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
    08830094 EDUCATIONAL LEADERSHIP DEVELOPMENT LTD 02 Jan 2014
    08833519 ORANGE VAN LTD 06 Jan 2014
    08842005 SANYA MEDICAL SERVICES LIMITED 13 Jan 2014
    08847993 SUBSEA COMPLIANCE AND RISK MANAGEMENT SERVICES LIMITED 16 Jan 2014
    08850888 SPRING CLEAN COMMERCIAL LTD 17 Jan 2014
    08853761 35 PARK LANE RESIDENTS ASSOCIATION (NORWICH) LIMITED 21 Jan 2014
    08857877 CONRAD BUILDING SERVICES LIMITED 23 Jan 2014
    08863223 FULLRENT LTD 27 Jan 2014
    08840634 STAR GLOBE TRADE LIMITED 10 Jan 2014
    08844262 WE ARE SPARK CONSULTING LTD 14 Jan 2014
    08851349 RUGBY SOLUTIONS LTD 20 Jan 2014
    08866525 BLUE CAT INITIATIVE LIMITED 29 Jan 2014
    08833235 HORIZON CATERING LTD. 06 Jan 2014
    08835557 EXHEAT GROUP LIMITED 07 Jan 2014
    08841945 SAMFANCY CONSULTING LTD 13 Jan 2014
    08842502 HUNTERS HALL LIMITED 13 Jan 2014
    08867010 CHANNEL-16 (UK) LIMITED 29 Jan 2014
    08831792 BEN-HAGGER LTD 06 Jan 2014
    08849236 RASA NORWICH LTD 16 Jan 2014
    08851073 HOMEPRIDE MARKETING LIMITED 20 Jan 2014
    08862435 NORFOLK FAMILY CONTACT SERVICES LTD 27 Jan 2014
    08863124 BARTLETTINGS LTD 27 Jan 2014
    08870580 SPROWSTON SERVICE CENTRE LIMITED 31 Jan 2014
    08834604 WALPOLE ENGINEERING LTD 07 Jan 2014
    08835642 MULTI TECHNICAL SERVICES LIMITED 07 Jan 2014