Norwich, Norfolk

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Norwich when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Norwich when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Norwich when compared to any previous March.
  • March 2015 was a record month for company registrations in Norwich when compared to any month in history.
  • February 2015 saw a new record in company registrations in Norwich when compared to any previous February.
  • January 2015 saw a new record in company registrations in Norwich when compared to any previous January.
  • February 2015 saw a new record in net growth in Norwich when compared to any previous February.
  • January 2015 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 2015)

    Q1 2015 saw a new record in company registrations in Norwich when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Norwich when compared to any quarter in history.

    A total of 654 companies were registered in Norwich during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 12.8% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)NorwichUK
    2015654161,156
    2014580150,722
    % change12.8%6.9%
    Record Year 2015 (654) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Norwich when compared to any previous March.

    March 2015 was a record month for company registrations in Norwich when compared to any month in history.

    February 2015 saw a new record in company registrations in Norwich when compared to any previous February.

    January 2015 saw a new record in company registrations in Norwich when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015187207260
    New companies in 2014176173231
    % change6.3%19.7%12.6%
    Record Year2015 (187)2015 (207)2015 (260)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 268 companies were dissolved in Norwich during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 1.8% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)NorwichUK
    201526889,523
    201427382,370
    % change-1.8%8.7%
    Record Year 2013 (298) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20158286100
    Closed companies in 2014859494
    % change-3.5%-8.5%6%
    Record Year2011 (108)2013 (108)2009 (142)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Norwich during the first quarter of 2015 (Jan 2015 - Mar 2015) was 386 companies.

    first quarter (Jan 2015 - Mar 2015)NorwichUK
    201538671,633
    201430768,352
    Record Year 2015 (386) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in net growth in Norwich when compared to any previous February.

    January 2015 saw a new record in net growth in Norwich when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015105121160
    Net growth in 20149179137
    Record Year2015 (105)2015 (121)2007 (167)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Norwich formed 0.4% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Norwich
    20150.4%
    20140.4%
    20130.3%
    20120.4%
    20110.3%
    Record Year (since 1960) 1991 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.4%0.4%0.4%
    UK formation share in 20140.4%0.4%0.4%
    % change4.2%10.2%2.6%
    Record Year1983 (0.6%)1983 (0.6%)1973 (0.8%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 45.3.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Norwich was in 2006 when 31.7% of all directors were female.

    25.2% of all director appointments in Norwich in the first quarter of 2015 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 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    NORFOLK1.52%CONSULTING5.23%
    NORWICH1.41%MANAGEMENT4.56%
    CONSULTANCY1.28%CONSULTANCY3.62%
    MANAGEMENT1.17%PROPERTY2.72%
    CONSULTING1.07%CONSTRUCTION2.19%
    HEALTHCARE0.93%CARE2.13%
    CARE0.93%ENGINEERING2.12%
    PROPERTY0.90%LONDON1.91%
    DEVELOPMENTS0.79%TRADING1.88%
    ELECTRICAL0.79%TRANSPORT1.82%
    ENGINEERING0.69%ELECTRICAL1.76%
    CONSULTANTS0.62%DESIGN1.65%
    EAST0.62%PROPERTIES1.63%
    TRADING0.59%CO.,1.58%
    ASSOCIATES0.59%J1.55%
    HEALTH0.55%CONSULTANTS1.54%
    D0.55%BUSINESS1.49%
    BUSINESS0.55%INVESTMENTS1.49%
    MARKETING0.55%GLOBAL1.46%
    ENERGY0.52%ASSOCIATES1.44%
    ENTERPRISES0.52%DEVELOPMENTS1.36%
    J0.48%BUILDING1.31%
    (NORWICH)0.48%IT1.30%
    (NORFOLK)0.48%MEDIA1.28%
    CONSTRUCTION0.48%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied745288,953
    82990 - Other business support service activities not elsewhere classified21758,522
    99999 - Dormant Company17349,474
    70229 - Management consultancy activities other than financial management17043,081
    62020 - Information technology consultancy activities11330,825
    74909 - Other professional, scientific and technical activities not elsewhere classified9419,098
    96090 - Other service activities not elsewhere classified7929,218
    86900 - Other human health activities6013,990
    41100 - Development of building projects5111,863
    68209 - Other letting and operating of own or leased real estate5111,600
    74990 - Non-trading company4913,794
    62090 - Other information technology service activities4312,862
    41202 - Construction of domestic buildings417,797
    43210 - Electrical installation406,139
    47910 - Retail sale via mail order houses or via Internet3910,200
    71129 - Other engineering activities376,278
    56302 - Public houses and bars346,355
    45200 - Maintenance and repair of motor vehicles335,392
    62012 - Business and domestic software development339,651
    96020 - Hairdressing and other beauty treatment336,815

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09372514 POWERED BY HAIKU LIMITED 05 Jan 2015
    09391448 J&J HANCOCK SERVICES LIMITED 15 Jan 2015
    09393565 MULTEK SERVICES LTD 16 Jan 2015
    09396907 P & R 1957 ENTERPRISES LTD 20 Jan 2015
    09413906 BRANKSOME PROPERTY COMPANY LTD 30 Jan 2015
    09388778 AB CONSULTANTS (NORWICH) LTD 14 Jan 2015
    09389138 A & S WELDING SERVICES LIMITED 14 Jan 2015
    09389534 QUATTRO HEALTHCARE LIMITED 15 Jan 2015
    09390025 EMERGENCY MED SERVICES LTD 15 Jan 2015
    09391642 AGENTIS AGRICULTURE LIMITED 15 Jan 2015
    09405489 SHERATON FACILITY SERVICES LIMITED 26 Jan 2015
    09408972 ALI ANDOS KEBAB (UK) LIMITED 27 Jan 2015
    09409380 3CM LIMITED 28 Jan 2015
    09382464 RODERICK RICHARDSON LIMITED 09 Jan 2015
    09382589 PLATINUM BRICKWEAVE LTD 12 Jan 2015
    09388492 THE BREAKFAST TEA COMPANY LIMITED 14 Jan 2015
    09400353 DIPPLE & CONWAY (HOLDINGS) LIMITED 21 Jan 2015
    09406489 ALI BABA KEBAB LIMITED 26 Jan 2015
    09407199 BUSHMAX LIMITED 26 Jan 2015
    09387761 KA COMMS LIMITED 14 Jan 2015
    09410580 RENI CARE LIMITED 28 Jan 2015
    09374308 LAFROS LTD 05 Jan 2015
    09384905 NORFOLK SAFETY CIC 12 Jan 2015
    09392757 FIRST LOCAL FUNDRAISING LTD 16 Jan 2015
    09393229 NORWICH BME CONSORTIUM 16 Jan 2015