King's Lynn, Norfolk

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in King's Lynn when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in King's Lynn when compared to any previous second half year.
  • November 2014 saw a new record in company registrations in King's Lynn when compared to any previous November.
  • December 2014 saw a new record in company closures in King's Lynn when compared to any previous December.
  • November 2014 saw a new record in net growth in King's Lynn when compared to any previous November.

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Annual Data (2014)

    2014 was a record year for company registrations in King's Lynn when compared to any year in history.

    A total of 455 companies were formed in King's Lynn in 2014. This total is 2.7% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearKing's LynnUK
    2014455582,051
    2013443529,363
    2012424491,893
    2011376452,870
    2010320400,358
    Record Year2014 (455)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in King's Lynn when compared to any previous second half year.

    In the second half of 2014 a total of 224 companies were formed in King's Lynn. This figure is 6.2% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in King's Lynn occurred in 2014 when a total of 224 were formed.

    Half Year (Jul-Dec)King's LynnUK
    2014224281,320
    2013211259,931
    % change6.2%8.2%
    Record Year2014 (224)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 108 companies were registered in King's Lynn during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 0.9% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)King's LynnUK
    2014108137,906
    2013109127,247
    % change-0.9%8.4%
    Record Year 2013 (109) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in company registrations in King's Lynn when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014404424
    New companies in 2013513523
    % change-21.6%25.7%4.3%
    Record Year2013 (51)2014 (44)2012 (29)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 262 companies were dissolved in King's Lynn in 2014. This total is 3.6% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearKing's LynnUK
    2014262367,937
    2013253332,213
    2012217293,729
    2011198314,524
    2010226342,233
    Record Year2009 (320)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 138 companies were dissolved in King's Lynn. This figure is 24.3% higher than last year, which compares badly to the UK wide change of 7.7%.

    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 LynnUK
    2014138190,730
    2013111177,021
    % change24.3%7.7%
    Record Year2009 (157)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 67 companies were dissolved in King's Lynn during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 17.5% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)King's LynnUK
    20146789,060
    20135790,851
    % change17.5%-2.0%
    Record Year 2014 (67) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in King's Lynn when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014181534
    Closed companies in 2013222114
    % change-18.2%-28.6%143%
    Record Year2013 (22)2011 (26)2014 (34)

Net Company Growth

  1. Annual Data (2014)

    A total of 193 companies were added to the company register for King's Lynn in 2014. This number represents growth of 42.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 3 companies higher 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.

    YearKing's LynnUK
    2014193214,114
    2013190197,150
    2012207198,164
    2011178138,346
    20109458,125
    Record Year2007 (236)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for King's Lynn increased by 86 companies.

    Half Year (Jul-Dec)King's LynnUK
    20148690,590
    201310082,910
    Record Year2002 (135)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for King's Lynn during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 41 companies.

    fourth quarter (Oct 2014 - Dec 2014)King's LynnUK
    20144148,846
    20135236,396
    Record Year 2007 (57) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in net growth in King's Lynn when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20142229-10
    Net growth in 201329149
    Record Year2013 (29)2014 (29)2012 (21)

UK Company Share

  1. Annual Data (2014)

    In 2014 King's Lynn formed 0.1% of all UK companies. This is no change on 2013 when King's Lynn was responsible for 0.1% of all UK companies.

    YearKing's Lynn
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2002 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 King's Lynn formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)King's Lynn
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1967 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, King's Lynn formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)King's Lynn
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1967 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-25.4%19.3%-10.7%
    Record Year1967 (0.6%)1982 (0.2%)2007 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.3.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 44.3.

    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 3.3% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 45.2.

    The percentage of directors under the age of 25 was 7.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    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 2014 was 30.0%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in King's Lynn was 2006 when 36.1% of all directors were female.

    30.6% of all director appointments in King's Lynn in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in King's Lynn was in 2005 when 38.1% of all directors were female.

    30.0% of all director appointments in King's Lynn in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT1.92%CONSULTING5.22%
    NORFOLK1.56%MANAGEMENT4.58%
    ELECTRICAL0.96%CONSULTANCY3.57%
    J0.96%PROPERTY2.66%
    ANGLIA0.84%CONSTRUCTION2.12%
    CONSULTANCY0.84%ENGINEERING2.10%
    (NORFOLK)0.72%CARE2.02%
    S0.72%TRADING1.94%
    PROPERTY0.72%LONDON1.93%
    EAST0.72%TRANSPORT1.93%
    CARE0.72%DESIGN1.66%
    CONSULTING0.60%CONSULTANTS1.64%
    CO0.60%ELECTRICAL1.62%
    CLEANING0.60%PROPERTIES1.62%
    C0.60%BUSINESS1.56%
    ROAD0.60%J1.54%
    NAR0.60%CO.,1.50%
    R0.60%GLOBAL1.49%
    HOUSE0.60%INVESTMENTS1.48%
    (BLOCK0.60%ASSOCIATES1.47%
    VALLEY0.60%DEVELOPMENTS1.35%
    PROPERTIES0.60%MEDIA1.33%
    HOME0.60%IT1.31%
    BUILDING0.60%BUILDING1.29%
    CONSULTANTS0.48%M1.22%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied159265,608
    99999 - Dormant Company3548,509
    70229 - Management consultancy activities other than financial management3342,290
    96090 - Other service activities not elsewhere classified2229,009
    41202 - Construction of domestic buildings217,559
    82990 - Other business support service activities not elsewhere classified1958,068
    41100 - Development of building projects1711,397
    74909 - Other professional, scientific and technical activities not elsewhere classified1619,049
    62020 - Information technology consultancy activities1530,178
    68209 - Other letting and operating of own or leased real estate1311,212
    86900 - Other human health activities1312,976
    43210 - Electrical installation135,985
    56302 - Public houses and bars116,285
    45200 - Maintenance and repair of motor vehicles105,425
    47910 - Retail sale via mail order houses or via Internet1010,107
    43999 - Other specialised construction activities not elsewhere classified108,761
    96020 - Hairdressing and other beauty treatment106,742
    71129 - Other engineering activities96,132
    49410 - Freight transport by road910,842
    47990 - Other retail sale not in stores, stalls or markets96,452

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09337386 FEATHER HEALTH LIMITED 02 Dec 2014
    09343932 BEAR DENT LTD 08 Dec 2014
    09344232 CONTOURS BEAUTY LIMITED 08 Dec 2014
    09344367 CHRIS BURNETT LTD 08 Dec 2014
    09350494 ELECSELECT LIMITED 11 Dec 2014
    09352963 BRIK - TEK LIMITED 12 Dec 2014
    09354060 A WILLIAMS DECORATORS LIMITED 15 Dec 2014
    09358121 PAULROY SERVICES LTD 17 Dec 2014
    09362492 DAWSON BUILDING CONTRACTORS LIMITED 19 Dec 2014
    09366585 CONNELL CONSULTANCY LTD 24 Dec 2014
    09346372 QUAFF AND SLOSH LIMITED 08 Dec 2014
    09360482 BRV (UK) LIMITED 18 Dec 2014
    09366522 GLEBE MINI MARKET LTD 24 Dec 2014
    09337280 PARKER AND CHASE EDMONDS EDUCATION LIMITED 02 Dec 2014
    09337336 THE IBC CORPORATION LIMITED 02 Dec 2014
    09342468 BURGHWOOD 1971 LIMITED 05 Dec 2014
    09345692 PETE BUNTING LTD 08 Dec 2014
    09349791 MCBRIDES INDUSTRIAL LEASING LIMITED 10 Dec 2014
    09362287 CLIVE WALKER CONTRACTING LTD 19 Dec 2014
    09335931 ALDERNEY LIVESTOCK COMPANY LTD 02 Dec 2014
    09342358 KINGSBRIDGE HOME LTD 05 Dec 2014
    09343716 KINGSBRIDGE HOMEIMPROVEMENT LTD 05 Dec 2014
    09366875 FLAMETHROWER LIMITED 24 Dec 2014
    09356366 PRO BUILD NORFOLK LTD 16 Dec 2014

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