Luton, Bedfordshire

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Luton when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Luton when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Luton when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Luton when compared to any quarter in history.
  • June 2014 saw a new record in company registrations in Luton when compared to any previous June.
  • May 2014 saw a new record in company registrations in Luton when compared to any previous May.
  • April 2014 saw a new record in company registrations in Luton when compared to any previous April.
  • April 2014 was a record month for company registrations in Luton when compared to any month in history.
  • June 2014 saw a new record in company closures in Luton when compared to any previous June.
  • The first half of 2014 saw a new record in net growth in Luton when compared to any previous first half year.
  • The first half of 2014 was a record first half year for net growth in Luton when compared to any half year in history.
  • April 2014 saw a new record in net growth in Luton when compared to any previous April.
  • April 2014 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 2014)

    The first half of 2014 saw a new record in company registrations in Luton when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Luton when compared to any half year in history.

    In the first half of 2014 a total of 1,283 companies were formed in Luton. This figure is 20.0% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Luton occurred in 2014 when a total of 1,283 were formed.

    Half Year (Jan-Jun)LutonUK
    20141,283300,731
    20131,069269,432
    % change20.0%11.6%
    Record Year2014 (1,283)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Luton when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Luton when compared to any quarter in history.

    A total of 698 companies were registered in Luton during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 22.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)LutonUK
    2014698150,009
    2013569134,630
    % change22.7%11.4%
    Record Year 2014 (698) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in Luton when compared to any previous June.

    May 2014 saw a new record in company registrations in Luton when compared to any previous May.

    April 2014 saw a new record in company registrations in Luton when compared to any previous April.

    April 2014 was a record month for company registrations in Luton when compared to any month in history.

    New Companies by Month
    AprilMayJune
    New companies in 2014245240213
    New companies in 2013232160177
    % change5.6%50.0%20.3%
    Record Year2014 (245)2014 (240)2014 (213)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 724 companies were dissolved in Luton. This figure is 18.9% higher than last year, which compares badly to the UK wide change of 14.2%.

    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
    2014724177,207
    2013609155,192
    % change18.9%14.2%
    Record Year2009 (796)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 391 companies were dissolved in Luton during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 28.6% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)LutonUK
    201439194,837
    201330477,278
    % change28.6%22.7%
    Record Year 2009 (495) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company closures in Luton when compared to any previous June.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201484160147
    Closed companies in 201399100105
    % change-15.2%60.0%40%
    Record Year2009 (158)2009 (217)2014 (147)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in net growth in Luton when compared to any previous first half year.

    The first half of 2014 was a record first half year for net growth in Luton when compared to any half year in history.

    In the first half of 2014 the company register for Luton increased by 559 companies.

    Half Year (Jan-Jun)LutonUK
    2014559123,524
    2013460114,240
    Record Year2014 (559)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Luton during the second quarter of 2014 (Apr 2014 - Jun 2014) was 307 companies.

    second quarter (Apr 2014 - Jun 2014)LutonUK
    201430755,172
    201326557,352
    Record Year 2014 (307) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Luton when compared to any previous April.

    April 2014 was a record month for net growth in Luton when compared to any month in history.

    Net Growth by Month
    AprilMayJune
    Net growth in 20141618066
    Net growth in 20131336072
    Record Year2014 (161)1998 (82)2008 (117)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Luton formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.

    Half Year (Jan-Jun)Luton
    20140.4%
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Luton formed 0.5% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Luton
    20140.5%
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.5%0.5%0.4%
    UK formation share in 20130.5%0.4%0.4%
    % change-4.7%38.4%4.3%
    Record Year1998 (0.7%)1998 (0.6%)1998 (0.7%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 40.8.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 40.3.

    The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

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

    24.9% of all director appointments in Luton in the first half of 2014 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 2014)

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

    24.5% of all director appointments in Luton in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.57%CONSULTING5.16%
    BUSINESS1.51%MANAGEMENT4.64%
    MANAGEMENT1.32%CONSULTANCY3.50%
    CONSULTING1.29%PROPERTY2.66%
    CARE1.23%TRADING2.03%
    LUTON1.04%ENGINEERING1.99%
    CONSULTANTS0.91%CONSTRUCTION1.93%
    CONSTRUCTION0.88%LONDON1.93%
    GLOBAL0.85%CARE1.85%
    IT0.85%DESIGN1.75%
    INVESTMENTS0.72%CONSULTANTS1.73%
    ENTERPRISE0.63%BUSINESS1.69%
    SECURITY0.60%PROPERTIES1.63%
    TRANSPORT0.57%TRANSPORT1.58%
    M0.54%GLOBAL1.55%
    PROPERTY0.50%INVESTMENTS1.55%
    TRADING0.50%J1.51%
    TRAINING0.50%ASSOCIATES1.48%
    ENGINEERING0.47%MEDIA1.44%
    ASSOCIATES0.47%ELECTRICAL1.40%
    MEDIA0.44%IT1.33%
    HEALTHCARE0.44%DEVELOPMENTS1.33%
    PROPERTIES0.41%BUILDING1.26%
    MARKETING0.41%M1.24%
    CLEANING0.41%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,215261,557
    62020 - Information technology consultancy activities12729,029
    99999 - Dormant Company12648,436
    96090 - Other service activities not elsewhere classified11228,352
    70229 - Management consultancy activities other than financial management10240,250
    82990 - Other business support service activities not elsewhere classified9457,421
    68209 - Other letting and operating of own or leased real estate7510,133
    56101 - Licensed restaurants758,585
    49410 - Freight transport by road629,265
    56103 - Take-away food shops and mobile food stands587,840
    62090 - Other information technology service activities5813,024
    86900 - Other human health activities5711,292
    74909 - Other professional, scientific and technical activities not elsewhere classified4219,058
    85590 - Other education not elsewhere classified416,043
    41100 - Development of building projects3810,527
    45112 - Sale of used cars and light motor vehicles373,392
    69201 - Accounting and auditing activities347,415
    74990 - Non-trading company3314,351
    86101 - Hospital activities323,357
    47910 - Retail sale via mail order houses or via Internet329,900

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09019933 ATLANTIS TRAVEL LTD 01 May 2014
    09023242 B GEE SOLUTIONS LIMITED 02 May 2014
    09025886 LONDON STUDENT SERVICES LIMITED 06 May 2014
    09026788 KUANTA LTD 07 May 2014
    09027047 OCTACORE LIMITED 07 May 2014
    09027919 MACHO'S PERI PERI LIMITED 07 May 2014
    09028048 PELICAN AIRCRAFT MECHANIC LTD 07 May 2014
    09030227 BUCKWOOD ENGINEERING LIMITED 08 May 2014
    09030643 KHYBER HOUSE LIMITED 08 May 2014
    09031306 HA TRAN ENTERPRISE LIMITED 09 May 2014
    09032259 COMPACT BUSINESS CONSULTANTS LIMITED 09 May 2014
    09036387 MS TRADING PRIVATE LIMITED 13 May 2014
    09037238 A&F RESIDENTIAL PROPERTY SERVICES LTD 13 May 2014
    09039470 HASAB EDUCATION UK LTD 14 May 2014
    09041175 SDL (SUNDON) LIMITED 15 May 2014
    09044814 L B G (UK) LIMITED 16 May 2014
    09045649 THE INDIE LABEL LTD 19 May 2014
    09046928 PURITY WINES LTD 19 May 2014
    09048046 PAPA-DEES SUPPLIES LIMITED 20 May 2014
    09050603 HYDRO-LINING LIMITED 21 May 2014
    09060387 CANO CONSTRUCTIONS LIMITED 28 May 2014
    09061181 A K PLASTERING (UK) LIMITED 29 May 2014
    09021595 NIN TRANSLATE LIMITED 01 May 2014
    09028567 UCHER ANNA 0582 LIMITED 07 May 2014
    09030442 LIBERTY & JUSTICE CONSULTANCY LTD 08 May 2014