Luton, Bedfordshire
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Luton when compared to any year in history.
- The second half of 2011 saw a new record in company registrations in Luton when compared to any previous second half year.
- The second half of 2011 was a record second half year for company registrations in Luton when compared to any half year in history.
- Q4 2011 saw a new record in company registrations in Luton when compared to any previous Q4.
- Q4 2011 was a record quarter for company registrations in Luton when compared to any quarter in history.
- November 2011 saw a new record in company registrations in Luton when compared to any previous November.
- October 2011 saw a new record in company registrations in Luton when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2011)
2011 was a record year for company registrations in Luton when compared to any year in history.
A total of 1,536 companies were formed in Luton in 2011. This total is 18.7% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Luton UK 2011 1,536 452,870 2010 1,294 400,358 2009 1,152 362,675 2008 1,129 349,203 2007 1,221 457,649 Record Year 2011 (1,536) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in Luton when compared to any previous second half year.
The second half of 2011 was a record second half year for company registrations in Luton when compared to any half year in history.
In the second half of 2011 a total of 786 companies were formed in Luton. This figure is 25.2% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in Luton occurred in 2011 when a total of 786 were formed.
Half Year (Jul-Dec) Luton UK 2011 786 224,135 2010 628 196,609 % change 25.2% 14.0% Record Year 2011 (786) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company registrations in Luton when compared to any previous Q4.
Q4 2011 was a record quarter for company registrations in Luton when compared to any quarter in history.
A total of 408 companies were registered in Luton during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 27.9% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Luton UK 2011 408 109,623 2010 319 95,117 % change 27.9% 15.3% Record Year 2011 (408) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
November 2011 saw a new record in company registrations in Luton when compared to any previous November.
October 2011 saw a new record in company registrations in Luton when compared to any previous October.
New Companies by Month
October November December New companies in 2011 150 155 103 New companies in 2010 109 121 89 % change 37.6% 28.1% 15.7% Record Year 2011 (150) 2011 (155) 2004 (123)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 958 companies were dissolved in Luton in 2011. This total is 1.3% higher than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.
Year Luton UK 2011 958 314,523 2010 946 342,232 2009 1,409 533,773 2008 563 237,901 2007 678 220,295 Record Year 2009 (1,409) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 489 companies were dissolved in Luton. This figure is 4.1% lower than last year, which compares badly to the UK wide change of -7.5%.
The highest total for a second half year in Luton occurred in 1999 when a total of 627 were closed.
Half Year (Jul-Dec) Luton UK 2011 489 152,213 2010 510 164,601 % change -4.1% -7.5% Record Year 1999 (627) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 264 companies were dissolved in Luton during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 1.9% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Luton UK 2011 264 79,983 2010 259 76,896 % change 1.9% 4.0% Record Year 2009 (271) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 60 117 87 Closed companies in 2010 97 107 55 % change -38.1% 9.3% 58% Record Year 2010 (97) 1999 (153) 2009 (94)
Net Company Growth
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Annual Data (2011)
A total of 578 companies were added to the company register for Luton in 2011. This number represents growth of 44.7% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 230 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 1998 when the Luton company register grew by 1,045 companies.
Year Luton UK 2011 578 138,347 2010 348 58,126 2009 -257 -171,098 2008 566 111,302 2007 543 237,354 Record Year 1998 (1,045) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Luton increased by 297 companies.
Half Year (Jul-Dec) Luton UK 2011 297 71,922 2010 118 32,008 Record Year 1998 (501) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Luton during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 144 companies.
fourth quarter (Oct 2011 - Dec 2011) Luton UK 2011 144 29,640 2010 60 18,221 Record Year 1998 (231) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 90 38 16 Net growth in 2010 12 14 34 Record Year 1997 (100) 1998 (73) 1998 (69)
UK Company Share
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Annual Data (2011)
In 2011 Luton formed 0.3% of all UK companies. This is no change on 2010 when Luton was responsible for 0.3% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Luton formed 0.4% of all UK companies. This is more than the 2010 figure of 0.3%.
Half Year (Jul-Dec) Luton 2011 0.4% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Luton formed 0.4% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Luton 2011 0.4% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% Record Year (since 1960) 1997 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.4% 0.4% 0.3% UK formation share in 2010 0.3% 0.4% 0.3% % change 19.6% 9.1% 2.6% Record Year 1997 (0.7%) 1966 (0.7%) 1998 (0.7%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 40.3.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 39.8.
The percentage of directors under the age of 25 was 7.1% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 39.2.
The percentage of directors under the age of 25 was 6.9% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 1.7% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
The record year for female directors in Luton was 1857 when 36.4% of all directors were female.
The percentage of female directors in Luton in 2011 was 24.4%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Luton was 1860 when 42.9% of all directors were female.
23.0% of all director appointments in Luton in the second 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 (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Luton was in 1977 when 31.1% of all directors were female.
21.1% of all director appointments in Luton in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LUTON 1.42% CONSULTING 5.07% MANAGEMENT 1.24% MANAGEMENT 4.74% PROPERTY 1.10% CONSULTANCY 3.26% CONSULTANCY 1.05% PROPERTY 2.37% M 0.92% TRADING 2.07% CONSULTANTS 0.87% DESIGN 1.92% ENTERPRISES 0.87% ASSOCIATES 1.86% SECURITY 0.78% ENGINEERING 1.78% IT 0.73% BUSINESS 1.78% CAR 0.69% CONSULTANTS 1.76% BUSINESS 0.69% CONSTRUCTION 1.73% (LUTON) 0.64% MEDIA 1.71% CONSULTING 0.64% LONDON 1.63% CONSTRUCTION 0.64% J 1.51% R 0.60% INVESTMENTS 1.48% S 0.60% GLOBAL 1.46% CO 0.60% IT 1.41% TRADING 0.55% CARE 1.39% GLOBAL 0.55% PROPERTIES 1.29% SPICE 0.55% ELECTRICAL 1.29% CARS 0.55% M 1.27% CENTRE 0.50% BUILDING 1.26% HIRE 0.50% ENERGY 1.25% ASSOCIATES 0.46% S 1.20% D 0.46% ENTERPRISES 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 819 205,525 7487 - Other business activities 126 57,052 82990 - Other business support service activities not elsewhere classified 69 32,483 9999 - Dormant Company 53 20,199 70229 - Management consultancy activities other than financial management 46 17,765 99999 - Dormant Company 44 21,846 62020 - Information technology consultancy activities 43 12,072 5530 - Restaurants 42 5,013 7260 - Other computer related activities 35 7,667 9305 - Other service activities 34 9,492 96090 - Other service activities not elsewhere classified 31 11,768 7222 - Other software consultancy and supply 29 7,398 7414 - Business & management consultancy 27 13,034 7499 - Non-trading company 25 9,957 62090 - Other information technology service activities 24 7,493 41100 - Development of building projects 20 4,331 49410 - Freight transport by road 19 2,392 69201 - Accounting and auditing activities 17 3,633 4521 - General construction & civil engineering 16 5,558 8042 - Adult and other education 16 2,253
Recent Companies
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Randomly selected companies from this quarter
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