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
New Company Registrations
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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.
Year Mansfield UK 2014 713 582,051 2013 829 529,363 2012 417 491,893 2011 524 452,870 2010 411 400,358 Record Year 2013 (829) 2014 (582,051) New Companies by Year
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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) Mansfield UK 2014 316 281,320 2013 480 259,931 % change -34.2% 8.2% Record Year 2013 (480) 2014 (281,320) New Companies by Half Year
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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) Mansfield UK 2014 143 137,906 2013 203 127,247 % change -29.6% 8.4% Record Year 2013 (203) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 56 51 36 New companies in 2013 118 60 25 % change -52.5% -15.0% 44.0% Record Year 2013 (118) 2011 (73) 2011 (39)
Closed Companies (dissolved)
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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.
Year Mansfield UK 2014 414 367,937 2013 321 332,213 2012 282 293,729 2011 325 314,524 2010 334 342,233 Record Year 2009 (445) 2009 (533,789) Dissolved Companies by Year
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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) Mansfield UK 2014 223 190,730 2013 177 177,021 % change 26.0% 7.7% Record Year 2014 (223) 2009 (244,544) Dissolved Companies by Half Year
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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) Mansfield UK 2014 119 89,060 2013 99 90,851 % change 20.2% -2.0% Record Year 2014 (119) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 33 41 45 Closed companies in 2013 47 22 30 % change -29.8% 86.4% 50% Record Year 2013 (47) 2014 (41) 2014 (45)
Net Company Growth
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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.
Year Mansfield UK 2014 299 214,114 2013 508 197,150 2012 135 198,164 2011 199 138,346 2010 77 58,125 Record Year 2013 (508) 2007 (237,353) Net Growth by Year
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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) Mansfield UK 2014 93 90,590 2013 303 82,910 Record Year 2013 (303) 2003 (117,772) Net Growth by Half Year
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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) Mansfield UK 2014 24 48,846 2013 104 36,396 Record Year 2013 (104) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 23 10 -9 Net growth in 2013 71 38 -5 Record Year 2013 (71) 2011 (44) 2002 (18)
UK Company Share
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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.
Year Mansfield 2014 0.1% 2013 0.2% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2013 (0.2%) Company Share by Year
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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 2014 0.1% 2013 0.2% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2013 (0.2%) Company Share by Half Year
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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 2014 0.1% 2013 0.2% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2013 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.2% 0.1% 0.1% % change -54.9% -19.3% 23.2% Record Year 2013 (0.2%) 2011 (0.2%) 2011 (0.1%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage SDI 4.23% CONSULTING 5.22% FITNESS 2.99% MANAGEMENT 4.58% MANSFIELD 1.16% CONSULTANCY 3.57% ELECTRICAL 1.16% PROPERTY 2.66% PROPERTY 1.08% CONSTRUCTION 2.12% MANAGEMENT 1.08% ENGINEERING 2.10% CARE 0.75% CARE 2.02% CONSULTANCY 0.75% TRADING 1.94% (MANSFIELD) 0.66% LONDON 1.93% ASSOCIATES 0.66% TRANSPORT 1.93% (IVY) 0.66% DESIGN 1.66% DEVELOPMENTS 0.58% CONSULTANTS 1.64% MASH 0.58% ELECTRICAL 1.62% CENTRE 0.58% PROPERTIES 1.62% MEDIA 0.50% BUSINESS 1.56% CONSTRUCTION 0.50% J 1.54% R 0.50% CO., 1.50% TRAINING 0.50% GLOBAL 1.49% DIRECT 0.50% INVESTMENTS 1.48% HOMES 0.50% ASSOCIATES 1.47% MAINTENANCE 0.50% DEVELOPMENTS 1.35% D 0.50% MEDIA 1.33% BUILDING 0.50% IT 1.31% PROPERTIES 0.50% BUILDING 1.29% C 0.50% M 1.22%
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 474 265,608 99999 - Dormant Company 57 48,509 82990 - Other business support service activities not elsewhere classified 34 58,068 74990 - Non-trading company 32 13,984 70229 - Management consultancy activities other than financial management 27 42,290 96090 - Other service activities not elsewhere classified 20 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 20 19,049 62020 - Information technology consultancy activities 16 30,178 56103 - Take-away food shops and mobile food stands 15 8,318 41100 - Development of building projects 15 11,397 43999 - Other specialised construction activities not elsewhere classified 15 8,761 49410 - Freight transport by road 13 10,842 85590 - Other education not elsewhere classified 12 6,206 68209 - Other letting and operating of own or leased real estate 11 11,212 43220 - Plumbing, heat and air-conditioning installation 11 5,189 62090 - Other information technology service activities 11 12,837 43390 - Other building completion and finishing 10 5,931 45200 - Maintenance and repair of motor vehicles 10 5,425 47990 - Other retail sale not in stores, stalls or markets 10 6,452 81210 - General cleaning of buildings 10 1,581
Recent Companies
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Randomly selected companies from this quarter
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