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

  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 (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)CumbriaUK
    2014590143,414
    2013533132,684
    % change10.7%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)CumbriaUK
    2014590143,414
    2013533132,684
    % change10.7%8.1%
    Record Year 2014 (590) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 2014202177211
    New companies in 2013181151201
    % change11.6%17.2%5.0%
    Record Year2003 (448)2002 (221)2002 (245)
    JulyAugustSeptember
    New companies in 2014202177211
    New companies in 2013181151201
    % change11.6%17.2%5.0%
    Record Year2003 (448)2002 (221)2002 (245)

Closed Companies (dissolved)

  1. 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)CumbriaUK
    2014391101,670
    201337686,170
    % change4.0%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)CumbriaUK
    2014391101,670
    201337686,170
    % change4.0%18.0%
    Record Year 2009 (523) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2014131116144
    Closed companies in 2013110157109
    % change19.1%-26.1%32%
    Record Year2014 (131)2008 (212)2009 (229)
    JulyAugustSeptember
    Closed companies in 2014131116144
    Closed companies in 2013110157109
    % change19.1%-26.1%32%
    Record Year2014 (131)2008 (212)2009 (229)

Net Company Growth

  1. 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)CumbriaUK
    201419941,744
    201315746,514
    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)CumbriaUK
    201419941,744
    201315746,514
    Record Year 2007 (272) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014716167
    Net growth in 201371-692
    Record Year2003 (404)2002 (181)2002 (226)
    JulyAugustSeptember
    Net growth in 2014716167
    Net growth in 201371-692
    Record Year2003 (404)2002 (181)2002 (226)

UK Company Share

  1. 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
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.5%
    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
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.5%
    Record Year (since 1960) 2002 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change1.4%11.7%-3.7%
    Record Year2003 (1.1%)2002 (0.9%)2002 (0.9%)
    JulyAugustSeptember
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change1.4%11.7%-3.7%
    Record Year2003 (1.1%)2002 (0.9%)2002 (0.9%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    ENGINEERING3.40%CONSULTING5.17%
    (CUMBRIA)2.47%MANAGEMENT4.63%
    CUMBRIA2.22%CONSULTANCY3.55%
    MANAGEMENT1.78%PROPERTY2.62%
    J1.28%ENGINEERING2.07%
    CONSULTING1.19%CONSTRUCTION2.05%
    ELECTRICAL1.16%TRADING2.00%
    M1.12%LONDON1.95%
    OFFSHORE0.94%CARE1.94%
    TECHNICAL0.94%TRANSPORT1.76%
    PROJECT0.81%DESIGN1.70%
    CONSTRUCTION0.81%CONSULTANTS1.70%
    L0.78%PROPERTIES1.63%
    C0.78%BUSINESS1.62%
    CONSULTANTS0.78%J1.53%
    D0.78%ELECTRICAL1.53%
    S0.75%GLOBAL1.51%
    TRAINING0.69%INVESTMENTS1.50%
    PROPERTIES0.69%ASSOCIATES1.48%
    R0.66%MEDIA1.38%
    CONSULTANCY0.66%CO.,1.36%
    LAKES0.66%DEVELOPMENTS1.35%
    PROJECTS0.62%BUILDING1.30%
    HOUSE0.59%IT1.30%
    DESIGN0.59%M1.23%
    wordpercentageuk worduk percentage
    ENGINEERING3.38%CONSULTING5.18%
    (CUMBRIA)2.50%MANAGEMENT4.63%
    CUMBRIA2.19%CONSULTANCY3.54%
    MANAGEMENT1.78%PROPERTY2.63%
    J1.28%ENGINEERING2.08%
    CONSULTING1.19%CONSTRUCTION2.05%
    ELECTRICAL1.16%TRADING2.01%
    M1.13%LONDON1.95%
    TECHNICAL0.94%CARE1.94%
    OFFSHORE0.94%TRANSPORT1.76%
    PROJECT0.81%DESIGN1.70%
    CONSTRUCTION0.78%CONSULTANTS1.69%
    L0.78%PROPERTIES1.63%
    C0.78%BUSINESS1.63%
    D0.78%ELECTRICAL1.53%
    S0.75%J1.53%
    CONSULTANTS0.75%GLOBAL1.52%
    TRAINING0.69%INVESTMENTS1.50%
    PROPERTIES0.69%ASSOCIATES1.48%
    CONSULTANCY0.66%MEDIA1.38%
    LAKES0.66%CO.,1.36%
    R0.66%DEVELOPMENTS1.35%
    PROJECTS0.63%BUILDING1.30%
    DESIGN0.59%IT1.30%
    B0.59%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied715278,481
    82990 - Other business support service activities not elsewhere classified29557,264
    74909 - Other professional, scientific and technical activities not elsewhere classified15218,890
    70229 - Management consultancy activities other than financial management14840,717
    96090 - Other service activities not elsewhere classified14728,224
    99999 - Dormant Company14548,286
    71129 - Other engineering activities1435,930
    43999 - Other specialised construction activities not elsewhere classified698,501
    56302 - Public houses and bars606,056
    68209 - Other letting and operating of own or leased real estate5810,361
    43210 - Electrical installation565,922
    42990 - Construction of other civil engineering projects not elsewhere classified482,630
    56101 - Licensed restaurants488,546
    62020 - Information technology consultancy activities4729,313
    41100 - Development of building projects4610,604
    62090 - Other information technology service activities4512,795
    45200 - Maintenance and repair of motor vehicles455,335
    71122 - Engineering related scientific and technical consulting activities403,143
    96020 - Hairdressing and other beauty treatment386,630
    41202 - Construction of domestic buildings387,151
    sic codenumber of companiesuk companies
    None Supplied677263,052
    82990 - Other business support service activities not elsewhere classified30158,078
    74909 - Other professional, scientific and technical activities not elsewhere classified15219,117
    70229 - Management consultancy activities other than financial management14941,421
    99999 - Dormant Company14948,811
    96090 - Other service activities not elsewhere classified14828,864
    71129 - Other engineering activities1446,011
    43999 - Other specialised construction activities not elsewhere classified698,701
    56302 - Public houses and bars606,211
    68209 - Other letting and operating of own or leased real estate5810,684
    43210 - Electrical installation576,050
    56101 - Licensed restaurants498,789
    42990 - Construction of other civil engineering projects not elsewhere classified472,658
    62020 - Information technology consultancy activities4729,780
    41100 - Development of building projects4610,983
    45200 - Maintenance and repair of motor vehicles455,472
    62090 - Other information technology service activities4412,999
    71122 - Engineering related scientific and technical consulting activities423,192
    86900 - Other human health activities3912,105
    96020 - Hairdressing and other beauty treatment396,781

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09200896 JOHNSTONE & LAMMING LIMITED 03 Sep 2014
    09220711 PH PARCELS LIMITED 16 Sep 2014
    09225985 DURUN LIMITED 19 Sep 2014
    09226009 DURUN TYRES UK LIMITED 19 Sep 2014
    09227269 E. G. PROUD TIMBER LIMITED 19 Sep 2014
    09230454 DHAKA TANDOORI RESTAURANT LIMITED 23 Sep 2014
    09205367 CLAUDIA COLOMBIAN ARTIZAN LIMITED 05 Sep 2014
    09212045 NIMBUSOFT LTD 10 Sep 2014
    09225488 PAJARITO SCIENTIFIC CORPORATION UK LTD 18 Sep 2014
    09217905 HAYTON AGRICULTURE LIMITED 15 Sep 2014
    09202882 HIRE BRIGADE CUMBRIA LIMITED 04 Sep 2014
    09233729 ORTON GRANGE CAFE & GIFTS LIMITED 24 Sep 2014
    09207234 A&A WALKING FLOORS LIMITED 08 Sep 2014
    09203132 MESSRS R MILLER LIMITED 04 Sep 2014
    09206830 IONNUCLEAR LIMITED 08 Sep 2014
    09225989 S L INSULATION LTD 19 Sep 2014
    09207943 BOOM INVESTMENTS LIMITED 08 Sep 2014
    09227481 JPB RISK MANAGEMENT LIMITED 19 Sep 2014
    09217373 GNAR BIKE PARK LIMITED 15 Sep 2014
    09228442 DELAINE TECHNICAL SOLUTIONS LIMITED 22 Sep 2014
    09230405 EKJ TRAINING SERVICES LIMITED 23 Sep 2014
    09230608 DISTRESSED BUT NOT FORSAKEN LIMITED 23 Sep 2014
    09234136 VTP CUMBRIA LIMITED 24 Sep 2014
    09234753 LYNTREES SOLUTIONS LIMITED 25 Sep 2014
    09203701 GARRY THE GUN LIMITED 04 Sep 2014