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

  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 (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)NorwichUK
    2014443143,414
    2013468132,684
    % change-5.3%8.1%
    Record Year 2013 (468) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2014150130163
    New companies in 2013158149161
    % change-5.1%-12.8%1.2%
    Record Year2011 (165)2013 (149)2014 (163)

Closed Companies (dissolved)

  1. 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)NorwichUK
    2014365101,670
    201326386,170
    % change38.8%18.0%
    Record Year 2014 (365) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 201414697122
    Closed companies in 20138378102
    % change75.9%24.4%20%
    Record Year2014 (146)2008 (154)2009 (161)

Net Company Growth

  1. 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)NorwichUK
    20147841,744
    201320546,514
    Record Year 2013 (205) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201443341
    Net growth in 2013757159
    Record Year2011 (97)2013 (71)2003 (97)

UK Company Share

  1. 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
    20140.3%
    20130.4%
    20120.3%
    20110.4%
    20100.3%
    Record Year (since 1960) 1991 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.3%0.4%0.4%
    % change-13.7%-16.8%-7.1%
    Record Year1964 (0.9%)1978 (0.7%)1969 (0.7%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    NORWICH1.54%CONSULTING5.17%
    CONSULTING1.43%MANAGEMENT4.63%
    NORFOLK1.29%CONSULTANCY3.55%
    CONSULTANCY1.22%PROPERTY2.62%
    MANAGEMENT1.04%ENGINEERING2.07%
    DEVELOPMENTS0.86%CONSTRUCTION2.05%
    PROPERTY0.86%TRADING2.00%
    CARE0.82%LONDON1.95%
    ASSOCIATES0.72%CARE1.94%
    ENERGY0.72%TRANSPORT1.76%
    MEDIA0.68%DESIGN1.70%
    ELECTRICAL0.68%CONSULTANTS1.70%
    (NORWICH)0.68%PROPERTIES1.63%
    ENTERPRISES0.64%BUSINESS1.62%
    J0.61%J1.53%
    BUILDING0.61%ELECTRICAL1.53%
    HEALTH0.61%GLOBAL1.51%
    HOUSE0.57%INVESTMENTS1.50%
    MARKETING0.57%ASSOCIATES1.48%
    CONSULTANTS0.54%MEDIA1.38%
    PROPERTIES0.54%CO.,1.36%
    TRADING0.50%DEVELOPMENTS1.35%
    PROJECT0.50%BUILDING1.30%
    HEALTHCARE0.50%IT1.30%
    HOLDINGS0.47%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied709278,481
    82990 - Other business support service activities not elsewhere classified21557,264
    99999 - Dormant Company15948,286
    70229 - Management consultancy activities other than financial management13940,717
    62020 - Information technology consultancy activities10229,313
    74909 - Other professional, scientific and technical activities not elsewhere classified7718,890
    96090 - Other service activities not elsewhere classified7128,224
    74990 - Non-trading company5414,006
    62090 - Other information technology service activities4612,795
    47910 - Retail sale via mail order houses or via Internet449,914
    41100 - Development of building projects4210,604
    68209 - Other letting and operating of own or leased real estate4210,361
    86900 - Other human health activities4111,807
    41202 - Construction of domestic buildings377,151
    56302 - Public houses and bars376,056
    71129 - Other engineering activities365,930
    43210 - Electrical installation355,922
    96020 - Hairdressing and other beauty treatment326,630
    56101 - Licensed restaurants318,546
    62012 - Business and domestic software development319,675

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09176547 LYN REYNOLDS LTD 14 Aug 2014
    09178557 RURAL MOTOR & HORSEBOX ENGINEERS LTD 15 Aug 2014
    09191424 WHOLESALE LED LTD 28 Aug 2014
    09191849 L&T I.T. SERVICES LIMITED 28 Aug 2014
    09192045 RIVERSPARK LIMITED 29 Aug 2014
    09196783 JMT OFFSHORE LTD 30 Aug 2014
    09162427 KEBAB NORWICH LIMITED 05 Aug 2014
    09177288 COMFORT MOTORING LTD 15 Aug 2014
    09180101 MAGDALEN ROAD (UK) LIMITED 18 Aug 2014
    09183197 PLD CONSULTING LIMITED 20 Aug 2014
    09176254 M2 CONSULTANCY LIMITED 14 Aug 2014
    09192746 TRANSFORM ANALYTICS LTD 29 Aug 2014
    09158446 M.B.BODYWORKS LTD 01 Aug 2014
    09168594 OLTP LTD 11 Aug 2014
    09193655 OURCALL.TV LTD 29 Aug 2014
    09157171 MACK FARMING COMPANY LIMITED 01 Aug 2014
    09171400 ARP TESTING SERVICES LTD 12 Aug 2014
    09185630 EXEMPLARY IT LTD 21 Aug 2014
    09190854 GLAVENHILL STRATEGIC LAND (NUMBER 4) LIMITED 28 Aug 2014
    09181401 INLINE BRAND LTD 19 Aug 2014
    09190182 OFFSHORE MANAGEMENT SOLUTIONS LIMITED 28 Aug 2014
    09191774 T&A TRADING (NORWICH) LTD 28 Aug 2014
    09196743 NT MADILS LIMITED 30 Aug 2014
    09169298 MIRUS NUTRITION PRODUCTS LIMITED 11 Aug 2014
    09166893 NORFOLK CLASSICS LIMITED 07 Aug 2014