Spalding, Lincolnshire
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Spalding when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 290 companies were formed in Spalding in 2010. This total is 10.3% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Spalding UK 2010 290 400,358 2009 263 362,675 2008 303 349,203 2007 325 457,649 2006 283 405,440 Record Year 2007 (325) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 134 companies were formed in Spalding. This figure is 4.3% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Spalding occurred in 2003 when a total of 155 were formed.
Half Year (Jul-Dec) Spalding UK 2010 134 196,609 2009 140 180,654 % change -4.3% 8.8% Record Year 2003 (155) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 60 companies were registered in Spalding during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 16.7% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Spalding UK 2010 60 95,117 2009 72 85,983 % change -16.7% 10.6% Record Year 2003 (77) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 17 25 18 New companies in 2009 26 24 22 % change -34.6% 4.2% -18.2% Record Year 2005 (33) 2003 (33) 2008 (23)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 229 companies were dissolved in Spalding in 2010. This total is 28.7% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Spalding UK 2010 229 342,232 2009 321 533,773 2008 123 237,901 2007 142 220,295 2006 93 200,166 Record Year 2009 (321) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 116 companies were dissolved in Spalding. This figure is 24.7% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Spalding occurred in 2009 when a total of 154 were closed.
Half Year (Jul-Dec) Spalding UK 2010 116 164,601 2009 154 244,537 % change -24.7% -32.7% Record Year 2009 (154) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 49 companies were dissolved in Spalding during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 31.0% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Spalding UK 2010 49 76,896 2009 71 85,136 % change -31.0% -9.7% Record Year 2009 (71) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Spalding when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 13 25 11 Closed companies in 2009 23 23 25 % change -43.5% 8.7% -56% Record Year 2009 (23) 2010 (25) 2009 (25)
Net Company Growth
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Annual Data (2010)
A total of 61 companies were added to the company register for Spalding in 2010. This number represents growth of 23.2% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 119 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Spalding company register grew by 213 companies.
Year Spalding UK 2010 61 58,126 2009 -58 -171,098 2008 180 111,302 2007 183 237,354 2006 190 205,274 Record Year 2003 (213) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Spalding increased by 18 companies.
Half Year (Jul-Dec) Spalding UK 2010 18 32,008 2009 -14 -63,883 Record Year 2003 (117) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Spalding during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 11 companies.
fourth quarter (Oct 2010 - Dec 2010) Spalding UK 2010 11 18,221 2009 1 847 Record Year 2003 (63) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 4 0 7 Net growth in 2009 3 1 -3 Record Year 2002 (24) 2003 (27) 2006 (19)
UK Company Share
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Annual Data (2010)
In 2010 Spalding formed 0.1% of all UK companies. This is no change on 2009 when Spalding was responsible for 0.1% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Spalding formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Spalding 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Spalding formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Spalding 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1974 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -42.8% -6.9% -22.2% Record Year 1966 (0.2%) 1974 (0.5%) 1963 (0.3%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 46.8.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 8.2% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 46.7.
The percentage of directors under the age of 25 was 5.4% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 6.9% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 47.6.
The percentage of directors under the age of 25 was 7.7% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 6.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Spalding was 1857 when 36.4% of all directors were female.
The percentage of female directors in Spalding in 2010 was 32.5%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Spalding was 1860 when 42.9% of all directors were female.
28.1% of all director appointments in Spalding in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Spalding was in 1977 when 31.1% of all directors were female.
25.2% of all director appointments in Spalding in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage DRIVER 2.40% CONSULTING 5.06% (LINCS) 1.85% MANAGEMENT 5.01% J 1.66% CONSULTANCY 3.14% S 1.48% PROPERTY 2.36% M 1.29% TRADING 2.11% SPALDING 1.29% ASSOCIATES 1.95% (SPALDING) 1.11% DESIGN 1.92% TRANSPORT 1.11% BUSINESS 1.82% MANAGEMENT 1.11% CONSTRUCTION 1.82% T 1.11% CONSULTANTS 1.76% D 1.11% MEDIA 1.71% P 0.92% ENGINEERING 1.62% CONSTRUCTION 0.92% LONDON 1.60% RECRUITMENT 0.74% CARE 1.45% BUILDING 0.55% INVESTMENTS 1.44% C 0.55% GLOBAL 1.43% WELLAND 0.55% J 1.42% HPM 0.55% IT 1.41% ENGINEERING 0.55% PROPERTIES 1.34% TRAINING 0.55% INTERNATIONAL 1.34% RADICAL 0.55% BUILDING 1.34% CATERING 0.55% M 1.30% BUSINESS 0.55% ELECTRICAL 1.25% G 0.55% SYSTEMS 1.24% PROPERTIES 0.55% S 1.23%
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 154 199,572 49410 - Freight transport by road 33 2,008 6024 - Freight transport by road 28 2,401 7487 - Other business activities 26 63,348 82990 - Other business support service activities not elsewhere classified 16 27,550 9999 - Dormant Company 11 20,144 99999 - Dormant Company 11 16,285 4533 - Plumbing 10 1,526 7499 - Non-trading company 9 12,000 7260 - Other computer related activities 9 8,089 70229 - Management consultancy activities other than financial management 8 14,505 7414 - Business & management consultancy 8 13,474 96090 - Other service activities not elsewhere classified 8 8,799 74990 - Non-trading company 6 8,243 4521 - General construction & civil engineering 5 6,598 43999 - Other specialised construction activities not elsewhere classified 4 2,854 62090 - Other information technology service activities 4 6,330 4534 - Other building installation 4 2,357 70100 - Activities of head offices 4 2,862 45200 - Maintenance and repair of motor vehicles 4 2,061
Recent Companies
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Randomly selected companies from this quarter
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