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
    07207655 CHLOE SOAMES LTD 30 Mar 2010
    07207047 INFOWEB SOLUTIONS LIMITED 29 Mar 2010
    07206945 LUXPROPERTIES (HERTS) LIMITED 29 Mar 2010
    07206116 WE MAKE THINGS LIMITED 29 Mar 2010
    07204367 THE WORLD SAUSAGE CHAMPIONSHIPS LIMITED 26 Mar 2010
    07204258 PETER REEVE ESS LIMITED 26 Mar 2010
    07203672 CAMELEON IT LIMITED 25 Mar 2010
    07200981 NEWPORT LOGISTICS LTD 24 Mar 2010
    07194249 LANDMARK 305 LIMITED 18 Mar 2010
    07192149 AKA PLUMBING & HEATING LIMITED 17 Mar 2010
    07184565 SAINTE-MERE FESTIVAL LIMITED 10 Mar 2010
    07177827 FOCUS DECORATING CONTRACTORS LTD 04 Mar 2010
    07177218 CAEMAC INVESTMENTS LIMITED 04 Mar 2010
    OC353447 PALMERS SOLICITORS LLP 22 Mar 2010
    07187015 BAWAHOUSE LIMITED 11 Mar 2010
    07203291 KIMER LTD 25 Mar 2010
    07191264 LITTLEDALE MANAGEMENT RESOLUTIONS LIMITED 16 Mar 2010
    07192650 BEDFORD DRIVING CENTER LIMITED 17 Mar 2010
    07183527 C & P SPORTS LIMITED 10 Mar 2010
    07178519 INTERPROVE LIMITED 04 Mar 2010
    07175982 BLAZE FIRE & SECURITY LIMITED 03 Mar 2010
    07173402 WEREWOLF PROMO LIMITED 02 Mar 2010
    07202453 GLADE DESIGNS LTD 25 Mar 2010
    07194378 GB ACCOUNTING SOLUTIONS LIMITED 18 Mar 2010
    07183753 ANNELIDIA LTD. 10 Mar 2010