Norwich, Norfolk

2010 Half Year Business Confidence Report

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. 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)NorwichUK
    2010666203,749
    2009585182,021
    % change13.8%11.9%
    Record Year2007 (784)2007 (279,097)
    New Companies by Half Year
  2. 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)NorwichUK
    201028798,612
    200927890,987
    % change3.2%8.4%
    Record Year 2003 (389) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 20101119185
    New companies in 20098683109
    % change29.1%9.6%-22.0%
    Record Year2003 (133)2007 (127)2003 (131)

Closed Companies (dissolved)

  1. 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)NorwichUK
    2010601177,631
    2009666289,236
    % change-9.8%-38.6%
    Record Year2009 (666)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)NorwichUK
    201032194,954
    2009425181,176
    % change-24.5%-47.6%
    Record Year 2009 (425) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201071110140
    Closed companies in 200991191143
    % change-22.0%-42.4%-2%
    Record Year2009 (91)2009 (191)2009 (143)

Net Company Growth

  1. 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)NorwichUK
    20106526,118
    2009-81-107,215
    Record Year2003 (526)2007 (171,296)
    Net Growth by Half Year
  2. 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)NorwichUK
    2010-343,658
    2009-147-90,189
    Record Year 2003 (284) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201040-19-55
    Net growth in 2009-5-108-34
    Record Year2003 (86)2003 (98)2008 (101)

UK Company Share

  1. 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
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1961 (0.8%)
    Company Share by Half Year
  2. 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
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1963 (0.9%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.3%0.3%0.2%
    UK formation share in 20090.3%0.3%0.3%
    % change18.7%4.5%-29.9%
    Record Year1979 (1.1%)1961 (1.1%)1963 (1.1%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.61%MANAGEMENT5.01%
    NORWICH1.46%CONSULTING4.79%
    CONSULTANCY1.30%CONSULTANCY3.02%
    CONSULTING1.25%PROPERTY2.40%
    PROPERTY0.94%ASSOCIATES2.02%
    NORFOLK0.83%TRADING2.01%
    (NORWICH)0.78%DESIGN1.91%
    EAST0.78%CONSTRUCTION1.85%
    CARE0.73%MEDIA1.80%
    PROSPER0.73%BUSINESS1.75%
    TRAINING0.68%CONSULTANTS1.71%
    MARKETING0.68%INTERNATIONAL1.59%
    GREEN0.68%ENGINEERING1.56%
    ENGINEERING0.68%LONDON1.52%
    BUSINESS0.62%INVESTMENTS1.49%
    ANGLIA0.62%J1.46%
    (NORFOLK)0.62%CARE1.41%
    J0.62%GLOBAL1.39%
    MEDIA0.62%PROPERTIES1.35%
    GROUP0.62%BUILDING1.33%
    BUILDING0.57%M1.29%
    ENERGY0.57%IT1.28%
    CONSULTANTS0.52%ELECTRICAL1.27%
    PARTNERSHIP0.52%GROUP1.25%
    ASSOCIATES0.52%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied501207,125
    7487 - Other business activities18368,525
    82990 - Other business support service activities not elsewhere classified10725,942
    9999 - Dormant Company7219,842
    99999 - Dormant Company6414,342
    70229 - Management consultancy activities other than financial management6113,490
    7414 - Business & management consultancy4514,598
    7499 - Non-trading company4413,997
    74990 - Non-trading company397,893
    7260 - Other computer related activities329,122
    62090 - Other information technology service activities325,854
    74909 - Other professional, scientific and technical activities not elsewhere classified316,684
    4521 - General construction & civil engineering278,262
    96090 - Other service activities not elsewhere classified257,922
    7222 - Other software consultancy and supply258,285
    9305 - Other service activities218,822
    62020 - Information technology consultancy activities218,590
    41100 - Development of building projects193,945
    43210 - Electrical installation182,859
    70100 - Activities of head offices172,912

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07268322 THE WORKS ACADEMY LTD 28 May 2010
    07260749 FORWARD SALES & MARKETING LTD 21 May 2010
    07248433 MPC INVEST LTD 10 May 2010
    07268369 TRULY PHOTOS LTD 28 May 2010
    07260594 ELITECHNOLOGY LIMITED 20 May 2010
    07250605 LIVING AND DYING WELL LIMITED 12 May 2010
    07247476 GEKKO-SPHERE LIMITED 10 May 2010
    07247193 RAYFEM LIMITED 10 May 2010
    07247398 SMART EUROPE LIMITED 10 May 2010
    07246541 SINGH CHOICE LTD 07 May 2010
    07257648 PIKEENERGY LTD 18 May 2010
    07251380 N.C.G. SOLUTIONS LIMITED 12 May 2010
    07243622 NEW SPICE LAND LIMITED 05 May 2010
    07260527 CARPENTERS 26 LIMITED 20 May 2010
    07266888 MANN PROJECTS SERVICES LIMITED 27 May 2010
    07263679 I FLETCHER CONSULTING LTD 24 May 2010
    07254745 NEW BASE CAMP LTD 14 May 2010
    07248264 AQL AIRC2 CONSULTANCY LTD 10 May 2010
    07243363 MIDAS INNS LIMITED 05 May 2010
    07246772 THE WROXHAM SHED AND BREWERY TAP LIMITED 07 May 2010
    07244427 LV PROPERTY SERVICES LTD 05 May 2010
    07261528 CLOCKWORK GAMES LIMITED 21 May 2010
    07261078 ONE HR SOLUTION LIMITED 21 May 2010
    07253716 ENERGY MARKET ANALYSIS LIMITED 14 May 2010
    07268237 DIORAMA LIMITED 28 May 2010