Boston, Lincolnshire
2011 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2011)
A total of 240 companies were formed in Boston in 2011. This total is 5.7% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Boston UK 2011 240 452,870 2010 227 400,358 2009 198 362,675 2008 219 349,203 2007 230 457,649 Record Year 2003 (253) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 111 companies were formed in Boston. This figure is 2.8% higher than last year, which compares badly to the UK wide figure of 14.0%.
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 2011 111 224,135 2010 108 196,609 % change 2.8% 14.0% Record Year 2003 (136) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 46 companies were registered in Boston during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 11.5% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Boston UK 2011 46 109,623 2010 52 95,117 % change -11.5% 15.3% Record Year 2003 (66) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 22 15 9 New companies in 2010 19 19 14 % change 15.8% -21.1% -35.7% Record Year 2003 (33) 2009 (20) 2003 (18)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 151 companies were dissolved in Boston in 2011. This total is 12.2% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Boston UK 2011 151 314,523 2010 172 342,232 2009 264 533,773 2008 96 237,901 2007 126 220,295 Record Year 2009 (264) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 75 companies were dissolved in Boston. This figure is 8.5% lower than last year, which compares well to the UK wide change of -7.5%.
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 2011 75 152,213 2010 82 164,601 % change -8.5% -7.5% Record Year 2009 (100) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 35 companies were dissolved in Boston during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 18.6% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Boston UK 2011 35 79,983 2010 43 76,896 % change -18.6% 4.0% Record Year 2009 (49) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 10 14 11 Closed companies in 2010 16 16 11 % change -37.5% -12.5% 0% Record Year 2010 (16) 2010 (16) 2009 (26)
Net Company Growth
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Annual Data (2011)
A total of 89 companies were added to the company register for Boston in 2011. This number represents growth of 39.2% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 34 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 2011 89 138,347 2010 55 58,126 2009 -66 -171,098 2008 123 111,302 2007 104 237,354 Record Year 2003 (180) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Boston increased by 36 companies.
Half Year (Jul-Dec) Boston UK 2011 36 71,922 2010 26 32,008 Record Year 2003 (100) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Boston during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 11 companies.
fourth quarter (Oct 2011 - Dec 2011) Boston UK 2011 11 29,640 2010 9 18,221 Record Year 2003 (46) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 12 1 -2 Net growth in 2010 3 3 3 Record Year 2003 (28) 2000 (13) 2003 (16)
UK Company Share
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Annual Data (2011)
In 2011 Boston formed 0.1% of all UK companies. This is no change on 2010 when Boston was responsible for 0.1% of all UK companies.
Year Boston 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1968 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Boston formed 0.0% of all UK companies. This is less than the 2010 figure of 0.1%.
Half Year (Jul-Dec) Boston 2011 0.0% 2010 0.1% 2009 0.0% 2008 0.1% 2007 0.1% Record Year (since 1960) 1962 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Boston formed 0.0% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Boston 2011 0.0% 2010 0.1% 2009 0.0% 2008 0.1% 2007 0.1% Record Year (since 1960) 1962 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.1% 0.0% 0.0% UK formation share in 2010 0.1% 0.1% 0.1% % change 0.5% -32.7% -43.0% Record Year 1962 (0.3%) 1974 (0.3%) 1962 (0.3%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 44.6.
The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 7.3% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 44.9.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 9.8% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 44.8.
The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 10.4% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 34.1%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Boston was 1860 when 42.9% of all directors were female.
25.3% of all director appointments in Boston in the second 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 (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Boston was in 1977 when 31.1% of all directors were female.
22.5% of all director appointments in Boston in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BOSTON 3.12% CONSULTING 5.07% (BOSTON) 2.45% MANAGEMENT 4.74% TRAINING 1.11% CONSULTANCY 3.26% S 1.11% PROPERTY 2.37% MANAGEMENT 1.11% TRADING 2.07% CARE 1.11% DESIGN 1.92% LINCOLNSHIRE 1.11% ASSOCIATES 1.86% BUILDING 1.11% ENGINEERING 1.78% FIREWOOD 0.89% BUSINESS 1.78% ENGINEERING 0.89% CONSULTANTS 1.76% HEATING 0.89% CONSTRUCTION 1.73% CONSULTING 0.89% MEDIA 1.71% LINCS 0.89% LONDON 1.63% TRADING 0.89% J 1.51% TAYLOR 0.89% INVESTMENTS 1.48% SYKES 0.89% GLOBAL 1.46% PROPERTY 0.67% IT 1.41% D 0.67% CARE 1.39% H 0.67% PROPERTIES 1.29% LABOUR 0.67% ELECTRICAL 1.29% HAIR 0.67% M 1.27% STAFFING 0.67% BUILDING 1.26% B 0.67% ENERGY 1.25% ASSOCIATES 0.67% S 1.20% PLUMBING 0.67% ENTERPRISES 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 121 205,525 7487 - Other business activities 13 57,052 99999 - Dormant Company 12 21,846 9999 - Dormant Company 9 20,199 70229 - Management consultancy activities other than financial management 9 17,765 9305 - Other service activities 9 9,492 96090 - Other service activities not elsewhere classified 8 11,768 49410 - Freight transport by road 7 2,392 68320 - Management of real estate on a fee or contract basis 6 3,194 74990 - Non-trading company 6 8,929 4521 - General construction & civil engineering 6 5,558 78200 - Temporary employment agency activities 6 1,128 8514 - Other human health activities 5 2,637 7414 - Business & management consultancy 5 13,034 86230 - Dental practice activities 5 1,598 82990 - Other business support service activities not elsewhere classified 5 32,483 6024 - Freight transport by road 5 2,280 64999 - Financial intermediation not elsewhere classified 4 2,946 01110 - Growing of cereals (except rice), leguminous crops and oil seeds 3 158 75000 - Veterinary activities 3 498
Recent Companies
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Randomly selected companies from this quarter
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