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

  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. 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.

    YearBostonUK
    2013320529,363
    2012278491,893
    2011240452,870
    2010227400,358
    2009198362,675
    Record Year2013 (320)2013 (529,363)
    New Companies by Year
  2. 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)BostonUK
    2013175259,931
    2012136238,743
    % change28.7%8.9%
    Record Year2013 (175)2013 (259,931)
    New Companies by Half Year
  3. 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)BostonUK
    201384127,247
    201265119,875
    % change29.2%6.1%
    Record Year 2013 (84) 2013 (127,247)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2013422319
    New companies in 2012282116
    % change50.0%9.5%18.8%
    Record Year2013 (42)2013 (23)2013 (19)

Closed Companies (dissolved)

  1. 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.

    YearBostonUK
    2013200332,213
    2012166293,729
    2011151314,524
    2010172342,233
    2009264533,789
    Record Year2009 (264)2009 (533,789)
    Dissolved Companies by Year
  2. 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)BostonUK
    2013116177,021
    201280145,935
    % change45.0%21.3%
    Record Year2013 (116)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)BostonUK
    20136690,851
    20125570,027
    % change20.0%29.7%
    Record Year 2013 (66) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2013322014
    Closed companies in 201226209
    % change23.1%0.0%56%
    Record Year2013 (32)2012 (20)2009 (26)

Net Company Growth

  1. 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.

    YearBostonUK
    2013120197,150
    2012112198,164
    201189138,346
    20105558,125
    2009-66-171,114
    Record Year2008 (123)2007 (237,353)
    Net Growth by Year
  2. 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)BostonUK
    20135982,910
    20125692,808
    Record Year2003 (100)2003 (117,772)
    Net Growth by Half Year
  3. 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)BostonUK
    20131836,396
    20121049,848
    Record Year 2008 (23) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20131035
    Net growth in 2012217
    Record Year2003 (28)2000 (13)2003 (16)

UK Company Share

  1. 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.

    YearBoston
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960)2003 (0.1%)
    Company Share by Year
  2. 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
    20130.1%
    20120.1%
    20110.0%
    20100.1%
    20090.0%
    Record Year (since 1960) 2003 (0.1%)
    Company Share by Half Year
  3. 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
    20130.1%
    20120.1%
    20110.0%
    20100.1%
    20090.0%
    Record Year (since 1960) 1995 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.0%0.1%
    % change39.3%7.7%8.1%
    Record Year1995 (0.1%)2000 (0.1%)1982 (0.1%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    BOSTON3.59%CONSULTING5.22%
    TRANSPORT1.71%MANAGEMENT4.72%
    MANAGEMENT1.54%CONSULTANCY3.45%
    M1.03%PROPERTY2.59%
    TRANS1.03%TRADING2.08%
    CONSULTANCY0.85%ENGINEERING1.87%
    HOTEL0.85%LONDON1.86%
    PROPERTIES0.85%DESIGN1.76%
    J0.68%CONSTRUCTION1.73%
    CONSULTING0.68%CARE1.73%
    CATERING0.68%BUSINESS1.71%
    D0.68%CONSULTANTS1.68%
    P0.68%GLOBAL1.58%
    MARKETING0.68%INVESTMENTS1.56%
    (LINCS)0.68%PROPERTIES1.54%
    (BOSTON)0.51%ASSOCIATES1.53%
    LINCS0.51%J1.51%
    ZYRA0.51%MEDIA1.50%
    TRADING0.51%IT1.35%
    ENTERPRISES0.51%DEVELOPMENTS1.23%
    FURNITURE0.51%M1.23%
    KIRTON0.51%BUILDING1.21%
    LINCOLNSHIRE0.51%ELECTRICAL1.20%
    HEATING0.51%CAPITAL1.19%
    BAR0.51%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied132266,814
    99999 - Dormant Company3246,762
    49410 - Freight transport by road207,333
    45200 - Maintenance and repair of motor vehicles114,987
    78200 - Temporary employment agency activities91,907
    70229 - Management consultancy activities other than financial management836,164
    68100 - Buying and selling of own real estate85,656
    96020 - Hairdressing and other beauty treatment86,000
    45112 - Sale of used cars and light motor vehicles73,044
    56302 - Public houses and bars75,503
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating73,540
    74990 - Non-trading company614,223
    86900 - Other human health activities69,543
    56101 - Licensed restaurants67,685
    96090 - Other service activities not elsewhere classified626,001
    43220 - Plumbing, heat and air-conditioning installation64,687
    47990 - Other retail sale not in stores, stalls or markets65,800
    86220 - Specialists medical practice activities63,561
    49320 - Taxi operation61,617
    74909 - Other professional, scientific and technical activities not elsewhere classified618,034

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08724672 XCEL PROPERTY MANAGEMENT LIMITED 09 Oct 2013
    08725533 LINCOLNSHIRE FIT 4 WORK LIMITED 09 Oct 2013
    08755851 KIRTON 1960 LIMITED 31 Oct 2013
    08712426 MARC TRANSPORT LIMITED 01 Oct 2013
    08716539 BIANCO FORTUNA LIMITED 03 Oct 2013
    08721046 DAVID COLE WINDSCREENS LIMITED 07 Oct 2013
    08721478 MM TRANS LTD 07 Oct 2013
    08722030 ROX SALONS LIMITED 07 Oct 2013
    08724833 LATGALE LIMITED 09 Oct 2013
    08725227 A&F INVEST LIMITED 09 Oct 2013
    08729735 BALTIC SERVICES (BOSTON) LIMITED 11 Oct 2013
    08730391 TIDY RENTALS LIMITED 14 Oct 2013
    08733567 NIKOLAOS FLARIS LIMITED 15 Oct 2013
    08735922 FOX PERSONNEL LIMITED 17 Oct 2013
    08735931 ECO STAFF LIMITED 17 Oct 2013
    08746392 EMILITEK LTD 24 Oct 2013
    08746885 LIBERTY PERSONNEL LIMITED 24 Oct 2013
    08747807 ALAN HOTEL MANAGEMENT LIMITED 24 Oct 2013
    08750637 I ORZOI LTD 28 Oct 2013
    08753906 UAGC SERVICES LTD 30 Oct 2013
    08754545 ROOMANA AND WAHEED LIMITED 30 Oct 2013
    08755482 MALC FIRTH NURSERIES LIMITED 30 Oct 2013
    08755928 MATEI LINK LTD 31 Oct 2013
    08719295 HELEN KNOWLES TRAVEL LTD 04 Oct 2013
    08752494 STUDIO 21 DESIGN LTD 29 Oct 2013

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