Nottingham, Nottinghamshire
Q1 2010 Business Confidence Report
Headlines
- February 2010 saw a new record in company closures in Nottingham when compared to any previous February.
- January 2010 saw a new record in company closures in Nottingham when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 846 companies were registered in Nottingham during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 10.7% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Nottingham UK 2010 846 105,137 2009 764 91,034 % change 10.7% 15.5% Record Year 2007 (945) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 232 261 353 New companies in 2009 215 229 320 % change 7.9% 14.0% 10.3% Record Year 2003 (305) 2007 (298) 2002 (460)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 678 companies were dissolved in Nottingham during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 12.2% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Nottingham UK 2010 678 82,677 2009 772 108,060 % change -12.2% -23.5% Record Year 2009 (772) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company closures in Nottingham when compared to any previous February.
January 2010 saw a new record in company closures in Nottingham when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2010 215 204 259 Closed companies in 2009 148 191 433 % change 45.3% 6.8% -40% Record Year 2010 (215) 2010 (204) 2009 (433)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Nottingham during the first quarter of 2010 (Jan 2010 - Mar 2010) was 168 companies.
first quarter (Jan 2010 - Mar 2010) Nottingham UK 2010 168 22,460 2009 -8 -17,026 Record Year 2003 (633) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 17 57 94 Net growth in 2009 67 38 -113 Record Year 2003 (185) 2003 (178) 2002 (370)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Nottingham formed 0.8% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Nottingham 2010 0.8% 2009 0.8% 2008 0.9% 2007 0.6% 2006 0.7% Record Year (since 1960) 1974 (1.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.8% 0.8% 0.8% UK formation share in 2009 0.8% 0.8% 0.9% % change 0.1% -2.4% -8.3% Record Year 1968 (2.6%) 1975 (1.7%) 2002 (1.9%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 44.8.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Nottingham was in 1861 when 40.0% of all directors were female.
25.1% of all director appointments in Nottingham in the first 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 (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.75% MANAGEMENT 5.01% CONSULTING 1.56% CONSULTING 4.60% (NOTTINGHAM) 1.23% CONSULTANCY 2.87% NOTTINGHAM 1.23% PROPERTY 2.50% PROPERTY 1.09% ASSOCIATES 2.04% ELECTRICAL 1.04% TRADING 1.93% S 1.01% DESIGN 1.91% ASSOCIATES 0.93% CONSTRUCTION 1.87% J 0.88% MEDIA 1.84% DESIGN 0.88% BUSINESS 1.74% BUSINESS 0.82% INTERNATIONAL 1.73% CONSULTANCY 0.74% CONSULTANTS 1.63% CONSULTANTS 0.71% ENGINEERING 1.54% P 0.68% J 1.48% CONSTRUCTION 0.63% LONDON 1.45% TRAINING 0.63% INVESTMENTS 1.45% SECURITY 0.60% GROUP 1.37% MEDIA 0.60% GLOBAL 1.35% M 0.57% PROPERTIES 1.35% DEVELOPMENTS 0.52% BUILDING 1.34% BUILDING 0.52% CARE 1.33% SYSTEMS 0.52% ELECTRICAL 1.30% MARKETING 0.52% M 1.28% INVESTMENTS 0.52% SYSTEMS 1.25% GREEN 0.52% 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 1,470 228,645 7487 - Other business activities 428 74,904 82990 - Other business support service activities not elsewhere classified 166 26,974 9999 - Dormant Company 164 19,948 70229 - Management consultancy activities other than financial management 141 14,007 7414 - Business & management consultancy 140 17,003 7260 - Other computer related activities 96 10,331 99999 - Dormant Company 95 13,808 7499 - Non-trading company 93 15,398 62020 - Information technology consultancy activities 89 9,943 9305 - Other service activities 81 9,038 4521 - General construction & civil engineering 75 9,325 7222 - Other software consultancy and supply 74 9,659 96090 - Other service activities not elsewhere classified 73 8,154 74990 - Non-trading company 66 8,149 43210 - Electrical installation 58 3,163 62090 - Other information technology service activities 52 6,340 74909 - Other professional, scientific and technical activities not elsewhere classified 44 7,143 68209 - Other letting and operating of own or leased real estate 40 4,131 4531 - Installation electrical wiring etc. 39 2,729
Recent Companies
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Randomly selected companies from this quarter
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