Lincoln, Lincolnshire

2010 Annual Business Confidence Report

Headlines

  • The second half of 2010 saw a new record in company registrations in Lincoln when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Lincoln when compared to any previous Q4.
  • December 2010 saw a new record in company registrations in Lincoln when compared to any previous December.
  • November 2010 saw a new record in company registrations in Lincoln when compared to any previous November.
  • October 2010 saw a new record in company registrations in Lincoln when compared to any previous October.
  • The second half of 2010 saw a new record in net growth in Lincoln when compared to any previous second half year.
  • Q4 2010 saw a new record in net growth in Lincoln when compared to any previous Q4.
  • December 2010 saw a new record in net growth in Lincoln when compared to any previous December.
  • November 2010 saw a new record in net growth in Lincoln when compared to any previous November.
  • October 2010 saw a new record in net growth in Lincoln when compared to any previous October.

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 1,020 companies were formed in Lincoln in 2010. This total is 46.1% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearLincolnUK
    20101,020400,358
    2009698362,675
    2008647349,203
    20071,093457,649
    2006731405,440
    Record Year2007 (1,093)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Lincoln when compared to any previous second half year.

    In the second half of 2010 a total of 595 companies were formed in Lincoln. This figure is 65.7% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Lincoln occurred in 2010 when a total of 595 were formed.

    Half Year (Jul-Dec)LincolnUK
    2010595196,609
    2009359180,654
    % change65.7%8.8%
    Record Year2010 (595)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Lincoln when compared to any previous Q4.

    A total of 336 companies were registered in Lincoln during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 94.2% versus the same period last year (Q4 2009). This figure compares well 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)LincolnUK
    201033695,117
    200917385,983
    % change94.2%10.6%
    Record Year 2010 (336) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company registrations in Lincoln when compared to any previous December.

    November 2010 saw a new record in company registrations in Lincoln when compared to any previous November.

    October 2010 saw a new record in company registrations in Lincoln when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010125102109
    New companies in 2009576254
    % change119.3%64.5%101.9%
    Record Year2010 (125)2010 (102)2010 (109)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 636 companies were dissolved in Lincoln in 2010. This total is 37.3% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.

    YearLincolnUK
    2010636342,232
    20091,014533,773
    2008322237,901
    2007329220,295
    2006312200,166
    Record Year2009 (1,014)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 282 companies were dissolved in Lincoln. This figure is 47.8% lower than last year, which compares well to the UK wide change of -32.7%.

    The highest total for a second half year in Lincoln occurred in 2009 when a total of 540 were closed.

    Half Year (Jul-Dec)LincolnUK
    2010282164,601
    2009540244,537
    % change-47.8%-32.7%
    Record Year2009 (540)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 124 companies were dissolved in Lincoln during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 39.5% 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)LincolnUK
    201012476,896
    200920585,136
    % change-39.5%-9.7%
    Record Year 2009 (205) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010524824
    Closed companies in 2009576781
    % change-8.8%-28.4%-70%
    Record Year2009 (57)2009 (67)2009 (81)

Net Company Growth

  1. Annual Data (2010)

    A total of 384 companies were added to the company register for Lincoln in 2010. This number represents growth of 55.0% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 700 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Lincoln company register grew by 764 companies.

    YearLincolnUK
    201038458,126
    2009-316-171,098
    2008325111,302
    2007764237,354
    2006419205,274
    Record Year2007 (764)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in net growth in Lincoln when compared to any previous second half year.

    In the second half of 2010 the company register for Lincoln increased by 313 companies.

    Half Year (Jul-Dec)LincolnUK
    201031332,008
    2009-181-63,883
    Record Year2010 (313)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in net growth in Lincoln when compared to any previous Q4.

    Net company growth for Lincoln during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 212 companies.

    fourth quarter (Oct 2010 - Dec 2010)LincolnUK
    201021218,221
    2009-32847
    Record Year 2010 (212) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in net growth in Lincoln when compared to any previous December.

    November 2010 saw a new record in net growth in Lincoln when compared to any previous November.

    October 2010 saw a new record in net growth in Lincoln when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010735485
    Net growth in 20090-5-27
    Record Year2010 (73)2010 (54)2010 (85)

UK Company Share

  1. Annual Data (2010)

    In 2010 Lincoln formed 0.3% of all UK companies. This is an improvement on 2009 when Lincoln was responsible for 0.2% of all UK companies.

    YearLincoln
    20100.3%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960)1975 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Lincoln formed 0.3% of all UK companies. This is more than the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Lincoln
    20100.3%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1968 (0.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Lincoln formed 0.4% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Lincoln
    20100.4%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1968 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.4%0.3%0.4%
    UK formation share in 20090.2%0.2%0.2%
    % change92.0%47.1%92.1%
    Record Year1964 (0.4%)1968 (1.4%)1967 (0.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.3.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.2% 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 45.2.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.8% 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 45.5.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 5.6% 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 Lincoln was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Lincoln in 2010 was 32.1%. 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 Lincoln was 1860 when 42.9% of all directors were female.

    21.9% of all director appointments in Lincoln 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 Lincoln was in 1977 when 31.1% of all directors were female.

    21.4% of all director appointments in Lincoln 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
    TRANSPORT6.27%CONSULTING5.06%
    DRIVING2.24%MANAGEMENT5.01%
    HAULAGE1.91%CONSULTANCY3.14%
    LINCOLN1.78%PROPERTY2.36%
    M1.58%TRADING2.11%
    S1.45%ASSOCIATES1.95%
    (LINCOLN)1.32%DESIGN1.92%
    D1.25%BUSINESS1.82%
    R1.19%CONSTRUCTION1.82%
    J1.06%CONSULTANTS1.76%
    MANAGEMENT0.99%MEDIA1.71%
    LOGISTICS0.92%ENGINEERING1.62%
    DRIVER0.86%LONDON1.60%
    CRANES0.86%CARE1.45%
    DR0.79%INVESTMENTS1.44%
    CONSULTING0.73%GLOBAL1.43%
    C0.66%J1.42%
    W0.66%IT1.41%
    CONSTRUCTION0.66%PROPERTIES1.34%
    P0.59%INTERNATIONAL1.34%
    G0.59%BUILDING1.34%
    DESIGN0.59%M1.30%
    JOHN0.59%ELECTRICAL1.25%
    TRAINING0.53%SYSTEMS1.24%
    CARE0.53%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied314199,572
    7487 - Other business activities6163,348
    86210 - General medical practice activities391,450
    82990 - Other business support service activities not elsewhere classified3427,550
    8512 - Medical practice activities271,687
    9999 - Dormant Company2520,144
    99999 - Dormant Company2316,285
    70229 - Management consultancy activities other than financial management2214,505
    7414 - Business & management consultancy2013,474
    86220 - Specialists medical practice activities18778
    96090 - Other service activities not elsewhere classified178,799
    74990 - Non-trading company178,243
    74909 - Other professional, scientific and technical activities not elsewhere classified167,088
    4521 - General construction & civil engineering166,598
    70100 - Activities of head offices142,862
    7499 - Non-trading company1412,000
    9305 - Other service activities138,858
    6024 - Freight transport by road132,401
    42990 - Construction of other civil engineering projects not elsewhere classified131,430
    62020 - Information technology consultancy activities129,177

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07405026 AUDIT AND TECHNICAL SERVICES LIMITED 12 Oct 2010
    07404803 CVS CONSULTING LTD 12 Oct 2010
    07400577 BONFANTI HOTELS LIMITED 08 Oct 2010
    07396990 VISUAL ENTREPRENEURS LTD 05 Oct 2010
    07395577 JEREMY HOWARD LTD 04 Oct 2010
    07394399 SENTRY-NETWORKING LIMITED 01 Oct 2010
    07422762 A & P LETTINGS LIMITED 28 Oct 2010
    07410199 CASTLE EXCHANGE RTM LIMITED 18 Oct 2010
    07423173 PELL CROFT PROPERTIES LIMITED 29 Oct 2010
    07421496 OUTASIGHT V B LTD 27 Oct 2010
    07419660 BRANSTON ACADEMY TRUST 26 Oct 2010
    07411101 HTS CONTRACTING LTD 18 Oct 2010
    07407150 CONREE TECHNICAL SERVICES LTD 14 Oct 2010
    07399861 METHERINGHAM CONVENIENCE STORE LIMITED 07 Oct 2010
    07420430 SQUARE WHEEL ENTERPRISES LTD 27 Oct 2010
    07416089 G BLISS HAULAGE LTD 22 Oct 2010
    07415501 EVOLUTION WRAPS LTD 21 Oct 2010
    07413640 GIFTED SPORTS MANAGEMENT LTD 20 Oct 2010
    07409941 MCM LINCOLN LTD 18 Oct 2010
    07406574 KELK TRANSPORT LTD 13 Oct 2010
    07405393 CHAPMAN DRIVER SERVICES LTD 13 Oct 2010
    07405345 C.A.S. TRANSPORT SERVICES LTD 12 Oct 2010
    07403436 JOHN HILL DRIVER SERVICES LTD 11 Oct 2010
    07401255 MITCHELL HAULAGE SERVICES LTD 08 Oct 2010
    07401072 BULPITT SERVICES LTD 08 Oct 2010