Norwich, Norfolk
Q3 2010 Business Confidence Report
Headlines
- July 2010 saw a new record in company closures in Norwich when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 311 companies were registered in Norwich during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 3.1% versus the same period last year (Q3 2009). This figure compares badly to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Norwich UK 2010 311 101,492 2009 321 94,671 % change -3.1% 7.2% Record Year 2003 (377) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
New Companies by Month
July August September New companies in 2010 105 84 122 New companies in 2009 111 105 105 % change -5.4% -20.0% 16.2% Record Year 2003 (144) 2006 (108) 2003 (141)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 281 companies were dissolved in Norwich during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 14.6% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Norwich UK 2010 281 87,705 2009 329 159,401 % change -14.6% -45.0% Record Year 2009 (329) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
July 2010 saw a new record in company closures in Norwich when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2010 84 116 81 Closed companies in 2009 82 86 161 % change 2.4% 34.9% -50% Record Year 2010 (84) 2008 (154) 2009 (161)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Norwich during the third quarter of 2010 (Jul 2010 - Sep 2010) was 30 companies.
third quarter (Jul 2010 - Sep 2010) Norwich UK 2010 30 13,787 2009 -8 -64,730 Record Year 2003 (229) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 21 -32 41 Net growth in 2009 29 19 -56 Record Year 2003 (86) 2006 (61) 2003 (97)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Norwich formed 0.3% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Norwich 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1961 (1.0%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.3% 0.3% 0.3% UK formation share in 2009 0.4% 0.4% 0.3% % change -12.0% -27.4% 11.4% Record Year 1961 (1.1%) 1961 (1.5%) 1962 (1.5%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 45.6.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 7.0% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Norwich was in 1862 when 50.0% of all directors were female.
25.2% of all director appointments in Norwich in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORWICH 1.62% MANAGEMENT 5.06% MANAGEMENT 1.41% CONSULTING 4.99% CONSULTANCY 1.36% CONSULTANCY 3.12% CONSULTING 1.36% PROPERTY 2.38% PROPERTY 1.04% TRADING 2.04% NORFOLK 1.04% ASSOCIATES 2.01% (NORWICH) 0.99% DESIGN 1.93% EAST 0.73% CONSTRUCTION 1.86% PROSPER 0.68% BUSINESS 1.80% BUILDING 0.63% MEDIA 1.75% ENGINEERING 0.63% CONSULTANTS 1.73% CARE 0.63% LONDON 1.59% ENERGY 0.57% ENGINEERING 1.59% BUSINESS 0.57% INVESTMENTS 1.49% GROUP 0.57% CARE 1.44% TRAINING 0.57% J 1.44% MARKETING 0.57% INTERNATIONAL 1.43% DEVELOPMENT 0.52% GLOBAL 1.42% J 0.52% IT 1.35% ANGLIA 0.52% PROPERTIES 1.35% ENTERPRISES 0.52% BUILDING 1.32% IT 0.52% ELECTRICAL 1.30% (NORFOLK) 0.52% M 1.28% PROPERTIES 0.47% SYSTEMS 1.26% GREEN 0.47% S 1.24%
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 498 202,902 7487 - Other business activities 205 69,802 82990 - Other business support service activities not elsewhere classified 112 25,053 9999 - Dormant Company 69 21,484 99999 - Dormant Company 62 14,072 70229 - Management consultancy activities other than financial management 59 13,161 7414 - Business & management consultancy 55 14,940 7499 - Non-trading company 43 13,408 74990 - Non-trading company 37 7,649 62090 - Other information technology service activities 32 5,716 74909 - Other professional, scientific and technical activities not elsewhere classified 30 6,460 7260 - Other computer related activities 29 8,967 4521 - General construction & civil engineering 27 7,634 7222 - Other software consultancy and supply 25 8,183 96090 - Other service activities not elsewhere classified 25 7,767 9305 - Other service activities 22 9,454 62020 - Information technology consultancy activities 21 8,292 43210 - Electrical installation 18 2,747 41100 - Development of building projects 17 3,688 70100 - Activities of head offices 16 2,768
Recent Companies
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Randomly selected companies from this quarter
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