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Luton, Bedfordshire

2011 Half Year Business Confidence Report

Headlines

  • The first half of 2011 saw a new record in company registrations in Luton when compared to any previous first half year.
  • The first half of 2011 was a record first half year for company registrations in Luton when compared to any half year in history.
  • Q2 2011 saw a new record in company registrations in Luton when compared to any previous Q2.
  • May 2011 saw a new record in company registrations in Luton when compared to any previous May.

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 2011)

    The first half of 2011 saw a new record in company registrations in Luton when compared to any previous first half year.

    The first half of 2011 was a record first half year for company registrations in Luton when compared to any half year in history.

    In the first half of 2011 a total of 750 companies were formed in Luton. This figure is 12.6% higher than last year, which compares well to the UK wide figure of 12.3%.

    The highest total for a first half year in Luton occurred in 2011 when a total of 750 were formed.

    Half Year (Jan-Jun)LutonUK
    2011750228,735
    2010666203,749
    % change12.6%12.3%
    Record Year2011 (750)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Q2 2011 saw a new record in company registrations in Luton when compared to any previous Q2.

    A total of 366 companies were registered in Luton during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 9.3% versus the same period last year (Q2 2010). This figure compares equally to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)LutonUK
    2011366112,344
    201033598,612
    % change9.3%13.9%
    Record Year 2011 (366) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    May 2011 saw a new record in company registrations in Luton when compared to any previous May.

    New Companies by Month
    AprilMayJune
    New companies in 2011113136117
    New companies in 201012489122
    % change-8.9%52.8%-4.1%
    Record Year1998 (124)2011 (136)1998 (130)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 469 companies were dissolved in Luton. This figure is 7.6% higher than last year, which compares badly to the UK wide change of -8.6%.

    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
    2011469162,310
    2010436177,631
    % change7.6%-8.6%
    Record Year2009 (796)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 190 companies were dissolved in Luton during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 12.8% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)LutonUK
    201119071,324
    201021894,954
    % change-12.8%-24.9%
    Record Year 2009 (495) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011498655
    Closed companies in 2010508088
    % change-2.0%7.5%-38%
    Record Year2009 (158)2009 (217)2009 (120)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Luton increased by 281 companies.

    Half Year (Jan-Jun)LutonUK
    201128166,425
    201023026,118
    Record Year1998 (544)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Luton during the second quarter of 2011 (Apr 2011 - Jun 2011) was 176 companies.

    second quarter (Apr 2011 - Jun 2011)LutonUK
    201117641,020
    20101173,658
    Record Year 1998 (296) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 2011645062
    Net growth in 201074934
    Record Year1997 (113)1998 (82)2008 (117)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Luton formed 0.3% of all UK companies. This is the same as the 2010 figure of 0.3%.

    Half Year (Jan-Jun)Luton
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    In the second quarter of 2011, Luton formed 0.3% of all UK companies.

    second quarter (Apr 2011 - Jun 2011)Luton
    20110.3%
    20100.3%
    20090.3%
    20080.4%
    20070.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.3%0.4%0.3%
    UK formation share in 20100.4%0.3%0.3%
    % change-11.8%20.3%-15.0%
    Record Year1998 (0.7%)1998 (0.6%)1967 (0.8%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 40.8.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 40.6.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

    The record first half year for female directors in Luton was 1861 when 40.0% of all directors were female.

    22.0% of all director appointments in Luton in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in Luton was in 1866 when 66.7% of all directors were female.

    20.8% of all director appointments in Luton in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.31%CONSULTING5.09%
    CONSULTANCY1.26%MANAGEMENT4.86%
    CONSULTING1.21%CONSULTANCY3.17%
    LUTON1.10%PROPERTY2.43%
    CONSULTANTS1.00%TRADING2.05%
    CO0.90%DESIGN1.94%
    M0.80%ASSOCIATES1.92%
    PROPERTY0.75%BUSINESS1.87%
    ASSOCIATES0.75%CONSTRUCTION1.77%
    CLAIMS0.75%CONSULTANTS1.76%
    SECURITY0.70%MEDIA1.73%
    (LUTON)0.70%ENGINEERING1.67%
    HIRE0.65%LONDON1.60%
    GLOBAL0.65%GLOBAL1.46%
    CARS0.65%J1.44%
    CAR0.65%CARE1.44%
    CONSTRUCTION0.65%INVESTMENTS1.42%
    IT0.65%IT1.39%
    S0.60%BUILDING1.32%
    BUSINESS0.60%PROPERTIES1.31%
    C0.55%ELECTRICAL1.30%
    DESIGN0.55%M1.27%
    ENGINEERING0.50%S1.23%
    D0.50%ENTERPRISES1.20%
    ENTERPRISES0.45%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied786202,072
    7487 - Other business activities14160,758
    9999 - Dormant Company6120,111
    82990 - Other business support service activities not elsewhere classified5730,647
    70229 - Management consultancy activities other than financial management4316,419
    99999 - Dormant Company4118,918
    5530 - Restaurants365,086
    7260 - Other computer related activities367,849
    9305 - Other service activities339,063
    7414 - Business & management consultancy3213,053
    7499 - Non-trading company3210,955
    96090 - Other service activities not elsewhere classified3110,322
    62020 - Information technology consultancy activities3010,545
    7222 - Other software consultancy and supply257,143
    62090 - Other information technology service activities247,095
    74990 - Non-trading company238,481
    56101 - Licensed restaurants212,441
    4521 - General construction & civil engineering205,928
    6024 - Freight transport by road192,316
    5552 - Catering162,138

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07664665 WESTWOOD ASSET MANAGEMENT LIMITED 10 Jun 2011
    07671735 ECCENTRIC SOLUTIONS LTD 16 Jun 2011
    07674637 BHUVAN IT LTD 20 Jun 2011
    07675124 BBH (SOUTHAMPTON) LIMITED 20 Jun 2011
    07682590 FAIR TRANSPORT & UTILITIES SERVICES LTD 27 Jun 2011
    07683930 WDS (UK) LTD 27 Jun 2011
    07686851 EVICTION SOLUTIONS LIMITED 29 Jun 2011
    07687395 HOME NURSERY LTD 29 Jun 2011
    07687412 PRO-FLEX INTERIORS LIMITED 29 Jun 2011
    07688701 TOMKOW LTD 30 Jun 2011
    07656419 PRG PARA PLANNING LIMITED 02 Jun 2011
    07655102 BRN SALES LIMITED 02 Jun 2011
    07669921 INVOICE FACTORING BROKER LTD 14 Jun 2011
    07673431 MEPCIS LTD 17 Jun 2011
    07674513 AZZURRI AUTOMATION LIMITED 20 Jun 2011
    07680238 ROBERT DITCHAM LIMITED 23 Jun 2011
    07680867 ASHWORTH DESIGN & BUILD HERTS LIMITED 23 Jun 2011
    07680888 RIGHT TRACK INFORMATION SERVICES CIC 23 Jun 2011
    07682056 SPOTLIGHT SECURITY MANAGEMENT LIMITED 24 Jun 2011
    07661097 SPARKLING JEWELS LIMITED 07 Jun 2011
    07662281 MACS PLASTERING LIMITED 08 Jun 2011
    07663830 CARMICHAEL RESOLUTIONS LIMITED 09 Jun 2011
    07665347 AREESHAH WEDDING SERVICES LTD 10 Jun 2011
    07668980 PRIORITY MAINTENANCE LTD 14 Jun 2011
    07686970 MENTOR MARTIAL ARTS PROGRAMME LTD 29 Jun 2011