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Lincoln, Lincolnshire

Q1 2012 Business Confidence Report

Headlines

  • February 2012 saw a new record in company closures in Lincoln when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 352 companies were registered in Lincoln during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 7.6% versus the same period last year (Q1 2011). This figure compares badly to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)LincolnUK
    2012352131,491
    2011381116,391
    % change-7.6%13.0%
    Record Year 2007 (588) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201292110150
    New companies in 2011114111156
    % change-19.3%-0.9%-3.8%
    Record Year2011 (114)2011 (111)2007 (467)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 124 companies were dissolved in Lincoln during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 13.3% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)LincolnUK
    201212467,576
    201114390,987
    % change-13.3%-25.7%
    Record Year 2010 (197) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company closures in Lincoln when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012504826
    Closed companies in 2011514151
    % change-2.0%17.1%-49%
    Record Year2010 (111)2012 (48)2009 (95)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Lincoln during the first quarter of 2012 (Jan 2012 - Mar 2012) was 228 companies.

    first quarter (Jan 2012 - Mar 2012)LincolnUK
    201222863,915
    201123825,404
    Record Year 2007 (496) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20124262124
    Net growth in 20116370105
    Record Year2003 (79)2011 (70)2007 (440)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Lincoln formed 0.3% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Lincoln
    20120.3%
    20110.3%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960) 2007 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.2%0.2%0.3%
    UK formation share in 20110.3%0.3%0.3%
    % change-30.8%-15.2%-10.0%
    Record Year1963 (0.6%)1976 (0.6%)2007 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 44.9.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Lincoln was in 1861 when 40.0% of all directors were female.

    25.0% of all director appointments in Lincoln in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    TRANSPORT6.31%CONSULTING5.07%
    DRIVING3.43%MANAGEMENT4.74%
    LINCOLN2.12%CONSULTANCY3.30%
    (LINCOLN)1.52%PROPERTY2.37%
    D1.46%TRADING2.07%
    LOGISTICS1.41%DESIGN1.93%
    DRIVER1.41%ENGINEERING1.86%
    J1.21%ASSOCIATES1.84%
    MANAGEMENT1.11%CONSULTANTS1.79%
    ENGINEERING1.01%BUSINESS1.73%
    G0.96%MEDIA1.72%
    C0.96%CONSTRUCTION1.72%
    S0.96%LONDON1.66%
    M0.96%J1.54%
    CONSULTANCY0.96%INVESTMENTS1.51%
    SCHOOL0.91%GLOBAL1.50%
    P0.86%IT1.40%
    MILK0.81%CARE1.34%
    PROPERTY0.76%PROPERTIES1.31%
    DR0.76%ELECTRICAL1.27%
    CONSTRUCTION0.76%M1.27%
    K0.71%BUILDING1.24%
    R0.71%ENERGY1.20%
    PAUL0.66%S1.20%
    L0.66%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied566216,665
    49410 - Freight transport by road1502,781
    86210 - General medical practice activities832,594
    7487 - Other business activities6652,735
    6024 - Freight transport by road572,121
    82990 - Other business support service activities not elsewhere classified5235,233
    8512 - Medical practice activities492,116
    86220 - Specialists medical practice activities381,845
    99999 - Dormant Company3825,084
    70229 - Management consultancy activities other than financial management3819,704
    7414 - Business & management consultancy2312,113
    74909 - Other professional, scientific and technical activities not elsewhere classified229,892
    9999 - Dormant Company2018,617
    62020 - Information technology consultancy activities1814,303
    43210 - Electrical installation153,573
    43999 - Other specialised construction activities not elsewhere classified143,931
    4521 - General construction & civil engineering135,169
    96020 - Hairdressing and other beauty treatment122,798
    47990 - Other retail sale not in stores, stalls or markets123,129
    9305 - Other service activities128,818

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07935783 DESIGN SPACE ARCHITECTURE LTD 03 Feb 2012
    07949482 BLUE MAPLE LTD 14 Feb 2012
    07953438 PKPH LTD 17 Feb 2012
    07962659 LINCOLN AUTO SERVICE LIMITED 23 Feb 2012
    07965579 DECAD LTD. 27 Feb 2012
    07941909 COMMUNITY ASSETS PLUS 08 Feb 2012
    07953608 THE FRAME ROOM OF LINCOLN LTD 17 Feb 2012
    07952695 INSPECTION MANAGEMENT PROJECT SERVICES LTD 16 Feb 2012
    07969652 EQUI-NATIONAL TRANSPORT LTD 29 Feb 2012
    07937412 R.M.K.HAULAGE LTD 06 Feb 2012
    07962560 THE OLD PRINT WORKS MANAGEMENT COMPANY LIMITED 23 Feb 2012
    07931097 SHAUN HORTON LTD 01 Feb 2012
    07936982 RAWSON ROAD SERVICES LTD 06 Feb 2012
    07940287 ROOJUE DRIVING LTD 07 Feb 2012
    07940464 E.I.C.S. PRODUCTS LIMITED 07 Feb 2012
    07942461 MARTIN CROWE LTD 09 Feb 2012
    07944238 THE RITZ CINEMA & THEATRE LIMITED 09 Feb 2012
    07944536 WSP FABRICATIONS LTD 10 Feb 2012
    07944596 CALLUM LENNON LTD 10 Feb 2012
    07948264 GRAHAM ALEX TRANSPORT LTD 14 Feb 2012
    07952837 AARCO RENEWABLE TECHNOLOGIES LTD 16 Feb 2012
    07953434 D S L DRIVING LTD 17 Feb 2012
    07953742 BYLAND COUNTRYSIDE SERVICES LTD 17 Feb 2012
    07959420 RST CONSTRUCTION LTD 21 Feb 2012
    07961147 CHADWICK LOGISTICS LTD 23 Feb 2012