Boston, Lincolnshire
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company registrations in Boston when compared to any previous June.
- April 2010 saw a new record in company registrations in Boston when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 119 companies were formed in Boston. This figure is 3.5% higher than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Boston occurred in 2007 when a total of 128 were formed.
Half Year (Jan-Jun) Boston UK 2010 119 203,749 2009 115 182,021 % change 3.5% 11.9% Record Year 2007 (128) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 57 companies were registered in Boston during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 8.1% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Boston UK 2010 57 98,612 2009 62 90,987 % change -8.1% 8.4% Record Year 2009 (62) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Boston when compared to any previous June.
April 2010 saw a new record in company registrations in Boston when compared to any previous April.
New Companies by Month
April May June New companies in 2010 22 13 22 New companies in 2009 18 23 21 % change 22.2% -43.5% 4.8% Record Year 2010 (22) 2007 (28) 2010 (22)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 90 companies were dissolved in Boston. This figure is 45.1% lower than last year, which compares well to the UK wide change of -38.6%.
The highest total for a first half year in Boston occurred in 2009 when a total of 164 were closed.
Half Year (Jan-Jun) Boston UK 2010 90 177,631 2009 164 289,236 % change -45.1% -38.6% Record Year 2009 (164) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 49 companies were dissolved in Boston during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 44.3% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Boston UK 2010 49 94,954 2009 88 181,176 % change -44.3% -47.6% Record Year 2009 (88) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 8 18 23 Closed companies in 2009 28 34 26 % change -71.4% -47.1% -12% Record Year 2009 (28) 2009 (34) 2009 (26)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Boston increased by 29 companies.
Half Year (Jan-Jun) Boston UK 2010 29 26,118 2009 -49 -107,215 Record Year 2003 (80) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Boston during the second quarter of 2010 (Apr 2010 - Jun 2010) was 8 companies.
second quarter (Apr 2010 - Jun 2010) Boston UK 2010 8 3,658 2009 -26 -90,189 Record Year 2004 (36) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 14 -5 -1 Net growth in 2009 -10 -11 -5 Record Year 2007 (15) 2003 (21) 2008 (18)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Boston formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) Boston 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.0% 2006 0.1% Record Year (since 1960) 1968 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Boston formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Boston 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.0% Record Year (since 1960) 1964 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.0% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 12.5% -46.1% -5.7% Record Year 1964 (0.5%) 1966 (0.2%) 1968 (0.3%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 45.3.
The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 45.5.
The percentage of directors under the age of 25 was 7.2% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 7.2% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Boston was 1857 when 40.0% of all directors were female.
26.0% of all director appointments in Boston in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Boston was in 1866 when 66.7% of all directors were female.
29.8% of all director appointments in Boston in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (BOSTON) 2.37% MANAGEMENT 5.01% BOSTON 2.11% CONSULTING 4.79% MANAGEMENT 1.84% CONSULTANCY 3.02% D 1.58% PROPERTY 2.40% DEVELOPMENTS 1.05% ASSOCIATES 2.02% P 1.05% TRADING 2.01% R 1.05% DESIGN 1.91% CONSULTANCY 1.05% CONSTRUCTION 1.85% LINCS 1.05% MEDIA 1.80% T 1.05% BUSINESS 1.75% RECRUITMENT 1.05% CONSULTANTS 1.71% SONS 1.05% INTERNATIONAL 1.59% LINCOLNSHIRE 1.05% ENGINEERING 1.56% FT 0.79% LONDON 1.52% S 0.79% INVESTMENTS 1.49% CARS 0.79% J 1.46% M 0.79% CARE 1.41% G 0.79% GLOBAL 1.39% B 0.79% PROPERTIES 1.35% CONSTRUCTION 0.79% BUILDING 1.33% MEDICAL 0.53% M 1.29% CLARKE 0.53% IT 1.28% (LINCS) 0.53% ELECTRICAL 1.27% GREEN 0.53% GROUP 1.25% WHEELS 0.53% DEVELOPMENTS 1.25%
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 114 207,125 7487 - Other business activities 17 68,525 99999 - Dormant Company 13 14,342 9999 - Dormant Company 13 19,842 6024 - Freight transport by road 11 2,960 49410 - Freight transport by road 10 1,954 0141 - Agricultural service activities 9 387 69102 - Solicitors 5 726 7450 - Labour recruitment 5 3,248 7260 - Other computer related activities 5 9,122 5010 - Sale of motor vehicles 5 1,108 78200 - Temporary employment agency activities 5 888 70229 - Management consultancy activities other than financial management 5 13,490 68320 - Management of real estate on a fee or contract basis 5 3,070 9305 - Other service activities 5 8,822 5530 - Restaurants 5 4,879 7499 - Non-trading company 5 13,997 5190 - Other wholesale 5 1,474 43210 - Electrical installation 4 2,859 01110 - Growing of cereals (except rice), leguminous crops and oil seeds 4 176
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07266952 WOODS BROTHERS LIMITED 27 May 2010 07267201 HOBHOLE FARMING LIMITED 27 May 2010 07256457 CEA CONSTRUCTION LIMITED 18 May 2010 07256015 R&I MANAGEMENT LIMITED 17 May 2010 07254733 SUNLEE LIMITED 14 May 2010 07253653 NICS PLUS LIMITED 14 May 2010 07251924 KANC & JU LIMITED 12 May 2010 07248172 LINCWEB DESIGN LIMITED 10 May 2010 07245583 INDUSTRY INVESTMENTS SOUTH WESTERN LIMITED 06 May 2010 07241882 BRIGHT SMILE STUDIO LIMITED 04 May 2010 07257411 SHOESTRING DEVELOPMENTS LIMITED 18 May 2010 07251699 STICKNEY DEVELOPMENTS LIMITED 12 May 2010 07247232 THE AMERICAN FIFTHWHEEL COMPANY LIMITED 10 May 2010
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