Luton, Bedfordshire
2010 Half Year Business Confidence Report
Headlines
- April 2010 saw a new record in company registrations in Luton when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 666 companies were formed in Luton. This figure is 17.0% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Luton occurred in 1998 when a total of 701 were formed.
Half Year (Jan-Jun) Luton UK 2010 666 203,749 2009 569 182,021 % change 17.0% 11.9% Record Year 1998 (701) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 335 companies were registered in Luton during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 21.4% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Luton UK 2010 335 98,612 2009 276 90,987 % change 21.4% 8.4% Record Year 1998 (357) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
April 2010 saw a new record in company registrations in Luton when compared to any previous April.
New Companies by Month
April May June New companies in 2010 124 89 122 New companies in 2009 88 80 108 % change 40.9% 11.3% 13.0% Record Year 1998 (124) 1998 (103) 1998 (130)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 436 companies were dissolved in Luton. This figure is 45.2% lower than last year, which compares well to the UK wide change of -38.6%.
The highest total for a first half year in Luton occurred in 2009 when a total of 796 were closed.
Half Year (Jan-Jun) Luton UK 2010 436 177,631 2009 796 289,236 % change -45.2% -38.6% Record Year 2009 (796) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 218 companies were dissolved in Luton during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 56.0% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Luton UK 2010 218 94,954 2009 495 181,176 % change -56.0% -47.6% Record Year 2009 (495) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 50 80 88 Closed companies in 2009 158 217 120 % change -68.4% -63.1% -27% Record Year 2009 (158) 2009 (217) 2009 (120)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Luton increased by 230 companies.
Half Year (Jan-Jun) Luton UK 2010 230 26,118 2009 -227 -107,215 Record Year 1998 (544) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Luton during the second quarter of 2010 (Apr 2010 - Jun 2010) was 117 companies.
second quarter (Apr 2010 - Jun 2010) Luton UK 2010 117 3,658 2009 -219 -90,189 Record Year 1998 (296) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 74 9 34 Net growth in 2009 -70 -137 -12 Record Year 1997 (113) 1998 (82) 2008 (117)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Luton formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jan-Jun) Luton 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.2% 2006 0.2% Record Year (since 1960) 1998 (0.6%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Luton formed 0.3% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Luton 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.3% 2006 0.2% Record Year (since 1960) 1998 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.4% 0.3% 0.3% UK formation share in 2009 0.3% 0.3% 0.3% % change 29.6% 6.0% 1.6% Record Year 1998 (0.7%) 1998 (0.6%) 1967 (0.8%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 41.6.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 41.3.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Luton was 1861 when 40.0% of all directors were female.
23.4% of all director appointments in Luton in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Luton was in 1866 when 66.7% of all directors were female.
24.5% of all director appointments in Luton in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.38% MANAGEMENT 5.01% LUTON 1.21% CONSULTING 4.79% (LUTON) 1.10% CONSULTANCY 3.02% CONSULTANCY 1.10% PROPERTY 2.40% CONSTRUCTION 0.99% ASSOCIATES 2.02% CONSULTING 0.83% TRADING 2.01% INTERNATIONAL 0.77% DESIGN 1.91% SYSTEMS 0.77% CONSTRUCTION 1.85% ASSOCIATES 0.77% MEDIA 1.80% IT 0.72% BUSINESS 1.75% CENTRE 0.72% CONSULTANTS 1.71% CARE 0.72% INTERNATIONAL 1.59% CONSULTANTS 0.72% ENGINEERING 1.56% CAR 0.66% LONDON 1.52% GLOBAL 0.66% INVESTMENTS 1.49% SECURITY 0.66% J 1.46% TRAINING 0.61% CARE 1.41% C 0.61% GLOBAL 1.39% PROPERTY 0.61% PROPERTIES 1.35% BUSINESS 0.61% BUILDING 1.33% TRANSPORT 0.61% M 1.29% HOME 0.55% IT 1.28% TRADING 0.50% ELECTRICAL 1.27% BUILDING 0.50% GROUP 1.25% ELECTRICAL 0.50% DEVELOPMENTS 1.25%
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 782 207,125 7487 - Other business activities 143 68,525 9999 - Dormant Company 54 19,842 82990 - Other business support service activities not elsewhere classified 54 25,942 7499 - Non-trading company 41 13,997 5530 - Restaurants 39 4,879 7414 - Business & management consultancy 39 14,598 7260 - Other computer related activities 37 9,122 99999 - Dormant Company 36 14,342 70229 - Management consultancy activities other than financial management 35 13,490 9305 - Other service activities 28 8,822 7222 - Other software consultancy and supply 27 8,285 96090 - Other service activities not elsewhere classified 24 7,922 74990 - Non-trading company 23 7,893 62020 - Information technology consultancy activities 23 8,590 56101 - Licensed restaurants 22 2,203 4521 - General construction & civil engineering 21 8,262 6024 - Freight transport by road 19 2,960 62090 - Other information technology service activities 19 5,854 7011 - Development & sell real estate 16 4,579
Recent Companies
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Randomly selected companies from this quarter
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