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
New Company Registrations
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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.
Year Newark UK 2010 325 400,358 2009 326 362,675 2008 274 349,203 2007 340 457,649 2006 313 405,440 Record Year 2003 (362) 2007 (457,649) New Companies by Year
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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) Newark UK 2010 158 196,609 2009 149 180,654 % change 6.0% 8.8% Record Year 2003 (194) 2003 (201,446) New Companies by Half Year
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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) Newark UK 2010 73 95,117 2009 75 85,983 % change -2.7% 10.6% Record Year 2003 (91) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 26 26 21 New companies in 2009 25 29 21 % change 4.0% -10.3% 0.0% Record Year 2003 (39) 2006 (43) 2008 (27)
Closed Companies (dissolved)
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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.
Year Newark UK 2010 233 342,232 2009 291 533,773 2008 130 237,901 2007 168 220,295 2006 159 200,166 Record Year 2009 (291) 2009 (533,773) Dissolved Companies by Year
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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) Newark UK 2010 118 164,601 2009 140 244,537 % change -15.7% -32.7% Record Year 2009 (140) 2009 (244,537) Dissolved Companies by Half Year
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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) Newark UK 2010 50 76,896 2009 58 85,136 % change -13.8% -9.7% Record Year 2009 (58) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 18 22 10 Closed companies in 2009 24 18 16 % change -25.0% 22.2% -38% Record Year 2009 (24) 2010 (22) 2008 (21)
Net Company Growth
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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.
Year Newark UK 2010 92 58,126 2009 35 -171,098 2008 144 111,302 2007 172 237,354 2006 154 205,274 Record Year 2003 (242) 2003 (242,543) Net Growth by Year
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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) Newark UK 2010 40 32,008 2009 9 -63,883 Record Year 2003 (119) 2003 (117,772) Net Growth by Half Year
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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) Newark UK 2010 23 18,221 2009 17 847 Record Year 2003 (73) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 8 4 11 Net growth in 2009 1 11 5 Record Year 2003 (35) 2006 (32) 2002 (19)
UK Company Share
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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.
Year Newark 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1971 (0.1%) Company Share by Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1969 (0.1%) Company Share by Half Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1969 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -9.0% -19.8% -4.8% Record Year 1969 (0.4%) 1969 (0.4%) 1976 (0.3%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ONLYMOT 2.38% CONSULTING 5.06% CONSULTING 1.70% MANAGEMENT 5.01% MANAGEMENT 1.53% CONSULTANCY 3.14% NEWARK 1.53% PROPERTY 2.36% ASSOCIATES 1.02% TRADING 2.11% CENTRE 0.85% ASSOCIATES 1.95% P 0.85% DESIGN 1.92% SUPPORT 0.85% BUSINESS 1.82% DESIGN 0.85% CONSTRUCTION 1.82% J 0.85% CONSULTANTS 1.76% CONSULTANTS 0.85% MEDIA 1.71% EDEN 0.68% ENGINEERING 1.62% CONSULTANCY 0.68% LONDON 1.60% TRADING 0.68% CARE 1.45% ENERGY 0.68% INVESTMENTS 1.44% SYSTEMS 0.68% GLOBAL 1.43% CARE 0.51% J 1.42% BUILDING 0.51% IT 1.41% DEVELOPMENTS 0.51% PROPERTIES 1.34% HALL 0.51% INTERNATIONAL 1.34% TECHNOLOGY 0.51% BUILDING 1.34% HOUSE 0.51% M 1.30% PROPERTY 0.51% ELECTRICAL 1.25% MARKETING 0.51% SYSTEMS 1.24% PROPERTIES 0.51% S 1.23%
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 126 199,572 7487 - Other business activities 40 63,348 70229 - Management consultancy activities other than financial management 20 14,505 99999 - Dormant Company 18 16,285 9999 - Dormant Company 17 20,144 82990 - Other business support service activities not elsewhere classified 16 27,550 7414 - Business & management consultancy 11 13,474 41100 - Development of building projects 10 3,765 70100 - Activities of head offices 9 2,862 4521 - General construction & civil engineering 9 6,598 62020 - Information technology consultancy activities 9 9,177 85590 - Other education not elsewhere classified 8 1,926 96090 - Other service activities not elsewhere classified 6 8,799 7499 - Non-trading company 6 12,000 56101 - Licensed restaurants 6 2,446 74909 - Other professional, scientific and technical activities not elsewhere classified 6 7,088 9305 - Other service activities 5 8,858 5248 - Other retail specialised stores 5 2,016 7011 - Development & sell real estate 5 2,949 43210 - Electrical installation 4 2,980
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07448449 THE TUXFORD CENTRE LIMITED 23 Nov 2010 07437072 DUNHAM GREYHOUND CENTRE LTD 11 Nov 2010 07432157 RULE INDUSTRIES LTD 08 Nov 2010 07426013 VIERON LIMITED 02 Nov 2010 07454710 ROTOTEK LIMITED 30 Nov 2010 07445889 DCDBOH LIMITED 22 Nov 2010 07445226 STRATEGIC FINANCIAL OUTSOURCING LIMITED 19 Nov 2010 07443752 TRUEBLUE CONSULTANCY LIMITED 18 Nov 2010 07447634 UK CRAFT COMPANY LIMITED 23 Nov 2010 07446069 S.J.B. BUILDING LIMITED 22 Nov 2010 07444983 RYDAN AUTOMATION LTD 19 Nov 2010 07441606 CREATION SCIENCE UK 16 Nov 2010 07441488 PROPHET ANALYTICS LIMITED 16 Nov 2010 07440612 LWF MORTGAGES LTD 16 Nov 2010 07440599 MJC CONSULTANTS (UK) LTD 16 Nov 2010 07439185 SK CARPENTRY & JOINERY LIMITED 15 Nov 2010 07430358 GAS TURBINE RESOURCES LIMITED 04 Nov 2010 07429900 AZIZ DENT LTD 04 Nov 2010 07429676 D B YAIMAS LIMITED 04 Nov 2010 07429128 KTPN LTD 04 Nov 2010 07428932 JKM CONSULTANCY LIMITED 03 Nov 2010 07428530 ROCKMAY HOUSE MANAGEMENT COMPANY LIMITED 03 Nov 2010 07427648 TIMICO TECHNOLOGY GROUP LIMITED 02 Nov 2010 07426658 ADMIRALS MEN LIMITED 02 Nov 2010 07425212 BENNINGTON FINANCE LIMITED 01 Nov 2010
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