Cumbria
2014 Annual Business Confidence Report
Contents
New Company Registrations
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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.
Year Cumbria UK 2014 2,421 582,051 2013 2,197 529,363 2012 1,966 491,893 2011 1,866 452,870 2010 1,665 400,358 Record Year 2014 (2,421) 2014 (582,051) New Companies by Year
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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) Cumbria UK 2014 1,135 281,320 2013 1,085 259,931 % change 4.6% 8.2% Record Year 2002 (1,389) 2014 (281,320) New Companies by Half Year
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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) Cumbria UK 2014 545 137,906 2013 552 127,247 % change -1.3% 8.4% Record Year 2013 (552) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 212 192 141 New companies in 2013 234 169 149 % change -9.4% 13.6% -5.4% Record Year 2002 (259) 2002 (217) 2002 (183)
Closed Companies (dissolved)
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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.
Year Cumbria UK 2014 1,495 367,937 2013 1,314 332,213 2012 1,184 293,729 2011 1,259 314,524 2010 1,413 342,233 Record Year 2009 (1,767) 2009 (533,789) Dissolved Companies by Year
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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) Cumbria UK 2014 765 190,730 2013 731 177,021 % change 4.7% 7.7% Record Year 2009 (1,064) 2009 (244,544) Dissolved Companies by Half Year
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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) Cumbria UK 2014 374 89,060 2013 355 90,851 % change 5.4% -2.0% Record Year 2009 (541) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 95 128 151 Closed companies in 2013 121 110 124 % change -21.5% 16.4% 22% Record Year 2009 (183) 2009 (157) 2009 (201)
Net Company Growth
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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.
Year Cumbria UK 2014 926 214,114 2013 883 197,150 2012 782 198,164 2011 607 138,346 2010 252 58,125 Record Year 2007 (1,461) 2007 (237,353) Net Growth by Year
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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) Cumbria UK 2014 370 90,590 2013 354 82,910 Record Year 2002 (1,169) 2003 (117,772) Net Growth by Half Year
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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) Cumbria UK 2014 171 48,846 2013 197 36,396 Record Year 2006 (304) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 117 64 -10 Net growth in 2013 113 59 25 Record Year 2002 (227) 2002 (177) 2002 (158)
UK Company Share
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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.
Year 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 Year
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 2002 (0.9%) Company Share by Half Year
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 2002 (0.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.4% 0.4% 0.3% UK formation share in 2013 0.5% 0.4% 0.4% % change -13.8% 7.9% -19.0% Record Year 2002 (0.8%) 2002 (0.8%) 2002 (0.8%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 3.09% CONSULTING 5.22% CUMBRIA 2.43% MANAGEMENT 4.58% (CUMBRIA) 2.30% CONSULTANCY 3.57% MANAGEMENT 1.83% PROPERTY 2.66% J 1.26% CONSTRUCTION 2.12% ELECTRICAL 1.14% ENGINEERING 2.10% CONSULTING 1.10% CARE 2.02% M 0.98% TRADING 1.94% OFFSHORE 0.95% LONDON 1.93% D 0.88% TRANSPORT 1.93% S 0.88% DESIGN 1.66% PROJECT 0.79% CONSULTANTS 1.64% TECHNICAL 0.79% ELECTRICAL 1.62% C 0.76% PROPERTIES 1.62% R 0.76% BUSINESS 1.56% LAKES 0.73% J 1.54% CONSULTANCY 0.73% CO., 1.50% CONSULTANTS 0.73% GLOBAL 1.49% TRAINING 0.66% INVESTMENTS 1.48% DESIGN 0.66% ASSOCIATES 1.47% CONSTRUCTION 0.66% DEVELOPMENTS 1.35% PROPERTIES 0.63% MEDIA 1.33% L 0.63% IT 1.31% PROJECTS 0.60% BUILDING 1.29% B 0.57% M 1.22%
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 713 265,608 82990 - Other business support service activities not elsewhere classified 324 58,068 70229 - Management consultancy activities other than financial management 160 42,290 71129 - Other engineering activities 159 6,132 74909 - Other professional, scientific and technical activities not elsewhere classified 150 19,049 96090 - Other service activities not elsewhere classified 148 29,009 99999 - Dormant Company 148 48,509 43999 - Other specialised construction activities not elsewhere classified 67 8,761 68209 - Other letting and operating of own or leased real estate 60 11,212 42990 - Construction of other civil engineering projects not elsewhere classified 55 2,701 62020 - Information technology consultancy activities 55 30,178 56302 - Public houses and bars 51 6,285 43210 - Electrical installation 50 5,985 56101 - Licensed restaurants 48 8,782 41100 - Development of building projects 47 11,397 96020 - Hairdressing and other beauty treatment 47 6,742 62090 - Other information technology service activities 46 12,837 45200 - Maintenance and repair of motor vehicles 43 5,425 71122 - Engineering related scientific and technical consulting activities 41 3,184 86900 - Other human health activities 40 12,976
Recent Companies
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Randomly selected companies from this quarter
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