Norwich, Norfolk
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Norwich when compared to any year in history.
- The second half of 2011 saw a new record in company registrations in Norwich when compared to any previous second half year.
- December 2011 saw a new record in company registrations in Norwich when compared to any previous December.
- November 2011 saw a new record in company registrations in Norwich when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2011)
2011 was a record year for company registrations in Norwich when compared to any year in history.
A total of 1,634 companies were formed in Norwich in 2011. This total is 25.1% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Norwich UK 2011 1,634 452,870 2010 1,306 400,358 2009 1,196 362,675 2008 1,249 349,203 2007 1,376 457,649 Record Year 2011 (1,634) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in Norwich when compared to any previous second half year.
In the second half of 2011 a total of 798 companies were formed in Norwich. This figure is 24.7% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in Norwich occurred in 2011 when a total of 798 were formed.
Half Year (Jul-Dec) Norwich UK 2011 798 224,135 2010 640 196,609 % change 24.7% 14.0% Record Year 2011 (798) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 388 companies were registered in Norwich during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 17.9% versus the same period last year (Q4 2010). This figure compares equally to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Norwich UK 2011 388 109,623 2010 329 95,117 % change 17.9% 15.3% Record Year 2003 (391) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company registrations in Norwich when compared to any previous December.
November 2011 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 2011 131 146 111 New companies in 2010 113 136 80 % change 15.9% 7.4% 38.8% Record Year 2003 (165) 2011 (146) 2011 (111)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 982 companies were dissolved in Norwich in 2011. This total is 11.1% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Norwich UK 2011 982 314,523 2010 1,105 342,232 2009 1,302 533,773 2008 647 237,901 2007 621 220,295 Record Year 2009 (1,302) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 472 companies were dissolved in Norwich. This figure is 6.3% lower than last year, which compares badly to the UK wide change of -7.5%.
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 2011 472 152,213 2010 504 164,601 % change -6.3% -7.5% Record Year 2009 (636) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 244 companies were dissolved in Norwich during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 9.4% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Norwich UK 2011 244 79,983 2010 223 76,896 % change 9.4% 4.0% Record Year 2009 (307) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 68 97 79 Closed companies in 2010 70 109 44 % change -2.9% -11.0% 80% Record Year 2009 (103) 2010 (109) 2009 (108)
Net Company Growth
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Annual Data (2011)
A total of 652 companies were added to the company register for Norwich in 2011. This number represents growth of 49.9% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 451 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 2011 652 138,347 2010 201 58,126 2009 -106 -171,098 2008 602 111,302 2007 755 237,354 Record Year 2003 (1,003) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Norwich increased by 326 companies.
Half Year (Jul-Dec) Norwich UK 2011 326 71,922 2010 136 32,008 Record Year 2003 (477) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Norwich during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 144 companies.
fourth quarter (Oct 2011 - Dec 2011) Norwich UK 2011 144 29,640 2010 106 18,221 Record Year 2003 (248) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 63 49 32 Net growth in 2010 43 27 36 Record Year 2003 (117) 2003 (80) 2002 (75)
UK Company Share
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Annual Data (2011)
In 2011 Norwich formed 0.4% of all UK companies. This is an improvement on 2010 when Norwich was responsible for 0.3% of all UK companies.
Year Norwich 2011 0.4% 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.3% Record Year (since 1960) 1966 (0.7%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Norwich formed 0.4% of all UK companies. This is more than the 2010 figure of 0.3%.
Half Year (Jul-Dec) Norwich 2011 0.4% 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.3% Record Year (since 1960) 1966 (0.7%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Norwich formed 0.4% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Norwich 2011 0.4% 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.4% Record Year (since 1960) 1967 (0.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.3% 0.4% 0.4% UK formation share in 2010 0.3% 0.4% 0.3% % change 0.7% -8.6% 23.1% Record Year 1960 (1.2%) 1976 (0.9%) 1966 (1.6%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 44.0.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 44.1.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 43.9.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 33.6%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Norwich was 1860 when 42.9% of all directors were female.
26.2% of all director appointments in Norwich in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Norwich was in 1977 when 31.1% of all directors were female.
25.6% of all director appointments in Norwich in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.58% CONSULTING 5.07% MANAGEMENT 1.49% MANAGEMENT 4.74% NORWICH 1.37% CONSULTANCY 3.26% NORFOLK 1.32% PROPERTY 2.37% PROPERTY 1.20% TRADING 2.07% CONSULTANCY 1.02% DESIGN 1.92% ENGINEERING 0.81% ASSOCIATES 1.86% CARE 0.77% ENGINEERING 1.78% (NORFOLK) 0.68% BUSINESS 1.78% TRADING 0.68% CONSULTANTS 1.76% CONSTRUCTION 0.68% CONSTRUCTION 1.73% ASSOCIATES 0.68% MEDIA 1.71% ANGLIA 0.68% LONDON 1.63% MARKETING 0.64% J 1.51% BUSINESS 0.60% INVESTMENTS 1.48% J 0.55% GLOBAL 1.46% SYSTEMS 0.55% IT 1.41% R 0.55% CARE 1.39% ENERGY 0.55% PROPERTIES 1.29% CENTRE 0.51% ELECTRICAL 1.29% (NORWICH) 0.51% M 1.27% SOLAR 0.51% BUILDING 1.26% EAST 0.51% ENERGY 1.25% M 0.51% S 1.20% (EAST 0.47% ENTERPRISES 1.20%
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 494 205,525 7487 - Other business activities 173 57,052 82990 - Other business support service activities not elsewhere classified 123 32,483 99999 - Dormant Company 87 21,846 70229 - Management consultancy activities other than financial management 82 17,765 9999 - Dormant Company 49 20,199 7414 - Business & management consultancy 46 13,034 62020 - Information technology consultancy activities 41 12,072 74909 - Other professional, scientific and technical activities not elsewhere classified 33 8,671 7260 - Other computer related activities 30 7,667 7499 - Non-trading company 30 9,957 62090 - Other information technology service activities 29 7,493 96090 - Other service activities not elsewhere classified 25 11,768 86900 - Other human health activities 24 4,457 74990 - Non-trading company 24 8,929 4521 - General construction & civil engineering 23 5,558 9305 - Other service activities 21 9,492 62012 - Business and domestic software development 17 3,714 5540 - Bars 17 2,147 5530 - Restaurants 16 5,013
Recent Companies
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Randomly selected companies from this quarter
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