Luton, Bedfordshire
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in Luton when compared to any previous Q1.
- Q1 2014 was a record quarter for company registrations in Luton when compared to any quarter in history.
- March 2014 saw a new record in company registrations in Luton when compared to any previous March.
- February 2014 saw a new record in company registrations in Luton when compared to any previous February.
- January 2014 saw a new record in company registrations in Luton when compared to any previous January.
- February 2014 saw a new record in net growth in Luton when compared to any previous February.
- January 2014 saw a new record in net growth in Luton when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Luton when compared to any previous Q1.
Q1 2014 was a record quarter for company registrations in Luton when compared to any quarter in history.
A total of 585 companies were registered in Luton during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 17.0% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Luton UK 2014 585 150,722 2013 500 134,802 % change 17.0% 11.8% Record Year 2014 (585) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in company registrations in Luton when compared to any previous March.
February 2014 saw a new record in company registrations in Luton when compared to any previous February.
January 2014 saw a new record in company registrations in Luton when compared to any previous January.
New Companies by Month
January February March New companies in 2014 192 195 198 New companies in 2013 168 161 171 % change 14.3% 21.1% 15.8% Record Year 2014 (192) 2014 (195) 2014 (198)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 333 companies were dissolved in Luton during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 9.2% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Luton UK 2014 333 82,370 2013 305 77,914 % change 9.2% 5.7% Record Year 2014 (333) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 103 104 126 Closed companies in 2013 120 92 93 % change -14.2% 13.0% 35% Record Year 2011 (123) 2000 (147) 2000 (255)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Luton during the first quarter of 2014 (Jan 2014 - Mar 2014) was 252 companies.
first quarter (Jan 2014 - Mar 2014) Luton UK 2014 252 68,352 2013 195 56,888 Record Year 2012 (257) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in net growth in Luton when compared to any previous February.
January 2014 saw a new record in net growth in Luton when compared to any previous January.
Net Growth by Month
January February March Net growth in 2014 89 91 72 Net growth in 2013 48 69 78 Record Year 2014 (89) 2014 (91) 2007 (120)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Luton formed 0.4% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Luton 2014 0.4% 2013 0.4% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.4% 0.4% 0.4% UK formation share in 2013 0.4% 0.4% 0.4% % change 6.9% 11.8% -3.4% Record Year 1998 (0.6%) 1998 (0.6%) 1976 (0.8%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 41.4.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Luton was in 2008 when 28.5% of all directors were female.
25.3% of all director appointments in Luton in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.41% CONSULTING 5.22% CONSULTING 1.35% MANAGEMENT 4.67% LUTON 1.22% CONSULTANCY 3.49% CONSULTANCY 1.18% PROPERTY 2.64% CARE 1.18% TRADING 2.05% BUSINESS 1.18% LONDON 1.88% IT 0.92% ENGINEERING 1.86% INVESTMENTS 0.89% CARE 1.79% GLOBAL 0.86% CONSTRUCTION 1.75% CONSTRUCTION 0.86% DESIGN 1.75% CONSULTANTS 0.86% CONSULTANTS 1.73% SECURITY 0.63% BUSINESS 1.71% TRADING 0.63% PROPERTIES 1.60% CLEANING 0.59% INVESTMENTS 1.60% ENTERPRISE 0.56% GLOBAL 1.58% TRAINING 0.56% J 1.48% PROPERTY 0.53% ASSOCIATES 1.48% BOND 0.49% MEDIA 1.48% HEALTHCARE 0.49% IT 1.33% TRANSPORT 0.49% TRANSPORT 1.30% PERI 0.49% DEVELOPMENTS 1.29% PROPERTIES 0.46% BUILDING 1.24% TRADERS 0.46% M 1.21% CENTRE 0.43% CAPITAL 1.20% SERVICE 0.43% ELECTRICAL 1.19%
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 1,270 280,210 62020 - Information technology consultancy activities 115 27,750 99999 - Dormant Company 113 47,084 96090 - Other service activities not elsewhere classified 97 26,700 82990 - Other business support service activities not elsewhere classified 96 56,411 70229 - Management consultancy activities other than financial management 95 37,882 56101 - Licensed restaurants 66 7,965 68209 - Other letting and operating of own or leased real estate 66 9,284 49410 - Freight transport by road 54 8,014 62090 - Other information technology service activities 51 12,813 56103 - Take-away food shops and mobile food stands 46 7,300 86900 - Other human health activities 45 10,273 85590 - Other education not elsewhere classified 38 5,876 41100 - Development of building projects 36 9,855 74909 - Other professional, scientific and technical activities not elsewhere classified 36 18,491 74990 - Non-trading company 35 14,135 45112 - Sale of used cars and light motor vehicles 32 3,177 47910 - Retail sale via mail order houses or via Internet 30 9,358 69201 - Accounting and auditing activities 27 7,313 62012 - Business and domestic software development 27 9,509
Recent Companies
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Randomly selected companies from this quarter
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