Inform Direct Logo

Company Formations in 2024: Lincolnshire

Man holding pagper

???? Businesses formed in Lincolnshire during 2024

4.7% more companies in Lincolnshire compared to 2023

New businesses in Lincolnshire mapped

Boston 421 formed

East Lindsey 670 formed

Lincoln 745 formed

North East Lincolnshire 1,309 formed

North Kesteven 602 formed

North Lincolnshire 1,110 formed

South Holland 730 formed

South Kesteven 1,008 formed

West Lindsey 532 formed

Companies formed in 2024 league table

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

Man holding trophy
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2023: 1st
London
280,423
2nd 2023: 2nd
West Midlands
41,700
3rd 2023: 3rd
Greater Manchester
40,892
4th 2023: 4th
West Yorkshire
23,972
5th 2023: 5th
Essex
19,024
27th 2023: 29th
Lincolnshire
7,132
Rank
County
No. Companies formed
Rank County No. Companies formed
11th 2023: 12th
South Yorkshire
11,673
13th 2023: 13th
Leicestershire
11,209
16th 2023: 17th
Nottinghamshire
9,248
20th 2023: 22nd
Cambridgeshire
8,588
27th 2023: 29th
Lincolnshire
7,132
28th 2023: 25th
Northamptonshire
6,894
34th 2023: 33rd
Norfolk
5,434
40th 2023: 40th
East Riding of Yorkshire
4,234
47th 2023: 47th
Rutland
242
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2023: 1st
London
280,423
2nd 2023: 2nd
West Midlands
41,700
3rd 2023: 3rd
Greater Manchester
40,892
4th 2023: 4th
West Yorkshire
23,972
5th 2023: 5th
Essex
19,024
6th 2023: 6th
Kent
16,490
7th 2023: 7th
Hampshire
14,534
8th 2023: 8th
Hertfordshire
14,111
9th 2023: 10th
Lancashire
13,620
10th 2023: 9th
Merseyside
13,029
11th 2023: 12th
South Yorkshire
11,673
12th 2023: 11th
Surrey
11,351
13th 2023: 13th
Leicestershire
11,209
14th 2023: 14th
Berkshire
10,454
15th 2023: 15th
Cheshire
9,854
16th 2023: 17th
Nottinghamshire
9,248
17th 2023: 16th
Buckinghamshire
9,185
18th 2023: 20th
Suffolk
9,091
19th 2023: 18th
North Yorkshire
8,830
20th 2023: 22nd
Cambridgeshire
8,588
21st 2023: 24th
Tyne and Wear
8,269
22nd 2023: 19th
Bedfordshire
8,251
23rd 2023: 21st
Staffordshire
8,181
24th 2023: 23rd
Dorset
7,890
25th 2023: 26th
Derbyshire
7,553
26th 2023: 27th
East Sussex
7,231
27th 2023: 29th
Lincolnshire
7,132
28th 2023: 25th
Northamptonshire
6,894
29th 2023: 28th
Devon
6,646
30th 2023: 30th
Gloucestershire
6,522
31st 2023: 31st
West Sussex
6,467
32nd 2023: 32nd
Somerset
6,153
33rd 2023: 34th
Durham
5,616
34th 2023: 33rd
Norfolk
5,434
35th 2023: 35th
Oxfordshire
5,301
36th 2023: 36th
Warwickshire
5,070
37th 2023: 39th
Worcestershire
5,059
38th 2023: 38th
Wiltshire
4,609
39th 2023: 37th
Bristol
4,467
40th 2023: 40th
East Riding of Yorkshire
4,234
41st 2023: 44th
Herefordshire
4,025
42nd 2023: 41st
Shropshire
3,031
43rd 2023: 42nd
Cornwall
2,854
44th 2023: 43rd
Cumbria
2,453
45th 2023: 45th
Northumberland
1,577
46th 2023: 46th
Isle of Wight
718
47th 2023: 47th
Rutland
242

New incorporations in 2024 per 1000 Man standing people

Briefcase with a sticker stating New

In Lincolnshire

6.5

Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase

National Average

12.5

Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase

Type of companies formed in Lincolnshire breakdown

97% Private Limited Companies (6,924 companies)

3% Other company types (208 companies)

Other company types breakdown (208 companies)

Total companies in Lincolnshire by the end of 2024

Man shaking hands

????

Businesses formed in Lincolnshire during 2024

Man looking at a graph

????

Businesses dissolved in Lincolnshire during 2024

meaning there is a total of

57,099

businesses registered in Lincolnshire at the end of 2024.

4.7% more companies in Lincolnshire compared to 2023

Surrounding counties 2024 breakdown & comparison

Cambridgeshire

61,973 total businesses
8,588 formed in 2024
6,428 dissolved in 2024

Leicestershire

78,116 total businesses
11,209 formed in 2024
9,241 dissolved in 2024

Norfolk

49,863 total businesses
5,434 formed in 2024
5,069 dissolved in 2024

Northamptonshire

55,842 total businesses
6,894 formed in 2024
6,637 dissolved in 2024

Nottinghamshire

65,784 total businesses
9,248 formed in 2024
7,920 dissolved in 2024

South Yorkshire

75,130 total businesses
11,673 formed in 2024
9,417 dissolved in 2024

East Riding of Yorkshire

31,014 total businesses
4,234 formed in 2024
3,505 dissolved in 2024

Rutland

2,179 total businesses
242 formed in 2024
198 dissolved in 2024

Lincolnshire

57,099 total businesses
7,132 formed in 2024
6,872 dissolved in 2024

LincolnshireEast RidingofYorkshireSouthYorkshireNottinghamshireLeicestershireRutlandNorthamptonshireCambridgeshireNorfolk

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Coastal
10
12
2
Fenside
26
19
-7
Fishtoft
16
22
6
Five Village
17
10
-7
Kirton and Frampton
27
33
6
Old Leake and Wrangle
15
21
6
Skirbeck
76
56
-20
St Thomas'
17
18
1
Staniland
7
18
11
Station
44
48
4
Swineshead and Holland Fen
20
12
-8
Trinity
45
50
5
West
6
9
3
Witham
44
67
23
Wyberton
27
35
8
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Alford
16
18
2
Binbrook
9
11
2
Burgh le Marsh
3
15
12
Chapel St Leonards
8
12
4
Coningsby & Mareham
34
86
52
Croft
10
18
8
Friskney
5
2
-3
Fulstow
12
15
3
Grimoldby
6
13
7
Hagworthingham
2
16
14
Halton Holegate
6
9
3
Holton-le-Clay & North Thoresby
26
36
10
Horncastle
29
35
6
Ingoldmells
17
6
-11
Legbourne
11
8
-3
Mablethorpe
15
27
12
Marshchapel & Somercotes
17
13
-4
North Holme
14
18
4
Priory & St James'
21
29
8
Roughton
8
6
-2
Scarbrough & Seacroft
54
68
14
Sibsey & Stickney
13
21
8
Spilsby
12
13
1
St Clement's
11
9
-2
St Margaret's
8
13
5
St Mary's
7
14
7
St Michael's
5
7
2
Sutton on Sea
8
9
1
Tetford & Donington
9
17
8
Tetney
9
7
-2
Trinity
45
50
5
Wainfleet
5
5
0
Waltham
21
35
14
Willoughby with Sloothby
4
9
5
Winthorpe
16
22
6
Withern & Theddlethorpe
5
11
6
Wold View
15
14
-1
Woodhall Spa
16
19
3
Wragby
9
25
16
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Abbey
135
191
56
Birchwood
16
23
7
Boultham
39
45
6
Bracebridge
29
28
-1
Carholme
135
195
60
Castle
36
66
30
Glebe
15
29
14
Hartsholme
29
42
13
Minster
27
35
8
Moorland
26
35
9
Park
144
164
20
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Croft Baker
59
73
14
East Marsh
246
121
-125
Freshney
28
70
42
Haverstoe
24
34
10
Heneage
43
61
18
Humberston and New Waltham
41
65
24
Immingham
46
56
10
Park
144
164
20
Scartho
34
53
19
Sidney Sussex
89
150
61
South
35
51
16
Waltham
21
35
14
West Marsh
960
285
-675
Wolds
54
66
12
Yarborough
72
91
19
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Ashby de la Launde and Cranwell
27
17
-10
Bassingham and Brant Broughton
33
44
11
Billinghay Martin and North Kyme
23
24
1
Bracebridge Heath and Waddington East
18
46
28
Branston
12
17
5
Cliff Villages
19
25
6
Eagle Swinderby and Witham St Hughs
37
38
1
Heckington Rural
18
22
4
Heighington and Washingborough
20
34
14
Kirkby la Thorpe and South Kyme
10
6
-4
Leasingham and Rauceby
3
10
7
Metheringham
19
13
-6
North Hykeham Forum
8
9
1
North Hykeham Memorial
53
65
12
North Hykeham Mill
14
25
11
North Hykeham Moor
16
12
-4
North Hykeham Witham
2
3
1
Osbournby
16
16
0
Ruskington
15
16
1
Skellingthorpe
10
17
7
Sleaford Castle
13
22
9
Sleaford Holdingham
10
12
2
Sleaford Navigation
19
54
35
Sleaford Quarrington and Mareham
19
28
9
Sleaford Westholme
52
14
-38
Waddington West
7
12
5
Woodhall Spa
16
19
3
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Ashby
43
76
33
Axholme Central
37
53
16
Axholme North
40
24
-16
Axholme South
26
42
16
Barton
49
50
1
Bottesford
34
44
10
Brigg and Wolds
76
86
10
Broughton and Appleby
14
14
0
Brumby
31
41
10
Burringham and Gunness
15
18
3
Burton upon Stather and Winterton
36
45
9
Crosby and Park
186
205
19
Ferry
58
61
3
Frodingham
53
65
12
Kingsway with Lincoln Gardens
37
32
-5
Ridge
48
44
-4
Town
166
210
44
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Crowland and Deeping St Nicholas
42
39
-3
Donington Quadring and Gosberton
29
23
-6
Fleet
11
6
-5
Gedney
11
7
-4
Holbeach Hurn
1
10
9
Holbeach Town
41
59
18
Long Sutton
33
27
-6
Moulton Weston and Cowbit
32
31
-1
Pinchbeck and Surfleet
47
80
33
Spalding Castle
48
68
20
Spalding Monks House
24
26
2
Spalding St John's
278
211
-67
Spalding St Mary's
22
19
-3
Spalding St Paul's
40
36
-4
Spalding Wygate
25
29
4
Sutton Bridge
11
14
3
The Saints
9
9
0
Whaplode and Holbeach St John's
17
36
19
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Aveland
9
11
2
Belmont
12
20
8
Belvoir
24
24
0
Bourne Austerby
31
36
5
Bourne East
21
21
0
Bourne West
37
18
-19
Casewick
20
18
-2
Castle
36
66
30
Deeping St James
19
29
10
Dole Wood
7
10
3
Glen
12
15
3
Grantham Arnoldfield
16
29
13
Grantham Barrowby Gate
24
24
0
Grantham Earlesfield
37
25
-12
Grantham Harrowby
13
23
10
Grantham Springfield
20
27
7
Grantham St Vincent's
57
44
-13
Grantham St Wulfram's
300
204
-96
Isaac Newton
26
33
7
Lincrest
7
8
1
Loveden Heath
12
18
6
Market & West Deeping
54
70
16
Morton
4
7
3
Peascliffe & Ridgeway
10
21
11
Ryhall and Casterton
0
0
Stamford All Saints
16
13
-3
Stamford St George's
22
21
-1
Stamford St John's
22
23
1
Stamford St Mary's
84
148
64
Toller
8
17
9
Viking
40
41
1
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bardney
9
9
0
Caistor and Yarborough
23
26
3
Cherry Willingham
24
30
6
Dunholme and Welton
24
40
16
Gainsborough East
27
30
3
Gainsborough North
18
19
1
Gainsborough South-West
64
84
20
Hemswell
15
15
0
Kelsey Wold
15
11
-4
Lea
9
7
-2
Market Rasen
45
46
1
Nettleham
13
23
10
Saxilby
48
53
5
Scampton
6
11
5
Scotter and Blyton
34
48
14
Stow
7
17
10
Sudbrooke
31
19
-12
Torksey
4
13
9
Waddingham and Spital
8
17
9
Wold View
15
14
-1

Total companies 2024 league table

The counties in England where the most existing companies were based at the end of 2024 and how Lincolnshire compares to them.

Man holding trophy
Rank
County
Total companies
Rank County Total companies
1st 2023: 1st
London
1,560,328
2nd 2023: 2nd
Greater Manchester
251,769
3rd 2023: 3rd
West Midlands
234,944
4th 2023: 5th
West Yorkshire
157,321
5th 2023: 4th
Essex
157,235
28th 2023: 28th
Lincolnshire
57,099
Rank
County
Total companies
Rank County Total companies
15th 2023: 15th
Leicestershire
78,116
16th 2023: 16th
South Yorkshire
75,130
19th 2023: 19th
Nottinghamshire
65,784
23rd 2023: 24th
Cambridgeshire
61,973
28th 2023: 28th
Lincolnshire
57,099
29th 2023: 29th
Northamptonshire
55,842
33rd 2023: 33rd
Norfolk
49,863
40th 2023: 40th
East Riding of Yorkshire
31,014
47th 2023: 47th
Rutland
2,179
Rank
County
Total companies
Rank County Total companies
1st 2023: 1st
London
1,560,328
2nd 2023: 2nd
Greater Manchester
251,769
3rd 2023: 3rd
West Midlands
234,944
4th 2023: 5th
West Yorkshire
157,321
5th 2023: 4th
Essex
157,235
6th 2023: 6th
Kent
136,504
7th 2023: 7th
Hampshire
127,564
8th 2023: 8th
Hertfordshire
125,410
9th 2023: 9th
Surrey
110,047
10th 2023: 10th
Lancashire
97,537
11th 2023: 11th
Merseyside
84,857
12th 2023: 12th
Cheshire
83,478
13th 2023: 13th
Buckinghamshire
80,842
14th 2023: 14th
Berkshire
80,348
15th 2023: 15th
Leicestershire
78,116
16th 2023: 16th
South Yorkshire
75,130
17th 2023: 17th
East Sussex
71,666
18th 2023: 18th
North Yorkshire
67,293
19th 2023: 19th
Nottinghamshire
65,784
20th 2023: 20th
Devon
64,346
21st 2023: 21st
Dorset
63,675
22nd 2023: 22nd
Staffordshire
62,904
23rd 2023: 24th
Cambridgeshire
61,973
24th 2023: 26th
Gloucestershire
61,133
25th 2023: 23rd
Somerset
60,769
26th 2023: 25th
West Sussex
60,518
27th 2023: 27th
Derbyshire
59,950
28th 2023: 28th
Lincolnshire
57,099
29th 2023: 29th
Northamptonshire
55,842
30th 2023: 32nd
Suffolk
55,335
31st 2023: 30th
Tyne and Wear
54,971
32nd 2023: 31st
Bedfordshire
53,808
33rd 2023: 33rd
Norfolk
49,863
34th 2023: 34th
Oxfordshire
48,887
35th 2023: 35th
Worcestershire
48,838
36th 2023: 36th
Warwickshire
43,777
37th 2023: 37th
Wiltshire
42,535
38th 2023: 38th
Durham
38,779
39th 2023: 39th
Bristol
36,561
40th 2023: 40th
East Riding of Yorkshire
31,014
41st 2023: 41st
Shropshire
28,136
42nd 2023: 42nd
Cornwall
27,621
43rd 2023: 43rd
Cumbria
24,059
44th 2023: 44th
Herefordshire
18,258
45th 2023: 45th
Northumberland
13,228
46th 2023: 46th
Isle of Wight
6,739
47th 2023: 47th
Rutland
2,179

Total companies at the end of 2024 per 1000 Person people

Briefcase

In Lincolnshire

51.8

Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase

National Average

83.4

Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase

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.

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

2024

7,132 formed

6,872 dissolved

Overall growth compared to previous year

4.19% vs 2020

6.12% vs 2021

2.6% vs 2022

4.7% vs 2023