Lincolnshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Lincolnshire when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Lincolnshire when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company registrations in Lincolnshire when compared to any half year in history.
  • Q4 2014 saw a new record in company registrations in Lincolnshire when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Lincolnshire when compared to any previous December.
  • November 2014 saw a new record in company registrations in Lincolnshire when compared to any previous November.
  • December 2014 saw a new record in company closures in Lincolnshire when compared to any previous December.
  • November 2014 saw a new record in net growth in Lincolnshire when compared to any previous November.
  • October 2014 saw a new record in net growth in Lincolnshire when compared to any previous October.

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. Annual Data (2014)

    2014 was a record year for company registrations in Lincolnshire when compared to any year in history.

    A total of 6,064 companies were formed in Lincolnshire in 2014. This total is 6.6% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearLincolnshireUK
    20146,064582,051
    20135,690529,363
    20125,315491,893
    20114,600452,870
    20103,733400,358
    Record Year2014 (6,064)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Lincolnshire when compared to any previous second half year.

    The second half of 2014 was a record second half year for company registrations in Lincolnshire when compared to any half year in history.

    In the second half of 2014 a total of 3,105 companies were formed in Lincolnshire. This figure is 3.7% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Lincolnshire occurred in 2014 when a total of 3,105 were formed.

    Half Year (Jul-Dec)LincolnshireUK
    20143,105281,320
    20132,995259,931
    % change3.7%8.2%
    Record Year2014 (3,105)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Lincolnshire when compared to any previous Q4.

    A total of 1,499 companies were registered in Lincolnshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 5.5% 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)LincolnshireUK
    20141,499137,906
    20131,421127,247
    % change5.5%8.4%
    Record Year 2014 (1,499) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Lincolnshire when compared to any previous December.

    November 2014 saw a new record in company registrations in Lincolnshire when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014561519419
    New companies in 2013648439334
    % change-13.4%18.2%25.4%
    Record Year2013 (648)2014 (519)2014 (419)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 3,664 companies were dissolved in Lincolnshire in 2014. This total is 13.2% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearLincolnshireUK
    20143,664367,937
    20133,237332,213
    20122,836293,729
    20112,704314,524
    20102,866342,233
    Record Year2009 (4,283)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 1,791 companies were dissolved in Lincolnshire. This figure is 7.9% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Lincolnshire occurred in 2009 when a total of 2,019 were closed.

    Half Year (Jul-Dec)LincolnshireUK
    20141,791190,730
    20131,944177,021
    % change-7.9%7.7%
    Record Year2009 (2,019)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 826 companies were dissolved in Lincolnshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 23.6% 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)LincolnshireUK
    201482689,060
    20131,08190,851
    % change-23.6%-2.0%
    Record Year 2013 (1,081) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Lincolnshire when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014246246334
    Closed companies in 2013479285317
    % change-48.6%-13.7%5%
    Record Year2013 (479)2013 (285)2014 (334)

Net Company Growth

  1. Annual Data (2014)

    A total of 2,400 companies were added to the company register for Lincolnshire in 2014. This number represents growth of 39.6% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 53 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Lincolnshire company register grew by 2,479 companies.

    YearLincolnshireUK
    20142,400214,114
    20132,453197,150
    20122,479198,164
    20111,896138,346
    201086758,125
    Record Year2012 (2,479)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Lincolnshire increased by 1,314 companies.

    Half Year (Jul-Dec)LincolnshireUK
    20141,31490,590
    20131,05182,910
    Record Year2003 (1,383)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Lincolnshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 673 companies.

    fourth quarter (Oct 2014 - Dec 2014)LincolnshireUK
    201467348,846
    201334036,396
    Record Year 2014 (673) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in net growth in Lincolnshire when compared to any previous November.

    October 2014 saw a new record in net growth in Lincolnshire when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201431527385
    Net growth in 201316915417
    Record Year2014 (315)2014 (273)2012 (202)

UK Company Share

  1. Annual Data (2014)

    In 2014 Lincolnshire formed 1.0% of all UK companies. This is a decline on 2013 when Lincolnshire was responsible for 1.1% of all UK companies.

    YearLincolnshire
    20141.0%
    20131.1%
    20121.1%
    20111.0%
    20100.9%
    Record Year (since 1960)2002 (1.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Lincolnshire formed 1.1% of all UK companies. This is less than the 2013 figure of 1.2%.

    Half Year (Jul-Dec)Lincolnshire
    20141.1%
    20131.2%
    20121.2%
    20111.0%
    20101.0%
    Record Year (since 1960) 2002 (1.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Lincolnshire formed 1.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Lincolnshire
    20141.1%
    20131.1%
    20121.1%
    20111.0%
    20101.0%
    Record Year (since 1960) 2002 (1.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20141.1%1.1%1.0%
    UK formation share in 20131.3%1.0%1.0%
    % change-17.6%12.2%7.4%
    Record Year2013 (1.3%)2002 (1.3%)2002 (1.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.7.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 44.5.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.9.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Lincolnshire was 2003 when 36.9% of all directors were female.

    The percentage of female directors in Lincolnshire in 2014 was 26.7%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Lincolnshire was 2005 when 33.8% of all directors were female.

    26.7% of all director appointments in Lincolnshire 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
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Lincolnshire was in 2007 when 34.1% of all directors were female.

    26.5% of all director appointments in Lincolnshire 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

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    TRANSPORT6.17%CONSULTING5.22%
    CONSULTING2.25%MANAGEMENT4.58%
    MANAGEMENT1.53%CONSULTANCY3.57%
    CONSULTANCY1.43%PROPERTY2.66%
    J1.37%CONSTRUCTION2.12%
    HAULAGE1.30%ENGINEERING2.10%
    LOGISTICS1.27%CARE2.02%
    ENGINEERING1.21%TRADING1.94%
    PROPERTY1.10%LONDON1.93%
    M1.00%TRANSPORT1.93%
    C0.88%DESIGN1.66%
    CONSTRUCTION0.87%CONSULTANTS1.64%
    TRANS0.87%ELECTRICAL1.62%
    R0.85%PROPERTIES1.62%
    ELECTRICAL0.82%BUSINESS1.56%
    S0.75%J1.54%
    DRIVER0.68%CO.,1.50%
    G0.66%GLOBAL1.49%
    CARE0.65%INVESTMENTS1.48%
    DRIVING0.63%ASSOCIATES1.47%
    TRAINING0.60%DEVELOPMENTS1.35%
    K0.60%MEDIA1.33%
    LINCOLN0.60%IT1.31%
    D0.59%BUILDING1.29%
    BUSINESS0.57%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,015265,608
    49410 - Freight transport by road1,39710,842
    99999 - Dormant Company38348,509
    70229 - Management consultancy activities other than financial management31942,290
    82990 - Other business support service activities not elsewhere classified25758,068
    96090 - Other service activities not elsewhere classified23629,009
    74909 - Other professional, scientific and technical activities not elsewhere classified17619,049
    41100 - Development of building projects13411,397
    43999 - Other specialised construction activities not elsewhere classified1238,761
    68209 - Other letting and operating of own or leased real estate11811,212
    62020 - Information technology consultancy activities11730,178
    56302 - Public houses and bars1026,285
    86220 - Specialists medical practice activities1014,031
    47910 - Retail sale via mail order houses or via Internet9910,107
    45200 - Maintenance and repair of motor vehicles975,425
    86210 - General medical practice activities974,591
    86900 - Other human health activities8812,976
    43220 - Plumbing, heat and air-conditioning installation885,189
    43210 - Electrical installation795,985
    41202 - Construction of domestic buildings777,559

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09255489 DHINSA THORNE LIMITED 08 Oct 2014
    09261184 RHINO RHINO LTD 13 Oct 2014
    09264516 RTF ELECTRICAL LTD 15 Oct 2014
    09245919 HARLE BUILD LTD 02 Oct 2014
    09253349 ANDY THOMPSON LIMITED 07 Oct 2014
    09254712 KOTYS LTD 08 Oct 2014
    09262324 POWER & TRANSMISSION LTD 14 Oct 2014
    09277253 STEPH.DEWHURST LIMITED 23 Oct 2014
    09266767 DNS CATERING LIMITED 16 Oct 2014
    09273704 R&A PROFESSIONAL BEAUTY TREATMENTS LIMITED 21 Oct 2014
    09257319 DM7948 LTD 09 Oct 2014
    09268059 NGP LOGISTICS LIMITED 16 Oct 2014
    09285189 AMS COMPUTER SERVICES LTD 29 Oct 2014
    09246791 JACKSON DRIVING SOLUTIONS LTD 02 Oct 2014
    09249021 UNBLOCK MY DRAIN (UK) LTD 06 Oct 2014
    09251512 D.B. TRANSPORT SOLUTIONS LTD 07 Oct 2014
    09264274 RED LION REDBOURNE LTD 15 Oct 2014
    09287796 AMBERNANNY LIMITED 30 Oct 2014
    09288846 FROST ELECTRICAL ENGINEERING LTD 30 Oct 2014
    09242665 SEAFOOD EXPRESS LTD 01 Oct 2014
    09243135 Q50SF LIMITED 01 Oct 2014
    09243339 TRADITIONAL GATES LIMITED 01 Oct 2014
    09244377 GRIMSBY SCAFFOLDING SERVICES LTD. 01 Oct 2014
    09245455 JTJ HOMES LIMITED 02 Oct 2014
    09248520 OLCON LIMITED 03 Oct 2014