Workington, Cumbria
2010 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2010)
A total of 103 companies were formed in Workington in 2010. This total is 53.7% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Workington UK 2010 103 400,358 2009 67 362,675 2008 105 349,203 2007 128 457,649 2006 104 405,440 Record Year 2002 (178) 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 57 companies were formed in Workington. This figure is 67.6% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Workington occurred in 2002 when a total of 131 were formed.
Half Year (Jul-Dec) Workington UK 2010 57 196,609 2009 34 180,654 % change 67.6% 8.8% Record Year 2002 (131) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 31 companies were registered in Workington during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 138.5% versus the same period last year (Q4 2009). This figure compares well 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) Workington UK 2010 31 95,117 2009 13 85,983 % change 138.5% 10.6% Record Year 2002 (56) 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 13 10 8 New companies in 2009 6 4 3 % change 116.7% 150.0% 166.7% Record Year 2002 (21) 2006 (13) 2002 (22)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 84 companies were dissolved in Workington in 2010. This total is 6.7% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Workington UK 2010 84 342,232 2009 90 533,773 2008 51 237,901 2007 40 220,295 2006 41 200,166 Record Year 2004 (205) 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 42 companies were dissolved in Workington. This figure is 20.8% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Workington occurred in 2004 when a total of 147 were closed.
Half Year (Jul-Dec) Workington UK 2010 42 164,601 2009 53 244,537 % change -20.8% -32.7% Record Year 2004 (147) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 19 companies were dissolved in Workington during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 17.4% 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) Workington UK 2010 19 76,896 2009 23 85,136 % change -17.4% -9.7% Record Year 2004 (139) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 4 6 9 Closed companies in 2009 7 7 9 % change -42.9% -14.3% 0% Record Year 2001 (7) 2009 (7) 2004 (132)
Net Company Growth
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Annual Data (2010)
A total of 19 companies were added to the company register for Workington in 2010. This number represents growth of 28.4% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 42 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Workington company register grew by 150 companies.
Year Workington UK 2010 19 58,126 2009 -23 -171,098 2008 54 111,302 2007 88 237,354 2006 63 205,274 Record Year 2003 (150) 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 Workington increased by 15 companies.
Half Year (Jul-Dec) Workington UK 2010 15 32,008 2009 -19 -63,883 Record Year 2002 (118) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Workington during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 12 companies.
fourth quarter (Oct 2010 - Dec 2010) Workington UK 2010 12 18,221 2009 -10 847 Record Year 2002 (48) 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 9 4 -1 Net growth in 2009 -1 -3 -6 Record Year 2002 (20) 2006 (9) 2002 (19)
UK Company Share
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Annual Data (2010)
In 2010 Workington formed 0.0% of all UK companies. This is no change on 2009 when Workington was responsible for 0.0% of all UK companies.
Year Workington 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 2002 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Workington formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.
Half Year (Jul-Dec) Workington 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1969 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Workington formed 0.0% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Workington 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1969 (0.1%) 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 0.0% 0.0% 0.0% % change 89.2% 123.8% 154.3% Record Year 1969 (0.2%) 1969 (0.2%) 1966 (0.2%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 45.9.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 1.4% 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 46.5.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 0.0% 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 48.5.
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 0.0% 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 Workington was 1857 when 36.4% of all directors were female.
The percentage of female directors in Workington in 2010 was 34.3%. 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 Workington was 1860 when 42.9% of all directors were female.
32.1% of all director appointments in Workington 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 Workington was in 1977 when 31.1% of all directors were female.
40.0% of all director appointments in Workington 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 CUMBRIA 3.92% CONSULTING 5.06% (CUMBRIA) 3.43% MANAGEMENT 5.01% D 2.45% CONSULTANCY 3.14% MANAGEMENT 2.45% PROPERTY 2.36% M 1.96% TRADING 2.11% J 1.96% ASSOCIATES 1.95% ENGINEERING 1.47% DESIGN 1.92% P 1.47% BUSINESS 1.82% ENTERPRISES 1.47% CONSTRUCTION 1.82% SYSTEMS 1.47% CONSULTANTS 1.76% PROJECT 1.47% MEDIA 1.71% PROPERTY 1.47% ENGINEERING 1.62% SAFETY 1.47% LONDON 1.60% CONSULTANTS 0.98% CARE 1.45% ELITE 0.98% INVESTMENTS 1.44% PROPERTIES 0.98% GLOBAL 1.43% RESEARCH 0.98% J 1.42% NEW 0.98% IT 1.41% W 0.98% PROPERTIES 1.34% CONSULTING 0.98% INTERNATIONAL 1.34% NUCLEAR 0.98% BUILDING 1.34% MARINE 0.98% M 1.30% HOUSE 0.98% ELECTRICAL 1.25% DEVELOPMENTS 0.98% SYSTEMS 1.24% S 0.98% 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 34 199,572 7487 - Other business activities 24 63,348 82990 - Other business support service activities not elsewhere classified 8 27,550 70229 - Management consultancy activities other than financial management 6 14,505 8022 - Technical & vocational secondary 4 260 71129 - Other engineering activities 3 1,513 4533 - Plumbing 3 1,526 7420 - Architectural, technical consult 3 1,848 43999 - Other specialised construction activities not elsewhere classified 3 2,854 68100 - Buying and selling of own real estate 3 2,446 8042 - Adult and other education 2 2,142 5540 - Bars 2 2,093 96020 - Hairdressing and other beauty treatment 2 1,873 42990 - Construction of other civil engineering projects not elsewhere classified 2 1,430 74909 - Other professional, scientific and technical activities not elsewhere classified 2 7,088 9305 - Other service activities 2 8,858 5246 - Retail hardware, paints & glass 2 114 9999 - Dormant Company 2 20,144 43342 - Glazing 2 354 7430 - Technical testing and analysis 2 523
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07417478 FAIRLADIES SERVICES LIMITED 25 Oct 2010 07415426 BIGGER FISH RESEARCH TRAINING AND CONSULTANCY CIC 21 Oct 2010 07414303 PRACTICAL SAFETY SOLUTIONS LTD 21 Oct 2010 07413166 UK HOSTZ LTD 20 Oct 2010 07410664 WESTLAKES NUCLEAR LIMITED 18 Oct 2010 07409056 CASTLEFIELD PROPERTY SERVICES LIMITED 15 Oct 2010 07407231 WINTERTON PROJECTS LIMITED 14 Oct 2010 07406358 BLUE TOKAY LIMITED 13 Oct 2010 07402042 P SULLIVAN MANAGEMENT SERVICES LIMITED 11 Oct 2010 07397379 SPARKY'S TAXIS LIMITED 05 Oct 2010 07394643 PHILIP JARDINE ASSOCIATES LIMITED 01 Oct 2010 07394160 J MCKEOWN LTD 01 Oct 2010 07393869 HUNDAY FARM LIMITED 01 Oct 2010