Luton, Bedfordshire
2010 Annual Business Confidence Report
Headlines
- Q4 2010 saw a new record in company registrations in Luton when compared to any previous Q4.
- November 2010 saw a new record in company registrations in Luton when compared to any previous November.
- October 2010 saw a new record in company closures in Luton when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 1,294 companies were formed in Luton in 2010. This total is 12.3% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Luton UK 2010 1,294 400,358 2009 1,152 362,675 2008 1,129 349,203 2007 1,221 457,649 2006 983 405,440 Record Year 1998 (1,344) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 628 companies were formed in Luton. This figure is 7.7% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Luton occurred in 1998 when a total of 643 were formed.
Half Year (Jul-Dec) Luton UK 2010 628 196,609 2009 583 180,654 % change 7.7% 8.8% Record Year 1998 (643) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company registrations in Luton when compared to any previous Q4.
A total of 319 companies were registered in Luton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 19.9% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Luton UK 2010 319 95,117 2009 266 85,983 % change 19.9% 10.6% Record Year 2010 (319) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company registrations in Luton when compared to any previous November.
New Companies by Month
October November December New companies in 2010 109 121 89 New companies in 2009 86 100 80 % change 26.7% 21.0% 11.3% Record Year 1997 (117) 2010 (121) 2004 (123)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 946 companies were dissolved in Luton in 2010. This total is 32.9% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Luton UK 2010 946 342,232 2009 1,409 533,773 2008 563 237,901 2007 678 220,295 2006 830 200,166 Record Year 2009 (1,409) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 510 companies were dissolved in Luton. This figure is 16.8% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Luton occurred in 1999 when a total of 627 were closed.
Half Year (Jul-Dec) Luton UK 2010 510 164,601 2009 613 244,537 % change -16.8% -32.7% Record Year 1999 (627) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 259 companies were dissolved in Luton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 4.4% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Luton UK 2010 259 76,896 2009 271 85,136 % change -4.4% -9.7% Record Year 2009 (271) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
October 2010 saw a new record in company closures in Luton when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 97 107 55 Closed companies in 2009 92 85 94 % change 5.4% 25.9% -41% Record Year 2010 (97) 1999 (153) 2009 (94)
Net Company Growth
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Annual Data (2010)
A total of 348 companies were added to the company register for Luton in 2010. This number represents growth of 30.2% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 605 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 1998 when the Luton company register grew by 1,045 companies.
Year Luton UK 2010 348 58,126 2009 -257 -171,098 2008 566 111,302 2007 543 237,354 2006 153 205,274 Record Year 1998 (1,045) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Luton increased by 118 companies.
Half Year (Jul-Dec) Luton UK 2010 118 32,008 2009 -30 -63,883 Record Year 1998 (501) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Luton during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 60 companies.
fourth quarter (Oct 2010 - Dec 2010) Luton UK 2010 60 18,221 2009 -5 847 Record Year 1998 (231) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 12 14 34 Net growth in 2009 -6 15 -14 Record Year 1997 (100) 1998 (73) 1998 (69)
UK Company Share
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Annual Data (2010)
In 2010 Luton formed 0.3% of all UK companies. This is no change on 2009 when Luton was responsible for 0.3% of all UK companies.
Year Luton 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.2% Record Year (since 1960) 1998 (0.6%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Luton formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jul-Dec) Luton 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Luton formed 0.3% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Luton 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1997 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.3% 0.4% 0.3% UK formation share in 2009 0.3% 0.3% 0.3% % change 11.0% 8.2% 5.9% Record Year 1997 (0.7%) 1966 (0.7%) 1998 (0.7%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 40.8.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 39.9.
The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 40.0.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Luton was 1857 when 36.4% of all directors were female.
The percentage of female directors in Luton in 2010 was 24.3%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Luton was 1860 when 42.9% of all directors were female.
21.5% of all director appointments in Luton in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Luton was in 1977 when 31.1% of all directors were female.
20.7% of all director appointments in Luton in the fourth 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 (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.55% CONSULTING 5.06% CONSULTANCY 1.28% MANAGEMENT 5.01% LUTON 1.28% CONSULTANCY 3.14% CONSULTING 1.23% PROPERTY 2.36% ASSOCIATES 1.07% TRADING 2.11% CONSTRUCTION 0.96% ASSOCIATES 1.95% GLOBAL 0.80% DESIGN 1.92% C 0.75% BUSINESS 1.82% CONSULTANTS 0.75% CONSTRUCTION 1.82% SECURITY 0.75% CONSULTANTS 1.76% CENTRE 0.69% MEDIA 1.71% EDUCATION 0.69% ENGINEERING 1.62% CAR 0.69% LONDON 1.60% (LUTON) 0.69% CARE 1.45% IT 0.69% INVESTMENTS 1.44% ENTERPRISES 0.64% GLOBAL 1.43% J 0.59% J 1.42% M 0.59% IT 1.41% S 0.59% PROPERTIES 1.34% ELECTRICAL 0.53% INTERNATIONAL 1.34% TRANSPORT 0.53% BUILDING 1.34% CARS 0.53% M 1.30% H 0.53% ELECTRICAL 1.25% CLAIMS 0.53% SYSTEMS 1.24% TRAINING 0.48% 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 792 199,572 7487 - Other business activities 142 63,348 9999 - Dormant Company 57 20,144 82990 - Other business support service activities not elsewhere classified 55 27,550 5530 - Restaurants 38 4,939 99999 - Dormant Company 36 16,285 7414 - Business & management consultancy 36 13,474 70229 - Management consultancy activities other than financial management 33 14,505 7499 - Non-trading company 33 12,000 7260 - Other computer related activities 32 8,089 74990 - Non-trading company 26 8,243 96090 - Other service activities not elsewhere classified 26 8,799 56101 - Licensed restaurants 24 2,446 9305 - Other service activities 24 8,858 62020 - Information technology consultancy activities 24 9,177 7222 - Other software consultancy and supply 21 7,298 62090 - Other information technology service activities 21 6,330 4521 - General construction & civil engineering 20 6,598 6024 - Freight transport by road 19 2,401 5552 - Catering 15 2,157
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07423555 BOW STREET HOTEL LIMITED 29 Oct 2010 07419263 TOP HAT BAKERY LIMITED 26 Oct 2010 07413648 WOFC MINISTRIES 20 Oct 2010 07402847 CRYPTIC TRADE LTD 11 Oct 2010 07402828 CRYPTIC TRAVEL LTD 11 Oct 2010 07402084 JRK LEGAL LIMITED 11 Oct 2010 07401685 NAILS EVOLUTION LTD 08 Oct 2010 07399352 123 ELECTRICAL SERVICES LTD 07 Oct 2010 07424483 SOLVENT LTD 29 Oct 2010 07424279 ACE BUILDERS (FLAMSTEAD) LIMITED 29 Oct 2010 07409573 KNIGHTS DEVELOPMENTS LIMITED 15 Oct 2010 07404138 911 944 LIMITED 12 Oct 2010 07403973 LONDON PROFESSIONAL CLEANING COMPANY LTD 12 Oct 2010 07423978 CYRUS-CLARK COMMUNITY 29 Oct 2010 07416101 AB PRINTING LTD 22 Oct 2010 07412065 KISSED LASHES LIMITED 19 Oct 2010 07411797 ADAM BAKSH LTD 19 Oct 2010 07405303 MICRO SD CARDS UK LIMITED 12 Oct 2010 07400411 EUROPEAN BEDROOMS LTD 07 Oct 2010 07394631 PAV STYLE LIMITED 01 Oct 2010 07422696 LUTON MINICABS LTD 28 Oct 2010 07422164 INTECH CONSULTING LTD 28 Oct 2010 07422020 ANTHONY BROOKS CONSULTANTCY LTD 28 Oct 2010 07418337 SMK CARS (UK) LTD 25 Oct 2010 07402328 MIRCHI RESTAURANT LIMITED 11 Oct 2010
reports
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