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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

  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 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)LutonUK
    2011384116,391
    2010331105,137
    % change16.0%10.7%
    Record Year 2011 (384) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2011110133141
    New companies in 201091108132
    % change20.9%23.1%6.8%
    Record Year2011 (110)2011 (133)2007 (180)

Closed Companies (dissolved)

  1. 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)LutonUK
    201127990,986
    201021882,677
    % change28.0%10.0%
    Record Year 2000 (477) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 20111237878
    Closed companies in 2010786575
    % change57.7%20.0%4%
    Record Year2011 (123)2000 (147)2000 (255)

Net Company Growth

  1. 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)LutonUK
    201110525,405
    201011322,460
    Record Year 1998 (248) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-135563
    Net growth in 2010134357
    Record Year1998 (64)1998 (82)2007 (120)

UK Company Share

  1. 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
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    Record Year (since 1960) 1968 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.3%0.4%0.3%
    UK formation share in 20100.3%0.3%0.3%
    % change4.3%8.3%1.9%
    Record Year1968 (1.0%)1962 (0.8%)1968 (0.9%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.53%CONSULTING5.04%
    CONSULTANCY1.28%MANAGEMENT4.97%
    CONSULTING1.23%CONSULTANCY3.16%
    LUTON0.97%PROPERTY2.38%
    ASSOCIATES0.92%TRADING2.10%
    CO0.82%DESIGN1.93%
    GLOBAL0.82%ASSOCIATES1.92%
    CONSULTANTS0.77%BUSINESS1.87%
    PROPERTY0.77%CONSTRUCTION1.80%
    (LUTON)0.77%CONSULTANTS1.76%
    SECURITY0.77%MEDIA1.69%
    IT0.77%ENGINEERING1.61%
    CAR0.72%LONDON1.60%
    CONSTRUCTION0.66%CARE1.45%
    CARS0.66%J1.45%
    M0.61%GLOBAL1.44%
    ELECTRICAL0.61%INVESTMENTS1.43%
    CLAIMS0.56%IT1.41%
    EDUCATION0.56%PROPERTIES1.36%
    CENTRE0.56%BUILDING1.34%
    C0.56%M1.30%
    H0.56%ELECTRICAL1.28%
    HIRE0.51%S1.24%
    D0.51%INTERNATIONAL1.23%
    TRAVEL0.51%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied802202,798
    7487 - Other business activities13860,968
    9999 - Dormant Company5919,765
    82990 - Other business support service activities not elsewhere classified5930,253
    99999 - Dormant Company3818,336
    5530 - Restaurants364,898
    96090 - Other service activities not elsewhere classified3610,085
    70229 - Management consultancy activities other than financial management3516,150
    7260 - Other computer related activities337,789
    7414 - Business & management consultancy3212,916
    7499 - Non-trading company3211,316
    9305 - Other service activities288,740
    74990 - Non-trading company278,695
    62020 - Information technology consultancy activities2610,246
    56101 - Licensed restaurants242,736
    62090 - Other information technology service activities246,996
    7222 - Other software consultancy and supply227,000
    4521 - General construction & civil engineering196,183
    6024 - Freight transport by road182,299
    49410 - Freight transport by road172,167

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07505668 PERMUTATED FILM LIMITED 26 Jan 2011
    07501531 ELECTRONIC JUNCTION LTD 21 Jan 2011
    07499891 PROJECT GROUP (SERVICES) LIMITED 20 Jan 2011
    07497135 LESZEK RECOVERY AND STORAGE LIMITED 18 Jan 2011
    07496495 MOBILE SECURITY SERVICES LIMITED 18 Jan 2011
    07495990 FRYDAYS CHIP SHOP LTD 18 Jan 2011
    07494099 RUTHLESS HUSTLE CIC 17 Jan 2011
    07492826 RC4 LIMITED 14 Jan 2011
    07491017 DLC (LUTON) LTD 12 Jan 2011
    07490138 SHILOH INCORPORATED LTD 12 Jan 2011
    07484237 JAMES MALCOLM & CO (INDUSTRIAL CLEANING) LIMITED 06 Jan 2011
    07481803 ENDII LTD 04 Jan 2011
    OC360762 SHAKUR & CO ACCOUNTANTS LLP 10 Jan 2011
    07503739 NOEL INTERIOR DESIGN LTD 24 Jan 2011
    07488948 IOULIANOS LTD 11 Jan 2011
    07482112 UNCLE PHIL'S AFRO-CARIBBEAN DELIGHTS 05 Jan 2011
    07506419 M&O CIVIL ENGINEERING LIMITED 26 Jan 2011
    07505784 SUNNYSIDE NURSERY LUTON LTD 26 Jan 2011
    07503398 SUPERTONE LIMITED 24 Jan 2011
    07500882 BLACKSTONE PROPERTY CONSULTANTS LIMITED 21 Jan 2011
    07500772 HANSE REAL ESTATE LIMITED 21 Jan 2011
    07494018 SOURCING MERCHANDISE COMPANY LIMITED 17 Jan 2011
    OC360943 CAULIE LLP 17 Jan 2011
    07508549 TJML (UK) LTD 27 Jan 2011
    07504572 ECOSYSTEM LINK LIMITED 25 Jan 2011