Workington, Cumbria
2011 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2011)
A total of 102 companies were formed in Workington in 2011. This total is 1.0% lower than in 2010 and compares poorly to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Workington UK 2011 102 452,870 2010 103 400,358 2009 67 362,675 2008 105 349,203 2007 128 457,649 Record Year 2002 (178) 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 57 companies were formed in Workington. This figure is 0.0% the same as last year, which compares badly to the UK wide figure of 14.0%.
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 2011 57 224,135 2010 57 196,609 % change 0.0% 14.0% Record Year 2002 (131) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 25 companies were registered in Workington during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 19.4% versus the same period last year (Q4 2010). This figure compares badly 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) Workington UK 2011 25 109,623 2010 31 95,117 % change -19.4% 15.3% Record Year 2002 (56) 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 9 10 6 New companies in 2010 13 10 8 % change -30.8% 0.0% -25.0% Record Year 2002 (21) 2006 (13) 2002 (22)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 77 companies were dissolved in Workington in 2011. This total is 8.3% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Workington UK 2011 77 314,523 2010 84 342,232 2009 90 533,773 2008 51 237,901 2007 40 220,295 Record Year 2004 (205) 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 39 companies were dissolved in Workington. This figure is 7.1% lower than last year, which compares badly to the UK wide change of -7.5%.
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 2011 39 152,213 2010 42 164,601 % change -7.1% -7.5% Record Year 2004 (147) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 18 companies were dissolved in Workington during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 5.3% 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) Workington UK 2011 18 79,983 2010 19 76,896 % change -5.3% 4.0% Record Year 2004 (139) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 5 6 7 Closed companies in 2010 4 6 9 % change 25.0% 0.0% -22% Record Year 2009 (7) 2009 (7) 2004 (132)
Net Company Growth
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Annual Data (2011)
A total of 25 companies were added to the company register for Workington in 2011. This number represents growth of 24.3% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.
This number is 6 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 2011 25 138,347 2010 19 58,126 2009 -23 -171,098 2008 54 111,302 2007 88 237,354 Record Year 2003 (150) 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 Workington increased by 18 companies.
Half Year (Jul-Dec) Workington UK 2011 18 71,922 2010 15 32,008 Record Year 2002 (118) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Workington during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 7 companies.
fourth quarter (Oct 2011 - Dec 2011) Workington UK 2011 7 29,640 2010 12 18,221 Record Year 2002 (48) 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 4 4 -1 Net growth in 2010 9 4 -1 Record Year 2002 (20) 2006 (9) 2002 (19)
UK Company Share
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Annual Data (2011)
In 2011 Workington formed 0.0% of all UK companies. This is no change on 2010 when Workington was responsible for 0.0% of all UK companies.
Year Workington 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 2002 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Workington formed 0.0% of all UK companies. This is the same as the 2010 figure of 0.0%.
Half Year (Jul-Dec) Workington 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1969 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Workington formed 0.0% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Workington 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1969 (0.1%) 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 -39.6% -14.8% -33.6% Record Year 1969 (0.2%) 1969 (0.2%) 1966 (0.2%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 46.5.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.5% 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 47.5.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 9.5% 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 47.5.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 8.8% 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 Workington was 1857 when 36.4% of all directors were female.
The percentage of female directors in Workington in 2011 was 44.0%. 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 Workington was 1860 when 42.9% of all directors were female.
26.5% of all director appointments in Workington 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 Workington was in 1977 when 31.1% of all directors were female.
24.4% of all director appointments in Workington 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 CUMBRIA 4.50% CONSULTING 5.07% ENGINEERING 3.00% MANAGEMENT 4.74% (CUMBRIA) 2.50% CONSULTANCY 3.26% (WORKINGTON) 2.00% PROPERTY 2.37% ENTERPRISES 1.50% TRADING 2.07% CUMBRIAN 1.50% DESIGN 1.92% SMOOTHIES 1.50% ASSOCIATES 1.86% SOLWAY 1.50% ENGINEERING 1.78% SUPPORT 1.00% BUSINESS 1.78% INSPECTION 1.00% CONSULTANTS 1.76% SAFETY 1.00% CONSTRUCTION 1.73% WASTE 1.00% MEDIA 1.71% FOR 1.00% LONDON 1.63% DISTRICT 1.00% J 1.51% OPERA 1.00% INVESTMENTS 1.48% ACTION 1.00% GLOBAL 1.46% DOBIES 1.00% IT 1.41% DERWENT 1.00% CARE 1.39% FITNESS 1.00% PROPERTIES 1.29% LAKE 1.00% ELECTRICAL 1.29% W 1.00% M 1.27% DRINKS 1.00% BUILDING 1.26% CENTRE 1.00% ENERGY 1.25% PROJECT 1.00% S 1.20% CONSULTANTS 1.00% 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 30 205,525 7487 - Other business activities 17 57,052 82990 - Other business support service activities not elsewhere classified 9 32,483 70229 - Management consultancy activities other than financial management 9 17,765 43999 - Other specialised construction activities not elsewhere classified 4 3,342 99999 - Dormant Company 4 21,846 7420 - Architectural, technical consult 3 1,569 7414 - Business & management consultancy 3 13,034 41202 - Construction of domestic buildings 3 2,598 74909 - Other professional, scientific and technical activities not elsewhere classified 3 8,671 71129 - Other engineering activities 3 1,823 7411 - Legal activities 2 1,267 96090 - Other service activities not elsewhere classified 2 11,768 4533 - Plumbing 2 1,374 4521 - General construction & civil engineering 2 5,558 56302 - Public houses and bars 2 2,308 4544 - Painting and glazing 2 614 7011 - Development & sell real estate 2 2,287 49320 - Taxi operation 2 817 03110 - Marine fishing 2 123
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07872086 CHRISTOPHER PALMER ENGINEERING LIMITED 06 Dec 2011 07874375 PK ENTERPRISES (CUMBRIA) LIMITED 07 Dec 2011 07883687 VUDEX UK LIMITED 15 Dec 2011 07883990 ROBINSON+CO (CUMBRIA) LIMITED 15 Dec 2011 07885516 LWYLIE SERVICES LTD 19 Dec 2011 07886725 CLUB ICE (WORKINGTON) LIMITED 19 Dec 2011