Lincoln, Lincolnshire
Q3 2014 Business Confidence Report
Headlines
- July 2014 saw a new record in company closures in Lincoln when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 533 companies were registered in Lincoln during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 8.1% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Lincoln UK 2014 533 143,414 2013 580 132,684 % change -8.1% 8.1% Record Year 2013 (580) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
New Companies by Month
July August September New companies in 2014 167 191 175 New companies in 2013 172 201 207 % change -2.9% -5.0% -15.5% Record Year 2012 (182) 2012 (208) 2013 (207)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 282 companies were dissolved in Lincoln during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 83.1% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Lincoln UK 2014 282 101,670 2013 154 86,170 % change 83.1% 18.0% Record Year 2009 (335) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Lincoln when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 114 74 94 Closed companies in 2013 53 48 53 % change 115.1% 54.2% 77% Record Year 2014 (114) 2009 (114) 2009 (182)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Lincoln during the third quarter of 2014 (Jul 2014 - Sep 2014) was 251 companies.
third quarter (Jul 2014 - Sep 2014) Lincoln UK 2014 251 41,744 2013 426 46,514 Record Year 2013 (426) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 53 117 81 Net growth in 2013 119 153 154 Record Year 2013 (119) 2013 (153) 2013 (154)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Lincoln formed 0.4% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Lincoln 2014 0.4% 2013 0.4% 2012 0.5% 2011 0.3% 2010 0.3% Record Year (since 1960) 2012 (0.5%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.3% 0.4% 0.4% UK formation share in 2013 0.4% 0.5% 0.5% % change -11.8% -9.4% -22.4% Record Year 2012 (0.4%) 2012 (0.5%) 2013 (0.5%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 44.6.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Lincoln was in 2006 when 35.1% of all directors were female.
22.3% of all director appointments in Lincoln in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TRANSPORT 13.04% CONSULTING 5.17% CONSULTING 2.77% MANAGEMENT 4.63% LOGISTICS 2.12% CONSULTANCY 3.55% HAULAGE 1.86% PROPERTY 2.62% J 1.63% ENGINEERING 2.07% DRIVING 1.59% CONSTRUCTION 2.05% MANAGEMENT 1.55% TRADING 2.00% M 1.52% LONDON 1.95% LINCOLN 1.44% CARE 1.94% (LINCOLN) 1.17% TRANSPORT 1.76% D 1.06% DESIGN 1.70% S 0.99% CONSULTANTS 1.70% CONSULTANCY 0.95% PROPERTIES 1.63% C 0.87% BUSINESS 1.62% R 0.80% J 1.53% ENGINEERING 0.76% ELECTRICAL 1.53% BUSINESS 0.68% GLOBAL 1.51% DRIVER 0.68% INVESTMENTS 1.50% P 0.64% ASSOCIATES 1.48% SERVICE 0.61% MEDIA 1.38% DEVELOPMENTS 0.61% CO., 1.36% CONSTRUCTION 0.57% DEVELOPMENTS 1.35% K 0.57% BUILDING 1.30% T 0.53% IT 1.30% TRAFFIC 0.53% M 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 1,388 278,481 49410 - Freight transport by road 861 9,960 99999 - Dormant Company 86 48,286 82990 - Other business support service activities not elsewhere classified 82 57,264 70229 - Management consultancy activities other than financial management 72 40,717 86220 - Specialists medical practice activities 60 3,889 86210 - General medical practice activities 48 4,406 74909 - Other professional, scientific and technical activities not elsewhere classified 41 18,890 96090 - Other service activities not elsewhere classified 40 28,224 41100 - Development of building projects 34 10,604 47910 - Retail sale via mail order houses or via Internet 31 9,914 62020 - Information technology consultancy activities 29 29,313 43220 - Plumbing, heat and air-conditioning installation 24 5,083 43999 - Other specialised construction activities not elsewhere classified 24 8,501 96020 - Hairdressing and other beauty treatment 23 6,630 86230 - Dental practice activities 23 2,061 71129 - Other engineering activities 23 5,930 68209 - Other letting and operating of own or leased real estate 21 10,361 86900 - Other human health activities 21 11,807 41202 - Construction of domestic buildings 20 7,151
Recent Companies
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Randomly selected companies from this quarter
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