Boston, Lincolnshire
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Boston when compared to any previous first half year.
- Q2 2014 saw a new record in company registrations in Boston when compared to any previous Q2.
- Q2 2014 was a record quarter for company registrations in Boston when compared to any quarter in history.
- June 2014 saw a new record in company registrations in Boston when compared to any previous June.
- April 2014 saw a new record in company registrations in Boston when compared to any previous April.
- June 2014 saw a new record in net growth in Boston when compared to any previous June.
- April 2014 saw a new record in net growth in Boston when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Boston when compared to any previous first half year.
In the first half of 2014 a total of 160 companies were formed in Boston. This figure is 10.3% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Boston occurred in 2014 when a total of 160 were formed.
Half Year (Jan-Jun) Boston UK 2014 160 300,731 2013 145 269,432 % change 10.3% 11.6% Record Year 2014 (160) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Boston when compared to any previous Q2.
Q2 2014 was a record quarter for company registrations in Boston when compared to any quarter in history.
A total of 94 companies were registered in Boston during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 44.6% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Boston UK 2014 94 150,009 2013 65 134,630 % change 44.6% 11.4% Record Year 2014 (94) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in Boston when compared to any previous June.
April 2014 saw a new record in company registrations in Boston when compared to any previous April.
New Companies by Month
April May June New companies in 2014 32 26 36 New companies in 2013 28 23 14 % change 14.3% 13.0% 157.1% Record Year 2014 (32) 2007 (28) 2014 (36)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 94 companies were dissolved in Boston. This figure is 11.9% higher than last year, which compares well to the UK wide change of 14.2%.
The highest total for a first half year in Boston occurred in 2009 when a total of 163 were closed.
Half Year (Jan-Jun) Boston UK 2014 94 177,207 2013 84 155,192 % change 11.9% 14.2% Record Year 2009 (163) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 46 companies were dissolved in Boston during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 4.5% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Boston UK 2014 46 94,837 2013 44 77,278 % change 4.5% 22.7% Record Year 2009 (88) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 10 19 17 Closed companies in 2013 10 16 18 % change 0.0% 18.8% -6% Record Year 2009 (28) 2009 (34) 2009 (26)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Boston increased by 66 companies.
Half Year (Jan-Jun) Boston UK 2014 66 123,524 2013 61 114,240 Record Year 2003 (80) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Boston during the second quarter of 2014 (Apr 2014 - Jun 2014) was 48 companies.
second quarter (Apr 2014 - Jun 2014) Boston UK 2014 48 55,172 2013 21 57,352 Record Year 2014 (48) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in net growth in Boston when compared to any previous June.
April 2014 saw a new record in net growth in Boston when compared to any previous April.
Net Growth by Month
April May June Net growth in 2014 22 7 19 Net growth in 2013 18 7 -4 Record Year 2014 (22) 2003 (21) 2014 (19)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Boston formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jan-Jun) Boston 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1960 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Boston formed 0.1% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Boston 2014 0.1% 2013 0.0% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1994 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.0% % change 3.1% 4.3% 122.6% Record Year 1991 (0.1%) 1992 (0.1%) 1994 (0.1%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 42.2.
The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 43.3.
The percentage of directors under the age of 25 was 6.9% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Boston was 2005 when 36.6% of all directors were female.
31.2% of all director appointments in Boston in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Boston was in 2007 when 39.9% of all directors were female.
26.4% of all director appointments in Boston in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BOSTON 2.67% CONSULTING 5.16% TRANSPORT 1.84% MANAGEMENT 4.64% TRANS 1.34% CONSULTANCY 3.50% CATERING 1.17% PROPERTY 2.66% LINCS 1.00% TRADING 2.03% MANAGEMENT 1.00% ENGINEERING 1.99% (BOSTON) 1.00% CONSTRUCTION 1.93% FARMS 0.83% LONDON 1.93% CO. 0.83% CARE 1.85% R 0.67% DESIGN 1.75% D 0.67% CONSULTANTS 1.73% SERVICE 0.67% BUSINESS 1.69% CONSULTANCY 0.67% PROPERTIES 1.63% TRADING 0.67% TRANSPORT 1.58% PROPERTIES 0.67% GLOBAL 1.55% J 0.67% INVESTMENTS 1.55% P 0.50% J 1.51% PAUL 0.50% ASSOCIATES 1.48% (LINCS) 0.50% MEDIA 1.44% CONSTRUCTION 0.50% ELECTRICAL 1.40% CENTRE 0.50% IT 1.33% GLOBAL 0.50% DEVELOPMENTS 1.33% PROPERTY 0.50% BUILDING 1.26% PLUMBING 0.50% M 1.24% EUROPE 0.50% CO., 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 132 261,557 49410 - Freight transport by road 30 9,265 99999 - Dormant Company 25 48,436 45200 - Maintenance and repair of motor vehicles 15 5,375 78200 - Temporary employment agency activities 10 2,094 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 9 3,928 56302 - Public houses and bars 9 6,099 47990 - Other retail sale not in stores, stalls or markets 8 6,286 45112 - Sale of used cars and light motor vehicles 8 3,392 96020 - Hairdressing and other beauty treatment 8 6,631 82990 - Other business support service activities not elsewhere classified 8 57,421 68209 - Other letting and operating of own or leased real estate 7 10,133 68100 - Buying and selling of own real estate 7 6,413 86220 - Specialists medical practice activities 6 3,855 58190 - Other publishing activities 6 2,610 86900 - Other human health activities 6 11,292 49320 - Taxi operation 6 1,722 70229 - Management consultancy activities other than financial management 6 40,250 56101 - Licensed restaurants 5 8,585 86101 - Hospital activities 5 3,357
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09081197 MIGUEL TRANS LTD 11 Jun 2014 09098310 JENNY MCINTEE LTD 23 Jun 2014 09066563 PLOTWAY LIMITED 02 Jun 2014 09069669 EUROPE PLUS LIMITED 04 Jun 2014 09073529 LEGENDS OF BOSTON LIMITED 05 Jun 2014 09075957 ECODOO LTD 09 Jun 2014 09082160 HARDWORKERS LIMITED 11 Jun 2014 09085085 ABLE ENGINEERING (UK) LTD 13 Jun 2014 09085578 SOJAN LIMITED 13 Jun 2014 09085799 ABLE TIMBER (UK) LTD 13 Jun 2014 09086020 LBM BUSINESS SERVICES LTD 13 Jun 2014 09089387 ESF & SONS LIMITED 17 Jun 2014 09089394 JJZ TRANSPORT LTD 17 Jun 2014 09089501 EMY LTD 17 Jun 2014 09090830 JT SALES LTD 18 Jun 2014 09091524 RAPHA HEALTH SOLUTIONS LIMITED 18 Jun 2014 09095910 BROZEK TRANSPORT SERVICES LTD 20 Jun 2014 09096652 SPAYNE ROAD 1965 LIMITED 23 Jun 2014 09097315 LUXAUTOPARTS LTD 23 Jun 2014 09100747 LINCS PROPERTIES LTD 24 Jun 2014 09101536 DOC.EUGEN LIMITED 25 Jun 2014 09103850 MOSKITO LTD 26 Jun 2014 09105996 MINHAS & CO LTD 27 Jun 2014 09107598 HAND IN HAND AWARDS LIMITED 30 Jun 2014 09065514 CALLAWAY HERITAGE LTD 02 Jun 2014
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