Norwich, Norfolk
2010 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 666 companies were formed in Norwich. This figure is 13.8% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Norwich occurred in 2007 when a total of 784 were formed.
Half Year (Jan-Jun) Norwich UK 2010 666 203,749 2009 585 182,021 % change 13.8% 11.9% Record Year 2007 (784) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 287 companies were registered in Norwich during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 3.2% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Norwich UK 2010 287 98,612 2009 278 90,987 % change 3.2% 8.4% Record Year 2003 (389) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 111 91 85 New companies in 2009 86 83 109 % change 29.1% 9.6% -22.0% Record Year 2003 (133) 2007 (127) 2003 (131)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 601 companies were dissolved in Norwich. This figure is 9.8% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Norwich occurred in 2009 when a total of 666 were closed.
Half Year (Jan-Jun) Norwich UK 2010 601 177,631 2009 666 289,236 % change -9.8% -38.6% Record Year 2009 (666) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 321 companies were dissolved in Norwich during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 24.5% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Norwich UK 2010 321 94,954 2009 425 181,176 % change -24.5% -47.6% Record Year 2009 (425) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 71 110 140 Closed companies in 2009 91 191 143 % change -22.0% -42.4% -2% Record Year 2009 (91) 2009 (191) 2009 (143)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Norwich increased by 65 companies.
Half Year (Jan-Jun) Norwich UK 2010 65 26,118 2009 -81 -107,215 Record Year 2003 (526) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Norwich during the second quarter of 2010 (Apr 2010 - Jun 2010) was -34 companies.
second quarter (Apr 2010 - Jun 2010) Norwich UK 2010 -34 3,658 2009 -147 -90,189 Record Year 2003 (284) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 40 -19 -55 Net growth in 2009 -5 -108 -34 Record Year 2003 (86) 2003 (98) 2008 (101)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Norwich formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jan-Jun) Norwich 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1961 (0.8%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Norwich formed 0.3% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Norwich 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1963 (0.9%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.3% 0.3% 0.2% UK formation share in 2009 0.3% 0.3% 0.3% % change 18.7% 4.5% -29.9% Record Year 1979 (1.1%) 1961 (1.1%) 1963 (1.1%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 46.4.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 47.3.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 7.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Norwich was 1857 when 40.0% of all directors were female.
24.7% of all director appointments in Norwich in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Norwich was in 1866 when 66.7% of all directors were female.
28.4% of all director appointments in Norwich in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.61% MANAGEMENT 5.01% NORWICH 1.46% CONSULTING 4.79% CONSULTANCY 1.30% CONSULTANCY 3.02% CONSULTING 1.25% PROPERTY 2.40% PROPERTY 0.94% ASSOCIATES 2.02% NORFOLK 0.83% TRADING 2.01% (NORWICH) 0.78% DESIGN 1.91% EAST 0.78% CONSTRUCTION 1.85% CARE 0.73% MEDIA 1.80% PROSPER 0.73% BUSINESS 1.75% TRAINING 0.68% CONSULTANTS 1.71% MARKETING 0.68% INTERNATIONAL 1.59% GREEN 0.68% ENGINEERING 1.56% ENGINEERING 0.68% LONDON 1.52% BUSINESS 0.62% INVESTMENTS 1.49% ANGLIA 0.62% J 1.46% (NORFOLK) 0.62% CARE 1.41% J 0.62% GLOBAL 1.39% MEDIA 0.62% PROPERTIES 1.35% GROUP 0.62% BUILDING 1.33% BUILDING 0.57% M 1.29% ENERGY 0.57% IT 1.28% CONSULTANTS 0.52% ELECTRICAL 1.27% PARTNERSHIP 0.52% GROUP 1.25% ASSOCIATES 0.52% DEVELOPMENTS 1.25%
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 501 207,125 7487 - Other business activities 183 68,525 82990 - Other business support service activities not elsewhere classified 107 25,942 9999 - Dormant Company 72 19,842 99999 - Dormant Company 64 14,342 70229 - Management consultancy activities other than financial management 61 13,490 7414 - Business & management consultancy 45 14,598 7499 - Non-trading company 44 13,997 74990 - Non-trading company 39 7,893 7260 - Other computer related activities 32 9,122 62090 - Other information technology service activities 32 5,854 74909 - Other professional, scientific and technical activities not elsewhere classified 31 6,684 4521 - General construction & civil engineering 27 8,262 96090 - Other service activities not elsewhere classified 25 7,922 7222 - Other software consultancy and supply 25 8,285 9305 - Other service activities 21 8,822 62020 - Information technology consultancy activities 21 8,590 41100 - Development of building projects 19 3,945 43210 - Electrical installation 18 2,859 70100 - Activities of head offices 17 2,912
Recent Companies
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Randomly selected companies from this quarter
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