Luton, Bedfordshire
2013 Annual 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
- 2013 was a record year for company registrations in Luton when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Luton when compared to any previous second half year.
- The second half of 2013 was a record second half year for company registrations in Luton when compared to any half year in history.
- Q4 2013 saw a new record in company registrations in Luton when compared to any previous Q4.
- November 2013 saw a new record in company registrations in Luton when compared to any previous November.
- October 2013 saw a new record in company registrations in Luton when compared to any previous October.
- December 2013 saw a new record in company closures in Luton when compared to any previous December.
- November 2013 saw a new record in net growth in Luton when compared to any previous November.
- October 2013 saw a new record in net growth in Luton when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Luton when compared to any year in history.
A total of 2,167 companies were formed in Luton in 2013. This total is 17.8% higher than in 2012 and compares favourably to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Luton UK 2013 2,167 529,363 2012 1,840 491,893 2011 1,536 452,870 2010 1,294 400,358 2009 1,152 362,675 Record Year 2013 (2,167) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Luton when compared to any previous second half year.
The second half of 2013 was a record second half year for company registrations in Luton when compared to any half year in history.
In the second half of 2013 a total of 1,098 companies were formed in Luton. This figure is 15.1% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Luton occurred in 2013 when a total of 1,098 were formed.
Half Year (Jul-Dec) Luton UK 2013 1,098 259,931 2012 954 238,743 % change 15.1% 8.9% Record Year 2013 (1,098) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in Luton when compared to any previous Q4.
A total of 541 companies were registered in Luton during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 18.4% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Luton UK 2013 541 127,247 2012 457 119,875 % change 18.4% 6.1% Record Year 2013 (541) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company registrations in Luton when compared to any previous November.
October 2013 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 2013 218 202 121 New companies in 2012 166 159 132 % change 31.3% 27.0% -8.3% Record Year 2013 (218) 2013 (202) 2012 (132)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 1,231 companies were dissolved in Luton in 2013. This total is 30.0% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Luton UK 2013 1,231 332,213 2012 947 293,729 2011 958 314,524 2010 945 342,233 2009 1,409 533,789 Record Year 2009 (1,409) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 622 companies were dissolved in Luton. This figure is 21.0% higher than last year, which compares well to the UK wide change of 21.3%.
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 2013 622 177,021 2012 514 145,935 % change 21.0% 21.3% Record Year 1999 (627) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 314 companies were dissolved in Luton during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 26.1% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Luton UK 2013 314 90,851 2012 249 70,027 % change 26.1% 29.7% Record Year 2013 (314) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company closures in Luton when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2013 95 94 125 Closed companies in 2012 112 71 66 % change -15.2% 32.4% 89% Record Year 2012 (112) 1999 (153) 2013 (125)
Net Company Growth
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Annual Data (2013)
A total of 936 companies were added to the company register for Luton in 2013. This number represents growth of 43.2% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 43 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Luton company register grew by 936 companies.
Year Luton UK 2013 936 197,150 2012 893 198,164 2011 578 138,346 2010 349 58,125 2009 -257 -171,114 Record Year 2013 (936) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Luton increased by 476 companies.
Half Year (Jul-Dec) Luton UK 2013 476 82,910 2012 440 92,808 Record Year 1998 (501) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Luton during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 227 companies.
fourth quarter (Oct 2013 - Dec 2013) Luton UK 2013 227 36,396 2012 208 49,848 Record Year 2013 (227) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in net growth in Luton when compared to any previous November.
October 2013 saw a new record in net growth in Luton when compared to any previous October.
Net Growth by Month
October November December Net growth in 2013 123 108 -4 Net growth in 2012 54 88 66 Record Year 2013 (123) 2013 (108) 1998 (69)
UK Company Share
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Annual Data (2013)
In 2013 Luton formed 0.4% of all UK companies. This is no change on 2012 when Luton was responsible for 0.4% of all UK companies.
Year Luton 2013 0.4% 2012 0.4% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Luton formed 0.4% of all UK companies. This is the same as the 2012 figure of 0.4%.
Half Year (Jul-Dec) Luton 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.3% 2009 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Luton formed 0.4% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Luton 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.3% 2009 0.3% Record Year (since 1960) 1997 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.4% 0.5% 0.4% UK formation share in 2012 0.4% 0.4% 0.4% % change 22.1% 24.9% -16.6% Record Year 1997 (0.7%) 1998 (0.6%) 1998 (0.7%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 40.4.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 39.7.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 39.5.
The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Luton was 1980 when 50.0% of all directors were female.
The percentage of female directors in Luton in 2013 was 23.0%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Luton was 2008 when 28.7% of all directors were female.
23.7% of all director appointments in Luton in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Luton was in 2011 when 25.1% of all directors were female.
20.5% of all director appointments in Luton in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.24% CONSULTING 5.22% CONSULTING 1.24% MANAGEMENT 4.72% BUSINESS 1.21% CONSULTANCY 3.45% CARE 1.14% PROPERTY 2.59% LUTON 1.14% TRADING 2.08% CONSULTANCY 1.01% ENGINEERING 1.87% IT 0.97% LONDON 1.86% GLOBAL 0.84% DESIGN 1.76% TRADING 0.80% CONSTRUCTION 1.73% CONSULTANTS 0.80% CARE 1.73% ENTERPRISE 0.70% BUSINESS 1.71% SECURITY 0.70% CONSULTANTS 1.68% CONSTRUCTION 0.64% GLOBAL 1.58% PERI 0.64% INVESTMENTS 1.56% INVESTMENTS 0.60% PROPERTIES 1.54% TRANSPORT 0.60% ASSOCIATES 1.53% SERVICE 0.57% J 1.51% BOND 0.57% MEDIA 1.50% CLEANING 0.57% IT 1.35% M 0.47% DEVELOPMENTS 1.23% NEW 0.47% M 1.23% PROPERTIES 0.47% BUILDING 1.21% ASSOCIATES 0.44% ELECTRICAL 1.20% G 0.44% CAPITAL 1.19% BUILDING 0.44% ENERGY 1.14%
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 1,218 266,814 62020 - Information technology consultancy activities 113 27,183 99999 - Dormant Company 100 46,762 82990 - Other business support service activities not elsewhere classified 96 55,342 96090 - Other service activities not elsewhere classified 88 26,001 70229 - Management consultancy activities other than financial management 85 36,164 56101 - Licensed restaurants 68 7,685 68209 - Other letting and operating of own or leased real estate 65 8,733 62090 - Other information technology service activities 47 12,511 49410 - Freight transport by road 45 7,333 86900 - Other human health activities 40 9,543 56103 - Take-away food shops and mobile food stands 40 7,010 41100 - Development of building projects 38 9,485 74990 - Non-trading company 33 14,223 74909 - Other professional, scientific and technical activities not elsewhere classified 33 18,034 47910 - Retail sale via mail order houses or via Internet 30 8,879 45112 - Sale of used cars and light motor vehicles 29 3,044 62012 - Business and domestic software development 27 9,360 85590 - Other education not elsewhere classified 27 5,698 86210 - General medical practice activities 26 3,942
Recent Companies
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Randomly selected companies from this quarter
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