Mansfield, Nottinghamshire

2014 Annual Business Confidence Report

Headlines

  • The second half of 2014 saw a new record in company closures in Mansfield when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Mansfield when compared to any previous December.
  • November 2014 saw a new record in company closures in Mansfield 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 713 companies were formed in Mansfield in 2014. This total is 14.0% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearMansfieldUK
    2014713582,051
    2013829529,363
    2012417491,893
    2011524452,870
    2010411400,358
    Record Year2013 (829)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 316 companies were formed in Mansfield. This figure is 34.2% lower than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Mansfield occurred in 2013 when a total of 480 were formed.

    Half Year (Jul-Dec)MansfieldUK
    2014316281,320
    2013480259,931
    % change-34.2%8.2%
    Record Year2013 (480)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 143 companies were registered in Mansfield during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 29.6% versus the same period last year (Q4 2013). This figure compares badly 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)MansfieldUK
    2014143137,906
    2013203127,247
    % change-29.6%8.4%
    Record Year 2013 (203) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014565136
    New companies in 20131186025
    % change-52.5%-15.0%44.0%
    Record Year2013 (118)2011 (73)2011 (39)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 414 companies were dissolved in Mansfield in 2014. This total is 29.0% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearMansfieldUK
    2014414367,937
    2013321332,213
    2012282293,729
    2011325314,524
    2010334342,233
    Record Year2009 (445)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Mansfield when compared to any previous second half year.

    In the second half of 2014 a total of 223 companies were dissolved in Mansfield. This figure is 26.0% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Mansfield occurred in 2014 when a total of 223 were closed.

    Half Year (Jul-Dec)MansfieldUK
    2014223190,730
    2013177177,021
    % change26.0%7.7%
    Record Year2014 (223)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 119 companies were dissolved in Mansfield during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 20.2% versus the same period last year (Q4 2013). This figure compares poorly 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)MansfieldUK
    201411989,060
    20139990,851
    % change20.2%-2.0%
    Record Year 2014 (119) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Mansfield when compared to any previous December.

    November 2014 saw a new record in company closures in Mansfield when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014334145
    Closed companies in 2013472230
    % change-29.8%86.4%50%
    Record Year2013 (47)2014 (41)2014 (45)

Net Company Growth

  1. Annual Data (2014)

    A total of 299 companies were added to the company register for Mansfield in 2014. This number represents growth of 41.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 209 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Mansfield company register grew by 508 companies.

    YearMansfieldUK
    2014299214,114
    2013508197,150
    2012135198,164
    2011199138,346
    20107758,125
    Record Year2013 (508)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Mansfield increased by 93 companies.

    Half Year (Jul-Dec)MansfieldUK
    20149390,590
    201330382,910
    Record Year2013 (303)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Mansfield during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 24 companies.

    fourth quarter (Oct 2014 - Dec 2014)MansfieldUK
    20142448,846
    201310436,396
    Record Year 2013 (104) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20142310-9
    Net growth in 20137138-5
    Record Year2013 (71)2011 (44)2002 (18)

UK Company Share

  1. Annual Data (2014)

    In 2014 Mansfield formed 0.1% of all UK companies. This is a decline on 2013 when Mansfield was responsible for 0.2% of all UK companies.

    YearMansfield
    20140.1%
    20130.2%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2013 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Mansfield formed 0.1% of all UK companies. This is less than the 2013 figure of 0.2%.

    Half Year (Jul-Dec)Mansfield
    20140.1%
    20130.2%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2013 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Mansfield formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Mansfield
    20140.1%
    20130.2%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2013 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.2%0.1%0.1%
    % change-54.9%-19.3%23.2%
    Record Year2013 (0.2%)2011 (0.2%)2011 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.5.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.5% 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 43.2.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.7% 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 42.6.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.9% 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 Mansfield was 1979 when 100.0% of all directors were female.

    The percentage of female directors in Mansfield in 2014 was 24.6%. 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 Mansfield was 2008 when 41.8% of all directors were female.

    25.7% of all director appointments in Mansfield 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 Mansfield was in 2008 when 32.5% of all directors were female.

    24.6% of all director appointments in Mansfield 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
    SDI4.23%CONSULTING5.22%
    FITNESS2.99%MANAGEMENT4.58%
    MANSFIELD1.16%CONSULTANCY3.57%
    ELECTRICAL1.16%PROPERTY2.66%
    PROPERTY1.08%CONSTRUCTION2.12%
    MANAGEMENT1.08%ENGINEERING2.10%
    CARE0.75%CARE2.02%
    CONSULTANCY0.75%TRADING1.94%
    (MANSFIELD)0.66%LONDON1.93%
    ASSOCIATES0.66%TRANSPORT1.93%
    (IVY)0.66%DESIGN1.66%
    DEVELOPMENTS0.58%CONSULTANTS1.64%
    MASH0.58%ELECTRICAL1.62%
    CENTRE0.58%PROPERTIES1.62%
    MEDIA0.50%BUSINESS1.56%
    CONSTRUCTION0.50%J1.54%
    R0.50%CO.,1.50%
    TRAINING0.50%GLOBAL1.49%
    DIRECT0.50%INVESTMENTS1.48%
    HOMES0.50%ASSOCIATES1.47%
    MAINTENANCE0.50%DEVELOPMENTS1.35%
    D0.50%MEDIA1.33%
    BUILDING0.50%IT1.31%
    PROPERTIES0.50%BUILDING1.29%
    C0.50%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied474265,608
    99999 - Dormant Company5748,509
    82990 - Other business support service activities not elsewhere classified3458,068
    74990 - Non-trading company3213,984
    70229 - Management consultancy activities other than financial management2742,290
    96090 - Other service activities not elsewhere classified2029,009
    74909 - Other professional, scientific and technical activities not elsewhere classified2019,049
    62020 - Information technology consultancy activities1630,178
    56103 - Take-away food shops and mobile food stands158,318
    41100 - Development of building projects1511,397
    43999 - Other specialised construction activities not elsewhere classified158,761
    49410 - Freight transport by road1310,842
    85590 - Other education not elsewhere classified126,206
    68209 - Other letting and operating of own or leased real estate1111,212
    43220 - Plumbing, heat and air-conditioning installation115,189
    62090 - Other information technology service activities1112,837
    43390 - Other building completion and finishing105,931
    45200 - Maintenance and repair of motor vehicles105,425
    47990 - Other retail sale not in stores, stalls or markets106,452
    81210 - General cleaning of buildings101,581

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09243368 MKO TRANS LTD 01 Oct 2014
    09251481 DOMINIC CONWAY ASSOCIATES LIMITED 07 Oct 2014
    09253554 BEST HELP LIMITED 08 Oct 2014
    09255385 ASSURED MORTGAGE SOLUTIONS LIMITED 08 Oct 2014
    09258052 D GOODWIN PAINTING AND DECORATING LTD 10 Oct 2014
    09265826 BEACH KIOSKS LIMITED 15 Oct 2014
    09267241 SRINIVASAN'S LT COMPANY LIMITED 16 Oct 2014
    09267361 DESTINY TRAINING LIMITED 16 Oct 2014
    09271654 CONTRAKR LIMITED 20 Oct 2014
    09272572 RAINWORTH EQUIPMENTS LIMITED 21 Oct 2014
    09277862 STALLION MOTORS LIMITED 23 Oct 2014
    09280779 DMSZ LOGISTIC LTD 27 Oct 2014
    09290530 ASH FABRICATIONS LIMITED 31 Oct 2014
    09290577 QUANTUM ENGINEERING SERVICES LIMITED 31 Oct 2014
    09245196 PGR OFFICE SUITE SPECIALISTS LIMITED 02 Oct 2014
    09251580 TBS PROMOTIONS LIMITED 07 Oct 2014
    09256081 ABUL TAYLOR LTD 09 Oct 2014
    09259715 MANSFIELD CARPETS (CONTRACTS) LTD 13 Oct 2014
    09262998 RIGHT FIRST TIME CONSULTANCY LIMITED 14 Oct 2014
    09281977 CUSTOM CREATIONS (UK) LTD 27 Oct 2014
    09290347 PAWELGOLUBEK LIMITED 31 Oct 2014
    09244398 CHROMA PAINTING & DECORATING LIMITED 01 Oct 2014
    09270312 ROCKS 1973 LIMITED 20 Oct 2014
    09273083 I & N DETAILING SERVICES LIMITED 21 Oct 2014
    09283231 SDI RETAILING LIMITED 28 Oct 2014