Norfolk
Q1 2015 Business Confidence Report
Headlines
- Q1 2015 saw a new record in company registrations in Norfolk when compared to any previous Q1.
- Q1 2015 was a record quarter for company registrations in Norfolk when compared to any quarter in history.
- March 2015 saw a new record in company registrations in Norfolk when compared to any previous March.
- March 2015 was a record month for company registrations in Norfolk when compared to any month in history.
- February 2015 saw a new record in company registrations in Norfolk when compared to any previous February.
- February 2015 saw a new record in net growth in Norfolk when compared to any previous February.
- January 2015 saw a new record in net growth in Norfolk when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
Q1 2015 saw a new record in company registrations in Norfolk when compared to any previous Q1.
Q1 2015 was a record quarter for company registrations in Norfolk when compared to any quarter in history.
A total of 1,259 companies were registered in Norfolk during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 11.4% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Norfolk UK 2015 1,259 161,156 2014 1,130 150,722 % change 11.4% 6.9% Record Year 2015 (1,259) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 saw a new record in company registrations in Norfolk when compared to any previous March.
March 2015 was a record month for company registrations in Norfolk when compared to any month in history.
February 2015 saw a new record in company registrations in Norfolk when compared to any previous February.
New Companies by Month
January February March New companies in 2015 352 409 498 New companies in 2014 352 342 436 % change 0.0% 19.6% 14.2% Record Year 2014 (352) 2015 (409) 2015 (498)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 559 companies were dissolved in Norfolk during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 0.0% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Norfolk UK 2015 559 89,523 2014 559 82,370 % change 0.0% 8.7% Record Year 2013 (607) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 153 203 203 Closed companies in 2014 163 194 202 % change -6.1% 4.6% 0% Record Year 2013 (240) 2008 (226) 2009 (325)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Norfolk during the first quarter of 2015 (Jan 2015 - Mar 2015) was 700 companies.
first quarter (Jan 2015 - Mar 2015) Norfolk UK 2015 700 71,633 2014 571 68,352 Record Year 2015 (700) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in net growth in Norfolk when compared to any previous February.
January 2015 saw a new record in net growth in Norfolk when compared to any previous January.
Net Growth by Month
January February March Net growth in 2015 199 206 295 Net growth in 2014 189 148 234 Record Year 2015 (199) 2015 (206) 2007 (331)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Norfolk formed 0.8% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Norfolk 2015 0.8% 2014 0.7% 2013 0.7% 2012 0.8% 2011 0.7% Record Year (since 1960) 2003 (0.9%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.7% 0.8% 0.8% UK formation share in 2014 0.7% 0.7% 0.8% % change -1.9% 10.2% 4.1% Record Year 1991 (1.1%) 1997 (0.9%) 2003 (1.0%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 45.4.
The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Norfolk was in 2008 when 34.2% of all directors were female.
27.2% of all director appointments in Norfolk in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORFOLK 1.86% CONSULTING 5.23% MANAGEMENT 1.45% MANAGEMENT 4.56% CONSULTANCY 1.38% CONSULTANCY 3.62% CONSULTING 1.32% PROPERTY 2.72% ENGINEERING 1.20% CONSTRUCTION 2.19% CARE 0.99% CARE 2.13% ELECTRICAL 0.91% ENGINEERING 2.12% DEVELOPMENTS 0.91% LONDON 1.91% J 0.91% TRADING 1.88% PROPERTY 0.89% TRANSPORT 1.82% NORWICH 0.87% ELECTRICAL 1.76% EAST 0.78% DESIGN 1.65% CONSTRUCTION 0.72% PROPERTIES 1.63% HEALTHCARE 0.70% CO., 1.58% D 0.70% J 1.55% ANGLIA 0.68% CONSULTANTS 1.54% R 0.64% BUSINESS 1.49% ASSOCIATES 0.64% INVESTMENTS 1.49% (NORFOLK) 0.62% GLOBAL 1.46% CONSULTANTS 0.58% ASSOCIATES 1.44% BUILDING 0.58% DEVELOPMENTS 1.36% K 0.56% BUILDING 1.31% S 0.54% IT 1.30% CLEANING 0.54% MEDIA 1.28% HEALTH 0.52% M 1.27%
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 1,475 288,953 99999 - Dormant Company 352 49,474 82990 - Other business support service activities not elsewhere classified 308 58,522 70229 - Management consultancy activities other than financial management 299 43,081 62020 - Information technology consultancy activities 188 30,825 74909 - Other professional, scientific and technical activities not elsewhere classified 184 19,098 96090 - Other service activities not elsewhere classified 156 29,218 41100 - Development of building projects 115 11,863 86900 - Other human health activities 111 13,990 68209 - Other letting and operating of own or leased real estate 107 11,600 71129 - Other engineering activities 92 6,278 41202 - Construction of domestic buildings 91 7,797 43999 - Other specialised construction activities not elsewhere classified 85 9,080 45200 - Maintenance and repair of motor vehicles 79 5,392 43210 - Electrical installation 78 6,139 62090 - Other information technology service activities 78 12,862 74990 - Non-trading company 75 13,794 47910 - Retail sale via mail order houses or via Internet 74 10,200 56302 - Public houses and bars 70 6,355 43220 - Plumbing, heat and air-conditioning installation 67 5,331
Recent Companies
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Randomly selected companies from this quarter
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