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
    07167114 MTR CONSULTANCY LIMITED 24 Feb 2010
    07164960 PAUL BROOKS GENERAL BUILDERS LIMITED 22 Feb 2010
    07161652 ORANGE GLOW ENERGY LIMITED 18 Feb 2010
    07159663 CWM LETS LET LIMITED 17 Feb 2010
    07152447 BOCCELLI LIMITED 10 Feb 2010
    07152384 K D CHAUFFEURS LTD 10 Feb 2010
    07150774 SAFETY TRAIL LIMITED 09 Feb 2010
    07146855 THISTLES NO 1 PROPERTIES LIMITED 04 Feb 2010
    07142547 AGENT WOBURN LIMITED 02 Feb 2010
    OC352077 R SPENCER THOMAS INVESTMENTS LLP 05 Feb 2010
    07143658 FLAMESAFE HEATING & PLUMBING LIMITED 02 Feb 2010
    07160762 SWEET SOLUTIONS LIMITED 17 Feb 2010
    07146796 WLALSIE LTD 04 Feb 2010
    07146069 MEDICAL DEFENCE SHIELD LIMITED 04 Feb 2010
    07168205 MAYFAIR CAR MAINTENANCE LIMITED 24 Feb 2010
    07165784 LA INTERIORS LTD 23 Feb 2010
    07165034 KOMODITY SOLUTIONS LTD 22 Feb 2010
    07154124 MOOR FARM ABATTOIR LIMITED 11 Feb 2010
    07150855 MARTINE HORWOOD LIMITED 09 Feb 2010
    07168130 THE NURSERIES SARUM ROAD LIMITED 24 Feb 2010
    07166555 MANOR CONCEPTS SANDY LIMITED 23 Feb 2010
    07165670 C.C COMPLETE GAS AND HEATING LIMITED 23 Feb 2010
    07165542 LEIGHANNE EARLEY LIMITED 23 Feb 2010
    07164506 J P BRICKWORK CONTRACTORS LIMITED 22 Feb 2010
    07163287 KOOLWORLD LIMITED 19 Feb 2010