Norwich, Norfolk

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company registrations in Norwich when compared to any previous November.
  • November 2010 saw a new record in company closures in Norwich when compared to any previous November.

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. Annual Data (2010)

    A total of 1,306 companies were formed in Norwich in 2010. This total is 9.2% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearNorwichUK
    20101,306400,358
    20091,196362,675
    20081,249349,203
    20071,376457,649
    20061,241405,440
    Record Year2003 (1,527)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 640 companies were formed in Norwich. This figure is 4.7% higher than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Norwich occurred in 2003 when a total of 768 were formed.

    Half Year (Jul-Dec)NorwichUK
    2010640196,609
    2009611180,654
    % change4.7%8.8%
    Record Year2003 (768)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 329 companies were registered in Norwich during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 13.4% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)NorwichUK
    201032995,117
    200929085,983
    % change13.4%10.6%
    Record Year 2003 (391) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Norwich when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201011313680
    New companies in 200910510481
    % change7.6%30.8%-1.2%
    Record Year2003 (165)2010 (136)2003 (103)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 1,105 companies were dissolved in Norwich in 2010. This total is 15.1% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearNorwichUK
    20101,105342,232
    20091,302533,773
    2008647237,901
    2007621220,295
    2006618200,166
    Record Year2009 (1,302)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 504 companies were dissolved in Norwich. This figure is 20.8% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Norwich occurred in 2009 when a total of 636 were closed.

    Half Year (Jul-Dec)NorwichUK
    2010504164,601
    2009636244,537
    % change-20.8%-32.7%
    Record Year2009 (636)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 223 companies were dissolved in Norwich during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 27.4% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)NorwichUK
    201022376,896
    200930785,136
    % change-27.4%-9.7%
    Record Year 2009 (307) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Norwich when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20107010944
    Closed companies in 200910396108
    % change-32.0%13.5%-59%
    Record Year2009 (103)2010 (109)2009 (108)

Net Company Growth

  1. Annual Data (2010)

    A total of 201 companies were added to the company register for Norwich in 2010. This number represents growth of 16.8% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 307 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Norwich company register grew by 1,003 companies.

    YearNorwichUK
    201020158,126
    2009-106-171,098
    2008602111,302
    2007755237,354
    2006623205,274
    Record Year2003 (1,003)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Norwich increased by 136 companies.

    Half Year (Jul-Dec)NorwichUK
    201013632,008
    2009-25-63,883
    Record Year2003 (477)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Norwich during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 106 companies.

    fourth quarter (Oct 2010 - Dec 2010)NorwichUK
    201010618,221
    2009-17847
    Record Year 2003 (248) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010432736
    Net growth in 200928-27
    Record Year2003 (117)2003 (80)2002 (75)

UK Company Share

  1. Annual Data (2010)

    In 2010 Norwich formed 0.3% of all UK companies. This is no change on 2009 when Norwich was responsible for 0.3% of all UK companies.

    YearNorwich
    20100.3%
    20090.3%
    20080.4%
    20070.3%
    20060.3%
    Record Year (since 1960)1966 (0.7%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Norwich formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.

    Half Year (Jul-Dec)Norwich
    20100.3%
    20090.3%
    20080.4%
    20070.3%
    20060.3%
    Record Year (since 1960) 1966 (0.7%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Norwich formed 0.3% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Norwich
    20100.3%
    20090.3%
    20080.4%
    20070.4%
    20060.3%
    Record Year (since 1960) 1967 (0.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.3%0.4%0.3%
    UK formation share in 20090.4%0.3%0.3%
    % change-5.8%16.9%-6.0%
    Record Year1960 (1.2%)1976 (0.9%)1966 (1.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.9.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 45.3.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 45.1.

    The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Norwich was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Norwich in 2010 was 27.1%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Norwich was 1860 when 42.9% of all directors were female.

    25.3% of all director appointments in Norwich in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Norwich was in 1977 when 31.1% of all directors were female.

    25.4% of all director appointments in Norwich in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    NORWICH1.55%CONSULTING5.06%
    MANAGEMENT1.29%MANAGEMENT5.01%
    CONSULTING1.19%CONSULTANCY3.14%
    CONSULTANCY1.03%PROPERTY2.36%
    PROPERTY0.93%TRADING2.11%
    NORFOLK0.93%ASSOCIATES1.95%
    (NORWICH)0.93%DESIGN1.92%
    BUSINESS0.83%BUSINESS1.82%
    CARE0.77%CONSTRUCTION1.82%
    EAST0.77%CONSULTANTS1.76%
    MEDIA0.72%MEDIA1.71%
    (NORFOLK)0.67%ENGINEERING1.62%
    CONSTRUCTION0.62%LONDON1.60%
    PROSPER0.57%CARE1.45%
    HEALTH0.57%INVESTMENTS1.44%
    MARKETING0.57%GLOBAL1.43%
    ANGLIA0.57%J1.42%
    D0.57%IT1.41%
    J0.52%PROPERTIES1.34%
    BUILDING0.46%INTERNATIONAL1.34%
    ENTERPRISES0.46%BUILDING1.34%
    TRAINING0.46%M1.30%
    DEVELOPMENTS0.46%ELECTRICAL1.25%
    DEVELOPMENT0.46%SYSTEMS1.24%
    GROUP0.46%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied509199,572
    7487 - Other business activities18863,348
    82990 - Other business support service activities not elsewhere classified11427,550
    70229 - Management consultancy activities other than financial management6714,505
    99999 - Dormant Company6716,285
    9999 - Dormant Company5720,144
    7414 - Business & management consultancy5113,474
    74990 - Non-trading company418,243
    7499 - Non-trading company3912,000
    62090 - Other information technology service activities336,330
    74909 - Other professional, scientific and technical activities not elsewhere classified327,088
    62020 - Information technology consultancy activities299,177
    7260 - Other computer related activities278,089
    96090 - Other service activities not elsewhere classified248,799
    4521 - General construction & civil engineering236,598
    7222 - Other software consultancy and supply207,298
    9305 - Other service activities188,858
    43210 - Electrical installation172,980
    86900 - Other human health activities163,700
    7032 - Manage real estate, fee or contract162,235

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07451313 CREATIVE BEAUTY (UK) LTD 25 Nov 2010
    07450040 TURNER MAINTENANCE LIMITED 24 Nov 2010
    07438461 SOLAS (NORWICH) LIMITED 12 Nov 2010
    07437274 EJ STATS LIMITED 11 Nov 2010
    07434254 CHAMBERS & CO (SOLICITORS) LIMITED 09 Nov 2010
    07433617 GOOD WHOLESOME FOOD LTD 09 Nov 2010
    07432799 OFFSHORE INSTALLATION SERVICES LTD 08 Nov 2010
    07429193 PANACHE CONTRACTORS LIMITED 04 Nov 2010
    07426055 ALCHEMY (FRANCHISING) LTD 02 Nov 2010
    07425959 THE JUMPER DRESS SHOP LIMITED 01 Nov 2010
    07431463 HUNG SING MARTIAL ARTS SCHOOL LTD 05 Nov 2010
    07426683 IWR MEDIA LTD 02 Nov 2010
    07450561 FRIARS 647 LIMITED 24 Nov 2010
    07441697 DRUIDSVILLE DEVELOPMENTS LIMITED 16 Nov 2010
    07431732 HDCN LIMITED 08 Nov 2010
    07428509 BOLD7 LTD 03 Nov 2010
    07442791 COMMUNITY SOLUTIONS EAST LIMITED 17 Nov 2010
    07442198 G&A AUTO LIMITED 17 Nov 2010
    07445476 NORSE EASTERN LIMITED 19 Nov 2010
    07440308 TOFTMEAD COURT MANAGEMENT COMPANY LIMITED 15 Nov 2010
    07455307 AZAD & SONS LIMITED 30 Nov 2010
    07437088 GML DEVELOPMENTS (NORFOLK) LIMITED 11 Nov 2010
    07425889 COMMERCIAL ANALYTICS PREDICTERS LIMITED 01 Nov 2010
    07434475 BAY2020 LIMITED 09 Nov 2010
    07453473 THE MUTIMER PARTNERSHIP LIMITED 29 Nov 2010