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Norwich, Norfolk

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Norwich when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Norwich when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in Norwich when compared to any previous February.
  • January 2012 saw a new record in company registrations in Norwich when compared to any previous January.
  • January 2012 saw a new record in net growth 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 2012)

    Q1 2012 saw a new record in company registrations in Norwich when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Norwich when compared to any quarter in history.

    A total of 488 companies were registered in Norwich during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 24.2% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)NorwichUK
    2012488131,491
    2011393116,391
    % change24.2%13.0%
    Record Year 2012 (488) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Norwich when compared to any previous February.

    January 2012 saw a new record in company registrations in Norwich when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012136156196
    New companies in 2011105117171
    % change29.5%33.3%14.6%
    Record Year2012 (136)2012 (156)2007 (205)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 201 companies were dissolved in Norwich during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 29.0% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)NorwichUK
    201220167,576
    201128390,987
    % change-29.0%-25.7%
    Record Year 2011 (283) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012657462
    Closed companies in 20111087699
    % change-39.8%-2.6%-37%
    Record Year2011 (108)2008 (108)2009 (142)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Norwich during the first quarter of 2012 (Jan 2012 - Mar 2012) was 287 companies.

    first quarter (Jan 2012 - Mar 2012)NorwichUK
    201228763,915
    201111025,404
    Record Year 2007 (289) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    January 2012 saw a new record in net growth in Norwich when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20127182134
    Net growth in 2011-34172
    Record Year2012 (71)2003 (101)2007 (167)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Norwich formed 0.4% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Norwich
    20120.4%
    20110.3%
    20100.4%
    20090.3%
    20080.3%
    Record Year (since 1960) 1962 (0.8%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.3%0.4%0.4%
    UK formation share in 20110.3%0.3%0.4%
    % change11.1%14.0%7.2%
    Record Year1962 (1.5%)1972 (0.9%)1965 (1.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 44.6.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

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

    26.8% of all director appointments in Norwich in the first quarter of 2012 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 (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.48%CONSULTING5.07%
    MANAGEMENT1.48%MANAGEMENT4.74%
    NORWICH1.48%CONSULTANCY3.30%
    NORFOLK1.32%PROPERTY2.37%
    PROPERTY1.28%TRADING2.07%
    CONSULTANCY1.00%DESIGN1.93%
    ENGINEERING0.72%ENGINEERING1.86%
    CONSTRUCTION0.68%ASSOCIATES1.84%
    CARE0.68%CONSULTANTS1.79%
    J0.64%BUSINESS1.73%
    (NORWICH)0.64%MEDIA1.72%
    MARKETING0.64%CONSTRUCTION1.72%
    BUSINESS0.60%LONDON1.66%
    SYSTEMS0.60%J1.54%
    ENERGY0.60%INVESTMENTS1.51%
    MEDIA0.60%GLOBAL1.50%
    ANGLIA0.56%IT1.40%
    FARM0.52%CARE1.34%
    SOLAR0.52%PROPERTIES1.31%
    SOCIAL0.52%ELECTRICAL1.27%
    (NORFOLK)0.52%M1.27%
    EAST0.52%BUILDING1.24%
    TRADING0.52%ENERGY1.20%
    R0.48%S1.20%
    GREEN0.48%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied530216,665
    7487 - Other business activities16252,735
    82990 - Other business support service activities not elsewhere classified13735,233
    99999 - Dormant Company8925,084
    70229 - Management consultancy activities other than financial management8919,704
    62020 - Information technology consultancy activities5214,303
    9999 - Dormant Company4718,617
    7414 - Business & management consultancy4012,113
    74909 - Other professional, scientific and technical activities not elsewhere classified369,892
    96090 - Other service activities not elsewhere classified3213,637
    62090 - Other information technology service activities308,145
    7499 - Non-trading company279,102
    7260 - Other computer related activities277,154
    86900 - Other human health activities265,066
    74990 - Non-trading company249,729
    4521 - General construction & civil engineering235,169
    71129 - Other engineering activities212,217
    62012 - Business and domestic software development194,356
    9305 - Other service activities188,818
    45200 - Maintenance and repair of motor vehicles182,832

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07944502 STRYKE STUDIOS LIMITED 10 Feb 2012
    07951196 NORFOLK RESIDENTIAL MANAGEMENT LIMITED 15 Feb 2012
    07959413 DEBT INVESTOR LIMITED 21 Feb 2012
    07960538 CARL DODD HEALTH MANAGEMENT LTD 22 Feb 2012
    07961382 MOJO ENGINEERING SOLUTIONS LTD 23 Feb 2012
    07963228 APTIS PROJECT MANAGEMENT LIMITED 24 Feb 2012
    07967161 GENTLE HONG ACCOUNTANCY SERVICE LTD 28 Feb 2012
    07968724 GLOBE PLASTICS LTD 28 Feb 2012
    07941600 SPINDLE PRODUCTIONS LTD 08 Feb 2012
    07954472 THE CHALK CIRCLE THEATRE COMPANY LIMITED 17 Feb 2012
    07970494 CLASSIC CAR IMPORTS (NORFOLK) LIMITED 29 Feb 2012
    07943006 H,H&H ASSOCIATES LIMITED 09 Feb 2012
    07964751 ABBOT FOX LTD 24 Feb 2012
    07966408 NORFOLK DEAF ASSOCIATION (NDA) 27 Feb 2012
    07930912 EC1V LTD 01 Feb 2012
    07932910 JACK'S CLEAN TEAM LTD 02 Feb 2012
    07945236 UNIGLAZE LTD 10 Feb 2012
    07955430 SECURESPONSE LTD 20 Feb 2012
    07955554 BOWTHORPE COMMUNITY TRUST 20 Feb 2012
    07958065 UK 2 OZ RECRUITMENT LTD 21 Feb 2012
    07953211 EMMACULATE CLEANING LTD 16 Feb 2012
    07956999 PC COFFEE CONSULTANCY LIMITED 20 Feb 2012
    07958240 PAKM LTD 21 Feb 2012
    07961785 FREJA LTD 23 Feb 2012
    07946758 HOLLYMAN AUTOMOTIVE LIMITED 13 Feb 2012