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
New Company Registrations
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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) Norwich UK 2015 654 161,156 2014 580 150,722 % change 12.8% 6.9% Record Year 2015 (654) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 187 207 260 New companies in 2014 176 173 231 % change 6.3% 19.7% 12.6% Record Year 2015 (187) 2015 (207) 2015 (260)
Closed Companies (dissolved)
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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) Norwich UK 2015 268 89,523 2014 273 82,370 % change -1.8% 8.7% Record Year 2013 (298) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 82 86 100 Closed companies in 2014 85 94 94 % change -3.5% -8.5% 6% Record Year 2011 (108) 2013 (108) 2009 (142)
Net Company Growth
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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) Norwich UK 2015 386 71,633 2014 307 68,352 Record Year 2015 (386) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 105 121 160 Net growth in 2014 91 79 137 Record Year 2015 (105) 2015 (121) 2007 (167)
UK Company Share
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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 2015 0.4% 2014 0.4% 2013 0.3% 2012 0.4% 2011 0.3% Record Year (since 1960) 1991 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.4% 0.4% 0.4% UK formation share in 2014 0.4% 0.4% 0.4% % change 4.2% 10.2% 2.6% Record Year 1983 (0.6%) 1983 (0.6%) 1973 (0.8%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORFOLK 1.52% CONSULTING 5.23% NORWICH 1.41% MANAGEMENT 4.56% CONSULTANCY 1.28% CONSULTANCY 3.62% MANAGEMENT 1.17% PROPERTY 2.72% CONSULTING 1.07% CONSTRUCTION 2.19% HEALTHCARE 0.93% CARE 2.13% CARE 0.93% ENGINEERING 2.12% PROPERTY 0.90% LONDON 1.91% DEVELOPMENTS 0.79% TRADING 1.88% ELECTRICAL 0.79% TRANSPORT 1.82% ENGINEERING 0.69% ELECTRICAL 1.76% CONSULTANTS 0.62% DESIGN 1.65% EAST 0.62% PROPERTIES 1.63% TRADING 0.59% CO., 1.58% ASSOCIATES 0.59% J 1.55% HEALTH 0.55% CONSULTANTS 1.54% D 0.55% BUSINESS 1.49% BUSINESS 0.55% INVESTMENTS 1.49% MARKETING 0.55% GLOBAL 1.46% ENERGY 0.52% ASSOCIATES 1.44% ENTERPRISES 0.52% DEVELOPMENTS 1.36% J 0.48% BUILDING 1.31% (NORWICH) 0.48% IT 1.30% (NORFOLK) 0.48% MEDIA 1.28% CONSTRUCTION 0.48% M 1.27%
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 745 288,953 82990 - Other business support service activities not elsewhere classified 217 58,522 99999 - Dormant Company 173 49,474 70229 - Management consultancy activities other than financial management 170 43,081 62020 - Information technology consultancy activities 113 30,825 74909 - Other professional, scientific and technical activities not elsewhere classified 94 19,098 96090 - Other service activities not elsewhere classified 79 29,218 86900 - Other human health activities 60 13,990 41100 - Development of building projects 51 11,863 68209 - Other letting and operating of own or leased real estate 51 11,600 74990 - Non-trading company 49 13,794 62090 - Other information technology service activities 43 12,862 41202 - Construction of domestic buildings 41 7,797 43210 - Electrical installation 40 6,139 47910 - Retail sale via mail order houses or via Internet 39 10,200 71129 - Other engineering activities 37 6,278 56302 - Public houses and bars 34 6,355 45200 - Maintenance and repair of motor vehicles 33 5,392 62012 - Business and domestic software development 33 9,651 96020 - Hairdressing and other beauty treatment 33 6,815
Recent Companies
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Randomly selected companies from this quarter
reports
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