Grimsby, Lincolnshire

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company closures in Grimsby when compared to any previous November.
  • October 2010 saw a new record in company closures in Grimsby 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 (2010)

    A total of 469 companies were formed in Grimsby in 2010. This total is 3.3% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearGrimsbyUK
    2010469400,358
    2009454362,675
    2008416349,203
    2007549457,649
    2006468405,440
    Record Year2003 (732)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 218 companies were formed in Grimsby. This figure is 0.5% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Grimsby occurred in 2002 when a total of 389 were formed.

    Half Year (Jul-Dec)GrimsbyUK
    2010218196,609
    2009219180,654
    % change-0.5%8.8%
    Record Year2002 (389)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 102 companies were registered in Grimsby during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 8.9% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)GrimsbyUK
    201010295,117
    200911285,983
    % change-8.9%10.6%
    Record Year 2002 (183) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010344226
    New companies in 2009383737
    % change-10.5%13.5%-29.7%
    Record Year2003 (60)2002 (72)2002 (53)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 434 companies were dissolved in Grimsby in 2010. This total is 33.5% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearGrimsbyUK
    2010434342,232
    2009653533,773
    2008310237,901
    2007299220,295
    2006290200,166
    Record Year2009 (653)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 232 companies were dissolved in Grimsby. This figure is 18.6% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Grimsby occurred in 2009 when a total of 285 were closed.

    Half Year (Jul-Dec)GrimsbyUK
    2010232164,601
    2009285244,537
    % change-18.6%-32.7%
    Record Year2009 (285)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 103 companies were dissolved in Grimsby during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 1.0% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)GrimsbyUK
    201010376,896
    200910485,136
    % change-1.0%-9.7%
    Record Year 2009 (104) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Grimsby when compared to any previous November.

    October 2010 saw a new record in company closures in Grimsby when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010473521
    Closed companies in 2009372740
    % change27.0%29.6%-48%
    Record Year2010 (47)2010 (35)2009 (40)

Net Company Growth

  1. Annual Data (2010)

    A total of 35 companies were added to the company register for Grimsby in 2010. This number represents growth of 7.7% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 234 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Grimsby company register grew by 535 companies.

    YearGrimsbyUK
    20103558,126
    2009-199-171,098
    2008106111,302
    2007250237,354
    2006178205,274
    Record Year2003 (535)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Grimsby decreased by 14 companies.

    Half Year (Jul-Dec)GrimsbyUK
    2010-1432,008
    2009-66-63,883
    Record Year2002 (234)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Grimsby during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -1 companies.

    fourth quarter (Oct 2010 - Dec 2010)GrimsbyUK
    2010-118,221
    20098847
    Record Year 2002 (108) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-1375
    Net growth in 2009110-3
    Record Year2003 (49)2002 (39)2002 (35)

UK Company Share

  1. Annual Data (2010)

    In 2010 Grimsby formed 0.1% of all UK companies. This is no change on 2009 when Grimsby was responsible for 0.1% of all UK companies.

    YearGrimsby
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1977 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Grimsby formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Grimsby
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Grimsby formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Grimsby
    20100.1%
    20090.1%
    20080.1%
    20070.2%
    20060.1%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-21.6%1.5%-33.1%
    Record Year1962 (0.5%)1973 (0.4%)1978 (0.9%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 47.0.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 6.0% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 47.0.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 6.4% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 46.3.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Grimsby was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Grimsby in 2010 was 34.4%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Grimsby was 1860 when 42.9% of all directors were female.

    30.0% of all director appointments in Grimsby in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Grimsby was in 1977 when 31.1% of all directors were female.

    24.7% of all director appointments in Grimsby in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    (GRIMSBY)1.95%CONSULTING5.06%
    MANAGEMENT1.58%MANAGEMENT5.01%
    GRIMSBY1.46%CONSULTANCY3.14%
    ELECTRICAL1.46%PROPERTY2.36%
    ENGINEERING1.09%TRADING2.11%
    PROPERTY0.97%ASSOCIATES1.95%
    SAFETY0.85%DESIGN1.92%
    D0.85%BUSINESS1.82%
    HEATING0.73%CONSTRUCTION1.82%
    SECURITY0.73%CONSULTANTS1.76%
    FISH0.73%MEDIA1.71%
    B0.73%ENGINEERING1.62%
    N0.73%LONDON1.60%
    CARE0.73%CARE1.45%
    C0.73%INVESTMENTS1.44%
    SYSTEMS0.61%GLOBAL1.43%
    GLOBAL0.61%J1.42%
    SHIPPING0.61%IT1.41%
    TRAINING0.61%PROPERTIES1.34%
    J0.61%INTERNATIONAL1.34%
    HEALTH0.61%BUILDING1.34%
    JOINERY0.61%M1.30%
    H0.61%ELECTRICAL1.25%
    DEVELOPMENTS0.61%SYSTEMS1.24%
    CONSULTANCY0.49%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied184199,572
    7487 - Other business activities4863,348
    9305 - Other service activities338,858
    96090 - Other service activities not elsewhere classified328,799
    9999 - Dormant Company2120,144
    82990 - Other business support service activities not elsewhere classified2127,550
    99999 - Dormant Company1716,285
    4521 - General construction & civil engineering166,598
    49410 - Freight transport by road122,008
    7499 - Non-trading company1112,000
    43210 - Electrical installation102,980
    6024 - Freight transport by road92,401
    70229 - Management consultancy activities other than financial management914,505
    43999 - Other specialised construction activities not elsewhere classified82,854
    5020 - Maintenance & repair of motors71,408
    74909 - Other professional, scientific and technical activities not elsewhere classified77,088
    5530 - Restaurants74,939
    4534 - Other building installation72,357
    10200 - Processing and preserving of fish, crustaceans and molluscs729
    43220 - Plumbing, heat and air-conditioning installation62,187

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07476886 YATES QUALITY FISH LIMITED 22 Dec 2010
    07476518 C & J BUSINESS EQUIPMENT LIMITED 22 Dec 2010
    07472790 RICHARD HARYOTT CONSULTANCY LTD 17 Dec 2010
    07472273 SCRUMMY YUMMY (GRIMSBY) LIMITED 16 Dec 2010
    07471773 BOYCE BARBERS LIMITED 16 Dec 2010
    07463085 CAST IRON AIR BRICK COMPANY LIMITED 07 Dec 2010
    07461255 THE HEAT STORE GRIMSBY LIMITED 06 Dec 2010
    07476760 SWEETIE PEOPLE LTD 22 Dec 2010
    07475772 STEVEN IBBOTSON ARCHITECTS LIMITED 21 Dec 2010
    07474848 GREAT GRIMSBY COMMUNITY COLLEGE LIMITED 21 Dec 2010
    07461254 CONROY CUSTOMER MANAGEMENT SERVICES LIMITED 06 Dec 2010
    07456006 RENOIR UTILITIES LIMITED 01 Dec 2010
    07480332 KD DIAGNOSTIC IMAGING LTD 31 Dec 2010
    07456022 GRIMSBY TRADE CARS LIMITED 01 Dec 2010
    07477627 HEREFORD EDUCATION TRUST 23 Dec 2010
    07480132 BROLLNETS (UK) LIMITED 30 Dec 2010
    07476342 MTS ENGINEERING & UTILITIES LTD 22 Dec 2010
    07455942 MOTOR MATE LIMITED 01 Dec 2010
    07474252 FSD ANALYTICS LIMITED 20 Dec 2010
    07469278 CPE L & E LIMITED 14 Dec 2010
    07469170 COTTAGERS PLOT LIVERY SERVICE LIMITED 14 Dec 2010
    07469112 SOPHIE BROWN EQUESTRIAN LIMITED 14 Dec 2010
    07466281 NEWNOTE LTD 10 Dec 2010
    07463998 BALLYCLARE LIMITED 08 Dec 2010
    07462614 HEALING AND DISTRICT MENS SOCIAL CLUB 07 Dec 2010