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
    07171629 YARE INVESTMENTS LTD 26 Feb 2010
    07165349 SHERIMORE LIMITED 23 Feb 2010
    07165321 CHELSAVE LIMITED 23 Feb 2010
    07162686 TERRA THERMAL UK LIMITED 19 Feb 2010
    07160204 AGENT I AND SONS LIMITED 17 Feb 2010
    07159947 PARAGON TOURISM SOLUTIONS LIMITED 17 Feb 2010
    07154740 SKS WHOLESALE LIMITED 11 Feb 2010
    07148880 COMPLETE PLASTIC RECYCLING LIMITED 06 Feb 2010
    07145126 THE PROSPER ORGANISATION LIMITED 03 Feb 2010
    07170779 FAMILY LAW CONSULTANCY LIMITED 26 Feb 2010
    07165537 GATEWAY VINEYARD CHRISTIAN FELLOWSHIP NORWICH 23 Feb 2010
    07164504 HOUSE AND FLAT TRADER LIMITED 22 Feb 2010
    07159268 CELLAR BOY LIMITED 16 Feb 2010
    07166423 SCRUFFY DOG LIMITED 23 Feb 2010
    07166161 APEX TREE AND GARDEN CARE LTD 23 Feb 2010
    07161114 HEALTH EDUCATION PARTNERSHIP LIMITED 17 Feb 2010
    07145423 B & C NORFOLK LIMITED 03 Feb 2010
    07143768 LOVEDAY, BOURASSA & CUTTS LIMITED 02 Feb 2010
    07142032 IDEAL SCAFFOLDING (EASTERN) LIMITED 01 Feb 2010
    OC352153 PHUKET DEVELOPMENTS LLP 08 Feb 2010
    07159324 HUSSEY GROUP INVESTMENTS LIMITED 16 Feb 2010
    07150731 HAWTHORNS TECHNICAL SERVICES LTD 09 Feb 2010
    07157095 MAHB CAPITAL LIMITED 15 Feb 2010
    07150433 ABSOLUTE LICENSING LIMITED 09 Feb 2010
    07168120 ARCHIVED COMPANY456 LIMITED 24 Feb 2010