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

  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. 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)LutonUK
    2010666203,749
    2009569182,021
    % change17.0%11.9%
    Record Year1998 (701)2007 (279,097)
    New Companies by Half Year
  2. 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)LutonUK
    201033598,612
    200927690,987
    % change21.4%8.4%
    Record Year 1998 (357) 2007 (112,283)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 201012489122
    New companies in 20098880108
    % change40.9%11.3%13.0%
    Record Year1998 (124)1998 (103)1998 (130)

Closed Companies (dissolved)

  1. 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)LutonUK
    2010436177,631
    2009796289,236
    % change-45.2%-38.6%
    Record Year2009 (796)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)LutonUK
    201021894,954
    2009495181,176
    % change-56.0%-47.6%
    Record Year 2009 (495) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010508088
    Closed companies in 2009158217120
    % change-68.4%-63.1%-27%
    Record Year2009 (158)2009 (217)2009 (120)

Net Company Growth

  1. 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)LutonUK
    201023026,118
    2009-227-107,215
    Record Year1998 (544)2007 (171,296)
    Net Growth by Half Year
  2. 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)LutonUK
    20101173,658
    2009-219-90,189
    Record Year 1998 (296) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201074934
    Net growth in 2009-70-137-12
    Record Year1997 (113)1998 (82)2008 (117)

UK Company Share

  1. 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
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    20060.2%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Half Year
  2. 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
    20100.3%
    20090.3%
    20080.4%
    20070.3%
    20060.2%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.4%0.3%0.3%
    UK formation share in 20090.3%0.3%0.3%
    % change29.6%6.0%1.6%
    Record Year1998 (0.7%)1998 (0.6%)1967 (0.8%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.38%MANAGEMENT5.01%
    LUTON1.21%CONSULTING4.79%
    (LUTON)1.10%CONSULTANCY3.02%
    CONSULTANCY1.10%PROPERTY2.40%
    CONSTRUCTION0.99%ASSOCIATES2.02%
    CONSULTING0.83%TRADING2.01%
    INTERNATIONAL0.77%DESIGN1.91%
    SYSTEMS0.77%CONSTRUCTION1.85%
    ASSOCIATES0.77%MEDIA1.80%
    IT0.72%BUSINESS1.75%
    CENTRE0.72%CONSULTANTS1.71%
    CARE0.72%INTERNATIONAL1.59%
    CONSULTANTS0.72%ENGINEERING1.56%
    CAR0.66%LONDON1.52%
    GLOBAL0.66%INVESTMENTS1.49%
    SECURITY0.66%J1.46%
    TRAINING0.61%CARE1.41%
    C0.61%GLOBAL1.39%
    PROPERTY0.61%PROPERTIES1.35%
    BUSINESS0.61%BUILDING1.33%
    TRANSPORT0.61%M1.29%
    HOME0.55%IT1.28%
    TRADING0.50%ELECTRICAL1.27%
    BUILDING0.50%GROUP1.25%
    ELECTRICAL0.50%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied782207,125
    7487 - Other business activities14368,525
    9999 - Dormant Company5419,842
    82990 - Other business support service activities not elsewhere classified5425,942
    7499 - Non-trading company4113,997
    5530 - Restaurants394,879
    7414 - Business & management consultancy3914,598
    7260 - Other computer related activities379,122
    99999 - Dormant Company3614,342
    70229 - Management consultancy activities other than financial management3513,490
    9305 - Other service activities288,822
    7222 - Other software consultancy and supply278,285
    96090 - Other service activities not elsewhere classified247,922
    74990 - Non-trading company237,893
    62020 - Information technology consultancy activities238,590
    56101 - Licensed restaurants222,203
    4521 - General construction & civil engineering218,262
    6024 - Freight transport by road192,960
    62090 - Other information technology service activities195,854
    7011 - Development & sell real estate164,579

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07240072 BRITANNIA COLLEGE OF BUSINESS LTD 30 Apr 2010
    07239849 THE GREEN (BROMHAM) MANAGEMENT COMPANY LIMITED 30 Apr 2010
    07238204 COMPLETE RENOVATIONS EUROPE LTD 29 Apr 2010
    07234002 JM FOODS (LUTON) LIMITED 23 Apr 2010
    07232296 1 LEASE LIMITED 22 Apr 2010
    07228266 GTR CLEANING SERVICES LIMITED 20 Apr 2010
    07228181 GB-INTERSALE LTD 20 Apr 2010
    07226779 THAI COTTAGE HERTFORDSHIRE LIMITED 19 Apr 2010
    07224874 THE PROFESSIONALS ACCIDENT MANAGEMENT LIMITED 15 Apr 2010
    07221775 VIRTUAL MODELS AND DESIGNS LIMITED 13 Apr 2010
    07216903 S.E. BUILDING CONSTRUCTION LIMITED 08 Apr 2010
    07214658 STARFISH FAMILY LIMITED 07 Apr 2010
    07211181 DRUMMOND WALKER SERVICES LTD 01 Apr 2010
    OC354195 GORDON YOUNG LAW LLP 16 Apr 2010
    07237199 APACHE COMMUNICATIONS LTD 28 Apr 2010
    07235339 WINDRUSH ASSET MANAGEMENT LIMITED 26 Apr 2010
    07229732 THE ROOM TREE LTD 21 Apr 2010
    07221316 WRICO CONTRACTING LIMITED 13 Apr 2010
    07212651 SITC LIMITED 06 Apr 2010
    07235940 TECH GLOBAL LIMITED 27 Apr 2010
    07235887 MALIK & CO. SUPPLIES LIMITED 27 Apr 2010
    07230142 SUKHI JEANS LTD 21 Apr 2010
    07226199 MANSOLD LIMITED 16 Apr 2010
    07225253 CLOUDBASE9 LTD 16 Apr 2010
    07222075 BISCOT STORES LTD 13 Apr 2010