Luton, Bedfordshire

2013 Half Year Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • The first half of 2013 saw a new record in company registrations in Luton when compared to any previous first half year.
  • The first half of 2013 was a record first half year for company registrations in Luton when compared to any half year in history.
  • Q2 2013 saw a new record in company registrations in Luton when compared to any previous Q2.
  • Q2 2013 was a record quarter for company registrations in Luton when compared to any quarter in history.
  • June 2013 saw a new record in company registrations in Luton when compared to any previous June.
  • April 2013 saw a new record in company registrations in Luton when compared to any previous April.
  • April 2013 was a record month for company registrations in Luton when compared to any month in history.
  • April 2013 saw a new record in net growth in Luton when compared to any previous April.
  • April 2013 was a record month for net growth in Luton when compared to any month in history.

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 2013)

    The first half of 2013 saw a new record in company registrations in Luton when compared to any previous first half year.

    The first half of 2013 was a record first half year for company registrations in Luton when compared to any half year in history.

    In the first half of 2013 a total of 1,069 companies were formed in Luton. This figure is 20.7% higher than last year, which compares well to the UK wide figure of 6.4%.

    The highest total for a first half year in Luton occurred in 2013 when a total of 1,069 were formed.

    Half Year (Jan-Jun)LutonUK
    20131,069269,432
    2012886253,150
    % change20.7%6.4%
    Record Year2013 (1,069)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Q2 2013 saw a new record in company registrations in Luton when compared to any previous Q2.

    Q2 2013 was a record quarter for company registrations in Luton when compared to any quarter in history.

    A total of 569 companies were registered in Luton during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 28.4% versus the same period last year (Q2 2012). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)LutonUK
    2013569134,630
    2012443121,659
    % change28.4%10.7%
    Record Year 2013 (569) 2013 (134,630)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    June 2013 saw a new record in company registrations in Luton when compared to any previous June.

    April 2013 saw a new record in company registrations in Luton when compared to any previous April.

    April 2013 was a record month for company registrations in Luton when compared to any month in history.

    New Companies by Month
    AprilMayJune
    New companies in 2013232160177
    New companies in 2012139171133
    % change66.9%-6.4%33.1%
    Record Year2013 (232)2012 (171)2013 (177)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 609 companies were dissolved in Luton. This figure is 40.6% higher than last year, which compares badly to the UK wide change of 5.0%.

    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
    2013609155,192
    2012433147,794
    % change40.6%5.0%
    Record Year2009 (796)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 304 companies were dissolved in Luton during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 23.1% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)LutonUK
    201330477,278
    201224780,218
    % change23.1%-3.7%
    Record Year 2009 (495) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201399100105
    Closed companies in 2012819076
    % change22.2%11.1%38%
    Record Year2009 (158)2009 (217)2009 (120)

Net Company Growth

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 the company register for Luton increased by 460 companies.

    Half Year (Jan-Jun)LutonUK
    2013460114,240
    2012453105,356
    Record Year1998 (544)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Net company growth for Luton during the second quarter of 2013 (Apr 2013 - Jun 2013) was 265 companies.

    second quarter (Apr 2013 - Jun 2013)LutonUK
    201326557,352
    201219641,441
    Record Year 2013 (265) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    April 2013 saw a new record in net growth in Luton when compared to any previous April.

    April 2013 was a record month for net growth in Luton when compared to any month in history.

    Net Growth by Month
    AprilMayJune
    Net growth in 20131336072
    Net growth in 2012588157
    Record Year2013 (133)1998 (82)2008 (117)

UK Company Share

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 Luton formed 0.4% of all UK companies. This is the same as the 2012 figure of 0.4%.

    Half Year (Jan-Jun)Luton
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    In the second quarter of 2013, Luton formed 0.4% of all UK companies.

    second quarter (Apr 2013 - Jun 2013)Luton
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 20130.5%0.4%0.4%
    UK formation share in 20120.3%0.4%0.4%
    % change40.2%-9.1%20.4%
    Record Year1998 (0.7%)1998 (0.6%)1998 (0.7%)

Director Age

  1. Half Year Data (Jan-Jun 2013)

    The average age of a director in the first half of 2013 was 41.6.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 3.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The average age of a director in the second quarter of 2013 was 39.8.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 3.8%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2013)

    The record first half year for female directors in Luton was 2008 when 26.4% of all directors were female.

    22.1% of all director appointments in Luton in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The record second quarter for female directors in Luton was in 2010 when 26.4% of all directors were female.

    22.7% of all director appointments in Luton in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2012-Jun 2013)

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

    wordpercentageuk worduk percentage
    CO2.08%CONSULTING5.25%
    CP1.36%MANAGEMENT4.80%
    MANAGEMENT1.29%CONSULTANCY3.41%
    LUTON1.29%PROPERTY2.48%
    CONSULTING1.18%TRADING2.05%
    IT1.15%ENGINEERING1.81%
    CONSULTANCY0.90%DESIGN1.79%
    GLOBAL0.86%LONDON1.77%
    BUSINESS0.86%BUSINESS1.77%
    TRADING0.72%CONSULTANTS1.68%
    SECURITY0.72%CONSTRUCTION1.68%
    TRANSPORT0.72%ASSOCIATES1.67%
    ENTERPRISE0.68%GLOBAL1.59%
    CARE0.68%MEDIA1.57%
    INVESTMENTS0.57%CARE1.55%
    TRADE0.57%J1.53%
    BOND0.54%INVESTMENTS1.46%
    CARS0.54%IT1.40%
    ASSOCIATES0.50%PROPERTIES1.40%
    CONSTRUCTION0.50%M1.26%
    PROPERTIES0.50%BUILDING1.22%
    ENERGY0.50%ELECTRICAL1.19%
    CONSULTANTS0.47%ENTERPRISES1.18%
    BUILDING0.43%CAPITAL1.16%
    TRADERS0.43%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,106257,517
    82990 - Other business support service activities not elsewhere classified9954,555
    62020 - Information technology consultancy activities9825,583
    99999 - Dormant Company9244,817
    70229 - Management consultancy activities other than financial management7433,633
    96090 - Other service activities not elsewhere classified7224,324
    56101 - Licensed restaurants567,148
    62090 - Other information technology service activities4912,578
    49410 - Freight transport by road396,273
    56103 - Take-away food shops and mobile food stands376,140
    74909 - Other professional, scientific and technical activities not elsewhere classified3517,095
    41100 - Development of building projects348,876
    74990 - Non-trading company3314,303
    68209 - Other letting and operating of own or leased real estate297,871
    86900 - Other human health activities298,687
    45112 - Sale of used cars and light motor vehicles282,817
    85590 - Other education not elsewhere classified255,319
    62012 - Business and domestic software development258,590
    80100 - Private security activities242,841
    43999 - Other specialised construction activities not elsewhere classified247,212

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08512980 J L KENYON & SON PLASTERING LTD 01 May 2013
    08514663 RAM IT SOFTWARE SOLUTIONS LIMITED 02 May 2013
    08522324 RADSTONE PLACE LIMITED 09 May 2013
    08524586 VAUXHALL RECREATION CLUB LIMITED 10 May 2013
    08526876 GRAINGER HELLAND LIMITED 13 May 2013
    08526895 RELUV LIMITED 13 May 2013
    08527560 COMPAS ACADEMY LTD 13 May 2013
    08533427 TRADE MOTOR CENTRE LIMITED 17 May 2013
    08533758 JB (IND) LTD 17 May 2013
    08534845 STEADFAST LANDSCAPING LIMITED 17 May 2013
    08536048 JESSOP & CO LTD 20 May 2013
    08536173 ZINC MARKETING LIMITED 20 May 2013
    08538638 EDEN LAC LTD 21 May 2013
    08541675 S.W.A.T MANAGEMENT LTD 23 May 2013
    08544248 FOURTY SEVEN LEGAL LIMITED 24 May 2013
    08547985 AAPPA KADAI (EAST HAM) LIMITED 29 May 2013
    08512655 MHR CONSTRUCTION LTD 01 May 2013
    08529751 BMB CREATIVE LTD 15 May 2013
    08531627 REDESIGNSPORT LIMITED 16 May 2013
    08539247 SYNERGYMC2 LIMITED 22 May 2013
    08541718 REDMV C.I.C. 23 May 2013
    08545755 HOT BUNS BAKERY LTD 28 May 2013
    08515111 DIVERSE COMMUNITY MEDIA & TRAINING LTD 02 May 2013
    08515870 GB GARDENERS LIMITED 03 May 2013
    08520639 TRADEFIN EQUITY BOND LIMITED 08 May 2013