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

  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 (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.

    YearSpaldingUK
    2010290400,358
    2009263362,675
    2008303349,203
    2007325457,649
    2006283405,440
    Record Year2007 (325)2007 (457,649)
    New Companies by Year
  2. 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)SpaldingUK
    2010134196,609
    2009140180,654
    % change-4.3%8.8%
    Record Year2003 (155)2003 (201,446)
    New Companies by Half Year
  3. 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)SpaldingUK
    20106095,117
    20097285,983
    % change-16.7%10.6%
    Record Year 2003 (77) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010172518
    New companies in 2009262422
    % change-34.6%4.2%-18.2%
    Record Year2005 (33)2003 (33)2008 (23)

Closed Companies (dissolved)

  1. 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.

    YearSpaldingUK
    2010229342,232
    2009321533,773
    2008123237,901
    2007142220,295
    200693200,166
    Record Year2009 (321)2009 (533,773)
    Dissolved Companies by Year
  2. 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)SpaldingUK
    2010116164,601
    2009154244,537
    % change-24.7%-32.7%
    Record Year2009 (154)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)SpaldingUK
    20104976,896
    20097185,136
    % change-31.0%-9.7%
    Record Year 2009 (71) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2010132511
    Closed companies in 2009232325
    % change-43.5%8.7%-56%
    Record Year2009 (23)2010 (25)2009 (25)

Net Company Growth

  1. 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.

    YearSpaldingUK
    20106158,126
    2009-58-171,098
    2008180111,302
    2007183237,354
    2006190205,274
    Record Year2003 (213)2003 (242,543)
    Net Growth by Year
  2. 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)SpaldingUK
    20101832,008
    2009-14-63,883
    Record Year2003 (117)2003 (117,772)
    Net Growth by Half Year
  3. 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)SpaldingUK
    20101118,221
    20091847
    Record Year 2003 (63) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010407
    Net growth in 200931-3
    Record Year2002 (24)2003 (27)2006 (19)

UK Company Share

  1. 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.

    YearSpalding
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1961 (0.2%)
    Company Share by Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1968 (0.2%)
    Company Share by Half Year
  3. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1974 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-42.8%-6.9%-22.2%
    Record Year1966 (0.2%)1974 (0.5%)1963 (0.3%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    DRIVER2.40%CONSULTING5.06%
    (LINCS)1.85%MANAGEMENT5.01%
    J1.66%CONSULTANCY3.14%
    S1.48%PROPERTY2.36%
    M1.29%TRADING2.11%
    SPALDING1.29%ASSOCIATES1.95%
    (SPALDING)1.11%DESIGN1.92%
    TRANSPORT1.11%BUSINESS1.82%
    MANAGEMENT1.11%CONSTRUCTION1.82%
    T1.11%CONSULTANTS1.76%
    D1.11%MEDIA1.71%
    P0.92%ENGINEERING1.62%
    CONSTRUCTION0.92%LONDON1.60%
    RECRUITMENT0.74%CARE1.45%
    BUILDING0.55%INVESTMENTS1.44%
    C0.55%GLOBAL1.43%
    WELLAND0.55%J1.42%
    HPM0.55%IT1.41%
    ENGINEERING0.55%PROPERTIES1.34%
    TRAINING0.55%INTERNATIONAL1.34%
    RADICAL0.55%BUILDING1.34%
    CATERING0.55%M1.30%
    BUSINESS0.55%ELECTRICAL1.25%
    G0.55%SYSTEMS1.24%
    PROPERTIES0.55%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied154199,572
    49410 - Freight transport by road332,008
    6024 - Freight transport by road282,401
    7487 - Other business activities2663,348
    82990 - Other business support service activities not elsewhere classified1627,550
    9999 - Dormant Company1120,144
    99999 - Dormant Company1116,285
    4533 - Plumbing101,526
    7499 - Non-trading company912,000
    7260 - Other computer related activities98,089
    70229 - Management consultancy activities other than financial management814,505
    7414 - Business & management consultancy813,474
    96090 - Other service activities not elsewhere classified88,799
    74990 - Non-trading company68,243
    4521 - General construction & civil engineering56,598
    43999 - Other specialised construction activities not elsewhere classified42,854
    62090 - Other information technology service activities46,330
    4534 - Other building installation42,357
    70100 - Activities of head offices42,862
    45200 - Maintenance and repair of motor vehicles42,061

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07454697 I.E.C. SRL LIMITED 30 Nov 2010
    07454042 STELGO TRANSPORT LTD 29 Nov 2010
    07451499 MASKEW AVENUE LIMITED 25 Nov 2010
    07447801 D W FORD FLOWERS LIMITED 23 Nov 2010
    07445812 HPM LETTINGS LIMITED 22 Nov 2010
    07445288 TRAINING AND RECRUITMENT SOLUTIONS (UK) LIMITED 19 Nov 2010
    07444101 JADE BUSINESS RESOURCES LIMITED 18 Nov 2010
    07442670 L & T RESTAURANTS LIMITED 17 Nov 2010
    07442316 J M TURNER LIMITED 17 Nov 2010
    07437340 G WATT PROPERTIES LIMITED 11 Nov 2010
    07433631 PROCTOR DANIELS INVESTMENTS LTD 09 Nov 2010
    07433474 MEZZANINE FABRICATIONS LTD 09 Nov 2010
    07432129 RADICAL BRANDS AND TRADEMARKS LIMITED 08 Nov 2010
    07431701 67 AVENUE ROAD (MANAGEMENT) LTD 08 Nov 2010
    07427963 TRAILER VISION LTD 03 Nov 2010
    07426030 M KALAS DRIVER SERVICES LTD 02 Nov 2010
    07425775 A WHITE DRIVER SERVICES LTD 01 Nov 2010
    07454679 A J & TM BEAN LTD 30 Nov 2010
    07453127 THE BRIDGE HOTEL (SUTTON BRIDGE) LIMITED 29 Nov 2010
    07452883 ROB WOODCOCK ENGINEERING LTD 26 Nov 2010
    07449508 WANT FINANCE IT SERVICES LIMITED 24 Nov 2010
    07441247 CARCARE4ME LTD 16 Nov 2010
    07431397 B & S CARS LIMITED 05 Nov 2010
    07430549 EUBI LIMITED 05 Nov 2010
    07428940 WHITTLESEY TRAVEL LIMITED 03 Nov 2010

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