Boston, Lincolnshire

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company closures in Boston when compared to any previous November.
  • October 2010 saw a new record in company closures in Boston when compared to any previous October.

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 (2010)

    A total of 227 companies were formed in Boston in 2010. This total is 14.6% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearBostonUK
    2010227400,358
    2009198362,675
    2008219349,203
    2007230457,649
    2006200405,440
    Record Year2003 (253)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 108 companies were formed in Boston. This figure is 30.1% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Boston occurred in 2003 when a total of 136 were formed.

    Half Year (Jul-Dec)BostonUK
    2010108196,609
    200983180,654
    % change30.1%8.8%
    Record Year2003 (136)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 52 companies were registered in Boston during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 26.8% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)BostonUK
    20105295,117
    20094185,983
    % change26.8%10.6%
    Record Year 2003 (66) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010191914
    New companies in 200912209
    % change58.3%-5.0%55.6%
    Record Year2003 (33)2009 (20)2003 (18)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 172 companies were dissolved in Boston in 2010. This total is 34.8% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearBostonUK
    2010172342,232
    2009264533,773
    200896237,901
    2007126220,295
    2006112200,166
    Record Year2009 (264)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 82 companies were dissolved in Boston. This figure is 18.0% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Boston occurred in 2009 when a total of 100 were closed.

    Half Year (Jul-Dec)BostonUK
    201082164,601
    2009100244,537
    % change-18.0%-32.7%
    Record Year2009 (100)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 43 companies were dissolved in Boston during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 12.2% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)BostonUK
    20104376,896
    20094985,136
    % change-12.2%-9.7%
    Record Year 2009 (49) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Boston when compared to any previous November.

    October 2010 saw a new record in company closures in Boston when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010161611
    Closed companies in 2009111226
    % change45.5%33.3%-58%
    Record Year2010 (16)2010 (16)2009 (26)

Net Company Growth

  1. Annual Data (2010)

    A total of 55 companies were added to the company register for Boston in 2010. This number represents growth of 27.8% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 121 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Boston company register grew by 180 companies.

    YearBostonUK
    20105558,126
    2009-66-171,098
    2008123111,302
    2007104237,354
    200688205,274
    Record Year2003 (180)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Boston increased by 26 companies.

    Half Year (Jul-Dec)BostonUK
    20102632,008
    2009-17-63,883
    Record Year2003 (100)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Boston during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 9 companies.

    fourth quarter (Oct 2010 - Dec 2010)BostonUK
    2010918,221
    2009-8847
    Record Year 2003 (46) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010333
    Net growth in 200918-17
    Record Year2003 (28)2000 (13)2003 (16)

UK Company Share

  1. Annual Data (2010)

    In 2010 Boston formed 0.1% of all UK companies. This is no change on 2009 when Boston was responsible for 0.1% of all UK companies.

    YearBoston
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.0%
    Record Year (since 1960)1968 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Boston formed 0.1% of all UK companies. This is more than the 2009 figure of 0.0%.

    Half Year (Jul-Dec)Boston
    20100.1%
    20090.0%
    20080.1%
    20070.1%
    20060.0%
    Record Year (since 1960) 1962 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Boston formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Boston
    20100.1%
    20090.0%
    20080.1%
    20070.1%
    20060.0%
    Record Year (since 1960) 1962 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.0%0.1%0.0%
    % change38.8%-15.1%47.9%
    Record Year1962 (0.3%)1974 (0.3%)1962 (0.3%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.4.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 6.7% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 45.4.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 7.8% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 44.6.

    The percentage of directors under the age of 25 was 6.9% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Boston was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Boston in 2010 was 34.4%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Boston was 1860 when 42.9% of all directors were female.

    31.5% of all director appointments in Boston in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Boston was in 1977 when 31.1% of all directors were female.

    27.3% of all director appointments in Boston in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    BOSTON2.11%CONSULTING5.06%
    MANAGEMENT2.11%MANAGEMENT5.01%
    (BOSTON)1.64%CONSULTANCY3.14%
    LINCS1.17%PROPERTY2.36%
    C0.94%TRADING2.11%
    D0.94%ASSOCIATES1.95%
    SONS0.94%DESIGN1.92%
    T0.94%BUSINESS1.82%
    MOTORS0.70%CONSTRUCTION1.82%
    PROPERTIES0.70%CONSULTANTS1.76%
    CONTRACTORS0.70%MEDIA1.71%
    B0.70%ENGINEERING1.62%
    P0.70%LONDON1.60%
    DEVELOPMENTS0.70%CARE1.45%
    CONSTRUCTION0.70%INVESTMENTS1.44%
    HOLDINGS0.70%GLOBAL1.43%
    BUILDING0.70%J1.42%
    M0.70%IT1.41%
    LINCOLNSHIRE0.70%PROPERTIES1.34%
    ENGINEERING0.70%INTERNATIONAL1.34%
    CARS0.70%BUILDING1.34%
    SUPREME0.47%M1.30%
    NOBIS0.47%ELECTRICAL1.25%
    E0.47%SYSTEMS1.24%
    CAR0.47%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied115199,572
    99999 - Dormant Company1516,285
    7487 - Other business activities1263,348
    49410 - Freight transport by road102,008
    9999 - Dormant Company1020,144
    0141 - Agricultural service activities9380
    6024 - Freight transport by road72,401
    9305 - Other service activities68,858
    7450 - Labour recruitment62,783
    78200 - Temporary employment agency activities6992
    5190 - Other wholesale51,447
    69102 - Solicitors5815
    96090 - Other service activities not elsewhere classified48,799
    82990 - Other business support service activities not elsewhere classified427,550
    01110 - Growing of cereals (except rice), leguminous crops and oil seeds4178
    68320 - Management of real estate on a fee or contract basis43,097
    70229 - Management consultancy activities other than financial management414,505
    55900 - Other accommodation4445
    64999 - Financial intermediation not elsewhere classified42,527
    8512 - Medical practice activities31,687

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07452018 WOODLANDS FARM (KIRTON) LIMITED 26 Nov 2010
    07438030 ST BOOKKEEPING SERVICES LIMITED 12 Nov 2010
    07437867 HOLDFAST HAULAGE LIMITED 12 Nov 2010
    07452886 VEG-PLUS LIMITED 26 Nov 2010
    07451394 KLRAJ MEHTA LIMITED 25 Nov 2010
    07450890 BOSTON CATERING LIMITED 25 Nov 2010
    07448740 DEEP BLUE CHARTERS LIMITED 23 Nov 2010
    07448022 MARK REVELL CONTRACTORS LIMITED 23 Nov 2010
    07447078 ALEX GLENN POTATOES LIMITED 22 Nov 2010
    07446301 189 DAYS IN MAY LIMITED 22 Nov 2010
    07445668 HAVEN TRADING LIMITED 19 Nov 2010
    07445595 HAVEN PET FEEDS LIMITED 19 Nov 2010
    07443747 MASSEY PHOTOGRAPHY LIMITED 18 Nov 2010
    07440885 CARESAFE LIMITED 16 Nov 2010
    07439331 AURORA ENGINEERING SOLUTIONS LIMITED 15 Nov 2010
    07433982 FENLAND AGRI LTD 09 Nov 2010
    07430884 ST GEORGE'S PREPARATORY SCHOOL LIMITED 05 Nov 2010
    07430260 FEET FIRST FOOT SPAS LIMITED 04 Nov 2010
    07426634 LUIE LIMITED 02 Nov 2010

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