Lincoln, Lincolnshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Lincoln when compared to any year in history.
  • 2014 was a record year for company closures in Lincoln when compared to any year in history.
  • November 2014 saw a new record in net growth in Lincoln when compared to any previous November.
  • October 2014 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 (2014)

    2014 was a record year for company registrations in Lincoln when compared to any year in history.

    A total of 2,008 companies were formed in Lincoln in 2014. This total is 1.9% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearLincolnUK
    20142,008582,051
    20131,971529,363
    20121,926491,893
    20111,430452,870
    20101,020400,358
    Record Year2014 (2,008)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 1,046 companies were formed in Lincoln. This figure is 0.9% lower than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Lincoln occurred in 2012 when a total of 1,105 were formed.

    Half Year (Jul-Dec)LincolnUK
    20141,046281,320
    20131,055259,931
    % change-0.9%8.2%
    Record Year2012 (1,105)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 513 companies were registered in Lincoln during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 8.0% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)LincolnUK
    2014513137,906
    2013475127,247
    % change8.0%8.4%
    Record Year 2012 (542) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014197176140
    New companies in 201323815384
    % change-17.2%15.0%66.7%
    Record Year2013 (238)2012 (184)2012 (147)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Lincoln when compared to any year in history.

    A total of 1,176 companies were dissolved in Lincoln in 2014. This total is 57.9% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearLincolnUK
    20141,176367,937
    2013745332,213
    2012826293,729
    2011519314,524
    2010636342,233
    Record Year2014 (1,176)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 480 companies were dissolved in Lincoln. This figure is 9.6% higher than last year, which compares badly to the UK wide change of 7.7%.

    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
    2014480190,730
    2013438177,021
    % change9.6%7.7%
    Record Year2009 (540)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 198 companies were dissolved in Lincoln during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 30.3% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)LincolnUK
    201419889,060
    201328490,851
    % change-30.3%-2.0%
    Record Year 2013 (284) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014616968
    Closed companies in 20131167098
    % change-47.4%-1.4%-31%
    Record Year2012 (121)2012 (91)2013 (98)

Net Company Growth

  1. Annual Data (2014)

    A total of 832 companies were added to the company register for Lincoln in 2014. This number represents growth of 41.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 394 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Lincoln company register grew by 1,226 companies.

    YearLincolnUK
    2014832214,114
    20131,226197,150
    20121,100198,164
    2011911138,346
    201038458,125
    Record Year2013 (1,226)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Lincoln increased by 566 companies.

    Half Year (Jul-Dec)LincolnUK
    201456690,590
    201361782,910
    Record Year2012 (624)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Lincoln during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 315 companies.

    fourth quarter (Oct 2014 - Dec 2014)LincolnUK
    201431548,846
    201319136,396
    Record Year 2014 (315) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in net growth in Lincoln when compared to any previous November.

    October 2014 saw a new record in net growth in Lincoln when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201413610772
    Net growth in 201312283-14
    Record Year2014 (136)2014 (107)2012 (96)

UK Company Share

  1. Annual Data (2014)

    In 2014 Lincoln formed 0.3% of all UK companies. This is a decline on 2013 when Lincoln was responsible for 0.4% of all UK companies.

    YearLincoln
    20140.3%
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    Record Year (since 1960)2012 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Lincoln formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.

    Half Year (Jul-Dec)Lincoln
    20140.4%
    20130.4%
    20120.5%
    20110.3%
    20100.3%
    Record Year (since 1960) 2012 (0.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Lincoln
    20140.4%
    20130.4%
    20120.5%
    20110.3%
    20100.4%
    Record Year (since 1960) 2012 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.4%0.4%0.3%
    UK formation share in 20130.5%0.4%0.2%
    % change-21.3%9.2%42.6%
    Record Year2013 (0.5%)2012 (0.4%)2012 (0.5%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.3.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 44.1.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.5.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Lincoln was 1985 when 75.0% of all directors were female.

    The percentage of female directors in Lincoln in 2014 was 21.3%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Lincoln was 2006 when 33.6% of all directors were female.

    20.9% of all director appointments in Lincoln in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Lincoln was in 2007 when 35.7% of all directors were female.

    19.5% of all director appointments in Lincoln in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    TRANSPORT11.57%CONSULTING5.22%
    CONSULTING3.76%MANAGEMENT4.58%
    LOGISTICS2.05%CONSULTANCY3.57%
    HAULAGE1.97%PROPERTY2.66%
    MANAGEMENT1.60%CONSTRUCTION2.12%
    J1.45%ENGINEERING2.10%
    LINCOLN1.34%CARE2.02%
    CONSULTANCY1.23%TRADING1.94%
    M1.15%LONDON1.93%
    DRIVING1.15%TRANSPORT1.93%
    (LINCOLN)1.04%DESIGN1.66%
    BUSINESS0.89%CONSULTANTS1.64%
    R0.86%ELECTRICAL1.62%
    ENGINEERING0.78%PROPERTIES1.62%
    C0.78%BUSINESS1.56%
    DRIVER0.74%J1.54%
    TRAFFIC0.71%CO.,1.50%
    PROJECT0.71%GLOBAL1.49%
    S0.67%INVESTMENTS1.48%
    K0.63%ASSOCIATES1.47%
    PROPERTY0.60%DEVELOPMENTS1.35%
    D0.60%MEDIA1.33%
    P0.60%IT1.31%
    IT0.56%BUILDING1.29%
    CONSTRUCTION0.52%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,393265,608
    49410 - Freight transport by road92310,842
    99999 - Dormant Company9048,509
    82990 - Other business support service activities not elsewhere classified8158,068
    70229 - Management consultancy activities other than financial management7642,290
    86220 - Specialists medical practice activities594,031
    86210 - General medical practice activities474,591
    74909 - Other professional, scientific and technical activities not elsewhere classified4419,049
    96090 - Other service activities not elsewhere classified3529,009
    41100 - Development of building projects3311,397
    62020 - Information technology consultancy activities3130,178
    47910 - Retail sale via mail order houses or via Internet2910,107
    68209 - Other letting and operating of own or leased real estate2611,212
    86230 - Dental practice activities262,164
    86900 - Other human health activities2512,976
    43999 - Other specialised construction activities not elsewhere classified248,761
    56302 - Public houses and bars216,285
    71129 - Other engineering activities216,132
    43210 - Electrical installation215,985
    43220 - Plumbing, heat and air-conditioning installation215,189

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09335162 MAXALEX LTD 01 Dec 2014
    09363111 SL HUGHS LIMITED 19 Dec 2014
    09346729 NOTEBAY LTD 09 Dec 2014
    09348311 JONATHAN MILES LTD 09 Dec 2014
    09349666 CAMBRIDGE CLINICAL IMAGING LTD 10 Dec 2014
    09357182 PSYCHOLOGICAL SUPPORT INTERVENTION(PSI) LTD 16 Dec 2014
    09370460 PAUL K.LONSDALE LIMITED 31 Dec 2014
    09357435 THE HEIGHINGTON TURKS LIMITED 16 Dec 2014
    09339392 SIDDONS ENGINEERING AND PROJECT MANAGEMENT LIMITED 03 Dec 2014
    09345985 EG KETURKA LTD 08 Dec 2014
    09355246 WATSON'S & CO LIMITED 15 Dec 2014
    09364947 CHLOR GENERATORS LIMITED 22 Dec 2014
    09365963 KIDDILICIOUS LIMITED 23 Dec 2014
    09366731 MONKEY38 LIMITED 24 Dec 2014
    09333575 DIGISPARK LIMITED 01 Dec 2014
    09336445 GJR TEST CONSULTING LIMITED 02 Dec 2014
    09337832 REBECCA TRANSPORT LIMITED 02 Dec 2014
    09342610 DIAMOND SPIRIT LIMITED 05 Dec 2014
    09343427 SELENITY SERVICES LTD 05 Dec 2014
    09344283 ABACUS MOTOR COMPANY LIMITED 08 Dec 2014
    09344401 P MAIDEN TRANSPORT LIMITED 08 Dec 2014
    09346916 CRAIG'S LOGISTICS LIMITED 09 Dec 2014
    09348807 JAKUB CR LIMITED 10 Dec 2014
    09348809 LUNA TRANSPORT LIMITED 10 Dec 2014
    09349253 DAVID WARD LIMITED 10 Dec 2014