Norwich, Norfolk
Q3 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
- Q3 2013 saw a new record in company registrations in Norwich when compared to any previous Q3.
- September 2013 saw a new record in company registrations in Norwich when compared to any previous September.
- August 2013 saw a new record in company registrations in Norwich when compared to any previous August.
- August 2013 saw a new record in net growth in Norwich when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2013)
Q3 2013 saw a new record in company registrations in Norwich when compared to any previous Q3.
A total of 468 companies were registered in Norwich during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 13.6% versus the same period last year (Q3 2012). This figure compares equally to the UK as a whole, which saw an increase of 11.6% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Norwich UK 2013 468 132,684 2012 412 118,868 % change 13.6% 11.6% Record Year 2013 (468) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
September 2013 saw a new record in company registrations in Norwich when compared to any previous September.
August 2013 saw a new record in company registrations in Norwich when compared to any previous August.
New Companies by Month
July August September New companies in 2013 158 149 161 New companies in 2012 146 133 133 % change 8.2% 12.0% 21.1% Record Year 2011 (165) 2013 (149) 2013 (161)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 263 companies were dissolved in Norwich during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 6.9% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Norwich UK 2013 263 86,170 2012 246 75,908 % change 6.9% 13.5% Record Year 2009 (329) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Dissolved Companies by Month
July August September Closed companies in 2013 83 78 102 Closed companies in 2012 90 86 70 % change -7.8% -9.3% 46% Record Year 2012 (90) 2008 (154) 2009 (161)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2013)
Net company growth for Norwich during the third quarter of 2013 (Jul 2013 - Sep 2013) was 205 companies.
third quarter (Jul 2013 - Sep 2013) Norwich UK 2013 205 46,514 2012 166 42,960 Record Year 2013 (205) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
August 2013 saw a new record in net growth in Norwich when compared to any previous August.
Net Growth by Month
July August September Net growth in 2013 75 71 59 Net growth in 2012 56 47 63 Record Year 2011 (97) 2013 (71) 2003 (97)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2013)
In the third quarter of 2013, Norwich formed 0.4% of all UK companies.
third quarter (Jul 2013 - Sep 2013) Norwich 2013 0.4% 2012 0.3% 2011 0.4% 2010 0.3% 2009 0.3% Record Year (since 1960) 1991 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.3% 0.4% 0.4% UK formation share in 2012 0.4% 0.3% 0.3% % change -3.1% 2.8% 6.2% Record Year 1964 (0.9%) 1978 (0.7%) 1969 (0.7%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2013)
The average age of a director in the third quarter of 2013 was 43.6.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2013)
The record third quarter for female directors in Norwich was in 2007 when 35.2% of all directors were female.
28.3% of all director appointments in Norwich in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.86% CONSULTING 5.27% MANAGEMENT 1.79% MANAGEMENT 4.75% NORWICH 1.43% CONSULTANCY 3.45% NORFOLK 1.35% PROPERTY 2.53% CONSULTANCY 1.23% TRADING 2.08% PROPERTY 1.19% ENGINEERING 1.83% DESIGN 0.79% LONDON 1.79% ENGINEERING 0.75% DESIGN 1.78% J 0.71% BUSINESS 1.74% EAST 0.71% CONSTRUCTION 1.70% CARE 0.60% CONSULTANTS 1.69% ELECTRICAL 0.56% CARE 1.64% IT 0.56% ASSOCIATES 1.61% PROPERTIES 0.56% GLOBAL 1.59% CONSULTANTS 0.56% J 1.54% DEVELOPMENTS 0.56% MEDIA 1.54% ENERGY 0.52% INVESTMENTS 1.53% GLOBAL 0.52% PROPERTIES 1.45% ANGLIA 0.48% IT 1.39% HEATING 0.48% M 1.25% R 0.48% ELECTRICAL 1.20% P 0.48% BUILDING 1.19% (NORWICH) 0.48% CAPITAL 1.19% BUILDING 0.44% DEVELOPMENTS 1.16% BUSINESS 0.44% TRAINING 1.15%
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 714 260,135 82990 - Other business support service activities not elsewhere classified 204 54,854 99999 - Dormant Company 149 46,169 70229 - Management consultancy activities other than financial management 136 34,970 62020 - Information technology consultancy activities 91 26,675 96090 - Other service activities not elsewhere classified 69 25,547 74909 - Other professional, scientific and technical activities not elsewhere classified 61 17,715 74990 - Non-trading company 53 14,228 62090 - Other information technology service activities 43 12,516 41100 - Development of building projects 38 9,271 86900 - Other human health activities 38 9,203 71129 - Other engineering activities 38 4,894 43210 - Electrical installation 36 5,724 62012 - Business and domestic software development 33 9,104 45200 - Maintenance and repair of motor vehicles 33 4,955 43999 - Other specialised construction activities not elsewhere classified 33 7,590 43390 - Other building completion and finishing 31 5,382 68209 - Other letting and operating of own or leased real estate 30 8,312 56302 - Public houses and bars 30 5,437 56103 - Take-away food shops and mobile food stands 29 6,651
Recent Companies
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Randomly selected companies from this quarter
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