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

  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 (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)LutonUK
    2014577143,414
    2013557132,684
    % change3.6%8.1%
    Record Year 2014 (577) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2014195163219
    New companies in 2013187181189
    % change4.3%-9.9%15.9%
    Record Year2014 (195)2013 (181)2014 (219)

Closed Companies (dissolved)

  1. 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)LutonUK
    2014395101,670
    201330886,170
    % change28.2%18.0%
    Record Year 2014 (395) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2014151116128
    Closed companies in 201311282114
    % change34.8%41.5%12%
    Record Year2014 (151)2008 (150)2009 (182)

Net Company Growth

  1. 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)LutonUK
    201418241,744
    201324946,514
    Record Year 2013 (249) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014444791
    Net growth in 2013759975
    Record Year1998 (93)2013 (99)2012 (127)

UK Company Share

  1. 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
    20140.4%
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change-5.3%-14.2%6.3%
    Record Year1998 (0.6%)1997 (0.7%)1998 (0.7%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.54%CONSULTING5.17%
    MANAGEMENT1.51%MANAGEMENT4.63%
    CARE1.48%CONSULTANCY3.55%
    BUSINESS1.35%PROPERTY2.62%
    CONSULTING1.20%ENGINEERING2.07%
    CONSTRUCTION1.11%CONSTRUCTION2.05%
    LUTON1.08%TRADING2.00%
    INVESTMENTS0.80%LONDON1.95%
    IT0.80%CARE1.94%
    CONSULTANTS0.77%TRANSPORT1.76%
    ENGINEERING0.68%DESIGN1.70%
    SECURITY0.68%CONSULTANTS1.70%
    TRANSPORT0.68%PROPERTIES1.63%
    PROPERTY0.65%BUSINESS1.62%
    GLOBAL0.62%J1.53%
    ASSOCIATES0.52%ELECTRICAL1.53%
    HEALTHCARE0.52%GLOBAL1.51%
    HEALTH0.49%INVESTMENTS1.50%
    M0.49%ASSOCIATES1.48%
    ENTERPRISE0.46%MEDIA1.38%
    TRADING0.46%CO.,1.36%
    CARS0.43%DEVELOPMENTS1.35%
    BUILDING0.43%BUILDING1.30%
    PROPERTIES0.40%IT1.30%
    ELECTRICAL0.40%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,364278,481
    62020 - Information technology consultancy activities13029,313
    99999 - Dormant Company12148,286
    96090 - Other service activities not elsewhere classified11528,224
    70229 - Management consultancy activities other than financial management10640,717
    82990 - Other business support service activities not elsewhere classified9657,264
    56101 - Licensed restaurants788,546
    68209 - Other letting and operating of own or leased real estate7310,361
    62090 - Other information technology service activities6012,795
    49410 - Freight transport by road609,960
    86900 - Other human health activities5811,807
    56103 - Take-away food shops and mobile food stands587,917
    74909 - Other professional, scientific and technical activities not elsewhere classified4918,890
    85590 - Other education not elsewhere classified456,045
    86101 - Hospital activities413,680
    45112 - Sale of used cars and light motor vehicles373,397
    88990 - Other social work activities without accommodation not elsewhere classified364,382
    41100 - Development of building projects3610,604
    47910 - Retail sale via mail order houses or via Internet359,914
    69201 - Accounting and auditing activities347,401

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09112004 BRIGHT FUTURE TUITION LIMITED 02 Jul 2014
    09112139 SPS FRESH PRODUCTS LTD 02 Jul 2014
    09118361 TEZZ CONSULTANTS LIMITED 07 Jul 2014
    09119684 PARTNERSHIPS FOR CHANGE CONSULTANCY LIMITED 07 Jul 2014
    09122343 YTEEC LTD 08 Jul 2014
    09122559 MECHTAL LTD 09 Jul 2014
    09128353 R A RESTAURANT LIMITED 14 Jul 2014
    09132302 OWOIGI LIMITED 15 Jul 2014
    09135201 BAKER STREET 1973 LIMITED 17 Jul 2014
    09136880 ASIA TOUCH LIMITED 18 Jul 2014
    09140322 J'S DINER LTD 21 Jul 2014
    09144299 JAMUNA HOSPITALITY LIMITED 23 Jul 2014
    09147240 JAMUNA NODI LTD 25 Jul 2014
    09147446 GAMOTI ENTERPRISE LTD 25 Jul 2014
    09148722 OSTRICH GRIPS LIMITED 28 Jul 2014
    09110317 NEIL CONSTRUCTION LIMITED 01 Jul 2014
    09112261 ARISE AND SHINE CARE LIMITED 02 Jul 2014
    09116300 K & M CONSULTANCY LTD 04 Jul 2014
    09117951 S.O.S. ELECTRICAL LUTON LIMITED 07 Jul 2014
    09122341 ABILITY HOTELS (EDINBURGH) LIMITED 08 Jul 2014
    09137497 HIGH FAVOUR ENGINEERING LIMITED 18 Jul 2014
    09141708 AIRPORTS INTERSECTION CARS LTD 22 Jul 2014
    09142074 HANDFULLEVAL LTD 22 Jul 2014
    09143497 SHOW ME HOW.TIPS LIMITED 23 Jul 2014
    09146778 DMW SURVEYING SERVICES LIMITED 24 Jul 2014