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
New Company Registrations
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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) Luton UK 2011 750 228,735 2010 666 203,749 % change 12.6% 12.3% Record Year 2011 (750) 2007 (279,097) New Companies by Half Year
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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) Luton UK 2011 366 112,344 2010 335 98,612 % change 9.3% 13.9% Record Year 2011 (366) 2011 (112,344) New Companies by Quarter
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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
April May June New companies in 2011 113 136 117 New companies in 2010 124 89 122 % change -8.9% 52.8% -4.1% Record Year 1998 (124) 2011 (136) 1998 (130)
Closed Companies (dissolved)
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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) Luton UK 2011 469 162,310 2010 436 177,631 % change 7.6% -8.6% Record Year 2009 (796) 2009 (289,236) Dissolved Companies by Half Year
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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) Luton UK 2011 190 71,324 2010 218 94,954 % change -12.8% -24.9% Record Year 2009 (495) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 49 86 55 Closed companies in 2010 50 80 88 % change -2.0% 7.5% -38% Record Year 2009 (158) 2009 (217) 2009 (120)
Net Company Growth
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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) Luton UK 2011 281 66,425 2010 230 26,118 Record Year 1998 (544) 2007 (171,296) Net Growth by Half Year
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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) Luton UK 2011 176 41,020 2010 117 3,658 Record Year 1998 (296) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 64 50 62 Net growth in 2010 74 9 34 Record Year 1997 (113) 1998 (82) 2008 (117)
UK Company Share
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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 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.2% Record Year (since 1960) 1998 (0.6%) Company Share by Half Year
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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 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.3% 0.4% 0.3% UK formation share in 2010 0.4% 0.3% 0.3% % change -11.8% 20.3% -15.0% Record Year 1998 (0.7%) 1998 (0.6%) 1967 (0.8%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.31% CONSULTING 5.09% CONSULTANCY 1.26% MANAGEMENT 4.86% CONSULTING 1.21% CONSULTANCY 3.17% LUTON 1.10% PROPERTY 2.43% CONSULTANTS 1.00% TRADING 2.05% CO 0.90% DESIGN 1.94% M 0.80% ASSOCIATES 1.92% PROPERTY 0.75% BUSINESS 1.87% ASSOCIATES 0.75% CONSTRUCTION 1.77% CLAIMS 0.75% CONSULTANTS 1.76% SECURITY 0.70% MEDIA 1.73% (LUTON) 0.70% ENGINEERING 1.67% HIRE 0.65% LONDON 1.60% GLOBAL 0.65% GLOBAL 1.46% CARS 0.65% J 1.44% CAR 0.65% CARE 1.44% CONSTRUCTION 0.65% INVESTMENTS 1.42% IT 0.65% IT 1.39% S 0.60% BUILDING 1.32% BUSINESS 0.60% PROPERTIES 1.31% C 0.55% ELECTRICAL 1.30% DESIGN 0.55% M 1.27% ENGINEERING 0.50% S 1.23% D 0.50% ENTERPRISES 1.20% ENTERPRISES 0.45% SYSTEMS 1.20%
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 786 202,072 7487 - Other business activities 141 60,758 9999 - Dormant Company 61 20,111 82990 - Other business support service activities not elsewhere classified 57 30,647 70229 - Management consultancy activities other than financial management 43 16,419 99999 - Dormant Company 41 18,918 5530 - Restaurants 36 5,086 7260 - Other computer related activities 36 7,849 9305 - Other service activities 33 9,063 7414 - Business & management consultancy 32 13,053 7499 - Non-trading company 32 10,955 96090 - Other service activities not elsewhere classified 31 10,322 62020 - Information technology consultancy activities 30 10,545 7222 - Other software consultancy and supply 25 7,143 62090 - Other information technology service activities 24 7,095 74990 - Non-trading company 23 8,481 56101 - Licensed restaurants 21 2,441 4521 - General construction & civil engineering 20 5,928 6024 - Freight transport by road 19 2,316 5552 - Catering 16 2,138
Recent Companies
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Randomly selected companies from this quarter
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