Nottingham, Nottinghamshire
Q1 2011 Business Confidence Report
Headlines
- February 2011 saw a new record in company registrations in Nottingham when compared to any previous February.
- February 2011 saw a new record in company closures in Nottingham when compared to any previous February.
- January 2011 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 2011)
A total of 920 companies were registered in Nottingham during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 8.7% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Nottingham UK 2011 920 116,391 2010 846 105,137 % change 8.7% 10.7% Record Year 2007 (945) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company registrations in Nottingham when compared to any previous February.
New Companies by Month
January February March New companies in 2011 265 302 353 New companies in 2010 232 261 353 % change 14.2% 15.7% 0.0% Record Year 2003 (305) 2011 (302) 2002 (460)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 659 companies were dissolved in Nottingham during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is a decrease of 2.8% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Nottingham UK 2011 659 90,986 2010 678 82,677 % change -2.8% 10.0% Record Year 2009 (772) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company closures in Nottingham when compared to any previous February.
January 2011 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 2011 216 205 238 Closed companies in 2010 215 204 259 % change 0.5% 0.5% -8% Record Year 2011 (216) 2011 (205) 2009 (433)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Nottingham during the first quarter of 2011 (Jan 2011 - Mar 2011) was 261 companies.
first quarter (Jan 2011 - Mar 2011) Nottingham UK 2011 261 25,405 2010 168 22,460 Record Year 2003 (633) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 49 97 115 Net growth in 2010 17 57 94 Record Year 2003 (185) 2003 (178) 2002 (370)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Nottingham formed 0.8% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Nottingham 2011 0.8% 2010 0.8% 2009 0.8% 2008 0.9% 2007 0.6% Record Year (since 1960) 1974 (1.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.8% 0.8% 0.8% UK formation share in 2010 0.8% 0.8% 0.8% % change -1.5% 1.8% -4.6% Record Year 1968 (2.6%) 1975 (1.7%) 2002 (1.9%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 43.5.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Nottingham was in 1861 when 40.0% of all directors were female.
25.7% of all director appointments in Nottingham in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.87% CONSULTING 5.04% NOTTINGHAM 1.55% MANAGEMENT 4.97% CONSULTING 1.24% CONSULTANCY 3.16% PROPERTY 1.14% PROPERTY 2.38% (NOTTINGHAM) 1.09% TRADING 2.10% CONSULTANCY 0.90% DESIGN 1.93% BUSINESS 0.85% ASSOCIATES 1.92% SECURITY 0.80% BUSINESS 1.87% ASSOCIATES 0.80% CONSTRUCTION 1.80% DESIGN 0.80% CONSULTANTS 1.76% CARE 0.80% MEDIA 1.69% J 0.75% ENGINEERING 1.61% ENGINEERING 0.75% LONDON 1.60% TRADING 0.75% CARE 1.45% ELECTRICAL 0.70% J 1.45% SYSTEMS 0.68% GLOBAL 1.44% TRAINING 0.66% INVESTMENTS 1.43% IT 0.63% IT 1.41% BUILDING 0.63% PROPERTIES 1.36% PROPERTIES 0.63% BUILDING 1.34% S 0.63% M 1.30% MEDIA 0.61% ELECTRICAL 1.28% R 0.51% S 1.24% MIDLANDS 0.51% INTERNATIONAL 1.23% HOUSE 0.51% SYSTEMS 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 1,313 202,798 7487 - Other business activities 397 60,968 82990 - Other business support service activities not elsewhere classified 188 30,253 9999 - Dormant Company 150 19,765 99999 - Dormant Company 131 18,336 70229 - Management consultancy activities other than financial management 121 16,150 7414 - Business & management consultancy 112 12,916 62020 - Information technology consultancy activities 95 10,246 96090 - Other service activities not elsewhere classified 73 10,085 7499 - Non-trading company 72 11,316 7260 - Other computer related activities 71 7,789 74909 - Other professional, scientific and technical activities not elsewhere classified 65 7,788 62090 - Other information technology service activities 59 6,996 9305 - Other service activities 57 8,740 7222 - Other software consultancy and supply 55 7,000 74990 - Non-trading company 54 8,695 43210 - Electrical installation 51 3,172 4521 - General construction & civil engineering 46 6,183 7415 - Holding companies including head offices 43 1,769 86900 - Other human health activities 42 4,092
Recent Companies
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Randomly selected companies from this quarter
reports
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