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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

  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. 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)BostonUK
    2011129228,735
    2010119203,749
    % change8.4%12.3%
    Record Year2011 (129)2007 (279,097)
    New Companies by Half Year
  2. 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)BostonUK
    201166112,344
    20105798,612
    % change15.8%13.9%
    Record Year 2011 (66) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    New Companies by Month
    AprilMayJune
    New companies in 2011182721
    New companies in 2010221322
    % change-18.2%107.7%-4.5%
    Record Year2005 (22)2007 (28)2010 (22)

Closed Companies (dissolved)

  1. 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)BostonUK
    201176162,310
    201090177,631
    % change-15.6%-8.6%
    Record Year2009 (164)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)BostonUK
    20113871,324
    20104994,954
    % change-22.4%-24.9%
    Record Year 2009 (88) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011121115
    Closed companies in 201081823
    % change50.0%-38.9%-35%
    Record Year2009 (28)2009 (34)2009 (26)

Net Company Growth

  1. 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)BostonUK
    20115366,425
    20102926,118
    Record Year2003 (80)2007 (171,296)
    Net Growth by Half Year
  2. 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)BostonUK
    20112841,020
    201083,658
    Record Year 2004 (36) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 20116166
    Net growth in 201014-5-1
    Record Year2007 (15)2003 (21)2008 (18)

UK Company Share

  1. 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
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.0%
    Record Year (since 1960) 1968 (0.4%)
    Company Share by Half Year
  2. 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
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1964 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.0%0.1%
    % change-20.8%63.5%-15.4%
    Record Year1964 (0.5%)1966 (0.2%)1968 (0.3%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2010-Jun 2011)

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

    wordpercentageuk worduk percentage
    BOSTON2.42%CONSULTING5.09%
    (BOSTON)1.54%MANAGEMENT4.86%
    ENGINEERING1.32%CONSULTANCY3.17%
    BUILDING1.32%PROPERTY2.43%
    MANAGEMENT1.10%TRADING2.05%
    SYKES0.88%DESIGN1.94%
    CARE0.88%ASSOCIATES1.92%
    LINCS0.88%BUSINESS1.87%
    TAYLOR0.88%CONSTRUCTION1.77%
    FIREWOOD0.88%CONSULTANTS1.76%
    LINCOLNSHIRE0.88%MEDIA1.73%
    K0.88%ENGINEERING1.67%
    CONTRACTORS0.88%LONDON1.60%
    TRAINING0.66%GLOBAL1.46%
    TRADING0.66%J1.44%
    LABOUR0.66%CARE1.44%
    C0.66%INVESTMENTS1.42%
    S0.66%IT1.39%
    HEATING0.66%BUILDING1.32%
    B0.66%PROPERTIES1.31%
    HOUSE0.66%ELECTRICAL1.30%
    M0.44%M1.27%
    ACADEMY0.44%S1.23%
    LETTINGS0.44%ENTERPRISES1.20%
    SECURITY0.44%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied126202,072
    99999 - Dormant Company1518,918
    7487 - Other business activities1260,758
    9999 - Dormant Company820,111
    70229 - Management consultancy activities other than financial management816,419
    49410 - Freight transport by road62,142
    0141 - Agricultural service activities6414
    5190 - Other wholesale61,404
    9305 - Other service activities69,063
    6024 - Freight transport by road62,316
    68320 - Management of real estate on a fee or contract basis63,095
    64999 - Financial intermediation not elsewhere classified52,739
    96090 - Other service activities not elsewhere classified510,322
    7450 - Labour recruitment42,304
    86230 - Dental practice activities41,407
    4521 - General construction & civil engineering45,928
    74990 - Non-trading company48,481
    86210 - General medical practice activities32,048
    85590 - Other education not elsewhere classified32,108
    7414 - Business & management consultancy313,053

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07605175 EURORHYTHM LIMITED 15 Apr 2011
    07615050 ENERTEC BUILDING SERVICES LTD 27 Apr 2011
    07612665 SIMPLEX DECORUS LIMITED 21 Apr 2011
    07611144 AMADEUS ENTERTAINMENT LTD 20 Apr 2011
    07610435 R HUTTON PLUMBING & HEATING LIMITED 20 Apr 2011
    07610075 FREEZE FAST LTD 19 Apr 2011
    07602558 ANGLING LINCS LTD 13 Apr 2011
    07599935 CITIZEN ID LIMITED 11 Apr 2011
    07599276 TR LINK LTD 11 Apr 2011
    07596686 ABBEY BC LIMITED 08 Apr 2011
    07596597 JA STAFFING LTD 08 Apr 2011
    07596293 KL WORKS LTD 07 Apr 2011
    07594986 PMB PERFORMANCE LIMITED 07 Apr 2011
    07592973 K.N.L HEATING (BOSTON) LTD 06 Apr 2011
    07592173 L'ITALIANO LTD 05 Apr 2011
    07592116 CC STAFFING LTD 05 Apr 2011
    07591898 CD NETWROK LTD 05 Apr 2011
    07589921 JO SELF ASSOCIATES LIMITED 04 Apr 2011

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