Norwich, Norfolk
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in Norwich when compared to any year in history.
- The second half of 2012 saw a new record in company registrations in Norwich when compared to any previous second half year.
- Q4 2012 saw a new record in company registrations in Norwich when compared to any previous Q4.
- December 2012 saw a new record in company registrations in Norwich when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in Norwich when compared to any year in history.
A total of 1,694 companies were formed in Norwich in 2012. This total is 3.7% higher than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Norwich UK 2012 1,694 491,893 2011 1,634 452,870 2010 1,306 400,358 2009 1,196 362,675 2008 1,249 349,203 Record Year 2012 (1,694) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in Norwich when compared to any previous second half year.
In the second half of 2012 a total of 816 companies were formed in Norwich. This figure is 2.3% higher than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in Norwich occurred in 2012 when a total of 816 were formed.
Half Year (Jul-Dec) Norwich UK 2012 816 238,743 2011 798 224,135 % change 2.3% 6.5% Record Year 2012 (816) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company registrations in Norwich when compared to any previous Q4.
A total of 404 companies were registered in Norwich during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 4.1% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Norwich UK 2012 404 119,875 2011 388 109,623 % change 4.1% 9.4% Record Year 2012 (404) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in company registrations in Norwich when compared to any previous December.
New Companies by Month
October November December New companies in 2012 140 131 133 New companies in 2011 131 146 111 % change 6.9% -10.3% 19.8% Record Year 2003 (165) 2011 (146) 2012 (133)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 948 companies were dissolved in Norwich in 2012. This total is 3.6% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Norwich UK 2012 948 293,728 2011 983 314,524 2010 1,105 342,233 2009 1,302 533,787 2008 647 237,873 Record Year 2009 (1,302) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 486 companies were dissolved in Norwich. This figure is 2.7% higher than last year, which compares badly to the UK wide change of -4.1%.
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 2012 486 145,934 2011 473 152,213 % change 2.7% -4.1% Record Year 2009 (636) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 240 companies were dissolved in Norwich during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 2.0% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Norwich UK 2012 240 70,026 2011 245 79,983 % change -2.0% -12.4% Record Year 2009 (307) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Dissolved Companies by Month
October November December Closed companies in 2012 91 80 69 Closed companies in 2011 69 97 79 % change 31.9% -17.5% -13% Record Year 2009 (103) 2010 (109) 2009 (108)
Net Company Growth
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Annual Data (2012)
A total of 746 companies were added to the company register for Norwich in 2012. This number represents growth of 45.7% in the total number of active companies, which compares favourably to the UK figure of 43.8%.
This number is 95 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 2012 746 198,165 2011 651 138,346 2010 201 58,125 2009 -106 -171,112 2008 602 111,330 Record Year 2003 (1,003) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Norwich increased by 330 companies.
Half Year (Jul-Dec) Norwich UK 2012 330 92,809 2011 325 71,922 Record Year 2003 (477) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Norwich during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 164 companies.
fourth quarter (Oct 2012 - Dec 2012) Norwich UK 2012 164 49,849 2011 143 29,640 Record Year 2003 (248) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 49 51 64 Net growth in 2011 62 49 32 Record Year 2003 (117) 2003 (80) 2002 (75)
UK Company Share
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Annual Data (2012)
In 2012 Norwich formed 0.3% of all UK companies. This is a decline on 2011 when Norwich was responsible for 0.4% of all UK companies.
Year Norwich 2012 0.3% 2011 0.4% 2010 0.3% 2009 0.3% 2008 0.4% Record Year (since 1960) 1966 (0.7%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Norwich formed 0.3% of all UK companies. This is less than the 2011 figure of 0.4%.
Half Year (Jul-Dec) Norwich 2012 0.3% 2011 0.4% 2010 0.3% 2009 0.3% 2008 0.4% Record Year (since 1960) 1973 (0.7%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Norwich formed 0.3% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Norwich 2012 0.3% 2011 0.4% 2010 0.3% 2009 0.3% 2008 0.4% Record Year (since 1960) 1967 (0.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.3% 0.3% 0.4% UK formation share in 2011 0.3% 0.4% 0.4% % change -10.2% -14.6% 16.6% Record Year 1960 (1.2%) 1976 (0.9%) 1966 (1.6%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 44.7.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 44.0.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 44.1.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Norwich was 1860 when 35.7% of all directors were female.
The percentage of female directors in Norwich in 2012 was 33.9%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Norwich was 1860 when 42.9% of all directors were female.
29.5% of all director appointments in Norwich in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Norwich was in 1977 when 31.2% of all directors were female.
29.6% of all director appointments in Norwich in the fourth quarter of 2012 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 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.56% CONSULTING 5.15% CONSULTING 1.56% MANAGEMENT 4.78% NORWICH 1.52% CONSULTANCY 3.31% NORFOLK 1.44% PROPERTY 2.40% PROPERTY 1.40% TRADING 2.03% CONSULTANCY 1.36% DESIGN 1.86% EAST 1.03% ASSOCIATES 1.82% MEDIA 0.82% ENGINEERING 1.79% ANGLIA 0.70% BUSINESS 1.76% BUSINESS 0.66% CONSULTANTS 1.75% CARE 0.62% CONSTRUCTION 1.69% (NORWICH) 0.62% LONDON 1.69% DESIGN 0.58% MEDIA 1.69% ELECTRICAL 0.58% GLOBAL 1.59% CONSTRUCTION 0.58% J 1.57% HOUSE 0.53% INVESTMENTS 1.46% ENGINEERING 0.53% IT 1.43% CONSULTANTS 0.53% CARE 1.39% ANGLIA) 0.53% PROPERTIES 1.34% (EAST 0.53% M 1.26% M 0.45% BUILDING 1.23% DEVELOPMENT 0.45% ENTERPRISES 1.21% SYSTEMS 0.45% TRAINING 1.18% MARKETING 0.45% ELECTRICAL 1.17% ENERGY 0.45% SECURITY 1.17%
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 616 236,139 82990 - Other business support service activities not elsewhere classified 213 52,427 99999 - Dormant Company 145 40,648 70229 - Management consultancy activities other than financial management 141 30,396 62020 - Information technology consultancy activities 74 23,256 96090 - Other service activities not elsewhere classified 61 22,058 74909 - Other professional, scientific and technical activities not elsewhere classified 50 15,572 62090 - Other information technology service activities 45 12,291 74990 - Non-trading company 44 13,808 86900 - Other human health activities 36 7,866 62012 - Business and domestic software development 34 7,446 7487 - Other business activities 33 10,703 41100 - Development of building projects 31 7,980 71129 - Other engineering activities 30 3,763 45200 - Maintenance and repair of motor vehicles 30 4,290 64999 - Financial intermediation not elsewhere classified 30 4,537 56101 - Licensed restaurants 27 6,400 43210 - Electrical installation 27 5,304 47910 - Retail sale via mail order houses or via Internet 27 6,307 43999 - Other specialised construction activities not elsewhere classified 26 6,419
Recent Companies
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Randomly selected companies from this quarter
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