Norwich, Norfolk
Q1 2010 Business Confidence Report
Headlines
- Q1 2010 saw a new record in company closures in Norwich when compared to any previous Q1.
- January 2010 saw a new record in company closures in Norwich when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 379 companies were registered in Norwich during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 23.5% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Norwich UK 2010 379 105,137 2009 307 91,034 % change 23.5% 15.5% Record Year 2007 (439) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 99 126 154 New companies in 2009 81 103 123 % change 22.2% 22.3% 25.2% Record Year 2008 (109) 2003 (136) 2007 (205)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
Q1 2010 saw a new record in company closures in Norwich when compared to any previous Q1.
A total of 280 companies were dissolved in Norwich during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 16.2% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Norwich UK 2010 280 82,677 2009 241 108,060 % change 16.2% -23.5% Record Year 2010 (280) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
January 2010 saw a new record in company closures in Norwich when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2010 91 92 97 Closed companies in 2009 46 53 142 % change 97.8% 73.6% -32% Record Year 2010 (91) 2008 (108) 2009 (142)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Norwich during the first quarter of 2010 (Jan 2010 - Mar 2010) was 99 companies.
first quarter (Jan 2010 - Mar 2010) Norwich UK 2010 99 22,460 2009 66 -17,026 Record Year 2007 (289) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 8 34 57 Net growth in 2009 35 50 -19 Record Year 2008 (64) 2003 (101) 2007 (167)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Norwich formed 0.4% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Norwich 2010 0.4% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1962 (0.8%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.3% 0.4% 0.4% UK formation share in 2009 0.3% 0.4% 0.3% % change 13.4% 4.8% 4.0% Record Year 1962 (1.5%) 1972 (0.9%) 1965 (1.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 45.7.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Norwich was in 1861 when 40.0% of all directors were female.
21.9% of all director appointments in Norwich in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.78% MANAGEMENT 5.01% NORWICH 1.52% CONSULTING 4.60% CONSULTANCY 1.26% CONSULTANCY 2.87% CONSULTING 1.10% PROPERTY 2.50% NORFOLK 0.89% ASSOCIATES 2.04% GROUP 0.79% TRADING 1.93% TRAINING 0.73% DESIGN 1.91% PROPERTY 0.73% CONSTRUCTION 1.87% CARE 0.73% MEDIA 1.84% ASSOCIATES 0.73% BUSINESS 1.74% MEDIA 0.73% INTERNATIONAL 1.73% GREEN 0.68% CONSULTANTS 1.63% BUSINESS 0.68% ENGINEERING 1.54% PARTNERSHIP 0.68% J 1.48% (NORWICH) 0.63% LONDON 1.45% PROSPER 0.58% INVESTMENTS 1.45% IT 0.58% GROUP 1.37% MARKETING 0.52% GLOBAL 1.35% (NORFOLK) 0.52% PROPERTIES 1.35% CONSTRUCTION 0.52% BUILDING 1.34% BUILDING 0.52% CARE 1.33% EAST 0.52% ELECTRICAL 1.30% ENGINEERING 0.52% M 1.28% CONSULTANTS 0.52% SYSTEMS 1.25% DESIGN 0.52% S 1.23%
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 548 228,645 7487 - Other business activities 192 74,904 82990 - Other business support service activities not elsewhere classified 102 26,974 9999 - Dormant Company 83 19,948 70229 - Management consultancy activities other than financial management 65 14,007 99999 - Dormant Company 62 13,808 7414 - Business & management consultancy 50 17,003 7499 - Non-trading company 48 15,398 74990 - Non-trading company 44 8,149 62090 - Other information technology service activities 36 6,340 7260 - Other computer related activities 36 10,331 74909 - Other professional, scientific and technical activities not elsewhere classified 31 7,143 7222 - Other software consultancy and supply 30 9,659 62020 - Information technology consultancy activities 30 9,943 4521 - General construction & civil engineering 28 9,325 9305 - Other service activities 24 9,038 96090 - Other service activities not elsewhere classified 22 8,154 41100 - Development of building projects 22 4,513 43210 - Electrical installation 18 3,163 43220 - Plumbing, heat and air-conditioning installation 17 2,179
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07140125 ANGLIA FINANCE LIMITED 29 Jan 2010 07137483 WASTE TRANSFER & PROSPER LIMITED 27 Jan 2010 07137393 MARKETING & TELESALES LIMITED 26 Jan 2010 07131950 TABELLO LIMITED 21 Jan 2010 07129963 JABB MEDIA LTD 19 Jan 2010 07128190 AMN NEWBUILD LTD 18 Jan 2010 07116342 PURE COMMERCIAL PROPERTY LTD 05 Jan 2010 07115422 STABILO MANAGEMENT LIMITED 04 Jan 2010 07133555 ERPINGHAM GATE LIMITED 22 Jan 2010 07132030 HICKMANS RESTAURANT LIMITED 21 Jan 2010 07126075 IMPACT HAIR AND BEAUTY LIMITED 14 Jan 2010 07133802 EXTREMIS TECHNOLOGY LIMITED 22 Jan 2010 07133305 LONE STAR RETAIL LIMITED 22 Jan 2010 07132455 NORTHCOTE BREWERY LIMITED 21 Jan 2010 07133630 DFKA LTD 22 Jan 2010 07138898 L & J CARPENTRY (NFK) LTD 28 Jan 2010 07136073 LENWADE LIMITED 26 Jan 2010 07121921 POSITIVE STORY LTD 11 Jan 2010 07119211 DIAMOND@MAYDAY LIMITED 07 Jan 2010 07140467 THE NORFOLK STOCK FENCING COMPANY LIMITED 29 Jan 2010 07138128 SNOWBALL SOLUTIONS LIMITED 27 Jan 2010 07119414 GIBSON & POWELL LTD 07 Jan 2010 07141283 TGL HOLIDAYS LTD 31 Jan 2010 07131924 TEETH WHITENING LIMITED 21 Jan 2010 07135394 SAJOBE LIMITED 25 Jan 2010
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