Norfolk
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in Norfolk when compared to any year in history.
- The second half of 2012 saw a new record in company registrations in Norfolk when compared to any previous second half year.
- Q4 2012 saw a new record in company registrations in Norfolk when compared to any previous Q4.
- December 2012 saw a new record in company registrations in Norfolk when compared to any previous December.
- November 2012 saw a new record in company registrations in Norfolk when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in Norfolk when compared to any year in history.
A total of 3,490 companies were formed in Norfolk in 2012. This total is 5.4% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Norfolk UK 2012 3,490 491,893 2011 3,310 452,870 2010 2,815 400,358 2009 2,597 362,675 2008 2,646 349,203 Record Year 2012 (3,490) 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 Norfolk when compared to any previous second half year.
In the second half of 2012 a total of 1,658 companies were formed in Norfolk. This figure is 2.9% higher than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in Norfolk occurred in 2012 when a total of 1,658 were formed.
Half Year (Jul-Dec) Norfolk UK 2012 1,658 238,743 2011 1,611 224,135 % change 2.9% 6.5% Record Year 2012 (1,658) 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 Norfolk when compared to any previous Q4.
A total of 831 companies were registered in Norfolk during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 7.2% versus the same period last year (Q4 2011). This figure compares equally 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) Norfolk UK 2012 831 119,875 2011 775 109,623 % change 7.2% 9.4% Record Year 2012 (831) 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 Norfolk when compared to any previous December.
November 2012 saw a new record in company registrations in Norfolk when compared to any previous November.
New Companies by Month
October November December New companies in 2012 308 295 228 New companies in 2011 288 290 197 % change 6.9% 1.7% 15.7% Record Year 2003 (331) 2012 (295) 2012 (228)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 1,954 companies were dissolved in Norfolk in 2012. This total is 5.6% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Norfolk UK 2012 1,954 293,728 2011 2,070 314,524 2010 2,331 342,233 2009 2,913 533,787 2008 1,442 237,873 Record Year 2009 (2,913) 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 1,034 companies were dissolved in Norfolk. This figure is 4.4% higher than last year, which compares badly to the UK wide change of -4.1%.
The highest total for a second half year in Norfolk occurred in 2009 when a total of 1,386 were closed.
Half Year (Jul-Dec) Norfolk UK 2012 1,034 145,934 2011 990 152,213 % change 4.4% -4.1% Record Year 2009 (1,386) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 499 companies were dissolved in Norfolk during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 1.0% 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) Norfolk UK 2012 499 70,026 2011 504 79,983 % change -1.0% -12.4% Record Year 2009 (628) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Dissolved Companies by Month
October November December Closed companies in 2012 211 163 125 Closed companies in 2011 135 207 162 % change 56.3% -21.3% -23% Record Year 2009 (217) 2010 (223) 2009 (219)
Net Company Growth
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Annual Data (2012)
A total of 1,536 companies were added to the company register for Norfolk in 2012. This number represents growth of 46.4% in the total number of active companies, which compares favourably to the UK figure of 43.8%.
This number is 296 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Norfolk company register grew by 2,323 companies.
Year Norfolk UK 2012 1,536 198,165 2011 1,240 138,346 2010 484 58,125 2009 -316 -171,112 2008 1,204 111,330 Record Year 2003 (2,323) 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 Norfolk increased by 624 companies.
Half Year (Jul-Dec) Norfolk UK 2012 624 92,809 2011 621 71,922 Record Year 2003 (1,031) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Norfolk during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 332 companies.
fourth quarter (Oct 2012 - Dec 2012) Norfolk UK 2012 332 49,849 2011 271 29,640 Record Year 2003 (488) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 97 132 103 Net growth in 2011 153 83 35 Record Year 2003 (252) 2002 (133) 2002 (138)
UK Company Share
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Annual Data (2012)
In 2012 Norfolk formed 0.7% of all UK companies. This is no change on 2011 when Norfolk was responsible for 0.7% of all UK companies.
Year Norfolk 2012 0.7% 2011 0.7% 2010 0.7% 2009 0.7% 2008 0.8% Record Year (since 1960) 1961 (1.4%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Norfolk formed 0.7% of all UK companies. This is the same as the 2011 figure of 0.7%.
Half Year (Jul-Dec) Norfolk 2012 0.7% 2011 0.7% 2010 0.7% 2009 0.7% 2008 0.8% Record Year (since 1960) 1967 (1.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Norfolk formed 0.7% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Norfolk 2012 0.7% 2011 0.7% 2010 0.7% 2009 0.7% 2008 0.8% Record Year (since 1960) 1967 (1.7%) 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 0.7% 0.7% 0.7% UK formation share in 2011 0.7% 0.7% 0.6% % change -10.1% -3.2% 12.7% Record Year 1967 (2.2%) 1976 (1.4%) 1960 (2.0%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 45.1.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.4% 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 44.4.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.9% 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 44.6.
The percentage of directors under the age of 25 was 4.2% 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 Norfolk was 1860 when 35.7% of all directors were female.
The percentage of female directors in Norfolk in 2012 was 35.9%. 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 Norfolk was 1860 when 42.9% of all directors were female.
28.9% of all director appointments in Norfolk 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 Norfolk was in 1977 when 31.2% of all directors were female.
29.2% of all director appointments in Norfolk 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 1.83% CONSULTING 5.15% CONSULTING 1.63% MANAGEMENT 4.78% MANAGEMENT 1.47% CONSULTANCY 3.31% CONSULTANCY 1.31% PROPERTY 2.40% PROPERTY 1.15% TRADING 2.03% ENGINEERING 1.10% DESIGN 1.86% EAST 1.01% ASSOCIATES 1.82% NORWICH 0.92% ENGINEERING 1.79% (NORFOLK) 0.85% BUSINESS 1.76% MEDIA 0.80% CONSULTANTS 1.75% J 0.76% CONSTRUCTION 1.69% DESIGN 0.76% LONDON 1.69% M 0.76% MEDIA 1.69% ANGLIA 0.71% GLOBAL 1.59% BUSINESS 0.71% J 1.57% CARE 0.64% INVESTMENTS 1.46% ELECTRICAL 0.64% IT 1.43% CONSTRUCTION 0.62% CARE 1.39% C 0.62% PROPERTIES 1.34% ENTERPRISES 0.62% M 1.26% (EAST 0.60% BUILDING 1.23% ASSOCIATES 0.60% ENTERPRISES 1.21% ANGLIA) 0.60% TRAINING 1.18% CONSULTANTS 0.60% ELECTRICAL 1.17% DEVELOPMENTS 0.57% 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 1,218 236,139 82990 - Other business support service activities not elsewhere classified 328 52,427 99999 - Dormant Company 277 40,648 70229 - Management consultancy activities other than financial management 259 30,396 74909 - Other professional, scientific and technical activities not elsewhere classified 144 15,572 96090 - Other service activities not elsewhere classified 130 22,058 62020 - Information technology consultancy activities 122 23,256 74990 - Non-trading company 79 13,808 71129 - Other engineering activities 74 3,763 86900 - Other human health activities 71 7,866 43210 - Electrical installation 71 5,304 62090 - Other information technology service activities 66 12,291 41100 - Development of building projects 63 7,980 45200 - Maintenance and repair of motor vehicles 63 4,290 43999 - Other specialised construction activities not elsewhere classified 56 6,419 47910 - Retail sale via mail order houses or via Internet 56 6,307 62012 - Business and domestic software development 53 7,446 56302 - Public houses and bars 51 4,543 7487 - Other business activities 50 10,703 43220 - Plumbing, heat and air-conditioning installation 50 4,045
Recent Companies
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Randomly selected companies from this quarter
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