Luton, Bedfordshire

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company registrations in Luton when compared to any previous February.
  • January 2010 saw a new record in company closures in Luton when compared to any previous January.

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 (Q1 Jan-Mar 2010)

    A total of 331 companies were registered in Luton during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 13.0% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)LutonUK
    2010331105,137
    200929391,034
    % change13.0%15.5%
    Record Year 2007 (367) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company registrations in Luton when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201091108132
    New companies in 20099071132
    % change1.1%52.1%0.0%
    Record Year2003 (97)2010 (108)2007 (180)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 218 companies were dissolved in Luton during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 27.6% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)LutonUK
    201021882,677
    2009301108,060
    % change-27.6%-23.5%
    Record Year 2000 (477) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    January 2010 saw a new record in company closures in Luton when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010786575
    Closed companies in 20093845218
    % change105.3%44.4%-66%
    Record Year2010 (78)2000 (147)2000 (255)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Luton during the first quarter of 2010 (Jan 2010 - Mar 2010) was 113 companies.

    first quarter (Jan 2010 - Mar 2010)LutonUK
    201011322,460
    2009-8-17,026
    Record Year 1998 (248) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010134357
    Net growth in 20095226-86
    Record Year1998 (64)1998 (82)2007 (120)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Luton formed 0.3% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Luton
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    20060.2%
    Record Year (since 1960) 1968 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.3%0.2%0.4%
    % change-6.2%30.3%-16.9%
    Record Year1968 (1.0%)1962 (0.8%)1968 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 41.8.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Luton was in 1861 when 40.0% of all directors were female.

    22.3% of all director appointments in Luton in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    LUTON1.32%MANAGEMENT5.01%
    (LUTON)1.09%CONSULTING4.60%
    CONSTRUCTION1.04%CONSULTANCY2.87%
    MANAGEMENT0.86%PROPERTY2.50%
    CONSULTANCY0.86%ASSOCIATES2.04%
    CARE0.86%TRADING1.93%
    INTERNATIONAL0.86%DESIGN1.91%
    TRAINING0.86%CONSTRUCTION1.87%
    CONSULTANTS0.81%MEDIA1.84%
    SYSTEMS0.81%BUSINESS1.74%
    CENTRE0.75%INTERNATIONAL1.73%
    CONSULTING0.75%CONSULTANTS1.63%
    PROPERTY0.69%ENGINEERING1.54%
    SECURITY0.69%J1.48%
    GLOBAL0.69%LONDON1.45%
    C0.69%INVESTMENTS1.45%
    ASSOCIATES0.69%GROUP1.37%
    BUSINESS0.63%GLOBAL1.35%
    TRANSPORT0.58%PROPERTIES1.35%
    SUPPORT0.58%BUILDING1.34%
    SERVICE0.52%CARE1.33%
    M0.52%ELECTRICAL1.30%
    IT0.52%M1.28%
    HIRE0.52%SYSTEMS1.25%
    S0.52%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied784228,645
    7487 - Other business activities15974,904
    9999 - Dormant Company5719,948
    7499 - Non-trading company5115,398
    82990 - Other business support service activities not elsewhere classified4926,974
    7414 - Business & management consultancy4717,003
    7260 - Other computer related activities4510,331
    70229 - Management consultancy activities other than financial management4214,007
    5530 - Restaurants384,798
    7222 - Other software consultancy and supply339,659
    62020 - Information technology consultancy activities309,943
    99999 - Dormant Company2713,808
    4521 - General construction & civil engineering279,325
    9305 - Other service activities259,038
    96090 - Other service activities not elsewhere classified258,154
    74990 - Non-trading company248,149
    62090 - Other information technology service activities236,340
    56101 - Licensed restaurants212,138
    6024 - Freight transport by road213,665
    7011 - Development & sell real estate175,300

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07208882 LEAD EXCHANGE LIMITED 30 Mar 2010
    07207534 GPS BEDDING LIMITED 30 Mar 2010
    07206474 LASERSOUND LIMITED 29 Mar 2010
    07206403 HTP PRODUCTS LIMITED 29 Mar 2010
    07206283 RUMOUR ZONE LTD 29 Mar 2010
    07205326 LENA COURT MANAGEMENT COMPANY LIMITED 26 Mar 2010
    07200689 SMC GARAGE LTD 24 Mar 2010
    07194837 D C PERFORMANCE LIMITED 18 Mar 2010
    07187714 CACHET CLEANING SERVICES LTD 12 Mar 2010
    07182553 SQUARE TOWN PIZZA LTD 09 Mar 2010
    07181094 EMAR BUILDERS LTD 08 Mar 2010
    07179861 SYLHET LIMITED 05 Mar 2010
    07179376 DSG MEDIA LIMITED 05 Mar 2010
    07178899 SEA EDUCATION CONSULTANTS LIMITED 04 Mar 2010
    07173856 SAI LUTON LIMITED 02 Mar 2010
    07209677 PROPERTY GALA ESTATES LTD 31 Mar 2010
    07207138 HARRI TRANSPORT LIMITED 29 Mar 2010
    07204658 CLODAN SERVICES LTD 26 Mar 2010
    07203633 BEDS & HERTS EPC'S LTD 25 Mar 2010
    07171937 JJMS INSPECTION SERVICES LTD 01 Mar 2010
    07207920 SOFTSKAN LIMITED 30 Mar 2010
    07204524 5OSCM LIMITED 26 Mar 2010
    07202935 INDUSBELL LTD 25 Mar 2010
    07197529 SAMUEL AGYEI ASSOCIATES LIMITED 22 Mar 2010
    07192144 UNITED CLEANING SERICE LTD 17 Mar 2010