Norwich, Norfolk
Q3 2014 Business Confidence Report
Headlines
- September 2014 saw a new record in company registrations in Norwich when compared to any previous September.
- July 2014 saw a new record in company closures in Norwich when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 443 companies were registered in Norwich during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 5.3% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Norwich UK 2014 443 143,414 2013 468 132,684 % change -5.3% 8.1% Record Year 2013 (468) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Norwich when compared to any previous September.
New Companies by Month
July August September New companies in 2014 150 130 163 New companies in 2013 158 149 161 % change -5.1% -12.8% 1.2% Record Year 2011 (165) 2013 (149) 2014 (163)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 365 companies were dissolved in Norwich during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 38.8% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Norwich UK 2014 365 101,670 2013 263 86,170 % change 38.8% 18.0% Record Year 2014 (365) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Norwich when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 146 97 122 Closed companies in 2013 83 78 102 % change 75.9% 24.4% 20% Record Year 2014 (146) 2008 (154) 2009 (161)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Norwich during the third quarter of 2014 (Jul 2014 - Sep 2014) was 78 companies.
third quarter (Jul 2014 - Sep 2014) Norwich UK 2014 78 41,744 2013 205 46,514 Record Year 2013 (205) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 4 33 41 Net growth in 2013 75 71 59 Record Year 2011 (97) 2013 (71) 2003 (97)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Norwich formed 0.3% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Norwich 2014 0.3% 2013 0.4% 2012 0.3% 2011 0.4% 2010 0.3% Record Year (since 1960) 1991 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.3% 0.4% 0.4% % change -13.7% -16.8% -7.1% Record Year 1964 (0.9%) 1978 (0.7%) 1969 (0.7%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 44.6.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Norwich was in 2007 when 35.2% of all directors were female.
27.1% of all director appointments in Norwich in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORWICH 1.54% CONSULTING 5.17% CONSULTING 1.43% MANAGEMENT 4.63% NORFOLK 1.29% CONSULTANCY 3.55% CONSULTANCY 1.22% PROPERTY 2.62% MANAGEMENT 1.04% ENGINEERING 2.07% DEVELOPMENTS 0.86% CONSTRUCTION 2.05% PROPERTY 0.86% TRADING 2.00% CARE 0.82% LONDON 1.95% ASSOCIATES 0.72% CARE 1.94% ENERGY 0.72% TRANSPORT 1.76% MEDIA 0.68% DESIGN 1.70% ELECTRICAL 0.68% CONSULTANTS 1.70% (NORWICH) 0.68% PROPERTIES 1.63% ENTERPRISES 0.64% BUSINESS 1.62% J 0.61% J 1.53% BUILDING 0.61% ELECTRICAL 1.53% HEALTH 0.61% GLOBAL 1.51% HOUSE 0.57% INVESTMENTS 1.50% MARKETING 0.57% ASSOCIATES 1.48% CONSULTANTS 0.54% MEDIA 1.38% PROPERTIES 0.54% CO., 1.36% TRADING 0.50% DEVELOPMENTS 1.35% PROJECT 0.50% BUILDING 1.30% HEALTHCARE 0.50% IT 1.30% HOLDINGS 0.47% M 1.23%
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 709 278,481 82990 - Other business support service activities not elsewhere classified 215 57,264 99999 - Dormant Company 159 48,286 70229 - Management consultancy activities other than financial management 139 40,717 62020 - Information technology consultancy activities 102 29,313 74909 - Other professional, scientific and technical activities not elsewhere classified 77 18,890 96090 - Other service activities not elsewhere classified 71 28,224 74990 - Non-trading company 54 14,006 62090 - Other information technology service activities 46 12,795 47910 - Retail sale via mail order houses or via Internet 44 9,914 41100 - Development of building projects 42 10,604 68209 - Other letting and operating of own or leased real estate 42 10,361 86900 - Other human health activities 41 11,807 41202 - Construction of domestic buildings 37 7,151 56302 - Public houses and bars 37 6,056 71129 - Other engineering activities 36 5,930 43210 - Electrical installation 35 5,922 96020 - Hairdressing and other beauty treatment 32 6,630 56101 - Licensed restaurants 31 8,546 62012 - Business and domestic software development 31 9,675
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09202350 AH HEALTH (UK) LIMITED 03 Sep 2014 09207088 F R MOWSON LTD 08 Sep 2014 09216599 NJ NORFOLK LTD 12 Sep 2014 09219995 ANGLIAN AIRCRAFT MAINTENANCE LTD 16 Sep 2014 09226334 UNIVERSAL GUARDIANS LTD 19 Sep 2014 09235317 FELIX SNELL ENTERPRISES LTD 25 Sep 2014 09236458 EMM ENTERPRISES LTD 26 Sep 2014 09222045 IBIZA SUPERFOODS LTD 17 Sep 2014 09223804 LONG MEN LIMITED 18 Sep 2014 09239170 BUTLERS BREWERY LIMITED 29 Sep 2014 09207025 ZYONET LIMITED 08 Sep 2014 09218729 GET EXPENSES LTD 15 Sep 2014 09233192 CONTRELLA GROUP LIMITED 24 Sep 2014 09239042 REGULAR GIVING UK 29 Sep 2014 09226570 SUNRAY HEALTH PRODUCTS LIMITED 19 Sep 2014 09197518 DOUBLEBLESSING LIMITED 01 Sep 2014 09219756 MCQUEENS (NFK) LTD 16 Sep 2014 09229626 NORWICH FAIRTRADE MOTOR COMPANY LTD 22 Sep 2014 09236433 ASHFORD RESIDENTIAL DEVELOPMENT LIMITED 26 Sep 2014 09209838 HEATCARE (NORWICH) LTD 09 Sep 2014 09212958 A & M LARNER LTD 10 Sep 2014 09221298 HOBLAND CONSULTANTS LTD 16 Sep 2014 09230880 CARY'S FLOWERS LTD 23 Sep 2014 09233756 ROCKWOOD PARK LIMITED 24 Sep 2014 09236319 L K HOME IMPROVEMENTS LTD 26 Sep 2014
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