Luton, Bedfordshire
Q1 2011 Business Confidence Report
Headlines
- Q1 2011 saw a new record in company registrations in Luton when compared to any previous Q1.
- Q1 2011 was a record quarter for company registrations in Luton when compared to any quarter in history.
- February 2011 saw a new record in company registrations in Luton when compared to any previous February.
- January 2011 saw a new record in company registrations in Luton when compared to any previous January.
- January 2011 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 2011)
Q1 2011 saw a new record in company registrations in Luton when compared to any previous Q1.
Q1 2011 was a record quarter for company registrations in Luton when compared to any quarter in history.
A total of 384 companies were registered in Luton during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 16.0% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Luton UK 2011 384 116,391 2010 331 105,137 % change 16.0% 10.7% Record Year 2011 (384) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company registrations in Luton when compared to any previous February.
January 2011 saw a new record in company registrations in Luton when compared to any previous January.
New Companies by Month
January February March New companies in 2011 110 133 141 New companies in 2010 91 108 132 % change 20.9% 23.1% 6.8% Record Year 2011 (110) 2011 (133) 2007 (180)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 279 companies were dissolved in Luton during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 28.0% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Luton UK 2011 279 90,986 2010 218 82,677 % change 28.0% 10.0% Record Year 2000 (477) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 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 2011 123 78 78 Closed companies in 2010 78 65 75 % change 57.7% 20.0% 4% Record Year 2011 (123) 2000 (147) 2000 (255)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Luton during the first quarter of 2011 (Jan 2011 - Mar 2011) was 105 companies.
first quarter (Jan 2011 - Mar 2011) Luton UK 2011 105 25,405 2010 113 22,460 Record Year 1998 (248) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -13 55 63 Net growth in 2010 13 43 57 Record Year 1998 (64) 1998 (82) 2007 (120)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Luton formed 0.3% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Luton 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.2% Record Year (since 1960) 1968 (0.9%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.3% 0.4% 0.3% UK formation share in 2010 0.3% 0.3% 0.3% % change 4.3% 8.3% 1.9% Record Year 1968 (1.0%) 1962 (0.8%) 1968 (0.9%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 41.0.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Luton was in 1861 when 40.0% of all directors were female.
23.2% of all director appointments in Luton in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.53% CONSULTING 5.04% CONSULTANCY 1.28% MANAGEMENT 4.97% CONSULTING 1.23% CONSULTANCY 3.16% LUTON 0.97% PROPERTY 2.38% ASSOCIATES 0.92% TRADING 2.10% CO 0.82% DESIGN 1.93% GLOBAL 0.82% ASSOCIATES 1.92% CONSULTANTS 0.77% BUSINESS 1.87% PROPERTY 0.77% CONSTRUCTION 1.80% (LUTON) 0.77% CONSULTANTS 1.76% SECURITY 0.77% MEDIA 1.69% IT 0.77% ENGINEERING 1.61% CAR 0.72% LONDON 1.60% CONSTRUCTION 0.66% CARE 1.45% CARS 0.66% J 1.45% M 0.61% GLOBAL 1.44% ELECTRICAL 0.61% INVESTMENTS 1.43% CLAIMS 0.56% IT 1.41% EDUCATION 0.56% PROPERTIES 1.36% CENTRE 0.56% BUILDING 1.34% C 0.56% M 1.30% H 0.56% ELECTRICAL 1.28% HIRE 0.51% S 1.24% D 0.51% INTERNATIONAL 1.23% TRAVEL 0.51% SYSTEMS 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 802 202,798 7487 - Other business activities 138 60,968 9999 - Dormant Company 59 19,765 82990 - Other business support service activities not elsewhere classified 59 30,253 99999 - Dormant Company 38 18,336 5530 - Restaurants 36 4,898 96090 - Other service activities not elsewhere classified 36 10,085 70229 - Management consultancy activities other than financial management 35 16,150 7260 - Other computer related activities 33 7,789 7414 - Business & management consultancy 32 12,916 7499 - Non-trading company 32 11,316 9305 - Other service activities 28 8,740 74990 - Non-trading company 27 8,695 62020 - Information technology consultancy activities 26 10,246 56101 - Licensed restaurants 24 2,736 62090 - Other information technology service activities 24 6,996 7222 - Other software consultancy and supply 22 7,000 4521 - General construction & civil engineering 19 6,183 6024 - Freight transport by road 18 2,299 49410 - Freight transport by road 17 2,167
Recent Companies
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Randomly selected companies from this quarter
reports
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