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
New Company Registrations
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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.
Year Penrith UK 2011 111 452,870 2010 105 400,358 2009 114 362,675 2008 119 349,203 2007 134 457,649 Record Year 2003 (194) 2007 (457,649) New Companies by Year
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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) Penrith UK 2011 53 224,135 2010 46 196,609 % change 15.2% 14.0% Record Year 2002 (120) 2011 (224,135) New Companies by Half Year
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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) Penrith UK 2011 26 109,623 2010 17 95,117 % change 52.9% 15.3% Record Year 2002 (55) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 11 8 7 New companies in 2010 8 6 3 % change 37.5% 33.3% 133.3% Record Year 2002 (26) 2002 (17) 2003 (13)
Closed Companies (dissolved)
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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.
Year Penrith UK 2011 88 314,523 2010 104 342,232 2009 106 533,773 2008 52 237,901 2007 61 220,295 Record Year 2009 (106) 2009 (533,773) Dissolved Companies by Year
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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) Penrith UK 2011 41 152,213 2010 55 164,601 % change -25.5% -7.5% Record Year 2009 (66) 2009 (244,537) Dissolved Companies by Half Year
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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) Penrith UK 2011 22 79,983 2010 23 76,896 % change -4.3% 4.0% Record Year 2009 (35) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2011 11 7 4 Closed companies in 2010 10 9 4 % change 10.0% -22.2% 0% Record Year 2011 (11) 2009 (14) 2009 (12)
Net Company Growth
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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.
Year Penrith UK 2011 23 138,347 2010 1 58,126 2009 8 -171,098 2008 67 111,302 2007 73 237,354 Record Year 2002 (157) 2003 (242,543) Net Growth by Year
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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) Penrith UK 2011 12 71,922 2010 -9 32,008 Record Year 2002 (101) 2003 (117,772) Net Growth by Half Year
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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) Penrith UK 2011 4 29,640 2010 -6 18,221 Record Year 2002 (45) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 0 1 3 Net growth in 2010 -2 -3 -1 Record Year 2002 (22) 2002 (13) 2003 (12)
UK Company Share
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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.
Year Penrith 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1960 (0.1%) Company Share by Year
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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 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1973 (0.1%) Company Share by Half Year
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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 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1974 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.0% 0.0% 0.0% UK formation share in 2010 0.0% 0.0% 0.0% % change 19.3% 13.1% 106.3% Record Year 1974 (0.2%) 1968 (0.2%) 1965 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.52% CONSULTING 5.07% CUMBRIA 2.10% MANAGEMENT 4.74% EDEN 1.68% CONSULTANCY 3.26% CONSULTANTS 1.26% PROPERTY 2.37% CONSULTING 1.26% TRADING 2.07% PENRITH 1.26% DESIGN 1.92% BUSINESS 0.84% ASSOCIATES 1.86% BUILDING 0.84% ENGINEERING 1.78% LAKES 0.84% BUSINESS 1.78% MARK 0.84% CONSULTANTS 1.76% JEWELLERY 0.84% CONSTRUCTION 1.73% ENGINEERING 0.84% MEDIA 1.71% CONSULTANCY 0.84% LONDON 1.63% M 0.84% J 1.51% POULTRY 0.84% INVESTMENTS 1.48% COMMUNITY 0.84% GLOBAL 1.46% PATTINSON 0.84% IT 1.41% SPORTS 0.84% CARE 1.39% D 0.84% PROPERTIES 1.29% DEVELOPMENTS 0.84% ELECTRICAL 1.29% ACCOUNTANCY 0.84% M 1.27% SOLANKI 0.84% BUILDING 1.26% PROPERTY 0.84% ENERGY 1.25% WEAR 0.42% S 1.20% FORMAL 0.42% ENTERPRISES 1.20%
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 31 205,525 70229 - Management consultancy activities other than financial management 14 17,765 82990 - Other business support service activities not elsewhere classified 12 32,483 99999 - Dormant Company 10 21,846 7487 - Other business activities 7 57,052 86230 - Dental practice activities 5 1,598 9999 - Dormant Company 5 20,199 56302 - Public houses and bars 4 2,308 8512 - Medical practice activities 3 2,224 7415 - Holding companies including head offices 3 1,653 9305 - Other service activities 2 9,492 02200 - Logging 2 66 5190 - Other wholesale 2 1,335 69201 - Accounting and auditing activities 2 3,633 9262 - Other sporting activities 2 1,650 4521 - General construction & civil engineering 2 5,558 02400 - Support services to forestry 2 178 56102 - Unlicenced restaurants and cafes 2 510 5263 - Other non-store retail sale 2 1,888 86210 - General medical practice activities 2 2,285
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07860547 LD SERVICES (2011) LTD 25 Nov 2011 07865065 STOMPING GROUND CIC 29 Nov 2011 07838439 WHITE ROCK CONSULTANTS LIMITED 08 Nov 2011 07841381 THOMPSON LIVESTOCK LTD 09 Nov 2011 07845472 INGLEWOOD ROAD MANAGEMENT LTD 11 Nov 2011 07850260 FRANK BOYLE LIMITED 16 Nov 2011 07855738 QUATTROSONICS LIMITED 22 Nov 2011 07864200 COOLAKIN LIMITED 29 Nov 2011