Norwich, Norfolk

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Norwich when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Norwich when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Norwich when compared to any previous Q2.
  • June 2014 saw a new record in company registrations in Norwich when compared to any previous June.
  • May 2014 saw a new record in company registrations in Norwich when compared to any previous May.
  • April 2014 saw a new record in company registrations in Norwich when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Norwich when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Norwich when compared to any half year in history.

    In the first half of 2014 a total of 1,078 companies were formed in Norwich. This figure is 19.1% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Norwich occurred in 2014 when a total of 1,078 were formed.

    Half Year (Jan-Jun)NorwichUK
    20141,078300,731
    2013905269,432
    % change19.1%11.6%
    Record Year2014 (1,078)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Norwich when compared to any previous Q2.

    A total of 498 companies were registered in Norwich during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 8.7% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)NorwichUK
    2014498150,009
    2013458134,630
    % change8.7%11.4%
    Record Year 2014 (498) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in Norwich when compared to any previous June.

    May 2014 saw a new record in company registrations in Norwich when compared to any previous May.

    April 2014 saw a new record in company registrations in Norwich when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2014175172151
    New companies in 2013173146139
    % change1.2%17.8%8.6%
    Record Year2014 (175)2014 (172)2014 (151)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 581 companies were dissolved in Norwich. This figure is 0.2% lower than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Norwich occurred in 2009 when a total of 666 were closed.

    Half Year (Jan-Jun)NorwichUK
    2014581177,207
    2013582155,192
    % change-0.2%14.2%
    Record Year2009 (666)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 308 companies were dissolved in Norwich during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 8.5% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)NorwichUK
    201430894,837
    201328477,278
    % change8.5%22.7%
    Record Year 2009 (425) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20148813189
    Closed companies in 20131009094
    % change-12.0%45.6%-5%
    Record Year2013 (100)2009 (191)2009 (143)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Norwich increased by 497 companies.

    Half Year (Jan-Jun)NorwichUK
    2014497123,524
    2013323114,240
    Record Year2003 (526)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Norwich during the second quarter of 2014 (Apr 2014 - Jun 2014) was 190 companies.

    second quarter (Apr 2014 - Jun 2014)NorwichUK
    201419055,172
    201317457,352
    Record Year 2011 (216) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014874162
    Net growth in 2013735645
    Record Year2011 (87)2003 (98)2008 (101)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Norwich formed 0.4% of all UK companies. This is more than the 2013 figure of 0.3%.

    Half Year (Jan-Jun)Norwich
    20140.4%
    20130.3%
    20120.3%
    20110.4%
    20100.3%
    Record Year (since 1960) 1991 (0.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Norwich formed 0.3% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Norwich
    20140.3%
    20130.3%
    20120.3%
    20110.4%
    20100.3%
    Record Year (since 1960) 1993 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.3%0.4%0.3%
    UK formation share in 20130.4%0.3%0.3%
    % change-8.8%8.7%-5.9%
    Record Year1993 (0.5%)1989 (0.4%)1976 (0.6%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.7.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 44.4.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Norwich was 2006 when 31.8% of all directors were female.

    27.2% of all director appointments in Norwich in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Norwich was in 2006 when 31.9% of all directors were female.

    24.6% of all director appointments in Norwich in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.79%CONSULTING5.16%
    NORWICH1.36%MANAGEMENT4.64%
    CONSULTANCY1.29%CONSULTANCY3.50%
    NORFOLK1.29%PROPERTY2.66%
    MANAGEMENT1.29%TRADING2.03%
    PROPERTY0.93%ENGINEERING1.99%
    J0.83%CONSTRUCTION1.93%
    CARE0.83%LONDON1.93%
    ENERGY0.75%CARE1.85%
    ASSOCIATES0.72%DESIGN1.75%
    BUILDING0.72%CONSULTANTS1.73%
    DEVELOPMENTS0.68%BUSINESS1.69%
    ELECTRICAL0.65%PROPERTIES1.63%
    (NORWICH)0.65%TRANSPORT1.58%
    ENTERPRISES0.65%GLOBAL1.55%
    MEDIA0.65%INVESTMENTS1.55%
    DESIGN0.61%J1.51%
    TRADING0.57%ASSOCIATES1.48%
    HOUSE0.57%MEDIA1.44%
    PROPERTIES0.57%ELECTRICAL1.40%
    MARKETING0.54%IT1.33%
    OFFSHORE0.54%DEVELOPMENTS1.33%
    PROJECT0.50%BUILDING1.26%
    HEALTH0.47%M1.24%
    HOLDINGS0.43%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied679261,557
    82990 - Other business support service activities not elsewhere classified21957,421
    99999 - Dormant Company17048,436
    70229 - Management consultancy activities other than financial management14340,250
    62020 - Information technology consultancy activities9629,029
    74909 - Other professional, scientific and technical activities not elsewhere classified7219,058
    96090 - Other service activities not elsewhere classified6928,352
    74990 - Non-trading company5414,351
    41100 - Development of building projects4310,527
    62090 - Other information technology service activities4313,024
    86900 - Other human health activities4211,292
    68209 - Other letting and operating of own or leased real estate4010,133
    41202 - Construction of domestic buildings407,053
    47910 - Retail sale via mail order houses or via Internet389,900
    56302 - Public houses and bars386,099
    43210 - Electrical installation376,050
    43999 - Other specialised construction activities not elsewhere classified368,533
    71129 - Other engineering activities345,787
    45200 - Maintenance and repair of motor vehicles335,375
    62012 - Business and domestic software development319,834

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08974683 SIMPLY PSYCHOLOGY LTD 02 Apr 2014
    08990954 CHERRYWOOD HOMES LTD 10 Apr 2014
    08991058 THE KITCHEN SHOP GY LTD 10 Apr 2014
    08998574 PHOTICA LIMITED 15 Apr 2014
    09005897 ANTIQUE LEATHER UPHOLSTERY LTD 22 Apr 2014
    09012542 CORBETT & COOK DECORATING SERVICES LTD 25 Apr 2014
    09014277 APIG LIMITED 28 Apr 2014
    OC392823 LEVEL 3 SOLUTIONS (NORWICH) LLP 24 Apr 2014
    08980769 JONES INVESTING COMPANY LTD 07 Apr 2014
    08982659 QUANTUM JOINERY LIMITED 07 Apr 2014
    09002649 ACCENT BUILDING SERVICES 2013 LTD 17 Apr 2014
    09003692 AJYCONSULTING LIMITED 22 Apr 2014
    09004805 YARPRINT LTD 22 Apr 2014
    09010722 CAMSCO LTD 25 Apr 2014
    09015182 MR LOGIC LTD 28 Apr 2014
    08972679 JF KENNEDY CONSULTANTS LIMITED 02 Apr 2014
    08974239 NIGEL METCALF LIMITED 02 Apr 2014
    08981058 ADVANCED JOINERY (EAST) LIMITED 07 Apr 2014
    08989891 WISHED FOR LTD 10 Apr 2014
    08995895 WADE DEVELOPMENTS LTD 14 Apr 2014
    08997505 NOYS LIMITED 15 Apr 2014
    08980390 HURTL LIMITED 07 Apr 2014
    08986453 POWLEY CONTRACTS LIMITED 08 Apr 2014
    08989424 JOHN SKINNER DESIGN LIMITED 10 Apr 2014
    08992709 BRISTER HOLDINGS LTD 11 Apr 2014