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
New Company Registrations
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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.
Year Norwich UK 2013 1,797 529,363 2012 1,694 491,893 2011 1,634 452,870 2010 1,306 400,358 2009 1,196 362,675 Record Year 2013 (1,797) 2013 (529,363) New Companies by Year
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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) Norwich UK 2013 892 259,931 2012 816 238,743 % change 9.3% 8.9% Record Year 2013 (892) 2013 (259,931) New Companies by Half Year
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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) Norwich UK 2013 424 127,247 2012 404 119,875 % change 5.0% 6.1% Record Year 2013 (424) 2013 (127,247) New Companies by Quarter
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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
October November December New companies in 2013 151 139 134 New companies in 2012 140 131 133 % change 7.9% 6.1% 0.8% Record Year 2003 (165) 2011 (146) 2013 (134)
Closed Companies (dissolved)
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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.
Year Norwich UK 2013 1,182 332,213 2012 948 293,729 2011 983 314,524 2010 1,105 342,233 2009 1,302 533,789 Record Year 2009 (1,302) 2009 (533,789) Dissolved Companies by Year
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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) Norwich UK 2013 600 177,021 2012 486 145,935 % change 23.5% 21.3% Record Year 2009 (636) 2009 (244,544) Dissolved Companies by Half Year
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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) Norwich UK 2013 337 90,851 2012 240 70,027 % change 40.4% 29.7% Record Year 2013 (337) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2013 152 106 79 Closed companies in 2012 91 80 69 % change 67.0% 32.5% 14% Record Year 2013 (152) 2010 (109) 2009 (108)
Net Company Growth
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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.
Year Norwich UK 2013 615 197,150 2012 746 198,164 2011 651 138,346 2010 201 58,125 2009 -106 -171,114 Record Year 2007 (755) 2007 (237,353) Net Growth by Year
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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) Norwich UK 2013 292 82,910 2012 330 92,808 Record Year 2003 (477) 2003 (117,772) Net Growth by Half Year
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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) Norwich UK 2013 87 36,396 2012 164 49,848 Record Year 2008 (173) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 -1 33 55 Net growth in 2012 49 51 64 Record Year 2003 (117) 2003 (80) 2002 (75)
UK Company Share
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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.
Year Norwich 2013 0.3% 2012 0.3% 2011 0.4% 2010 0.3% 2009 0.3% Record Year (since 1960) 2002 (0.4%) Company Share by Year
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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 2013 0.3% 2012 0.3% 2011 0.4% 2010 0.3% 2009 0.3% Record Year (since 1960) 2002 (0.4%) Company Share by Half Year
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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 2013 0.3% 2012 0.3% 2011 0.4% 2010 0.3% 2009 0.3% Record Year (since 1960) 1990 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.3% 0.3% 0.4% UK formation share in 2012 0.3% 0.3% 0.4% % change 0.2% 4.3% -8.4% Record Year 1981 (0.7%) 1975 (0.6%) 1967 (1.3%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.83% CONSULTING 5.22% NORWICH 1.52% MANAGEMENT 4.72% NORFOLK 1.52% CONSULTANCY 3.45% MANAGEMENT 1.44% PROPERTY 2.59% CONSULTANCY 1.17% TRADING 2.08% PROPERTY 1.13% ENGINEERING 1.87% (NORWICH) 0.74% LONDON 1.86% DEVELOPMENTS 0.70% DESIGN 1.76% DESIGN 0.70% CONSTRUCTION 1.73% J 0.70% CARE 1.73% ELECTRICAL 0.66% BUSINESS 1.71% CARE 0.62% CONSULTANTS 1.68% ENGINEERING 0.62% GLOBAL 1.58% PROPERTIES 0.58% INVESTMENTS 1.56% EAST 0.58% PROPERTIES 1.54% ENERGY 0.58% ASSOCIATES 1.53% IT 0.55% J 1.51% AVIATION 0.55% MEDIA 1.50% ASSOCIATES 0.51% IT 1.35% ENTERPRISES 0.51% DEVELOPMENTS 1.23% HEALTH 0.51% M 1.23% BUILDING 0.51% BUILDING 1.21% GLOBAL 0.47% ELECTRICAL 1.20% P 0.47% CAPITAL 1.19% ANGLIA 0.47% ENERGY 1.14%
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 720 266,814 82990 - Other business support service activities not elsewhere classified 210 55,342 99999 - Dormant Company 161 46,762 70229 - Management consultancy activities other than financial management 139 36,164 62020 - Information technology consultancy activities 90 27,183 96090 - Other service activities not elsewhere classified 73 26,001 74909 - Other professional, scientific and technical activities not elsewhere classified 68 18,034 74990 - Non-trading company 48 14,223 62090 - Other information technology service activities 41 12,511 41100 - Development of building projects 40 9,485 86900 - Other human health activities 37 9,543 71129 - Other engineering activities 37 5,158 43999 - Other specialised construction activities not elsewhere classified 36 7,823 45200 - Maintenance and repair of motor vehicles 35 4,987 47910 - Retail sale via mail order houses or via Internet 34 8,879 62012 - Business and domestic software development 33 9,360 43210 - Electrical installation 33 5,730 56302 - Public houses and bars 32 5,503 68209 - Other letting and operating of own or leased real estate 30 8,733 43390 - Other building completion and finishing 29 5,405
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE OC388918 PARALLEL MANAGEMENT LLP 01 Nov 2013 08777595 DOLCE MOMENTO LIMITED 15 Nov 2013 08779190 ATLAS INSPECTIONS LTD 18 Nov 2013 08787347 SPA EAST LIMITED 22 Nov 2013 08788720 FLAMINGO HYGIENE LTD. 25 Nov 2013 08792862 REPLAY SPORTS INJURY CLINIC LTD 27 Nov 2013 08779614 SWEETPEA & MOO LIMITED 18 Nov 2013 08791292 THE UNIQUE INVESTOR LIMITED 26 Nov 2013 08772476 NORWICH FISH LIMITED 12 Nov 2013 08780224 HEROES WHOLESALE LIMITED 18 Nov 2013 08784083 FRARY FINANCIAL PLANNING LIMITED 20 Nov 2013 08785782 TRILILION LIMITED 21 Nov 2013 08796590 WEDDING ANGELS (NORWICH) LIMITED 29 Nov 2013 08796888 FAME CONSULTANCY LIMITED 29 Nov 2013 08767763 LICENCE 2 GIVE LIMITED 08 Nov 2013 08771211 DEVELOPER'S ACCOMPLICE LIMITED 12 Nov 2013 08782613 ANDY THOMPSON SECURITY SERVICES LIMITED 19 Nov 2013 08767747 MAGNUS PROJECT PLANNING LIMITED 08 Nov 2013 08785249 NORFOLK DECORATOR LTD 21 Nov 2013 08785894 STARES CONSULTING LTD 21 Nov 2013 08792825 GALE FD LIMITED 27 Nov 2013 08769915 PAREBO CONSULTING LTD 11 Nov 2013 08770507 TRUE MUSIC RECORDS LTD 12 Nov 2013 08770730 SJ(NCFC) LTD 12 Nov 2013 08783649 VITROMITE TECHNOLOGY LIMITED 20 Nov 2013
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