Boston, Lincolnshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Boston when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Boston when compared to any previous second half year.
- The second half of 2014 was a record second half year for company registrations in Boston when compared to any half year in history.
- Q4 2014 saw a new record in company registrations in Boston when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Boston when compared to any previous December.
- November 2014 saw a new record in company registrations in Boston when compared to any previous November.
- The second half of 2014 was a record second half year for net growth in Boston when compared to any half year in history.
- November 2014 saw a new record in net growth in Boston when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Boston when compared to any year in history.
A total of 337 companies were formed in Boston in 2014. This total is 5.3% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Boston UK 2014 337 582,051 2013 320 529,363 2012 278 491,893 2011 240 452,870 2010 227 400,358 Record Year 2014 (337) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Boston when compared to any previous second half year.
The second half of 2014 was a record second half year for company registrations in Boston when compared to any half year in history.
In the second half of 2014 a total of 177 companies were formed in Boston. This figure is 1.1% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Boston occurred in 2014 when a total of 177 were formed.
Half Year (Jul-Dec) Boston UK 2014 177 281,320 2013 175 259,931 % change 1.1% 8.2% Record Year 2014 (177) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Boston when compared to any previous Q4.
A total of 92 companies were registered in Boston during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 9.5% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Boston UK 2014 92 137,906 2013 84 127,247 % change 9.5% 8.4% Record Year 2014 (92) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Boston when compared to any previous December.
November 2014 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 2014 33 32 27 New companies in 2013 42 23 19 % change -21.4% 39.1% 42.1% Record Year 2013 (42) 2014 (32) 2014 (27)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 171 companies were dissolved in Boston in 2014. This total is 14.5% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Boston UK 2014 171 367,937 2013 200 332,213 2012 166 293,729 2011 151 314,524 2010 172 342,233 Record Year 2009 (264) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 77 companies were dissolved in Boston. This figure is 33.6% lower than last year, which compares well to the UK wide change of 7.7%.
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 2014 77 190,730 2013 116 177,021 % change -33.6% 7.7% Record Year 2013 (116) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 34 companies were dissolved in Boston during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 48.5% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Boston UK 2014 34 89,060 2013 66 90,851 % change -48.5% -2.0% Record Year 2013 (66) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 9 8 17 Closed companies in 2013 32 20 14 % change -71.9% -60.0% 21% Record Year 2013 (32) 2012 (20) 2009 (26)
Net Company Growth
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Annual Data (2014)
A total of 166 companies were added to the company register for Boston in 2014. This number represents growth of 49.3% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 46 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Boston company register grew by 166 companies.
Year Boston UK 2014 166 214,114 2013 120 197,150 2012 112 198,164 2011 89 138,346 2010 55 58,125 Record Year 2014 (166) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 was a record second half year for net growth in Boston when compared to any half year in history.
In the second half of 2014 the company register for Boston increased by 100 companies.
Half Year (Jul-Dec) Boston UK 2014 100 90,590 2013 59 82,910 Record Year 2003 (100) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Boston during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 58 companies.
fourth quarter (Oct 2014 - Dec 2014) Boston UK 2014 58 48,846 2013 18 36,396 Record Year 2014 (58) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in net growth in Boston when compared to any previous November.
Net Growth by Month
October November December Net growth in 2014 24 24 10 Net growth in 2013 10 3 5 Record Year 2003 (28) 2014 (24) 2003 (16)
UK Company Share
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Annual Data (2014)
In 2014 Boston formed 0.1% of all UK companies. This is no change on 2013 when Boston was responsible for 0.1% of all UK companies.
Year Boston 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Boston formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Boston 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.0% 2010 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Boston formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Boston 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.0% 2010 0.1% Record Year (since 1960) 1995 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -25.3% 32.0% 21.5% Record Year 1995 (0.1%) 2000 (0.1%) 1982 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.2.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 42.2.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 40.5.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 29.3%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Boston was 2006 when 36.7% of all directors were female.
27.5% of all director appointments in Boston in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Boston was in 2006 when 37.3% of all directors were female.
29.4% of all director appointments in Boston in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BOSTON 2.04% CONSULTING 5.22% TRANS 1.70% MANAGEMENT 4.58% TRANSPORT 1.53% CONSULTANCY 3.57% (BOSTON) 1.36% PROPERTY 2.66% R 1.02% CONSTRUCTION 2.12% ENGINEERING 0.85% ENGINEERING 2.10% CONSTRUCTION 0.85% CARE 2.02% CATERING 0.85% TRADING 1.94% MANAGEMENT 0.85% LONDON 1.93% CO. 0.85% TRANSPORT 1.93% LABOUR 0.68% DESIGN 1.66% CLEANING 0.68% CONSULTANTS 1.64% PROPERTIES 0.68% ELECTRICAL 1.62% FARMS 0.68% PROPERTIES 1.62% CO 0.68% BUSINESS 1.56% SERVICE 0.68% J 1.54% RECRUITMENT 0.68% CO., 1.50% ANGELS 0.68% GLOBAL 1.49% EUROPE 0.51% INVESTMENTS 1.48% TRADING 0.51% ASSOCIATES 1.47% LINCS 0.51% DEVELOPMENTS 1.35% SONS 0.51% MEDIA 1.33% M 0.51% IT 1.31% ASSOCIATES 0.51% BUILDING 1.29% HOME 0.51% M 1.22%
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 147 265,608 49410 - Freight transport by road 39 10,842 99999 - Dormant Company 27 48,509 45200 - Maintenance and repair of motor vehicles 20 5,425 56302 - Public houses and bars 18 6,285 96090 - Other service activities not elsewhere classified 9 29,009 86101 - Hospital activities 8 4,366 45112 - Sale of used cars and light motor vehicles 7 3,562 82990 - Other business support service activities not elsewhere classified 7 58,068 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 7 4,167 74990 - Non-trading company 7 13,984 78200 - Temporary employment agency activities 7 2,134 70229 - Management consultancy activities other than financial management 7 42,290 78109 - Other activities of employment placement agencies 6 4,182 68209 - Other letting and operating of own or leased real estate 6 11,212 56101 - Licensed restaurants 6 8,782 96020 - Hairdressing and other beauty treatment 6 6,742 86900 - Other human health activities 6 12,976 62020 - Information technology consultancy activities 6 30,178 47990 - Other retail sale not in stores, stalls or markets 6 6,452
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09349010 K KARS LIMITED 10 Dec 2014 09350286 H GIBBONS FURNISHINGS LTD 11 Dec 2014 09367981 MIRROR MIRROR AESTHETICS LTD 29 Dec 2014 09367983 AGW ELECTRICAL SERVICES LTD 29 Dec 2014 09333901 SEDDON SH LIMITED 01 Dec 2014 09335971 L & C FOOD MARKET LTD 02 Dec 2014 09338889 CLEAN SAFE CLEANING SERVICES LIMITED 03 Dec 2014 09341621 THERESE LTD 04 Dec 2014 09342554 BUY DIGITAL KEY LTD 05 Dec 2014 09343994 EAGLES FISH RESTAURANT LIMITED 08 Dec 2014 09346648 JP & DJ LIMITED 09 Dec 2014 09348757 ARRAYFIELDS LIMITED 10 Dec 2014 09349436 TRADITIONAL KARATE UNITED KINGDOM LTD 10 Dec 2014 09351488 HAWTHORN TREE COMMUNITY CHILDREN'S CENTRE 11 Dec 2014 09351725 DHC UK EUROPE LIMITED 11 Dec 2014 09352074 ASMA AMJAD LIMITED 12 Dec 2014 09357031 ANGELS OF BOSTON LIMITED 16 Dec 2014 09361662 RMG TRANS LTD 18 Dec 2014 09362480 AKOS (BOSTON) LIMITED 19 Dec 2014 09362996 IP&P LIMITED 19 Dec 2014 09365329 MAC INSTALLATIONS COLDSTORE LTD 23 Dec 2014 09365725 JAMES & CO ACCOUNTANTS LIMITED 23 Dec 2014 09368773 ALEXZANDER LIMITED 29 Dec 2014 09369158 ARONIA (UK) LTD 29 Dec 2014 09346526 LOCKHAM RENEWABLES LIMITED 09 Dec 2014
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