Lincoln, Lincolnshire
2010 Annual Business Confidence Report
Headlines
- The second half of 2010 saw a new record in company registrations in Lincoln when compared to any previous second half year.
- Q4 2010 saw a new record in company registrations in Lincoln when compared to any previous Q4.
- December 2010 saw a new record in company registrations in Lincoln when compared to any previous December.
- November 2010 saw a new record in company registrations in Lincoln when compared to any previous November.
- October 2010 saw a new record in company registrations in Lincoln when compared to any previous October.
- The second half of 2010 saw a new record in net growth in Lincoln when compared to any previous second half year.
- Q4 2010 saw a new record in net growth in Lincoln when compared to any previous Q4.
- December 2010 saw a new record in net growth in Lincoln when compared to any previous December.
- November 2010 saw a new record in net growth in Lincoln when compared to any previous November.
- October 2010 saw a new record in net growth in Lincoln when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 1,020 companies were formed in Lincoln in 2010. This total is 46.1% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Lincoln UK 2010 1,020 400,358 2009 698 362,675 2008 647 349,203 2007 1,093 457,649 2006 731 405,440 Record Year 2007 (1,093) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in company registrations in Lincoln when compared to any previous second half year.
In the second half of 2010 a total of 595 companies were formed in Lincoln. This figure is 65.7% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Lincoln occurred in 2010 when a total of 595 were formed.
Half Year (Jul-Dec) Lincoln UK 2010 595 196,609 2009 359 180,654 % change 65.7% 8.8% Record Year 2010 (595) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company registrations in Lincoln when compared to any previous Q4.
A total of 336 companies were registered in Lincoln during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 94.2% versus the same period last year (Q4 2009). This figure compares well 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) Lincoln UK 2010 336 95,117 2009 173 85,983 % change 94.2% 10.6% Record Year 2010 (336) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in company registrations in Lincoln when compared to any previous December.
November 2010 saw a new record in company registrations in Lincoln when compared to any previous November.
October 2010 saw a new record in company registrations in Lincoln when compared to any previous October.
New Companies by Month
October November December New companies in 2010 125 102 109 New companies in 2009 57 62 54 % change 119.3% 64.5% 101.9% Record Year 2010 (125) 2010 (102) 2010 (109)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 636 companies were dissolved in Lincoln in 2010. This total is 37.3% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.
Year Lincoln UK 2010 636 342,232 2009 1,014 533,773 2008 322 237,901 2007 329 220,295 2006 312 200,166 Record Year 2009 (1,014) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 282 companies were dissolved in Lincoln. This figure is 47.8% lower than last year, which compares well to the UK wide change of -32.7%.
The highest total for a second half year in Lincoln occurred in 2009 when a total of 540 were closed.
Half Year (Jul-Dec) Lincoln UK 2010 282 164,601 2009 540 244,537 % change -47.8% -32.7% Record Year 2009 (540) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 124 companies were dissolved in Lincoln during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 39.5% versus the same period last year (Q4 2009). This figure compares well 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) Lincoln UK 2010 124 76,896 2009 205 85,136 % change -39.5% -9.7% Record Year 2009 (205) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 52 48 24 Closed companies in 2009 57 67 81 % change -8.8% -28.4% -70% Record Year 2009 (57) 2009 (67) 2009 (81)
Net Company Growth
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Annual Data (2010)
A total of 384 companies were added to the company register for Lincoln in 2010. This number represents growth of 55.0% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 700 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Lincoln company register grew by 764 companies.
Year Lincoln UK 2010 384 58,126 2009 -316 -171,098 2008 325 111,302 2007 764 237,354 2006 419 205,274 Record Year 2007 (764) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in net growth in Lincoln when compared to any previous second half year.
In the second half of 2010 the company register for Lincoln increased by 313 companies.
Half Year (Jul-Dec) Lincoln UK 2010 313 32,008 2009 -181 -63,883 Record Year 2010 (313) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in net growth in Lincoln when compared to any previous Q4.
Net company growth for Lincoln during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 212 companies.
fourth quarter (Oct 2010 - Dec 2010) Lincoln UK 2010 212 18,221 2009 -32 847 Record Year 2010 (212) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in net growth in Lincoln when compared to any previous December.
November 2010 saw a new record in net growth in Lincoln when compared to any previous November.
October 2010 saw a new record in net growth in Lincoln when compared to any previous October.
Net Growth by Month
October November December Net growth in 2010 73 54 85 Net growth in 2009 0 -5 -27 Record Year 2010 (73) 2010 (54) 2010 (85)
UK Company Share
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Annual Data (2010)
In 2010 Lincoln formed 0.3% of all UK companies. This is an improvement on 2009 when Lincoln was responsible for 0.2% of all UK companies.
Year Lincoln 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1975 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Lincoln formed 0.3% of all UK companies. This is more than the 2009 figure of 0.2%.
Half Year (Jul-Dec) Lincoln 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1968 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Lincoln formed 0.4% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Lincoln 2010 0.4% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1968 (0.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.4% 0.3% 0.4% UK formation share in 2009 0.2% 0.2% 0.2% % change 92.0% 47.1% 92.1% Record Year 1964 (0.4%) 1968 (1.4%) 1967 (0.6%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 45.3.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 45.2.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 45.5.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Lincoln was 1857 when 36.4% of all directors were female.
The percentage of female directors in Lincoln in 2010 was 32.1%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Lincoln was 1860 when 42.9% of all directors were female.
21.9% of all director appointments in Lincoln 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
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Lincoln was in 1977 when 31.1% of all directors were female.
21.4% of all director appointments in Lincoln 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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TRANSPORT 6.27% CONSULTING 5.06% DRIVING 2.24% MANAGEMENT 5.01% HAULAGE 1.91% CONSULTANCY 3.14% LINCOLN 1.78% PROPERTY 2.36% M 1.58% TRADING 2.11% S 1.45% ASSOCIATES 1.95% (LINCOLN) 1.32% DESIGN 1.92% D 1.25% BUSINESS 1.82% R 1.19% CONSTRUCTION 1.82% J 1.06% CONSULTANTS 1.76% MANAGEMENT 0.99% MEDIA 1.71% LOGISTICS 0.92% ENGINEERING 1.62% DRIVER 0.86% LONDON 1.60% CRANES 0.86% CARE 1.45% DR 0.79% INVESTMENTS 1.44% CONSULTING 0.73% GLOBAL 1.43% C 0.66% J 1.42% W 0.66% IT 1.41% CONSTRUCTION 0.66% PROPERTIES 1.34% P 0.59% INTERNATIONAL 1.34% G 0.59% BUILDING 1.34% DESIGN 0.59% M 1.30% JOHN 0.59% ELECTRICAL 1.25% TRAINING 0.53% SYSTEMS 1.24% CARE 0.53% S 1.23%
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 314 199,572 7487 - Other business activities 61 63,348 86210 - General medical practice activities 39 1,450 82990 - Other business support service activities not elsewhere classified 34 27,550 8512 - Medical practice activities 27 1,687 9999 - Dormant Company 25 20,144 99999 - Dormant Company 23 16,285 70229 - Management consultancy activities other than financial management 22 14,505 7414 - Business & management consultancy 20 13,474 86220 - Specialists medical practice activities 18 778 96090 - Other service activities not elsewhere classified 17 8,799 74990 - Non-trading company 17 8,243 74909 - Other professional, scientific and technical activities not elsewhere classified 16 7,088 4521 - General construction & civil engineering 16 6,598 70100 - Activities of head offices 14 2,862 7499 - Non-trading company 14 12,000 9305 - Other service activities 13 8,858 6024 - Freight transport by road 13 2,401 42990 - Construction of other civil engineering projects not elsewhere classified 13 1,430 62020 - Information technology consultancy activities 12 9,177
Recent Companies
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Randomly selected companies from this quarter
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