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Norwich, Norfolk

Q1 2011 Business Confidence Report

Headlines

  • Q1 2011 saw a new record in company closures in Norwich when compared to any previous Q1.
  • January 2011 saw a new record in company closures in Norwich when compared to any previous January.

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 (Q1 Jan-Mar 2011)

    A total of 393 companies were registered in Norwich during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 3.7% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)NorwichUK
    2011393116,391
    2010379105,137
    % change3.7%10.7%
    Record Year 2007 (439) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011105117171
    New companies in 201099126154
    % change6.1%-7.1%11.0%
    Record Year2008 (109)2003 (136)2007 (205)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Q1 2011 saw a new record in company closures in Norwich when compared to any previous Q1.

    A total of 283 companies were dissolved in Norwich during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 1.1% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)NorwichUK
    201128390,986
    201028082,677
    % change1.1%10.0%
    Record Year 2011 (283) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Norwich when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20111087699
    Closed companies in 2010919297
    % change18.7%-17.4%2%
    Record Year2011 (108)2008 (108)2009 (142)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Norwich during the first quarter of 2011 (Jan 2011 - Mar 2011) was 110 companies.

    first quarter (Jan 2011 - Mar 2011)NorwichUK
    201111025,405
    20109922,460
    Record Year 2007 (289) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-34172
    Net growth in 201083457
    Record Year2008 (64)2003 (101)2007 (167)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Norwich formed 0.3% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Norwich
    20110.3%
    20100.4%
    20090.3%
    20080.3%
    20070.3%
    Record Year (since 1960) 1962 (0.8%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.3%0.3%0.4%
    UK formation share in 20100.3%0.4%0.4%
    % change-8.5%-18.3%5.9%
    Record Year1962 (1.5%)1972 (0.9%)1965 (1.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 43.5.

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Norwich was in 1861 when 40.0% of all directors were female.

    26.3% of all director appointments in Norwich in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    CONSULTING1.54%CONSULTING5.04%
    NORWICH1.49%MANAGEMENT4.97%
    CONSULTANCY1.33%CONSULTANCY3.16%
    MANAGEMENT1.23%PROPERTY2.38%
    NORFOLK0.97%TRADING2.10%
    PROPERTY0.92%DESIGN1.93%
    (NORWICH)0.87%ASSOCIATES1.92%
    BUSINESS0.87%BUSINESS1.87%
    EAST0.82%CONSTRUCTION1.80%
    CONSTRUCTION0.77%CONSULTANTS1.76%
    ANGLIA0.72%MEDIA1.69%
    (NORFOLK)0.72%ENGINEERING1.61%
    CARE0.67%LONDON1.60%
    MARKETING0.62%CARE1.45%
    D0.62%J1.45%
    MEDIA0.62%GLOBAL1.44%
    DEVELOPMENT0.56%INVESTMENTS1.43%
    ASSOCIATES0.56%IT1.41%
    ENGINEERING0.56%PROPERTIES1.36%
    M0.51%BUILDING1.34%
    HEALTH0.51%M1.30%
    DESIGN0.51%ELECTRICAL1.28%
    DEVELOPMENTS0.51%S1.24%
    ELECTRICAL0.51%INTERNATIONAL1.23%
    IT0.46%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied513202,798
    7487 - Other business activities19060,968
    82990 - Other business support service activities not elsewhere classified12830,253
    99999 - Dormant Company8218,336
    70229 - Management consultancy activities other than financial management7416,150
    9999 - Dormant Company5219,765
    7414 - Business & management consultancy4512,916
    74990 - Non-trading company388,695
    62090 - Other information technology service activities366,996
    74909 - Other professional, scientific and technical activities not elsewhere classified337,788
    7499 - Non-trading company3211,316
    62020 - Information technology consultancy activities2910,246
    4521 - General construction & civil engineering266,183
    96090 - Other service activities not elsewhere classified2510,085
    7260 - Other computer related activities247,789
    7222 - Other software consultancy and supply207,000
    86900 - Other human health activities194,092
    70100 - Activities of head offices172,849
    5540 - Bars172,075
    9305 - Other service activities168,740

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07586371 FRIARS 666 LIMITED 31 Mar 2011
    07585320 SAMS FABRICATIONS LTD 31 Mar 2011
    07582543 THE GREAT YARMOUTH DEVELOPMENT COMPANY LIMITED 29 Mar 2011
    07581924 SRP SCAFFOLDING LIMITED 29 Mar 2011
    07580110 FORWARD VISION STRATEGIES LTD 28 Mar 2011
    07577542 MOADDABI MONALDI COMPANY LIMITED 24 Mar 2011
    07572454 WONDERFOOD LTD 21 Mar 2011
    07556303 LEO NICKOLLS DESIGN LTD 08 Mar 2011
    07576564 ADRIEL'S CAFE LTD 24 Mar 2011
    07573525 CATHEDRAL CLAIMS LIMITED 22 Mar 2011
    07565724 LEELA THAI LIMITED 16 Mar 2011
    07559966 STAX & ASSOCIATES LTD 10 Mar 2011
    07558319 INN PLAICE LIMITED 09 Mar 2011
    07555501 SMAR-TEE SHIRT LTD 08 Mar 2011
    07548861 NORWICH MOTORS LIMITED 02 Mar 2011
    07565737 INVENTORY OPTIMISATION LIMITED 16 Mar 2011
    07548870 STEVE MARTINDALE CONSULTING LIMITED 02 Mar 2011
    07573226 AL ACCOUNTANCY LIMITED 22 Mar 2011
    07560883 J.O.T CARE SERVICES LIMITED 11 Mar 2011
    07575840 KNIT 'N' KNATTER LTD 23 Mar 2011
    07565868 DIRECT WINDOW TINTING UK LTD 16 Mar 2011
    07564983 WROXHAM HEATING LTD 15 Mar 2011
    07553812 DEVON NORSE LIMITED 07 Mar 2011
    07552375 AKHALI LTD 04 Mar 2011
    07551507 GOTTS LEISURE LIMITED 04 Mar 2011