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Norfolk

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in Norfolk when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in Norfolk when compared to any half year in history.

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. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in company registrations in Norfolk when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in Norfolk when compared to any half year in history.

    In the first half of 2012 a total of 1,832 companies were formed in Norfolk. This figure is 7.8% higher than last year, which compares badly to the UK wide figure of 10.7%.

    The highest total for a first half year in Norfolk occurred in 2012 when a total of 1,832 were formed.

    Half Year (Jan-Jun)NorfolkUK
    20121,832253,150
    20111,699228,735
    % change7.8%10.7%
    Record Year2012 (1,832)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 809 companies were registered in Norfolk during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is a decrease of 4.5% versus the same period last year (Q2 2011). This figure compares badly to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)NorfolkUK
    2012809121,659
    2011847112,344
    % change-4.5%8.3%
    Record Year 2003 (904) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    New Companies by Month
    AprilMayJune
    New companies in 2012298288223
    New companies in 2011268286293
    % change11.2%0.7%-23.9%
    Record Year2003 (317)2003 (301)2011 (293)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 920 companies were dissolved in Norfolk. This figure is 14.8% lower than last year, which compares well to the UK wide change of -8.9%.

    The highest total for a first half year in Norfolk occurred in 2009 when a total of 1,528 were closed.

    Half Year (Jan-Jun)NorfolkUK
    2012920147,793
    20111,080162,310
    % change-14.8%-8.9%
    Record Year2009 (1,528)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 515 companies were dissolved in Norfolk during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 4.3% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)NorfolkUK
    201251580,217
    201149471,324
    % change4.3%12.5%
    Record Year 2009 (956) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012153176186
    Closed companies in 2011108224162
    % change41.7%-21.4%15%
    Record Year2009 (176)2009 (440)2009 (340)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Norfolk increased by 912 companies.

    Half Year (Jan-Jun)NorfolkUK
    2012912105,357
    201161966,425
    Record Year2003 (1,292)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Norfolk during the second quarter of 2012 (Apr 2012 - Jun 2012) was 294 companies.

    second quarter (Apr 2012 - Jun 2012)NorfolkUK
    201229441,442
    201135341,020
    Record Year 2003 (654) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 201214511237
    Net growth in 201116062131
    Record Year2003 (220)2003 (227)2008 (216)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Norfolk formed 0.7% of all UK companies. This is the same as the 2011 figure of 0.7%.

    Half Year (Jan-Jun)Norfolk
    20120.7%
    20110.7%
    20100.7%
    20090.7%
    20080.8%
    Record Year (since 1960) 1961 (1.6%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Norfolk formed 0.7% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Norfolk
    20120.7%
    20110.8%
    20100.7%
    20090.7%
    20080.8%
    Record Year (since 1960) 1969 (1.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.7%0.7%0.6%
    UK formation share in 20110.8%0.8%0.7%
    % change-6.4%-11.7%-18.7%
    Record Year1969 (1.9%)1968 (1.6%)1969 (1.7%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 44.3.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 43.9.

    The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

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

    26.1% of all director appointments in Norfolk in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Norfolk was in 1866 when 57.1% of all directors were female.

    27.3% of all director appointments in Norfolk in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    NORFOLK1.71%CONSULTING5.07%
    MANAGEMENT1.64%MANAGEMENT4.74%
    CONSULTING1.48%CONSULTANCY3.28%
    CONSULTANCY1.22%PROPERTY2.35%
    PROPERTY1.08%TRADING2.10%
    NORWICH1.08%DESIGN1.89%
    ENGINEERING1.06%ENGINEERING1.87%
    (NORFOLK)0.99%ASSOCIATES1.82%
    J0.92%CONSULTANTS1.78%
    EAST0.88%CONSTRUCTION1.71%
    BUSINESS0.83%BUSINESS1.70%
    M0.81%MEDIA1.69%
    DESIGN0.74%LONDON1.68%
    SYSTEMS0.71%J1.57%
    ANGLIA0.71%GLOBAL1.51%
    MEDIA0.69%INVESTMENTS1.48%
    ELECTRICAL0.65%IT1.42%
    R0.65%CARE1.31%
    D0.62%PROPERTIES1.31%
    CARE0.60%M1.26%
    CONSULTANTS0.58%ELECTRICAL1.23%
    S0.55%BUILDING1.23%
    HOUSE0.55%SECURITY1.19%
    ASSOCIATES0.55%S1.18%
    G0.53%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,300244,457
    7487 - Other business activities26547,029
    82990 - Other business support service activities not elsewhere classified22935,447
    99999 - Dormant Company18226,088
    70229 - Management consultancy activities other than financial management17320,390
    9999 - Dormant Company9716,469
    74909 - Other professional, scientific and technical activities not elsewhere classified9610,271
    62020 - Information technology consultancy activities8915,280
    96090 - Other service activities not elsewhere classified8014,220
    7414 - Business & management consultancy6810,978
    74990 - Non-trading company559,706
    41100 - Development of building projects535,149
    7499 - Non-trading company538,023
    62090 - Other information technology service activities498,258
    4521 - General construction & civil engineering494,644
    43210 - Electrical installation483,557
    9305 - Other service activities457,926
    86900 - Other human health activities445,222
    7260 - Other computer related activities436,456
    71129 - Other engineering activities422,453

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08084697 ECLIPSE CLEANING & MAINTENANCE LIMITED 28 May 2012
    08064362 JAMES P DIXON LIMITED 10 May 2012
    08074715 TPI ENTERPRISES LIMITED 18 May 2012
    08091361 MERESTR LIMITED 31 May 2012
    08057662 INVENTIONS 2 MARKET LTD 04 May 2012
    08075288 WATTON TOWN TEAM 18 May 2012
    08056267 TICCUK LIMITED 03 May 2012
    08059585 SES FABRICATION LTD 08 May 2012
    08067248 WEST CONNECTS EAST LIMITED 14 May 2012
    08079427 BARRISTER LAW EXPERT LIMITED 22 May 2012
    08079473 BURROWS LAW TRAINING SERVICES LIMITED 22 May 2012
    08081202 LODDON MILL VINTAGE TEA ROOMS LTD 24 May 2012
    08083734 SKINNY IT LIMITED 25 May 2012
    08088952 A.S.L OFFSHORE SERVICES (UK) LTD 30 May 2012
    08089303 FYTFIT LIMITED 30 May 2012
    08089362 ROMMAN LIMITED 30 May 2012
    OC375270 AUDIO STORM LLP 16 May 2012
    08064462 BIDDY'S TEA ROOM LTD 10 May 2012
    08069610 BUILD CHARITY LIMITED 15 May 2012
    08070455 NORFOLK EDUCATIONAL SERVICES LIMITED 16 May 2012
    08070539 CASH PROVIDERS UK AND GLOBAL LTD 16 May 2012
    08075750 CAPELLA CONSTRUCTION LIMITED 18 May 2012
    08053846 SLOWSTUFF LTD 02 May 2012
    08057896 SILA ( NORWICH ) LIMITED 04 May 2012
    08058602 SBLENDED MILKSHAKES (LONDON) LIMITED 04 May 2012