King's Lynn, Norfolk
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in King's Lynn when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in King's Lynn when compared to any previous second half year.
- Q4 2013 saw a new record in company registrations in King's Lynn when compared to any previous Q4.
- October 2013 saw a new record in company registrations in King's Lynn when compared to any previous October.
- October 2013 saw a new record in company closures in King's Lynn when compared to any previous October.
- October 2013 saw a new record in net growth in King's Lynn when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in King's Lynn when compared to any year in history.
A total of 443 companies were formed in King's Lynn in 2013. This total is 4.5% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year King's Lynn UK 2013 443 529,363 2012 424 491,893 2011 376 452,870 2010 320 400,358 2009 296 362,675 Record Year 2013 (443) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in King's Lynn when compared to any previous second half year.
In the second half of 2013 a total of 211 companies were formed in King's Lynn. This figure is 3.4% higher than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in King's Lynn occurred in 2013 when a total of 211 were formed.
Half Year (Jul-Dec) King's Lynn UK 2013 211 259,931 2012 204 238,743 % change 3.4% 8.9% Record Year 2013 (211) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in King's Lynn when compared to any previous Q4.
A total of 109 companies were registered in King's Lynn during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 4.8% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) King's Lynn UK 2013 109 127,247 2012 104 119,875 % change 4.8% 6.1% Record Year 2013 (109) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 saw a new record in company registrations in King's Lynn when compared to any previous October.
New Companies by Month
October November December New companies in 2013 51 35 23 New companies in 2012 38 37 29 % change 34.2% -5.4% -20.7% Record Year 2013 (51) 2002 (38) 2012 (29)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 253 companies were dissolved in King's Lynn in 2013. This total is 16.6% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year King's Lynn UK 2013 253 332,213 2012 217 293,729 2011 198 314,524 2010 226 342,233 2009 320 533,789 Record Year 2009 (320) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 111 companies were dissolved in King's Lynn. This figure is 4.3% lower than last year, which compares well to the UK wide change of 21.3%.
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 2013 111 177,021 2012 116 145,935 % change -4.3% 21.3% Record Year 2009 (157) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 57 companies were dissolved in King's Lynn during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 11.8% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) King's Lynn UK 2013 57 90,851 2012 51 70,027 % change 11.8% 29.7% Record Year 2009 (63) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 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 2013 22 21 14 Closed companies in 2012 21 22 8 % change 4.8% -4.5% 75% Record Year 2013 (22) 2011 (26) 2009 (22)
Net Company Growth
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Annual Data (2013)
A total of 190 companies were added to the company register for King's Lynn in 2013. This number represents growth of 42.9% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 17 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the King's Lynn company register grew by 236 companies.
Year King's Lynn UK 2013 190 197,150 2012 207 198,164 2011 178 138,346 2010 94 58,125 2009 -24 -171,114 Record Year 2007 (236) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for King's Lynn increased by 100 companies.
Half Year (Jul-Dec) King's Lynn UK 2013 100 82,910 2012 88 92,808 Record Year 2002 (135) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for King's Lynn during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 52 companies.
fourth quarter (Oct 2013 - Dec 2013) King's Lynn UK 2013 52 36,396 2012 53 49,848 Record Year 2007 (57) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 saw a new record in net growth in King's Lynn when compared to any previous October.
Net Growth by Month
October November December Net growth in 2013 29 14 9 Net growth in 2012 17 15 21 Record Year 2013 (29) 2002 (27) 2012 (21)
UK Company Share
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Annual Data (2013)
In 2013 King's Lynn formed 0.1% of all UK companies. This is no change on 2012 when King's Lynn was responsible for 0.1% of all UK companies.
Year King's Lynn 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2002 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 King's Lynn formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) King's Lynn 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1967 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, King's Lynn formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) King's Lynn 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1967 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change 24.7% -7.0% -27.9% Record Year 1967 (0.6%) 1982 (0.2%) 2007 (0.1%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 44.0.
The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 44.2.
The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 45.1.
The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in King's Lynn was 1983 when 100.0% of all directors were female.
The percentage of female directors in King's Lynn in 2013 was 32.1%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in King's Lynn was 2006 when 36.1% of all directors were female.
29.6% of all director appointments in King's Lynn in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in King's Lynn was in 2005 when 38.1% of all directors were female.
32.2% of all director appointments in King's Lynn in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORFOLK 2.05% CONSULTING 5.22% J 1.28% MANAGEMENT 4.72% LYNN 1.15% CONSULTANCY 3.45% HOME 1.02% PROPERTY 2.59% T 1.02% TRADING 2.08% M 1.02% ENGINEERING 1.87% ENGINEERING 0.90% LONDON 1.86% CO 0.90% DESIGN 1.76% BUILDERS 0.90% CONSTRUCTION 1.73% D 0.77% CARE 1.73% CARE 0.77% BUSINESS 1.71% MANAGEMENT 0.77% CONSULTANTS 1.68% ELECTRICAL 0.77% GLOBAL 1.58% DEVELOPMENTS 0.77% INVESTMENTS 1.56% DESIGN 0.77% PROPERTIES 1.54% SECURITY 0.77% ASSOCIATES 1.53% SYSTEMS 0.77% J 1.51% TRADING 0.64% MEDIA 1.50% KINGS 0.64% IT 1.35% CONSULTING 0.64% DEVELOPMENTS 1.23% ASSOCIATES 0.64% M 1.23% CONSTRUCTION 0.64% BUILDING 1.21% CONSULTANCY 0.64% ELECTRICAL 1.20% HAIR 0.64% CAPITAL 1.19% PROPERTY 0.64% ENERGY 1.14%
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 171 266,814 99999 - Dormant Company 36 46,762 70229 - Management consultancy activities other than financial management 24 36,164 82990 - Other business support service activities not elsewhere classified 23 55,342 96090 - Other service activities not elsewhere classified 21 26,001 74909 - Other professional, scientific and technical activities not elsewhere classified 18 18,034 71129 - Other engineering activities 14 5,158 62020 - Information technology consultancy activities 13 27,183 74990 - Non-trading company 12 14,223 43220 - Plumbing, heat and air-conditioning installation 12 4,687 43999 - Other specialised construction activities not elsewhere classified 12 7,823 41202 - Construction of domestic buildings 11 6,191 86900 - Other human health activities 10 9,543 47910 - Retail sale via mail order houses or via Internet 10 8,879 56302 - Public houses and bars 9 5,503 49410 - Freight transport by road 9 7,333 45200 - Maintenance and repair of motor vehicles 8 4,987 47990 - Other retail sale not in stores, stalls or markets 8 5,800 41100 - Development of building projects 8 9,485 43290 - Other construction installation 7 3,149
Recent Companies
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Randomly selected companies from this quarter
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