Lincoln, Lincolnshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Lincoln when compared to any year in history.
- 2014 was a record year for company closures in Lincoln when compared to any year in history.
- November 2014 saw a new record in net growth in Lincoln when compared to any previous November.
- October 2014 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 (2014)
2014 was a record year for company registrations in Lincoln when compared to any year in history.
A total of 2,008 companies were formed in Lincoln in 2014. This total is 1.9% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Lincoln UK 2014 2,008 582,051 2013 1,971 529,363 2012 1,926 491,893 2011 1,430 452,870 2010 1,020 400,358 Record Year 2014 (2,008) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 1,046 companies were formed in Lincoln. This figure is 0.9% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Lincoln occurred in 2012 when a total of 1,105 were formed.
Half Year (Jul-Dec) Lincoln UK 2014 1,046 281,320 2013 1,055 259,931 % change -0.9% 8.2% Record Year 2012 (1,105) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 513 companies were registered in Lincoln during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 8.0% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Lincoln UK 2014 513 137,906 2013 475 127,247 % change 8.0% 8.4% Record Year 2012 (542) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 197 176 140 New companies in 2013 238 153 84 % change -17.2% 15.0% 66.7% Record Year 2013 (238) 2012 (184) 2012 (147)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Lincoln when compared to any year in history.
A total of 1,176 companies were dissolved in Lincoln in 2014. This total is 57.9% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Lincoln UK 2014 1,176 367,937 2013 745 332,213 2012 826 293,729 2011 519 314,524 2010 636 342,233 Record Year 2014 (1,176) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 480 companies were dissolved in Lincoln. This figure is 9.6% higher than last year, which compares badly to the UK wide change of 7.7%.
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 2014 480 190,730 2013 438 177,021 % change 9.6% 7.7% Record Year 2009 (540) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 198 companies were dissolved in Lincoln during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 30.3% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Lincoln UK 2014 198 89,060 2013 284 90,851 % change -30.3% -2.0% Record Year 2013 (284) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 61 69 68 Closed companies in 2013 116 70 98 % change -47.4% -1.4% -31% Record Year 2012 (121) 2012 (91) 2013 (98)
Net Company Growth
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Annual Data (2014)
A total of 832 companies were added to the company register for Lincoln in 2014. This number represents growth of 41.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 394 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Lincoln company register grew by 1,226 companies.
Year Lincoln UK 2014 832 214,114 2013 1,226 197,150 2012 1,100 198,164 2011 911 138,346 2010 384 58,125 Record Year 2013 (1,226) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Lincoln increased by 566 companies.
Half Year (Jul-Dec) Lincoln UK 2014 566 90,590 2013 617 82,910 Record Year 2012 (624) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Lincoln during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 315 companies.
fourth quarter (Oct 2014 - Dec 2014) Lincoln UK 2014 315 48,846 2013 191 36,396 Record Year 2014 (315) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in net growth in Lincoln when compared to any previous November.
October 2014 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 2014 136 107 72 Net growth in 2013 122 83 -14 Record Year 2014 (136) 2014 (107) 2012 (96)
UK Company Share
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Annual Data (2014)
In 2014 Lincoln formed 0.3% of all UK companies. This is a decline on 2013 when Lincoln was responsible for 0.4% of all UK companies.
Year Lincoln 2014 0.3% 2013 0.4% 2012 0.4% 2011 0.3% 2010 0.3% Record Year (since 1960) 2012 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Lincoln formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.
Half Year (Jul-Dec) 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 Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Lincoln formed 0.4% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Lincoln 2014 0.4% 2013 0.4% 2012 0.5% 2011 0.3% 2010 0.4% Record Year (since 1960) 2012 (0.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.4% 0.4% 0.3% UK formation share in 2013 0.5% 0.4% 0.2% % change -21.3% 9.2% 42.6% Record Year 2013 (0.5%) 2012 (0.4%) 2012 (0.5%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 44.3.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 44.1.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.5.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Lincoln was 1985 when 75.0% of all directors were female.
The percentage of female directors in Lincoln in 2014 was 21.3%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Lincoln was 2006 when 33.6% of all directors were female.
20.9% of all director appointments in Lincoln in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Lincoln was in 2007 when 35.7% of all directors were female.
19.5% of all director appointments in Lincoln in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TRANSPORT 11.57% CONSULTING 5.22% CONSULTING 3.76% MANAGEMENT 4.58% LOGISTICS 2.05% CONSULTANCY 3.57% HAULAGE 1.97% PROPERTY 2.66% MANAGEMENT 1.60% CONSTRUCTION 2.12% J 1.45% ENGINEERING 2.10% LINCOLN 1.34% CARE 2.02% CONSULTANCY 1.23% TRADING 1.94% M 1.15% LONDON 1.93% DRIVING 1.15% TRANSPORT 1.93% (LINCOLN) 1.04% DESIGN 1.66% BUSINESS 0.89% CONSULTANTS 1.64% R 0.86% ELECTRICAL 1.62% ENGINEERING 0.78% PROPERTIES 1.62% C 0.78% BUSINESS 1.56% DRIVER 0.74% J 1.54% TRAFFIC 0.71% CO., 1.50% PROJECT 0.71% GLOBAL 1.49% S 0.67% INVESTMENTS 1.48% K 0.63% ASSOCIATES 1.47% PROPERTY 0.60% DEVELOPMENTS 1.35% D 0.60% MEDIA 1.33% P 0.60% IT 1.31% IT 0.56% BUILDING 1.29% CONSTRUCTION 0.52% M 1.22%
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 1,393 265,608 49410 - Freight transport by road 923 10,842 99999 - Dormant Company 90 48,509 82990 - Other business support service activities not elsewhere classified 81 58,068 70229 - Management consultancy activities other than financial management 76 42,290 86220 - Specialists medical practice activities 59 4,031 86210 - General medical practice activities 47 4,591 74909 - Other professional, scientific and technical activities not elsewhere classified 44 19,049 96090 - Other service activities not elsewhere classified 35 29,009 41100 - Development of building projects 33 11,397 62020 - Information technology consultancy activities 31 30,178 47910 - Retail sale via mail order houses or via Internet 29 10,107 68209 - Other letting and operating of own or leased real estate 26 11,212 86230 - Dental practice activities 26 2,164 86900 - Other human health activities 25 12,976 43999 - Other specialised construction activities not elsewhere classified 24 8,761 56302 - Public houses and bars 21 6,285 71129 - Other engineering activities 21 6,132 43210 - Electrical installation 21 5,985 43220 - Plumbing, heat and air-conditioning installation 21 5,189
Recent Companies
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Randomly selected companies from this quarter
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