Norfolk

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • 2013 was a record year for company registrations in Norfolk when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Norfolk when compared to any previous second half year.
  • Q4 2013 saw a new record in company registrations in Norfolk when compared to any previous Q4.
  • December 2013 saw a new record in company registrations in Norfolk when compared to any previous December.
  • October 2013 saw a new record in company closures in Norfolk when compared to any previous October.

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 (2013)

    2013 was a record year for company registrations in Norfolk when compared to any year in history.

    A total of 3,657 companies were formed in Norfolk in 2013. This total is 4.8% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearNorfolkUK
    20133,657529,363
    20123,490491,893
    20113,310452,870
    20102,815400,358
    20092,597362,675
    Record Year2013 (3,657)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Norfolk when compared to any previous second half year.

    In the second half of 2013 a total of 1,774 companies were formed in Norfolk. This figure is 7.0% higher than last year, which compares badly to the UK wide figure of 8.9%.

    The highest total for a second half year in Norfolk occurred in 2013 when a total of 1,774 were formed.

    Half Year (Jul-Dec)NorfolkUK
    20131,774259,931
    20121,658238,743
    % change7.0%8.9%
    Record Year2013 (1,774)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in Norfolk when compared to any previous Q4.

    A total of 840 companies were registered in Norfolk during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 1.1% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)NorfolkUK
    2013840127,247
    2012831119,875
    % change1.1%6.1%
    Record Year 2013 (840) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company registrations in Norfolk when compared to any previous December.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013328273239
    New companies in 2012308295228
    % change6.5%-7.5%4.8%
    Record Year2003 (331)2012 (295)2013 (239)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 2,359 companies were dissolved in Norfolk in 2013. This total is 20.7% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.

    YearNorfolkUK
    20132,359332,213
    20121,954293,729
    20112,070314,524
    20102,331342,233
    20092,913533,789
    Record Year2009 (2,913)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 1,164 companies were dissolved in Norfolk. This figure is 12.6% higher than last year, which compares well to the UK wide change of 21.3%.

    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
    20131,164177,021
    20121,034145,935
    % change12.6%21.3%
    Record Year2009 (1,386)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 614 companies were dissolved in Norfolk during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 23.0% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)NorfolkUK
    201361490,851
    201249970,027
    % change23.0%29.7%
    Record Year 2009 (628) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    October 2013 saw a new record in company closures in Norfolk when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013267195152
    Closed companies in 2012211163125
    % change26.5%19.6%22%
    Record Year2013 (267)2010 (223)2009 (219)

Net Company Growth

  1. Annual Data (2013)

    A total of 1,298 companies were added to the company register for Norfolk in 2013. This number represents growth of 35.5% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 238 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Norfolk company register grew by 1,643 companies.

    YearNorfolkUK
    20131,298197,150
    20121,536198,164
    20111,240138,346
    201048458,125
    2009-316-171,114
    Record Year2007 (1,643)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Norfolk increased by 610 companies.

    Half Year (Jul-Dec)NorfolkUK
    201361082,910
    201262492,808
    Record Year2003 (1,031)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Norfolk during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 226 companies.

    fourth quarter (Oct 2013 - Dec 2013)NorfolkUK
    201322636,396
    201233249,848
    Record Year 2007 (343) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013617887
    Net growth in 201297132103
    Record Year2003 (252)2002 (133)2002 (138)

UK Company Share

  1. Annual Data (2013)

    In 2013 Norfolk formed 0.7% of all UK companies. This is no change on 2012 when Norfolk was responsible for 0.7% of all UK companies.

    YearNorfolk
    20130.7%
    20120.7%
    20110.7%
    20100.7%
    20090.7%
    Record Year (since 1960)2002 (0.9%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Norfolk formed 0.7% of all UK companies. This is the same as the 2012 figure of 0.7%.

    Half Year (Jul-Dec)Norfolk
    20130.7%
    20120.7%
    20110.7%
    20100.7%
    20090.7%
    Record Year (since 1960) 2002 (0.9%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Norfolk formed 0.7% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Norfolk
    20130.7%
    20120.7%
    20110.7%
    20100.7%
    20090.7%
    Record Year (since 1960) 2002 (0.9%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.7%0.6%0.7%
    UK formation share in 20120.7%0.7%0.7%
    % change-1.0%-9.0%-4.7%
    Record Year1990 (0.9%)2002 (0.9%)2002 (0.9%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 45.0.

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 44.7.

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

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 45.4.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Norfolk was 2003 when 36.1% of all directors were female.

    The percentage of female directors in Norfolk in 2013 was 29.6%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Norfolk was 2007 when 32.7% of all directors were female.

    29.3% of all director appointments in Norfolk in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Norfolk was in 2005 when 35.7% of all directors were female.

    29.4% of all director appointments in Norfolk in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    NORFOLK2.01%CONSULTING5.22%
    MANAGEMENT1.57%MANAGEMENT4.72%
    CONSULTING1.53%CONSULTANCY3.45%
    CONSULTANCY1.27%PROPERTY2.59%
    PROPERTY1.16%TRADING2.08%
    ENGINEERING1.05%ENGINEERING1.87%
    NORWICH1.03%LONDON1.86%
    J0.90%DESIGN1.76%
    DEVELOPMENTS0.87%CONSTRUCTION1.73%
    ELECTRICAL0.87%CARE1.73%
    CARE0.72%BUSINESS1.71%
    DESIGN0.72%CONSULTANTS1.68%
    EAST0.63%GLOBAL1.58%
    ENERGY0.61%INVESTMENTS1.56%
    PROPERTIES0.61%PROPERTIES1.54%
    CONSTRUCTION0.61%ASSOCIATES1.53%
    BUILDING0.59%J1.51%
    HOUSE0.59%MEDIA1.50%
    HOME0.57%IT1.35%
    TRAINING0.57%DEVELOPMENTS1.23%
    ASSOCIATES0.57%M1.23%
    MEDIA0.55%BUILDING1.21%
    ENTERPRISES0.55%ELECTRICAL1.20%
    (NORFOLK)0.55%CAPITAL1.19%
    SYSTEMS0.52%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,419266,814
    82990 - Other business support service activities not elsewhere classified30755,342
    99999 - Dormant Company30246,762
    70229 - Management consultancy activities other than financial management26036,164
    96090 - Other service activities not elsewhere classified16926,001
    74909 - Other professional, scientific and technical activities not elsewhere classified16818,034
    62020 - Information technology consultancy activities15327,183
    71129 - Other engineering activities915,158
    41100 - Development of building projects849,485
    86900 - Other human health activities849,543
    45200 - Maintenance and repair of motor vehicles804,987
    43999 - Other specialised construction activities not elsewhere classified787,823
    43210 - Electrical installation745,730
    74990 - Non-trading company7114,223
    41202 - Construction of domestic buildings716,191
    68209 - Other letting and operating of own or leased real estate708,733
    47910 - Retail sale via mail order houses or via Internet658,879
    43220 - Plumbing, heat and air-conditioning installation654,687
    56302 - Public houses and bars655,503
    62090 - Other information technology service activities6512,511

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08724732 GLYN HUGHES (AIRCRAFT) LTD 09 Oct 2013
    08752178 HOME FARM 1966 LIMITED 29 Oct 2013
    08745196 GODD ENGINEERING LIMITED 23 Oct 2013
    08725975 CRACK ON EDUCATION LTD 10 Oct 2013
    08754819 DAISY SMILE LTD 30 Oct 2013
    08719469 GNN.TRANSPORT. LTD. 04 Oct 2013
    08730057 MASETECH LIMITED 14 Oct 2013
    08714127 NORWICH HOME IMPROVEMENTS LTD 01 Oct 2013
    08715363 PROFFITT AND SEWELL LIMITED 02 Oct 2013
    08715575 JSN AVIATION ENGINEERS LTD 02 Oct 2013
    08717626 MOLTO (NORWICH) LTD 03 Oct 2013
    08720735 DIVINE FEMININE LIMITED 07 Oct 2013
    08722776 SEAN O'NEILL EDUCATION ADVISOR LTD 08 Oct 2013
    08725549 OBH LIMITED 09 Oct 2013
    08725689 OBH DEVELOPMENT LIMITED 09 Oct 2013
    08744716 SOLENSE LIMITED 23 Oct 2013
    08749242 SWEETSOULFULSOUND LTD 25 Oct 2013
    08753678 NEW OASIS SPICE NORWICH LTD 29 Oct 2013
    08718784 YOUTH SOCCER SCIENCE LTD 04 Oct 2013
    08725038 NORFOLK FASHION LIMITED 09 Oct 2013
    08716625 DLAC ENTERPRISE LIMITED 03 Oct 2013
    08738363 STEPHEN HUNTER LIMITED 18 Oct 2013
    08743505 MRC EUROPE LTD 22 Oct 2013
    08754575 PECK ENTERPRISES LTD 30 Oct 2013
    08715285 SHANNON FORBUSH CREATIVE LIMITED 02 Oct 2013