More young directors and fewer female directors in Mansfield reports Duport

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Research by company formation agents Duport.co.uk shows that the percentage of young director appointments in Mansfield is rising, while female director appointments are falling.

Rising number of young directors in Mansfiled

The rising number of young directors in Mansfield is a really positive sign for the local economy, and should help bring fresh ideas to the business community

Mansfield: Between July and September, the percentage of director appointments under the age of 25 in Mansfield rose, according to the latest Duport Business Confidence Report.

During this period, 6% of directors were under 25, compared to just 2% during the third quarter of 2011.

However, the third quarter also saw a drop in the number of female director appointments, with 15% of director appointments being female, compared to 21% in Q3 2011.

The area is currently undergoing a regeneration project that aims to kick-start economic growth and attract investment, whilst improving the town centre for residents and visitors.

Managing Director of Duport.co.uk, Peter Valaitis commented:

“The rising number of young directors in Mansfield is a really positive sign for the local economy, and should help bring fresh ideas to the business community.”

“A falling number of female directors is less positive, but I would hope the regeneration of the town centre will attract new companies and provide more opportunities for businesswomen.”

The Duport Business Confidence Report detailed economic data on the local economy of Mansfield. More information can be found at http://www.duport.co.uk/mansfield.

Duport Business Confidence Reports are generated and released by Duport Associates Ltd. The data contained in these reports is assimilated and analysed by Duport using public record data from sources including Companies House, Office for National Statistics and Ordnance Survey. Duport Associates Ltd is a leading UK company formation agent, established in 1997 and registering around 10,000 new companies each year through its Companies House approved software.

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Tom Valaitis