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
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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