Boston, Lincolnshire
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Boston when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Boston when compared to any previous second half year.
- The second half of 2013 was a record second half year for company registrations in Boston when compared to any half year in history.
- Q4 2013 saw a new record in company registrations in Boston when compared to any previous Q4.
- December 2013 saw a new record in company registrations in Boston when compared to any previous December.
- November 2013 saw a new record in company registrations in Boston when compared to any previous November.
- October 2013 saw a new record in company registrations in Boston when compared to any previous October.
- October 2013 was a record month for company registrations in Boston when compared to any month in history.
- The second half of 2013 saw a new record in company closures in Boston when compared to any previous second half year.
- November 2013 saw a new record in company closures in Boston when compared to any previous November.
- October 2013 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 (2013)
2013 was a record year for company registrations in Boston when compared to any year in history.
A total of 320 companies were formed in Boston in 2013. This total is 15.1% higher than in 2012 and compares favourably to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Boston UK 2013 320 529,363 2012 278 491,893 2011 240 452,870 2010 227 400,358 2009 198 362,675 Record Year 2013 (320) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Boston when compared to any previous second half year.
The second half of 2013 was a record second half year for company registrations in Boston when compared to any half year in history.
In the second half of 2013 a total of 175 companies were formed in Boston. This figure is 28.7% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Boston occurred in 2013 when a total of 175 were formed.
Half Year (Jul-Dec) Boston UK 2013 175 259,931 2012 136 238,743 % change 28.7% 8.9% Record Year 2013 (175) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in Boston when compared to any previous Q4.
A total of 84 companies were registered in Boston during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 29.2% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Boston UK 2013 84 127,247 2012 65 119,875 % change 29.2% 6.1% Record Year 2013 (84) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company registrations in Boston when compared to any previous December.
November 2013 saw a new record in company registrations in Boston when compared to any previous November.
October 2013 saw a new record in company registrations in Boston when compared to any previous October.
October 2013 was a record month for company registrations in Boston when compared to any month in history.
New Companies by Month
October November December New companies in 2013 42 23 19 New companies in 2012 28 21 16 % change 50.0% 9.5% 18.8% Record Year 2013 (42) 2013 (23) 2013 (19)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 200 companies were dissolved in Boston in 2013. This total is 20.5% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Boston UK 2013 200 332,213 2012 166 293,729 2011 151 314,524 2010 172 342,233 2009 264 533,789 Record Year 2009 (264) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company closures in Boston when compared to any previous second half year.
In the second half of 2013 a total of 116 companies were dissolved in Boston. This figure is 45.0% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in Boston occurred in 2013 when a total of 116 were closed.
Half Year (Jul-Dec) Boston UK 2013 116 177,021 2012 80 145,935 % change 45.0% 21.3% Record Year 2013 (116) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 66 companies were dissolved in Boston during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 20.0% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Boston UK 2013 66 90,851 2012 55 70,027 % change 20.0% 29.7% Record Year 2013 (66) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company closures in Boston when compared to any previous November.
October 2013 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 2013 32 20 14 Closed companies in 2012 26 20 9 % change 23.1% 0.0% 56% Record Year 2013 (32) 2012 (20) 2009 (26)
Net Company Growth
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Annual Data (2013)
A total of 120 companies were added to the company register for Boston in 2013. This number represents growth of 37.5% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 8 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2008 when the Boston company register grew by 123 companies.
Year Boston UK 2013 120 197,150 2012 112 198,164 2011 89 138,346 2010 55 58,125 2009 -66 -171,114 Record Year 2008 (123) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Boston increased by 59 companies.
Half Year (Jul-Dec) Boston UK 2013 59 82,910 2012 56 92,808 Record Year 2003 (100) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Boston during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 18 companies.
fourth quarter (Oct 2013 - Dec 2013) Boston UK 2013 18 36,396 2012 10 49,848 Record Year 2008 (23) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 10 3 5 Net growth in 2012 2 1 7 Record Year 2003 (28) 2000 (13) 2003 (16)
UK Company Share
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Annual Data (2013)
In 2013 Boston formed 0.1% of all UK companies. This is no change on 2012 when Boston was responsible for 0.1% of all UK companies.
Year Boston 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Boston formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) Boston 2013 0.1% 2012 0.1% 2011 0.0% 2010 0.1% 2009 0.0% Record Year (since 1960) 2003 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Boston formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Boston 2013 0.1% 2012 0.1% 2011 0.0% 2010 0.1% 2009 0.0% Record Year (since 1960) 1995 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.0% 0.1% % change 39.3% 7.7% 8.1% Record Year 1995 (0.1%) 2000 (0.1%) 1982 (0.1%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.8.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 43.8.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 42.7.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Boston was 1977 when 100.0% of all directors were female.
The percentage of female directors in Boston in 2013 was 28.0%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Boston was 2006 when 36.7% of all directors were female.
30.3% of all director appointments in Boston in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Boston was in 2006 when 37.3% of all directors were female.
28.5% of all director appointments in Boston in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BOSTON 3.59% CONSULTING 5.22% TRANSPORT 1.71% MANAGEMENT 4.72% MANAGEMENT 1.54% CONSULTANCY 3.45% M 1.03% PROPERTY 2.59% TRANS 1.03% TRADING 2.08% CONSULTANCY 0.85% ENGINEERING 1.87% HOTEL 0.85% LONDON 1.86% PROPERTIES 0.85% DESIGN 1.76% J 0.68% CONSTRUCTION 1.73% CONSULTING 0.68% CARE 1.73% CATERING 0.68% BUSINESS 1.71% D 0.68% CONSULTANTS 1.68% P 0.68% GLOBAL 1.58% MARKETING 0.68% INVESTMENTS 1.56% (LINCS) 0.68% PROPERTIES 1.54% (BOSTON) 0.51% ASSOCIATES 1.53% LINCS 0.51% J 1.51% ZYRA 0.51% MEDIA 1.50% TRADING 0.51% IT 1.35% ENTERPRISES 0.51% DEVELOPMENTS 1.23% FURNITURE 0.51% M 1.23% KIRTON 0.51% BUILDING 1.21% LINCOLNSHIRE 0.51% ELECTRICAL 1.20% HEATING 0.51% CAPITAL 1.19% BAR 0.51% ENERGY 1.14%
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 132 266,814 99999 - Dormant Company 32 46,762 49410 - Freight transport by road 20 7,333 45200 - Maintenance and repair of motor vehicles 11 4,987 78200 - Temporary employment agency activities 9 1,907 70229 - Management consultancy activities other than financial management 8 36,164 68100 - Buying and selling of own real estate 8 5,656 96020 - Hairdressing and other beauty treatment 8 6,000 45112 - Sale of used cars and light motor vehicles 7 3,044 56302 - Public houses and bars 7 5,503 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 7 3,540 74990 - Non-trading company 6 14,223 86900 - Other human health activities 6 9,543 56101 - Licensed restaurants 6 7,685 96090 - Other service activities not elsewhere classified 6 26,001 43220 - Plumbing, heat and air-conditioning installation 6 4,687 47990 - Other retail sale not in stores, stalls or markets 6 5,800 86220 - Specialists medical practice activities 6 3,561 49320 - Taxi operation 6 1,617 74909 - Other professional, scientific and technical activities not elsewhere classified 6 18,034
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08803199 KEPAX TRANS LTD 05 Dec 2013 08826138 HS INFORMATION TECHNOLOGIES LIMITED 27 Dec 2013 08797668 PRESTIGIOUS CONCRETES LIMITED 02 Dec 2013 08800484 WYBERTON SPORTS & SOCIAL CLUB LIMITED 03 Dec 2013 08803386 EUROPE TYRES LIMITED 05 Dec 2013 08809878 SANDYC SERVICES LTD 11 Dec 2013 08813808 IASA TRANSPORT LIMITED 13 Dec 2013 08814024 TAX CONSULTING (U.K.) LTD 13 Dec 2013 08816020 AIJA CLEANING LIMITED 16 Dec 2013 08816053 GINTS REMOVAL LIMITED 16 Dec 2013 08821823 LEALAND HOMES LIMITED 19 Dec 2013 08821889 AMERICAN ARTISTE LIMITED 19 Dec 2013 08827681 IONESCU TRANSPORT LIMITED 30 Dec 2013 08828071 CELESTRA CONSULTING LTD 31 Dec 2013 08828232 ALEKS REMOVAL SERVICES LIMITED 31 Dec 2013 08799864 REGAL APPLIANCES LTD 03 Dec 2013 08809308 BE & JO LIMITED 10 Dec 2013 08821250 SOFA CITY LTD 19 Dec 2013 08826501 GERMAN TYRE WAREHOUSE (UK) LTD 27 Dec 2013
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