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
New Company Registrations
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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.
Year Norfolk UK 2013 3,657 529,363 2012 3,490 491,893 2011 3,310 452,870 2010 2,815 400,358 2009 2,597 362,675 Record Year 2013 (3,657) 2013 (529,363) New Companies by Year
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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) Norfolk UK 2013 1,774 259,931 2012 1,658 238,743 % change 7.0% 8.9% Record Year 2013 (1,774) 2013 (259,931) New Companies by Half Year
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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) Norfolk UK 2013 840 127,247 2012 831 119,875 % change 1.1% 6.1% Record Year 2013 (840) 2013 (127,247) New Companies by Quarter
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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
October November December New companies in 2013 328 273 239 New companies in 2012 308 295 228 % change 6.5% -7.5% 4.8% Record Year 2003 (331) 2012 (295) 2013 (239)
Closed Companies (dissolved)
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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.
Year Norfolk UK 2013 2,359 332,213 2012 1,954 293,729 2011 2,070 314,524 2010 2,331 342,233 2009 2,913 533,789 Record Year 2009 (2,913) 2009 (533,789) Dissolved Companies by Year
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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) Norfolk UK 2013 1,164 177,021 2012 1,034 145,935 % change 12.6% 21.3% Record Year 2009 (1,386) 2009 (244,544) Dissolved Companies by Half Year
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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) Norfolk UK 2013 614 90,851 2012 499 70,027 % change 23.0% 29.7% Record Year 2009 (628) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2013 267 195 152 Closed companies in 2012 211 163 125 % change 26.5% 19.6% 22% Record Year 2013 (267) 2010 (223) 2009 (219)
Net Company Growth
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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.
Year Norfolk UK 2013 1,298 197,150 2012 1,536 198,164 2011 1,240 138,346 2010 484 58,125 2009 -316 -171,114 Record Year 2007 (1,643) 2007 (237,353) Net Growth by Year
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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) Norfolk UK 2013 610 82,910 2012 624 92,808 Record Year 2003 (1,031) 2003 (117,772) Net Growth by Half Year
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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) Norfolk UK 2013 226 36,396 2012 332 49,848 Record Year 2007 (343) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 61 78 87 Net growth in 2012 97 132 103 Record Year 2003 (252) 2002 (133) 2002 (138)
UK Company Share
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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.
Year Norfolk 2013 0.7% 2012 0.7% 2011 0.7% 2010 0.7% 2009 0.7% Record Year (since 1960) 2002 (0.9%) Company Share by Year
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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 2013 0.7% 2012 0.7% 2011 0.7% 2010 0.7% 2009 0.7% Record Year (since 1960) 2002 (0.9%) Company Share by Half Year
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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 2013 0.7% 2012 0.7% 2011 0.7% 2010 0.7% 2009 0.7% Record Year (since 1960) 2002 (0.9%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.7% 0.6% 0.7% UK formation share in 2012 0.7% 0.7% 0.7% % change -1.0% -9.0% -4.7% Record Year 1990 (0.9%) 2002 (0.9%) 2002 (0.9%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORFOLK 2.01% CONSULTING 5.22% MANAGEMENT 1.57% MANAGEMENT 4.72% CONSULTING 1.53% CONSULTANCY 3.45% CONSULTANCY 1.27% PROPERTY 2.59% PROPERTY 1.16% TRADING 2.08% ENGINEERING 1.05% ENGINEERING 1.87% NORWICH 1.03% LONDON 1.86% J 0.90% DESIGN 1.76% DEVELOPMENTS 0.87% CONSTRUCTION 1.73% ELECTRICAL 0.87% CARE 1.73% CARE 0.72% BUSINESS 1.71% DESIGN 0.72% CONSULTANTS 1.68% EAST 0.63% GLOBAL 1.58% ENERGY 0.61% INVESTMENTS 1.56% PROPERTIES 0.61% PROPERTIES 1.54% CONSTRUCTION 0.61% ASSOCIATES 1.53% BUILDING 0.59% J 1.51% HOUSE 0.59% MEDIA 1.50% HOME 0.57% IT 1.35% TRAINING 0.57% DEVELOPMENTS 1.23% ASSOCIATES 0.57% M 1.23% MEDIA 0.55% BUILDING 1.21% ENTERPRISES 0.55% ELECTRICAL 1.20% (NORFOLK) 0.55% CAPITAL 1.19% SYSTEMS 0.52% ENERGY 1.14%
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 1,419 266,814 82990 - Other business support service activities not elsewhere classified 307 55,342 99999 - Dormant Company 302 46,762 70229 - Management consultancy activities other than financial management 260 36,164 96090 - Other service activities not elsewhere classified 169 26,001 74909 - Other professional, scientific and technical activities not elsewhere classified 168 18,034 62020 - Information technology consultancy activities 153 27,183 71129 - Other engineering activities 91 5,158 41100 - Development of building projects 84 9,485 86900 - Other human health activities 84 9,543 45200 - Maintenance and repair of motor vehicles 80 4,987 43999 - Other specialised construction activities not elsewhere classified 78 7,823 43210 - Electrical installation 74 5,730 74990 - Non-trading company 71 14,223 41202 - Construction of domestic buildings 71 6,191 68209 - Other letting and operating of own or leased real estate 70 8,733 47910 - Retail sale via mail order houses or via Internet 65 8,879 43220 - Plumbing, heat and air-conditioning installation 65 4,687 56302 - Public houses and bars 65 5,503 62090 - Other information technology service activities 65 12,511
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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