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
New Company Registrations
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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) Luton UK 2014 1,283 300,731 2013 1,069 269,432 % change 20.0% 11.6% Record Year 2014 (1,283) 2014 (300,731) New Companies by Half Year
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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) Luton UK 2014 698 150,009 2013 569 134,630 % change 22.7% 11.4% Record Year 2014 (698) 2014 (150,009) New Companies by Quarter
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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
April May June New companies in 2014 245 240 213 New companies in 2013 232 160 177 % change 5.6% 50.0% 20.3% Record Year 2014 (245) 2014 (240) 2014 (213)
Closed Companies (dissolved)
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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) Luton UK 2014 724 177,207 2013 609 155,192 % change 18.9% 14.2% Record Year 2009 (796) 2009 (289,245) Dissolved Companies by Half Year
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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) Luton UK 2014 391 94,837 2013 304 77,278 % change 28.6% 22.7% Record Year 2009 (495) 2009 (181,179) Dissolved Companies by Quarter
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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
April May June Closed companies in 2014 84 160 147 Closed companies in 2013 99 100 105 % change -15.2% 60.0% 40% Record Year 2009 (158) 2009 (217) 2014 (147)
Net Company Growth
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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) Luton UK 2014 559 123,524 2013 460 114,240 Record Year 2014 (559) 2007 (171,296) Net Growth by Half Year
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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) Luton UK 2014 307 55,172 2013 265 57,352 Record Year 2014 (307) 2007 (60,014) Net Growth by Quarter
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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
April May June Net growth in 2014 161 80 66 Net growth in 2013 133 60 72 Record Year 2014 (161) 1998 (82) 2008 (117)
UK Company Share
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.3% 2010 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Half Year
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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 2014 0.5% 2013 0.4% 2012 0.4% 2011 0.3% 2010 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.5% 0.5% 0.4% UK formation share in 2013 0.5% 0.4% 0.4% % change -4.7% 38.4% 4.3% Record Year 1998 (0.7%) 1998 (0.6%) 1998 (0.7%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.57% CONSULTING 5.16% BUSINESS 1.51% MANAGEMENT 4.64% MANAGEMENT 1.32% CONSULTANCY 3.50% CONSULTING 1.29% PROPERTY 2.66% CARE 1.23% TRADING 2.03% LUTON 1.04% ENGINEERING 1.99% CONSULTANTS 0.91% CONSTRUCTION 1.93% CONSTRUCTION 0.88% LONDON 1.93% GLOBAL 0.85% CARE 1.85% IT 0.85% DESIGN 1.75% INVESTMENTS 0.72% CONSULTANTS 1.73% ENTERPRISE 0.63% BUSINESS 1.69% SECURITY 0.60% PROPERTIES 1.63% TRANSPORT 0.57% TRANSPORT 1.58% M 0.54% GLOBAL 1.55% PROPERTY 0.50% INVESTMENTS 1.55% TRADING 0.50% J 1.51% TRAINING 0.50% ASSOCIATES 1.48% ENGINEERING 0.47% MEDIA 1.44% ASSOCIATES 0.47% ELECTRICAL 1.40% MEDIA 0.44% IT 1.33% HEALTHCARE 0.44% DEVELOPMENTS 1.33% PROPERTIES 0.41% BUILDING 1.26% MARKETING 0.41% M 1.24% CLEANING 0.41% CO., 1.20%
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 1,215 261,557 62020 - Information technology consultancy activities 127 29,029 99999 - Dormant Company 126 48,436 96090 - Other service activities not elsewhere classified 112 28,352 70229 - Management consultancy activities other than financial management 102 40,250 82990 - Other business support service activities not elsewhere classified 94 57,421 68209 - Other letting and operating of own or leased real estate 75 10,133 56101 - Licensed restaurants 75 8,585 49410 - Freight transport by road 62 9,265 56103 - Take-away food shops and mobile food stands 58 7,840 62090 - Other information technology service activities 58 13,024 86900 - Other human health activities 57 11,292 74909 - Other professional, scientific and technical activities not elsewhere classified 42 19,058 85590 - Other education not elsewhere classified 41 6,043 41100 - Development of building projects 38 10,527 45112 - Sale of used cars and light motor vehicles 37 3,392 69201 - Accounting and auditing activities 34 7,415 74990 - Non-trading company 33 14,351 86101 - Hospital activities 32 3,357 47910 - Retail sale via mail order houses or via Internet 32 9,900
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09019933 ATLANTIS TRAVEL LTD 01 May 2014 09023242 B GEE SOLUTIONS LIMITED 02 May 2014 09025235 STATEMEANT LIMITED 06 May 2014 09027919 MACHO'S PERI PERI LIMITED 07 May 2014 09028139 MAJENDIEDS LTD 07 May 2014 09029424 ERIC ELECTRONICS LTD 08 May 2014 09029639 CHESTERFIELD CONSULTING LIMITED 08 May 2014 09032259 COMPACT BUSINESS CONSULTANTS LIMITED 09 May 2014 09033677 MARK BOWLES LIMITED 12 May 2014 09036561 HM MINIMART LTD 13 May 2014 09038559 ADONNA LTD 14 May 2014 09039470 HASAB EDUCATION UK LTD 14 May 2014 09041376 MIRAJ INDIAN CUISINE LIMITED 15 May 2014 09042263 MUTARE CONSULTING LIMITED 15 May 2014 09044963 CELICA TRANS LIMITED 16 May 2014 09045455 JIMANN IV LIMITED 19 May 2014 09046023 TRENDZ HAIR DESIGN LIMITED 19 May 2014 09050603 HYDRO-LINING LIMITED 21 May 2014 09056505 HORTON CHOICE LIMITED 27 May 2014 09057590 TECH-DIRECT LIMITED 27 May 2014 09058465 OLIWIA TRANSPORT LTD 27 May 2014 09062732 SPICE VENUE LTD 29 May 2014 09063170 BEDS DESIGN SERVICES LIMITED 30 May 2014 09028567 UCHER ANNA 0582 LIMITED 07 May 2014 09029565 GEMBONICS LTD 08 May 2014
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