King's Lynn, Norfolk
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in King's Lynn when compared to any year in history.
- The second half of 2012 saw a new record in company registrations in King's Lynn when compared to any previous second half year.
- Q4 2012 saw a new record in company registrations in King's Lynn when compared to any previous Q4.
- December 2012 saw a new record in company registrations in King's Lynn when compared to any previous December.
- October 2012 saw a new record in company closures in King's Lynn when compared to any previous October.
- December 2012 saw a new record in net growth in King's Lynn when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in King's Lynn when compared to any year in history.
A total of 424 companies were formed in King's Lynn in 2012. This total is 12.8% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year King's Lynn UK 2012 424 491,893 2011 376 452,870 2010 320 400,358 2009 296 362,675 2008 301 349,203 Record Year 2012 (424) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in King's Lynn when compared to any previous second half year.
In the second half of 2012 a total of 204 companies were formed in King's Lynn. This figure is 17.9% higher than last year, which compares well to the UK wide figure of 6.5%.
The highest total for a second half year in King's Lynn occurred in 2012 when a total of 204 were formed.
Half Year (Jul-Dec) King's Lynn UK 2012 204 238,743 2011 173 224,135 % change 17.9% 6.5% Record Year 2012 (204) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company registrations in King's Lynn when compared to any previous Q4.
A total of 104 companies were registered in King's Lynn during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 15.6% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) King's Lynn UK 2012 104 119,875 2011 90 109,623 % change 15.6% 9.4% Record Year 2012 (104) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in company registrations in King's Lynn when compared to any previous December.
New Companies by Month
October November December New companies in 2012 38 37 29 New companies in 2011 39 30 21 % change -2.6% 23.3% 38.1% Record Year 2011 (39) 2002 (38) 2012 (29)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 217 companies were dissolved in King's Lynn in 2012. This total is 9.6% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year King's Lynn UK 2012 217 293,728 2011 198 314,524 2010 226 342,233 2009 320 533,787 2008 165 237,873 Record Year 2009 (320) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 116 companies were dissolved in King's Lynn. This figure is 27.5% higher than last year, which compares badly to the UK wide change of -4.1%.
The highest total for a second half year in King's Lynn occurred in 2009 when a total of 157 were closed.
Half Year (Jul-Dec) King's Lynn UK 2012 116 145,934 2011 91 152,213 % change 27.5% -4.1% Record Year 2009 (157) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 51 companies were dissolved in King's Lynn during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 1.9% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) King's Lynn UK 2012 51 70,026 2011 52 79,983 % change -1.9% -12.4% Record Year 2009 (63) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in King's Lynn when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 21 22 8 Closed companies in 2011 14 26 12 % change 50.0% -15.4% -33% Record Year 2009 (21) 2011 (26) 2009 (22)
Net Company Growth
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Annual Data (2012)
A total of 207 companies were added to the company register for King's Lynn in 2012. This number represents growth of 55.1% in the total number of active companies, which compares favourably to the UK figure of 43.8%.
This number is 29 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the King's Lynn company register grew by 275 companies.
Year King's Lynn UK 2012 207 198,165 2011 178 138,346 2010 94 58,125 2009 -24 -171,112 2008 136 111,330 Record Year 2003 (275) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for King's Lynn increased by 88 companies.
Half Year (Jul-Dec) King's Lynn UK 2012 88 92,809 2011 82 71,922 Record Year 2002 (135) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for King's Lynn during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 53 companies.
fourth quarter (Oct 2012 - Dec 2012) King's Lynn UK 2012 53 49,849 2011 38 29,640 Record Year 2002 (72) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in net growth in King's Lynn when compared to any previous December.
Net Growth by Month
October November December Net growth in 2012 17 15 21 Net growth in 2011 25 4 9 Record Year 2007 (26) 2002 (27) 2012 (21)
UK Company Share
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Annual Data (2012)
In 2012 King's Lynn formed 0.1% of all UK companies. This is no change on 2011 when King's Lynn was responsible for 0.1% of all UK companies.
Year King's Lynn 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1961 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 King's Lynn formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.
Half Year (Jul-Dec) King's Lynn 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1971 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, King's Lynn formed 0.1% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) King's Lynn 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1974 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change -18.2% 17.3% 34.4% Record Year 1967 (0.6%) 1963 (0.5%) 1973 (0.4%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 44.4.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 43.9.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 44.9.
The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in King's Lynn was 1860 when 35.7% of all directors were female.
The percentage of female directors in King's Lynn in 2012 was 35.0%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in King's Lynn was 1860 when 42.9% of all directors were female.
29.3% of all director appointments in King's Lynn in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in King's Lynn was in 1977 when 31.2% of all directors were female.
29.9% of all director appointments in King's Lynn in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORFOLK 1.56% CONSULTING 5.15% CONSULTING 1.30% MANAGEMENT 4.78% (NORFOLK) 1.17% CONSULTANCY 3.31% CONSULTANCY 0.91% PROPERTY 2.40% ENGINEERING 0.91% TRADING 2.03% LYNN 0.78% DESIGN 1.86% DEVELOPMENTS 0.78% ASSOCIATES 1.82% ASSOCIATES 0.65% ENGINEERING 1.79% K 0.65% BUSINESS 1.76% DESIGN 0.65% CONSULTANTS 1.75% HEALTH 0.65% CONSTRUCTION 1.69% M 0.65% LONDON 1.69% WEST 0.65% MEDIA 1.69% PROPERTY 0.65% GLOBAL 1.59% GREEN 0.52% J 1.57% J 0.52% INVESTMENTS 1.46% ENERGY 0.52% IT 1.43% HOMES 0.52% CARE 1.39% PLANT 0.52% PROPERTIES 1.34% R 0.52% M 1.26% YOUR 0.52% BUILDING 1.23% C 0.52% ENTERPRISES 1.21% COASTAL 0.52% TRAINING 1.18% CO 0.52% ELECTRICAL 1.17% ELECTRICAL 0.52% SECURITY 1.17%
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 126 236,139 99999 - Dormant Company 38 40,648 82990 - Other business support service activities not elsewhere classified 28 52,427 70229 - Management consultancy activities other than financial management 24 30,396 74909 - Other professional, scientific and technical activities not elsewhere classified 22 15,572 43220 - Plumbing, heat and air-conditioning installation 13 4,045 49410 - Freight transport by road 12 5,165 96090 - Other service activities not elsewhere classified 11 22,058 74990 - Non-trading company 10 13,808 71129 - Other engineering activities 10 3,763 43210 - Electrical installation 9 5,304 86900 - Other human health activities 8 7,866 56302 - Public houses and bars 7 4,543 56101 - Licensed restaurants 7 6,400 47910 - Retail sale via mail order houses or via Internet 7 6,307 43999 - Other specialised construction activities not elsewhere classified 7 6,419 56103 - Take-away food shops and mobile food stands 6 5,132 74100 - specialised design activities 6 3,267 45200 - Maintenance and repair of motor vehicles 6 4,290 9999 - Dormant Company 6 4,599
Recent Companies
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Randomly selected companies from this quarter
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