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
New Company Registrations
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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.
Year Boston UK 2010 227 400,358 2009 198 362,675 2008 219 349,203 2007 230 457,649 2006 200 405,440 Record Year 2003 (253) 2007 (457,649) New Companies by Year
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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) Boston UK 2010 108 196,609 2009 83 180,654 % change 30.1% 8.8% Record Year 2003 (136) 2003 (201,446) New Companies by Half Year
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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) Boston UK 2010 52 95,117 2009 41 85,983 % change 26.8% 10.6% Record Year 2003 (66) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 19 19 14 New companies in 2009 12 20 9 % change 58.3% -5.0% 55.6% Record Year 2003 (33) 2009 (20) 2003 (18)
Closed Companies (dissolved)
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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.
Year Boston UK 2010 172 342,232 2009 264 533,773 2008 96 237,901 2007 126 220,295 2006 112 200,166 Record Year 2009 (264) 2009 (533,773) Dissolved Companies by Year
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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) Boston UK 2010 82 164,601 2009 100 244,537 % change -18.0% -32.7% Record Year 2009 (100) 2009 (244,537) Dissolved Companies by Half Year
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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) Boston UK 2010 43 76,896 2009 49 85,136 % change -12.2% -9.7% Record Year 2009 (49) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 16 16 11 Closed companies in 2009 11 12 26 % change 45.5% 33.3% -58% Record Year 2010 (16) 2010 (16) 2009 (26)
Net Company Growth
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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.
Year Boston UK 2010 55 58,126 2009 -66 -171,098 2008 123 111,302 2007 104 237,354 2006 88 205,274 Record Year 2003 (180) 2003 (242,543) Net Growth by Year
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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) Boston UK 2010 26 32,008 2009 -17 -63,883 Record Year 2003 (100) 2003 (117,772) Net Growth by Half Year
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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) Boston UK 2010 9 18,221 2009 -8 847 Record Year 2003 (46) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 3 3 3 Net growth in 2009 1 8 -17 Record Year 2003 (28) 2000 (13) 2003 (16)
UK Company Share
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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.
Year Boston 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.0% Record Year (since 1960) 1968 (0.2%) Company Share by Year
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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 2010 0.1% 2009 0.0% 2008 0.1% 2007 0.1% 2006 0.0% Record Year (since 1960) 1962 (0.2%) Company Share by Half Year
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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 2010 0.1% 2009 0.0% 2008 0.1% 2007 0.1% 2006 0.0% Record Year (since 1960) 1962 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.0% 0.1% 0.0% % change 38.8% -15.1% 47.9% Record Year 1962 (0.3%) 1974 (0.3%) 1962 (0.3%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BOSTON 2.11% CONSULTING 5.06% MANAGEMENT 2.11% MANAGEMENT 5.01% (BOSTON) 1.64% CONSULTANCY 3.14% LINCS 1.17% PROPERTY 2.36% C 0.94% TRADING 2.11% D 0.94% ASSOCIATES 1.95% SONS 0.94% DESIGN 1.92% T 0.94% BUSINESS 1.82% MOTORS 0.70% CONSTRUCTION 1.82% PROPERTIES 0.70% CONSULTANTS 1.76% CONTRACTORS 0.70% MEDIA 1.71% B 0.70% ENGINEERING 1.62% P 0.70% LONDON 1.60% DEVELOPMENTS 0.70% CARE 1.45% CONSTRUCTION 0.70% INVESTMENTS 1.44% HOLDINGS 0.70% GLOBAL 1.43% BUILDING 0.70% J 1.42% M 0.70% IT 1.41% LINCOLNSHIRE 0.70% PROPERTIES 1.34% ENGINEERING 0.70% INTERNATIONAL 1.34% CARS 0.70% BUILDING 1.34% SUPREME 0.47% M 1.30% NOBIS 0.47% ELECTRICAL 1.25% E 0.47% SYSTEMS 1.24% CAR 0.47% S 1.23%
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 115 199,572 99999 - Dormant Company 15 16,285 7487 - Other business activities 12 63,348 49410 - Freight transport by road 10 2,008 9999 - Dormant Company 10 20,144 0141 - Agricultural service activities 9 380 6024 - Freight transport by road 7 2,401 9305 - Other service activities 6 8,858 7450 - Labour recruitment 6 2,783 78200 - Temporary employment agency activities 6 992 5190 - Other wholesale 5 1,447 69102 - Solicitors 5 815 96090 - Other service activities not elsewhere classified 4 8,799 82990 - Other business support service activities not elsewhere classified 4 27,550 01110 - Growing of cereals (except rice), leguminous crops and oil seeds 4 178 68320 - Management of real estate on a fee or contract basis 4 3,097 70229 - Management consultancy activities other than financial management 4 14,505 55900 - Other accommodation 4 445 64999 - Financial intermediation not elsewhere classified 4 2,527 8512 - Medical practice activities 3 1,687
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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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