Boston, Lincolnshire
2011 Half Year Business Confidence Report
Headlines
- The first half of 2011 saw a new record in company registrations in Boston when compared to any previous first half year.
- Q2 2011 saw a new record in company registrations in Boston when compared to any previous Q2.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2011)
The first half of 2011 saw a new record in company registrations in Boston when compared to any previous first half year.
In the first half of 2011 a total of 129 companies were formed in Boston. This figure is 8.4% higher than last year, which compares badly to the UK wide figure of 12.3%.
The highest total for a first half year in Boston occurred in 2011 when a total of 129 were formed.
Half Year (Jan-Jun) Boston UK 2011 129 228,735 2010 119 203,749 % change 8.4% 12.3% Record Year 2011 (129) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Q2 2011 saw a new record in company registrations in Boston when compared to any previous Q2.
A total of 66 companies were registered in Boston during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is an increase of 15.8% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Boston UK 2011 66 112,344 2010 57 98,612 % change 15.8% 13.9% Record Year 2011 (66) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
New Companies by Month
April May June New companies in 2011 18 27 21 New companies in 2010 22 13 22 % change -18.2% 107.7% -4.5% Record Year 2005 (22) 2007 (28) 2010 (22)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 76 companies were dissolved in Boston. This figure is 15.6% lower than last year, which compares well to the UK wide change of -8.6%.
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 2011 76 162,310 2010 90 177,631 % change -15.6% -8.6% Record Year 2009 (164) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 38 companies were dissolved in Boston during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is a decrease of 22.4% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Boston UK 2011 38 71,324 2010 49 94,954 % change -22.4% -24.9% Record Year 2009 (88) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 12 11 15 Closed companies in 2010 8 18 23 % change 50.0% -38.9% -35% Record Year 2009 (28) 2009 (34) 2009 (26)
Net Company Growth
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 the company register for Boston increased by 53 companies.
Half Year (Jan-Jun) Boston UK 2011 53 66,425 2010 29 26,118 Record Year 2003 (80) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Net company growth for Boston during the second quarter of 2011 (Apr 2011 - Jun 2011) was 28 companies.
second quarter (Apr 2011 - Jun 2011) Boston UK 2011 28 41,020 2010 8 3,658 Record Year 2004 (36) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 6 16 6 Net growth in 2010 14 -5 -1 Record Year 2007 (15) 2003 (21) 2008 (18)
UK Company Share
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 Boston formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.
Half Year (Jan-Jun) Boston 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.0% Record Year (since 1960) 1968 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
In the second quarter of 2011, Boston formed 0.1% of all UK companies.
second quarter (Apr 2011 - Jun 2011) Boston 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1964 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.0% 0.1% % change -20.8% 63.5% -15.4% Record Year 1964 (0.5%) 1966 (0.2%) 1968 (0.3%)
Director Age
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Half Year Data (Jan-Jun 2011)
The average age of a director in the first half of 2011 was 44.3.
The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 3.2%.
The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The average age of a director in the second quarter of 2011 was 43.6.
The percentage of directors under the age of 25 was 8.4% compared to the UK figure of 3.4%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2011)
The record first half year for female directors in Boston was 1861 when 40.0% of all directors were female.
28.3% of all director appointments in Boston in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The record second quarter for female directors in Boston was in 1866 when 66.7% of all directors were female.
24.4% of all director appointments in Boston in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BOSTON 2.42% CONSULTING 5.09% (BOSTON) 1.54% MANAGEMENT 4.86% ENGINEERING 1.32% CONSULTANCY 3.17% BUILDING 1.32% PROPERTY 2.43% MANAGEMENT 1.10% TRADING 2.05% SYKES 0.88% DESIGN 1.94% CARE 0.88% ASSOCIATES 1.92% LINCS 0.88% BUSINESS 1.87% TAYLOR 0.88% CONSTRUCTION 1.77% FIREWOOD 0.88% CONSULTANTS 1.76% LINCOLNSHIRE 0.88% MEDIA 1.73% K 0.88% ENGINEERING 1.67% CONTRACTORS 0.88% LONDON 1.60% TRAINING 0.66% GLOBAL 1.46% TRADING 0.66% J 1.44% LABOUR 0.66% CARE 1.44% C 0.66% INVESTMENTS 1.42% S 0.66% IT 1.39% HEATING 0.66% BUILDING 1.32% B 0.66% PROPERTIES 1.31% HOUSE 0.66% ELECTRICAL 1.30% M 0.44% M 1.27% ACADEMY 0.44% S 1.23% LETTINGS 0.44% ENTERPRISES 1.20% SECURITY 0.44% SYSTEMS 1.20%
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 126 202,072 99999 - Dormant Company 15 18,918 7487 - Other business activities 12 60,758 9999 - Dormant Company 8 20,111 70229 - Management consultancy activities other than financial management 8 16,419 49410 - Freight transport by road 6 2,142 0141 - Agricultural service activities 6 414 5190 - Other wholesale 6 1,404 9305 - Other service activities 6 9,063 6024 - Freight transport by road 6 2,316 68320 - Management of real estate on a fee or contract basis 6 3,095 64999 - Financial intermediation not elsewhere classified 5 2,739 96090 - Other service activities not elsewhere classified 5 10,322 7450 - Labour recruitment 4 2,304 86230 - Dental practice activities 4 1,407 4521 - General construction & civil engineering 4 5,928 74990 - Non-trading company 4 8,481 86210 - General medical practice activities 3 2,048 85590 - Other education not elsewhere classified 3 2,108 7414 - Business & management consultancy 3 13,053
Recent Companies
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Randomly selected companies from this quarter
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