Lincoln, Lincolnshire

Q3 2014 Business Confidence Report

Headlines

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

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 (Q3 Jul-Sep 2014)

    A total of 533 companies were registered in Lincoln during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is a decrease of 8.1% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)LincolnUK
    2014533143,414
    2013580132,684
    % change-8.1%8.1%
    Record Year 2013 (580) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014167191175
    New companies in 2013172201207
    % change-2.9%-5.0%-15.5%
    Record Year2012 (182)2012 (208)2013 (207)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 282 companies were dissolved in Lincoln during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 83.1% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)LincolnUK
    2014282101,670
    201315486,170
    % change83.1%18.0%
    Record Year 2009 (335) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20141147494
    Closed companies in 2013534853
    % change115.1%54.2%77%
    Record Year2014 (114)2009 (114)2009 (182)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Lincoln during the third quarter of 2014 (Jul 2014 - Sep 2014) was 251 companies.

    third quarter (Jul 2014 - Sep 2014)LincolnUK
    201425141,744
    201342646,514
    Record Year 2013 (426) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20145311781
    Net growth in 2013119153154
    Record Year2013 (119)2013 (153)2013 (154)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Lincoln formed 0.4% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Lincoln
    20140.4%
    20130.4%
    20120.5%
    20110.3%
    20100.3%
    Record Year (since 1960) 2012 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.3%0.4%0.4%
    UK formation share in 20130.4%0.5%0.5%
    % change-11.8%-9.4%-22.4%
    Record Year2012 (0.4%)2012 (0.5%)2013 (0.5%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 44.6.

    The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Lincoln was in 2006 when 35.1% of all directors were female.

    22.3% of all director appointments in Lincoln in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    TRANSPORT13.04%CONSULTING5.17%
    CONSULTING2.77%MANAGEMENT4.63%
    LOGISTICS2.12%CONSULTANCY3.55%
    HAULAGE1.86%PROPERTY2.62%
    J1.63%ENGINEERING2.07%
    DRIVING1.59%CONSTRUCTION2.05%
    MANAGEMENT1.55%TRADING2.00%
    M1.52%LONDON1.95%
    LINCOLN1.44%CARE1.94%
    (LINCOLN)1.17%TRANSPORT1.76%
    D1.06%DESIGN1.70%
    S0.99%CONSULTANTS1.70%
    CONSULTANCY0.95%PROPERTIES1.63%
    C0.87%BUSINESS1.62%
    R0.80%J1.53%
    ENGINEERING0.76%ELECTRICAL1.53%
    BUSINESS0.68%GLOBAL1.51%
    DRIVER0.68%INVESTMENTS1.50%
    P0.64%ASSOCIATES1.48%
    SERVICE0.61%MEDIA1.38%
    DEVELOPMENTS0.61%CO.,1.36%
    CONSTRUCTION0.57%DEVELOPMENTS1.35%
    K0.57%BUILDING1.30%
    T0.53%IT1.30%
    TRAFFIC0.53%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,388278,481
    49410 - Freight transport by road8619,960
    99999 - Dormant Company8648,286
    82990 - Other business support service activities not elsewhere classified8257,264
    70229 - Management consultancy activities other than financial management7240,717
    86220 - Specialists medical practice activities603,889
    86210 - General medical practice activities484,406
    74909 - Other professional, scientific and technical activities not elsewhere classified4118,890
    96090 - Other service activities not elsewhere classified4028,224
    41100 - Development of building projects3410,604
    47910 - Retail sale via mail order houses or via Internet319,914
    62020 - Information technology consultancy activities2929,313
    43220 - Plumbing, heat and air-conditioning installation245,083
    43999 - Other specialised construction activities not elsewhere classified248,501
    96020 - Hairdressing and other beauty treatment236,630
    86230 - Dental practice activities232,061
    71129 - Other engineering activities235,930
    68209 - Other letting and operating of own or leased real estate2110,361
    86900 - Other human health activities2111,807
    41202 - Construction of domestic buildings207,151

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09171463 DELHI DINING LINCOLN LIMITED 12 Aug 2014
    09171730 AFRIGAP CONSULTANT EXPERIENCE LIMITED 12 Aug 2014
    09173420 RUDYARD EDUCATION LIMITED 13 Aug 2014
    09175476 CITY TICKETS LTD 14 Aug 2014
    09181069 DAVE FANE DRIVING SOLUTIONS LIMITED 19 Aug 2014
    09182098 JIBE-HO LTD 19 Aug 2014
    09182425 GREENLEY INVESTMENTS LIMITED 19 Aug 2014
    09195561 KBA PLANNING LTD 30 Aug 2014
    09158264 CONNECT BUILDING CONSULTANTS LIMITED 01 Aug 2014
    09178324 BATH GI SURGERY LTD 15 Aug 2014
    09183705 MAINPLUS UK LIMITED 20 Aug 2014
    09189429 UK WIRELESS BROADBAND LIMITED 28 Aug 2014
    09168129 KEVAN JENKINS LIMITED 08 Aug 2014
    09189617 AGILE VEHICLE TECHNOLOGIES LIMITED 28 Aug 2014
    09174509 THE PAMPERED FRIENDS COMPANY LIMITED 13 Aug 2014
    09179263 HARNHAM CONSULTING LIMITED 18 Aug 2014
    09193710 WILCHAP (LINCOLN) 115 LIMITED 29 Aug 2014
    09157513 KUBATRANS LIMITED 01 Aug 2014
    09160100 MARIANO ITALIANO LTD 04 Aug 2014
    09162722 AMY ASH LTD 05 Aug 2014
    09163432 JOE & CO. DRIVING SERVICES LIMITED 06 Aug 2014
    09164698 BURROWS LOGISTICS LIMITED 06 Aug 2014
    09164879 KIDZ CAVE LIMITED 06 Aug 2014
    09164959 B HAYOUKANE LIMITED 06 Aug 2014
    09165299 FG TEST CONSULTING LIMITED 07 Aug 2014