Lincoln, Lincolnshire

2010 Half Year Business Confidence Report

Headlines

  • Q2 2010 saw a new record in company registrations in Lincoln when compared to any previous Q2.
  • June 2010 saw a new record in company registrations in Lincoln when compared to any previous June.

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 2010)

    In the first half of 2010 a total of 425 companies were formed in Lincoln. This figure is 25.4% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Lincoln occurred in 2007 when a total of 775 were formed.

    Half Year (Jan-Jun)LincolnUK
    2010425203,749
    2009339182,021
    % change25.4%11.9%
    Record Year2007 (775)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Q2 2010 saw a new record in company registrations in Lincoln when compared to any previous Q2.

    A total of 227 companies were registered in Lincoln during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 24.0% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)LincolnUK
    201022798,612
    200918390,987
    % change24.0%8.4%
    Record Year 2010 (227) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    June 2010 saw a new record in company registrations in Lincoln when compared to any previous June.

    New Companies by Month
    AprilMayJune
    New companies in 2010666299
    New companies in 2009735654
    % change-9.6%10.7%83.3%
    Record Year2008 (76)2003 (71)2010 (99)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 354 companies were dissolved in Lincoln. This figure is 25.3% lower than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Lincoln occurred in 2009 when a total of 474 were closed.

    Half Year (Jan-Jun)LincolnUK
    2010354177,631
    2009474289,236
    % change-25.3%-38.6%
    Record Year2009 (474)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 157 companies were dissolved in Lincoln during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 50.0% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)LincolnUK
    201015794,954
    2009314181,176
    % change-50.0%-47.6%
    Record Year 2009 (314) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010275575
    Closed companies in 200966135113
    % change-59.1%-59.3%-34%
    Record Year2009 (66)2009 (135)2009 (113)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Lincoln increased by 71 companies.

    Half Year (Jan-Jun)LincolnUK
    20107126,118
    2009-135-107,215
    Record Year2007 (614)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Lincoln during the second quarter of 2010 (Apr 2010 - Jun 2010) was 70 companies.

    second quarter (Apr 2010 - Jun 2010)LincolnUK
    2010703,658
    2009-131-90,189
    Record Year 2003 (140) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201039724
    Net growth in 20097-79-59
    Record Year2007 (54)2003 (65)2008 (46)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Lincoln formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.

    Half Year (Jan-Jun)Lincoln
    20100.2%
    20090.2%
    20080.2%
    20070.3%
    20060.2%
    Record Year (since 1960) 1966 (0.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Lincoln formed 0.2% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Lincoln
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1960 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.2%0.2%0.3%
    UK formation share in 20090.2%0.2%0.2%
    % change-16.9%5.6%64.9%
    Record Year1968 (0.5%)1966 (0.7%)1962 (0.8%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 45.4.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 44.9.

    The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Lincoln was 1857 when 40.0% of all directors were female.

    27.2% of all director appointments in Lincoln in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Lincoln was in 1866 when 66.7% of all directors were female.

    28.5% of all director appointments in Lincoln in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    TRANSPORT2.20%MANAGEMENT5.01%
    (LINCOLN)1.89%CONSULTING4.79%
    LINCOLN1.65%CONSULTANCY3.02%
    M1.34%PROPERTY2.40%
    WILCHAP1.10%ASSOCIATES2.02%
    MANAGEMENT0.86%TRADING2.01%
    J0.86%DESIGN1.91%
    S0.86%CONSTRUCTION1.85%
    CONSULTING0.86%MEDIA1.80%
    CONSULTANCY0.79%BUSINESS1.75%
    CONSTRUCTION0.79%CONSULTANTS1.71%
    ENGINEERING0.71%INTERNATIONAL1.59%
    DR0.71%ENGINEERING1.56%
    R0.71%LONDON1.52%
    MEDICAL0.71%INVESTMENTS1.49%
    DEVELOPMENTS0.71%J1.46%
    ELECTRICAL0.63%CARE1.41%
    ENTERPRISES0.55%GLOBAL1.39%
    ASSOCIATES0.55%PROPERTIES1.35%
    D0.55%BUILDING1.33%
    BUSINESS0.55%M1.29%
    G0.55%IT1.28%
    JOHN0.47%ELECTRICAL1.27%
    TRAINING0.47%GROUP1.25%
    H0.47%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied299207,125
    7487 - Other business activities6868,525
    82990 - Other business support service activities not elsewhere classified2825,942
    4521 - General construction & civil engineering268,262
    9999 - Dormant Company2419,842
    99999 - Dormant Company2314,342
    70229 - Management consultancy activities other than financial management2213,490
    7414 - Business & management consultancy2114,598
    86210 - General medical practice activities201,186
    6024 - Freight transport by road182,960
    96090 - Other service activities not elsewhere classified187,922
    70100 - Activities of head offices162,912
    7499 - Non-trading company1413,997
    62020 - Information technology consultancy activities148,590
    74990 - Non-trading company147,893
    9305 - Other service activities138,822
    8512 - Medical practice activities131,487
    41100 - Development of building projects133,945
    86220 - Specialists medical practice activities12625
    42990 - Construction of other civil engineering projects not elsewhere classified121,430

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07279354 LIFETIME ESTATE SOLUTIONS LTD 09 Jun 2010
    07295339 CG HEALTHCARE LTD 25 Jun 2010
    07295022 GRANGE FARMING (BARLINGS) LIMITED 24 Jun 2010
    07270840 REVO MMA LIMITED 01 Jun 2010
    07287057 SI NETWORK LTD 17 Jun 2010
    07285410 LINCS SOCIAL WORK LIMITED 15 Jun 2010
    07294631 AUTOMOTIVE ENGINEERING SERVICES LINCOLN LTD 24 Jun 2010
    07294243 TECHNOLOGICAL LEISURE LIMITED 24 Jun 2010
    07278090 LINKS SECURITY LTD 09 Jun 2010
    07273693 DIRECTORY BUSINESS SERVICES LIMITED 04 Jun 2010
    07270115 GROWING OPPORTUNITIES LIMITED 01 Jun 2010
    07294844 TIN SOLDIERS (LINCOLN) LIMITED 24 Jun 2010
    07294836 KATHARINE ARMSTRONG-SHORT LTD 24 Jun 2010
    07294480 IAN KIRK DRIVER SERVICES LTD 24 Jun 2010
    07293305 BISSELL TRANSPORT LTD 23 Jun 2010
    07291369 ADDY TRANSPORT LTD 22 Jun 2010
    07291342 O'CONNELL HAULAGE LTD 22 Jun 2010
    07291284 P BURGESS TRANSPORT LTD 22 Jun 2010
    07291190 D MCGUINNESS TRANSPORT LTD 22 Jun 2010
    07291179 MERMAKI LTD 22 Jun 2010
    07285026 PETE HAULAGE LTD 15 Jun 2010
    07276250 AARONLISTER HAULAGE LTD 07 Jun 2010
    07276209 COLEY TRANSPORT LTD 07 Jun 2010
    07276197 R HIRST TRANSPORT LTD 07 Jun 2010
    07276194 R D DRIVING SERVICES LTD 07 Jun 2010