Luton, Bedfordshire

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Luton when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Luton when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Luton when compared to any previous March.
  • March 2015 was a record month for company registrations in Luton when compared to any month in history.
  • February 2015 saw a new record in company registrations in Luton when compared to any previous February.
  • January 2015 saw a new record in company registrations in Luton when compared to any previous January.
  • February 2015 saw a new record in company closures in Luton when compared to any previous February.
  • March 2015 saw a new record in net growth in Luton when compared to any previous March.
  • January 2015 saw a new record in net growth in Luton when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Luton when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Luton when compared to any quarter in history.

    A total of 727 companies were registered in Luton during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 24.3% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)LutonUK
    2015727161,156
    2014585150,722
    % change24.3%6.9%
    Record Year 2015 (727) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Luton when compared to any previous March.

    March 2015 was a record month for company registrations in Luton when compared to any month in history.

    February 2015 saw a new record in company registrations in Luton when compared to any previous February.

    January 2015 saw a new record in company registrations in Luton when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015221231275
    New companies in 2014192195198
    % change15.1%18.5%38.9%
    Record Year2015 (221)2015 (231)2015 (275)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 394 companies were dissolved in Luton during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 18.3% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)LutonUK
    201539489,523
    201433382,370
    % change18.3%8.7%
    Record Year 2015 (394) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Luton when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201586160148
    Closed companies in 2014103104126
    % change-16.5%53.8%17%
    Record Year2011 (123)2015 (160)2000 (255)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Luton during the first quarter of 2015 (Jan 2015 - Mar 2015) was 333 companies.

    first quarter (Jan 2015 - Mar 2015)LutonUK
    201533371,633
    201425268,352
    Record Year 2015 (333) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in net growth in Luton when compared to any previous March.

    January 2015 saw a new record in net growth in Luton when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201513571127
    Net growth in 2014899172
    Record Year2015 (135)2014 (91)2015 (127)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Luton formed 0.5% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Luton
    20150.5%
    20140.4%
    20130.4%
    20120.3%
    20110.3%
    Record Year (since 1960) 1998 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.5%0.4%0.5%
    UK formation share in 20140.4%0.4%0.4%
    % change12.9%9.1%26.6%
    Record Year1998 (0.6%)1998 (0.6%)1976 (0.8%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 40.4.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Luton was in 2008 when 28.5% of all directors were female.

    23.9% of all director appointments in Luton in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CARE1.67%CONSULTING5.23%
    CONSULTANCY1.27%MANAGEMENT4.56%
    CONSTRUCTION1.18%CONSULTANCY3.62%
    LUTON1.15%PROPERTY2.72%
    CONSULTING1.06%CONSTRUCTION2.19%
    MANAGEMENT1.04%CARE2.13%
    TRANSPORT0.89%ENGINEERING2.12%
    BUSINESS0.83%LONDON1.91%
    M0.81%TRADING1.88%
    HEALTHCARE0.75%TRANSPORT1.82%
    ABILITY0.75%ELECTRICAL1.76%
    INVESTMENTS0.69%DESIGN1.65%
    ENGINEERING0.66%PROPERTIES1.63%
    HOTELS0.66%CO.,1.58%
    HEALTH0.63%J1.55%
    CONSULTANTS0.63%CONSULTANTS1.54%
    GLOBAL0.63%BUSINESS1.49%
    CARS0.60%INVESTMENTS1.49%
    IT0.60%GLOBAL1.46%
    PROPERTY0.58%ASSOCIATES1.44%
    SECURITY0.55%DEVELOPMENTS1.36%
    BUILDING0.52%BUILDING1.31%
    ASSOCIATES0.49%IT1.30%
    ELECTRICAL0.49%MEDIA1.28%
    ENTERPRISE0.49%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,459288,953
    62020 - Information technology consultancy activities14430,825
    70229 - Management consultancy activities other than financial management13643,081
    99999 - Dormant Company13449,474
    96090 - Other service activities not elsewhere classified12829,218
    82990 - Other business support service activities not elsewhere classified9558,522
    56101 - Licensed restaurants818,909
    86900 - Other human health activities7713,990
    68209 - Other letting and operating of own or leased real estate7311,600
    56103 - Take-away food shops and mobile food stands648,607
    62090 - Other information technology service activities6212,862
    49410 - Freight transport by road6212,485
    86101 - Hospital activities625,043
    74909 - Other professional, scientific and technical activities not elsewhere classified4919,098
    88990 - Other social work activities without accommodation not elsewhere classified495,014
    85590 - Other education not elsewhere classified476,238
    41100 - Development of building projects3911,863
    47910 - Retail sale via mail order houses or via Internet3810,200
    86210 - General medical practice activities374,793
    69201 - Accounting and auditing activities367,682

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09465908 CLEOTRANS LIMITED 02 Mar 2015
    09466620 BEDFORD ARMS SOULDROP LTD 03 Mar 2015
    09467847 S&D BUILDING SERVICES LIMITED 03 Mar 2015
    09474032 MIKELE IONICA LTD 05 Mar 2015
    09474535 GILBERT & SONS TRADING LTD 06 Mar 2015
    09485013 UNITED WINE BRANDS LIMITED 12 Mar 2015
    09489336 SPEEDY MZ LTD 13 Mar 2015
    09493196 M.W.D SERVICES LIMITED 17 Mar 2015
    09497999 ST JAMES IT SERVICES AND RESOURCING LTD 19 Mar 2015
    09498900 MCALPINE CONTRACTORS LTD 19 Mar 2015
    09502209 JUS CLEAR LTD 20 Mar 2015
    09503057 HATTERS PROPERTY SERVICES LTD 23 Mar 2015
    09503131 MERGE FOSTERING SERVICE LTD 23 Mar 2015
    09504862 SHAAH LTD 23 Mar 2015
    09504985 WATERFORD CONSULTING LIMITED 23 Mar 2015
    09505634 EL MIRLO BLANCO LIMITED 24 Mar 2015
    09511624 AFRICAN HOME TRADITIONS LTD 26 Mar 2015
    09517678 ISKA LONDON LTD 30 Mar 2015
    09469406 P KELLER LTD 04 Mar 2015
    09470681 PHOENIX FITNESS MARKETING LIMITED 04 Mar 2015
    09473960 JUXX LTD 05 Mar 2015
    09476931 DAYNELL PARCEL DISTRIBUTION LTD 09 Mar 2015
    09484087 CONSTRUCTION CON LTD 11 Mar 2015
    09486791 C2C HEALTHCARE LIMITED 12 Mar 2015
    09487603 KIERU CONSULTING LTD 13 Mar 2015