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

  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 (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.

    YearLutonUK
    20132,167529,363
    20121,840491,893
    20111,536452,870
    20101,294400,358
    20091,152362,675
    Record Year2013 (2,167)2013 (529,363)
    New Companies by Year
  2. 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)LutonUK
    20131,098259,931
    2012954238,743
    % change15.1%8.9%
    Record Year2013 (1,098)2013 (259,931)
    New Companies by Half Year
  3. 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)LutonUK
    2013541127,247
    2012457119,875
    % change18.4%6.1%
    Record Year 2013 (541) 2013 (127,247)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2013218202121
    New companies in 2012166159132
    % change31.3%27.0%-8.3%
    Record Year2013 (218)2013 (202)2012 (132)

Closed Companies (dissolved)

  1. 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.

    YearLutonUK
    20131,231332,213
    2012947293,729
    2011958314,524
    2010945342,233
    20091,409533,789
    Record Year2009 (1,409)2009 (533,789)
    Dissolved Companies by Year
  2. 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)LutonUK
    2013622177,021
    2012514145,935
    % change21.0%21.3%
    Record Year1999 (627)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)LutonUK
    201331490,851
    201224970,027
    % change26.1%29.7%
    Record Year 2013 (314) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 20139594125
    Closed companies in 20121127166
    % change-15.2%32.4%89%
    Record Year2012 (112)1999 (153)2013 (125)

Net Company Growth

  1. 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.

    YearLutonUK
    2013936197,150
    2012893198,164
    2011578138,346
    201034958,125
    2009-257-171,114
    Record Year2013 (936)2007 (237,353)
    Net Growth by Year
  2. 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)LutonUK
    201347682,910
    201244092,808
    Record Year1998 (501)2003 (117,772)
    Net Growth by Half Year
  3. 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)LutonUK
    201322736,396
    201220849,848
    Record Year 2013 (227) 2012 (49,848)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2013123108-4
    Net growth in 2012548866
    Record Year2013 (123)2013 (108)1998 (69)

UK Company Share

  1. 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.

    YearLuton
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960)1998 (0.6%)
    Company Share by Year
  2. 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
    20130.4%
    20120.4%
    20110.4%
    20100.3%
    20090.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Half Year
  3. 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
    20130.4%
    20120.4%
    20110.4%
    20100.3%
    20090.3%
    Record Year (since 1960) 1997 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.4%0.5%0.4%
    UK formation share in 20120.4%0.4%0.4%
    % change22.1%24.9%-16.6%
    Record Year1997 (0.7%)1998 (0.6%)1998 (0.7%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.24%CONSULTING5.22%
    CONSULTING1.24%MANAGEMENT4.72%
    BUSINESS1.21%CONSULTANCY3.45%
    CARE1.14%PROPERTY2.59%
    LUTON1.14%TRADING2.08%
    CONSULTANCY1.01%ENGINEERING1.87%
    IT0.97%LONDON1.86%
    GLOBAL0.84%DESIGN1.76%
    TRADING0.80%CONSTRUCTION1.73%
    CONSULTANTS0.80%CARE1.73%
    ENTERPRISE0.70%BUSINESS1.71%
    SECURITY0.70%CONSULTANTS1.68%
    CONSTRUCTION0.64%GLOBAL1.58%
    PERI0.64%INVESTMENTS1.56%
    INVESTMENTS0.60%PROPERTIES1.54%
    TRANSPORT0.60%ASSOCIATES1.53%
    SERVICE0.57%J1.51%
    BOND0.57%MEDIA1.50%
    CLEANING0.57%IT1.35%
    M0.47%DEVELOPMENTS1.23%
    NEW0.47%M1.23%
    PROPERTIES0.47%BUILDING1.21%
    ASSOCIATES0.44%ELECTRICAL1.20%
    G0.44%CAPITAL1.19%
    BUILDING0.44%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,218266,814
    62020 - Information technology consultancy activities11327,183
    99999 - Dormant Company10046,762
    82990 - Other business support service activities not elsewhere classified9655,342
    96090 - Other service activities not elsewhere classified8826,001
    70229 - Management consultancy activities other than financial management8536,164
    56101 - Licensed restaurants687,685
    68209 - Other letting and operating of own or leased real estate658,733
    62090 - Other information technology service activities4712,511
    49410 - Freight transport by road457,333
    86900 - Other human health activities409,543
    56103 - Take-away food shops and mobile food stands407,010
    41100 - Development of building projects389,485
    74990 - Non-trading company3314,223
    74909 - Other professional, scientific and technical activities not elsewhere classified3318,034
    47910 - Retail sale via mail order houses or via Internet308,879
    45112 - Sale of used cars and light motor vehicles293,044
    62012 - Business and domestic software development279,360
    85590 - Other education not elsewhere classified275,698
    86210 - General medical practice activities263,942

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08712878 CASTLE SHUTTERS LIMITED 01 Oct 2013
    08714493 N S ELECTRICAL CONTRACTORS & CONSTRUCTION LTD 02 Oct 2013
    08719250 BUTE TRADING LIMITED 04 Oct 2013
    08720917 CHARISSE BROWN LIMITED 07 Oct 2013
    08721030 NITHEESH PVT LIMITED 07 Oct 2013
    08722010 THOMAS COX & CO LIMITED 07 Oct 2013
    08722783 ANANT CAPITAL LIMITED 08 Oct 2013
    08727238 M N TESTING SOLUTIONS LIMITED 10 Oct 2013
    08736868 SWETHA SOLUTIONS LTD 17 Oct 2013
    08740095 ST NETWORKS LIMITED 21 Oct 2013
    08740611 THE KITCHEN BREWERY LTD 21 Oct 2013
    08742380 K T M (UK) LIMITED 22 Oct 2013
    08744650 RAZZI-2013 LIMITED 23 Oct 2013
    08747709 WEBJANI TECHNOLOGY LTD 24 Oct 2013
    08748941 NEIL MORRIS CONSULTANCY SERVICES LIMITED 25 Oct 2013
    08749862 FAZ NETWORKS LTD 28 Oct 2013
    08753563 DUNYA SAGLIK LIMITED 29 Oct 2013
    08715947 TELLLET LTD 02 Oct 2013
    08716725 THOMAS HEWITT LTD 03 Oct 2013
    08717155 OZ TEK LTD 03 Oct 2013
    08721502 AK IT TRAINING SOLUTIONS LIMITED 07 Oct 2013
    08726617 SARA&HANNAH LIMITED 10 Oct 2013
    08727669 CELACTIVE CELLULAR THERAPEUTICS (UK) LTD 10 Oct 2013
    08731397 TOM KELMAN INDEPENDENT CONSULTANT LTD 14 Oct 2013
    08732114 GOLDMAN MANAGEMENT CONSULTANCY LIMITED 15 Oct 2013