Luton, Bedfordshire
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Luton when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Luton when compared to any previous September.
- July 2014 saw a new record in company registrations in Luton when compared to any previous July.
- July 2014 saw a new record in company closures in Luton when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Luton when compared to any previous Q3.
A total of 577 companies were registered in Luton during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 3.6% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Luton UK 2014 577 143,414 2013 557 132,684 % change 3.6% 8.1% Record Year 2014 (577) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Luton when compared to any previous September.
July 2014 saw a new record in company registrations in Luton when compared to any previous July.
New Companies by Month
July August September New companies in 2014 195 163 219 New companies in 2013 187 181 189 % change 4.3% -9.9% 15.9% Record Year 2014 (195) 2013 (181) 2014 (219)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 395 companies were dissolved in Luton during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 28.2% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Luton UK 2014 395 101,670 2013 308 86,170 % change 28.2% 18.0% Record Year 2014 (395) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Luton when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 151 116 128 Closed companies in 2013 112 82 114 % change 34.8% 41.5% 12% Record Year 2014 (151) 2008 (150) 2009 (182)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Luton during the third quarter of 2014 (Jul 2014 - Sep 2014) was 182 companies.
third quarter (Jul 2014 - Sep 2014) Luton UK 2014 182 41,744 2013 249 46,514 Record Year 2013 (249) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 44 47 91 Net growth in 2013 75 99 75 Record Year 1998 (93) 2013 (99) 2012 (127)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Luton formed 0.4% of all UK companies.
third quarter (Jul 2014 - Sep 2014) 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 Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.4% 0.4% 0.4% UK formation share in 2013 0.4% 0.4% 0.4% % change -5.3% -14.2% 6.3% Record Year 1998 (0.6%) 1997 (0.7%) 1998 (0.7%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 40.3.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Luton was in 2008 when 34.7% of all directors were female.
25.0% of all director appointments in Luton in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.54% CONSULTING 5.17% MANAGEMENT 1.51% MANAGEMENT 4.63% CARE 1.48% CONSULTANCY 3.55% BUSINESS 1.35% PROPERTY 2.62% CONSULTING 1.20% ENGINEERING 2.07% CONSTRUCTION 1.11% CONSTRUCTION 2.05% LUTON 1.08% TRADING 2.00% INVESTMENTS 0.80% LONDON 1.95% IT 0.80% CARE 1.94% CONSULTANTS 0.77% TRANSPORT 1.76% ENGINEERING 0.68% DESIGN 1.70% SECURITY 0.68% CONSULTANTS 1.70% TRANSPORT 0.68% PROPERTIES 1.63% PROPERTY 0.65% BUSINESS 1.62% GLOBAL 0.62% J 1.53% ASSOCIATES 0.52% ELECTRICAL 1.53% HEALTHCARE 0.52% GLOBAL 1.51% HEALTH 0.49% INVESTMENTS 1.50% M 0.49% ASSOCIATES 1.48% ENTERPRISE 0.46% MEDIA 1.38% TRADING 0.46% CO., 1.36% CARS 0.43% DEVELOPMENTS 1.35% BUILDING 0.43% BUILDING 1.30% PROPERTIES 0.40% IT 1.30% ELECTRICAL 0.40% M 1.23%
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 1,364 278,481 62020 - Information technology consultancy activities 130 29,313 99999 - Dormant Company 121 48,286 96090 - Other service activities not elsewhere classified 115 28,224 70229 - Management consultancy activities other than financial management 106 40,717 82990 - Other business support service activities not elsewhere classified 96 57,264 56101 - Licensed restaurants 78 8,546 68209 - Other letting and operating of own or leased real estate 73 10,361 62090 - Other information technology service activities 60 12,795 49410 - Freight transport by road 60 9,960 86900 - Other human health activities 58 11,807 56103 - Take-away food shops and mobile food stands 58 7,917 74909 - Other professional, scientific and technical activities not elsewhere classified 49 18,890 85590 - Other education not elsewhere classified 45 6,045 86101 - Hospital activities 41 3,680 45112 - Sale of used cars and light motor vehicles 37 3,397 88990 - Other social work activities without accommodation not elsewhere classified 36 4,382 41100 - Development of building projects 36 10,604 47910 - Retail sale via mail order houses or via Internet 35 9,914 69201 - Accounting and auditing activities 34 7,401
Recent Companies
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Randomly selected companies from this quarter
reports
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