Boston, Lincolnshire
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in Boston when compared to any year in history.
- November 2012 saw a new record in company registrations in Boston when compared to any previous November.
- Q4 2012 saw a new record in company closures in Boston when compared to any previous Q4.
- November 2012 saw a new record in company closures in Boston when compared to any previous November.
- October 2012 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 (2012)
2012 was a record year for company registrations in Boston when compared to any year in history.
A total of 278 companies were formed in Boston in 2012. This total is 15.8% higher than in 2011 and compares favourably to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Boston UK 2012 278 491,893 2011 240 452,870 2010 227 400,358 2009 198 362,675 2008 219 349,203 Record Year 2012 (278) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 136 companies were formed in Boston. This figure is 22.5% higher than last year, which compares well to the UK wide figure of 6.5%.
The highest total for a second half year in Boston occurred in 2012 when a total of 136 were formed.
Half Year (Jul-Dec) Boston UK 2012 136 238,743 2011 111 224,135 % change 22.5% 6.5% Record Year 2012 (136) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 65 companies were registered in Boston during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 41.3% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Boston UK 2012 65 119,875 2011 46 109,623 % change 41.3% 9.4% Record Year 2003 (66) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
November 2012 saw a new record in company registrations in Boston when compared to any previous November.
New Companies by Month
October November December New companies in 2012 28 21 16 New companies in 2011 22 15 9 % change 27.3% 40.0% 77.8% Record Year 2003 (33) 2012 (21) 2003 (18)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 166 companies were dissolved in Boston in 2012. This total is 9.9% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Boston UK 2012 166 293,728 2011 151 314,524 2010 172 342,233 2009 264 533,787 2008 96 237,873 Record Year 2009 (264) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 80 companies were dissolved in Boston. This figure is 6.7% higher than last year, which compares badly to the UK wide change of -4.1%.
The highest total for a second half year in Boston occurred in 2009 when a total of 101 were closed.
Half Year (Jul-Dec) Boston UK 2012 80 145,934 2011 75 152,213 % change 6.7% -4.1% Record Year 2009 (101) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company closures in Boston when compared to any previous Q4.
A total of 55 companies were dissolved in Boston during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 57.1% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Boston UK 2012 55 70,026 2011 35 79,983 % change 57.1% -12.4% Record Year 2012 (55) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
November 2012 saw a new record in company closures in Boston when compared to any previous November.
October 2012 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 2012 26 20 9 Closed companies in 2011 10 14 11 % change 160.0% 42.9% -18% Record Year 2012 (26) 2012 (20) 2009 (26)
Net Company Growth
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Annual Data (2012)
A total of 112 companies were added to the company register for Boston in 2012. This number represents growth of 46.7% in the total number of active companies, which compares favourably to the UK figure of 43.8%.
This number is 23 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 2012 112 198,165 2011 89 138,346 2010 55 58,125 2009 -66 -171,112 2008 123 111,330 Record Year 2003 (180) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Boston increased by 56 companies.
Half Year (Jul-Dec) Boston UK 2012 56 92,809 2011 36 71,922 Record Year 2003 (100) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Boston during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 10 companies.
fourth quarter (Oct 2012 - Dec 2012) Boston UK 2012 10 49,849 2011 11 29,640 Record Year 2003 (46) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 2 1 7 Net growth in 2011 12 1 -2 Record Year 2003 (28) 2000 (13) 2003 (16)
UK Company Share
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Annual Data (2012)
In 2012 Boston formed 0.1% of all UK companies. This is no change on 2011 when Boston was responsible for 0.1% of all UK companies.
Year Boston 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1968 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Boston formed 0.1% of all UK companies. This is more than the 2011 figure of 0.0%.
Half Year (Jul-Dec) Boston 2012 0.1% 2011 0.0% 2010 0.1% 2009 0.0% 2008 0.1% Record Year (since 1960) 1962 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Boston formed 0.1% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Boston 2012 0.1% 2011 0.0% 2010 0.1% 2009 0.0% 2008 0.1% Record Year (since 1960) 1962 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.1% 0.0% 0.1% UK formation share in 2011 0.1% 0.0% 0.0% % change 7.0% 33.3% 73.1% Record Year 1962 (0.3%) 1974 (0.3%) 1962 (0.3%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 47.3.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 7.5% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 48.0.
The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 10.3% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 50.5.
The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 11.9% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Boston was 1860 when 35.7% of all directors were female.
The percentage of female directors in Boston in 2012 was 35.9%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Boston was 1860 when 42.9% of all directors were female.
32.0% of all director appointments in Boston in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Boston was in 1977 when 31.2% of all directors were female.
37.2% of all director appointments in Boston in the fourth quarter of 2012 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 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BOSTON 2.29% CONSULTING 5.15% (BOSTON) 1.52% MANAGEMENT 4.78% LINCS 1.14% CONSULTANCY 3.31% MARKETING 1.14% PROPERTY 2.40% ANGELS 1.14% TRADING 2.03% TRANSPORT 0.95% DESIGN 1.86% LINCOLNSHIRE 0.95% ASSOCIATES 1.82% J 0.95% ENGINEERING 1.79% INVESTMENTS 0.95% BUSINESS 1.76% E 0.76% CONSULTANTS 1.75% TYRES 0.76% CONSTRUCTION 1.69% PRODUCE 0.76% LONDON 1.69% MEDISPA 0.76% MEDIA 1.69% SPECIALITY 0.76% GLOBAL 1.59% HIRE 0.76% J 1.57% CENTRE 0.57% INVESTMENTS 1.46% CAR 0.57% IT 1.43% CONSULTING 0.57% CARE 1.39% BAR 0.57% PROPERTIES 1.34% DIRECT 0.57% M 1.26% MOTORS 0.57% BUILDING 1.23% S 0.57% ENTERPRISES 1.21% T 0.57% TRAINING 1.18% JAMES 0.57% ELECTRICAL 1.17% FLOWERS 0.57% SECURITY 1.17%
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 115 236,139 99999 - Dormant Company 30 40,648 96090 - Other service activities not elsewhere classified 15 22,058 49410 - Freight transport by road 10 5,165 70229 - Management consultancy activities other than financial management 10 30,396 86900 - Other human health activities 9 7,866 68100 - Buying and selling of own real estate 9 4,752 82990 - Other business support service activities not elsewhere classified 8 52,427 78200 - Temporary employment agency activities 8 1,721 74990 - Non-trading company 7 13,808 74909 - Other professional, scientific and technical activities not elsewhere classified 6 15,572 86230 - Dental practice activities 6 2,378 4521 - General construction & civil engineering 5 1,024 93290 - Other amusement and recreation activities not elsewhere classified 5 2,484 47990 - Other retail sale not in stores, stalls or markets 5 4,829 43220 - Plumbing, heat and air-conditioning installation 5 4,045 86220 - Specialists medical practice activities 5 2,896 96020 - Hairdressing and other beauty treatment 4 4,759 68320 - Management of real estate on a fee or contract basis 4 4,936 85590 - Other education not elsewhere classified 4 4,677
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08290462 FENCE MAGIC LIMITED 12 Nov 2012 08300108 DE ANGELIS DRIVERS LTD 20 Nov 2012 08301485 CHRISTIANMJ LIMITED 21 Nov 2012 08309866 WSTSO LIMITED 27 Nov 2012 08277391 HWS (BOSTON) LTD 01 Nov 2012 08281448 DR JACOB LTD 05 Nov 2012 08288451 CRACKAJACKS LTD 09 Nov 2012 08291235 HOME WORKS (BOSTON) LTD 13 Nov 2012 08292883 EME SUBSTATION SERVICES LTD 14 Nov 2012 08296990 OLDRID (NORTH LINCOLNSHIRE) LIMITED 16 Nov 2012 08308060 KACHARI LIMITED 26 Nov 2012 08310728 TK LABOUR LTD 28 Nov 2012 08311949 RUBBERDRIVE LIMITED 29 Nov 2012 08312055 T&K TRAVEL LTD 29 Nov 2012 08312110 T&K CONTRACTS LTD 29 Nov 2012 08314056 BOSTON GRAMMAR SCHOOL 30 Nov 2012 08314283 BOSTON HIGH SCHOOL 30 Nov 2012 08283833 RAJ ON-CALL LTD 07 Nov 2012 08297571 LPC ENGINEERING LTD 19 Nov 2012 08305510 RED HOUSE ANTIQUES LTD 23 Nov 2012 08315026 LEISURE UNLIMITED LIMITED 30 Nov 2012
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