Lincoln, Lincolnshire

Q1 2014 Business Confidence Report

Headlines

  • March 2014 saw a new record in company closures in Lincoln when compared to any previous March.
  • February 2014 saw a new record in company closures in Lincoln when compared to any previous February.

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 2014)

    A total of 388 companies were registered in Lincoln during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 9.6% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)LincolnUK
    2014388150,722
    2013429134,802
    % change-9.6%11.8%
    Record Year 2007 (588) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014128131129
    New companies in 2013134136159
    % change-4.5%-3.7%-18.9%
    Record Year2013 (134)2013 (136)2007 (467)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 299 companies were dissolved in Lincoln during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 118.2% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)LincolnUK
    201429982,370
    201313777,914
    % change118.2%5.7%
    Record Year 2014 (299) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company closures in Lincoln when compared to any previous March.

    February 2014 saw a new record in company closures in Lincoln when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201410097102
    Closed companies in 2013702938
    % change42.9%234.5%168%
    Record Year2010 (111)2014 (97)2014 (102)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Lincoln during the first quarter of 2014 (Jan 2014 - Mar 2014) was 89 companies.

    first quarter (Jan 2014 - Mar 2014)LincolnUK
    20148968,352
    201329256,888
    Record Year 2007 (496) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014283427
    Net growth in 201364107121
    Record Year2003 (79)2013 (107)2007 (440)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Lincoln formed 0.3% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Lincoln
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.2%
    Record Year (since 1960) 2007 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.3%0.3%0.2%
    UK formation share in 20130.3%0.3%0.3%
    % change-10.6%-11.1%-32.3%
    Record Year2011 (0.3%)1993 (0.3%)2007 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 44.7.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Lincoln was in 2008 when 34.1% of all directors were female.

    22.9% of all director appointments in Lincoln in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    TRANSPORT14.26%CONSULTING5.22%
    DRIVING5.23%MANAGEMENT4.67%
    LOGISTICS3.28%CONSULTANCY3.49%
    HAULAGE2.19%PROPERTY2.64%
    LINCOLN1.56%TRADING2.05%
    J1.48%LONDON1.88%
    M1.37%ENGINEERING1.86%
    D1.25%CARE1.79%
    (LINCOLN)1.21%CONSTRUCTION1.75%
    S1.17%DESIGN1.75%
    MANAGEMENT1.09%CONSULTANTS1.73%
    P0.94%BUSINESS1.71%
    ENGINEERING0.94%PROPERTIES1.60%
    R0.90%INVESTMENTS1.60%
    C0.78%GLOBAL1.58%
    JOHN0.70%J1.48%
    LOGISTICAL0.70%ASSOCIATES1.48%
    CONSULTANCY0.70%MEDIA1.48%
    PAUL0.66%IT1.33%
    CONSULTING0.66%TRANSPORT1.30%
    G0.66%DEVELOPMENTS1.29%
    DRIVER0.63%BUILDING1.24%
    ELECTRICAL0.59%M1.21%
    N0.59%CAPITAL1.20%
    T0.55%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,266280,210
    49410 - Freight transport by road6138,014
    99999 - Dormant Company12447,084
    82990 - Other business support service activities not elsewhere classified9156,411
    70229 - Management consultancy activities other than financial management8037,882
    86210 - General medical practice activities703,987
    86220 - Specialists medical practice activities613,680
    96090 - Other service activities not elsewhere classified4126,700
    74909 - Other professional, scientific and technical activities not elsewhere classified3818,491
    41100 - Development of building projects319,855
    43999 - Other specialised construction activities not elsewhere classified278,155
    47910 - Retail sale via mail order houses or via Internet269,358
    96020 - Hairdressing and other beauty treatment266,236
    62020 - Information technology consultancy activities2527,750
    43220 - Plumbing, heat and air-conditioning installation254,866
    71129 - Other engineering activities235,477
    56302 - Public houses and bars235,732
    43210 - Electrical installation205,885
    62090 - Other information technology service activities2012,813
    45200 - Maintenance and repair of motor vehicles195,130

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08874695 PINNACLE (LINCS) LIMITED 04 Feb 2014
    08875355 OKEBROOK LTD 04 Feb 2014
    08892119 ASHRISE SOLAR LIMITED 12 Feb 2014
    08896194 BLACK PEPPERMINT EVENT SERVICES LTD 14 Feb 2014
    08877297 THERMAWATT LTD 05 Feb 2014
    08898608 NIKESH THIRUCHELVAM LIMITED 17 Feb 2014
    08899363 PJW MEDICAL LIMITED 18 Feb 2014
    08904817 THE GATEWAY MANAGEMENT LINCOLN LTD 20 Feb 2014
    08916647 JUST RVS LIMITED 28 Feb 2014
    08917151 DREAM QUEENS LIMITED 28 Feb 2014
    08906680 LINDSAY ALLDIS EDUCATION CONSULTANT LTD 21 Feb 2014
    08911697 1 STOP SPAS LTD 25 Feb 2014
    08872962 PRESTIGE VEHICLE HIRE EAST MIDLANDS LIMITED 03 Feb 2014
    08886819 R. WRAY & SONS LIMITED 11 Feb 2014
    08890581 AUBOURN FIREWOOD LTD 12 Feb 2014
    08898698 BAUDELAIRE INTERIORS LIMITED 17 Feb 2014
    08899200 THE VINTAGE VALVE COMPANY LIMITED 18 Feb 2014
    08905215 LUIS GUILLEN AZAGRA LIMITED 20 Feb 2014
    08873890 PRIESTLEY PLANT HIRE LIMITED 03 Feb 2014
    08876909 J&A LIFTING SERVICES LTD 05 Feb 2014
    08877120 PAT GAMBLE TRANSPORT LTD 05 Feb 2014
    08881013 A ANIM TRANSPORT LTD 07 Feb 2014
    08882064 SGJ TRANSPORT LTD 07 Feb 2014
    08883279 JAKE CORNWELL TRANSPORT SERVICES LTD 10 Feb 2014
    08884211 GLOBAL INTRODUCERS LIMITED 10 Feb 2014