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
    07168819 SHIROCON LIMITED 25 Feb 2010
    07165863 SFDCMEDIA LIMITED 23 Feb 2010
    07164964 NISA SOLUTIONS LIMITED 22 Feb 2010
    07161925 ULTIMATE HEALTH - THERAPEUTICS LIMITED 18 Feb 2010
    07160504 TELECOM 2010 UK LTD 17 Feb 2010
    07158326 RELIGARE GLOBAL ASSET MANAGEMENT (UK) LIMITED 16 Feb 2010
    07152124 BURGESS COURT LIMITED 09 Feb 2010
    07151051 EFM INTERIMS LIMITED 09 Feb 2010
    07148244 ELECTROFUSION TOOLING LIMITED 05 Feb 2010
    07164653 APEX BUILDING CONSULTANTS LIMITED 22 Feb 2010
    07159082 ROOF SHIELD COATINGS LIMITED 16 Feb 2010
    07154158 LIFE & STANDARDS LIMITED 11 Feb 2010
    07145055 BAY TREE LETTINGS LIMITED 03 Feb 2010
    07141959 CORSAIR COMPONENTS LIMITED 01 Feb 2010
    07167095 LUCAS PLASTERES LTD 24 Feb 2010
    07164753 CHICKSANDS BIKE PARK C.I.C. 22 Feb 2010
    07164446 BON APETITT LIMITED 22 Feb 2010
    07162552 UK PAVEMENT LIGHT MANUFACTURING LTD 18 Feb 2010
    07161679 LUTON STORAGE LIMITED 18 Feb 2010
    07160927 PLAN AND BUILD (UK) LTD 17 Feb 2010
    07170285 ARGON ELECTRONICS (UK) LTD 25 Feb 2010
    07169274 LIV2 LTD 25 Feb 2010
    07164443 BROOKFIELD INTERIORS (LUTON) LIMITED 22 Feb 2010
    07161980 CHINA ZLM TEXTILE WHOLESALE COMPANY (UK) LIMITED 18 Feb 2010
    07158510 PMR PROMOTIONS LIMITED 16 Feb 2010