Lincoln, Lincolnshire

Q1 2010 Business Confidence Report

Headlines

  • Q1 2010 saw a new record in company closures in Lincoln when compared to any previous Q1.
  • January 2010 saw a new record in company closures in Lincoln when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 198 companies were registered in Lincoln during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 26.9% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)LincolnUK
    2010198105,137
    200915691,034
    % change26.9%15.5%
    Record Year 2007 (588) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010436491
    New companies in 2009525054
    % change-17.3%28.0%68.5%
    Record Year2003 (96)2004 (85)2007 (467)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company closures in Lincoln when compared to any previous Q1.

    A total of 197 companies were dissolved in Lincoln during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 23.1% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)LincolnUK
    201019782,677
    2009160108,060
    % change23.1%-23.5%
    Record Year 2010 (197) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    January 2010 saw a new record in company closures in Lincoln when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20101113848
    Closed companies in 2009283795
    % change296.4%2.7%-49%
    Record Year2010 (111)2008 (43)2009 (95)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Lincoln during the first quarter of 2010 (Jan 2010 - Mar 2010) was 1 companies.

    first quarter (Jan 2010 - Mar 2010)LincolnUK
    2010122,460
    2009-4-17,026
    Record Year 2007 (496) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010-682643
    Net growth in 20092413-41
    Record Year2003 (79)2004 (68)2007 (440)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Lincoln formed 0.2% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Lincoln
    20100.2%
    20090.2%
    20080.2%
    20070.4%
    20060.2%
    Record Year (since 1960) 2007 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.2%0.2%
    UK formation share in 20090.2%0.2%0.2%
    % change-23.3%9.6%40.0%
    Record Year1963 (0.6%)1976 (0.6%)2007 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 46.0.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 6.6% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Lincoln was in 1861 when 40.0% of all directors were female.

    25.9% of all director appointments in Lincoln in the first 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 (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    (LINCOLN)1.97%MANAGEMENT5.01%
    LINCOLN1.72%CONSULTING4.60%
    WILCHAP1.39%CONSULTANCY2.87%
    M1.15%PROPERTY2.50%
    CONSULTING0.98%ASSOCIATES2.04%
    J0.98%TRADING1.93%
    DR0.90%DESIGN1.91%
    MEDICAL0.82%CONSTRUCTION1.87%
    MANAGEMENT0.82%MEDIA1.84%
    DEVELOPMENTS0.82%BUSINESS1.74%
    SURGERY0.74%INTERNATIONAL1.73%
    CONSULTANCY0.74%CONSULTANTS1.63%
    CONSTRUCTION0.74%ENGINEERING1.54%
    D0.66%J1.48%
    ELECTRICAL0.57%LONDON1.45%
    LINCOLNSHIRE0.57%INVESTMENTS1.45%
    R0.57%GROUP1.37%
    PROPERTIES0.57%GLOBAL1.35%
    INTERNATIONAL0.49%PROPERTIES1.35%
    PLUMBING0.49%BUILDING1.34%
    ENTERPRISES0.49%CARE1.33%
    E0.49%ELECTRICAL1.30%
    ASSOCIATES0.49%M1.28%
    COMMUNITY0.49%SYSTEMS1.25%
    S0.49%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied635228,645
    7487 - Other business activities7274,904
    7414 - Business & management consultancy5517,003
    4521 - General construction & civil engineering289,325
    82990 - Other business support service activities not elsewhere classified2526,974
    9999 - Dormant Company2419,948
    99999 - Dormant Company2413,808
    96090 - Other service activities not elsewhere classified208,154
    6024 - Freight transport by road193,665
    42990 - Construction of other civil engineering projects not elsewhere classified151,746
    7260 - Other computer related activities1510,331
    70100 - Activities of head offices153,137
    62020 - Information technology consultancy activities149,943
    7499 - Non-trading company1415,398
    74990 - Non-trading company148,149
    9305 - Other service activities139,038
    70229 - Management consultancy activities other than financial management1314,007
    86210 - General medical practice activities121,098
    7222 - Other software consultancy and supply119,659
    86220 - Specialists medical practice activities11607

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07210288 THOMAS SAMUEL LIMITED 31 Mar 2010
    07207852 NIMISH SHAH LTD 30 Mar 2010
    07205701 HEATEQUIP LIMITED 29 Mar 2010
    07201889 GINGERBEE PRODUCTIONS LTD 24 Mar 2010
    07195419 D STAPLETON & CO LIMITED 19 Mar 2010
    07193668 PROACTIVE RESOURCE (MARKETING COMMUNICATORS) LIMITED 17 Mar 2010
    07192924 PRETTY LITTLE CLOTHING LIMITED 17 Mar 2010
    07178404 FINEFOOD2U LIMITED 04 Mar 2010
    07177949 F S CONSULTING SERVICES LTD 04 Mar 2010
    07177031 CRAGG ELECTRICAL SERVICES LIMITED 03 Mar 2010
    07176057 UPPER CRUST CATERERS LTD 03 Mar 2010
    07173755 SKH LIMITED 02 Mar 2010
    07200757 WELTON KIDS CLUB LIMITED 24 Mar 2010
    07180265 BROWN COW INN & FUN FARM LIMITED 05 Mar 2010
    07188403 ANDROB CONSULTING LTD 12 Mar 2010
    07176873 E-PALLET LIMITED 03 Mar 2010
    07208745 MDGB CONSULTANTS LTD 30 Mar 2010
    07207914 GOLDEN LEAF ORIENTAL FOODS LTD 30 Mar 2010
    07194214 PULLEN (GAINSBOROUGH) LTD 18 Mar 2010
    07203842 M & E HOME IMPROVEMENTS LTD 25 Mar 2010
    07203214 101 TRANSPORT LIMITED 25 Mar 2010
    07193350 SIMONS DEVELOPMENTS (HITCHIN) LIMITED 17 Mar 2010
    07187439 WC FORMATIONS LTD 12 Mar 2010
    07180936 TAMERLANE LIMITED 06 Mar 2010
    07177097 PHILIP HOLME ELECTRICAL SERVICES LIMITED 04 Mar 2010