Nottingham, Nottinghamshire
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Nottingham when compared to any previous November.
- October 2010 saw a new record in company closures in Nottingham when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 3,111 companies were formed in Nottingham in 2010. This total is 11.7% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Nottingham UK 2010 3,111 400,358 2009 2,785 362,675 2008 2,951 349,203 2007 3,163 457,649 2006 2,909 405,440 Record Year 2003 (3,534) 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 1,496 companies were formed in Nottingham. This figure is 13.3% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Nottingham occurred in 2003 when a total of 1,721 were formed.
Half Year (Jul-Dec) Nottingham UK 2010 1,496 196,609 2009 1,320 180,654 % change 13.3% 8.8% Record Year 2003 (1,721) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 723 companies were registered in Nottingham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 17.2% versus the same period last year (Q4 2009). This figure compares well 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) Nottingham UK 2010 723 95,117 2009 617 85,983 % change 17.2% 10.6% Record Year 2002 (791) 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 257 252 214 New companies in 2009 200 227 190 % change 28.5% 11.0% 12.6% Record Year 2002 (297) 2003 (266) 2002 (240)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 2,837 companies were dissolved in Nottingham in 2010. This total is 26.5% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Nottingham UK 2010 2,837 342,232 2009 3,862 533,773 2008 1,659 237,901 2007 1,522 220,295 2006 1,537 200,166 Record Year 2009 (3,862) 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 1,384 companies were dissolved in Nottingham. This figure is 13.9% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Nottingham occurred in 2009 when a total of 1,607 were closed.
Half Year (Jul-Dec) Nottingham UK 2010 1,384 164,601 2009 1,607 244,537 % change -13.9% -32.7% Record Year 2009 (1,607) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 586 companies were dissolved in Nottingham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 6.4% versus the same period last year (Q4 2009). This figure compares poorly 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) Nottingham UK 2010 586 76,896 2009 626 85,136 % change -6.4% -9.7% Record Year 2009 (626) 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 Nottingham when compared to any previous November.
October 2010 saw a new record in company closures in Nottingham when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 220 266 100 Closed companies in 2009 183 212 231 % change 20.2% 25.5% -57% Record Year 2010 (220) 2010 (266) 2009 (231)
Net Company Growth
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Annual Data (2010)
A total of 274 companies were added to the company register for Nottingham in 2010. This number represents growth of 9.8% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 1,351 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Nottingham company register grew by 2,350 companies.
Year Nottingham UK 2010 274 58,126 2009 -1,077 -171,098 2008 1,292 111,302 2007 1,641 237,354 2006 1,372 205,274 Record Year 2003 (2,350) 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 Nottingham increased by 112 companies.
Half Year (Jul-Dec) Nottingham UK 2010 112 32,008 2009 -287 -63,883 Record Year 2003 (1,088) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Nottingham during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 137 companies.
fourth quarter (Oct 2010 - Dec 2010) Nottingham UK 2010 137 18,221 2009 -9 847 Record Year 2003 (473) 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 37 -14 114 Net growth in 2009 17 15 -41 Record Year 2008 (200) 2003 (169) 2002 (156)
UK Company Share
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Annual Data (2010)
In 2010 Nottingham formed 0.8% of all UK companies. This is no change on 2009 when Nottingham was responsible for 0.8% of all UK companies.
Year Nottingham 2010 0.8% 2009 0.8% 2008 0.8% 2007 0.7% 2006 0.7% Record Year (since 1960) 1974 (1.3%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Nottingham formed 0.8% of all UK companies. This is more than the 2009 figure of 0.7%.
Half Year (Jul-Dec) Nottingham 2010 0.8% 2009 0.7% 2008 0.8% 2007 0.8% 2006 0.7% Record Year (since 1960) 1973 (1.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Nottingham formed 0.8% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Nottingham 2010 0.8% 2009 0.7% 2008 0.9% 2007 0.8% 2006 0.7% Record Year (since 1960) 1976 (1.7%) 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 0.8% 0.7% 0.8% UK formation share in 2009 0.7% 0.7% 0.7% % change 12.5% -0.8% 7.2% Record Year 1976 (2.1%) 1966 (1.8%) 1973 (1.8%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.1.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 3.9% 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 43.6.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 3.9% 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 44.1.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 4.4% 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 Nottingham was 1857 when 36.4% of all directors were female.
The percentage of female directors in Nottingham in 2010 was 27.7%. 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 Nottingham was 1860 when 42.9% of all directors were female.
24.1% of all director appointments in Nottingham 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 Nottingham was in 1977 when 31.1% of all directors were female.
24.8% of all director appointments in Nottingham 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 MANAGEMENT 1.68% CONSULTING 5.06% CONSULTING 1.55% MANAGEMENT 5.01% NOTTINGHAM 1.40% CONSULTANCY 3.14% PROPERTY 1.13% PROPERTY 2.36% (NOTTINGHAM) 0.98% TRADING 2.11% CONSULTANCY 0.95% ASSOCIATES 1.95% ELECTRICAL 0.88% DESIGN 1.92% DESIGN 0.85% BUSINESS 1.82% J 0.78% CONSTRUCTION 1.82% BUSINESS 0.78% CONSULTANTS 1.76% CARE 0.78% MEDIA 1.71% TRADING 0.75% ENGINEERING 1.62% ASSOCIATES 0.75% LONDON 1.60% SECURITY 0.75% CARE 1.45% ENGINEERING 0.75% INVESTMENTS 1.44% S 0.68% GLOBAL 1.43% TRAINING 0.65% J 1.42% SYSTEMS 0.65% IT 1.41% IT 0.65% PROPERTIES 1.34% BUILDING 0.63% INTERNATIONAL 1.34% MEDIA 0.60% BUILDING 1.34% M 0.58% M 1.30% DEVELOPMENTS 0.58% ELECTRICAL 1.25% CASTLEGATE 0.53% SYSTEMS 1.24% CONSULTANTS 0.50% 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 1,290 199,572 7487 - Other business activities 403 63,348 82990 - Other business support service activities not elsewhere classified 177 27,550 9999 - Dormant Company 154 20,144 70229 - Management consultancy activities other than financial management 120 14,505 7414 - Business & management consultancy 117 13,474 99999 - Dormant Company 112 16,285 62020 - Information technology consultancy activities 86 9,177 7260 - Other computer related activities 78 8,089 7499 - Non-trading company 76 12,000 96090 - Other service activities not elsewhere classified 65 8,799 9305 - Other service activities 64 8,858 62090 - Other information technology service activities 57 6,330 7222 - Other software consultancy and supply 54 7,298 74909 - Other professional, scientific and technical activities not elsewhere classified 52 7,088 4521 - General construction & civil engineering 51 6,598 74990 - Non-trading company 48 8,243 7415 - Holding companies including head offices 47 1,851 43210 - Electrical installation 45 2,980 64209 - Activities of other holding companies not elsewhere classified 38 875
Recent Companies
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Randomly selected companies from this quarter
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