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
    09417183 NUTRITIONRESEARCH101 LIMITED 02 Feb 2015
    09419430 MNLL LTD 03 Feb 2015
    09423770 KEMPSTON CARPETS LIMITED 05 Feb 2015
    09424062 AL-HERRERA MEATS LIMITED 05 Feb 2015
    09425045 SHAHJALAL CATERING LIMITED 05 Feb 2015
    09429714 F&A MEDICAL SERVICES LTD 09 Feb 2015
    09430886 JOHN HARWOOD PROPERTIES LTD 10 Feb 2015
    09442806 YSM LIMITED 17 Feb 2015
    09445670 RETRO MOTORSPORT SERVICE LTD 18 Feb 2015
    09448480 HIJAMA CLINIC LIMITED 19 Feb 2015
    09450204 MJ CATERING SERVICES LTD 20 Feb 2015
    09451100 GROVES FINANCIAL CONSULTANTS LTD 20 Feb 2015
    09454800 FIT REP LIMITED 24 Feb 2015
    09456211 A F O'HARA BUILDERS LIMITED 24 Feb 2015
    09458029 AG CONSULTANTS PVT LIMITED 25 Feb 2015
    09458581 UBITES LIMITED 25 Feb 2015
    09458658 COMMCRAFT LTD 25 Feb 2015
    09459162 SHAH & CO (LUTON) LIMITED 26 Feb 2015
    09462627 SCOTT REDGE LIMITED 27 Feb 2015
    09462823 DRAW 2 DESIGNS LIMITED 27 Feb 2015
    09417263 FNB EVENTS LIMITED 02 Feb 2015
    OC397954 ELL-JAY ASSOCIATES LLP 04 Feb 2015
    09425200 TROJAN TRACKS LIMITED 05 Feb 2015
    09426344 COGENT PROPERTY MANAGEMENT LIMITED 06 Feb 2015
    09435853 OFSHARE LTD 12 Feb 2015