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

  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. 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)LutonUK
    2014585150,722
    2013500134,802
    % change17.0%11.8%
    Record Year 2014 (585) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2014192195198
    New companies in 2013168161171
    % change14.3%21.1%15.8%
    Record Year2014 (192)2014 (195)2014 (198)

Closed Companies (dissolved)

  1. 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)LutonUK
    201433382,370
    201330577,914
    % change9.2%5.7%
    Record Year 2014 (333) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014103104126
    Closed companies in 20131209293
    % change-14.2%13.0%35%
    Record Year2011 (123)2000 (147)2000 (255)

Net Company Growth

  1. 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)LutonUK
    201425268,352
    201319556,888
    Record Year 2012 (257) 2007 (111,282)
    Net Growth by Quarter
  2. 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
    JanuaryFebruaryMarch
    Net growth in 2014899172
    Net growth in 2013486978
    Record Year2014 (89)2014 (91)2007 (120)

UK Company Share

  1. 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
    20140.4%
    20130.4%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change6.9%11.8%-3.4%
    Record Year1998 (0.6%)1998 (0.6%)1976 (0.8%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.41%CONSULTING5.22%
    CONSULTING1.35%MANAGEMENT4.67%
    LUTON1.22%CONSULTANCY3.49%
    CONSULTANCY1.18%PROPERTY2.64%
    CARE1.18%TRADING2.05%
    BUSINESS1.18%LONDON1.88%
    IT0.92%ENGINEERING1.86%
    INVESTMENTS0.89%CARE1.79%
    GLOBAL0.86%CONSTRUCTION1.75%
    CONSTRUCTION0.86%DESIGN1.75%
    CONSULTANTS0.86%CONSULTANTS1.73%
    SECURITY0.63%BUSINESS1.71%
    TRADING0.63%PROPERTIES1.60%
    CLEANING0.59%INVESTMENTS1.60%
    ENTERPRISE0.56%GLOBAL1.58%
    TRAINING0.56%J1.48%
    PROPERTY0.53%ASSOCIATES1.48%
    BOND0.49%MEDIA1.48%
    HEALTHCARE0.49%IT1.33%
    TRANSPORT0.49%TRANSPORT1.30%
    PERI0.49%DEVELOPMENTS1.29%
    PROPERTIES0.46%BUILDING1.24%
    TRADERS0.46%M1.21%
    CENTRE0.43%CAPITAL1.20%
    SERVICE0.43%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,270280,210
    62020 - Information technology consultancy activities11527,750
    99999 - Dormant Company11347,084
    96090 - Other service activities not elsewhere classified9726,700
    82990 - Other business support service activities not elsewhere classified9656,411
    70229 - Management consultancy activities other than financial management9537,882
    56101 - Licensed restaurants667,965
    68209 - Other letting and operating of own or leased real estate669,284
    49410 - Freight transport by road548,014
    62090 - Other information technology service activities5112,813
    56103 - Take-away food shops and mobile food stands467,300
    86900 - Other human health activities4510,273
    85590 - Other education not elsewhere classified385,876
    41100 - Development of building projects369,855
    74909 - Other professional, scientific and technical activities not elsewhere classified3618,491
    74990 - Non-trading company3514,135
    45112 - Sale of used cars and light motor vehicles323,177
    47910 - Retail sale via mail order houses or via Internet309,358
    69201 - Accounting and auditing activities277,313
    62012 - Business and domestic software development279,509

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08872813 HEARTBEAT SOLUTIONS LTD 03 Feb 2014
    08877104 TABREZ PROPERTIES LIMITED 05 Feb 2014
    08878054 REKINDLING HOUSING 05 Feb 2014
    08882356 INNOAIR CONSULTING LTD 07 Feb 2014
    08882812 TEHZEEB FASHION LIMITED 07 Feb 2014
    08888431 BRITASIAN NEWS LTD 12 Feb 2014
    08895193 BAINBRIDGE CORPORATION LTD 14 Feb 2014
    08896239 THE GROVE 1966 LIMITED 14 Feb 2014
    08897025 GRAPHO-METRICS LIMITED 17 Feb 2014
    08897149 INOQUEST LABS LIMITED 17 Feb 2014
    08901426 PC DRIVESTYLE LTD 19 Feb 2014
    08901493 LC DRIVEWAYS SOLUTIONS LTD 19 Feb 2014
    08902124 TEACHER & TUTOR LIMITED 19 Feb 2014
    08902133 GRADEXPLORER LIMITED 19 Feb 2014
    08905036 MILLEVE LIMITED 20 Feb 2014
    08905621 FIVE STAR DEMOLITION LIMITED 21 Feb 2014
    08908399 SAJID RAQUEL TARCO LTD 24 Feb 2014
    08909244 ELECTRA FIT (PROPERTY MANAGEMENT) LTD 24 Feb 2014
    08915173 IMPERIAL LINKED SERVICES LTD 27 Feb 2014
    08874703 D & L DRYLINING LTD 04 Feb 2014
    08877044 TRANSPIRE IT LTD 05 Feb 2014
    08877726 BIG FISH WORLD LIMITED 05 Feb 2014
    08884077 ZARAH ONLINE LIMITED 10 Feb 2014
    08902143 BEAUTY PLAZA LTD 19 Feb 2014
    08907496 CUMBERLAND PROPERTY DEVELOPMENTS LTD 24 Feb 2014