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
New Company Registrations
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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.
Year Norwich UK 2010 1,306 400,358 2009 1,196 362,675 2008 1,249 349,203 2007 1,376 457,649 2006 1,241 405,440 Record Year 2003 (1,527) 2007 (457,649) New Companies by Year
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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) Norwich UK 2010 640 196,609 2009 611 180,654 % change 4.7% 8.8% Record Year 2003 (768) 2003 (201,446) New Companies by Half Year
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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) Norwich UK 2010 329 95,117 2009 290 85,983 % change 13.4% 10.6% Record Year 2003 (391) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 113 136 80 New companies in 2009 105 104 81 % change 7.6% 30.8% -1.2% Record Year 2003 (165) 2010 (136) 2003 (103)
Closed Companies (dissolved)
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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.
Year Norwich UK 2010 1,105 342,232 2009 1,302 533,773 2008 647 237,901 2007 621 220,295 2006 618 200,166 Record Year 2009 (1,302) 2009 (533,773) Dissolved Companies by Year
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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) Norwich UK 2010 504 164,601 2009 636 244,537 % change -20.8% -32.7% Record Year 2009 (636) 2009 (244,537) Dissolved Companies by Half Year
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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) Norwich UK 2010 223 76,896 2009 307 85,136 % change -27.4% -9.7% Record Year 2009 (307) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 70 109 44 Closed companies in 2009 103 96 108 % change -32.0% 13.5% -59% Record Year 2009 (103) 2010 (109) 2009 (108)
Net Company Growth
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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.
Year Norwich UK 2010 201 58,126 2009 -106 -171,098 2008 602 111,302 2007 755 237,354 2006 623 205,274 Record Year 2003 (1,003) 2003 (242,543) Net Growth by Year
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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) Norwich UK 2010 136 32,008 2009 -25 -63,883 Record Year 2003 (477) 2003 (117,772) Net Growth by Half Year
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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) Norwich UK 2010 106 18,221 2009 -17 847 Record Year 2003 (248) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 43 27 36 Net growth in 2009 2 8 -27 Record Year 2003 (117) 2003 (80) 2002 (75)
UK Company Share
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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.
Year Norwich 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.3% 2006 0.3% Record Year (since 1960) 1966 (0.7%) Company Share by Year
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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 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.3% 2006 0.3% Record Year (since 1960) 1966 (0.7%) Company Share by Half Year
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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 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.4% 2006 0.3% Record Year (since 1960) 1967 (0.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.3% 0.4% 0.3% UK formation share in 2009 0.4% 0.3% 0.3% % change -5.8% 16.9% -6.0% Record Year 1960 (1.2%) 1976 (0.9%) 1966 (1.6%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORWICH 1.55% CONSULTING 5.06% MANAGEMENT 1.29% MANAGEMENT 5.01% CONSULTING 1.19% CONSULTANCY 3.14% CONSULTANCY 1.03% PROPERTY 2.36% PROPERTY 0.93% TRADING 2.11% NORFOLK 0.93% ASSOCIATES 1.95% (NORWICH) 0.93% DESIGN 1.92% BUSINESS 0.83% BUSINESS 1.82% CARE 0.77% CONSTRUCTION 1.82% EAST 0.77% CONSULTANTS 1.76% MEDIA 0.72% MEDIA 1.71% (NORFOLK) 0.67% ENGINEERING 1.62% CONSTRUCTION 0.62% LONDON 1.60% PROSPER 0.57% CARE 1.45% HEALTH 0.57% INVESTMENTS 1.44% MARKETING 0.57% GLOBAL 1.43% ANGLIA 0.57% J 1.42% D 0.57% IT 1.41% J 0.52% PROPERTIES 1.34% BUILDING 0.46% INTERNATIONAL 1.34% ENTERPRISES 0.46% BUILDING 1.34% TRAINING 0.46% M 1.30% DEVELOPMENTS 0.46% ELECTRICAL 1.25% DEVELOPMENT 0.46% SYSTEMS 1.24% GROUP 0.46% S 1.23%
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 509 199,572 7487 - Other business activities 188 63,348 82990 - Other business support service activities not elsewhere classified 114 27,550 70229 - Management consultancy activities other than financial management 67 14,505 99999 - Dormant Company 67 16,285 9999 - Dormant Company 57 20,144 7414 - Business & management consultancy 51 13,474 74990 - Non-trading company 41 8,243 7499 - Non-trading company 39 12,000 62090 - Other information technology service activities 33 6,330 74909 - Other professional, scientific and technical activities not elsewhere classified 32 7,088 62020 - Information technology consultancy activities 29 9,177 7260 - Other computer related activities 27 8,089 96090 - Other service activities not elsewhere classified 24 8,799 4521 - General construction & civil engineering 23 6,598 7222 - Other software consultancy and supply 20 7,298 9305 - Other service activities 18 8,858 43210 - Electrical installation 17 2,980 86900 - Other human health activities 16 3,700 7032 - Manage real estate, fee or contract 16 2,235
Recent Companies
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Randomly selected companies from this quarter
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