Grimsby, Lincolnshire
2011 Annual Business Confidence Report
Headlines
- Q4 2011 saw a new record in company closures in Grimsby when compared to any previous Q4.
- December 2011 saw a new record in company closures in Grimsby when compared to any previous December.
- November 2011 saw a new record in company closures in Grimsby when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2011)
A total of 478 companies were formed in Grimsby in 2011. This total is 1.9% higher than in 2010 and compares poorly to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Grimsby UK 2011 478 452,870 2010 469 400,358 2009 454 362,675 2008 416 349,203 2007 549 457,649 Record Year 2003 (732) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 253 companies were formed in Grimsby. This figure is 16.1% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in Grimsby occurred in 2002 when a total of 389 were formed.
Half Year (Jul-Dec) Grimsby UK 2011 253 224,135 2010 218 196,609 % change 16.1% 14.0% Record Year 2002 (389) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 125 companies were registered in Grimsby during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 22.5% versus the same period last year (Q4 2010). This figure compares equally to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Grimsby UK 2011 125 109,623 2010 102 95,117 % change 22.5% 15.3% Record Year 2002 (183) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 48 44 33 New companies in 2010 34 42 26 % change 41.2% 4.8% 26.9% Record Year 2003 (60) 2002 (72) 2002 (53)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 408 companies were dissolved in Grimsby in 2011. This total is 6.0% lower than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.
Year Grimsby UK 2011 408 314,523 2010 434 342,232 2009 653 533,773 2008 310 237,901 2007 299 220,295 Record Year 2009 (653) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 214 companies were dissolved in Grimsby. This figure is 7.8% lower than last year, which compares well to the UK wide change of -7.5%.
The highest total for a second half year in Grimsby occurred in 2009 when a total of 285 were closed.
Half Year (Jul-Dec) Grimsby UK 2011 214 152,213 2010 232 164,601 % change -7.8% -7.5% Record Year 2009 (285) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company closures in Grimsby when compared to any previous Q4.
A total of 113 companies were dissolved in Grimsby during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 9.7% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Grimsby UK 2011 113 79,983 2010 103 76,896 % change 9.7% 4.0% Record Year 2011 (113) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company closures in Grimsby when compared to any previous December.
November 2011 saw a new record in company closures in Grimsby when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2011 32 40 41 Closed companies in 2010 47 35 21 % change -31.9% 14.3% 95% Record Year 2010 (47) 2011 (40) 2011 (41)
Net Company Growth
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Annual Data (2011)
A total of 70 companies were added to the company register for Grimsby in 2011. This number represents growth of 14.9% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.
This number is 35 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.
Year Grimsby UK 2011 70 138,347 2010 35 58,126 2009 -199 -171,098 2008 106 111,302 2007 250 237,354 Record Year 2003 (535) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Grimsby increased by 39 companies.
Half Year (Jul-Dec) Grimsby UK 2011 39 71,922 2010 -14 32,008 Record Year 2002 (234) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Grimsby during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 12 companies.
fourth quarter (Oct 2011 - Dec 2011) Grimsby UK 2011 12 29,640 2010 -1 18,221 Record Year 2002 (108) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 16 4 -8 Net growth in 2010 -13 7 5 Record Year 2003 (49) 2002 (39) 2002 (35)
UK Company Share
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Annual Data (2011)
In 2011 Grimsby formed 0.1% of all UK companies. This is no change on 2010 when Grimsby was responsible for 0.1% of all UK companies.
Year Grimsby 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1977 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Grimsby formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.
Half Year (Jul-Dec) Grimsby 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1962 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Grimsby formed 0.1% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Grimsby 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.2% Record Year (since 1960) 1962 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change 22.7% -10.8% 12.6% Record Year 1962 (0.5%) 1973 (0.4%) 1978 (0.9%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 45.3.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 45.4.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 6.7% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 45.6.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 7.9% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 36.5%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Grimsby was 1860 when 42.9% of all directors were female.
34.3% of all director appointments in Grimsby in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Grimsby was in 1977 when 31.1% of all directors were female.
37.1% of all director appointments in Grimsby in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage GRIMSBY 1.67% CONSULTING 5.07% MANAGEMENT 1.55% MANAGEMENT 4.74% J 1.55% CONSULTANCY 3.26% CARE 1.31% PROPERTY 2.37% FISH 1.08% TRADING 2.07% ENGINEERING 0.96% DESIGN 1.92% PROPERTY 0.96% ASSOCIATES 1.86% BUILDING 0.96% ENGINEERING 1.78% HEATING 0.84% BUSINESS 1.78% PROPERTIES 0.84% CONSULTANTS 1.76% ACADEMY 0.84% CONSTRUCTION 1.73% CONSULTANCY 0.84% MEDIA 1.71% JOINERY 0.72% LONDON 1.63% ELECTRICAL 0.72% J 1.51% LEISURE 0.72% INVESTMENTS 1.48% LINCS 0.72% GLOBAL 1.46% (GY) 0.72% IT 1.41% MAYFAIR 0.72% CARE 1.39% EAST 0.60% PROPERTIES 1.29% MAINTENANCE 0.60% ELECTRICAL 1.29% CONSULTANTS 0.60% M 1.27% G 0.60% BUILDING 1.26% (GRIMSBY) 0.60% ENERGY 1.25% C 0.60% S 1.20% GROUP 0.60% ENTERPRISES 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 185 205,525 7487 - Other business activities 48 57,052 96090 - Other service activities not elsewhere classified 42 11,768 9305 - Other service activities 39 9,492 9999 - Dormant Company 34 20,199 99999 - Dormant Company 25 21,846 82990 - Other business support service activities not elsewhere classified 19 32,483 43210 - Electrical installation 11 3,175 5020 - Maintenance & repair of motors 10 1,409 70229 - Management consultancy activities other than financial management 10 17,765 68209 - Other letting and operating of own or leased real estate 10 4,082 4521 - General construction & civil engineering 9 5,558 7499 - Non-trading company 9 9,957 6024 - Freight transport by road 8 2,280 43220 - Plumbing, heat and air-conditioning installation 8 2,372 74909 - Other professional, scientific and technical activities not elsewhere classified 7 8,671 41202 - Construction of domestic buildings 7 2,598 46380 - Wholesale of other food, including fish, crustaceans and molluscs 7 150 4534 - Other building installation 7 2,091 49410 - Freight transport by road 7 2,392
Recent Companies
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Randomly selected companies from this quarter
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