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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

  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. 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.

    YearLutonUK
    20111,536452,870
    20101,294400,358
    20091,152362,675
    20081,129349,203
    20071,221457,649
    Record Year2011 (1,536)2007 (457,649)
    New Companies by Year
  2. 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)LutonUK
    2011786224,135
    2010628196,609
    % change25.2%14.0%
    Record Year2011 (786)2011 (224,135)
    New Companies by Half Year
  3. 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)LutonUK
    2011408109,623
    201031995,117
    % change27.9%15.3%
    Record Year 2011 (408) 2011 (109,623)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2011150155103
    New companies in 201010912189
    % change37.6%28.1%15.7%
    Record Year2011 (150)2011 (155)2004 (123)

Closed Companies (dissolved)

  1. 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.

    YearLutonUK
    2011958314,523
    2010946342,232
    20091,409533,773
    2008563237,901
    2007678220,295
    Record Year2009 (1,409)2009 (533,773)
    Dissolved Companies by Year
  2. 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)LutonUK
    2011489152,213
    2010510164,601
    % change-4.1%-7.5%
    Record Year1999 (627)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)LutonUK
    201126479,983
    201025976,896
    % change1.9%4.0%
    Record Year 2009 (271) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20116011787
    Closed companies in 20109710755
    % change-38.1%9.3%58%
    Record Year2010 (97)1999 (153)2009 (94)

Net Company Growth

  1. 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.

    YearLutonUK
    2011578138,347
    201034858,126
    2009-257-171,098
    2008566111,302
    2007543237,354
    Record Year1998 (1,045)2003 (242,543)
    Net Growth by Year
  2. 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)LutonUK
    201129771,922
    201011832,008
    Record Year1998 (501)2003 (117,772)
    Net Growth by Half Year
  3. 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)LutonUK
    201114429,640
    20106018,221
    Record Year 1998 (231) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2011903816
    Net growth in 2010121434
    Record Year1997 (100)1998 (73)1998 (69)

UK Company Share

  1. 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.

    YearLuton
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    Record Year (since 1960)1998 (0.6%)
    Company Share by Year
  2. 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
    20110.4%
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Half Year
  3. 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
    20110.4%
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    Record Year (since 1960) 1997 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.4%0.4%0.3%
    UK formation share in 20100.3%0.4%0.3%
    % change19.6%9.1%2.6%
    Record Year1997 (0.7%)1966 (0.7%)1998 (0.7%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    LUTON1.42%CONSULTING5.07%
    MANAGEMENT1.24%MANAGEMENT4.74%
    PROPERTY1.10%CONSULTANCY3.26%
    CONSULTANCY1.05%PROPERTY2.37%
    M0.92%TRADING2.07%
    CONSULTANTS0.87%DESIGN1.92%
    ENTERPRISES0.87%ASSOCIATES1.86%
    SECURITY0.78%ENGINEERING1.78%
    IT0.73%BUSINESS1.78%
    CAR0.69%CONSULTANTS1.76%
    BUSINESS0.69%CONSTRUCTION1.73%
    (LUTON)0.64%MEDIA1.71%
    CONSULTING0.64%LONDON1.63%
    CONSTRUCTION0.64%J1.51%
    R0.60%INVESTMENTS1.48%
    S0.60%GLOBAL1.46%
    CO0.60%IT1.41%
    TRADING0.55%CARE1.39%
    GLOBAL0.55%PROPERTIES1.29%
    SPICE0.55%ELECTRICAL1.29%
    CARS0.55%M1.27%
    CENTRE0.50%BUILDING1.26%
    HIRE0.50%ENERGY1.25%
    ASSOCIATES0.46%S1.20%
    D0.46%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied819205,525
    7487 - Other business activities12657,052
    82990 - Other business support service activities not elsewhere classified6932,483
    9999 - Dormant Company5320,199
    70229 - Management consultancy activities other than financial management4617,765
    99999 - Dormant Company4421,846
    62020 - Information technology consultancy activities4312,072
    5530 - Restaurants425,013
    7260 - Other computer related activities357,667
    9305 - Other service activities349,492
    96090 - Other service activities not elsewhere classified3111,768
    7222 - Other software consultancy and supply297,398
    7414 - Business & management consultancy2713,034
    7499 - Non-trading company259,957
    62090 - Other information technology service activities247,493
    41100 - Development of building projects204,331
    49410 - Freight transport by road192,392
    69201 - Accounting and auditing activities173,633
    4521 - General construction & civil engineering165,558
    8042 - Adult and other education162,253

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07869472 GRACELESS RHINO EXERCISE LIMITED 02 Dec 2011
    07870130 MAUSOLEUM MANAGEMENT LIMITED 05 Dec 2011
    07873474 SKANDIC LIVING LIMITED 07 Dec 2011
    07875487 AZAR TRADERS LIMITED 08 Dec 2011
    07877026 THE SOMALI FORUM (BEDFORDSHIRE) LTD 09 Dec 2011
    07877694 PARTY NIGHTS ONLINE LTD 09 Dec 2011
    07878357 MK WORLDWIDE LTD 12 Dec 2011
    07879374 UK WORKFORCE LTD 12 Dec 2011
    07887240 DISH OF THE DAY LIMITED 20 Dec 2011
    07889860 BOOGY FASHION LIMITED 22 Dec 2011
    07892420 INFOCUBE SYSTEMS LIMITED 28 Dec 2011
    07893252 FORUM GLOBAL LIMITED 29 Dec 2011
    07870617 PERI PERI FOODS LTD 05 Dec 2011
    07872409 GLOBE SOLUTIONS (UK) LTD 06 Dec 2011
    07878591 ACCOUNTSWISE LTD 12 Dec 2011
    07879375 WB FRESH FOODS LIMITED 12 Dec 2011
    07881993 JAAN LEARNING & DEVELOPMENT LTD 14 Dec 2011
    07892522 LIVE PRODUKTIONS LIMITED 28 Dec 2011
    07893314 IHOSPIT LIMITED 29 Dec 2011
    07888147 THE REDEEMED CHRISTIAN CHURCH OF GOD - MY FATHER'S HOUSE, DUNSTABLE 20 Dec 2011
    07890244 GAMBAT ENTERPRISES LTD 22 Dec 2011
    07871616 GSD RECRUITMENT SERVICES LIMITED 05 Dec 2011
    07879556 DEPLOY SECURITY SERVICES LTD 13 Dec 2011
    07883764 THAI INDIA LOUNGE LIMITED 15 Dec 2011
    07885258 PERI PERI CHICKEN HUT LIMITED 16 Dec 2011