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Penrith, Cumbria

2011 Annual Business Confidence Report

Headlines

  • October 2011 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 (2011)

    A total of 111 companies were formed in Penrith in 2011. This total is 5.7% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearPenrithUK
    2011111452,870
    2010105400,358
    2009114362,675
    2008119349,203
    2007134457,649
    Record Year2003 (194)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 53 companies were formed in Penrith. This figure is 15.2% higher than last year, which compares well to the UK wide figure of 14.0%.

    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
    201153224,135
    201046196,609
    % change15.2%14.0%
    Record Year2002 (120)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 26 companies were registered in Penrith during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 52.9% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)PenrithUK
    201126109,623
    20101795,117
    % change52.9%15.3%
    Record Year 2002 (55) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20111187
    New companies in 2010863
    % change37.5%33.3%133.3%
    Record Year2002 (26)2002 (17)2003 (13)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 88 companies were dissolved in Penrith in 2011. This total is 15.4% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.

    YearPenrithUK
    201188314,523
    2010104342,232
    2009106533,773
    200852237,901
    200761220,295
    Record Year2009 (106)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 41 companies were dissolved in Penrith. This figure is 25.5% lower than last year, which compares well to the UK wide change of -7.5%.

    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
    201141152,213
    201055164,601
    % change-25.5%-7.5%
    Record Year2009 (66)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 22 companies were dissolved in Penrith during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 4.3% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)PenrithUK
    20112279,983
    20102376,896
    % change-4.3%4.0%
    Record Year 2009 (35) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    October 2011 saw a new record in company closures in Penrith when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20111174
    Closed companies in 20101094
    % change10.0%-22.2%0%
    Record Year2011 (11)2009 (14)2009 (12)

Net Company Growth

  1. Annual Data (2011)

    A total of 23 companies were added to the company register for Penrith in 2011. This number represents growth of 21.9% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.

    This number is 22 companies higher 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
    201123138,347
    2010158,126
    20098-171,098
    200867111,302
    200773237,354
    Record Year2002 (157)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Penrith increased by 12 companies.

    Half Year (Jul-Dec)PenrithUK
    20111271,922
    2010-932,008
    Record Year2002 (101)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Penrith during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 4 companies.

    fourth quarter (Oct 2011 - Dec 2011)PenrithUK
    2011429,640
    2010-618,221
    Record Year 2002 (45) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2011013
    Net growth in 2010-2-3-1
    Record Year2002 (22)2002 (13)2003 (12)

UK Company Share

  1. Annual Data (2011)

    In 2011 Penrith formed 0.0% of all UK companies. This is no change on 2010 when Penrith was responsible for 0.0% of all UK companies.

    YearPenrith
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960)1960 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Penrith formed 0.0% of all UK companies. This is the same as the 2010 figure of 0.0%.

    Half Year (Jul-Dec)Penrith
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960) 1973 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    In the fourth quarter of 2011, Penrith formed 0.0% of all UK companies.

    fourth quarter (Oct 2011 - Dec 2011)Penrith
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960) 1974 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.0%0.0%0.0%
    UK formation share in 20100.0%0.0%0.0%
    % change19.3%13.1%106.3%
    Record Year1974 (0.2%)1968 (0.2%)1965 (0.2%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 47.8.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 46.0.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 48.0.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    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 2011 was 36.1%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

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

    28.4% of all director appointments in Penrith in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    29.3% of all director appointments in Penrith in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2010-Dec 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.52%CONSULTING5.07%
    CUMBRIA2.10%MANAGEMENT4.74%
    EDEN1.68%CONSULTANCY3.26%
    CONSULTANTS1.26%PROPERTY2.37%
    CONSULTING1.26%TRADING2.07%
    PENRITH1.26%DESIGN1.92%
    BUSINESS0.84%ASSOCIATES1.86%
    BUILDING0.84%ENGINEERING1.78%
    LAKES0.84%BUSINESS1.78%
    MARK0.84%CONSULTANTS1.76%
    JEWELLERY0.84%CONSTRUCTION1.73%
    ENGINEERING0.84%MEDIA1.71%
    CONSULTANCY0.84%LONDON1.63%
    M0.84%J1.51%
    POULTRY0.84%INVESTMENTS1.48%
    COMMUNITY0.84%GLOBAL1.46%
    PATTINSON0.84%IT1.41%
    SPORTS0.84%CARE1.39%
    D0.84%PROPERTIES1.29%
    DEVELOPMENTS0.84%ELECTRICAL1.29%
    ACCOUNTANCY0.84%M1.27%
    SOLANKI0.84%BUILDING1.26%
    PROPERTY0.84%ENERGY1.25%
    WEAR0.42%S1.20%
    FORMAL0.42%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied31205,525
    70229 - Management consultancy activities other than financial management1417,765
    82990 - Other business support service activities not elsewhere classified1232,483
    99999 - Dormant Company1021,846
    7487 - Other business activities757,052
    86230 - Dental practice activities51,598
    9999 - Dormant Company520,199
    56302 - Public houses and bars42,308
    8512 - Medical practice activities32,224
    7415 - Holding companies including head offices31,653
    9305 - Other service activities29,492
    02200 - Logging266
    5190 - Other wholesale21,335
    69201 - Accounting and auditing activities23,633
    9262 - Other sporting activities21,650
    4521 - General construction & civil engineering25,558
    02400 - Support services to forestry2178
    56102 - Unlicenced restaurants and cafes2510
    5263 - Other non-store retail sale21,888
    86210 - General medical practice activities22,285

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07794511 EDEN BREWERY LIMITED 03 Oct 2011
    07811968 SFG ELECTRICAL SERVICES(CUMBRIA) LIMITED 17 Oct 2011
    07818002 GLEDHOW IMPROVEMENT PARTNERS LTD 20 Oct 2011
    07825513 RACHAEL'S KITCHEN GRANOLA LIMITED 27 Oct 2011
    07803669 VENCOMATIC POULTRY UK LIMITED 10 Oct 2011
    07808762 A & H RETAIL LIMITED 13 Oct 2011
    07811584 ARCHIPELAGO AZORES LIMITED 17 Oct 2011
    07812180 O'REILLY HAWES LIMITED 17 Oct 2011
    07816687 POULTRY SYSTEMS UK LIMITED 20 Oct 2011
    07817595 CASTLE FOUNDRY MANAGEMENT LIMITED 20 Oct 2011
    07819771 FRENCHFIELD PROPERTIES LIMITED 21 Oct 2011

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