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
New Company Registrations
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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) Luton UK 2010 331 105,137 2009 293 91,034 % change 13.0% 15.5% Record Year 2007 (367) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2010 91 108 132 New companies in 2009 90 71 132 % change 1.1% 52.1% 0.0% Record Year 2003 (97) 2010 (108) 2007 (180)
Closed Companies (dissolved)
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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) Luton UK 2010 218 82,677 2009 301 108,060 % change -27.6% -23.5% Record Year 2000 (477) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 78 65 75 Closed companies in 2009 38 45 218 % change 105.3% 44.4% -66% Record Year 2010 (78) 2000 (147) 2000 (255)
Net Company Growth
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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) Luton UK 2010 113 22,460 2009 -8 -17,026 Record Year 1998 (248) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 13 43 57 Net growth in 2009 52 26 -86 Record Year 1998 (64) 1998 (82) 2007 (120)
UK Company Share
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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 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.2% 2006 0.2% Record Year (since 1960) 1968 (0.9%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.3% 0.3% 0.3% UK formation share in 2009 0.3% 0.2% 0.4% % change -6.2% 30.3% -16.9% Record Year 1968 (1.0%) 1962 (0.8%) 1968 (0.9%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LUTON 1.32% MANAGEMENT 5.01% (LUTON) 1.09% CONSULTING 4.60% CONSTRUCTION 1.04% CONSULTANCY 2.87% MANAGEMENT 0.86% PROPERTY 2.50% CONSULTANCY 0.86% ASSOCIATES 2.04% CARE 0.86% TRADING 1.93% INTERNATIONAL 0.86% DESIGN 1.91% TRAINING 0.86% CONSTRUCTION 1.87% CONSULTANTS 0.81% MEDIA 1.84% SYSTEMS 0.81% BUSINESS 1.74% CENTRE 0.75% INTERNATIONAL 1.73% CONSULTING 0.75% CONSULTANTS 1.63% PROPERTY 0.69% ENGINEERING 1.54% SECURITY 0.69% J 1.48% GLOBAL 0.69% LONDON 1.45% C 0.69% INVESTMENTS 1.45% ASSOCIATES 0.69% GROUP 1.37% BUSINESS 0.63% GLOBAL 1.35% TRANSPORT 0.58% PROPERTIES 1.35% SUPPORT 0.58% BUILDING 1.34% SERVICE 0.52% CARE 1.33% M 0.52% ELECTRICAL 1.30% IT 0.52% M 1.28% HIRE 0.52% SYSTEMS 1.25% S 0.52% S 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 784 228,645 7487 - Other business activities 159 74,904 9999 - Dormant Company 57 19,948 7499 - Non-trading company 51 15,398 82990 - Other business support service activities not elsewhere classified 49 26,974 7414 - Business & management consultancy 47 17,003 7260 - Other computer related activities 45 10,331 70229 - Management consultancy activities other than financial management 42 14,007 5530 - Restaurants 38 4,798 7222 - Other software consultancy and supply 33 9,659 62020 - Information technology consultancy activities 30 9,943 99999 - Dormant Company 27 13,808 4521 - General construction & civil engineering 27 9,325 9305 - Other service activities 25 9,038 96090 - Other service activities not elsewhere classified 25 8,154 74990 - Non-trading company 24 8,149 62090 - Other information technology service activities 23 6,340 56101 - Licensed restaurants 21 2,138 6024 - Freight transport by road 21 3,665 7011 - Development & sell real estate 17 5,300
Recent Companies
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Randomly selected companies from this quarter
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