Penrith, Cumbria

2010 Annual Business Confidence Report

Headlines

  • October 2010 saw a new record in company closures in Penrith when compared to any previous October.

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 (2010)

    A total of 105 companies were formed in Penrith in 2010. This total is 7.9% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearPenrithUK
    2010105400,358
    2009114362,675
    2008119349,203
    2007134457,649
    2006121405,440
    Record Year2003 (194)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 46 companies were formed in Penrith. This figure is 29.2% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Penrith occurred in 2002 when a total of 120 were formed.

    Half Year (Jul-Dec)PenrithUK
    201046196,609
    200965180,654
    % change-29.2%8.8%
    Record Year2002 (120)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 17 companies were registered in Penrith during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 50.0% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)PenrithUK
    20101795,117
    20093485,983
    % change-50.0%10.6%
    Record Year 2002 (55) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010863
    New companies in 200917125
    % change-52.9%-50.0%-40.0%
    Record Year2002 (26)2002 (17)2003 (13)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 104 companies were dissolved in Penrith in 2010. This total is 1.9% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearPenrithUK
    2010104342,232
    2009106533,773
    200852237,901
    200761220,295
    200655200,166
    Record Year2009 (106)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 55 companies were dissolved in Penrith. This figure is 16.7% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Penrith occurred in 2009 when a total of 66 were closed.

    Half Year (Jul-Dec)PenrithUK
    201055164,601
    200966244,537
    % change-16.7%-32.7%
    Record Year2009 (66)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 23 companies were dissolved in Penrith during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 34.3% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)PenrithUK
    20102376,896
    20093585,136
    % change-34.3%-9.7%
    Record Year 2009 (35) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    October 2010 saw a new record in company closures in Penrith when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20101094
    Closed companies in 200991412
    % change11.1%-35.7%-67%
    Record Year2010 (10)2009 (14)2009 (12)

Net Company Growth

  1. Annual Data (2010)

    A total of 1 companies were added to the company register for Penrith in 2010. This number represents growth of 0.9% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 7 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2002 when the Penrith company register grew by 157 companies.

    YearPenrithUK
    2010158,126
    20098-171,098
    200867111,302
    200773237,354
    200666205,274
    Record Year2002 (157)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Penrith decreased by 9 companies.

    Half Year (Jul-Dec)PenrithUK
    2010-932,008
    2009-1-63,883
    Record Year2002 (101)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Penrith during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -6 companies.

    fourth quarter (Oct 2010 - Dec 2010)PenrithUK
    2010-618,221
    2009-1847
    Record Year 2002 (45) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-2-3-1
    Net growth in 20098-2-7
    Record Year2002 (22)2002 (13)2003 (12)

UK Company Share

  1. Annual Data (2010)

    In 2010 Penrith formed 0.0% of all UK companies. This is no change on 2009 when Penrith was responsible for 0.0% of all UK companies.

    YearPenrith
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1960 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Penrith formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.

    Half Year (Jul-Dec)Penrith
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1973 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Penrith formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Penrith
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1974 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.0%0.0%
    UK formation share in 20090.1%0.0%0.0%
    % change-58.8%-55.2%-42.8%
    Record Year1974 (0.2%)1968 (0.2%)1965 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 47.3.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 7.1% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 48.8.

    The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 9.6% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 48.6.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 11.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Penrith was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Penrith in 2010 was 35.9%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Penrith was 1860 when 42.9% of all directors were female.

    28.6% of all director appointments in Penrith in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Penrith was in 1977 when 31.1% of all directors were female.

    33.3% of all director appointments in Penrith in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    EDEN4.05%CONSULTING5.06%
    CONSULTING3.15%MANAGEMENT5.01%
    CUMBRIA2.70%CONSULTANCY3.14%
    FARM2.25%PROPERTY2.36%
    P1.80%TRADING2.11%
    MANAGEMENT1.35%ASSOCIATES1.95%
    G1.35%DESIGN1.92%
    HOUSE0.90%BUSINESS1.82%
    R0.90%CONSTRUCTION1.82%
    DEVELOPMENT0.90%CONSULTANTS1.76%
    CENTRE0.90%MEDIA1.71%
    HILL0.90%ENGINEERING1.62%
    ENERGY0.90%LONDON1.60%
    SERVICE0.90%CARE1.45%
    T0.90%INVESTMENTS1.44%
    DR0.90%GLOBAL1.43%
    PARK0.90%J1.42%
    INFORMATION0.45%IT1.41%
    VENTURE0.45%PROPERTIES1.34%
    FEDDON0.45%INTERNATIONAL1.34%
    LYVENNET0.45%BUILDING1.34%
    RENEWABLE0.45%M1.30%
    WESTRAY0.45%ELECTRICAL1.25%
    TECHNOLOGY0.45%SYSTEMS1.24%
    CONSTRUCTION0.45%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied29199,572
    82990 - Other business support service activities not elsewhere classified1327,550
    7487 - Other business activities1263,348
    99999 - Dormant Company1016,285
    9999 - Dormant Company920,144
    70229 - Management consultancy activities other than financial management914,505
    4521 - General construction & civil engineering66,598
    86230 - Dental practice activities51,222
    62020 - Information technology consultancy activities39,177
    85590 - Other education not elsewhere classified31,926
    41201 - Construction of commercial buildings31,462
    96090 - Other service activities not elsewhere classified38,799
    9272 - Other recreational activities31,003
    41100 - Development of building projects33,765
    0141 - Agricultural service activities3380
    7415 - Holding companies including head offices31,851
    5530 - Restaurants34,939
    02400 - Support services to forestry2176
    43210 - Electrical installation22,980
    5263 - Other non-store retail sale21,880

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07450904 G P W CUMBRIA PUMPS LIMITED 25 Nov 2010
    07455409 PSYCHOLEGAL INSIGHT LIMITED 30 Nov 2010
    07444218 MAID2CLEAN CUMBRIA LIMITED 18 Nov 2010
    07441851 SCRUMMY SPUDS LIMITED 17 Nov 2010
    07438212 LOUK LTD. 12 Nov 2010
    07425432 WILL WRIGHT MOTORCYCLES LTD 01 Nov 2010

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