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Norfolk

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Norfolk when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Norfolk when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in Norfolk when compared to any previous February.
  • January 2012 saw a new record in company registrations in Norfolk when compared to any previous January.
  • January 2012 saw a new record in net growth in Norfolk when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company registrations in Norfolk when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Norfolk when compared to any quarter in history.

    A total of 1,023 companies were registered in Norfolk during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 20.1% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)NorfolkUK
    20121,023131,491
    2011852116,391
    % change20.1%13.0%
    Record Year 2012 (1,023) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Norfolk when compared to any previous February.

    January 2012 saw a new record in company registrations in Norfolk when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012302326395
    New companies in 2011231265356
    % change30.7%23.0%11.0%
    Record Year2012 (302)2012 (326)2007 (426)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 405 companies were dissolved in Norfolk during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 30.9% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)NorfolkUK
    201240567,576
    201158690,986
    % change-30.9%-25.7%
    Record Year 2011 (586) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012136140129
    Closed companies in 2011228169189
    % change-40.4%-17.2%-32%
    Record Year2011 (228)2008 (226)2009 (325)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Norfolk during the first quarter of 2012 (Jan 2012 - Mar 2012) was 618 companies.

    first quarter (Jan 2012 - Mar 2012)NorfolkUK
    201261863,915
    201126625,405
    Record Year 2003 (638) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    January 2012 saw a new record in net growth in Norfolk when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012166186266
    Net growth in 2011396167
    Record Year2012 (166)2003 (205)2007 (331)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Norfolk formed 0.8% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Norfolk
    20120.8%
    20110.7%
    20100.8%
    20090.8%
    20080.7%
    Record Year (since 1960) 1961 (1.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.8%0.7%0.8%
    UK formation share in 20110.7%0.7%0.8%
    % change12.1%5.2%3.8%
    Record Year1962 (2.5%)1960 (1.8%)1961 (2.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 44.6.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Norfolk was in 1861 when 40.0% of all directors were female.

    28.2% of all director appointments in Norfolk in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.73%CONSULTING5.07%
    NORFOLK1.71%MANAGEMENT4.74%
    CONSULTING1.44%CONSULTANCY3.30%
    CONSULTANCY1.19%PROPERTY2.37%
    PROPERTY1.12%TRADING2.07%
    ENGINEERING1.07%DESIGN1.93%
    (NORFOLK)1.00%ENGINEERING1.86%
    NORWICH0.91%ASSOCIATES1.84%
    J0.89%CONSULTANTS1.79%
    M0.80%BUSINESS1.73%
    BUSINESS0.80%MEDIA1.72%
    EAST0.78%CONSTRUCTION1.72%
    DESIGN0.75%LONDON1.66%
    CONSULTANTS0.71%J1.54%
    ANGLIA0.71%INVESTMENTS1.51%
    CARE0.68%GLOBAL1.50%
    SYSTEMS0.64%IT1.40%
    R0.62%CARE1.34%
    ELECTRICAL0.62%PROPERTIES1.31%
    MARKETING0.59%ELECTRICAL1.27%
    CO0.57%M1.27%
    ENERGY0.57%BUILDING1.24%
    ASSOCIATES0.55%ENERGY1.20%
    D0.55%S1.20%
    CONSTRUCTION0.55%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,081216,665
    7487 - Other business activities29252,735
    82990 - Other business support service activities not elsewhere classified22835,233
    99999 - Dormant Company18425,084
    70229 - Management consultancy activities other than financial management16419,704
    9999 - Dormant Company10418,617
    74909 - Other professional, scientific and technical activities not elsewhere classified909,892
    62020 - Information technology consultancy activities8314,303
    96090 - Other service activities not elsewhere classified7913,637
    7414 - Business & management consultancy7312,113
    7499 - Non-trading company629,102
    74990 - Non-trading company559,729
    4521 - General construction & civil engineering545,169
    9305 - Other service activities528,818
    7260 - Other computer related activities497,154
    43210 - Electrical installation493,573
    62090 - Other information technology service activities498,145
    86900 - Other human health activities435,066
    41100 - Development of building projects434,984
    71129 - Other engineering activities402,217

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07930981 WYL CONTRACTING SERVICES LIMITED 01 Feb 2012
    07942994 ON TAP BUSINESS SUPPORT LIMITED 09 Feb 2012
    07945426 SNICKET DEVELOPMENTS LIMITED 10 Feb 2012
    07935875 SWAFFHAM FENCING LIMITED 03 Feb 2012
    07946328 THE ALMIGHTY ORACLE ENTERTAINMENT FAMILIA LIMITED 13 Feb 2012
    07948837 BAKER COMPUTER SOLUTIONS LIMITED 14 Feb 2012
    07960549 DAVE LINCE TRANSPORT SERVICES LIMITED 22 Feb 2012
    07936052 ROSTRONS ACCOUNTANTS LIMITED 03 Feb 2012
    07938716 MIKE ECHO ENGINEERING LIMITED 07 Feb 2012
    07944502 STRYKE STUDIOS LIMITED 10 Feb 2012
    07950325 A D MCDONALD HAULAGE LTD 15 Feb 2012
    07957496 NORWICH STEEL LIMITED 21 Feb 2012
    07961382 MOJO ENGINEERING SOLUTIONS LTD 23 Feb 2012
    07961807 PURPLE LIME PROPERTY LTD 23 Feb 2012
    07968653 DIJAY LIMITED 28 Feb 2012
    07970439 P&GH LTD 29 Feb 2012
    07936431 AUTO HUB CARS LIMITED 06 Feb 2012
    07946986 NORFOLK ACADEMIES 13 Feb 2012
    07966360 WORKFORCE PT LTD 27 Feb 2012
    07937859 GLOW GRP LIMITED 06 Feb 2012
    07942036 TIN CAN ISLAND LIMITED 08 Feb 2012
    07942898 ANGLIA FIRST JOINERY LIMITED 09 Feb 2012
    07957870 APPLEWOOD ESTATE AGENT LIMITED 21 Feb 2012
    07963681 ZEBRAFISH PEAR LTD 24 Feb 2012
    07969475 MPJ PROPERTY SOLUTIONS LTD 29 Feb 2012