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Company Formations in 2023: Lincolnshire

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???? Businesses formed in Lincolnshire during 2023

2.6% more companies in Lincolnshire compared to 2022

New businesses in Lincolnshire mapped

Boston 454 formed

East Lindsey 661 formed

Lincoln 703 formed

North East Lincolnshire 1,284 formed

North Kesteven 542 formed

North Lincolnshire 1,209 formed

South Holland 808 formed

South Kesteven 961 formed

West Lindsey 509 formed

Companies formed in 2023 league table

The counties in England where most companies are formed, and how Lincolnshire compares.

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Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2022: 1st
London
313,446
2nd 2022: 2nd
West Midlands
44,594
3rd 2022: 3rd
Greater Manchester
41,222
4th 2022: 4th
West Yorkshire
24,534
5th 2022: 5th
Essex
20,333
29th 2022: 28th
Lincolnshire
7,141
Rank
County
No. Companies formed
Rank County No. Companies formed
12th 2022: 11th
South Yorkshire
11,638
13th 2022: 13th
Leicestershire
11,417
17th 2022: 16th
Nottinghamshire
9,559
22nd 2022: 25th
Cambridgeshire
8,677
25th 2022: 23rd
Northamptonshire
8,191
29th 2022: 28th
Lincolnshire
7,141
33rd 2022: 34th
Norfolk
5,723
40th 2022: 40th
East Riding of Yorkshire
4,211
47th 2022: 47th
Rutland
232
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2022: 1st
London
313,446
2nd 2022: 2nd
West Midlands
44,594
3rd 2022: 3rd
Greater Manchester
41,222
4th 2022: 4th
West Yorkshire
24,534
5th 2022: 5th
Essex
20,333
6th 2022: 6th
Kent
17,620
7th 2022: 7th
Hampshire
15,385
8th 2022: 8th
Hertfordshire
14,512
9th 2022: 9th
Merseyside
14,307
10th 2022: 10th
Lancashire
14,223
11th 2022: 12th
Surrey
12,018
12th 2022: 11th
South Yorkshire
11,638
13th 2022: 13th
Leicestershire
11,417
14th 2022: 14th
Berkshire
10,571
15th 2022: 15th
Cheshire
9,952
16th 2022: 17th
Buckinghamshire
9,591
17th 2022: 16th
Nottinghamshire
9,559
18th 2022: 20th
North Yorkshire
9,266
19th 2022: 18th
Bedfordshire
9,025
20th 2022: 30th
Suffolk
8,934
21st 2022: 21st
Staffordshire
8,878
22nd 2022: 25th
Cambridgeshire
8,677
23rd 2022: 19th
Dorset
8,565
24th 2022: 22nd
Tyne and Wear
8,274
25th 2022: 23rd
Northamptonshire
8,191
26th 2022: 24th
Derbyshire
7,528
27th 2022: 26th
East Sussex
7,311
28th 2022: 29th
Devon
7,183
29th 2022: 28th
Lincolnshire
7,141
30th 2022: 31st
Gloucestershire
6,902
31st 2022: 32nd
West Sussex
6,678
32nd 2022: 27th
Somerset
6,531
33rd 2022: 34th
Norfolk
5,723
34th 2022: 35th
Durham
5,696
35th 2022: 38th
Oxfordshire
5,446
36th 2022: 33rd
Warwickshire
5,157
37th 2022: 36th
Bristol
5,050
38th 2022: 39th
Wiltshire
4,965
39th 2022: 37th
Worcestershire
4,808
40th 2022: 40th
East Riding of Yorkshire
4,211
41st 2022: 41st
Shropshire
3,480
42nd 2022: 43rd
Cornwall
3,074
43rd 2022: 44th
Cumbria
2,686
44th 2022: 42nd
Herefordshire
2,540
45th 2022: 45th
Northumberland
1,554
46th 2022: 46th
Isle of Wight
757
47th 2022: 47th
Rutland
232

New incorporations in 2023 per 1000 Man standing people

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In Lincolnshire

6.9

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14.2

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Type of companies formed in Lincolnshire breakdown

97% Private Limited Companies (6,950 companies)

3% Other company types (191 companies)

Other company types breakdown (191 companies)

Total companies in Lincolnshire by the end of 2023

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Businesses formed in Lincolnshire during 2023

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Businesses dissolved in Lincolnshire during 2023

meaning there is a total of

54,523

businesses registered in Lincolnshire at the end of 2023.

2.6% more companies in Lincolnshire compared to 2022

Surrounding counties 2023 breakdown & comparison

Cambridgeshire

60,023 total businesses
8,677 formed in 2023
6,535 dissolved in 2023

Leicestershire

75,930 total businesses
11,417 formed in 2023
9,607 dissolved in 2023

Norfolk

48,437 total businesses
5,723 formed in 2023
4,620 dissolved in 2023

Northamptonshire

53,911 total businesses
8,191 formed in 2023
6,747 dissolved in 2023

Nottinghamshire

64,763 total businesses
9,559 formed in 2023
7,255 dissolved in 2023

South Yorkshire

73,897 total businesses
11,638 formed in 2023
9,819 dissolved in 2023

East Riding of Yorkshire

30,108 total businesses
4,211 formed in 2023
3,665 dissolved in 2023

Rutland

2,133 total businesses
232 formed in 2023
200 dissolved in 2023

Lincolnshire

54,523 total businesses
7,141 formed in 2023
6,286 dissolved in 2023

LincolnshireEast RidingofYorkshireSouthYorkshireNottinghamshireLeicestershireRutlandNorthamptonshireCambridgeshireNorfolk

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Coastal
13
7
-6
Fenside
42
29
-13
Fishtoft
32
25
-7
Five Village
15
19
4
Kirton and Frampton
22
35
13
Old Leake and Wrangle
13
12
-1
Skirbeck
78
79
1
St Thomas'
33
20
-13
Staniland
19
18
-1
Station
56
40
-16
Swineshead and Holland Fen
13
22
9
Trinity
79
70
-9
West
10
10
0
Witham
42
46
4
Wyberton
24
28
4
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Alford
14
25
11
Binbrook
9
15
6
Burgh le Marsh
5
8
3
Chapel St Leonards
8
5
-3
Coningsby & Mareham
18
28
10
Croft
9
24
15
Friskney
7
8
1
Fulstow
16
13
-3
Grimoldby
5
7
2
Hagworthingham
10
7
-3
Halton Holegate
10
12
2
Holton-le-Clay & North Thoresby
26
25
-1
Horncastle
27
35
8
Ingoldmells
7
18
11
Legbourne
7
13
6
Mablethorpe
20
32
12
Marshchapel & Somercotes
13
17
4
North Holme
13
26
13
Priory & St James'
29
34
5
Roughton
6
9
3
Scarbrough & Seacroft
42
77
35
Sibsey & Stickney
12
33
21
Spilsby
6
16
10
St Clement's
13
14
1
St Margaret's
3
11
8
St Mary's
10
8
-2
St Michael's
7
6
-1
Sutton on Sea
7
6
-1
Tetford & Donington
14
12
-2
Tetney
15
10
-5
Trinity
79
70
-9
Wainfleet
3
8
5
Waltham
28
25
-3
Willoughby with Sloothby
9
6
-3
Winthorpe
20
20
0
Withern & Theddlethorpe
11
3
-8
Wold View
13
17
4
Woodhall Spa
10
30
20
Wragby
13
33
20
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Abbey
136
170
34
Birchwood
23
29
6
Boultham
29
39
10
Bracebridge
24
37
13
Carholme
138
194
56
Castle
53
62
9
Glebe
17
23
6
Hartsholme
26
40
14
Minster
29
30
1
Moorland
27
24
-3
Park
227
181
-46
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Croft Baker
64
81
17
East Marsh
226
123
-103
Freshney
36
44
8
Haverstoe
34
33
-1
Heneage
58
53
-5
Humberston and New Waltham
52
54
2
Immingham
67
51
-16
Park
227
181
-46
Scartho
34
58
24
Sidney Sussex
71
139
68
South
29
53
24
Waltham
28
25
-3
West Marsh
298
299
1
Wolds
42
71
29
Yarborough
125
89
-36
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Ashby de la Launde and Cranwell
15
25
10
Bassingham and Brant Broughton
33
32
-1
Billinghay Martin and North Kyme
15
17
2
Bracebridge Heath and Waddington East
78
47
-31
Branston
17
20
3
Cliff Villages
33
31
-2
Eagle Swinderby and Witham St Hughs
42
37
-5
Heckington Rural
25
27
2
Heighington and Washingborough
25
36
11
Kirkby la Thorpe and South Kyme
9
10
1
Leasingham and Rauceby
7
6
-1
Metheringham
27
16
-11
North Hykeham Forum
3
6
3
North Hykeham Memorial
41
48
7
North Hykeham Mill
19
32
13
North Hykeham Moor
9
15
6
North Hykeham Witham
4
5
1
Osbournby
15
10
-5
Ruskington
20
18
-2
Skellingthorpe
14
14
0
Sleaford Castle
9
9
0
Sleaford Holdingham
11
8
-3
Sleaford Navigation
26
27
1
Sleaford Quarrington and Mareham
20
15
-5
Sleaford Westholme
26
27
1
Waddington West
3
4
1
Woodhall Spa
10
30
20
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Ashby
44
63
19
Axholme Central
45
62
17
Axholme North
39
49
10
Axholme South
29
38
9
Barton
56
52
-4
Bottesford
34
56
22
Brigg and Wolds
66
91
25
Broughton and Appleby
21
29
8
Brumby
32
35
3
Burringham and Gunness
8
15
7
Burton upon Stather and Winterton
30
43
13
Crosby and Park
155
221
66
Ferry
70
76
6
Frodingham
44
67
23
Kingsway with Lincoln Gardens
33
48
15
Ridge
32
58
26
Town
173
206
33
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Crowland and Deeping St Nicholas
38
42
4
Donington Quadring and Gosberton
30
37
7
Fleet
6
20
14
Gedney
10
8
-2
Holbeach Hurn
8
13
5
Holbeach Town
25
59
34
Long Sutton
29
33
4
Moulton Weston and Cowbit
35
39
4
Pinchbeck and Surfleet
47
78
31
Spalding Castle
66
73
7
Spalding Monks House
21
27
6
Spalding St John's
287
230
-57
Spalding St Mary's
22
27
5
Spalding St Paul's
34
42
8
Spalding Wygate
39
30
-9
Sutton Bridge
6
11
5
The Saints
8
15
7
Whaplode and Holbeach St John's
14
24
10
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Aveland
4
12
8
Belmont
15
17
2
Belvoir
26
10
-16
Bourne Austerby
24
55
31
Bourne East
32
37
5
Bourne West
11
32
21
Casewick
15
29
14
Castle
53
62
9
Deeping St James
23
36
13
Dole Wood
11
14
3
Glen
17
9
-8
Grantham Arnoldfield
9
28
19
Grantham Barrowby Gate
16
28
12
Grantham Earlesfield
23
49
26
Grantham Harrowby
14
15
1
Grantham Springfield
13
21
8
Grantham St Vincent's
43
83
40
Grantham St Wulfram's
171
99
-72
Isaac Newton
30
22
-8
Lincrest
17
11
-6
Loveden Heath
11
11
0
Market & West Deeping
49
61
12
Morton
6
11
5
Peascliffe & Ridgeway
18
21
3
Ryhall and Casterton
0
0
Stamford All Saints
11
26
15
Stamford St George's
20
25
5
Stamford St John's
21
30
9
Stamford St Mary's
82
102
20
Toller
3
12
9
Viking
33
40
7
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bardney
11
10
-1
Caistor and Yarborough
27
25
-2
Cherry Willingham
33
33
0
Dunholme and Welton
40
33
-7
Gainsborough East
27
23
-4
Gainsborough North
17
18
1
Gainsborough South-West
64
76
12
Hemswell
10
7
-3
Kelsey Wold
8
22
14
Lea
9
6
-3
Market Rasen
49
48
-1
Nettleham
13
18
5
Saxilby
31
44
13
Scampton
13
16
3
Scotter and Blyton
18
45
27
Stow
8
10
2
Sudbrooke
29
28
-1
Torksey
9
17
8
Waddingham and Spital
11
14
3
Wold View
13
17
4

Total companies 2023 league table

The counties in England where the most existing companies were based at the end of 2023 and how Lincolnshire compares to them.

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Rank
County
Total companies
Rank County Total companies
1st 2022: 1st
London
1,534,936
2nd 2022: 2nd
Greater Manchester
244,408
3rd 2022: 3rd
West Midlands
227,431
4th 2022: 5th
Essex
153,732
5th 2022: 4th
West Yorkshire
153,003
28th 2022: 28th
Lincolnshire
54,523
Rank
County
Total companies
Rank County Total companies
15th 2022: 15th
Leicestershire
75,930
16th 2022: 16th
South Yorkshire
73,897
19th 2022: 19th
Nottinghamshire
64,763
24th 2022: 26th
Cambridgeshire
60,023
28th 2022: 28th
Lincolnshire
54,523
29th 2022: 29th
Northamptonshire
53,911
33rd 2022: 33rd
Norfolk
48,437
40th 2022: 40th
East Riding of Yorkshire
30,108
47th 2022: 47th
Rutland
2,133
Rank
County
Total companies
Rank County Total companies
1st 2022: 1st
London
1,534,936
2nd 2022: 2nd
Greater Manchester
244,408
3rd 2022: 3rd
West Midlands
227,431
4th 2022: 5th
Essex
153,732
5th 2022: 4th
West Yorkshire
153,003
6th 2022: 6th
Kent
133,898
7th 2022: 7th
Hampshire
126,128
8th 2022: 8th
Hertfordshire
122,871
9th 2022: 9th
Surrey
109,469
10th 2022: 10th
Lancashire
95,511
11th 2022: 12th
Merseyside
83,450
12th 2022: 11th
Cheshire
82,175
13th 2022: 13th
Buckinghamshire
78,961
14th 2022: 14th
Berkshire
78,581
15th 2022: 15th
Leicestershire
75,930
16th 2022: 16th
South Yorkshire
73,897
17th 2022: 17th
East Sussex
71,059
18th 2022: 18th
North Yorkshire
65,895
19th 2022: 19th
Nottinghamshire
64,763
20th 2022: 20th
Devon
63,364
21st 2022: 21st
Dorset
63,266
22nd 2022: 22nd
Staffordshire
61,360
23rd 2022: 23rd
Somerset
60,186
24th 2022: 26th
Cambridgeshire
60,023
25th 2022: 24th
West Sussex
59,896
26th 2022: 25th
Gloucestershire
59,830
27th 2022: 27th
Derbyshire
57,297
28th 2022: 28th
Lincolnshire
54,523
29th 2022: 29th
Northamptonshire
53,911
30th 2022: 30th
Tyne and Wear
53,391
31st 2022: 31st
Bedfordshire
52,721
32nd 2022: 34th
Suffolk
51,083
33rd 2022: 33rd
Norfolk
48,437
34th 2022: 32nd
Oxfordshire
48,030
35th 2022: 35th
Worcestershire
45,794
36th 2022: 36th
Warwickshire
43,587
37th 2022: 37th
Wiltshire
42,004
38th 2022: 39th
Durham
37,332
39th 2022: 38th
Bristol
37,161
40th 2022: 40th
East Riding of Yorkshire
30,108
41st 2022: 41st
Shropshire
28,037
42nd 2022: 42nd
Cornwall
26,998
43rd 2022: 43rd
Cumbria
23,719
44th 2022: 44th
Herefordshire
16,164
45th 2022: 45th
Northumberland
12,830
46th 2022: 46th
Isle of Wight
6,580
47th 2022: 47th
Rutland
2,133

Total companies at the end of 2023 per 1000 Person people

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52.3

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National Average

86.6

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The last 5 years

How the total number of companies in Lincolnshire has changed over the last 5 years as new companies have been formed and some existing companies dissolved.

2019

6,042 formed

4,846 dissolved

2020

6,475 formed

3,943 dissolved

2021

6,903 formed

5,393 dissolved

2022

7,100 formed

5,122 dissolved

2023

7,141 formed

6,286 dissolved

Overall growth compared to previous year

6.54% vs 2019

4.19% vs 2020

6.12% vs 2021

2.6% vs 2022