Spalding, Lincolnshire
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company closures in Spalding when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 156 companies were formed in Spalding. This figure is 26.8% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Spalding occurred in 2008 when a total of 174 were formed.
Half Year (Jan-Jun) Spalding UK 2010 156 203,749 2009 123 182,021 % change 26.8% 11.9% Record Year 2008 (174) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 72 companies were registered in Spalding during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 7.5% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Spalding UK 2010 72 98,612 2009 67 90,987 % change 7.5% 8.4% Record Year 2007 (89) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 25 17 30 New companies in 2009 16 20 31 % change 56.3% -15.0% -3.2% Record Year 2006 (27) 2007 (46) 2008 (38)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 113 companies were dissolved in Spalding. This figure is 32.3% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Spalding occurred in 2009 when a total of 167 were closed.
Half Year (Jan-Jun) Spalding UK 2010 113 177,631 2009 167 289,236 % change -32.3% -38.6% Record Year 2009 (167) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 57 companies were dissolved in Spalding during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 50.0% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Spalding UK 2010 57 94,954 2009 114 181,176 % change -50.0% -47.6% Record Year 2009 (114) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company closures in Spalding when compared to any previous June.
Dissolved Companies by Month
April May June Closed companies in 2010 13 18 26 Closed companies in 2009 35 61 18 % change -62.9% -70.5% 44% Record Year 2009 (35) 2009 (61) 2010 (26)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Spalding increased by 43 companies.
Half Year (Jan-Jun) Spalding UK 2010 43 26,118 2009 -44 -107,215 Record Year 2008 (130) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Spalding during the second quarter of 2010 (Apr 2010 - Jun 2010) was 15 companies.
second quarter (Apr 2010 - Jun 2010) Spalding UK 2010 15 3,658 2009 -47 -90,189 Record Year 2008 (64) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 12 -1 4 Net growth in 2009 -19 -41 13 Record Year 2005 (18) 2007 (27) 2003 (21)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Spalding formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) Spalding 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1961 (0.3%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Spalding formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Spalding 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1961 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 43.8% -19.0% -13.0% Record Year 1962 (0.4%) 1972 (0.3%) 1961 (0.3%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 46.9.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 9.4% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 47.7.
The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 12.1% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Spalding was 1861 when 40.0% of all directors were female.
32.5% of all director appointments in Spalding in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Spalding was in 1866 when 66.7% of all directors were female.
33.3% of all director appointments in Spalding in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage DRIVER 2.40% MANAGEMENT 5.01% (SPALDING) 1.66% CONSULTING 4.79% MANAGEMENT 1.48% CONSULTANCY 3.02% CONSTRUCTION 1.29% PROPERTY 2.40% T 1.29% ASSOCIATES 2.02% M 1.29% TRADING 2.01% (LINCS) 1.11% DESIGN 1.91% TRANSPORT 1.11% CONSTRUCTION 1.85% D 1.11% MEDIA 1.80% P 1.11% BUSINESS 1.75% J 1.11% CONSULTANTS 1.71% CENTRE 1.11% INTERNATIONAL 1.59% R 0.92% ENGINEERING 1.56% K 0.92% LONDON 1.52% SPALDING 0.92% INVESTMENTS 1.49% TRAINING 0.74% J 1.46% HOUSE 0.74% CARE 1.41% CONSULTING 0.74% GLOBAL 1.39% GROUP 0.55% PROPERTIES 1.35% SONS 0.55% BUILDING 1.33% DEVELOPMENTS 0.55% M 1.29% RECRUITMENT 0.55% IT 1.28% BUILDING 0.55% ELECTRICAL 1.27% BLACK 0.55% GROUP 1.25% SECURITY 0.55% DEVELOPMENTS 1.25%
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 162 207,125 6024 - Freight transport by road 34 2,960 49410 - Freight transport by road 27 1,954 7487 - Other business activities 27 68,525 82990 - Other business support service activities not elsewhere classified 18 25,942 7499 - Non-trading company 13 13,997 9999 - Dormant Company 11 19,842 4533 - Plumbing 10 1,723 70229 - Management consultancy activities other than financial management 9 13,490 99999 - Dormant Company 9 14,342 7260 - Other computer related activities 8 9,122 4521 - General construction & civil engineering 7 8,262 74990 - Non-trading company 7 7,893 7414 - Business & management consultancy 7 14,598 96090 - Other service activities not elsewhere classified 6 7,922 8514 - Other human health activities 6 2,490 70100 - Activities of head offices 5 2,912 7011 - Development & sell real estate 5 4,579 46310 - Wholesale of fruit and vegetables 4 191 7412 - Accounting, auditing; tax consult 4 2,571
Recent Companies
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Randomly selected companies from this quarter
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