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
New Company Registrations
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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) Cumbria UK 2014 1,286 300,731 2013 1,112 269,432 % change 15.6% 11.6% Record Year 2003 (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) Cumbria UK 2014 1,286 300,731 2013 1,112 269,432 % change 15.6% 11.6% Record Year 2003 (1,374) 2014 (300,731) New Companies by Half Year
New Companies by Half Year
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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) Cumbria UK 2014 641 150,009 2013 534 134,630 % change 20.0% 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) Cumbria UK 2014 641 150,009 2013 534 134,630 % change 20.0% 11.4% Record Year 2014 (641) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
New Companies by Month
New Companies by Month
April May June New companies in 2014 226 225 190 New companies in 2013 207 179 148 % change 9.2% 25.7% 28.4% Record Year 2003 (229) 2003 (243) 2003 (248) April May June New companies in 2014 226 225 190 New companies in 2013 207 179 148 % change 9.2% 25.7% 28.4% Record Year 2003 (229) 2003 (243) 2003 (248)
Closed Companies (dissolved)
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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) Cumbria UK 2014 730 177,207 2013 583 155,192 % change 25.2% 14.2% Record Year 2010 (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) Cumbria UK 2014 730 177,207 2013 583 155,192 % change 25.2% 14.2% Record Year 2010 (750) 2009 (289,245) Dissolved Companies by Half Year
Dissolved Companies by Half Year
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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) Cumbria UK 2014 410 94,837 2013 290 77,278 % change 41.4% 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) Cumbria UK 2014 410 94,837 2013 290 77,278 % change 41.4% 22.7% Record Year 2009 (411) 2009 (181,179) Dissolved Companies by Quarter
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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
April May June Closed companies in 2014 83 199 128 Closed companies in 2013 94 94 102 % change -11.7% 111.7% 25% Record Year 2008 (146) 2014 (199) 2010 (162) April May June Closed companies in 2014 83 199 128 Closed companies in 2013 94 94 102 % change -11.7% 111.7% 25% Record Year 2008 (146) 2014 (199) 2010 (162)
Net Company Growth
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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) Cumbria UK 2014 556 123,524 2013 529 114,240 Record Year 2003 (1,168) 2007 (171,296) In the first half of 2014 the company register for Cumbria increased by 556 companies.
Half Year (Jan-Jun) Cumbria UK 2014 556 123,524 2013 529 114,240 Record Year 2003 (1,168) 2007 (171,296) Net Growth by Half Year
Net Growth by Half Year
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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) Cumbria UK 2014 231 55,172 2013 244 57,352 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) Cumbria UK 2014 231 55,172 2013 244 57,352 Record Year 2007 (412) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
Net Growth by Month
April May June Net growth in 2014 143 26 62 Net growth in 2013 113 85 46 Record Year 2003 (199) 2003 (206) 2003 (214) April May June Net growth in 2014 143 26 62 Net growth in 2013 113 85 46 Record Year 2003 (199) 2003 (206) 2003 (214)
UK Company Share
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% 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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 2003 (0.7%) Company Share by Half Year
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% 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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 2002 (0.7%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
Company Share by Month
April May June UK formation share in 2014 0.4% 0.5% 0.4% UK formation share in 2013 0.4% 0.4% 0.4% % change -1.5% 16.0% 11.2% Record Year 2003 (0.7%) 2003 (0.7%) 2002 (0.9%) April May June UK formation share in 2014 0.4% 0.5% 0.4% UK formation share in 2013 0.4% 0.4% 0.4% % change -1.5% 16.0% 11.2% Record Year 2003 (0.7%) 2003 (0.7%) 2002 (0.9%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 3.50% CONSULTING 5.16% CUMBRIA 2.48% MANAGEMENT 4.64% (CUMBRIA) 2.25% CONSULTANCY 3.50% MANAGEMENT 1.86% PROPERTY 2.66% CONSULTING 1.35% TRADING 2.03% M 1.29% ENGINEERING 1.99% J 1.25% CONSTRUCTION 1.93% ELECTRICAL 1.09% LONDON 1.93% TECHNICAL 1.00% CARE 1.85% CONSTRUCTION 0.96% DESIGN 1.75% PROJECT 0.93% CONSULTANTS 1.73% LAKES 0.90% BUSINESS 1.69% C 0.90% PROPERTIES 1.63% OFFSHORE 0.87% TRANSPORT 1.58% D 0.84% GLOBAL 1.55% PROJECTS 0.77% INVESTMENTS 1.55% CONSULTANCY 0.74% J 1.51% CONSULTANTS 0.74% ASSOCIATES 1.48% L 0.71% MEDIA 1.44% R 0.68% ELECTRICAL 1.40% S 0.68% IT 1.33% (BARROW) 0.61% DEVELOPMENTS 1.33% TRAINING 0.61% BUILDING 1.26% SAFETY 0.61% M 1.24% PROPERTIES 0.61% CO., 1.20% word percentage uk word uk percentage ENGINEERING 3.50% CONSULTING 5.16% CUMBRIA 2.44% MANAGEMENT 4.64% (CUMBRIA) 2.25% CONSULTANCY 3.49% MANAGEMENT 1.86% PROPERTY 2.66% CONSULTING 1.35% TRADING 2.03% M 1.29% ENGINEERING 1.99% J 1.25% LONDON 1.93% ELECTRICAL 1.09% CONSTRUCTION 1.93% TECHNICAL 1.00% CARE 1.85% CONSTRUCTION 0.93% DESIGN 1.75% PROJECT 0.93% CONSULTANTS 1.73% LAKES 0.90% BUSINESS 1.69% C 0.90% PROPERTIES 1.63% OFFSHORE 0.87% TRANSPORT 1.58% D 0.84% GLOBAL 1.55% PROJECTS 0.77% INVESTMENTS 1.55% CONSULTANCY 0.74% J 1.50% L 0.71% ASSOCIATES 1.48% CONSULTANTS 0.71% MEDIA 1.44% R 0.67% ELECTRICAL 1.40% S 0.67% IT 1.33% SAFETY 0.61% DEVELOPMENTS 1.33% PROPERTIES 0.61% BUILDING 1.26% (BARROW) 0.61% M 1.23% TRAINING 0.61% CO., 1.20%
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 653 261,557 82990 - Other business support service activities not elsewhere classified 286 57,421 99999 - Dormant Company 158 48,436 70229 - Management consultancy activities other than financial management 156 40,250 96090 - Other service activities not elsewhere classified 150 28,352 74909 - Other professional, scientific and technical activities not elsewhere classified 147 19,058 71129 - Other engineering activities 125 5,787 43999 - Other specialised construction activities not elsewhere classified 67 8,533 56302 - Public houses and bars 65 6,099 43210 - Electrical installation 55 6,050 68209 - Other letting and operating of own or leased real estate 53 10,133 56101 - Licensed restaurants 52 8,585 42990 - Construction of other civil engineering projects not elsewhere classified 46 2,638 62020 - Information technology consultancy activities 44 29,029 71122 - Engineering related scientific and technical consulting activities 44 3,165 62090 - Other information technology service activities 43 13,024 41100 - Development of building projects 43 10,527 43220 - Plumbing, heat and air-conditioning installation 40 5,075 45200 - Maintenance and repair of motor vehicles 40 5,375 96020 - Hairdressing and other beauty treatment 38 6,631 sic code number of companies uk companies None Supplied 646 259,495 82990 - Other business support service activities not elsewhere classified 291 57,459 99999 - Dormant Company 160 48,126 70229 - Management consultancy activities other than financial management 155 40,375 96090 - Other service activities not elsewhere classified 149 28,340 74909 - Other professional, scientific and technical activities not elsewhere classified 147 19,026 71129 - Other engineering activities 125 5,810 43999 - Other specialised construction activities not elsewhere classified 67 8,555 56302 - Public houses and bars 65 6,119 43210 - Electrical installation 56 6,091 68209 - Other letting and operating of own or leased real estate 53 10,262 56101 - Licensed restaurants 52 8,651 71122 - Engineering related scientific and technical consulting activities 45 3,182 42990 - Construction of other civil engineering projects not elsewhere classified 45 2,629 62020 - Information technology consultancy activities 44 29,145 41100 - Development of building projects 43 10,664 62090 - Other information technology service activities 42 13,042 45200 - Maintenance and repair of motor vehicles 40 5,411 43220 - Plumbing, heat and air-conditioning installation 39 5,099 96020 - Hairdressing and other beauty treatment 39 6,665
Recent Companies
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