Newark, Nottinghamshire
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company closures in Newark when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 167 companies were formed in Newark. This figure is 5.6% lower than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Newark occurred in 2007 when a total of 186 were formed.
Half Year (Jan-Jun) Newark UK 2010 167 203,749 2009 177 182,021 % change -5.6% 11.9% Record Year 2007 (186) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 81 companies were registered in Newark during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 23.6% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Newark UK 2010 81 98,612 2009 106 90,987 % change -23.6% 8.4% Record Year 2009 (106) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 30 31 20 New companies in 2009 32 33 41 % change -6.3% -6.1% -51.2% Record Year 2003 (34) 2009 (33) 2009 (41)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 115 companies were dissolved in Newark. This figure is 23.8% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Newark occurred in 2009 when a total of 151 were closed.
Half Year (Jan-Jun) Newark UK 2010 115 177,631 2009 151 289,236 % change -23.8% -38.6% Record Year 2009 (151) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 63 companies were dissolved in Newark during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 33.7% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Newark UK 2010 63 94,954 2009 95 181,176 % change -33.7% -47.6% Record Year 2009 (95) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company closures in Newark when compared to any previous June.
Dissolved Companies by Month
April May June Closed companies in 2010 11 25 27 Closed companies in 2009 29 47 19 % change -62.1% -46.8% 42% Record Year 2009 (29) 2009 (47) 2010 (27)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Newark increased by 52 companies.
Half Year (Jan-Jun) Newark UK 2010 52 26,118 2009 26 -107,215 Record Year 2003 (123) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Newark during the second quarter of 2010 (Apr 2010 - Jun 2010) was 18 companies.
second quarter (Apr 2010 - Jun 2010) Newark UK 2010 18 3,658 2009 11 -90,189 Record Year 2003 (60) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 19 6 -7 Net growth in 2009 3 -14 22 Record Year 2003 (27) 2000 (18) 2009 (22)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Newark formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) Newark 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1965 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Newark formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Newark 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -13.7% -10.5% -56.1% Record Year 1960 (0.3%) 1968 (0.5%) 1963 (0.5%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 46.7.
The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 6.9% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 46.1.
The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Newark was 1861 when 40.0% of all directors were female.
29.1% of all director appointments in Newark in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Newark was in 1866 when 66.7% of all directors were female.
31.2% of all director appointments in Newark in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NEWARK 2.37% MANAGEMENT 5.01% ONLYMOT 2.20% CONSULTING 4.79% CONSULTING 1.86% CONSULTANCY 3.02% ASSOCIATES 1.35% PROPERTY 2.40% MANAGEMENT 1.35% ASSOCIATES 2.02% G 1.02% TRADING 2.01% P 0.85% DESIGN 1.91% SUPPORT 0.85% CONSTRUCTION 1.85% EDEN 0.68% MEDIA 1.80% HOMES 0.68% BUSINESS 1.75% SHERWOOD 0.68% CONSULTANTS 1.71% HALL 0.68% INTERNATIONAL 1.59% TRAINING 0.68% ENGINEERING 1.56% J 0.68% LONDON 1.52% OLD 0.51% INVESTMENTS 1.49% CENTRE 0.51% J 1.46% FARM 0.51% CARE 1.41% L 0.51% GLOBAL 1.39% VILLAGE 0.51% PROPERTIES 1.35% ENERGY 0.51% BUILDING 1.33% MAINTENANCE 0.51% M 1.29% ACCOUNTING 0.51% IT 1.28% CARE 0.51% ELECTRICAL 1.27% US 0.51% GROUP 1.25% CONSTRUCTION 0.51% DEVELOPMENTS 1.25%
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 132 207,125 7487 - Other business activities 41 68,525 70229 - Management consultancy activities other than financial management 21 13,490 99999 - Dormant Company 18 14,342 82990 - Other business support service activities not elsewhere classified 17 25,942 7414 - Business & management consultancy 12 14,598 9999 - Dormant Company 12 19,842 41100 - Development of building projects 11 3,945 70100 - Activities of head offices 10 2,912 4521 - General construction & civil engineering 10 8,262 62020 - Information technology consultancy activities 10 8,590 56101 - Licensed restaurants 6 2,203 74990 - Non-trading company 6 7,893 4531 - Installation electrical wiring etc. 5 2,504 96090 - Other service activities not elsewhere classified 5 7,922 68209 - Other letting and operating of own or leased real estate 5 3,834 7011 - Development & sell real estate 5 4,579 7499 - Non-trading company 5 13,997 9305 - Other service activities 5 8,822 43210 - Electrical installation 5 2,859
Recent Companies
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Randomly selected companies from this quarter
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