Cumbria

2014 Annual Business Confidence Report

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. Annual Data (2014)

    A total of 2,421 companies were formed in Cumbria in 2014. This total is 10.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearCumbriaUK
    20142,421582,051
    20132,197529,363
    20121,966491,893
    20111,866452,870
    20101,665400,358
    Record Year2014 (2,421)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 1,135 companies were formed in Cumbria. This figure is 4.6% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Cumbria occurred in 2002 when a total of 1,389 were formed.

    Half Year (Jul-Dec)CumbriaUK
    20141,135281,320
    20131,085259,931
    % change4.6%8.2%
    Record Year2002 (1,389)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 545 companies were registered in Cumbria during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 1.3% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)CumbriaUK
    2014545137,906
    2013552127,247
    % change-1.3%8.4%
    Record Year 2013 (552) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014212192141
    New companies in 2013234169149
    % change-9.4%13.6%-5.4%
    Record Year2002 (259)2002 (217)2002 (183)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 1,495 companies were dissolved in Cumbria in 2014. This total is 13.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearCumbriaUK
    20141,495367,937
    20131,314332,213
    20121,184293,729
    20111,259314,524
    20101,413342,233
    Record Year2009 (1,767)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 765 companies were dissolved in Cumbria. This figure is 4.7% higher than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Cumbria occurred in 2009 when a total of 1,064 were closed.

    Half Year (Jul-Dec)CumbriaUK
    2014765190,730
    2013731177,021
    % change4.7%7.7%
    Record Year2009 (1,064)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 374 companies were dissolved in Cumbria during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 5.4% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)CumbriaUK
    201437489,060
    201335590,851
    % change5.4%-2.0%
    Record Year 2009 (541) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201495128151
    Closed companies in 2013121110124
    % change-21.5%16.4%22%
    Record Year2009 (183)2009 (157)2009 (201)

Net Company Growth

  1. Annual Data (2014)

    A total of 926 companies were added to the company register for Cumbria in 2014. This number represents growth of 38.2% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 43 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Cumbria company register grew by 1,461 companies.

    YearCumbriaUK
    2014926214,114
    2013883197,150
    2012782198,164
    2011607138,346
    201025258,125
    Record Year2007 (1,461)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Cumbria increased by 370 companies.

    Half Year (Jul-Dec)CumbriaUK
    201437090,590
    201335482,910
    Record Year2002 (1,169)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Cumbria during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 171 companies.

    fourth quarter (Oct 2014 - Dec 2014)CumbriaUK
    201417148,846
    201319736,396
    Record Year 2006 (304) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201411764-10
    Net growth in 20131135925
    Record Year2002 (227)2002 (177)2002 (158)

UK Company Share

  1. Annual Data (2014)

    In 2014 Cumbria formed 0.4% of all UK companies. This is no change on 2013 when Cumbria was responsible for 0.4% of all UK companies.

    YearCumbria
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960)2002 (0.7%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Cumbria
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2002 (0.9%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Cumbria
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2002 (0.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.4%0.4%0.3%
    UK formation share in 20130.5%0.4%0.4%
    % change-13.8%7.9%-19.0%
    Record Year2002 (0.8%)2002 (0.8%)2002 (0.8%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 46.0.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 45.2.

    The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 45.8.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Cumbria was 1990 when 39.4% of all directors were female.

    The percentage of female directors in Cumbria in 2014 was 32.0%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Cumbria was 2007 when 38.1% of all directors were female.

    32.3% of all director appointments in Cumbria in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Cumbria was in 2005 when 37.7% of all directors were female.

    32.0% of all director appointments in Cumbria in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    ENGINEERING3.09%CONSULTING5.22%
    CUMBRIA2.43%MANAGEMENT4.58%
    (CUMBRIA)2.30%CONSULTANCY3.57%
    MANAGEMENT1.83%PROPERTY2.66%
    J1.26%CONSTRUCTION2.12%
    ELECTRICAL1.14%ENGINEERING2.10%
    CONSULTING1.10%CARE2.02%
    M0.98%TRADING1.94%
    OFFSHORE0.95%LONDON1.93%
    D0.88%TRANSPORT1.93%
    S0.88%DESIGN1.66%
    PROJECT0.79%CONSULTANTS1.64%
    TECHNICAL0.79%ELECTRICAL1.62%
    C0.76%PROPERTIES1.62%
    R0.76%BUSINESS1.56%
    LAKES0.73%J1.54%
    CONSULTANCY0.73%CO.,1.50%
    CONSULTANTS0.73%GLOBAL1.49%
    TRAINING0.66%INVESTMENTS1.48%
    DESIGN0.66%ASSOCIATES1.47%
    CONSTRUCTION0.66%DEVELOPMENTS1.35%
    PROPERTIES0.63%MEDIA1.33%
    L0.63%IT1.31%
    PROJECTS0.60%BUILDING1.29%
    B0.57%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied713265,608
    82990 - Other business support service activities not elsewhere classified32458,068
    70229 - Management consultancy activities other than financial management16042,290
    71129 - Other engineering activities1596,132
    74909 - Other professional, scientific and technical activities not elsewhere classified15019,049
    96090 - Other service activities not elsewhere classified14829,009
    99999 - Dormant Company14848,509
    43999 - Other specialised construction activities not elsewhere classified678,761
    68209 - Other letting and operating of own or leased real estate6011,212
    42990 - Construction of other civil engineering projects not elsewhere classified552,701
    62020 - Information technology consultancy activities5530,178
    56302 - Public houses and bars516,285
    43210 - Electrical installation505,985
    56101 - Licensed restaurants488,782
    41100 - Development of building projects4711,397
    96020 - Hairdressing and other beauty treatment476,742
    62090 - Other information technology service activities4612,837
    45200 - Maintenance and repair of motor vehicles435,425
    71122 - Engineering related scientific and technical consulting activities413,184
    86900 - Other human health activities4012,976

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09339246 LENSNECTAR LIMITED 03 Dec 2014
    09353941 LOWMOOR ROAD LIMITED 12 Dec 2014
    09358901 MARBLE SOLUTIONS LTD 17 Dec 2014
    09367136 S & A CONTRACTING SERVICES LIMITED 24 Dec 2014
    09336167 MURRAYS PALLET LOGISTICS LIMITED 02 Dec 2014
    09334998 2 CHEVRONS APART LTD 01 Dec 2014
    09370705 MERCHANT ENTERPRISES LIMITED 31 Dec 2014
    09358136 MV MEDIATION LIMITED 17 Dec 2014
    09358933 ADAMS CIVIL'S LTD 17 Dec 2014
    09360661 CTS OFFSHORE LIMITED 18 Dec 2014
    09340264 1ST CARE CUMBRIA LIMITED 04 Dec 2014
    09343931 BAR N01 LTD 08 Dec 2014
    09345780 NARAYAN ANAESTHESIA SERVICES LTD 08 Dec 2014
    09333501 NORTHSTAR NAVIGATIONS LIMITED 01 Dec 2014
    09347803 CASPIAN WORKINGTON LIMITED 09 Dec 2014
    09356814 SWEDES LTD 16 Dec 2014
    09338205 FOXFIELD PARK LTD 03 Dec 2014
    09342672 KNL ENGINEERS LTD 05 Dec 2014
    09341456 RL. NDT LTD 04 Dec 2014
    09359862 B WEB LOCUM LIMITED 18 Dec 2014
    09367693 S.N.SHAH MEDICAL LIMITED 29 Dec 2014
    09342492 DRIVE 1965 LIMITED 05 Dec 2014
    09358789 FERTICO LTD 17 Dec 2014
    09333741 THE HIGH CUBE NETWORK LIMITED 01 Dec 2014
    09336694 PACEY COMPUTING LIMITED 02 Dec 2014