Nottinghamshire
Q1 2015 Business Confidence Report
Headlines
- Q1 2015 saw a new record in company registrations in Nottinghamshire when compared to any previous Q1.
- March 2015 saw a new record in company registrations in Nottinghamshire when compared to any previous March.
- February 2015 saw a new record in company registrations in Nottinghamshire when compared to any previous February.
- January 2015 saw a new record in company registrations in Nottinghamshire when compared to any previous January.
- February 2015 saw a new record in company closures in Nottinghamshire when compared to any previous February.
- January 2015 saw a new record in net growth in Nottinghamshire when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
Q1 2015 saw a new record in company registrations in Nottinghamshire when compared to any previous Q1.
A total of 2,231 companies were registered in Nottinghamshire during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 29.8% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Nottinghamshire UK 2015 2,231 161,156 2014 1,719 150,722 % change 29.8% 6.9% Record Year 2015 (2,231) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 saw a new record in company registrations in Nottinghamshire when compared to any previous March.
February 2015 saw a new record in company registrations in Nottinghamshire when compared to any previous February.
January 2015 saw a new record in company registrations in Nottinghamshire when compared to any previous January.
New Companies by Month
January February March New companies in 2015 909 624 698 New companies in 2014 516 561 642 % change 76.2% 11.2% 8.7% Record Year 2015 (909) 2015 (624) 2015 (698)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 1,045 companies were dissolved in Nottinghamshire during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 18.9% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Nottinghamshire UK 2015 1,045 89,523 2014 879 82,370 % change 18.9% 8.7% Record Year 2009 (1,049) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company closures in Nottinghamshire when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2015 271 364 410 Closed companies in 2014 276 300 303 % change -1.8% 21.3% 35% Record Year 2013 (370) 2015 (364) 2009 (582)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Nottinghamshire during the first quarter of 2015 (Jan 2015 - Mar 2015) was 1,186 companies.
first quarter (Jan 2015 - Mar 2015) Nottinghamshire UK 2015 1,186 71,633 2014 840 68,352 Record Year 2015 (1,186) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
January 2015 saw a new record in net growth in Nottinghamshire when compared to any previous January.
Net Growth by Month
January February March Net growth in 2015 638 260 288 Net growth in 2014 240 261 339 Record Year 2015 (638) 2013 (349) 2002 (428)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Nottinghamshire formed 1.4% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Nottinghamshire 2015 1.4% 2014 1.1% 2013 1.1% 2012 1.0% 2011 1.1% Record Year (since 1960) 2002 (1.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 1.9% 1.2% 1.1% UK formation share in 2014 1.1% 1.2% 1.2% % change 72.8% 2.5% -0.9% Record Year 2015 (1.9%) 1990 (1.4%) 2002 (2.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 42.3.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Nottinghamshire was in 2008 when 34.2% of all directors were female.
25.1% of all director appointments in Nottinghamshire in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.47% CONSULTING 5.23% PROPERTY 1.27% MANAGEMENT 4.56% CONSULTING 1.19% CONSULTANCY 3.62% ELECTRICAL 1.10% PROPERTY 2.72% NOTTINGHAM 0.89% CONSTRUCTION 2.19% CONSULTANCY 0.88% CARE 2.13% CARE 0.80% ENGINEERING 2.12% NEW 0.69% LONDON 1.91% ENGINEERING 0.68% TRADING 1.88% PROPERTIES 0.68% TRANSPORT 1.82% OLD 0.67% ELECTRICAL 1.76% J 0.63% DESIGN 1.65% BLUE 0.62% PROPERTIES 1.63% SDI 0.56% CO., 1.58% S 0.56% J 1.55% DEVELOPMENTS 0.55% CONSULTANTS 1.54% (NOTTINGHAM) 0.55% BUSINESS 1.49% CONSTRUCTION 0.53% INVESTMENTS 1.49% ASSOCIATES 0.49% GLOBAL 1.46% HOUSE 0.49% ASSOCIATES 1.44% BUILDING 0.49% DEVELOPMENTS 1.36% R 0.49% BUILDING 1.31% FITNESS 0.49% IT 1.30% TRADING 0.48% MEDIA 1.28% CONSULTANTS 0.46% M 1.27%
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 2,981 288,953 99999 - Dormant Company 515 49,474 70229 - Management consultancy activities other than financial management 451 43,081 82990 - Other business support service activities not elsewhere classified 386 58,522 62020 - Information technology consultancy activities 298 30,825 96090 - Other service activities not elsewhere classified 214 29,218 74909 - Other professional, scientific and technical activities not elsewhere classified 194 19,098 68209 - Other letting and operating of own or leased real estate 166 11,600 86900 - Other human health activities 166 13,990 47910 - Retail sale via mail order houses or via Internet 159 10,200 41100 - Development of building projects 140 11,863 62090 - Other information technology service activities 125 12,862 74990 - Non-trading company 123 13,794 43999 - Other specialised construction activities not elsewhere classified 119 9,080 56302 - Public houses and bars 114 6,355 43210 - Electrical installation 112 6,139 49410 - Freight transport by road 111 12,485 62012 - Business and domestic software development 105 9,651 43220 - Plumbing, heat and air-conditioning installation 93 5,331 86210 - General medical practice activities 93 4,793
Recent Companies
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Randomly selected companies from this quarter
reports
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