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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
    07584188 MINI ONE SKIP HIRE LTD 30 Mar 2011
    07582208 ROOFBRITE UK LIMITED 29 Mar 2011
    07579436 TURNING CORNERS COMMUNITY EMPLOYMENT AGENCY 25 Mar 2011
    07578050 SPORT FAMILY LIMITED 25 Mar 2011
    07577472 XPRESSIONS BEAUTY SPA LTD 24 Mar 2011
    07576863 ACHILLES WORLD LIMITED 24 Mar 2011
    07576793 RUNAWAY MEDIA LIMITED 24 Mar 2011
    07573306 ZEEKAYS & CO. LIMITED 22 Mar 2011
    07572861 EXPRESSREADS LTD 22 Mar 2011
    07567227 BRIGHT SPARK ELECTRICS LIMITED 16 Mar 2011
    07565894 NEW VISION COFFEE LIMITED 16 Mar 2011
    07552670 ESC SOFTWARE LIMITED 04 Mar 2011
    07549823 LA UNIQUE LIMITED 03 Mar 2011
    07549481 UNIFY PARTNERSHIP FORUM 02 Mar 2011
    07549094 GM HOLDINGS U.K. NO. 3 LIMITED 02 Mar 2011
    07549071 GM HOLDINGS U.K. NO. 1 LIMITED 02 Mar 2011
    07548466 COLDHAM CONSULTANCY LTD 02 Mar 2011
    07581617 TWO TALES CREATIVE LIMITED 29 Mar 2011
    07555554 AMPTHILL TANDOORI LTD 08 Mar 2011
    07547640 PHOENIX AT TALBOT LTD 01 Mar 2011
    07580702 GLOBALBEAK LIMITED 28 Mar 2011
    07576003 GOLDING ELITE LIMITED 23 Mar 2011
    07572002 DENBIGH PRE SCHOOL LIMITED 21 Mar 2011
    07570656 MANTLE IT SYSTEMS LTD 21 Mar 2011
    07570286 SAHARA BAR AND RESTAURANT LTD 18 Mar 2011