service activities4313,024
    41100 - Development of building projects4310,527
    43220 - Plumbing, heat and air-conditioning installation405,075
    45200 - Maintenance and repair of motor vehicles405,375
    96020 - Hairdressing and other beauty treatment386,631
    sic codenumber of companiesuk companies
    None Supplied646259,495
    82990 - Other business support service activities not elsewhere classified29157,459
    99999 - Dormant Company16048,126
    70229 - Management consultancy activities other than financial management15540,375
    96090 - Other service activities not elsewhere classified14928,340
    74909 - Other professional, scientific and technical activities not elsewhere classified14719,026
    71129 - Other engineering activities1255,810
    43999 - Other specialised construction activities not elsewhere classified678,555
    56302 - Public houses and bars656,119
    43210 - Electrical installation566,091
    68209 - Other letting and operating of own or leased real estate5310,262
    56101 - Licensed restaurants528,651
    71122 - Engineering related scientific and technical consulting activities453,182
    42990 - Construction of other civil engineering projects not elsewhere classified452,629
    62020 - Information technology consultancy activities4429,145
    41100 - Development of building projects4310,664
    62090 - Other information technology service activities4213,042
    45200 - Maintenance and repair of motor vehicles405,411
    43220 - Plumbing, heat and air-conditioning installation395,099
    96020 - Hairdressing and other beauty treatment396,665

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08979907 A & D DEVELOPMENTS LIMITED 04 Apr 2014
    08980068 WATERHEAD CLOSE (AMBLESIDE) LIMITED 04 Apr 2014
    09010203 HOTWORKS PLUMBING & HEATING (CUMBRIA) LIMITED 24 Apr 2014
    09019123 HARRINGTON LEIGH 0882 LIMITED 30 Apr 2014
    09016622 R.I.S. DRIVER HIRE LTD 29 Apr 2014
    09005653 RBRAIN CONSULTING LTD 22 Apr 2014
    08970087 D CONNELL COURIERS LIMITED 01 Apr 2014
    08995137 LUCINDA GUINNESS LTD 14 Apr 2014
    09008046 CUMBRIAN MARQUEES LIMITED 23 Apr 2014
    09004271 CRAIG BRASS SYSTEMS LIMITED 22 Apr 2014
    08980332 PJN CONSTRUCTION LIMITED 07 Apr 2014
    08997253 NORTH COUNTRY ALES LIMITED 15 Apr 2014
    08998873 ES BAR LIMITED 15 Apr 2014
    09003338 DIXON DENNIS 0251 LIMITED 22 Apr 2014
    09011480 BEACON FIRE PROTECTION LIMITED 25 Apr 2014
    09017352 LAURA GOMPERTZ INTERIORS LIMITED 29 Apr 2014
    08979240 ISOLATOR SOLUTIONS LTD 04 Apr 2014
    08974748 PD TALBOT LIMITED 02 Apr 2014
    09000767 REXFORD (CUMBRIA) LIMITED 16 Apr 2014
    09006205 FISHER ENTERPRISES (CUMBRIA) LTD 23 Apr 2014
    09007694 A. GUNN CONSTRUCTION MANAGEMENT LTD 23 Apr 2014
    09012089 BMJ TECHNICAL SOLUTIONS LIMITED 25 Apr 2014
    08972660 S MCMULLEN SAFETY SPECIALIST LTD 02 Apr 2014
    08981108 IMD CLINICAL LTD 07 Apr 2014
    09007012 BURNS MARK 0667 LIMITED 23 Apr 2014