Luton, Bedfordshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Luton when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Luton when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Luton when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Luton when compared to any previous December.
- November 2014 saw a new record in company registrations in Luton when compared to any previous November.
- October 2014 saw a new record in company registrations in Luton when compared to any previous October.
- 2014 was a record year for company closures in Luton when compared to any year in history.
- The second half of 2014 saw a new record in company closures in Luton when compared to any previous second half year.
- December 2014 saw a new record in company closures in Luton when compared to any previous December.
- November 2014 saw a new record in net growth in Luton when compared to any previous November.
- October 2014 saw a new record in net growth in Luton when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Luton when compared to any year in history.
A total of 2,467 companies were formed in Luton in 2014. This total is 13.8% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Luton UK 2014 2,467 582,051 2013 2,167 529,363 2012 1,840 491,893 2011 1,536 452,870 2010 1,294 400,358 Record Year 2014 (2,467) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Luton when compared to any previous second half year.
In the second half of 2014 a total of 1,184 companies were formed in Luton. This figure is 7.8% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Luton occurred in 2014 when a total of 1,184 were formed.
Half Year (Jul-Dec) Luton UK 2014 1,184 281,320 2013 1,098 259,931 % change 7.8% 8.2% Record Year 2014 (1,184) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Luton when compared to any previous Q4.
A total of 607 companies were registered in Luton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 12.2% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Luton UK 2014 607 137,906 2013 541 127,247 % change 12.2% 8.4% Record Year 2014 (607) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Luton when compared to any previous December.
November 2014 saw a new record in company registrations in Luton when compared to any previous November.
October 2014 saw a new record in company registrations in Luton when compared to any previous October.
New Companies by Month
October November December New companies in 2014 224 218 165 New companies in 2013 218 202 121 % change 2.8% 7.9% 36.4% Record Year 2014 (224) 2014 (218) 2014 (165)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Luton when compared to any year in history.
A total of 1,462 companies were dissolved in Luton in 2014. This total is 18.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Luton UK 2014 1,462 367,937 2013 1,231 332,213 2012 947 293,729 2011 958 314,524 2010 945 342,233 Record Year 2014 (1,462) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Luton when compared to any previous second half year.
In the second half of 2014 a total of 738 companies were dissolved in Luton. This figure is 18.6% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Luton occurred in 2014 when a total of 738 were closed.
Half Year (Jul-Dec) Luton UK 2014 738 190,730 2013 622 177,021 % change 18.6% 7.7% Record Year 2014 (738) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 343 companies were dissolved in Luton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 9.2% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Luton UK 2014 343 89,060 2013 314 90,851 % change 9.2% -2.0% Record Year 2014 (343) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Luton when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 98 110 135 Closed companies in 2013 95 94 125 % change 3.2% 17.0% 8% Record Year 2012 (112) 1999 (153) 2014 (135)
Net Company Growth
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Annual Data (2014)
A total of 1,005 companies were added to the company register for Luton in 2014. This number represents growth of 40.7% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 69 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Luton company register grew by 1,005 companies.
Year Luton UK 2014 1,005 214,114 2013 936 197,150 2012 893 198,164 2011 578 138,346 2010 349 58,125 Record Year 2014 (1,005) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Luton increased by 446 companies.
Half Year (Jul-Dec) Luton UK 2014 446 90,590 2013 476 82,910 Record Year 1998 (501) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Luton during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 264 companies.
fourth quarter (Oct 2014 - Dec 2014) Luton UK 2014 264 48,846 2013 227 36,396 Record Year 2014 (264) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in net growth in Luton when compared to any previous November.
October 2014 saw a new record in net growth in Luton when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 126 108 30 Net growth in 2013 123 108 -4 Record Year 2014 (126) 2013 (108) 1998 (69)
UK Company Share
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Annual Data (2014)
In 2014 Luton formed 0.4% of all UK companies. This is no change on 2013 when Luton was responsible for 0.4% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Luton formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.
Half Year (Jul-Dec) Luton 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Luton formed 0.4% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Luton 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.3% Record Year (since 1960) 1997 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.4% 0.5% 0.4% UK formation share in 2013 0.4% 0.5% 0.4% % change -2.3% 2.5% 16.7% Record Year 1997 (0.7%) 1998 (0.6%) 1998 (0.7%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 40.4.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 39.9.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 39.6.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Luton was 1989 when 50.0% of all directors were female.
The percentage of female directors in Luton in 2014 was 24.8%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Luton was 2008 when 28.7% of all directors were female.
24.7% of all director appointments in Luton in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Luton was in 2011 when 25.1% of all directors were female.
24.4% of all director appointments in Luton in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.60% CONSULTING 5.22% CONSULTANCY 1.39% MANAGEMENT 4.58% MANAGEMENT 1.21% CONSULTANCY 3.57% LUTON 1.15% PROPERTY 2.66% CONSTRUCTION 1.12% CONSTRUCTION 2.12% CONSULTING 1.06% ENGINEERING 2.10% BUSINESS 0.99% CARE 2.02% TRANSPORT 0.84% TRADING 1.94% INVESTMENTS 0.72% LONDON 1.93% ENGINEERING 0.72% TRANSPORT 1.93% CONSULTANTS 0.72% DESIGN 1.66% GLOBAL 0.72% CONSULTANTS 1.64% HOTELS 0.69% ELECTRICAL 1.62% IT 0.69% PROPERTIES 1.62% SECURITY 0.69% BUSINESS 1.56% ABILITY 0.69% J 1.54% HEALTH 0.63% CO., 1.50% PROPERTY 0.60% GLOBAL 1.49% HEALTHCARE 0.57% INVESTMENTS 1.48% M 0.54% ASSOCIATES 1.47% ELECTRICAL 0.54% DEVELOPMENTS 1.35% HOLDINGS 0.51% MEDIA 1.33% ASSOCIATES 0.48% IT 1.31% CARS 0.48% BUILDING 1.29% LOGISTICS 0.48% M 1.22%
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 1,339 265,608 62020 - Information technology consultancy activities 139 30,178 99999 - Dormant Company 134 48,509 70229 - Management consultancy activities other than financial management 125 42,290 96090 - Other service activities not elsewhere classified 124 29,009 82990 - Other business support service activities not elsewhere classified 94 58,068 56101 - Licensed restaurants 78 8,782 68209 - Other letting and operating of own or leased real estate 76 11,212 86900 - Other human health activities 72 12,976 56103 - Take-away food shops and mobile food stands 62 8,318 49410 - Freight transport by road 61 10,842 62090 - Other information technology service activities 60 12,837 74909 - Other professional, scientific and technical activities not elsewhere classified 50 19,049 86101 - Hospital activities 48 4,366 88990 - Other social work activities without accommodation not elsewhere classified 44 4,756 85590 - Other education not elsewhere classified 43 6,206 47910 - Retail sale via mail order houses or via Internet 39 10,107 45112 - Sale of used cars and light motor vehicles 37 3,562 69201 - Accounting and auditing activities 35 7,528 41100 - Development of building projects 33 11,397
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09337359 UNGAGGED LTD 02 Dec 2014 09345222 RAFIKIZ LIMITED 08 Dec 2014 09348906 JMASH LIMITED 10 Dec 2014 09352812 KANSU TRADING LIMITED 12 Dec 2014 09354128 KOCH FILMS LIMITED 15 Dec 2014 09354311 BIBITEL MOBILE FINANCE LTD 15 Dec 2014 09359747 PGR DECORATORS LIMITED 18 Dec 2014 09360366 INJECTION DIAGNOSTICS LIMITED 18 Dec 2014 09367240 N2 GLOBAL PVT LIMITED 24 Dec 2014 09367985 PEARL MEDICAL AESTHETICS LTD 29 Dec 2014 09368685 MANDATE SERVICES LIMITED 29 Dec 2014 09333524 ABILITY HOTELS (IV) GROUP LIMITED 01 Dec 2014 09333622 ABILITY HOTELS (IV) FINANCE LIMITED 01 Dec 2014 09334412 ABILITY HOTELS (IV) UK LIMITED 01 Dec 2014 09338675 AYS IT LTD 03 Dec 2014 09356748 IN THE ZONE LIMITED 16 Dec 2014 09357938 ROST INTERNATIONAL TRADING LIMITED 17 Dec 2014 09359837 M DANI LIMITED 18 Dec 2014 09362761 BEUKES INTEGRATION & CONTROL LTD 19 Dec 2014 09366034 BLUE MOON CONSTRUCTION LIMITED 23 Dec 2014 09335091 RA UK LIMTED LTD 01 Dec 2014 09336291 SUTTON VEHICLE HIRE LTD 02 Dec 2014 09337846 MJP CAR SERVICES (UK) LTD 02 Dec 2014 09340573 FIRST RESPONSE SECURITY GUARDS LTD 04 Dec 2014 09341569 CRASIS COUTURE LTD 04 Dec 2014
reports
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