Norfolk

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Norfolk when compared to any previous Q3.
  • Q3 2014 saw a new record in company registrations in Norfolk when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Norfolk when compared to any previous September.
  • July 2014 saw a new record in company registrations in Norfolk when compared to any previous July.
  • September 2014 saw a new record in company registrations in Norfolk when compared to any previous September.
  • July 2014 saw a new record in company registrations in Norfolk when compared to any previous July.
  • July 2014 saw a new record in company closures in Norfolk when compared to any previous July.
  • July 2014 saw a new record in company closures in Norfolk when compared to any previous July.

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. Quarterly Data (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Norfolk when compared to any previous Q3.

    Q3 2014 saw a new record in company registrations in Norfolk when compared to any previous Q3.

    A total of 966 companies were registered in Norfolk during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 3.4% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)NorfolkUK
    2014966143,414
    2013934132,684
    % change3.4%8.1%
    Record Year 2014 (966) 2014 (143,414)
    New Companies by Quarter

    A total of 966 companies were registered in Norfolk during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 3.4% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)NorfolkUK
    2014966143,414
    2013934132,684
    % change3.4%8.1%
    Record Year 2014 (966) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    September 2014 saw a new record in company registrations in Norfolk when compared to any previous September.

    July 2014 saw a new record in company registrations in Norfolk when compared to any previous July.

    September 2014 saw a new record in company registrations in Norfolk when compared to any previous September.

    July 2014 saw a new record in company registrations in Norfolk when compared to any previous July.

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 2014340280346
    New companies in 2013315314305
    % change7.9%-10.8%13.4%
    Record Year2014 (340)2013 (314)2014 (346)
    JulyAugustSeptember
    New companies in 2014340280346
    New companies in 2013315314305
    % change7.9%-10.8%13.4%
    Record Year2014 (340)2013 (314)2014 (346)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 709 companies were dissolved in Norfolk during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 28.9% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)NorfolkUK
    2014709101,670
    201355086,170
    % change28.9%18.0%
    Record Year 2009 (758) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 709 companies were dissolved in Norfolk during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 28.9% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)NorfolkUK
    2014709101,670
    201355086,170
    % change28.9%18.0%
    Record Year 2009 (758) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Norfolk when compared to any previous July.

    July 2014 saw a new record in company closures in Norfolk when compared to any previous July.

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014265187257
    Closed companies in 2013187168195
    % change41.7%11.3%32%
    Record Year2014 (265)2008 (365)2009 (369)
    JulyAugustSeptember
    Closed companies in 2014265187257
    Closed companies in 2013187168195
    % change41.7%11.3%32%
    Record Year2014 (265)2008 (365)2009 (369)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Norfolk during the third quarter of 2014 (Jul 2014 - Sep 2014) was 257 companies.

    third quarter (Jul 2014 - Sep 2014)NorfolkUK
    201425741,744
    201338446,514
    Record Year 2013 (384) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for Norfolk during the third quarter of 2014 (Jul 2014 - Sep 2014) was 257 companies.

    third quarter (Jul 2014 - Sep 2014)NorfolkUK
    201425741,744
    201338446,514
    Record Year 2013 (384) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014759389
    Net growth in 2013128146110
    Record Year2008 (178)2002 (158)2002 (222)
    JulyAugustSeptember
    Net growth in 2014759389
    Net growth in 2013128146110
    Record Year2008 (178)2002 (158)2002 (222)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Norfolk formed 0.7% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Norfolk
    20140.7%
    20130.7%
    20120.7%
    20110.7%
    20100.6%
    Record Year (since 1960) 2002 (0.9%)
    Company Share by Quarter

    In the third quarter of 2014, Norfolk formed 0.7% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Norfolk
    20140.7%
    20130.7%
    20120.7%
    20110.7%
    20100.6%
    Record Year (since 1960) 2002 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.7%0.6%0.7%
    UK formation share in 20130.7%0.8%0.7%
    % change-1.9%-15.0%4.1%
    Record Year1991 (0.9%)2002 (1.0%)1990 (1.1%)
    JulyAugustSeptember
    UK formation share in 20140.7%0.6%0.7%
    UK formation share in 20130.7%0.8%0.7%
    % change-1.9%-15.0%4.1%
    Record Year1991 (0.9%)2002 (1.0%)1990 (1.1%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 44.5.

    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 4.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

    The average age of a director in the third quarter of 2014 was 44.5.

    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 4.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Norfolk was in 2007 when 34.0% of all directors were female.

    29.1% of all director appointments in Norfolk in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

    The record third quarter for female directors in Norfolk was in 2007 when 34.0% of all directors were female.

    29.1% of all director appointments in Norfolk in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Sep 2013-Sep 2014)

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

    wordpercentageuk worduk percentage
    NORFOLK1.77%CONSULTING5.17%
    CONSULTING1.56%MANAGEMENT4.63%
    MANAGEMENT1.48%CONSULTANCY3.55%
    CONSULTANCY1.26%PROPERTY2.62%
    NORWICH1.08%ENGINEERING2.07%
    DEVELOPMENTS0.91%CONSTRUCTION2.05%
    PROPERTY0.91%TRADING2.00%
    J0.89%LONDON1.95%
    ENGINEERING0.87%CARE1.94%
    ELECTRICAL0.87%TRANSPORT1.76%
    CARE0.83%DESIGN1.70%
    PROPERTIES0.69%CONSULTANTS1.70%
    HOUSE0.67%PROPERTIES1.63%
    ASSOCIATES0.67%BUSINESS1.62%
    ANGLIA0.65%J1.53%
    EAST0.65%ELECTRICAL1.53%
    CONSTRUCTION0.63%GLOBAL1.51%
    MEDIA0.61%INVESTMENTS1.50%
    BUILDING0.59%ASSOCIATES1.48%
    CONSULTANTS0.55%MEDIA1.38%
    ENERGY0.55%CO.,1.36%
    ENTERPRISES0.53%DEVELOPMENTS1.35%
    S0.53%BUILDING1.30%
    HOME0.51%IT1.30%
    TRADING0.51%M1.23%
    wordpercentageuk worduk percentage
    NORFOLK1.77%CONSULTING5.18%
    CONSULTING1.58%MANAGEMENT4.63%
    MANAGEMENT1.48%CONSULTANCY3.54%
    CONSULTANCY1.26%PROPERTY2.63%
    NORWICH1.10%ENGINEERING2.08%
    DEVELOPMENTS0.91%CONSTRUCTION2.05%
    PROPERTY0.91%TRADING2.01%
    J0.89%LONDON1.95%
    ENGINEERING0.87%CARE1.94%
    ELECTRICAL0.87%TRANSPORT1.76%
    CARE0.83%DESIGN1.70%
    PROPERTIES0.69%CONSULTANTS1.69%
    EAST0.67%PROPERTIES1.63%
    ASSOCIATES0.67%BUSINESS1.63%
    HOUSE0.67%ELECTRICAL1.53%
    ANGLIA0.65%J1.53%
    CONSTRUCTION0.63%GLOBAL1.52%
    MEDIA0.59%INVESTMENTS1.50%
    BUILDING0.59%ASSOCIATES1.48%
    CONSULTANTS0.57%MEDIA1.38%
    ENERGY0.55%CO.,1.36%
    S0.53%DEVELOPMENTS1.35%
    ENTERPRISES0.53%BUILDING1.30%
    OFFSHORE0.51%IT1.30%
    HOME0.51%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,452278,481
    99999 - Dormant Company31648,286
    82990 - Other business support service activities not elsewhere classified30657,264
    70229 - Management consultancy activities other than financial management26740,717
    62020 - Information technology consultancy activities16729,313
    96090 - Other service activities not elsewhere classified16628,224
    74909 - Other professional, scientific and technical activities not elsewhere classified16518,890
    41100 - Development of building projects10110,604
    41202 - Construction of domestic buildings937,151
    68209 - Other letting and operating of own or leased real estate9110,361
    86900 - Other human health activities8911,807
    71129 - Other engineering activities885,930
    43999 - Other specialised construction activities not elsewhere classified858,501
    62090 - Other information technology service activities8012,795
    74990 - Non-trading company8014,006
    47910 - Retail sale via mail order houses or via Internet799,914
    45200 - Maintenance and repair of motor vehicles765,335
    43210 - Electrical installation765,922
    56302 - Public houses and bars716,056
    96020 - Hairdressing and other beauty treatment656,630
    sic codenumber of companiesuk companies
    None Supplied1,363263,052
    99999 - Dormant Company32248,811
    82990 - Other business support service activities not elsewhere classified30858,078
    70229 - Management consultancy activities other than financial management26841,421
    62020 - Information technology consultancy activities17029,780
    74909 - Other professional, scientific and technical activities not elsewhere classified16519,117
    96090 - Other service activities not elsewhere classified16428,864
    41100 - Development of building projects10110,983
    41202 - Construction of domestic buildings947,363
    68209 - Other letting and operating of own or leased real estate9310,684
    86900 - Other human health activities9312,105
    71129 - Other engineering activities886,011
    43999 - Other specialised construction activities not elsewhere classified868,701
    74990 - Non-trading company8214,053
    62090 - Other information technology service activities8212,999
    43210 - Electrical installation796,050
    47910 - Retail sale via mail order houses or via Internet7810,125
    45200 - Maintenance and repair of motor vehicles775,472
    56302 - Public houses and bars726,211
    96020 - Hairdressing and other beauty treatment656,781

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09139201 WAVENEY VALLEY SPIRITS LIMITED 21 Jul 2014
    09116111 ELVIN BUILDERS LTD 04 Jul 2014
    09133542 ZAKMABROUK LIMITED 16 Jul 2014
    09136458 DELIVERY ASSURED LIMITED 17 Jul 2014
    09110016 RE-POL RECYCLING LIMITED 01 Jul 2014
    09121949 AUDLEY COURT CONSULTING LIMITED 08 Jul 2014
    09127064 BEEZ LEISURE LIMITED 11 Jul 2014
    09153463 GOLF TECHNOLOGIES LTD 30 Jul 2014
    09111616 THE TAXASSIST DIRECT GROUP LIMITED 02 Jul 2014
    09111760 S & M BUILDING SOLUTIONS LTD 02 Jul 2014
    09125217 SERENITY MANAGEMENT LTD 10 Jul 2014
    09136304 ONE LAST THING LTD 17 Jul 2014
    09153593 L&S CLEANING LTD 30 Jul 2014
    09154214 CELO CONSULTING LIMITED 30 Jul 2014
    09114991 DR ANDY SLUCKIN LIMITED 03 Jul 2014
    09135731 DIGITAL LITERACY SERVICES LTD 17 Jul 2014
    09121403 20 CONSTITUTION HILL LIMITED 08 Jul 2014
    09127638 EASTRAND FINANCE LTD 11 Jul 2014
    09128764 LET & GET LTD 14 Jul 2014
    09128879 POOHBEAR LTD 14 Jul 2014
    09144432 AUREXIA LIMITED 23 Jul 2014
    09146490 THE PATTERSON EDUCATION COMPANY 24 Jul 2014
    09118208 LIXIN LTD 07 Jul 2014
    09146404 VELVEL MUSIC LIMITED 24 Jul 2014
    09154838 NELIGO LTD 31 Jul 2014