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

  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 (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.

    YearBostonUK
    2014337582,051
    2013320529,363
    2012278491,893
    2011240452,870
    2010227400,358
    Record Year2014 (337)2014 (582,051)
    New Companies by Year
  2. 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)BostonUK
    2014177281,320
    2013175259,931
    % change1.1%8.2%
    Record Year2014 (177)2014 (281,320)
    New Companies by Half Year
  3. 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)BostonUK
    201492137,906
    201384127,247
    % change9.5%8.4%
    Record Year 2014 (92) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014333227
    New companies in 2013422319
    % change-21.4%39.1%42.1%
    Record Year2013 (42)2014 (32)2014 (27)

Closed Companies (dissolved)

  1. 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.

    YearBostonUK
    2014171367,937
    2013200332,213
    2012166293,729
    2011151314,524
    2010172342,233
    Record Year2009 (264)2009 (533,789)
    Dissolved Companies by Year
  2. 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)BostonUK
    201477190,730
    2013116177,021
    % change-33.6%7.7%
    Record Year2013 (116)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)BostonUK
    20143489,060
    20136690,851
    % change-48.5%-2.0%
    Record Year 2013 (66) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20149817
    Closed companies in 2013322014
    % change-71.9%-60.0%21%
    Record Year2013 (32)2012 (20)2009 (26)

Net Company Growth

  1. 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.

    YearBostonUK
    2014166214,114
    2013120197,150
    2012112198,164
    201189138,346
    20105558,125
    Record Year2014 (166)2007 (237,353)
    Net Growth by Year
  2. 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)BostonUK
    201410090,590
    20135982,910
    Record Year2003 (100)2003 (117,772)
    Net Growth by Half Year
  3. 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)BostonUK
    20145848,846
    20131836,396
    Record Year 2014 (58) 2012 (49,848)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2014242410
    Net growth in 20131035
    Record Year2003 (28)2014 (24)2003 (16)

UK Company Share

  1. 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.

    YearBoston
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2003 (0.1%)
    Company Share by Year
  2. 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
    20140.1%
    20130.1%
    20120.1%
    20110.0%
    20100.1%
    Record Year (since 1960) 2003 (0.1%)
    Company Share by Half Year
  3. 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
    20140.1%
    20130.1%
    20120.1%
    20110.0%
    20100.1%
    Record Year (since 1960) 1995 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-25.3%32.0%21.5%
    Record Year1995 (0.1%)2000 (0.1%)1982 (0.1%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    BOSTON2.04%CONSULTING5.22%
    TRANS1.70%MANAGEMENT4.58%
    TRANSPORT1.53%CONSULTANCY3.57%
    (BOSTON)1.36%PROPERTY2.66%
    R1.02%CONSTRUCTION2.12%
    ENGINEERING0.85%ENGINEERING2.10%
    CONSTRUCTION0.85%CARE2.02%
    CATERING0.85%TRADING1.94%
    MANAGEMENT0.85%LONDON1.93%
    CO.0.85%TRANSPORT1.93%
    LABOUR0.68%DESIGN1.66%
    CLEANING0.68%CONSULTANTS1.64%
    PROPERTIES0.68%ELECTRICAL1.62%
    FARMS0.68%PROPERTIES1.62%
    CO0.68%BUSINESS1.56%
    SERVICE0.68%J1.54%
    RECRUITMENT0.68%CO.,1.50%
    ANGELS0.68%GLOBAL1.49%
    EUROPE0.51%INVESTMENTS1.48%
    TRADING0.51%ASSOCIATES1.47%
    LINCS0.51%DEVELOPMENTS1.35%
    SONS0.51%MEDIA1.33%
    M0.51%IT1.31%
    ASSOCIATES0.51%BUILDING1.29%
    HOME0.51%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied147265,608
    49410 - Freight transport by road3910,842
    99999 - Dormant Company2748,509
    45200 - Maintenance and repair of motor vehicles205,425
    56302 - Public houses and bars186,285
    96090 - Other service activities not elsewhere classified929,009
    86101 - Hospital activities84,366
    45112 - Sale of used cars and light motor vehicles73,562
    82990 - Other business support service activities not elsewhere classified758,068
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating74,167
    74990 - Non-trading company713,984
    78200 - Temporary employment agency activities72,134
    70229 - Management consultancy activities other than financial management742,290
    78109 - Other activities of employment placement agencies64,182
    68209 - Other letting and operating of own or leased real estate611,212
    56101 - Licensed restaurants68,782
    96020 - Hairdressing and other beauty treatment66,742
    86900 - Other human health activities612,976
    62020 - Information technology consultancy activities630,178
    47990 - Other retail sale not in stores, stalls or markets66,452

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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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