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
New Company Registrations
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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) Bedford UK 2010 335 105,137 2009 278 91,034 % change 20.5% 15.5% Record Year 2007 (369) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 99 111 125 New companies in 2009 79 81 118 % change 25.3% 37.0% 5.9% Record Year 2007 (104) 2003 (122) 2007 (156)
Closed Companies (dissolved)
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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) Bedford UK 2010 217 82,677 2009 271 108,060 % change -19.9% -23.5% Record Year 2009 (271) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 72 61 84 Closed companies in 2009 51 37 183 % change 41.2% 64.9% -54% Record Year 2010 (72) 2007 (85) 2009 (183)
Net Company Growth
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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) Bedford UK 2010 118 22,460 2009 7 -17,026 Record Year 2003 (255) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 27 50 41 Net growth in 2009 28 44 -65 Record Year 2003 (65) 2003 (91) 2008 (104)
UK Company Share
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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 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.2% 2006 0.3% Record Year (since 1960) 1965 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.3% 0.3% 0.3% UK formation share in 2009 0.3% 0.3% 0.3% % change 16.3% 17.3% -12.0% Record Year 1982 (0.7%) 1965 (0.9%) 1970 (0.7%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.70% MANAGEMENT 5.01% MANAGEMENT 1.59% CONSULTING 4.60% CONSULTANCY 1.32% CONSULTANCY 2.87% BEDFORD 0.99% PROPERTY 2.50% J 0.99% ASSOCIATES 2.04% PROPERTY 0.99% TRADING 1.93% ASSOCIATES 0.82% DESIGN 1.91% SECURITY 0.71% CONSTRUCTION 1.87% HOMES 0.71% MEDIA 1.84% DEVELOPMENTS 0.71% BUSINESS 1.74% DESIGN 0.71% INTERNATIONAL 1.73% PLUMBING 0.71% CONSULTANTS 1.63% MEDIA 0.66% ENGINEERING 1.54% BUILDING 0.66% J 1.48% (BEDFORD) 0.60% LONDON 1.45% CONSULTANTS 0.60% INVESTMENTS 1.45% HEATING 0.60% GROUP 1.37% P 0.60% GLOBAL 1.35% CONSTRUCTION 0.55% PROPERTIES 1.35% R 0.55% BUILDING 1.34% S 0.55% CARE 1.33% L 0.55% ELECTRICAL 1.30% TRAINING 0.55% M 1.28% IT 0.49% SYSTEMS 1.25% CAPITAL 0.49% S 1.23%
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 539 228,645 7487 - Other business activities 168 74,904 7414 - Business & management consultancy 61 17,003 9999 - Dormant Company 61 19,948 70229 - Management consultancy activities other than financial management 58 14,007 82990 - Other business support service activities not elsewhere classified 54 26,974 99999 - Dormant Company 52 13,808 7260 - Other computer related activities 42 10,331 62020 - Information technology consultancy activities 41 9,943 4521 - General construction & civil engineering 37 9,325 96090 - Other service activities not elsewhere classified 31 8,154 62090 - Other information technology service activities 31 6,340 74990 - Non-trading company 29 8,149 7222 - Other software consultancy and supply 26 9,659 9305 - Other service activities 25 9,038 7499 - Non-trading company 25 15,398 43210 - Electrical installation 22 3,163 4531 - Installation electrical wiring etc. 20 2,729 6024 - Freight transport by road 19 3,665 5530 - Restaurants 19 4,798
Recent Companies
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Randomly selected companies from this quarter
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