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
New Company Registrations
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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.
Year Lincolnshire UK 2014 6,064 582,051 2013 5,690 529,363 2012 5,315 491,893 2011 4,600 452,870 2010 3,733 400,358 Record Year 2014 (6,064) 2014 (582,051) New Companies by Year
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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) Lincolnshire UK 2014 3,105 281,320 2013 2,995 259,931 % change 3.7% 8.2% Record Year 2014 (3,105) 2014 (281,320) New Companies by Half Year
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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) Lincolnshire UK 2014 1,499 137,906 2013 1,421 127,247 % change 5.5% 8.4% Record Year 2014 (1,499) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 561 519 419 New companies in 2013 648 439 334 % change -13.4% 18.2% 25.4% Record Year 2013 (648) 2014 (519) 2014 (419)
Closed Companies (dissolved)
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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.
Year Lincolnshire UK 2014 3,664 367,937 2013 3,237 332,213 2012 2,836 293,729 2011 2,704 314,524 2010 2,866 342,233 Record Year 2009 (4,283) 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 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) Lincolnshire UK 2014 1,791 190,730 2013 1,944 177,021 % change -7.9% 7.7% Record Year 2009 (2,019) 2009 (244,544) Dissolved Companies by Half Year
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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) Lincolnshire UK 2014 826 89,060 2013 1,081 90,851 % change -23.6% -2.0% Record Year 2013 (1,081) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 246 246 334 Closed companies in 2013 479 285 317 % change -48.6% -13.7% 5% Record Year 2013 (479) 2013 (285) 2014 (334)
Net Company Growth
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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.
Year Lincolnshire UK 2014 2,400 214,114 2013 2,453 197,150 2012 2,479 198,164 2011 1,896 138,346 2010 867 58,125 Record Year 2012 (2,479) 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 Lincolnshire increased by 1,314 companies.
Half Year (Jul-Dec) Lincolnshire UK 2014 1,314 90,590 2013 1,051 82,910 Record Year 2003 (1,383) 2003 (117,772) Net Growth by Half Year
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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) Lincolnshire UK 2014 673 48,846 2013 340 36,396 Record Year 2014 (673) 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 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
October November December Net growth in 2014 315 273 85 Net growth in 2013 169 154 17 Record Year 2014 (315) 2014 (273) 2012 (202)
UK Company Share
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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.
Year Lincolnshire 2014 1.0% 2013 1.1% 2012 1.1% 2011 1.0% 2010 0.9% Record Year (since 1960) 2002 (1.2%) Company Share by Year
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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 2014 1.1% 2013 1.2% 2012 1.2% 2011 1.0% 2010 1.0% Record Year (since 1960) 2002 (1.3%) Company Share by Half Year
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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 2014 1.1% 2013 1.1% 2012 1.1% 2011 1.0% 2010 1.0% Record Year (since 1960) 2002 (1.3%) 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 1.1% 1.1% 1.0% UK formation share in 2013 1.3% 1.0% 1.0% % change -17.6% 12.2% 7.4% Record Year 2013 (1.3%) 2002 (1.3%) 2002 (1.2%)
Director Age
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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
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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
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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
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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
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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
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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
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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 6.17% CONSULTING 5.22% CONSULTING 2.25% MANAGEMENT 4.58% MANAGEMENT 1.53% CONSULTANCY 3.57% CONSULTANCY 1.43% PROPERTY 2.66% J 1.37% CONSTRUCTION 2.12% HAULAGE 1.30% ENGINEERING 2.10% LOGISTICS 1.27% CARE 2.02% ENGINEERING 1.21% TRADING 1.94% PROPERTY 1.10% LONDON 1.93% M 1.00% TRANSPORT 1.93% C 0.88% DESIGN 1.66% CONSTRUCTION 0.87% CONSULTANTS 1.64% TRANS 0.87% ELECTRICAL 1.62% R 0.85% PROPERTIES 1.62% ELECTRICAL 0.82% BUSINESS 1.56% S 0.75% J 1.54% DRIVER 0.68% CO., 1.50% G 0.66% GLOBAL 1.49% CARE 0.65% INVESTMENTS 1.48% DRIVING 0.63% ASSOCIATES 1.47% TRAINING 0.60% DEVELOPMENTS 1.35% K 0.60% MEDIA 1.33% LINCOLN 0.60% IT 1.31% D 0.59% BUILDING 1.29% BUSINESS 0.57% 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 3,015 265,608 49410 - Freight transport by road 1,397 10,842 99999 - Dormant Company 383 48,509 70229 - Management consultancy activities other than financial management 319 42,290 82990 - Other business support service activities not elsewhere classified 257 58,068 96090 - Other service activities not elsewhere classified 236 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 176 19,049 41100 - Development of building projects 134 11,397 43999 - Other specialised construction activities not elsewhere classified 123 8,761 68209 - Other letting and operating of own or leased real estate 118 11,212 62020 - Information technology consultancy activities 117 30,178 56302 - Public houses and bars 102 6,285 86220 - Specialists medical practice activities 101 4,031 47910 - Retail sale via mail order houses or via Internet 99 10,107 45200 - Maintenance and repair of motor vehicles 97 5,425 86210 - General medical practice activities 97 4,591 86900 - Other human health activities 88 12,976 43220 - Plumbing, heat and air-conditioning installation 88 5,189 43210 - Electrical installation 79 5,985 41202 - Construction of domestic buildings 77 7,559
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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