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

  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 (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)NorwichUK
    2010379105,137
    200930791,034
    % change23.5%15.5%
    Record Year 2007 (439) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201099126154
    New companies in 200981103123
    % change22.2%22.3%25.2%
    Record Year2008 (109)2003 (136)2007 (205)

Closed Companies (dissolved)

  1. 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)NorwichUK
    201028082,677
    2009241108,060
    % change16.2%-23.5%
    Record Year 2010 (280) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2010919297
    Closed companies in 20094653142
    % change97.8%73.6%-32%
    Record Year2010 (91)2008 (108)2009 (142)

Net Company Growth

  1. 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)NorwichUK
    20109922,460
    200966-17,026
    Record Year 2007 (289) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201083457
    Net growth in 20093550-19
    Record Year2008 (64)2003 (101)2007 (167)

UK Company Share

  1. 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
    20100.4%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1962 (0.8%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.3%0.4%0.4%
    UK formation share in 20090.3%0.4%0.3%
    % change13.4%4.8%4.0%
    Record Year1962 (1.5%)1972 (0.9%)1965 (1.2%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.78%MANAGEMENT5.01%
    NORWICH1.52%CONSULTING4.60%
    CONSULTANCY1.26%CONSULTANCY2.87%
    CONSULTING1.10%PROPERTY2.50%
    NORFOLK0.89%ASSOCIATES2.04%
    GROUP0.79%TRADING1.93%
    TRAINING0.73%DESIGN1.91%
    PROPERTY0.73%CONSTRUCTION1.87%
    CARE0.73%MEDIA1.84%
    ASSOCIATES0.73%BUSINESS1.74%
    MEDIA0.73%INTERNATIONAL1.73%
    GREEN0.68%CONSULTANTS1.63%
    BUSINESS0.68%ENGINEERING1.54%
    PARTNERSHIP0.68%J1.48%
    (NORWICH)0.63%LONDON1.45%
    PROSPER0.58%INVESTMENTS1.45%
    IT0.58%GROUP1.37%
    MARKETING0.52%GLOBAL1.35%
    (NORFOLK)0.52%PROPERTIES1.35%
    CONSTRUCTION0.52%BUILDING1.34%
    BUILDING0.52%CARE1.33%
    EAST0.52%ELECTRICAL1.30%
    ENGINEERING0.52%M1.28%
    CONSULTANTS0.52%SYSTEMS1.25%
    DESIGN0.52%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied548228,645
    7487 - Other business activities19274,904
    82990 - Other business support service activities not elsewhere classified10226,974
    9999 - Dormant Company8319,948
    70229 - Management consultancy activities other than financial management6514,007
    99999 - Dormant Company6213,808
    7414 - Business & management consultancy5017,003
    7499 - Non-trading company4815,398
    74990 - Non-trading company448,149
    62090 - Other information technology service activities366,340
    7260 - Other computer related activities3610,331
    74909 - Other professional, scientific and technical activities not elsewhere classified317,143
    7222 - Other software consultancy and supply309,659
    62020 - Information technology consultancy activities309,943
    4521 - General construction & civil engineering289,325
    9305 - Other service activities249,038
    96090 - Other service activities not elsewhere classified228,154
    41100 - Development of building projects224,513
    43210 - Electrical installation183,163
    43220 - Plumbing, heat and air-conditioning installation172,179

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07207237 QUICKTHINK SOLUTIONS LIMITED 30 Mar 2010
    07203963 SKILLS START HERE (NORFOLK) LIMITED 25 Mar 2010
    07202594 GRAHAM ANTELL LTD 25 Mar 2010
    07201699 SKILLS START HERE COMMUNITY INTEREST COMPANY 24 Mar 2010
    07198500 FIRST HEALTH (CAMBRIDGESHIRE) LIMITED 22 Mar 2010
    07190606 FISHFIN LIMITED 16 Mar 2010
    07190103 ALEXANDER GRACE HOMES (LAND ASSETS) LTD 16 Mar 2010
    07189618 CLEAN & PROSPER UK LIMITED 15 Mar 2010
    07187314 BAR 33 LTD 12 Mar 2010
    07187195 CITY SERVICE WASH AND VALET LTD 12 Mar 2010
    07184156 FLYING SAUCER CREATIVE LTD 10 Mar 2010
    07180773 CHRIS HARRINGTON TRANSPORT LIMITED 06 Mar 2010
    07176675 JCTE LIMITED 03 Mar 2010
    OC353645 COLNEY RADIOLOGY GROUP LLP 26 Mar 2010
    07177399 ALEKS JEWELLERS LIMITED 04 Mar 2010
    07203695 LOVECLOTHING.COM (UK) LTD 25 Mar 2010
    07189709 ARTIFAQS LIMITED 15 Mar 2010
    07194508 CJ TECHNICAL SERVICES LIMITED 18 Mar 2010
    07181358 MIXED VOICE LIMITED 08 Mar 2010
    07192303 ACERVE LTD 17 Mar 2010
    07205898 DT ASSESSMENTS LTD 29 Mar 2010
    07199678 BEARINGS DIRECT LTD 23 Mar 2010
    07198626 SWAGGER & STITCH LTD 22 Mar 2010
    07184675 VENTURE CATALYST ONLINE LIMITED 10 Mar 2010
    07175938 BARCONN CONSTRUCTION LIMITED 03 Mar 2010