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
New Company Registrations
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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.
Year Penrith UK 2010 105 400,358 2009 114 362,675 2008 119 349,203 2007 134 457,649 2006 121 405,440 Record Year 2003 (194) 2007 (457,649) New Companies by Year
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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) Penrith UK 2010 46 196,609 2009 65 180,654 % change -29.2% 8.8% Record Year 2002 (120) 2003 (201,446) New Companies by Half Year
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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) Penrith UK 2010 17 95,117 2009 34 85,983 % change -50.0% 10.6% Record Year 2002 (55) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 8 6 3 New companies in 2009 17 12 5 % change -52.9% -50.0% -40.0% Record Year 2002 (26) 2002 (17) 2003 (13)
Closed Companies (dissolved)
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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.
Year Penrith UK 2010 104 342,232 2009 106 533,773 2008 52 237,901 2007 61 220,295 2006 55 200,166 Record Year 2009 (106) 2009 (533,773) Dissolved Companies by Year
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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) Penrith UK 2010 55 164,601 2009 66 244,537 % change -16.7% -32.7% Record Year 2009 (66) 2009 (244,537) Dissolved Companies by Half Year
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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) Penrith UK 2010 23 76,896 2009 35 85,136 % change -34.3% -9.7% Record Year 2009 (35) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 10 9 4 Closed companies in 2009 9 14 12 % change 11.1% -35.7% -67% Record Year 2010 (10) 2009 (14) 2009 (12)
Net Company Growth
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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.
Year Penrith UK 2010 1 58,126 2009 8 -171,098 2008 67 111,302 2007 73 237,354 2006 66 205,274 Record Year 2002 (157) 2003 (242,543) Net Growth by Year
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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) Penrith UK 2010 -9 32,008 2009 -1 -63,883 Record Year 2002 (101) 2003 (117,772) Net Growth by Half Year
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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) Penrith UK 2010 -6 18,221 2009 -1 847 Record Year 2002 (45) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -2 -3 -1 Net growth in 2009 8 -2 -7 Record Year 2002 (22) 2002 (13) 2003 (12)
UK Company Share
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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.
Year Penrith 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1960 (0.1%) Company Share by Year
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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 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1973 (0.1%) Company Share by Half Year
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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 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1974 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.0% 0.0% 0.0% UK formation share in 2009 0.1% 0.0% 0.0% % change -58.8% -55.2% -42.8% Record Year 1974 (0.2%) 1968 (0.2%) 1965 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage EDEN 4.05% CONSULTING 5.06% CONSULTING 3.15% MANAGEMENT 5.01% CUMBRIA 2.70% CONSULTANCY 3.14% FARM 2.25% PROPERTY 2.36% P 1.80% TRADING 2.11% MANAGEMENT 1.35% ASSOCIATES 1.95% G 1.35% DESIGN 1.92% HOUSE 0.90% BUSINESS 1.82% R 0.90% CONSTRUCTION 1.82% DEVELOPMENT 0.90% CONSULTANTS 1.76% CENTRE 0.90% MEDIA 1.71% HILL 0.90% ENGINEERING 1.62% ENERGY 0.90% LONDON 1.60% SERVICE 0.90% CARE 1.45% T 0.90% INVESTMENTS 1.44% DR 0.90% GLOBAL 1.43% PARK 0.90% J 1.42% INFORMATION 0.45% IT 1.41% VENTURE 0.45% PROPERTIES 1.34% FEDDON 0.45% INTERNATIONAL 1.34% LYVENNET 0.45% BUILDING 1.34% RENEWABLE 0.45% M 1.30% WESTRAY 0.45% ELECTRICAL 1.25% TECHNOLOGY 0.45% SYSTEMS 1.24% CONSTRUCTION 0.45% S 1.23%
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 29 199,572 82990 - Other business support service activities not elsewhere classified 13 27,550 7487 - Other business activities 12 63,348 99999 - Dormant Company 10 16,285 9999 - Dormant Company 9 20,144 70229 - Management consultancy activities other than financial management 9 14,505 4521 - General construction & civil engineering 6 6,598 86230 - Dental practice activities 5 1,222 62020 - Information technology consultancy activities 3 9,177 85590 - Other education not elsewhere classified 3 1,926 41201 - Construction of commercial buildings 3 1,462 96090 - Other service activities not elsewhere classified 3 8,799 9272 - Other recreational activities 3 1,003 41100 - Development of building projects 3 3,765 0141 - Agricultural service activities 3 380 7415 - Holding companies including head offices 3 1,851 5530 - Restaurants 3 4,939 02400 - Support services to forestry 2 176 43210 - Electrical installation 2 2,980 5263 - Other non-store retail sale 2 1,880
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07480143 TREETYME LTD 30 Dec 2010 07477400 BROADMEADOWS FARM 23 Dec 2010 07456682 RADCLIFFE CONSULTING LTD 01 Dec 2010