Thetford, Norfolk

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Thetford when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Thetford when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company registrations in Thetford when compared to any half year in history.
  • Q4 2014 saw a new record in company registrations in Thetford when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Thetford when compared to any previous December.
  • October 2014 saw a new record in company registrations in Thetford when compared to any previous October.
  • December 2014 saw a new record in company closures in Thetford when compared to any previous December.
  • November 2014 saw a new record in company closures in Thetford when compared to any previous November.

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. Annual Data (2014)

    2014 was a record year for company registrations in Thetford when compared to any year in history.

    A total of 221 companies were formed in Thetford in 2014. This total is 22.1% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearThetfordUK
    2014221582,051
    2013181529,363
    2012156491,893
    2011141452,870
    2010100400,358
    Record Year2014 (221)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Thetford when compared to any previous second half year.

    The second half of 2014 was a record second half year for company registrations in Thetford when compared to any half year in history.

    In the second half of 2014 a total of 113 companies were formed in Thetford. This figure is 43.0% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Thetford occurred in 2014 when a total of 113 were formed.

    Half Year (Jul-Dec)ThetfordUK
    2014113281,320
    201379259,931
    % change43.0%8.2%
    Record Year2014 (113)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Thetford when compared to any previous Q4.

    A total of 59 companies were registered in Thetford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 78.8% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)ThetfordUK
    201459137,906
    201333127,247
    % change78.8%8.4%
    Record Year 2014 (59) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Thetford when compared to any previous December.

    October 2014 saw a new record in company registrations in Thetford when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014251816
    New companies in 201313119
    % change92.3%63.6%77.8%
    Record Year2014 (25)2004 (20)2014 (16)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 144 companies were dissolved in Thetford in 2014. This total is 11.6% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearThetfordUK
    2014144367,937
    2013129332,213
    201290293,729
    2011131314,524
    2010132342,233
    Record Year2009 (173)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 72 companies were dissolved in Thetford. This figure is 2.9% higher than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Thetford occurred in 2010 when a total of 73 were closed.

    Half Year (Jul-Dec)ThetfordUK
    201472190,730
    201370177,021
    % change2.9%7.7%
    Record Year2010 (73)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 40 companies were dissolved in Thetford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 17.6% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)ThetfordUK
    20144089,060
    20133490,851
    % change17.6%-2.0%
    Record Year 2014 (40) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Thetford when compared to any previous December.

    November 2014 saw a new record in company closures in Thetford when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014111514
    Closed companies in 20131798
    % change-35.3%66.7%75%
    Record Year2013 (17)2014 (15)2014 (14)

Net Company Growth

  1. Annual Data (2014)

    A total of 77 companies were added to the company register for Thetford in 2014. This number represents growth of 34.8% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 25 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Thetford company register grew by 77 companies.

    YearThetfordUK
    201477214,114
    201352197,150
    201266198,164
    201110138,346
    2010-3258,125
    Record Year2014 (77)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Thetford increased by 41 companies.

    Half Year (Jul-Dec)ThetfordUK
    20144190,590
    2013982,910
    Record Year2002 (67)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Thetford during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 19 companies.

    fourth quarter (Oct 2014 - Dec 2014)ThetfordUK
    20141948,846
    2013-136,396
    Record Year 2014 (19) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141432
    Net growth in 2013-421
    Record Year2003 (15)2004 (12)2003 (7)

UK Company Share

  1. Annual Data (2014)

    In 2014 Thetford formed 0.0% of all UK companies. This is no change on 2013 when Thetford was responsible for 0.0% of all UK companies.

    YearThetford
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)2002 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Thetford formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Thetford
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2002 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Thetford formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Thetford
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1990 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.0%
    % change83.2%55.3%52.3%
    Record Year1990 (0.1%)1980 (0.2%)1990 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.2.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 44.0.

    The percentage of directors under the age of 25 was 7.4% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 41.8.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Thetford was 1984 when 100.0% of all directors were female.

    The percentage of female directors in Thetford in 2014 was 30.1%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Thetford was 2007 when 36.1% of all directors were female.

    27.6% of all director appointments in Thetford in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Thetford was in 2005 when 37.6% of all directors were female.

    26.1% of all director appointments in Thetford in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    NORFOLK1.61%CONSULTING5.22%
    MANAGEMENT1.61%MANAGEMENT4.58%
    THETFORD1.15%CONSULTANCY3.57%
    ENGINEERING0.92%PROPERTY2.66%
    ANGLIA0.69%CONSTRUCTION2.12%
    PROPERTY0.69%ENGINEERING2.10%
    LEISURE0.69%CARE2.02%
    J0.69%TRADING1.94%
    DEVELOPMENTS0.69%LONDON1.93%
    ROAD0.46%TRANSPORT1.93%
    EAST0.46%DESIGN1.66%
    MICHAEL0.46%CONSULTANTS1.64%
    DEAN0.46%ELECTRICAL1.62%
    ACCOUNTANCY0.46%PROPERTIES1.62%
    CITY0.46%BUSINESS1.56%
    PRODUCTIONS0.46%J1.54%
    BUILDERS0.46%CO.,1.50%
    C0.46%GLOBAL1.49%
    (HOLDINGS)0.46%INVESTMENTS1.48%
    DEVELOPMENT0.46%ASSOCIATES1.47%
    HOUSE0.46%DEVELOPMENTS1.35%
    CONSULTANCY0.46%MEDIA1.33%
    BRANDON0.46%IT1.31%
    CONSTRUCTION0.46%BUILDING1.29%
    INVENTURES0.46%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied95265,608
    70229 - Management consultancy activities other than financial management1242,290
    45200 - Maintenance and repair of motor vehicles115,425
    96090 - Other service activities not elsewhere classified1029,009
    96020 - Hairdressing and other beauty treatment96,742
    68209 - Other letting and operating of own or leased real estate811,212
    62020 - Information technology consultancy activities830,178
    70100 - Activities of head offices54,204
    43999 - Other specialised construction activities not elsewhere classified58,761
    47990 - Other retail sale not in stores, stalls or markets56,452
    99999 - Dormant Company548,509
    82990 - Other business support service activities not elsewhere classified558,068
    93290 - Other amusement and recreation activities not elsewhere classified52,590
    43220 - Plumbing, heat and air-conditioning installation55,189
    56103 - Take-away food shops and mobile food stands48,318
    47910 - Retail sale via mail order houses or via Internet410,107
    69201 - Accounting and auditing activities47,528
    71129 - Other engineering activities46,132
    74909 - Other professional, scientific and technical activities not elsewhere classified319,049
    74990 - Non-trading company313,984

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09248887 BAXALTA UK HOLDCO LIMITED 03 Oct 2014
    09248888 BAXALTA UK LIMITED 03 Oct 2014
    09251199 BRIDGE STREET SECURITIES LIMITED 06 Oct 2014
    09254096 KFS 2014 LIMITED 08 Oct 2014
    09255719 SHAPERS (GRAVESEND) LIMITED 09 Oct 2014
    09256908 THETFORD LEISURE LTD 09 Oct 2014
    09257772 PORTUGUESE OFFER LTD 10 Oct 2014
    09259021 IES (EAST ANGLIA) LIMITED 10 Oct 2014
    09266505 JD KLOCWORK LIMITED 16 Oct 2014
    09267792 AXIOM ESTATES LIMITED 16 Oct 2014
    09271961 COMTEK HOLDINGS (UK) LIMITED 20 Oct 2014
    09273150 MICHELLE WORKS LIMITED 21 Oct 2014
    09273526 HEAT DYNAMICS LIMITED 21 Oct 2014
    09273828 WATERSON PLUMBING & HEATING LIMITED 21 Oct 2014
    09279709 GODDARD SECURITY SOLUTIONS LTD 24 Oct 2014
    09287442 CATER EASY LIMITED 30 Oct 2014
    09289361 BASE 1 KARS LIMITED 31 Oct 2014
    09249039 JAKABE LTD 06 Oct 2014
    09254625 BOLT CONSTRUCTION LTD 08 Oct 2014
    09258676 SAFETRUCK LIMITED 10 Oct 2014
    09261289 J & J WHEELS LTD 13 Oct 2014
    09269422 S.R.B PROPERTY MAINTENANCE LTD 17 Oct 2014
    09271330 CUBE FITNESS LIMITED 20 Oct 2014
    09245521 WHITEBRIDGE FARM LIMITED 02 Oct 2014
    09259876 TIM FOTHERGILL PRODUCTIONS LIMITED 13 Oct 2014

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