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

  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 (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)NorwichUK
    2010311101,492
    200932194,671
    % change-3.1%7.2%
    Record Year 2003 (377) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    New Companies by Month
    JulyAugustSeptember
    New companies in 201010584122
    New companies in 2009111105105
    % change-5.4%-20.0%16.2%
    Record Year2003 (144)2006 (108)2003 (141)

Closed Companies (dissolved)

  1. 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)NorwichUK
    201028187,705
    2009329159,401
    % change-14.6%-45.0%
    Record Year 2009 (329) 2009 (159,401)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 20108411681
    Closed companies in 20098286161
    % change2.4%34.9%-50%
    Record Year2010 (84)2008 (154)2009 (161)

Net Company Growth

  1. 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)NorwichUK
    20103013,787
    2009-8-64,730
    Record Year 2003 (229) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201021-3241
    Net growth in 20092919-56
    Record Year2003 (86)2006 (61)2003 (97)

UK Company Share

  1. 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
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1961 (1.0%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.4%0.4%0.3%
    % change-12.0%-27.4%11.4%
    Record Year1961 (1.1%)1961 (1.5%)1962 (1.5%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    NORWICH1.62%MANAGEMENT5.06%
    MANAGEMENT1.41%CONSULTING4.99%
    CONSULTANCY1.36%CONSULTANCY3.12%
    CONSULTING1.36%PROPERTY2.38%
    PROPERTY1.04%TRADING2.04%
    NORFOLK1.04%ASSOCIATES2.01%
    (NORWICH)0.99%DESIGN1.93%
    EAST0.73%CONSTRUCTION1.86%
    PROSPER0.68%BUSINESS1.80%
    BUILDING0.63%MEDIA1.75%
    ENGINEERING0.63%CONSULTANTS1.73%
    CARE0.63%LONDON1.59%
    ENERGY0.57%ENGINEERING1.59%
    BUSINESS0.57%INVESTMENTS1.49%
    GROUP0.57%CARE1.44%
    TRAINING0.57%J1.44%
    MARKETING0.57%INTERNATIONAL1.43%
    DEVELOPMENT0.52%GLOBAL1.42%
    J0.52%IT1.35%
    ANGLIA0.52%PROPERTIES1.35%
    ENTERPRISES0.52%BUILDING1.32%
    IT0.52%ELECTRICAL1.30%
    (NORFOLK)0.52%M1.28%
    PROPERTIES0.47%SYSTEMS1.26%
    GREEN0.47%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied498202,902
    7487 - Other business activities20569,802
    82990 - Other business support service activities not elsewhere classified11225,053
    9999 - Dormant Company6921,484
    99999 - Dormant Company6214,072
    70229 - Management consultancy activities other than financial management5913,161
    7414 - Business & management consultancy5514,940
    7499 - Non-trading company4313,408
    74990 - Non-trading company377,649
    62090 - Other information technology service activities325,716
    74909 - Other professional, scientific and technical activities not elsewhere classified306,460
    7260 - Other computer related activities298,967
    4521 - General construction & civil engineering277,634
    7222 - Other software consultancy and supply258,183
    96090 - Other service activities not elsewhere classified257,767
    9305 - Other service activities229,454
    62020 - Information technology consultancy activities218,292
    43210 - Electrical installation182,747
    41100 - Development of building projects173,688
    70100 - Activities of head offices162,768

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07389036 SOMMERFIELD MARITIME LIMITED 28 Sep 2010
    07379016 S J C ENGINEERS LTD 16 Sep 2010
    07378618 WORLD ADDRESSES LIMITED 16 Sep 2010
    07371674 KREMLIN VC MOSCOW LTD 09 Sep 2010
    07371518 CHOICCE LIMITED 09 Sep 2010
    07367981 BLACK BIKES LTD. 07 Sep 2010
    07364645 100 DEGREES NORTH LIMITED 03 Sep 2010
    07391972 APPETITE SOFTWARE LTD 29 Sep 2010
    07371925 NORWICH CONCEPT STORES LTD 10 Sep 2010
    07391525 FRIARS 644 LIMITED 29 Sep 2010
    07375809 OVERBURYS IN HOME LIMITED 14 Sep 2010
    07371369 MR TRADES LIMITED 09 Sep 2010
    OC357959 SAWYARD DEVELOPMENT LLP 16 Sep 2010
    07374424 GOLDEN TRIANGLE BREWERY LIMITED 13 Sep 2010
    07380235 AKE CONSULTANCY LIMITED 17 Sep 2010
    07375264 PAUL DENNES LIMITED 14 Sep 2010
    07369373 KARIAN BOUTIQUE LTD 08 Sep 2010
    07387402 SPM DENTAL EQUIPMENT ENGINEERS LTD 24 Sep 2010
    07386050 PT ELECTRICAL LTD 23 Sep 2010
    07375860 GRIFFIN GUTTERING SERVICES LTD 14 Sep 2010
    07371553 THOMAS SILVER LIMITED 09 Sep 2010
    07388275 HTTECH LTD 27 Sep 2010
    07379641 DKL CONSULTANCY LIMITED 17 Sep 2010
    07363420 KAY TONKS LIMITED 02 Sep 2010
    07375030 MILLIGEN MCLEOD CONTRACTING LIMITED 14 Sep 2010