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
New Company Registrations
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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) Norwich UK 2014 1,078 300,731 2013 905 269,432 % change 19.1% 11.6% Record Year 2014 (1,078) 2014 (300,731) New Companies by Half Year
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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) Norwich UK 2014 498 150,009 2013 458 134,630 % change 8.7% 11.4% Record Year 2014 (498) 2014 (150,009) New Companies by Quarter
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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
April May June New companies in 2014 175 172 151 New companies in 2013 173 146 139 % change 1.2% 17.8% 8.6% Record Year 2014 (175) 2014 (172) 2014 (151)
Closed Companies (dissolved)
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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) Norwich UK 2014 581 177,207 2013 582 155,192 % change -0.2% 14.2% Record Year 2009 (666) 2009 (289,245) Dissolved Companies by Half Year
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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) Norwich UK 2014 308 94,837 2013 284 77,278 % change 8.5% 22.7% Record Year 2009 (425) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 88 131 89 Closed companies in 2013 100 90 94 % change -12.0% 45.6% -5% Record Year 2013 (100) 2009 (191) 2009 (143)
Net Company Growth
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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) Norwich UK 2014 497 123,524 2013 323 114,240 Record Year 2003 (526) 2007 (171,296) Net Growth by Half Year
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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) Norwich UK 2014 190 55,172 2013 174 57,352 Record Year 2011 (216) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 87 41 62 Net growth in 2013 73 56 45 Record Year 2011 (87) 2003 (98) 2008 (101)
UK Company Share
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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 2014 0.4% 2013 0.3% 2012 0.3% 2011 0.4% 2010 0.3% Record Year (since 1960) 1991 (0.4%) Company Share by Half Year
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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 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.4% 2010 0.3% Record Year (since 1960) 1993 (0.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.3% 0.4% 0.3% UK formation share in 2013 0.4% 0.3% 0.3% % change -8.8% 8.7% -5.9% Record Year 1993 (0.5%) 1989 (0.4%) 1976 (0.6%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.79% CONSULTING 5.16% NORWICH 1.36% MANAGEMENT 4.64% CONSULTANCY 1.29% CONSULTANCY 3.50% NORFOLK 1.29% PROPERTY 2.66% MANAGEMENT 1.29% TRADING 2.03% PROPERTY 0.93% ENGINEERING 1.99% J 0.83% CONSTRUCTION 1.93% CARE 0.83% LONDON 1.93% ENERGY 0.75% CARE 1.85% ASSOCIATES 0.72% DESIGN 1.75% BUILDING 0.72% CONSULTANTS 1.73% DEVELOPMENTS 0.68% BUSINESS 1.69% ELECTRICAL 0.65% PROPERTIES 1.63% (NORWICH) 0.65% TRANSPORT 1.58% ENTERPRISES 0.65% GLOBAL 1.55% MEDIA 0.65% INVESTMENTS 1.55% DESIGN 0.61% J 1.51% TRADING 0.57% ASSOCIATES 1.48% HOUSE 0.57% MEDIA 1.44% PROPERTIES 0.57% ELECTRICAL 1.40% MARKETING 0.54% IT 1.33% OFFSHORE 0.54% DEVELOPMENTS 1.33% PROJECT 0.50% BUILDING 1.26% HEALTH 0.47% M 1.24% HOLDINGS 0.43% CO., 1.20%
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 679 261,557 82990 - Other business support service activities not elsewhere classified 219 57,421 99999 - Dormant Company 170 48,436 70229 - Management consultancy activities other than financial management 143 40,250 62020 - Information technology consultancy activities 96 29,029 74909 - Other professional, scientific and technical activities not elsewhere classified 72 19,058 96090 - Other service activities not elsewhere classified 69 28,352 74990 - Non-trading company 54 14,351 41100 - Development of building projects 43 10,527 62090 - Other information technology service activities 43 13,024 86900 - Other human health activities 42 11,292 68209 - Other letting and operating of own or leased real estate 40 10,133 41202 - Construction of domestic buildings 40 7,053 47910 - Retail sale via mail order houses or via Internet 38 9,900 56302 - Public houses and bars 38 6,099 43210 - Electrical installation 37 6,050 43999 - Other specialised construction activities not elsewhere classified 36 8,533 71129 - Other engineering activities 34 5,787 45200 - Maintenance and repair of motor vehicles 33 5,375 62012 - Business and domestic software development 31 9,834
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09073141 ISMOSON LIMITED 05 Jun 2014 09075507 SOUTHERN REACH LIMITED 06 Jun 2014 09077884 SLIMTRANSITIONS LIMITED 09 Jun 2014 09083900 RCP BRIGHTON LTD 12 Jun 2014 09085543 RMC PARTNERS LTD 13 Jun 2014 09091031 DARICO LTD 18 Jun 2014 09091140 NEAL'S LTD 18 Jun 2014 09098605 3D DANCE ACADEMY LIMITED 23 Jun 2014 09101396 CEO MEDIA LIMITED 24 Jun 2014 09105316 THE BAY HAIR LTD 27 Jun 2014 09107717 ENHANCED HEALTHCARE SERVICES LTD 30 Jun 2014 09081854 HASHTAG DATA LTD 11 Jun 2014 09065445 SALMAN'S ( NORWICH ) LIMITED 02 Jun 2014 09071645 PRIVATE RESPONSE LTD 05 Jun 2014 09078805 ADDCOMM LIMITED 10 Jun 2014 09093401 SWEETS DESIRE LIMITED 19 Jun 2014 09087109 HAPPY TOOTH LIMITED 16 Jun 2014 09094756 MARTIN POOLEY LTD 20 Jun 2014 09076118 CHLOEGEORGINA LIMITED 09 Jun 2014 09088795 COMMERCIAL BODIES LIMITED 16 Jun 2014 09097100 ALETA AND ABIGAIL LIMITED 23 Jun 2014 09107571 IN SEARCH OF TASTE MAGAZINE LTD 30 Jun 2014 09084283 JEMTEL LIMITED 12 Jun 2014 09094705 HEARTH UK (EXETER) LIMITED 19 Jun 2014 09073756 WE SUPPORT LOCAL LTD 05 Jun 2014
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