Luton, Bedfordshire
Q3 2011 Business Confidence Report
Headlines
- Q3 2011 saw a new record in company registrations in Luton when compared to any previous Q3.
- August 2011 saw a new record in company registrations in Luton when compared to any previous August.
- July 2011 saw a new record in company registrations in Luton when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2011)
Q3 2011 saw a new record in company registrations in Luton when compared to any previous Q3.
A total of 378 companies were registered in Luton during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is an increase of 22.3% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw an increase of 12.8% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Luton UK 2011 378 114,512 2010 309 101,492 % change 22.3% 12.8% Record Year 2011 (378) 2011 (114,512) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
August 2011 saw a new record in company registrations in Luton when compared to any previous August.
July 2011 saw a new record in company registrations in Luton when compared to any previous July.
New Companies by Month
July August September New companies in 2011 119 131 128 New companies in 2010 104 98 107 % change 14.4% 33.7% 19.6% Record Year 2011 (119) 2011 (131) 1998 (137)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2011)
A total of 225 companies were dissolved in Luton during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is a decrease of 10.4% versus the same period last year (Q3 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 17.6% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Luton UK 2011 225 72,230 2010 251 87,705 % change -10.4% -17.6% Record Year 1999 (385) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Dissolved Companies by Month
July August September Closed companies in 2011 69 84 72 Closed companies in 2010 71 101 79 % change -2.8% -16.8% -9% Record Year 1999 (135) 2008 (150) 2009 (182)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2011)
Net company growth for Luton during the third quarter of 2011 (Jul 2011 - Sep 2011) was 153 companies.
third quarter (Jul 2011 - Sep 2011) Luton UK 2011 153 42,282 2010 58 13,787 Record Year 1998 (270) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Net Growth by Month
July August September Net growth in 2011 50 47 56 Net growth in 2010 33 -3 28 Record Year 1998 (93) 1998 (74) 1998 (103)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2011)
In the third quarter of 2011, Luton formed 0.3% of all UK companies.
third quarter (Jul 2011 - Sep 2011) Luton 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Company Share by Month
July August September UK formation share in 2011 0.3% 0.3% 0.3% UK formation share in 2010 0.3% 0.3% 0.3% % change 4.7% 12.5% 8.0% Record Year 1968 (0.9%) 1966 (1.0%) 1969 (0.9%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2011)
The average age of a director in the third quarter of 2011 was 40.3.
The percentage of directors under the age of 25 was 7.4% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2011)
The record third quarter for female directors in Luton was in 1862 when 50.0% of all directors were female.
24.9% of all director appointments in Luton in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2010-Sep 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.20% CONSULTING 5.11% MANAGEMENT 1.20% MANAGEMENT 4.75% LUTON 1.11% CONSULTANCY 3.19% CONSULTANTS 0.96% PROPERTY 2.41% PROPERTY 0.91% TRADING 2.06% CONSULTING 0.87% DESIGN 1.94% CONSTRUCTION 0.82% ASSOCIATES 1.85% IT 0.77% BUSINESS 1.82% (LUTON) 0.77% CONSULTANTS 1.76% CO 0.77% ENGINEERING 1.74% SECURITY 0.77% MEDIA 1.72% CAR 0.72% CONSTRUCTION 1.72% HIRE 0.72% LONDON 1.63% ENTERPRISES 0.72% J 1.47% CARS 0.72% GLOBAL 1.46% M 0.67% INVESTMENTS 1.43% GLOBAL 0.67% CARE 1.42% S 0.67% IT 1.38% BUSINESS 0.63% BUILDING 1.30% CLAIMS 0.58% PROPERTIES 1.28% TRADING 0.53% ELECTRICAL 1.27% C 0.53% M 1.25% ENGINEERING 0.53% ENERGY 1.22% DESIGN 0.53% TRAINING 1.21% LONDON 0.48% S 1.21%
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 812 204,493 7487 - Other business activities 144 65,177 9999 - Dormant Company 57 22,587 82990 - Other business support service activities not elsewhere classified 56 29,245 5530 - Restaurants 46 5,640 70229 - Management consultancy activities other than financial management 42 15,760 99999 - Dormant Company 39 18,281 7260 - Other computer related activities 38 8,686 9305 - Other service activities 38 10,525 7414 - Business & management consultancy 32 14,755 7222 - Other software consultancy and supply 32 8,345 96090 - Other service activities not elsewhere classified 31 10,018 7499 - Non-trading company 30 11,543 62020 - Information technology consultancy activities 28 10,137 62090 - Other information technology service activities 23 6,798 56101 - Licensed restaurants 21 2,332 6024 - Freight transport by road 19 2,601 4521 - General construction & civil engineering 18 6,321 8042 - Adult and other education 17 2,521 41100 - Development of building projects 16 3,697
Recent Companies
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Randomly selected companies from this quarter
reports
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