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
New Company Registrations
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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) Luton UK 2015 727 161,156 2014 585 150,722 % change 24.3% 6.9% Record Year 2015 (727) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 221 231 275 New companies in 2014 192 195 198 % change 15.1% 18.5% 38.9% Record Year 2015 (221) 2015 (231) 2015 (275)
Closed Companies (dissolved)
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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) Luton UK 2015 394 89,523 2014 333 82,370 % change 18.3% 8.7% Record Year 2015 (394) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2015 86 160 148 Closed companies in 2014 103 104 126 % change -16.5% 53.8% 17% Record Year 2011 (123) 2015 (160) 2000 (255)
Net Company Growth
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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) Luton UK 2015 333 71,633 2014 252 68,352 Record Year 2015 (333) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 135 71 127 Net growth in 2014 89 91 72 Record Year 2015 (135) 2014 (91) 2015 (127)
UK Company Share
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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 2015 0.5% 2014 0.4% 2013 0.4% 2012 0.3% 2011 0.3% Record Year (since 1960) 1998 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.5% 0.4% 0.5% UK formation share in 2014 0.4% 0.4% 0.4% % change 12.9% 9.1% 26.6% Record Year 1998 (0.6%) 1998 (0.6%) 1976 (0.8%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.67% CONSULTING 5.23% CONSULTANCY 1.27% MANAGEMENT 4.56% CONSTRUCTION 1.18% CONSULTANCY 3.62% LUTON 1.15% PROPERTY 2.72% CONSULTING 1.06% CONSTRUCTION 2.19% MANAGEMENT 1.04% CARE 2.13% TRANSPORT 0.89% ENGINEERING 2.12% BUSINESS 0.83% LONDON 1.91% M 0.81% TRADING 1.88% HEALTHCARE 0.75% TRANSPORT 1.82% ABILITY 0.75% ELECTRICAL 1.76% INVESTMENTS 0.69% DESIGN 1.65% ENGINEERING 0.66% PROPERTIES 1.63% HOTELS 0.66% CO., 1.58% HEALTH 0.63% J 1.55% CONSULTANTS 0.63% CONSULTANTS 1.54% GLOBAL 0.63% BUSINESS 1.49% CARS 0.60% INVESTMENTS 1.49% IT 0.60% GLOBAL 1.46% PROPERTY 0.58% ASSOCIATES 1.44% SECURITY 0.55% DEVELOPMENTS 1.36% BUILDING 0.52% BUILDING 1.31% ASSOCIATES 0.49% IT 1.30% ELECTRICAL 0.49% MEDIA 1.28% ENTERPRISE 0.49% M 1.27%
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 1,459 288,953 62020 - Information technology consultancy activities 144 30,825 70229 - Management consultancy activities other than financial management 136 43,081 99999 - Dormant Company 134 49,474 96090 - Other service activities not elsewhere classified 128 29,218 82990 - Other business support service activities not elsewhere classified 95 58,522 56101 - Licensed restaurants 81 8,909 86900 - Other human health activities 77 13,990 68209 - Other letting and operating of own or leased real estate 73 11,600 56103 - Take-away food shops and mobile food stands 64 8,607 62090 - Other information technology service activities 62 12,862 49410 - Freight transport by road 62 12,485 86101 - Hospital activities 62 5,043 74909 - Other professional, scientific and technical activities not elsewhere classified 49 19,098 88990 - Other social work activities without accommodation not elsewhere classified 49 5,014 85590 - Other education not elsewhere classified 47 6,238 41100 - Development of building projects 39 11,863 47910 - Retail sale via mail order houses or via Internet 38 10,200 86210 - General medical practice activities 37 4,793 69201 - Accounting and auditing activities 36 7,682
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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