Bedford, Bedfordshire

Q1 2010 Business Confidence Report

Headlines

  • January 2010 saw a new record in company closures in Bedford 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 2010)

    A total of 335 companies were registered in Bedford during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 20.5% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)BedfordUK
    2010335105,137
    200927891,034
    % change20.5%15.5%
    Record Year 2007 (369) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201099111125
    New companies in 20097981118
    % change25.3%37.0%5.9%
    Record Year2007 (104)2003 (122)2007 (156)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 217 companies were dissolved in Bedford during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 19.9% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)BedfordUK
    201021782,677
    2009271108,060
    % change-19.9%-23.5%
    Record Year 2009 (271) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    January 2010 saw a new record in company closures in Bedford when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010726184
    Closed companies in 20095137183
    % change41.2%64.9%-54%
    Record Year2010 (72)2007 (85)2009 (183)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Bedford during the first quarter of 2010 (Jan 2010 - Mar 2010) was 118 companies.

    first quarter (Jan 2010 - Mar 2010)BedfordUK
    201011822,460
    20097-17,026
    Record Year 2003 (255) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010275041
    Net growth in 20092844-65
    Record Year2003 (65)2003 (91)2008 (104)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Bedford formed 0.3% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Bedford
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    20060.3%
    Record Year (since 1960) 1965 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.3%0.3%0.3%
    % change16.3%17.3%-12.0%
    Record Year1982 (0.7%)1965 (0.9%)1970 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 46.0.

    The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Bedford was in 1861 when 40.0% of all directors were female.

    24.5% of all director appointments in Bedford in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING1.70%MANAGEMENT5.01%
    MANAGEMENT1.59%CONSULTING4.60%
    CONSULTANCY1.32%CONSULTANCY2.87%
    BEDFORD0.99%PROPERTY2.50%
    J0.99%ASSOCIATES2.04%
    PROPERTY0.99%TRADING1.93%
    ASSOCIATES0.82%DESIGN1.91%
    SECURITY0.71%CONSTRUCTION1.87%
    HOMES0.71%MEDIA1.84%
    DEVELOPMENTS0.71%BUSINESS1.74%
    DESIGN0.71%INTERNATIONAL1.73%
    PLUMBING0.71%CONSULTANTS1.63%
    MEDIA0.66%ENGINEERING1.54%
    BUILDING0.66%J1.48%
    (BEDFORD)0.60%LONDON1.45%
    CONSULTANTS0.60%INVESTMENTS1.45%
    HEATING0.60%GROUP1.37%
    P0.60%GLOBAL1.35%
    CONSTRUCTION0.55%PROPERTIES1.35%
    R0.55%BUILDING1.34%
    S0.55%CARE1.33%
    L0.55%ELECTRICAL1.30%
    TRAINING0.55%M1.28%
    IT0.49%SYSTEMS1.25%
    CAPITAL0.49%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied539228,645
    7487 - Other business activities16874,904
    7414 - Business & management consultancy6117,003
    9999 - Dormant Company6119,948
    70229 - Management consultancy activities other than financial management5814,007
    82990 - Other business support service activities not elsewhere classified5426,974
    99999 - Dormant Company5213,808
    7260 - Other computer related activities4210,331
    62020 - Information technology consultancy activities419,943
    4521 - General construction & civil engineering379,325
    96090 - Other service activities not elsewhere classified318,154
    62090 - Other information technology service activities316,340
    74990 - Non-trading company298,149
    7222 - Other software consultancy and supply269,659
    9305 - Other service activities259,038
    7499 - Non-trading company2515,398
    43210 - Electrical installation223,163
    4531 - Installation electrical wiring etc.202,729
    6024 - Freight transport by road193,665
    5530 - Restaurants194,798

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07139889 PLUMBTEC NETWORK LIMITED 28 Jan 2010
    07136781 CLENNAM HR CONSULTING LTD 26 Jan 2010
    07124469 PIERRI ENGINEERING LIMITED 13 Jan 2010
    07122985 P A SIMMONDS LIMITED 12 Jan 2010
    07116593 INTEGRATED OILFIELD SERVICES LIMITED 05 Jan 2010
    07116386 STEIGER & CO LTD 05 Jan 2010
    07114917 SIMSGATE MACHINES LTD 03 Jan 2010
    07137194 SATIN CHIQUE LIMITED 26 Jan 2010
    07127778 HIRE INSIGHT LIMITED 16 Jan 2010
    07126296 RELIANCE CARE AGENCY LIMITED 15 Jan 2010
    07121105 MATRIX CORPORATE RECOVERY LIMITED 09 Jan 2010
    07117711 STUDENT RESIDENTIAL SERVICES LTD 06 Jan 2010
    07141443 UKHAMBA LIMITED 31 Jan 2010
    07138742 BANGHER SUPERMARKET LTD 28 Jan 2010
    07133049 OPTIMIS DEVELOPMENTS LTD 22 Jan 2010
    07118076 PREZZY SUPERMARKET LTD 06 Jan 2010
    07124604 SIGMA ACCOUNTANCY & TRAINING LTD 13 Jan 2010
    07124300 JDPS SOLUTIONS LIMITED 13 Jan 2010
    07138265 FAST TORQUE PR LIMITED 27 Jan 2010
    07137264 THE PLANT MARKET LIMITED 26 Jan 2010
    07132871 WRIGHT SOFTWARE SOLUTIONS LIMITED 22 Jan 2010
    07124148 WATTS ROOFING SUPPLIES LTD 13 Jan 2010
    07122667 BEECHNET SYSTEMS LIMITED 12 Jan 2010
    07121087 VLOGIC LIMITED 09 Jan 2010
    07117601 FAST RESPONSE LTD 06 Jan 2010