 Although opened in 1800 at the cost of £100,000, the new harbour at Grimsby failed to attract the levels of trade the company had projected, caused largely by a lack of inland transport networks.The financial problems facing the Grimsby Haven Company led to factions and difficulty in its running and put strain on Boucherett's relations with Yarborough; having invested much money and time in the now failing company, Boucherett also found it draining of him financially.Aside from Parliamentary and business commitments, he served as a Deputy Lieutenant for Lincolnshire and a Justice of the Peace.