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
    07169051 THE SHACKLETON DESIGN AND MANUFACTURING COMPANY LTD 25 Feb 2010
    07167164 ARB SUPPLY CHAIN LTD 24 Feb 2010
    07165349 SHERIMORE LIMITED 23 Feb 2010
    07160049 WILLSOFT LIMITED 17 Feb 2010
    07159219 CONRAD GLOBAL GROUP LIMITED 16 Feb 2010
    07157541 VANGUARD IT AND COMMUNICATIONS SERVICES LIMITED 15 Feb 2010
    07156242 PREVA FARMING LIMITED 12 Feb 2010
    07146773 PROSPER WORK SOLUTIONS LIMITED 04 Feb 2010
    07165537 GATEWAY VINEYARD CHRISTIAN FELLOWSHIP NORWICH 23 Feb 2010
    07165435 BCL ASSETS LIMITED 23 Feb 2010
    07151216 MILK DEVELOPMENT LTD 09 Feb 2010
    07146487 SOS BABYSITTER LTD 04 Feb 2010
    07170370 M & K HOLDINGS (NORWICH) LIMITED 25 Feb 2010
    07163248 GLENN WILSON PROPERTY MAINTENANCE LTD 19 Feb 2010
    07147658 BROADLAND FABRICATION LTD 05 Feb 2010
    07167990 BLACK BULL & RED FROG LTD 24 Feb 2010
    07163186 360INTEGRITY LTD 19 Feb 2010
    07161448 THE LIGHTHOUSE BRAND CONSULTANCY LIMITED 18 Feb 2010
    07163961 M.W. WHITE LIMITED 22 Feb 2010
    07159983 MEERKAT PROSPECTS LIMITED 17 Feb 2010
    07168272 THE JOINERY WORKSHOP NORTH NORFOLK LIMITED 24 Feb 2010
    07162389 OASIS EXPLORATION SERVICES LTD 18 Feb 2010
    07156293 OASIS EXPLORATION SERVICES LTD 12 Feb 2010
    07169247 HFG FARM SHOP LIMITED 25 Feb 2010
    07162790 MAGNUGEN TURBINES LTD 19 Feb 2010