Norwich, Norfolk

2013 Annual 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

  • 2013 was a record year for company registrations in Norwich when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Norwich when compared to any previous second half year.
  • Q4 2013 saw a new record in company registrations in Norwich when compared to any previous Q4.
  • December 2013 saw a new record in company registrations in Norwich when compared to any previous December.
  • October 2013 saw a new record in company closures in Norwich when compared to any previous October.

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 (2013)

    2013 was a record year for company registrations in Norwich when compared to any year in history.

    A total of 1,797 companies were formed in Norwich in 2013. This total is 6.1% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearNorwichUK
    20131,797529,363
    20121,694491,893
    20111,634452,870
    20101,306400,358
    20091,196362,675
    Record Year2013 (1,797)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Norwich when compared to any previous second half year.

    In the second half of 2013 a total of 892 companies were formed in Norwich. This figure is 9.3% higher than last year, which compares well to the UK wide figure of 8.9%.

    The highest total for a second half year in Norwich occurred in 2013 when a total of 892 were formed.

    Half Year (Jul-Dec)NorwichUK
    2013892259,931
    2012816238,743
    % change9.3%8.9%
    Record Year2013 (892)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in Norwich when compared to any previous Q4.

    A total of 424 companies were registered in Norwich during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 5.0% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)NorwichUK
    2013424127,247
    2012404119,875
    % change5.0%6.1%
    Record Year 2013 (424) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company registrations in Norwich when compared to any previous December.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013151139134
    New companies in 2012140131133
    % change7.9%6.1%0.8%
    Record Year2003 (165)2011 (146)2013 (134)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 1,182 companies were dissolved in Norwich in 2013. This total is 24.7% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.

    YearNorwichUK
    20131,182332,213
    2012948293,729
    2011983314,524
    20101,105342,233
    20091,302533,789
    Record Year2009 (1,302)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 600 companies were dissolved in Norwich. This figure is 23.5% higher than last year, which compares badly to the UK wide change of 21.3%.

    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
    2013600177,021
    2012486145,935
    % change23.5%21.3%
    Record Year2009 (636)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 337 companies were dissolved in Norwich during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 40.4% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)NorwichUK
    201333790,851
    201224070,027
    % change40.4%29.7%
    Record Year 2013 (337) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201315210679
    Closed companies in 2012918069
    % change67.0%32.5%14%
    Record Year2013 (152)2010 (109)2009 (108)

Net Company Growth

  1. Annual Data (2013)

    A total of 615 companies were added to the company register for Norwich in 2013. This number represents growth of 34.2% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 131 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Norwich company register grew by 755 companies.

    YearNorwichUK
    2013615197,150
    2012746198,164
    2011651138,346
    201020158,125
    2009-106-171,114
    Record Year2007 (755)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Norwich increased by 292 companies.

    Half Year (Jul-Dec)NorwichUK
    201329282,910
    201233092,808
    Record Year2003 (477)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Norwich during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 87 companies.

    fourth quarter (Oct 2013 - Dec 2013)NorwichUK
    20138736,396
    201216449,848
    Record Year 2008 (173) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013-13355
    Net growth in 2012495164
    Record Year2003 (117)2003 (80)2002 (75)

UK Company Share

  1. Annual Data (2013)

    In 2013 Norwich formed 0.3% of all UK companies. This is no change on 2012 when Norwich was responsible for 0.3% of all UK companies.

    YearNorwich
    20130.3%
    20120.3%
    20110.4%
    20100.3%
    20090.3%
    Record Year (since 1960)2002 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Norwich formed 0.3% of all UK companies. This is the same as the 2012 figure of 0.3%.

    Half Year (Jul-Dec)Norwich
    20130.3%
    20120.3%
    20110.4%
    20100.3%
    20090.3%
    Record Year (since 1960) 2002 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

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

    fourth quarter (Oct 2013 - Dec 2013)Norwich
    20130.3%
    20120.3%
    20110.4%
    20100.3%
    20090.3%
    Record Year (since 1960) 1990 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.3%0.3%0.4%
    UK formation share in 20120.3%0.3%0.4%
    % change0.2%4.3%-8.4%
    Record Year1981 (0.7%)1975 (0.6%)1967 (1.3%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 45.1.

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 44.4.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 45.2.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Norwich was 1984 when 100.0% of all directors were female.

    The percentage of female directors in Norwich in 2013 was 28.0%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Norwich was 2007 when 33.2% of all directors were female.

    28.0% of all director appointments in Norwich in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Norwich was in 2005 when 33.0% of all directors were female.

    27.6% of all director appointments in Norwich in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.83%CONSULTING5.22%
    NORWICH1.52%MANAGEMENT4.72%
    NORFOLK1.52%CONSULTANCY3.45%
    MANAGEMENT1.44%PROPERTY2.59%
    CONSULTANCY1.17%TRADING2.08%
    PROPERTY1.13%ENGINEERING1.87%
    (NORWICH)0.74%LONDON1.86%
    DEVELOPMENTS0.70%DESIGN1.76%
    DESIGN0.70%CONSTRUCTION1.73%
    J0.70%CARE1.73%
    ELECTRICAL0.66%BUSINESS1.71%
    CARE0.62%CONSULTANTS1.68%
    ENGINEERING0.62%GLOBAL1.58%
    PROPERTIES0.58%INVESTMENTS1.56%
    EAST0.58%PROPERTIES1.54%
    ENERGY0.58%ASSOCIATES1.53%
    IT0.55%J1.51%
    AVIATION0.55%MEDIA1.50%
    ASSOCIATES0.51%IT1.35%
    ENTERPRISES0.51%DEVELOPMENTS1.23%
    HEALTH0.51%M1.23%
    BUILDING0.51%BUILDING1.21%
    GLOBAL0.47%ELECTRICAL1.20%
    P0.47%CAPITAL1.19%
    ANGLIA0.47%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied720266,814
    82990 - Other business support service activities not elsewhere classified21055,342
    99999 - Dormant Company16146,762
    70229 - Management consultancy activities other than financial management13936,164
    62020 - Information technology consultancy activities9027,183
    96090 - Other service activities not elsewhere classified7326,001
    74909 - Other professional, scientific and technical activities not elsewhere classified6818,034
    74990 - Non-trading company4814,223
    62090 - Other information technology service activities4112,511
    41100 - Development of building projects409,485
    86900 - Other human health activities379,543
    71129 - Other engineering activities375,158
    43999 - Other specialised construction activities not elsewhere classified367,823
    45200 - Maintenance and repair of motor vehicles354,987
    47910 - Retail sale via mail order houses or via Internet348,879
    62012 - Business and domestic software development339,360
    43210 - Electrical installation335,730
    56302 - Public houses and bars325,503
    68209 - Other letting and operating of own or leased real estate308,733
    43390 - Other building completion and finishing295,405

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08714127 NORWICH HOME IMPROVEMENTS LTD 01 Oct 2013
    08716143 STR EVENTS LIMITED 03 Oct 2013
    08716442 ST ANNES NORWICH LIMITED 03 Oct 2013
    08719978 SHINE TANNING SALON LTD 07 Oct 2013
    08720054 SPROWSTON VALETING CENTRE LTD 07 Oct 2013
    08733754 TOWER BUILDING LTD 15 Oct 2013
    08750226 NATURAL EARTH ENERGY LIMITED 28 Oct 2013
    08752102 HERMES ART LTD 29 Oct 2013
    08712743 A.WALDER & SON (FIREARMS) LIMITED 01 Oct 2013
    08718784 YOUTH SOCCER SCIENCE LTD 04 Oct 2013
    08725038 NORFOLK FASHION LIMITED 09 Oct 2013
    08731467 IZZY SHAW CONSULTING LIMITED 14 Oct 2013
    08735101 FREE MANPOWER LIMITED 16 Oct 2013
    08715897 RIVERBANK TECHNOLOGIES LTD 02 Oct 2013
    08719163 EVECTUS LOGISTICS LTD 04 Oct 2013
    08728257 J&C CONTRACTING LIMITED 11 Oct 2013
    08731068 FIVESTAR GAS SERVICES LIMITED 14 Oct 2013
    08739640 WISE MONKEY DJS LIMITED 21 Oct 2013
    08743690 SANDRA REYNOLDS LIMITED 22 Oct 2013
    08736671 QUINN BLACKWELL MEDIA LTD 17 Oct 2013
    08753785 KICKBACK TAX LTD 29 Oct 2013
    08754672 TRUST NORFOLK-SEN 30 Oct 2013
    08720688 PALERMO STONE LTD 07 Oct 2013
    08720999 NJ MAINTENANCE SERVICES LIMITED 07 Oct 2013
    08753003 BEAUTIFUL STATS LIMITED 29 Oct 2013