Norwich, Norfolk
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in Norwich when compared to any previous Q1.
- Q1 2014 was a record quarter for company registrations in Norwich when compared to any quarter in history.
- March 2014 saw a new record in company registrations in Norwich when compared to any previous March.
- March 2014 was a record month for company registrations in Norwich when compared to any month in history.
- February 2014 saw a new record in company registrations in Norwich when compared to any previous February.
- January 2014 saw a new record in company registrations in Norwich when compared to any previous January.
- January 2014 saw a new record in net growth in Norwich when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Norwich when compared to any previous Q1.
Q1 2014 was a record quarter for company registrations in Norwich when compared to any quarter in history.
A total of 580 companies were registered in Norwich during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 29.8% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Norwich UK 2014 580 150,722 2013 447 134,802 % change 29.8% 11.8% Record Year 2014 (580) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in company registrations in Norwich when compared to any previous March.
March 2014 was a record month for company registrations in Norwich when compared to any month in history.
February 2014 saw a new record in company registrations in Norwich when compared to any previous February.
January 2014 saw a new record in company registrations in Norwich when compared to any previous January.
New Companies by Month
January February March New companies in 2014 176 173 231 New companies in 2013 136 130 181 % change 29.4% 33.1% 27.6% Record Year 2014 (176) 2014 (173) 2014 (231)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 273 companies were dissolved in Norwich during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 8.4% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Norwich UK 2014 273 82,370 2013 298 77,914 % change -8.4% 5.7% Record Year 2013 (298) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 85 94 94 Closed companies in 2013 105 108 85 % change -19.0% -13.0% 11% Record Year 2011 (108) 2013 (108) 2009 (142)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Norwich during the first quarter of 2014 (Jan 2014 - Mar 2014) was 307 companies.
first quarter (Jan 2014 - Mar 2014) Norwich UK 2014 307 68,352 2013 149 56,888 Record Year 2014 (307) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
January 2014 saw a new record in net growth in Norwich when compared to any previous January.
Net Growth by Month
January February March Net growth in 2014 91 79 137 Net growth in 2013 31 22 96 Record Year 2014 (91) 2003 (101) 2007 (167)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Norwich formed 0.4% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Norwich 2014 0.4% 2013 0.3% 2012 0.4% 2011 0.3% 2010 0.4% Record Year (since 1960) 1991 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.4% 0.4% 0.4% UK formation share in 2013 0.3% 0.3% 0.4% % change 21.1% 22.9% 6.5% Record Year 1983 (0.6%) 1983 (0.6%) 1973 (0.8%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 45.0.
The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Norwich was in 2006 when 31.7% of all directors were female.
29.7% of all director appointments in Norwich in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.73% CONSULTING 5.22% NORWICH 1.66% MANAGEMENT 4.67% CONSULTANCY 1.47% CONSULTANCY 3.49% NORFOLK 1.44% PROPERTY 2.64% MANAGEMENT 1.29% TRADING 2.05% J 1.03% LONDON 1.88% PROPERTY 0.88% ENGINEERING 1.86% CARE 0.77% CARE 1.79% (NORWICH) 0.74% CONSTRUCTION 1.75% DESIGN 0.66% DESIGN 1.75% ENERGY 0.66% CONSULTANTS 1.73% ELECTRICAL 0.66% BUSINESS 1.71% DEVELOPMENTS 0.63% PROPERTIES 1.60% BUILDING 0.63% INVESTMENTS 1.60% PROPERTIES 0.59% GLOBAL 1.58% ENTERPRISES 0.55% J 1.48% ASSOCIATES 0.55% ASSOCIATES 1.48% OFFSHORE 0.55% MEDIA 1.48% MEDIA 0.52% IT 1.33% ENGINEERING 0.52% TRANSPORT 1.30% HEALTH 0.52% DEVELOPMENTS 1.29% MARKETING 0.52% BUILDING 1.24% AVIATION 0.52% M 1.21% HEATING 0.48% CAPITAL 1.20% TRADING 0.48% ELECTRICAL 1.19%
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 764 280,210 82990 - Other business support service activities not elsewhere classified 234 56,411 99999 - Dormant Company 163 47,084 70229 - Management consultancy activities other than financial management 149 37,882 62020 - Information technology consultancy activities 89 27,750 74909 - Other professional, scientific and technical activities not elsewhere classified 72 18,491 96090 - Other service activities not elsewhere classified 66 26,700 74990 - Non-trading company 51 14,135 41100 - Development of building projects 45 9,855 86900 - Other human health activities 39 10,273 47910 - Retail sale via mail order houses or via Internet 39 9,358 56302 - Public houses and bars 37 5,732 43999 - Other specialised construction activities not elsewhere classified 36 8,155 62090 - Other information technology service activities 36 12,813 41202 - Construction of domestic buildings 34 6,559 43210 - Electrical installation 34 5,885 45200 - Maintenance and repair of motor vehicles 34 5,130 71129 - Other engineering activities 34 5,477 68209 - Other letting and operating of own or leased real estate 33 9,284 62012 - Business and domestic software development 32 9,509
Recent Companies
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Randomly selected companies from this quarter
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