Newark, Nottinghamshire

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company closures in Newark 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 (2010)

    A total of 325 companies were formed in Newark in 2010. This total is 0.3% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearNewarkUK
    2010325400,358
    2009326362,675
    2008274349,203
    2007340457,649
    2006313405,440
    Record Year2003 (362)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 158 companies were formed in Newark. This figure is 6.0% higher than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Newark occurred in 2003 when a total of 194 were formed.

    Half Year (Jul-Dec)NewarkUK
    2010158196,609
    2009149180,654
    % change6.0%8.8%
    Record Year2003 (194)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 73 companies were registered in Newark during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 2.7% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)NewarkUK
    20107395,117
    20097585,983
    % change-2.7%10.6%
    Record Year 2003 (91) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010262621
    New companies in 2009252921
    % change4.0%-10.3%0.0%
    Record Year2003 (39)2006 (43)2008 (27)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 233 companies were dissolved in Newark in 2010. This total is 19.9% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearNewarkUK
    2010233342,232
    2009291533,773
    2008130237,901
    2007168220,295
    2006159200,166
    Record Year2009 (291)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 118 companies were dissolved in Newark. This figure is 15.7% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Newark occurred in 2009 when a total of 140 were closed.

    Half Year (Jul-Dec)NewarkUK
    2010118164,601
    2009140244,537
    % change-15.7%-32.7%
    Record Year2009 (140)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 50 companies were dissolved in Newark during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 13.8% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)NewarkUK
    20105076,896
    20095885,136
    % change-13.8%-9.7%
    Record Year 2009 (58) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Newark when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010182210
    Closed companies in 2009241816
    % change-25.0%22.2%-38%
    Record Year2009 (24)2010 (22)2008 (21)

Net Company Growth

  1. Annual Data (2010)

    A total of 92 companies were added to the company register for Newark in 2010. This number represents growth of 28.2% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 57 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Newark company register grew by 242 companies.

    YearNewarkUK
    20109258,126
    200935-171,098
    2008144111,302
    2007172237,354
    2006154205,274
    Record Year2003 (242)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Newark increased by 40 companies.

    Half Year (Jul-Dec)NewarkUK
    20104032,008
    20099-63,883
    Record Year2003 (119)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Newark during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 23 companies.

    fourth quarter (Oct 2010 - Dec 2010)NewarkUK
    20102318,221
    200917847
    Record Year 2003 (73) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20108411
    Net growth in 20091115
    Record Year2003 (35)2006 (32)2002 (19)

UK Company Share

  1. Annual Data (2010)

    In 2010 Newark formed 0.1% of all UK companies. This is no change on 2009 when Newark was responsible for 0.1% of all UK companies.

    YearNewark
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1971 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Newark formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Newark
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1969 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Newark formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Newark
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1969 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-9.0%-19.8%-4.8%
    Record Year1969 (0.4%)1969 (0.4%)1976 (0.3%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 46.9.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 6.7% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 47.0.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 6.5% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 46.9.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Newark was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Newark in 2010 was 33.4%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Newark was 1860 when 42.9% of all directors were female.

    28.0% of all director appointments in Newark in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Newark was in 1977 when 31.1% of all directors were female.

    31.0% of all director appointments in Newark in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    ONLYMOT2.38%CONSULTING5.06%
    CONSULTING1.70%MANAGEMENT5.01%
    MANAGEMENT1.53%CONSULTANCY3.14%
    NEWARK1.53%PROPERTY2.36%
    ASSOCIATES1.02%TRADING2.11%
    CENTRE0.85%ASSOCIATES1.95%
    P0.85%DESIGN1.92%
    SUPPORT0.85%BUSINESS1.82%
    DESIGN0.85%CONSTRUCTION1.82%
    J0.85%CONSULTANTS1.76%
    CONSULTANTS0.85%MEDIA1.71%
    EDEN0.68%ENGINEERING1.62%
    CONSULTANCY0.68%LONDON1.60%
    TRADING0.68%CARE1.45%
    ENERGY0.68%INVESTMENTS1.44%
    SYSTEMS0.68%GLOBAL1.43%
    CARE0.51%J1.42%
    BUILDING0.51%IT1.41%
    DEVELOPMENTS0.51%PROPERTIES1.34%
    HALL0.51%INTERNATIONAL1.34%
    TECHNOLOGY0.51%BUILDING1.34%
    HOUSE0.51%M1.30%
    PROPERTY0.51%ELECTRICAL1.25%
    MARKETING0.51%SYSTEMS1.24%
    PROPERTIES0.51%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied126199,572
    7487 - Other business activities4063,348
    70229 - Management consultancy activities other than financial management2014,505
    99999 - Dormant Company1816,285
    9999 - Dormant Company1720,144
    82990 - Other business support service activities not elsewhere classified1627,550
    7414 - Business & management consultancy1113,474
    41100 - Development of building projects103,765
    70100 - Activities of head offices92,862
    4521 - General construction & civil engineering96,598
    62020 - Information technology consultancy activities99,177
    85590 - Other education not elsewhere classified81,926
    96090 - Other service activities not elsewhere classified68,799
    7499 - Non-trading company612,000
    56101 - Licensed restaurants62,446
    74909 - Other professional, scientific and technical activities not elsewhere classified67,088
    9305 - Other service activities58,858
    5248 - Other retail specialised stores52,016
    7011 - Development & sell real estate52,949
    43210 - Electrical installation42,980

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07424398 ONLYMOT LTD 29 Oct 2010
    07411408 R HARVEY DRIVER SERVICES LTD 18 Oct 2010
    07408080 EASTSIDE STEEL SERVICES LIMITED 14 Oct 2010
    07404398 TRAVEL4SPORT LTD 12 Oct 2010
    07404277 GLOBAL FORUMS LTD 12 Oct 2010
    07397647 APPLEX MANAGEMENT LIMITED 05 Oct 2010
    07397503 7SANDS LIMITED 05 Oct 2010
    07417027 GARDENSPARKLES LIMITED 22 Oct 2010
    07411504 ABOUTHOSPITALITY LIMITED 19 Oct 2010
    07401482 FREEDOM BATHROOMS LTD 08 Oct 2010
    07401231 TAG-SQUARE LTD 08 Oct 2010
    07400571 EVOLUTION WASTE MANAGEMENT LIMITED 08 Oct 2010
    07397433 AARDVARK EDUCATION CONSULTANTS LIMITED 05 Oct 2010
    OC358673 TIM HARRIES AND PARTNERS LLP 14 Oct 2010
    07418560 CLICK AND CLAIM LIMITED 25 Oct 2010
    07418459 COMMERCE & NETWORKING LTD 25 Oct 2010
    07416813 TS TAXIS LIMITED 22 Oct 2010
    07412244 BARBARA MAY FOUNDATION UK 19 Oct 2010
    07407488 COOLPRICE HOLDINGS LIMITED 14 Oct 2010
    07406784 TK RADIO LIMITED 14 Oct 2010
    07404015 UKRO TRADING LIMITED 12 Oct 2010
    07403798 XPLORMT2 LIMITED 12 Oct 2010
    07403246 XPLORMT1 LIMITED 11 Oct 2010
    07403198 SLIDE WARDROBES DIRECT LTD 11 Oct 2010
    07394464 FARMECO COMMUNITY CARE LIMITED 01 Oct 2010

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