Luton, Bedfordshire
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in Luton when compared to any year in history.
- The second half of 2012 saw a new record in company registrations in Luton when compared to any previous second half year.
- The second half of 2012 was a record second half year for company registrations in Luton when compared to any half year in history.
- Q4 2012 saw a new record in company registrations in Luton when compared to any previous Q4.
- December 2012 saw a new record in company registrations in Luton when compared to any previous December.
- November 2012 saw a new record in company registrations in Luton when compared to any previous November.
- October 2012 saw a new record in company registrations in Luton when compared to any previous October.
- October 2012 saw a new record in company closures in Luton when compared to any previous October.
- November 2012 saw a new record in net growth in Luton when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in Luton when compared to any year in history.
A total of 1,841 companies were formed in Luton in 2012. This total is 19.9% higher than in 2011 and compares favourably to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Luton UK 2012 1,841 491,893 2011 1,536 452,870 2010 1,294 400,358 2009 1,152 362,675 2008 1,129 349,203 Record Year 2012 (1,841) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in Luton when compared to any previous second half year.
The second half of 2012 was a record second half year for company registrations in Luton when compared to any half year in history.
In the second half of 2012 a total of 955 companies were formed in Luton. This figure is 21.5% higher than last year, which compares well to the UK wide figure of 6.5%.
The highest total for a second half year in Luton occurred in 2012 when a total of 955 were formed.
Half Year (Jul-Dec) Luton UK 2012 955 238,743 2011 786 224,135 % change 21.5% 6.5% Record Year 2012 (955) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company registrations in Luton when compared to any previous Q4.
A total of 458 companies were registered in Luton during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 12.3% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Luton UK 2012 458 119,875 2011 408 109,623 % change 12.3% 9.4% Record Year 2012 (458) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in company registrations in Luton when compared to any previous December.
November 2012 saw a new record in company registrations in Luton when compared to any previous November.
October 2012 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 2012 166 159 133 New companies in 2011 150 155 103 % change 10.7% 2.6% 29.1% Record Year 2012 (166) 2012 (159) 2012 (133)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 947 companies were dissolved in Luton in 2012. This total is 1.1% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Luton UK 2012 947 293,728 2011 958 314,524 2010 945 342,233 2009 1,409 533,787 2008 563 237,873 Record Year 2009 (1,409) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 514 companies were dissolved in Luton. This figure is 5.1% higher than last year, which compares badly to the UK wide change of -4.1%.
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 2012 514 145,934 2011 489 152,213 % change 5.1% -4.1% Record Year 1999 (627) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 249 companies were dissolved in Luton during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 5.7% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Luton UK 2012 249 70,026 2011 264 79,983 % change -5.7% -12.4% Record Year 2009 (271) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in Luton when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 112 71 66 Closed companies in 2011 60 117 87 % change 86.7% -39.3% -24% Record Year 2012 (112) 1999 (153) 2009 (94)
Net Company Growth
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Annual Data (2012)
A total of 894 companies were added to the company register for Luton in 2012. This number represents growth of 58.2% in the total number of active companies, which compares favourably to the UK figure of 43.8%.
This number is 316 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 2012 894 198,165 2011 578 138,346 2010 349 58,125 2009 -257 -171,112 2008 566 111,330 Record Year 1998 (1,045) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Luton increased by 441 companies.
Half Year (Jul-Dec) Luton UK 2012 441 92,809 2011 297 71,922 Record Year 1998 (501) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Luton during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 209 companies.
fourth quarter (Oct 2012 - Dec 2012) Luton UK 2012 209 49,849 2011 144 29,640 Record Year 1998 (231) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
November 2012 saw a new record in net growth in Luton when compared to any previous November.
Net Growth by Month
October November December Net growth in 2012 54 88 67 Net growth in 2011 90 38 16 Record Year 1997 (100) 2012 (88) 1998 (69)
UK Company Share
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Annual Data (2012)
In 2012 Luton formed 0.4% of all UK companies. This is an improvement on 2011 when Luton was responsible for 0.3% of all UK companies.
Year Luton 2012 0.4% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Luton formed 0.4% of all UK companies. This is the same as the 2011 figure of 0.4%.
Half Year (Jul-Dec) Luton 2012 0.4% 2011 0.4% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Luton formed 0.4% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Luton 2012 0.4% 2011 0.4% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1997 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.4% 0.4% 0.4% UK formation share in 2011 0.4% 0.4% 0.3% % change -7.0% -2.4% 25.7% Record Year 1997 (0.7%) 1966 (0.7%) 1998 (0.7%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 39.7.
The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 1.7% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 39.0.
The percentage of directors under the age of 25 was 7.0% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 1.3% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 38.0.
The percentage of directors under the age of 25 was 7.8% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Luton was 1860 when 35.7% of all directors were female.
The percentage of female directors in Luton in 2012 was 24.2%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Luton was 1860 when 42.9% of all directors were female.
22.5% of all director appointments in Luton in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Luton was in 1977 when 31.2% of all directors were female.
21.6% of all director appointments in Luton in the fourth quarter of 2012 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 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CO 2.11% CONSULTING 5.15% CP 1.51% MANAGEMENT 4.78% MANAGEMENT 1.35% CONSULTANCY 3.31% CONSULTING 1.11% PROPERTY 2.40% LUTON 0.99% TRADING 2.03% CONSULTANCY 0.95% DESIGN 1.86% GLOBAL 0.91% ASSOCIATES 1.82% IT 0.80% ENGINEERING 1.79% SECURITY 0.76% BUSINESS 1.76% PROPERTY 0.72% CONSULTANTS 1.75% CARE 0.72% CONSTRUCTION 1.69% ASSOCIATES 0.68% LONDON 1.69% BUSINESS 0.68% MEDIA 1.69% CONSTRUCTION 0.64% GLOBAL 1.59% R 0.60% J 1.57% TRADING 0.60% INVESTMENTS 1.46% FINANCIAL 0.60% IT 1.43% TRADE 0.56% CARE 1.39% TRANSPORT 0.56% PROPERTIES 1.34% CONSULTANTS 0.56% M 1.26% PERI 0.56% BUILDING 1.23% M 0.52% ENTERPRISES 1.21% MEDIA 0.52% TRAINING 1.18% HIRE 0.52% ELECTRICAL 1.17% J 0.52% SECURITY 1.17%
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 985 236,139 82990 - Other business support service activities not elsewhere classified 91 52,427 99999 - Dormant Company 88 40,648 62020 - Information technology consultancy activities 87 23,256 70229 - Management consultancy activities other than financial management 75 30,396 96090 - Other service activities not elsewhere classified 65 22,058 56101 - Licensed restaurants 45 6,400 62090 - Other information technology service activities 44 12,291 41100 - Development of building projects 35 7,980 56103 - Take-away food shops and mobile food stands 35 5,132 49410 - Freight transport by road 31 5,165 74990 - Non-trading company 31 13,808 86900 - Other human health activities 27 7,866 7487 - Other business activities 27 10,703 74909 - Other professional, scientific and technical activities not elsewhere classified 25 15,572 43999 - Other specialised construction activities not elsewhere classified 22 6,419 45112 - Sale of used cars and light motor vehicles 22 2,366 45200 - Maintenance and repair of motor vehicles 22 4,290 68209 - Other letting and operating of own or leased real estate 22 6,971 80100 - Private security activities 20 2,286
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08236184 M.P.B.TRANSPORT LTD 02 Oct 2012 08237322 STREETHANDS LTD 02 Oct 2012 08245213 MRS NAGA LIMITED 09 Oct 2012 08248818 ACCESS MOTORS LIMITED 11 Oct 2012 08249414 SMYLE CLUB LIMITED 11 Oct 2012 08250311 ADW FINANCIAL MANAGEMENT LIMITED 12 Oct 2012 08250741 THOMTON INTERNATIONAL TRADING LIMITED 12 Oct 2012 08255007 LDF WOMENSWEAR LTD 16 Oct 2012 08256384 MARDOC PROPERTIES LIMITED 17 Oct 2012 08256474 C S RACE PREPARATIONS LTD 17 Oct 2012 08260108 JGPC LIMITED 19 Oct 2012 08262180 MACRO SECURITY SOLUTIONS LTD 22 Oct 2012 08268057 ACE ASSESSMENTS LTD 25 Oct 2012 08268065 MINI LOFT CONVERSION LIMITED 25 Oct 2012 08270586 NAVARRE CLIENTELE LTD 26 Oct 2012 08272907 HL TOURS LIMITED 30 Oct 2012 08274578 THE FRONTIER LOUNGE LIMITED 30 Oct 2012 08238623 HALIM AND CO LIMITED 03 Oct 2012 08248580 COLOURFULSTATE LIMITED 11 Oct 2012 08253383 THE GAS SAFE TEAM LTD 15 Oct 2012 08254489 QUALITY SOFTWARE TESTING (QST) LTD 16 Oct 2012 08262970 APOSTROFLY LIMITED 22 Oct 2012 08265350 GLOBAL RETAIL ASSOCIATES LIMITED 23 Oct 2012 08268167 32 CLARENDON MANAGEMENT LTD 25 Oct 2012 08274642 SERVICE DESIGN PARTNERS LIMITED 30 Oct 2012
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