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

  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. 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)SpaldingUK
    2010156203,749
    2009123182,021
    % change26.8%11.9%
    Record Year2008 (174)2007 (279,097)
    New Companies by Half Year
  2. 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)SpaldingUK
    20107298,612
    20096790,987
    % change7.5%8.4%
    Record Year 2007 (89) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010251730
    New companies in 2009162031
    % change56.3%-15.0%-3.2%
    Record Year2006 (27)2007 (46)2008 (38)

Closed Companies (dissolved)

  1. 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)SpaldingUK
    2010113177,631
    2009167289,236
    % change-32.3%-38.6%
    Record Year2009 (167)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)SpaldingUK
    20105794,954
    2009114181,176
    % change-50.0%-47.6%
    Record Year 2009 (114) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2010131826
    Closed companies in 2009356118
    % change-62.9%-70.5%44%
    Record Year2009 (35)2009 (61)2010 (26)

Net Company Growth

  1. 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)SpaldingUK
    20104326,118
    2009-44-107,215
    Record Year2008 (130)2007 (171,296)
    Net Growth by Half Year
  2. 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)SpaldingUK
    2010153,658
    2009-47-90,189
    Record Year 2008 (64) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201012-14
    Net growth in 2009-19-4113
    Record Year2005 (18)2007 (27)2003 (21)

UK Company Share

  1. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1961 (0.3%)
    Company Share by Half Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1961 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change43.8%-19.0%-13.0%
    Record Year1962 (0.4%)1972 (0.3%)1961 (0.3%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    DRIVER2.40%MANAGEMENT5.01%
    (SPALDING)1.66%CONSULTING4.79%
    MANAGEMENT1.48%CONSULTANCY3.02%
    CONSTRUCTION1.29%PROPERTY2.40%
    T1.29%ASSOCIATES2.02%
    M1.29%TRADING2.01%
    (LINCS)1.11%DESIGN1.91%
    TRANSPORT1.11%CONSTRUCTION1.85%
    D1.11%MEDIA1.80%
    P1.11%BUSINESS1.75%
    J1.11%CONSULTANTS1.71%
    CENTRE1.11%INTERNATIONAL1.59%
    R0.92%ENGINEERING1.56%
    K0.92%LONDON1.52%
    SPALDING0.92%INVESTMENTS1.49%
    TRAINING0.74%J1.46%
    HOUSE0.74%CARE1.41%
    CONSULTING0.74%GLOBAL1.39%
    GROUP0.55%PROPERTIES1.35%
    SONS0.55%BUILDING1.33%
    DEVELOPMENTS0.55%M1.29%
    RECRUITMENT0.55%IT1.28%
    BUILDING0.55%ELECTRICAL1.27%
    BLACK0.55%GROUP1.25%
    SECURITY0.55%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied162207,125
    6024 - Freight transport by road342,960
    49410 - Freight transport by road271,954
    7487 - Other business activities2768,525
    82990 - Other business support service activities not elsewhere classified1825,942
    7499 - Non-trading company1313,997
    9999 - Dormant Company1119,842
    4533 - Plumbing101,723
    70229 - Management consultancy activities other than financial management913,490
    99999 - Dormant Company914,342
    7260 - Other computer related activities89,122
    4521 - General construction & civil engineering78,262
    74990 - Non-trading company77,893
    7414 - Business & management consultancy714,598
    96090 - Other service activities not elsewhere classified67,922
    8514 - Other human health activities62,490
    70100 - Activities of head offices52,912
    7011 - Development & sell real estate54,579
    46310 - Wholesale of fruit and vegetables4191
    7412 - Accounting, auditing; tax consult42,571

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07267078 CLOUDBURST TRADING LIMITED 27 May 2010
    07265163 GAUNTLET SERVICES (LINCS) LIMITED 26 May 2010
    07260750 JADE RECRUITMENT SOLUTIONS LIMITED 21 May 2010
    07258926 CHRIS JOSE LIMITED 19 May 2010
    07257941 CHARLES CROFT RESIDENTS MANAGEMENT COMPANY LTD. 18 May 2010
    07256033 FWR MOTORCYCLES LTD 17 May 2010
    07255643 GROWING HOPE LIMITED 17 May 2010
    07254829 PHIL & LINDA SENIOR CARE LTD 17 May 2010
    07253933 BOSTON MARINA LTD 14 May 2010
    07253252 S J SHARPE TRANSPORT LIMITED 13 May 2010
    07247741 MRN DISTRIBUTION LIMITED 10 May 2010
    07245537 MICK POTTER STRUCTURAL LIMITED 06 May 2010
    07244666 NAYLOR PRODUCE LIMITED 06 May 2010
    07243992 NAYLOR FAMILY HOLDING LIMITED 05 May 2010
    07261536 WINGLAND AIRFIELD MANAGEMENT (1996) LIMITED 21 May 2010
    07247708 ECONO-CARE LTD 10 May 2010
    07247663 ECONO-BEAUTY LTD 10 May 2010

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