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Luton, Bedfordshire

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in Luton when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in Luton when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in Luton when compared to any previous Q2.
  • June 2012 saw a new record in company registrations in Luton when compared to any previous June.
  • May 2012 saw a new record in company registrations in Luton when compared to any previous May.
  • April 2012 saw a new record in company registrations in Luton when compared to any previous April.

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 2012)

    The first half of 2012 saw a new record in company registrations in Luton when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in Luton when compared to any half year in history.

    In the first half of 2012 a total of 886 companies were formed in Luton. This figure is 18.1% higher than last year, which compares well to the UK wide figure of 10.7%.

    The highest total for a first half year in Luton occurred in 2012 when a total of 886 were formed.

    Half Year (Jan-Jun)LutonUK
    2012886253,150
    2011750228,735
    % change18.1%10.7%
    Record Year2012 (886)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in Luton when compared to any previous Q2.

    A total of 443 companies were registered in Luton during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 21.0% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)LutonUK
    2012443121,659
    2011366112,344
    % change21.0%8.3%
    Record Year 2012 (443) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    June 2012 saw a new record in company registrations in Luton when compared to any previous June.

    May 2012 saw a new record in company registrations in Luton when compared to any previous May.

    April 2012 saw a new record in company registrations in Luton when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2012139171133
    New companies in 2011113136117
    % change23.0%25.7%13.7%
    Record Year2012 (139)2012 (171)2012 (133)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 433 companies were dissolved in Luton. This figure is 7.7% lower than last year, which compares badly to the UK wide change of -8.9%.

    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
    2012433147,793
    2011469162,310
    % change-7.7%-8.9%
    Record Year2009 (796)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 247 companies were dissolved in Luton during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 30.0% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)LutonUK
    201224780,218
    201119071,324
    % change30.0%12.5%
    Record Year 2009 (495) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012819076
    Closed companies in 2011498655
    % change65.3%4.7%38%
    Record Year2009 (158)2009 (217)2009 (120)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Luton increased by 453 companies.

    Half Year (Jan-Jun)LutonUK
    2012453105,357
    201128166,425
    Record Year1998 (544)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Luton during the second quarter of 2012 (Apr 2012 - Jun 2012) was 196 companies.

    second quarter (Apr 2012 - Jun 2012)LutonUK
    201219641,441
    201117641,020
    Record Year 1998 (296) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012588157
    Net growth in 2011645062
    Record Year1997 (113)1998 (82)2008 (117)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Luton formed 0.4% of all UK companies. This is more than the 2011 figure of 0.3%.

    Half Year (Jan-Jun)Luton
    20120.4%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Luton formed 0.4% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Luton
    20120.4%
    20110.3%
    20100.3%
    20090.3%
    20080.4%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.3%0.4%0.4%
    UK formation share in 20110.3%0.4%0.3%
    % change3.6%10.2%21.4%
    Record Year1998 (0.7%)1998 (0.6%)1967 (0.8%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 39.1.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 38.8.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 1.1% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

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

    19.6% of all director appointments in Luton in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Luton was in 1866 when 57.1% of all directors were female.

    21.0% of all director appointments in Luton in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2011-Jun 2012)

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

    wordpercentageuk worduk percentage
    PROPERTY1.34%CONSULTING5.07%
    LUTON1.21%MANAGEMENT4.74%
    MANAGEMENT1.12%CONSULTANCY3.28%
    ENTERPRISES0.99%PROPERTY2.35%
    M0.90%TRADING2.10%
    R0.86%DESIGN1.89%
    PERI0.86%ENGINEERING1.87%
    SECURITY0.86%ASSOCIATES1.82%
    GLOBAL0.86%CONSULTANTS1.78%
    CONSULTANCY0.86%CONSTRUCTION1.71%
    FINANCIAL0.73%BUSINESS1.70%
    BUSINESS0.73%MEDIA1.69%
    CONSULTING0.69%LONDON1.68%
    CONSULTANTS0.69%J1.57%
    SPICE0.69%GLOBAL1.51%
    CARE0.65%INVESTMENTS1.48%
    CONSTRUCTION0.65%IT1.42%
    J0.65%CARE1.31%
    CENTRE0.65%PROPERTIES1.31%
    S0.60%M1.26%
    TRAINING0.56%ELECTRICAL1.23%
    ASSOCIATES0.56%BUILDING1.23%
    TRADING0.56%SECURITY1.19%
    INVESTMENTS0.56%S1.18%
    (LUTON)0.52%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied989244,457
    7487 - Other business activities10547,029
    62020 - Information technology consultancy activities6015,280
    99999 - Dormant Company5826,088
    82990 - Other business support service activities not elsewhere classified5535,447
    70229 - Management consultancy activities other than financial management5220,390
    9999 - Dormant Company4516,469
    96090 - Other service activities not elsewhere classified3614,220
    5530 - Restaurants344,037
    9305 - Other service activities307,926
    7260 - Other computer related activities286,456
    62090 - Other information technology service activities248,258
    7222 - Other software consultancy and supply246,356
    7414 - Business & management consultancy2310,978
    74990 - Non-trading company239,706
    56101 - Licenced restaurants222,540
    41100 - Development of building projects215,149
    49410 - Freight transport by road202,912
    7499 - Non-trading company188,023
    86900 - Other human health activities185,222

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08052130 M R REYNARD LTD 01 May 2012
    08053721 NAAM PROPERTY LIMITED 02 May 2012
    08062512 SMASS LIMITED 09 May 2012
    08077755 JEAN CITY LIMITED 22 May 2012
    08079706 FORWARD FRONT LIMITED 23 May 2012
    08083618 OLGAR JUHNTA LIMITED 25 May 2012
    08084488 UPPERVIEW MINISTRIES INTERNATIONAL LTD 25 May 2012
    08085639 MAKRO SOFTS LIMITED 28 May 2012
    08086207 SIMPLIFYSAFETY LTD 28 May 2012
    OC375441 THE MINDSPACE PARTNERSHIP LLP 22 May 2012
    08052360 LEIDA LIMITED 01 May 2012
    08055833 MEDIA 4 ALL 03 May 2012
    08063213 CORCORAN-JONES LIMITED 10 May 2012
    08064169 PHARMACO (NORFOLK) LIMITED 10 May 2012
    08064558 WARDOWN CONTRACTING LTD 10 May 2012
    08069056 QCWORKS LIMITED 15 May 2012
    08070960 ICAPTURE MEDIA LIMITED 16 May 2012
    08080826 BLACK-BRIGHT COMMUNITY SERVICES LIMITED 23 May 2012
    08089057 HUK DRIVING LIMITED 30 May 2012
    08089931 CRBSIMPLYSORTED LIMITED 31 May 2012
    08090318 RAT & RABBIT CONSULTING LIMITED 31 May 2012
    08052786 NAHEEM SOLUTION UK LTD 01 May 2012
    08055354 REBECCA MAI LIMITED 02 May 2012
    08057352 MAID2CLEAN (BEDFORDSHIRE) LTD 04 May 2012
    08057384 ADVENTING GLOBAL LTD 04 May 2012