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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

  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 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)NorwichUK
    2014580150,722
    2013447134,802
    % change29.8%11.8%
    Record Year 2014 (580) 2007 (166,814)
    New Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    New companies in 2014176173231
    New companies in 2013136130181
    % change29.4%33.1%27.6%
    Record Year2014 (176)2014 (173)2014 (231)

Closed Companies (dissolved)

  1. 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)NorwichUK
    201427382,370
    201329877,914
    % change-8.4%5.7%
    Record Year 2013 (298) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014859494
    Closed companies in 201310510885
    % change-19.0%-13.0%11%
    Record Year2011 (108)2013 (108)2009 (142)

Net Company Growth

  1. 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)NorwichUK
    201430768,352
    201314956,888
    Record Year 2014 (307) 2007 (111,282)
    Net Growth by Quarter

  2. 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
    JanuaryFebruaryMarch
    Net growth in 20149179137
    Net growth in 2013312296
    Record Year2014 (91)2003 (101)2007 (167)

UK Company Share

  1. 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
    20140.4%
    20130.3%
    20120.4%
    20110.3%
    20100.4%
    Record Year (since 1960) 1991 (0.4%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.3%0.3%0.4%
    % change21.1%22.9%6.5%
    Record Year1983 (0.6%)1983 (0.6%)1973 (0.8%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING1.73%CONSULTING5.22%
    NORWICH1.66%MANAGEMENT4.67%
    CONSULTANCY1.47%CONSULTANCY3.49%
    NORFOLK1.44%PROPERTY2.64%
    MANAGEMENT1.29%TRADING2.05%
    J1.03%LONDON1.88%
    PROPERTY0.88%ENGINEERING1.86%
    CARE0.77%CARE1.79%
    (NORWICH)0.74%CONSTRUCTION1.75%
    DESIGN0.66%DESIGN1.75%
    ENERGY0.66%CONSULTANTS1.73%
    ELECTRICAL0.66%BUSINESS1.71%
    DEVELOPMENTS0.63%PROPERTIES1.60%
    BUILDING0.63%INVESTMENTS1.60%
    PROPERTIES0.59%GLOBAL1.58%
    ENTERPRISES0.55%J1.48%
    ASSOCIATES0.55%ASSOCIATES1.48%
    OFFSHORE0.55%MEDIA1.48%
    MEDIA0.52%IT1.33%
    ENGINEERING0.52%TRANSPORT1.30%
    HEALTH0.52%DEVELOPMENTS1.29%
    MARKETING0.52%BUILDING1.24%
    AVIATION0.52%M1.21%
    HEATING0.48%CAPITAL1.20%
    TRADING0.48%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied764280,210
    82990 - Other business support service activities not elsewhere classified23456,411
    99999 - Dormant Company16347,084
    70229 - Management consultancy activities other than financial management14937,882
    62020 - Information technology consultancy activities8927,750
    74909 - Other professional, scientific and technical activities not elsewhere classified7218,491
    96090 - Other service activities not elsewhere classified6626,700
    74990 - Non-trading company5114,135
    41100 - Development of building projects459,855
    86900 - Other human health activities3910,273
    47910 - Retail sale via mail order houses or via Internet399,358
    56302 - Public houses and bars375,732
    43999 - Other specialised construction activities not elsewhere classified368,155
    62090 - Other information technology service activities3612,813
    41202 - Construction of domestic buildings346,559
    43210 - Electrical installation345,885
    45200 - Maintenance and repair of motor vehicles345,130
    71129 - Other engineering activities345,477
    68209 - Other letting and operating of own or leased real estate339,284
    62012 - Business and domestic software development329,509

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08923178 JACKIE HAMILTON SCHOOL LTD 05 Mar 2014
    08923194 JACKIE HAMILTON SCHOOL OF BEAUTY LTD 05 Mar 2014
    08923764 BAKEHOUSE RECORDING LIMITED 05 Mar 2014
    08927773 MRJ RESOURCES LTD 07 Mar 2014
    08929489 SENSES CLUB, LOUNGE & BAR LIMITED 10 Mar 2014
    08933079 J & S JEWELLERY LTD 11 Mar 2014
    08934419 ABC FOOD AND NUTRITION LTD 12 Mar 2014
    08938491 B H DEVELOPMENTS (NORFOLK) LTD 13 Mar 2014
    08939479 CHINA INN LIMITED 14 Mar 2014
    08941312 SOLID BLOCK LIMITED 17 Mar 2014
    08950762 KOKO MEDIA LIMITED 20 Mar 2014
    08952017 THE ALCHEMISTS CUPBOARD LIMITED 21 Mar 2014
    08952509 HONHR LTD 21 Mar 2014
    08952907 SECRET CREEK MINING LTD 21 Mar 2014
    08918804 BRANDEX FINANCIAL LIMITED 03 Mar 2014
    08928831 SKS ELECTRICAL LIMITED 07 Mar 2014
    08943267 TIDAL RECORDINGS LTD 17 Mar 2014
    08955668 ULTIMO ELECTRONICS LIMITED 24 Mar 2014
    08957224 CIGNPOST HEALTH LTD 25 Mar 2014
    08957726 WOLFDOG STUDIOS LTD 25 Mar 2014
    OC391872 THESIS ENERGY LLP 11 Mar 2014
    08925754 GAZPATH LIMITED 06 Mar 2014
    08935448 MG FIELD SOLUTIONS LIMITED 12 Mar 2014
    08938125 BLUE LIGHT DRIVING LTD 13 Mar 2014
    08944559 AEM HEALTH CARE SERVICES LIMITED 18 Mar 2014

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