Cumbria
Q3 2014 Business Confidence Report
Headlines
- July 2014 saw a new record in company closures in Cumbria when compared to any previous July.
- July 2014 saw a new record in company closures in Cumbria when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 590 companies were registered in Cumbria during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 10.7% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Cumbria UK 2014 590 143,414 2013 533 132,684 % change 10.7% 8.1% Record Year 2014 (590) 2014 (143,414) New Companies by Quarter
A total of 590 companies were registered in Cumbria during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 10.7% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Cumbria UK 2014 590 143,414 2013 533 132,684 % change 10.7% 8.1% Record Year 2014 (590) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
New Companies by Month
New Companies by Month
July August September New companies in 2014 202 177 211 New companies in 2013 181 151 201 % change 11.6% 17.2% 5.0% Record Year 2003 (448) 2002 (221) 2002 (245) July August September New companies in 2014 202 177 211 New companies in 2013 181 151 201 % change 11.6% 17.2% 5.0% Record Year 2003 (448) 2002 (221) 2002 (245)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 391 companies were dissolved in Cumbria during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 4.0% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Cumbria UK 2014 391 101,670 2013 376 86,170 % change 4.0% 18.0% Record Year 2009 (523) 2009 (159,405) Dissolved Companies by Quarter
A total of 391 companies were dissolved in Cumbria during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 4.0% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Cumbria UK 2014 391 101,670 2013 376 86,170 % change 4.0% 18.0% Record Year 2009 (523) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Cumbria when compared to any previous July.
July 2014 saw a new record in company closures in Cumbria when compared to any previous July.
Dissolved Companies by Month
Dissolved Companies by Month
July August September Closed companies in 2014 131 116 144 Closed companies in 2013 110 157 109 % change 19.1% -26.1% 32% Record Year 2014 (131) 2008 (212) 2009 (229) July August September Closed companies in 2014 131 116 144 Closed companies in 2013 110 157 109 % change 19.1% -26.1% 32% Record Year 2014 (131) 2008 (212) 2009 (229)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Cumbria during the third quarter of 2014 (Jul 2014 - Sep 2014) was 199 companies.
third quarter (Jul 2014 - Sep 2014) Cumbria UK 2014 199 41,744 2013 157 46,514 Record Year 2007 (272) 2013 (46,514) Net Growth by Quarter
Net company growth for Cumbria during the third quarter of 2014 (Jul 2014 - Sep 2014) was 199 companies.
third quarter (Jul 2014 - Sep 2014) Cumbria UK 2014 199 41,744 2013 157 46,514 Record Year 2007 (272) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
Net Growth by Month
July August September Net growth in 2014 71 61 67 Net growth in 2013 71 -6 92 Record Year 2003 (404) 2002 (181) 2002 (226) July August September Net growth in 2014 71 61 67 Net growth in 2013 71 -6 92 Record Year 2003 (404) 2002 (181) 2002 (226)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Cumbria formed 0.4% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Cumbria 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.5% Record Year (since 1960) 2002 (0.9%) Company Share by Quarter
In the third quarter of 2014, Cumbria formed 0.4% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Cumbria 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.5% Record Year (since 1960) 2002 (0.9%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
Company Share by Month
July August September UK formation share in 2014 0.4% 0.4% 0.4% UK formation share in 2013 0.4% 0.4% 0.4% % change 1.4% 11.7% -3.7% Record Year 2003 (1.1%) 2002 (0.9%) 2002 (0.9%) July August September UK formation share in 2014 0.4% 0.4% 0.4% UK formation share in 2013 0.4% 0.4% 0.4% % change 1.4% 11.7% -3.7% Record Year 2003 (1.1%) 2002 (0.9%) 2002 (0.9%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 44.6.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.5%.
Director Age by Quarter
The average age of a director in the third quarter of 2014 was 44.6.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Cumbria was in 2007 when 38.9% of all directors were female.
32.5% of all director appointments in Cumbria in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
The record third quarter for female directors in Cumbria was in 2007 when 38.9% of all directors were female.
32.5% of all director appointments in Cumbria in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 3.40% CONSULTING 5.17% (CUMBRIA) 2.47% MANAGEMENT 4.63% CUMBRIA 2.22% CONSULTANCY 3.55% MANAGEMENT 1.78% PROPERTY 2.62% J 1.28% ENGINEERING 2.07% CONSULTING 1.19% CONSTRUCTION 2.05% ELECTRICAL 1.16% TRADING 2.00% M 1.12% LONDON 1.95% OFFSHORE 0.94% CARE 1.94% TECHNICAL 0.94% TRANSPORT 1.76% PROJECT 0.81% DESIGN 1.70% CONSTRUCTION 0.81% CONSULTANTS 1.70% L 0.78% PROPERTIES 1.63% C 0.78% BUSINESS 1.62% CONSULTANTS 0.78% J 1.53% D 0.78% ELECTRICAL 1.53% S 0.75% GLOBAL 1.51% TRAINING 0.69% INVESTMENTS 1.50% PROPERTIES 0.69% ASSOCIATES 1.48% R 0.66% MEDIA 1.38% CONSULTANCY 0.66% CO., 1.36% LAKES 0.66% DEVELOPMENTS 1.35% PROJECTS 0.62% BUILDING 1.30% HOUSE 0.59% IT 1.30% DESIGN 0.59% M 1.23% word percentage uk word uk percentage ENGINEERING 3.38% CONSULTING 5.18% (CUMBRIA) 2.50% MANAGEMENT 4.63% CUMBRIA 2.19% CONSULTANCY 3.54% MANAGEMENT 1.78% PROPERTY 2.63% J 1.28% ENGINEERING 2.08% CONSULTING 1.19% CONSTRUCTION 2.05% ELECTRICAL 1.16% TRADING 2.01% M 1.13% LONDON 1.95% TECHNICAL 0.94% CARE 1.94% OFFSHORE 0.94% TRANSPORT 1.76% PROJECT 0.81% DESIGN 1.70% CONSTRUCTION 0.78% CONSULTANTS 1.69% L 0.78% PROPERTIES 1.63% C 0.78% BUSINESS 1.63% D 0.78% ELECTRICAL 1.53% S 0.75% J 1.53% CONSULTANTS 0.75% GLOBAL 1.52% TRAINING 0.69% INVESTMENTS 1.50% PROPERTIES 0.69% ASSOCIATES 1.48% CONSULTANCY 0.66% MEDIA 1.38% LAKES 0.66% CO., 1.36% R 0.66% DEVELOPMENTS 1.35% PROJECTS 0.63% BUILDING 1.30% DESIGN 0.59% IT 1.30% B 0.59% M 1.23%
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 715 278,481 82990 - Other business support service activities not elsewhere classified 295 57,264 74909 - Other professional, scientific and technical activities not elsewhere classified 152 18,890 70229 - Management consultancy activities other than financial management 148 40,717 96090 - Other service activities not elsewhere classified 147 28,224 99999 - Dormant Company 145 48,286 71129 - Other engineering activities 143 5,930 43999 - Other specialised construction activities not elsewhere classified 69 8,501 56302 - Public houses and bars 60 6,056 68209 - Other letting and operating of own or leased real estate 58 10,361 43210 - Electrical installation 56 5,922 42990 - Construction of other civil engineering projects not elsewhere classified 48 2,630 56101 - Licensed restaurants 48 8,546 62020 - Information technology consultancy activities 47 29,313 41100 - Development of building projects 46 10,604 62090 - Other information technology service activities 45 12,795 45200 - Maintenance and repair of motor vehicles 45 5,335 71122 - Engineering related scientific and technical consulting activities 40 3,143 96020 - Hairdressing and other beauty treatment 38 6,630 41202 - Construction of domestic buildings 38 7,151 sic code number of companies uk companies None Supplied 677 263,052 82990 - Other business support service activities not elsewhere classified 301 58,078 74909 - Other professional, scientific and technical activities not elsewhere classified 152 19,117 70229 - Management consultancy activities other than financial management 149 41,421 99999 - Dormant Company 149 48,811 96090 - Other service activities not elsewhere classified 148 28,864 71129 - Other engineering activities 144 6,011 43999 - Other specialised construction activities not elsewhere classified 69 8,701 56302 - Public houses and bars 60 6,211 68209 - Other letting and operating of own or leased real estate 58 10,684 43210 - Electrical installation 57 6,050 56101 - Licensed restaurants 49 8,789 42990 - Construction of other civil engineering projects not elsewhere classified 47 2,658 62020 - Information technology consultancy activities 47 29,780 41100 - Development of building projects 46 10,983 45200 - Maintenance and repair of motor vehicles 45 5,472 62090 - Other information technology service activities 44 12,999 71122 - Engineering related scientific and technical consulting activities 42 3,192 86900 - Other human health activities 39 12,105 96020 - Hairdressing and other beauty treatment 39 6,781
Recent Companies
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Randomly selected companies from this quarter
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