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

  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 (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.

    YearNorfolkUK
    20123,490491,893
    20113,310452,870
    20102,815400,358
    20092,597362,675
    20082,646349,203
    Record Year2012 (3,490)2012 (491,893)
    New Companies by Year
  2. 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)NorfolkUK
    20121,658238,743
    20111,611224,135
    % change2.9%6.5%
    Record Year2012 (1,658)2012 (238,743)
    New Companies by Half Year
  3. 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)NorfolkUK
    2012831119,875
    2011775109,623
    % change7.2%9.4%
    Record Year 2012 (831) 2012 (119,875)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2012308295228
    New companies in 2011288290197
    % change6.9%1.7%15.7%
    Record Year2003 (331)2012 (295)2012 (228)

Closed Companies (dissolved)

  1. 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.

    YearNorfolkUK
    20121,954293,728
    20112,070314,524
    20102,331342,233
    20092,913533,787
    20081,442237,873
    Record Year2009 (2,913)2009 (533,787)
    Dissolved Companies by Year
  2. 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)NorfolkUK
    20121,034145,934
    2011990152,213
    % change4.4%-4.1%
    Record Year2009 (1,386)2009 (244,543)
    Dissolved Companies by Half Year
  3. 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)NorfolkUK
    201249970,026
    201150479,983
    % change-1.0%-12.4%
    Record Year 2009 (628) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012211163125
    Closed companies in 2011135207162
    % change56.3%-21.3%-23%
    Record Year2009 (217)2010 (223)2009 (219)

Net Company Growth

  1. 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.

    YearNorfolkUK
    20121,536198,165
    20111,240138,346
    201048458,125
    2009-316-171,112
    20081,204111,330
    Record Year2003 (2,323)2003 (242,541)
    Net Growth by Year
  2. 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)NorfolkUK
    201262492,809
    201162171,922
    Record Year2003 (1,031)2003 (117,772)
    Net Growth by Half Year
  3. 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)NorfolkUK
    201233249,849
    201127129,640
    Record Year 2003 (488) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201297132103
    Net growth in 20111538335
    Record Year2003 (252)2002 (133)2002 (138)

UK Company Share

  1. 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.

    YearNorfolk
    20120.7%
    20110.7%
    20100.7%
    20090.7%
    20080.8%
    Record Year (since 1960)1961 (1.4%)
    Company Share by Year
  2. 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
    20120.7%
    20110.7%
    20100.7%
    20090.7%
    20080.8%
    Record Year (since 1960) 1967 (1.4%)
    Company Share by Half Year
  3. 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
    20120.7%
    20110.7%
    20100.7%
    20090.7%
    20080.8%
    Record Year (since 1960) 1967 (1.7%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.7%0.7%0.7%
    UK formation share in 20110.7%0.7%0.6%
    % change-10.1%-3.2%12.7%
    Record Year1967 (2.2%)1976 (1.4%)1960 (2.0%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    NORFOLK1.83%CONSULTING5.15%
    CONSULTING1.63%MANAGEMENT4.78%
    MANAGEMENT1.47%CONSULTANCY3.31%
    CONSULTANCY1.31%PROPERTY2.40%
    PROPERTY1.15%TRADING2.03%
    ENGINEERING1.10%DESIGN1.86%
    EAST1.01%ASSOCIATES1.82%
    NORWICH0.92%ENGINEERING1.79%
    (NORFOLK)0.85%BUSINESS1.76%
    MEDIA0.80%CONSULTANTS1.75%
    J0.76%CONSTRUCTION1.69%
    DESIGN0.76%LONDON1.69%
    M0.76%MEDIA1.69%
    ANGLIA0.71%GLOBAL1.59%
    BUSINESS0.71%J1.57%
    CARE0.64%INVESTMENTS1.46%
    ELECTRICAL0.64%IT1.43%
    CONSTRUCTION0.62%CARE1.39%
    C0.62%PROPERTIES1.34%
    ENTERPRISES0.62%M1.26%
    (EAST0.60%BUILDING1.23%
    ASSOCIATES0.60%ENTERPRISES1.21%
    ANGLIA)0.60%TRAINING1.18%
    CONSULTANTS0.60%ELECTRICAL1.17%
    DEVELOPMENTS0.57%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,218236,139
    82990 - Other business support service activities not elsewhere classified32852,427
    99999 - Dormant Company27740,648
    70229 - Management consultancy activities other than financial management25930,396
    74909 - Other professional, scientific and technical activities not elsewhere classified14415,572
    96090 - Other service activities not elsewhere classified13022,058
    62020 - Information technology consultancy activities12223,256
    74990 - Non-trading company7913,808
    71129 - Other engineering activities743,763
    86900 - Other human health activities717,866
    43210 - Electrical installation715,304
    62090 - Other information technology service activities6612,291
    41100 - Development of building projects637,980
    45200 - Maintenance and repair of motor vehicles634,290
    43999 - Other specialised construction activities not elsewhere classified566,419
    47910 - Retail sale via mail order houses or via Internet566,307
    62012 - Business and domestic software development537,446
    56302 - Public houses and bars514,543
    7487 - Other business activities5010,703
    43220 - Plumbing, heat and air-conditioning installation504,045

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08302136 SPRINGWOOD TREES LTD 21 Nov 2012
    08290147 HEYWOOD SPORTS AND LEISURE LTD 12 Nov 2012
    08296585 PODTHINGS LTD 16 Nov 2012
    08303727 WB SERVICES NORFOLK LTD 22 Nov 2012
    08304075 D RUTTERFORD LIMITED 22 Nov 2012
    08277767 KENSINGTON TEA CO. LTD 01 Nov 2012
    08284044 J.C.DUNCAN CONSULTANTS LTD 07 Nov 2012
    08297309 GHC RECRUITMENT LIMITED 19 Nov 2012
    08299445 HIPOWER OPTOELECTRONIC UK LTD 20 Nov 2012
    08307820 THE MASTERS TOUR LTD 26 Nov 2012
    08278640 BO NANAFANA LIMITED 02 Nov 2012
    08280499 PARAPHERNALIA (NORFOLK) LIMITED 05 Nov 2012
    08294120 THE WOOD FIRED KITCHEN LTD 15 Nov 2012
    08295614 POLLY'S BOUTIQUE LIMITED 15 Nov 2012
    08281135 NUVOLA LOGIC LIMITED 05 Nov 2012
    08285742 SOUL ARCHITECTURE LIMITED 08 Nov 2012
    08311660 GLAZING PRESERVATION LIMITED 28 Nov 2012
    08290935 OMNISTATISTICS LTD 13 Nov 2012
    08308677 ASTRA SEO LIMITED 27 Nov 2012
    08280460 AUVIDA LTD 05 Nov 2012
    08278404 KIRTON PARK LTD 02 Nov 2012
    08312701 ROOFLINKS LIMITED 29 Nov 2012
    08283247 RAY-NAB LIMITED 06 Nov 2012
    08283894 RACHEL MONKHOUSE LIMITED 07 Nov 2012
    08286127 PLATFORM DIGITAL LTD 08 Nov 2012