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

  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. 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.

    YearNorwichUK
    20121,694491,893
    20111,634452,870
    20101,306400,358
    20091,196362,675
    20081,249349,203
    Record Year2012 (1,694)2012 (491,893)
    New Companies by Year
  2. 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)NorwichUK
    2012816238,743
    2011798224,135
    % change2.3%6.5%
    Record Year2012 (816)2012 (238,743)
    New Companies by Half Year
  3. 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)NorwichUK
    2012404119,875
    2011388109,623
    % change4.1%9.4%
    Record Year 2012 (404) 2012 (119,875)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2012140131133
    New companies in 2011131146111
    % change6.9%-10.3%19.8%
    Record Year2003 (165)2011 (146)2012 (133)

Closed Companies (dissolved)

  1. 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.

    YearNorwichUK
    2012948293,728
    2011983314,524
    20101,105342,233
    20091,302533,787
    2008647237,873
    Record Year2009 (1,302)2009 (533,787)
    Dissolved Companies by Year
  2. 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)NorwichUK
    2012486145,934
    2011473152,213
    % change2.7%-4.1%
    Record Year2009 (636)2009 (244,543)
    Dissolved Companies by Half Year
  3. 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)NorwichUK
    201224070,026
    201124579,983
    % change-2.0%-12.4%
    Record Year 2009 (307) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012918069
    Closed companies in 2011699779
    % change31.9%-17.5%-13%
    Record Year2009 (103)2010 (109)2009 (108)

Net Company Growth

  1. 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.

    YearNorwichUK
    2012746198,165
    2011651138,346
    201020158,125
    2009-106-171,112
    2008602111,330
    Record Year2003 (1,003)2003 (242,541)
    Net Growth by Year
  2. 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)NorwichUK
    201233092,809
    201132571,922
    Record Year2003 (477)2003 (117,772)
    Net Growth by Half Year
  3. 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)NorwichUK
    201216449,849
    201114329,640
    Record Year 2003 (248) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012495164
    Net growth in 2011624932
    Record Year2003 (117)2003 (80)2002 (75)

UK Company Share

  1. 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.

    YearNorwich
    20120.3%
    20110.4%
    20100.3%
    20090.3%
    20080.4%
    Record Year (since 1960)1966 (0.7%)
    Company Share by Year
  2. 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
    20120.3%
    20110.4%
    20100.3%
    20090.3%
    20080.4%
    Record Year (since 1960) 1973 (0.7%)
    Company Share by Half Year
  3. 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
    20120.3%
    20110.4%
    20100.3%
    20090.3%
    20080.4%
    Record Year (since 1960) 1967 (0.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.3%0.3%0.4%
    UK formation share in 20110.3%0.4%0.4%
    % change-10.2%-14.6%16.6%
    Record Year1960 (1.2%)1976 (0.9%)1966 (1.6%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.56%CONSULTING5.15%
    CONSULTING1.56%MANAGEMENT4.78%
    NORWICH1.52%CONSULTANCY3.31%
    NORFOLK1.44%PROPERTY2.40%
    PROPERTY1.40%TRADING2.03%
    CONSULTANCY1.36%DESIGN1.86%
    EAST1.03%ASSOCIATES1.82%
    MEDIA0.82%ENGINEERING1.79%
    ANGLIA0.70%BUSINESS1.76%
    BUSINESS0.66%CONSULTANTS1.75%
    CARE0.62%CONSTRUCTION1.69%
    (NORWICH)0.62%LONDON1.69%
    DESIGN0.58%MEDIA1.69%
    ELECTRICAL0.58%GLOBAL1.59%
    CONSTRUCTION0.58%J1.57%
    HOUSE0.53%INVESTMENTS1.46%
    ENGINEERING0.53%IT1.43%
    CONSULTANTS0.53%CARE1.39%
    ANGLIA)0.53%PROPERTIES1.34%
    (EAST0.53%M1.26%
    M0.45%BUILDING1.23%
    DEVELOPMENT0.45%ENTERPRISES1.21%
    SYSTEMS0.45%TRAINING1.18%
    MARKETING0.45%ELECTRICAL1.17%
    ENERGY0.45%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied616236,139
    82990 - Other business support service activities not elsewhere classified21352,427
    99999 - Dormant Company14540,648
    70229 - Management consultancy activities other than financial management14130,396
    62020 - Information technology consultancy activities7423,256
    96090 - Other service activities not elsewhere classified6122,058
    74909 - Other professional, scientific and technical activities not elsewhere classified5015,572
    62090 - Other information technology service activities4512,291
    74990 - Non-trading company4413,808
    86900 - Other human health activities367,866
    62012 - Business and domestic software development347,446
    7487 - Other business activities3310,703
    41100 - Development of building projects317,980
    71129 - Other engineering activities303,763
    45200 - Maintenance and repair of motor vehicles304,290
    64999 - Financial intermediation not elsewhere classified304,537
    56101 - Licensed restaurants276,400
    43210 - Electrical installation275,304
    47910 - Retail sale via mail order houses or via Internet276,307
    43999 - Other specialised construction activities not elsewhere classified266,419

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08319284 HEARTSEASE CATERING LTD 05 Dec 2012
    08322780 VIOLOGIC LIMITED 07 Dec 2012
    08327542 WHITFIELD CONSTRUCTION CONSULTANTS LTD 11 Dec 2012
    08331285 NICK READ PHOTOGRAPHY LTD 14 Dec 2012
    08318954 OILTAG LIMITED 05 Dec 2012
    08319951 TAYLOR LAWRENCE THOMPSON ASSOCIATES LTD 05 Dec 2012
    08324475 VIKINGS MILITARY SERVISE LIMITED 10 Dec 2012
    08333176 EHRETSLOCKSMITH LTD 17 Dec 2012
    08341938 RUBBER SOUL CLOTHING LIMITED 27 Dec 2012
    08343573 ANGLIA DEVELOPMENTS LIMITED 31 Dec 2012
    08332529 NORFOLK NETWORK LIMITED 17 Dec 2012
    08330006 DR CONSULTANT ENGINEERS LIMITED 13 Dec 2012
    08340163 JOMO APPLICATIONS LTD 21 Dec 2012
    08342815 GMW CLEANING LIMITED 31 Dec 2012
    08316987 EASTERN PROPERTY LIMITED 04 Dec 2012
    08316340 NORSE ENERGY (HAFOD) LIMITED 03 Dec 2012
    08317750 BEAR PROJECT SOLUTIONS LIMITED 04 Dec 2012
    08319210 REAPSHOP LTD 05 Dec 2012
    08324902 BOWEN DANN KNOX ARCHITECTS LIMITED 10 Dec 2012
    08335195 DW PAINT INSPECTION LTD 18 Dec 2012
    08335771 GM LAWS HOLDINGS LIMITED 18 Dec 2012
    08315444 LITTLEFISH CREATIONS LIMITED 03 Dec 2012
    08331048 RAHUL THAKUR LIMITED 14 Dec 2012
    08333389 YUKOO LIMITED 17 Dec 2012
    08336938 SWATHIGUPTA LTD 19 Dec 2012