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

  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. 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)NewarkUK
    2010167203,749
    2009177182,021
    % change-5.6%11.9%
    Record Year2007 (186)2007 (279,097)
    New Companies by Half Year
  2. 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)NewarkUK
    20108198,612
    200910690,987
    % change-23.6%8.4%
    Record Year 2009 (106) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010303120
    New companies in 2009323341
    % change-6.3%-6.1%-51.2%
    Record Year2003 (34)2009 (33)2009 (41)

Closed Companies (dissolved)

  1. 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)NewarkUK
    2010115177,631
    2009151289,236
    % change-23.8%-38.6%
    Record Year2009 (151)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)NewarkUK
    20106394,954
    200995181,176
    % change-33.7%-47.6%
    Record Year 2009 (95) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2010112527
    Closed companies in 2009294719
    % change-62.1%-46.8%42%
    Record Year2009 (29)2009 (47)2010 (27)

Net Company Growth

  1. 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)NewarkUK
    20105226,118
    200926-107,215
    Record Year2003 (123)2007 (171,296)
    Net Growth by Half Year
  2. 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)NewarkUK
    2010183,658
    200911-90,189
    Record Year 2003 (60) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 2010196-7
    Net growth in 20093-1422
    Record Year2003 (27)2000 (18)2009 (22)

UK Company Share

  1. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1965 (0.1%)
    Company Share by Half Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1968 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-13.7%-10.5%-56.1%
    Record Year1960 (0.3%)1968 (0.5%)1963 (0.5%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    NEWARK2.37%MANAGEMENT5.01%
    ONLYMOT2.20%CONSULTING4.79%
    CONSULTING1.86%CONSULTANCY3.02%
    ASSOCIATES1.35%PROPERTY2.40%
    MANAGEMENT1.35%ASSOCIATES2.02%
    G1.02%TRADING2.01%
    P0.85%DESIGN1.91%
    SUPPORT0.85%CONSTRUCTION1.85%
    EDEN0.68%MEDIA1.80%
    HOMES0.68%BUSINESS1.75%
    SHERWOOD0.68%CONSULTANTS1.71%
    HALL0.68%INTERNATIONAL1.59%
    TRAINING0.68%ENGINEERING1.56%
    J0.68%LONDON1.52%
    OLD0.51%INVESTMENTS1.49%
    CENTRE0.51%J1.46%
    FARM0.51%CARE1.41%
    L0.51%GLOBAL1.39%
    VILLAGE0.51%PROPERTIES1.35%
    ENERGY0.51%BUILDING1.33%
    MAINTENANCE0.51%M1.29%
    ACCOUNTING0.51%IT1.28%
    CARE0.51%ELECTRICAL1.27%
    US0.51%GROUP1.25%
    CONSTRUCTION0.51%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied132207,125
    7487 - Other business activities4168,525
    70229 - Management consultancy activities other than financial management2113,490
    99999 - Dormant Company1814,342
    82990 - Other business support service activities not elsewhere classified1725,942
    7414 - Business & management consultancy1214,598
    9999 - Dormant Company1219,842
    41100 - Development of building projects113,945
    70100 - Activities of head offices102,912
    4521 - General construction & civil engineering108,262
    62020 - Information technology consultancy activities108,590
    56101 - Licensed restaurants62,203
    74990 - Non-trading company67,893
    4531 - Installation electrical wiring etc.52,504
    96090 - Other service activities not elsewhere classified57,922
    68209 - Other letting and operating of own or leased real estate53,834
    7011 - Development & sell real estate54,579
    7499 - Non-trading company513,997
    9305 - Other service activities58,822
    43210 - Electrical installation52,859

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07266544 NEAL HARRISON LIMITED 26 May 2010
    07246540 THE CROWN INN (EAST MARKHAM) LTD 07 May 2010
    07246139 ONLYMOT 16 LIMITED 07 May 2010
    07246088 ONLYMOT 20 LIMITED 06 May 2010
    07246075 ONLYMOT 19 LIMITED 06 May 2010
    07246058 ONLYMOT 11 LIMITED 06 May 2010
    07246056 ONLYMOT 17 LIMITED 06 May 2010
    07246035 ONLYMOT 14 LIMITED 06 May 2010
    07246031 ONLYMOT 18 LIMITED 06 May 2010
    07246020 ONLYMOT 10 LIMITED 06 May 2010
    07245965 ONLYMOT 15 LIMITED 06 May 2010
    07245951 ONLYMOT 8 LIMITED 06 May 2010
    07243703 OPSIS TRADING LIMITED 05 May 2010
    07243477 SALLY PRICE CONSULTING LIMITED 05 May 2010
    07260206 CROWSON CONSULTING LIMITED 20 May 2010
    07247231 T T OPTIMAL LIMITED 10 May 2010
    07247152 L.T. MANAGEMENT CONSULTANTS LIMITED 10 May 2010
    07261249 QUORA (SHOREHAM) LIMITED 21 May 2010
    07260090 LIGN LIGHT UK LIMITED 20 May 2010
    07259977 SPIRAL ENERGY LTD 20 May 2010
    07259897 GOODLIFE EXPRESS NEWARK LIMITED 20 May 2010
    07256148 SARAH ELIZABETH HAMMOND LIMITED 18 May 2010
    07255832 MDW MAINE (MIRFIELD) LIMITED 17 May 2010
    07253141 CHARNWOOD HEARING AID CENTRE LIMITED 13 May 2010
    OC354626 PKG CONSULTANTS LLP 04 May 2010

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