Workington, Cumbria

2014 Annual Business Confidence Report

Headlines

  • November 2014 saw a new record in company registrations in Workington when compared to any previous November.

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 (2014)

    A total of 169 companies were formed in Workington in 2014. This total is 29.0% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearWorkingtonUK
    2014169582,051
    2013131529,363
    2012124491,893
    2011102452,870
    2010103400,358
    Record Year2014 (169)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 77 companies were formed in Workington. This figure is 16.7% higher than last year, which compares well to the UK wide figure of 8.2%.

    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
    201477281,320
    201366259,931
    % change16.7%8.2%
    Record Year2002 (131)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 39 companies were registered in Workington during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 5.4% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)WorkingtonUK
    201439137,906
    201337127,247
    % change5.4%8.4%
    Record Year 2014 (39) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in company registrations in Workington when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014131511
    New companies in 201315913
    % change-13.3%66.7%-15.4%
    Record Year2002 (21)2014 (15)2002 (22)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 79 companies were dissolved in Workington in 2014. This total is 8.2% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearWorkingtonUK
    201479367,937
    201373332,213
    201278293,729
    201177314,524
    201084342,233
    Record Year2009 (90)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 36 companies were dissolved in Workington. This figure is 12.2% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Workington occurred in 2004 when a total of 147 were closed.

    Half Year (Jul-Dec)WorkingtonUK
    201436190,730
    201341177,021
    % change-12.2%7.7%
    Record Year2004 (147)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 17 companies were dissolved in Workington during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 19.0% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)WorkingtonUK
    20141789,060
    20132190,851
    % change-19.0%-2.0%
    Record Year 2009 (23) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014188
    Closed companies in 2013687
    % change-83.3%0.0%14%
    Record Year2012 (9)2013 (8)2004 (132)

Net Company Growth

  1. Annual Data (2014)

    A total of 90 companies were added to the company register for Workington in 2014. This number represents growth of 53.3% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 32 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Workington company register grew by 90 companies.

    YearWorkingtonUK
    201490214,114
    201358197,150
    201246198,164
    201125138,346
    20101958,125
    Record Year2014 (90)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Workington increased by 41 companies.

    Half Year (Jul-Dec)WorkingtonUK
    20144190,590
    20132582,910
    Record Year2002 (118)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Workington during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 22 companies.

    fourth quarter (Oct 2014 - Dec 2014)WorkingtonUK
    20142248,846
    20131636,396
    Record Year 2014 (22) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141273
    Net growth in 2013916
    Record Year2002 (20)2002 (9)2002 (19)

UK Company Share

  1. Annual Data (2014)

    In 2014 Workington formed 0.0% of all UK companies. This is no change on 2013 when Workington was responsible for 0.0% of all UK companies.

    YearWorkington
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)2002 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Workington formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Workington
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2002 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Workington formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Workington
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2002 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.0%
    % change-17.8%57.9%-27.7%
    Record Year1998 (0.1%)1992 (0.1%)2002 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.8.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 42.1.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 41.0.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Workington was 2002 when 54.4% of all directors were female.

    The percentage of female directors in Workington in 2014 was 34.9%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Workington was 2005 when 45.8% of all directors were female.

    35.3% of all director appointments in Workington in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Workington was in 2005 when 53.2% of all directors were female.

    27.1% of all director appointments in Workington in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    (CUMBRIA)7.35%CONSULTING5.22%
    ENGINEERING3.83%MANAGEMENT4.58%
    PROJECTS1.92%CONSULTANCY3.57%
    TRAINING1.92%PROPERTY2.66%
    CUMBRIA1.92%CONSTRUCTION2.12%
    INSPECTION1.28%ENGINEERING2.10%
    TECHNICAL1.28%CARE2.02%
    CONSTRUCTION1.28%TRADING1.94%
    LIFECOMPLETE1.28%LONDON1.93%
    WORKINGTON1.28%TRANSPORT1.93%
    P0.96%DESIGN1.66%
    CARE0.96%CONSULTANTS1.64%
    HODGSON0.96%ELECTRICAL1.62%
    PROJECT0.96%PROPERTIES1.62%
    GRAHAM0.64%BUSINESS1.56%
    SAFETY0.64%J1.54%
    NUCLEAR0.64%CO.,1.50%
    ELECTRICAL0.64%GLOBAL1.49%
    J0.64%INVESTMENTS1.48%
    LAKES0.64%ASSOCIATES1.47%
    BOOZE0.64%DEVELOPMENTS1.35%
    BAR0.64%MEDIA1.33%
    MANAGEMENT0.64%IT1.31%
    BOXER0.64%BUILDING1.29%
    D0.64%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied53265,608
    71129 - Other engineering activities216,132
    74909 - Other professional, scientific and technical activities not elsewhere classified1819,049
    70229 - Management consultancy activities other than financial management1842,290
    96090 - Other service activities not elsewhere classified1229,009
    82990 - Other business support service activities not elsewhere classified558,068
    71200 - Technical testing and analysis51,132
    43910 - Roofing activities51,475
    56302 - Public houses and bars46,285
    71122 - Engineering related scientific and technical consulting activities43,184
    99999 - Dormant Company448,509
    42990 - Construction of other civil engineering projects not elsewhere classified42,701
    93130 - Fitness facilities31,683
    74990 - Non-trading company313,984
    82190 - Photocopying, document preparation and other specialised office support activities3265
    25620 - Machining3259
    43999 - Other specialised construction activities not elsewhere classified38,761
    45112 - Sale of used cars and light motor vehicles33,562
    43220 - Plumbing, heat and air-conditioning installation35,189
    45200 - Maintenance and repair of motor vehicles35,425

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09292281 OFFSHORE SITE SUPPORT LIMITED 03 Nov 2014
    09300589 FUTURE SOLUTIONS (WEST CUMBRIA) LIMITED 07 Nov 2014
    09301707 MIKE WALKER (CUMBRIA) LTD 07 Nov 2014
    09302800 BOXER RETAIL LTD 10 Nov 2014
    09304225 BLANEY DARGAVEL LIMITED 10 Nov 2014
    09308255 PHILIP SMART LIMITED 12 Nov 2014
    09313183 P J ROOKE ENGINEERING LIMITED 17 Nov 2014
    09314935 CJW CE&I ENGINEERING SOLUTIONS LIMITED 17 Nov 2014
    09320947 SJE (ORMSKIRK) LIMITED 20 Nov 2014
    09322181 LIFECOMPLETE RESEARCH LIMITED 21 Nov 2014
    09322623 G BEATSON NUCLEAR LTD 21 Nov 2014
    09323099 BOOZE DIRECT (CUMBRIA) LIMITED 21 Nov 2014
    09326202 TAYLORS BLACKBECK BREWERY LIMITED 25 Nov 2014
    09331911 CASPIANO LTD 28 Nov 2014
    09332938 ELLER GROVE LIMITED 28 Nov 2014

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