Newark, Nottinghamshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Newark when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Newark when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company registrations in Newark when compared to any half year in history.
  • Q4 2014 saw a new record in company registrations in Newark when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Newark when compared to any previous December.
  • 2014 was a record year for net growth in Newark when compared to any year in history.
  • The second half of 2014 saw a new record in net growth in Newark when compared to any previous second half year.
  • The second half of 2014 was a record second half year for net growth in Newark when compared to any half year in history.
  • December 2014 saw a new record in net growth in Newark when compared to any previous December.

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 (2014)

    2014 was a record year for company registrations in Newark when compared to any year in history.

    A total of 494 companies were formed in Newark in 2014. This total is 19.9% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearNewarkUK
    2014494582,051
    2013412529,363
    2012387491,893
    2011325452,870
    2010325400,358
    Record Year2014 (494)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Newark when compared to any previous second half year.

    The second half of 2014 was a record second half year for company registrations in Newark when compared to any half year in history.

    In the second half of 2014 a total of 258 companies were formed in Newark. This figure is 20.6% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Newark occurred in 2014 when a total of 258 were formed.

    Half Year (Jul-Dec)NewarkUK
    2014258281,320
    2013214259,931
    % change20.6%8.2%
    Record Year2014 (258)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Newark when compared to any previous Q4.

    A total of 114 companies were registered in Newark during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 1.8% 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)NewarkUK
    2014114137,906
    2013112127,247
    % change1.8%8.4%
    Record Year 2014 (114) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Newark when compared to any previous December.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014353544
    New companies in 2013473629
    % change-25.5%-2.8%51.7%
    Record Year2013 (47)2006 (43)2014 (44)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 248 companies were dissolved in Newark in 2014. This total is 8.8% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearNewarkUK
    2014248367,937
    2013228332,213
    2012235293,729
    2011244314,524
    2010233342,233
    Record Year2009 (291)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 129 companies were dissolved in Newark. This figure is 1.6% higher than last year, which compares well to the UK wide change of 7.7%.

    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
    2014129190,730
    2013127177,021
    % change1.6%7.7%
    Record Year2009 (140)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 55 companies were dissolved in Newark during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 20.3% versus the same period last year (Q4 2013). This figure compares well 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)NewarkUK
    20145589,060
    20136990,851
    % change-20.3%-2.0%
    Record Year 2012 (72) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014191620
    Closed companies in 2013321621
    % change-40.6%0.0%-5%
    Record Year2012 (42)2010 (22)2011 (24)

Net Company Growth

  1. Annual Data (2014)

    2014 was a record year for net growth in Newark when compared to any year in history.

    A total of 246 companies were added to the company register for Newark in 2014. This number represents growth of 49.8% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 62 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Newark company register grew by 246 companies.

    YearNewarkUK
    2014246214,114
    2013184197,150
    2012152198,164
    201181138,346
    20109258,125
    Record Year2014 (246)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in net growth in Newark when compared to any previous second half year.

    The second half of 2014 was a record second half year for net growth in Newark when compared to any half year in history.

    In the second half of 2014 the company register for Newark increased by 129 companies.

    Half Year (Jul-Dec)NewarkUK
    201412990,590
    20138782,910
    Record Year2014 (129)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Newark during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 59 companies.

    fourth quarter (Oct 2014 - Dec 2014)NewarkUK
    20145948,846
    20134336,396
    Record Year 2014 (59) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in net growth in Newark when compared to any previous December.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014161924
    Net growth in 201315208
    Record Year2003 (35)2006 (32)2014 (24)

UK Company Share

  1. Annual Data (2014)

    In 2014 Newark formed 0.1% of all UK companies. This is no change on 2013 when Newark was responsible for 0.1% of all UK companies.

    YearNewark
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2000 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Newark formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Newark
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2003 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Newark formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Newark
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1992 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-29.1%-7.7%29.8%
    Record Year2003 (0.1%)1992 (0.1%)1977 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 45.2.

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 44.7.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 45.7.

    The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Newark was 1985 when 100.0% of all directors were female.

    The percentage of female directors in Newark in 2014 was 29.6%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Newark was 2006 when 39.7% of all directors were female.

    29.1% of all director appointments in Newark 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
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Newark was in 2006 when 37.6% of all directors were female.

    28.3% of all director appointments in Newark 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

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.73%CONSULTING5.22%
    CONSULTING1.38%MANAGEMENT4.58%
    PROPERTY1.38%CONSULTANCY3.57%
    CONSULTANCY0.92%PROPERTY2.66%
    S0.92%CONSTRUCTION2.12%
    IT0.81%ENGINEERING2.10%
    GREENZONE0.81%CARE2.02%
    HOUSE0.81%TRADING1.94%
    DEVELOPMENTS0.81%LONDON1.93%
    HOLDINGS0.81%TRANSPORT1.93%
    QUORA0.69%DESIGN1.66%
    ELECTRICAL0.69%CONSULTANTS1.64%
    NEWARK0.69%ELECTRICAL1.62%
    J0.69%PROPERTIES1.62%
    ENERGY0.58%BUSINESS1.56%
    BUSINESS0.58%J1.54%
    L0.58%CO.,1.50%
    CO0.58%GLOBAL1.49%
    ESTATES0.58%INVESTMENTS1.48%
    BLUE0.46%ASSOCIATES1.47%
    DIRECT0.46%DEVELOPMENTS1.35%
    CENTRE0.46%MEDIA1.33%
    FARM0.46%IT1.31%
    G0.46%BUILDING1.29%
    RECYCLING0.46%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied144265,608
    70229 - Management consultancy activities other than financial management4342,290
    99999 - Dormant Company4148,509
    82990 - Other business support service activities not elsewhere classified2558,068
    74909 - Other professional, scientific and technical activities not elsewhere classified2019,049
    68209 - Other letting and operating of own or leased real estate1811,212
    96090 - Other service activities not elsewhere classified1629,009
    47910 - Retail sale via mail order houses or via Internet1510,107
    43210 - Electrical installation155,985
    62020 - Information technology consultancy activities1430,178
    49410 - Freight transport by road1310,842
    74990 - Non-trading company1213,984
    41100 - Development of building projects1211,397
    56302 - Public houses and bars126,285
    43999 - Other specialised construction activities not elsewhere classified98,761
    62090 - Other information technology service activities812,837
    71122 - Engineering related scientific and technical consulting activities83,184
    64999 - Financial intermediation not elsewhere classified76,083
    62012 - Business and domestic software development69,752
    93130 - Fitness facilities61,683

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09340443 FRESHGAS LIMITED 04 Dec 2014
    09342258 A J T ELECTRICAL (NOTTS) LTD 05 Dec 2014
    09349146 GKGB TECHNOLOGIES LIMITED 10 Dec 2014
    09358494 DRIVER FOR HIRE LTD 17 Dec 2014
    09367992 R.LOUGHREY LTD 29 Dec 2014
    09343018 BURGAGE HOMES LIMITED 05 Dec 2014
    09344719 DETALING LTD 08 Dec 2014
    09367979 PD LEADERSHIP SERVICES LTD 29 Dec 2014
    09335386 BENOY HOLDINGS LIMITED 01 Dec 2014
    09335991 CMV83 LIMITED 02 Dec 2014
    09343962 GS ELECTRICAL NOTTS LTD 08 Dec 2014
    09345608 SWIFT LOGISTICS NATIONWIDE LTD 08 Dec 2014
    09349214 SAMMYRECYCLING LIMITED 10 Dec 2014
    09350563 K. W. ELECTRICAL NEWARK LIMITED 11 Dec 2014
    09351831 LEVI HOUSE LTD 11 Dec 2014
    09352472 MICHAEL BUTTERY CONSULTING LIMITED 12 Dec 2014
    09358058 GREENZONE FOOD RECYCLING LIMITED 17 Dec 2014
    09358127 GREENZONE UTILITIES LIMITED 17 Dec 2014
    09358156 GREENZONE RECYCLING LIMITED 17 Dec 2014
    09358169 GREENZONE TELECOMMUNICATIONS LIMITED 17 Dec 2014
    09360065 HOMEMANIA LIMITED 18 Dec 2014
    09360710 HARBRIDGE PROPERTIES (BRADFORD) LIMITED 18 Dec 2014
    09362554 BARNSLEY DEVELOPMENTS LIMITED 19 Dec 2014
    09363694 TOTAL INCOME MANAGEMENT LTD 22 Dec 2014
    09368321 EUROJOBSUK LTD 29 Dec 2014

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