Lincoln, Lincolnshire
Q1 2014 Business Confidence Report
Headlines
- March 2014 saw a new record in company closures in Lincoln when compared to any previous March.
- February 2014 saw a new record in company closures in Lincoln when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 388 companies were registered in Lincoln during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 9.6% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Lincoln UK 2014 388 150,722 2013 429 134,802 % change -9.6% 11.8% Record Year 2007 (588) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
New Companies by Month
January February March New companies in 2014 128 131 129 New companies in 2013 134 136 159 % change -4.5% -3.7% -18.9% Record Year 2013 (134) 2013 (136) 2007 (467)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 299 companies were dissolved in Lincoln during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 118.2% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Lincoln UK 2014 299 82,370 2013 137 77,914 % change 118.2% 5.7% Record Year 2014 (299) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in company closures in Lincoln when compared to any previous March.
February 2014 saw a new record in company closures in Lincoln when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2014 100 97 102 Closed companies in 2013 70 29 38 % change 42.9% 234.5% 168% Record Year 2010 (111) 2014 (97) 2014 (102)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Lincoln during the first quarter of 2014 (Jan 2014 - Mar 2014) was 89 companies.
first quarter (Jan 2014 - Mar 2014) Lincoln UK 2014 89 68,352 2013 292 56,888 Record Year 2007 (496) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 28 34 27 Net growth in 2013 64 107 121 Record Year 2003 (79) 2013 (107) 2007 (440)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Lincoln formed 0.3% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Lincoln 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.2% Record Year (since 1960) 2007 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.3% 0.3% 0.2% UK formation share in 2013 0.3% 0.3% 0.3% % change -10.6% -11.1% -32.3% Record Year 2011 (0.3%) 1993 (0.3%) 2007 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 44.7.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Lincoln was in 2008 when 34.1% of all directors were female.
22.9% of all director appointments in Lincoln in the first quarter of 2014 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 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TRANSPORT 14.26% CONSULTING 5.22% DRIVING 5.23% MANAGEMENT 4.67% LOGISTICS 3.28% CONSULTANCY 3.49% HAULAGE 2.19% PROPERTY 2.64% LINCOLN 1.56% TRADING 2.05% J 1.48% LONDON 1.88% M 1.37% ENGINEERING 1.86% D 1.25% CARE 1.79% (LINCOLN) 1.21% CONSTRUCTION 1.75% S 1.17% DESIGN 1.75% MANAGEMENT 1.09% CONSULTANTS 1.73% P 0.94% BUSINESS 1.71% ENGINEERING 0.94% PROPERTIES 1.60% R 0.90% INVESTMENTS 1.60% C 0.78% GLOBAL 1.58% JOHN 0.70% J 1.48% LOGISTICAL 0.70% ASSOCIATES 1.48% CONSULTANCY 0.70% MEDIA 1.48% PAUL 0.66% IT 1.33% CONSULTING 0.66% TRANSPORT 1.30% G 0.66% DEVELOPMENTS 1.29% DRIVER 0.63% BUILDING 1.24% ELECTRICAL 0.59% M 1.21% N 0.59% CAPITAL 1.20% T 0.55% ELECTRICAL 1.19%
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 1,266 280,210 49410 - Freight transport by road 613 8,014 99999 - Dormant Company 124 47,084 82990 - Other business support service activities not elsewhere classified 91 56,411 70229 - Management consultancy activities other than financial management 80 37,882 86210 - General medical practice activities 70 3,987 86220 - Specialists medical practice activities 61 3,680 96090 - Other service activities not elsewhere classified 41 26,700 74909 - Other professional, scientific and technical activities not elsewhere classified 38 18,491 41100 - Development of building projects 31 9,855 43999 - Other specialised construction activities not elsewhere classified 27 8,155 47910 - Retail sale via mail order houses or via Internet 26 9,358 96020 - Hairdressing and other beauty treatment 26 6,236 62020 - Information technology consultancy activities 25 27,750 43220 - Plumbing, heat and air-conditioning installation 25 4,866 71129 - Other engineering activities 23 5,477 56302 - Public houses and bars 23 5,732 43210 - Electrical installation 20 5,885 62090 - Other information technology service activities 20 12,813 45200 - Maintenance and repair of motor vehicles 19 5,130
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08927316 LI FINANCIAL EDUCATION LIMITED 07 Mar 2014 08945106 NJS PLANT OPERATOR HIRE LTD 18 Mar 2014 08953290 SUPPORTING MINDS CIC 21 Mar 2014 08961893 ECO-REN PROPERTY SERVICES LTD 27 Mar 2014 08963263 VIGHNAHARA LIMITED 27 Mar 2014 08926389 STEVEN DRAY REMOTE MAINTENANCE LIMITED 06 Mar 2014 08957148 PENSION CALCULATOR LIMITED 25 Mar 2014 08959911 ENERVIS LTD 26 Mar 2014 08961280 DR V PATIL LIMITED 26 Mar 2014 08945491 PSSL DE LTD 18 Mar 2014 08964624 BALLOCH CONSULTING LIMITED 28 Mar 2014 08918352 PAUL WHISKER JOINERY & CONSTRUCTION LTD 03 Mar 2014 08923544 HALL MORTGAGES LIMITED 05 Mar 2014 08944549 STEVE'S CATERING LTD 18 Mar 2014 08948364 AMANDA COLEMAN JEWELLERY LIMITED 19 Mar 2014 08924517 BARRY BROWN TRANSPORT SERVICES LTD 05 Mar 2014 08924676 ANDREW 64 TRANSPORT LTD 05 Mar 2014 08925547 KAIWAN 1 LTD 06 Mar 2014 08928957 BLACK GOLD SAFETY LTD 07 Mar 2014 08930136 FISAC LIMITED 10 Mar 2014 08930503 SPRING GARDEN MANAGEMENT LTD 10 Mar 2014 08937079 KNAZEJE TRANSPORT LTD 13 Mar 2014 08944399 PHILOMENA'S LTD 18 Mar 2014 08945434 CREATIVE HOPE STUDIO LIMITED 18 Mar 2014 08946223 C ALLEN TM LTD 19 Mar 2014
reports
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