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Workington, Cumbria

2011 Annual Business Confidence Report

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 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.

    YearWorkingtonUK
    2011102452,870
    2010103400,358
    200967362,675
    2008105349,203
    2007128457,649
    Record Year2002 (178)2007 (457,649)
    New Companies by Year
  2. 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)WorkingtonUK
    201157224,135
    201057196,609
    % change0.0%14.0%
    Record Year2002 (131)2011 (224,135)
    New Companies by Half Year
  3. 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)WorkingtonUK
    201125109,623
    20103195,117
    % change-19.4%15.3%
    Record Year 2002 (56) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20119106
    New companies in 201013108
    % change-30.8%0.0%-25.0%
    Record Year2002 (21)2006 (13)2002 (22)

Closed Companies (dissolved)

  1. 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.

    YearWorkingtonUK
    201177314,523
    201084342,232
    200990533,773
    200851237,901
    200740220,295
    Record Year2004 (205)2009 (533,773)
    Dissolved Companies by Year
  2. 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)WorkingtonUK
    201139152,213
    201042164,601
    % change-7.1%-7.5%
    Record Year2004 (147)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)WorkingtonUK
    20111879,983
    20101976,896
    % change-5.3%4.0%
    Record Year 2004 (139) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011567
    Closed companies in 2010469
    % change25.0%0.0%-22%
    Record Year2009 (7)2009 (7)2004 (132)

Net Company Growth

  1. 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.

    YearWorkingtonUK
    201125138,347
    20101958,126
    2009-23-171,098
    200854111,302
    200788237,354
    Record Year2003 (150)2003 (242,543)
    Net Growth by Year
  2. 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)WorkingtonUK
    20111871,922
    20101532,008
    Record Year2002 (118)2003 (117,772)
    Net Growth by Half Year
  3. 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)WorkingtonUK
    2011729,640
    20101218,221
    Record Year 2002 (48) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201144-1
    Net growth in 201094-1
    Record Year2002 (20)2006 (9)2002 (19)

UK Company Share

  1. 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.

    YearWorkington
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960)2002 (0.1%)
    Company Share by Year
  2. 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
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960) 1969 (0.1%)
    Company Share by Half Year
  3. 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
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960) 1969 (0.1%)
    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%
    % change-39.6%-14.8%-33.6%
    Record Year1969 (0.2%)1969 (0.2%)1966 (0.2%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  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
    CUMBRIA4.50%CONSULTING5.07%
    ENGINEERING3.00%MANAGEMENT4.74%
    (CUMBRIA)2.50%CONSULTANCY3.26%
    (WORKINGTON)2.00%PROPERTY2.37%
    ENTERPRISES1.50%TRADING2.07%
    CUMBRIAN1.50%DESIGN1.92%
    SMOOTHIES1.50%ASSOCIATES1.86%
    SOLWAY1.50%ENGINEERING1.78%
    SUPPORT1.00%BUSINESS1.78%
    INSPECTION1.00%CONSULTANTS1.76%
    SAFETY1.00%CONSTRUCTION1.73%
    WASTE1.00%MEDIA1.71%
    FOR1.00%LONDON1.63%
    DISTRICT1.00%J1.51%
    OPERA1.00%INVESTMENTS1.48%
    ACTION1.00%GLOBAL1.46%
    DOBIES1.00%IT1.41%
    DERWENT1.00%CARE1.39%
    FITNESS1.00%PROPERTIES1.29%
    LAKE1.00%ELECTRICAL1.29%
    W1.00%M1.27%
    DRINKS1.00%BUILDING1.26%
    CENTRE1.00%ENERGY1.25%
    PROJECT1.00%S1.20%
    CONSULTANTS1.00%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied30205,525
    7487 - Other business activities1757,052
    82990 - Other business support service activities not elsewhere classified932,483
    70229 - Management consultancy activities other than financial management917,765
    43999 - Other specialised construction activities not elsewhere classified43,342
    99999 - Dormant Company421,846
    7420 - Architectural, technical consult31,569
    7414 - Business & management consultancy313,034
    41202 - Construction of domestic buildings32,598
    74909 - Other professional, scientific and technical activities not elsewhere classified38,671
    71129 - Other engineering activities31,823
    7411 - Legal activities21,267
    96090 - Other service activities not elsewhere classified211,768
    4533 - Plumbing21,374
    4521 - General construction & civil engineering25,558
    56302 - Public houses and bars22,308
    4544 - Painting and glazing2614
    7011 - Development & sell real estate22,287
    49320 - Taxi operation2817
    03110 - Marine fishing2123

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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

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