Norwich, Norfolk

Q1 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • February 2013 saw a new record in company closures in Norwich when compared to any previous February.

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 2013)

    A total of 447 companies were registered in Norwich during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is a decrease of 8.4% versus the same period last year (Q1 2012). This figure compares badly to the UK as a whole, which saw an increase of 2.5% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)NorwichUK
    2013447134,802
    2012488131,491
    % change-8.4%2.5%
    Record Year 2012 (488) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2013136130181
    New companies in 2012136156196
    % change0.0%-16.7%-7.7%
    Record Year2012 (136)2012 (156)2007 (205)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2013)

    A total of 298 companies were dissolved in Norwich during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is an increase of 48.3% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)NorwichUK
    201329877,914
    201220167,576
    % change48.3%15.3%
    Record Year 2013 (298) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    February 2013 saw a new record in company closures in Norwich when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201310510885
    Closed companies in 2012657462
    % change61.5%45.9%37%
    Record Year2011 (108)2013 (108)2009 (142)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2013)

    Net company growth for Norwich during the first quarter of 2013 (Jan 2013 - Mar 2013) was 149 companies.

    first quarter (Jan 2013 - Mar 2013)NorwichUK
    201314956,888
    201228763,915
    Record Year 2007 (289) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2013312296
    Net growth in 20127182134
    Record Year2012 (71)2003 (101)2007 (167)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2013)

    In the first quarter of 2013, Norwich formed 0.3% of all UK companies.

    first quarter (Jan 2013 - Mar 2013)Norwich
    20130.3%
    20120.4%
    20110.3%
    20100.4%
    20090.3%
    Record Year (since 1960) 1991 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.3%0.3%0.4%
    UK formation share in 20120.3%0.4%0.4%
    % change-10.4%-17.3%-4.5%
    Record Year1983 (0.6%)1983 (0.6%)1973 (0.8%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The average age of a director in the first quarter of 2013 was 48.3.

    The percentage of directors under the age of 25 was 8.3% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 1.8%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The record first quarter for female directors in Norwich was in 2006 when 31.7% of all directors were female.

    27.7% of all director appointments in Norwich in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.70%CONSULTING5.18%
    NORFOLK1.57%MANAGEMENT4.78%
    CONSULTING1.57%CONSULTANCY3.30%
    PROPERTY1.53%PROPERTY2.44%
    NORWICH1.19%TRADING2.06%
    CONSULTANCY1.06%DESIGN1.79%
    EAST1.02%ENGINEERING1.78%
    MEDIA0.93%BUSINESS1.77%
    CARE0.72%ASSOCIATES1.75%
    ELECTRICAL0.68%LONDON1.72%
    ANGLIA0.68%CONSULTANTS1.71%
    CONSULTANTS0.68%CONSTRUCTION1.69%
    IT0.59%MEDIA1.63%
    ENGINEERING0.59%GLOBAL1.57%
    BUSINESS0.59%J1.56%
    DESIGN0.59%CARE1.46%
    (NORWICH)0.59%IT1.43%
    (EAST0.55%INVESTMENTS1.41%
    ANGLIA)0.55%PROPERTIES1.36%
    ENERGY0.55%M1.25%
    HOUSE0.51%BUILDING1.21%
    DEVELOPMENTS0.47%ENTERPRISES1.19%
    SCHOOL0.47%ELECTRICAL1.18%
    M0.47%TRAINING1.17%
    JOHN0.42%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied668249,183
    82990 - Other business support service activities not elsewhere classified21754,531
    99999 - Dormant Company15443,384
    70229 - Management consultancy activities other than financial management14232,624
    62020 - Information technology consultancy activities8524,894
    96090 - Other service activities not elsewhere classified6523,532
    74909 - Other professional, scientific and technical activities not elsewhere classified5216,448
    62090 - Other information technology service activities4712,664
    74990 - Non-trading company4214,129
    62012 - Business and domestic software development408,099
    71129 - Other engineering activities364,226
    86900 - Other human health activities358,465
    41100 - Development of building projects328,637
    45200 - Maintenance and repair of motor vehicles314,684
    43210 - Electrical installation295,625
    43999 - Other specialised construction activities not elsewhere classified296,954
    47910 - Retail sale via mail order houses or via Internet297,199
    43390 - Other building completion and finishing285,145
    64999 - Financial intermediation not elsewhere classified274,819
    56101 - Licensed restaurants256,894

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08426584 TUDOR CONSTRUCTIONS 2013 LTD 01 Mar 2013
    08433010 PRIME CARE RECRUITMENT LTD 06 Mar 2013
    08437854 E2 EXPORT AND IMPORT LIMITED 11 Mar 2013
    08441916 SMART STUDENT LIVING LIMITED 12 Mar 2013
    08446265 NR1 ACCOUNTANCY LTD 15 Mar 2013
    08449534 TSRN UK LTD 18 Mar 2013
    08453446 THE SCHOOL IMPROVEMENT SERVICE LTD 20 Mar 2013
    08455958 OLIVINE LTD 21 Mar 2013
    08459576 COMFYCRETE LIMITED 25 Mar 2013
    OC383053 SEEDSUPREME LLP 04 Mar 2013
    08429769 MCCONNELL COMM LTD 05 Mar 2013
    08426696 FARMERS EQUIPMENT LIMITED 01 Mar 2013
    08432685 BESPOKE IN ENGLISH LANGUAGE LIMITED 06 Mar 2013
    08438463 CMHC LIMITED 11 Mar 2013
    08444733 FRESH START PROPERTY LETTINGS AND DEVELOPMENTS LIMITED 14 Mar 2013
    08458152 LITTLETINKERS PONY SANCTUARY LTD 22 Mar 2013
    08430952 MODERNIST CONSULTING LIMITED 05 Mar 2013
    08438563 GATESHED LIMITED 11 Mar 2013
    08426662 TRIUMPH SOLAR ENERGY LIMITED 01 Mar 2013
    08431702 BML TECHNOLOGIES LTD 06 Mar 2013
    08441297 HMT (NORWICH) LIMITED 12 Mar 2013
    08458029 RICHARD HILL PROPERTY SERVICES LTD 22 Mar 2013
    08467123 EF LEAFLET DISTRIBUTION LIMITED 28 Mar 2013
    08446354 JONATHAN PERKINS LIMITED 15 Mar 2013
    08446889 VENTA HOMES LIMITED 15 Mar 2013