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

  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. 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)BostonUK
    2014160300,731
    2013145269,432
    % change10.3%11.6%
    Record Year2014 (160)2014 (300,731)
    New Companies by Half Year
  2. 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)BostonUK
    201494150,009
    201365134,630
    % change44.6%11.4%
    Record Year 2014 (94) 2014 (150,009)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2014322636
    New companies in 2013282314
    % change14.3%13.0%157.1%
    Record Year2014 (32)2007 (28)2014 (36)

Closed Companies (dissolved)

  1. 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)BostonUK
    201494177,207
    201384155,192
    % change11.9%14.2%
    Record Year2009 (163)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)BostonUK
    20144694,837
    20134477,278
    % change4.5%22.7%
    Record Year 2009 (88) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014101917
    Closed companies in 2013101618
    % change0.0%18.8%-6%
    Record Year2009 (28)2009 (34)2009 (26)

Net Company Growth

  1. 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)BostonUK
    201466123,524
    201361114,240
    Record Year2003 (80)2007 (171,296)
    Net Growth by Half Year
  2. 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)BostonUK
    20144855,172
    20132157,352
    Record Year 2014 (48) 2007 (60,014)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 201422719
    Net growth in 2013187-4
    Record Year2014 (22)2003 (21)2014 (19)

UK Company Share

  1. 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
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1960 (0.1%)
    Company Share by Half Year
  2. 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
    20140.1%
    20130.0%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1994 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.0%
    % change3.1%4.3%122.6%
    Record Year1991 (0.1%)1992 (0.1%)1994 (0.1%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    BOSTON2.67%CONSULTING5.16%
    TRANSPORT1.84%MANAGEMENT4.64%
    TRANS1.34%CONSULTANCY3.50%
    CATERING1.17%PROPERTY2.66%
    LINCS1.00%TRADING2.03%
    MANAGEMENT1.00%ENGINEERING1.99%
    (BOSTON)1.00%CONSTRUCTION1.93%
    FARMS0.83%LONDON1.93%
    CO.0.83%CARE1.85%
    R0.67%DESIGN1.75%
    D0.67%CONSULTANTS1.73%
    SERVICE0.67%BUSINESS1.69%
    CONSULTANCY0.67%PROPERTIES1.63%
    TRADING0.67%TRANSPORT1.58%
    PROPERTIES0.67%GLOBAL1.55%
    J0.67%INVESTMENTS1.55%
    P0.50%J1.51%
    PAUL0.50%ASSOCIATES1.48%
    (LINCS)0.50%MEDIA1.44%
    CONSTRUCTION0.50%ELECTRICAL1.40%
    CENTRE0.50%IT1.33%
    GLOBAL0.50%DEVELOPMENTS1.33%
    PROPERTY0.50%BUILDING1.26%
    PLUMBING0.50%M1.24%
    EUROPE0.50%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied132261,557
    49410 - Freight transport by road309,265
    99999 - Dormant Company2548,436
    45200 - Maintenance and repair of motor vehicles155,375
    78200 - Temporary employment agency activities102,094
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating93,928
    56302 - Public houses and bars96,099
    47990 - Other retail sale not in stores, stalls or markets86,286
    45112 - Sale of used cars and light motor vehicles83,392
    96020 - Hairdressing and other beauty treatment86,631
    82990 - Other business support service activities not elsewhere classified857,421
    68209 - Other letting and operating of own or leased real estate710,133
    68100 - Buying and selling of own real estate76,413
    86220 - Specialists medical practice activities63,855
    58190 - Other publishing activities62,610
    86900 - Other human health activities611,292
    49320 - Taxi operation61,722
    70229 - Management consultancy activities other than financial management640,250
    56101 - Licensed restaurants58,585
    86101 - Hospital activities53,357

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09040350 BLACKBOURNS LIMITED 14 May 2014
    09060861 BENETTA LTD 29 May 2014
    09061785 RANIATRANS LTD 29 May 2014
    09022253 SRMR DRIVING LIMITED 01 May 2014
    09027451 ALLAN JONES LTD 07 May 2014
    09032060 GRZES LIMITED 09 May 2014
    09035023 MIGHTY GUITARS LIMITED 12 May 2014
    09038828 HANCOCK & HARTNELLS AUTO REPAIRS LTD 14 May 2014
    09040747 HOOVERLAND LIMITED 15 May 2014
    09040771 POLISH SOCIAL AND CULTURAL CENTRE LTD 15 May 2014
    09041488 KAR TRANSPORT LIMITED 15 May 2014
    09046548 COOKE PAUL MANLEY 0658 LIMITED 19 May 2014
    09049330 AMARETAIL LTD 21 May 2014
    09049429 3E GLOBAL LTD 21 May 2014
    09049929 DENIS HGV LIMITED 21 May 2014
    09056412 NATION TO NATION TRADING LIMITED 27 May 2014
    09061055 FAIR DINE LTD 29 May 2014
    09062600 MAX LABOUR LIMITED 29 May 2014
    09062995 THEA COX MORTGAGES LTD 30 May 2014
    09063050 GNG FINISHING SERVICES LIMITED 30 May 2014
    09063248 GOLD TRANS JAN FILIPCZUK LTD 30 May 2014
    09064622 JODY CARTER LTD. 30 May 2014
    09027248 INGLEBOROUGH FARMS LIMITED 07 May 2014
    09027326 GRANGE FARMS (FRISKNEY) LIMITED 07 May 2014
    09064742 N MORTLOCK HAULAGE LTD 30 May 2014

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