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

  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 (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.

    YearLutonUK
    20121,841491,893
    20111,536452,870
    20101,294400,358
    20091,152362,675
    20081,129349,203
    Record Year2012 (1,841)2012 (491,893)
    New Companies by Year
  2. 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)LutonUK
    2012955238,743
    2011786224,135
    % change21.5%6.5%
    Record Year2012 (955)2012 (238,743)
    New Companies by Half Year
  3. 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)LutonUK
    2012458119,875
    2011408109,623
    % change12.3%9.4%
    Record Year 2012 (458) 2012 (119,875)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2012166159133
    New companies in 2011150155103
    % change10.7%2.6%29.1%
    Record Year2012 (166)2012 (159)2012 (133)

Closed Companies (dissolved)

  1. 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.

    YearLutonUK
    2012947293,728
    2011958314,524
    2010945342,233
    20091,409533,787
    2008563237,873
    Record Year2009 (1,409)2009 (533,787)
    Dissolved Companies by Year
  2. 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)LutonUK
    2012514145,934
    2011489152,213
    % change5.1%-4.1%
    Record Year1999 (627)2009 (244,543)
    Dissolved Companies by Half Year
  3. 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)LutonUK
    201224970,026
    201126479,983
    % change-5.7%-12.4%
    Record Year 2009 (271) 2009 (85,139)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 20121127166
    Closed companies in 20116011787
    % change86.7%-39.3%-24%
    Record Year2012 (112)1999 (153)2009 (94)

Net Company Growth

  1. 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.

    YearLutonUK
    2012894198,165
    2011578138,346
    201034958,125
    2009-257-171,112
    2008566111,330
    Record Year1998 (1,045)2003 (242,541)
    Net Growth by Year
  2. 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)LutonUK
    201244192,809
    201129771,922
    Record Year1998 (501)2003 (117,772)
    Net Growth by Half Year
  3. 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)LutonUK
    201220949,849
    201114429,640
    Record Year 1998 (231) 2003 (57,175)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2012548867
    Net growth in 2011903816
    Record Year1997 (100)2012 (88)1998 (69)

UK Company Share

  1. 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.

    YearLuton
    20120.4%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960)1998 (0.6%)
    Company Share by Year
  2. 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
    20120.4%
    20110.4%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Half Year
  3. 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
    20120.4%
    20110.4%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1997 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.4%0.4%0.4%
    UK formation share in 20110.4%0.4%0.3%
    % change-7.0%-2.4%25.7%
    Record Year1997 (0.7%)1966 (0.7%)1998 (0.7%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    CO2.11%CONSULTING5.15%
    CP1.51%MANAGEMENT4.78%
    MANAGEMENT1.35%CONSULTANCY3.31%
    CONSULTING1.11%PROPERTY2.40%
    LUTON0.99%TRADING2.03%
    CONSULTANCY0.95%DESIGN1.86%
    GLOBAL0.91%ASSOCIATES1.82%
    IT0.80%ENGINEERING1.79%
    SECURITY0.76%BUSINESS1.76%
    PROPERTY0.72%CONSULTANTS1.75%
    CARE0.72%CONSTRUCTION1.69%
    ASSOCIATES0.68%LONDON1.69%
    BUSINESS0.68%MEDIA1.69%
    CONSTRUCTION0.64%GLOBAL1.59%
    R0.60%J1.57%
    TRADING0.60%INVESTMENTS1.46%
    FINANCIAL0.60%IT1.43%
    TRADE0.56%CARE1.39%
    TRANSPORT0.56%PROPERTIES1.34%
    CONSULTANTS0.56%M1.26%
    PERI0.56%BUILDING1.23%
    M0.52%ENTERPRISES1.21%
    MEDIA0.52%TRAINING1.18%
    HIRE0.52%ELECTRICAL1.17%
    J0.52%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied985236,139
    82990 - Other business support service activities not elsewhere classified9152,427
    99999 - Dormant Company8840,648
    62020 - Information technology consultancy activities8723,256
    70229 - Management consultancy activities other than financial management7530,396
    96090 - Other service activities not elsewhere classified6522,058
    56101 - Licensed restaurants456,400
    62090 - Other information technology service activities4412,291
    41100 - Development of building projects357,980
    56103 - Take-away food shops and mobile food stands355,132
    49410 - Freight transport by road315,165
    74990 - Non-trading company3113,808
    86900 - Other human health activities277,866
    7487 - Other business activities2710,703
    74909 - Other professional, scientific and technical activities not elsewhere classified2515,572
    43999 - Other specialised construction activities not elsewhere classified226,419
    45112 - Sale of used cars and light motor vehicles222,366
    45200 - Maintenance and repair of motor vehicles224,290
    68209 - Other letting and operating of own or leased real estate226,971
    80100 - Private security activities202,286

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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