Cumbria
Q1 2015 Business Confidence Report
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 623 companies were registered in Cumbria during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is a decrease of 3.4% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Cumbria UK 2015 623 161,156 2014 645 150,722 % change -3.4% 6.9% Record Year 2007 (799) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
New Companies by Month
January February March New companies in 2015 178 205 240 New companies in 2014 196 199 250 % change -9.2% 3.0% -4.0% Record Year 2014 (196) 2007 (298) 2007 (322)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 329 companies were dissolved in Cumbria during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 2.8% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Cumbria UK 2015 329 89,523 2014 320 82,370 % change 2.8% 8.7% Record Year 2010 (399) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 89 109 131 Closed companies in 2014 91 122 107 % change -2.2% -10.7% 22% Record Year 2010 (162) 2014 (122) 2010 (155)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Cumbria during the first quarter of 2015 (Jan 2015 - Mar 2015) was 294 companies.
first quarter (Jan 2015 - Mar 2015) Cumbria UK 2015 294 71,633 2014 325 68,352 Record Year 2007 (575) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 89 96 109 Net growth in 2014 105 77 143 Record Year 2003 (151) 2007 (227) 2007 (257)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Cumbria formed 0.4% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Cumbria 2015 0.4% 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% Record Year (since 1960) 2003 (0.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.4% 0.4% 0.4% UK formation share in 2014 0.4% 0.4% 0.4% % change -10.9% -5.1% -12.5% Record Year 2003 (0.6%) 2003 (0.7%) 2003 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 45.5.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Cumbria was in 2007 when 37.0% of all directors were female.
31.4% of all director appointments in Cumbria in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 2.77% CONSULTING 5.23% CUMBRIA 2.26% MANAGEMENT 4.56% (CUMBRIA) 1.97% CONSULTANCY 3.62% MANAGEMENT 1.97% PROPERTY 2.72% J 1.34% CONSTRUCTION 2.19% CONSULTING 1.18% CARE 2.13% ELECTRICAL 1.14% ENGINEERING 2.12% PROJECT 0.86% LONDON 1.91% S 0.86% TRADING 1.88% R 0.83% TRANSPORT 1.82% M 0.83% ELECTRICAL 1.76% D 0.83% DESIGN 1.65% OFFSHORE 0.76% PROPERTIES 1.63% DESIGN 0.73% CO., 1.58% TRAINING 0.70% J 1.55% HOUSE 0.67% CONSULTANTS 1.54% P 0.67% BUSINESS 1.49% CONSULTANCY 0.64% INVESTMENTS 1.49% TECHNICAL 0.64% GLOBAL 1.46% LAKES 0.64% ASSOCIATES 1.44% PROPERTIES 0.60% DEVELOPMENTS 1.36% CONSTRUCTION 0.60% BUILDING 1.31% C 0.60% IT 1.30% L 0.60% MEDIA 1.28% CONSULTANTS 0.60% M 1.27%
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 803 288,953 82990 - Other business support service activities not elsewhere classified 344 58,522 70229 - Management consultancy activities other than financial management 171 43,081 71129 - Other engineering activities 164 6,278 74909 - Other professional, scientific and technical activities not elsewhere classified 159 19,098 96090 - Other service activities not elsewhere classified 153 29,218 99999 - Dormant Company 144 49,474 43999 - Other specialised construction activities not elsewhere classified 69 9,080 68209 - Other letting and operating of own or leased real estate 65 11,600 42990 - Construction of other civil engineering projects not elsewhere classified 60 2,565 56302 - Public houses and bars 58 6,355 62020 - Information technology consultancy activities 57 30,825 43210 - Electrical installation 54 6,139 41100 - Development of building projects 51 11,863 56101 - Licensed restaurants 51 8,909 96020 - Hairdressing and other beauty treatment 49 6,815 86900 - Other human health activities 47 13,990 62090 - Other information technology service activities 46 12,862 45200 - Maintenance and repair of motor vehicles 39 5,392 71122 - Engineering related scientific and technical consulting activities 37 3,174
Recent Companies
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Randomly selected companies from this quarter
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