Bedford, Bedfordshire
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company registrations in Bedford when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 623 companies were formed in Bedford. This figure is 7.8% higher than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Bedford occurred in 2003 when a total of 667 were formed.
Half Year (Jan-Jun) Bedford UK 2010 623 203,749 2009 578 182,021 % change 7.8% 11.9% Record Year 2003 (667) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 288 companies were registered in Bedford during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 4.0% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Bedford UK 2010 288 98,612 2009 300 90,987 % change -4.0% 8.4% Record Year 2003 (305) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Bedford when compared to any previous June.
New Companies by Month
April May June New companies in 2010 91 91 106 New companies in 2009 96 102 102 % change -5.2% -10.8% 3.9% Record Year 2003 (104) 2003 (107) 2010 (106)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 450 companies were dissolved in Bedford. This figure is 37.2% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Bedford occurred in 2009 when a total of 716 were closed.
Half Year (Jan-Jun) Bedford UK 2010 450 177,631 2009 716 289,236 % change -37.2% -38.6% Record Year 2009 (716) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 233 companies were dissolved in Bedford during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 47.6% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Bedford UK 2010 233 94,954 2009 445 181,176 % change -47.6% -47.6% Record Year 2009 (445) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 52 85 96 Closed companies in 2009 129 195 121 % change -59.7% -56.4% -21% Record Year 2009 (129) 2009 (195) 2009 (121)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Bedford increased by 173 companies.
Half Year (Jan-Jun) Bedford UK 2010 173 26,118 2009 -138 -107,215 Record Year 2003 (469) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Bedford during the second quarter of 2010 (Apr 2010 - Jun 2010) was 55 companies.
second quarter (Apr 2010 - Jun 2010) Bedford UK 2010 55 3,658 2009 -145 -90,189 Record Year 2003 (214) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 39 6 10 Net growth in 2009 -33 -93 -19 Record Year 2003 (76) 2003 (77) 2008 (70)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Bedford formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jan-Jun) Bedford 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.2% 2006 0.3% Record Year (since 1960) 1970 (0.5%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Bedford formed 0.3% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Bedford 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.2% Record Year (since 1960) 1970 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.3% 0.3% 0.3% UK formation share in 2009 0.3% 0.4% 0.3% % change -12.8% -15.0% -6.5% Record Year 1968 (1.0%) 1971 (0.9%) 1970 (0.8%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 46.2.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 46.4.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Bedford was 1861 when 40.0% of all directors were female.
25.0% of all director appointments in Bedford in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Bedford was in 1866 when 66.7% of all directors were female.
25.5% of all director appointments in Bedford in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.68% MANAGEMENT 5.01% MANAGEMENT 1.46% CONSULTING 4.79% CONSULTANCY 1.19% CONSULTANCY 3.02% J 0.98% PROPERTY 2.40% (BEDFORD) 0.76% ASSOCIATES 2.02% BEDFORD 0.76% TRADING 2.01% PROPERTY 0.76% DESIGN 1.91% PLUMBING 0.76% CONSTRUCTION 1.85% DEVELOPMENTS 0.70% MEDIA 1.80% ASSOCIATES 0.70% BUSINESS 1.75% HOMES 0.65% CONSULTANTS 1.71% DESIGN 0.60% INTERNATIONAL 1.59% HEATING 0.60% ENGINEERING 1.56% BUILDING 0.60% LONDON 1.52% S 0.54% INVESTMENTS 1.49% R 0.54% J 1.46% MEDIA 0.54% CARE 1.41% CARE 0.54% GLOBAL 1.39% INTERIORS 0.54% PROPERTIES 1.35% CONSTRUCTION 0.54% BUILDING 1.33% P 0.54% M 1.29% MARKETING 0.49% IT 1.28% LANDMARK 0.49% ELECTRICAL 1.27% D 0.49% GROUP 1.25% CONSULTANTS 0.49% DEVELOPMENTS 1.25%
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 509 207,125 7487 - Other business activities 158 68,525 9999 - Dormant Company 60 19,842 70229 - Management consultancy activities other than financial management 59 13,490 7414 - Business & management consultancy 59 14,598 99999 - Dormant Company 56 14,342 82990 - Other business support service activities not elsewhere classified 51 25,942 7260 - Other computer related activities 39 9,122 4521 - General construction & civil engineering 37 8,262 62020 - Information technology consultancy activities 35 8,590 96090 - Other service activities not elsewhere classified 31 7,922 9305 - Other service activities 30 8,822 62090 - Other information technology service activities 27 5,854 74990 - Non-trading company 25 7,893 43210 - Electrical installation 21 2,859 4531 - Installation electrical wiring etc. 20 2,504 7222 - Other software consultancy and supply 20 8,285 5530 - Restaurants 20 4,879 7499 - Non-trading company 20 13,997 74909 - Other professional, scientific and technical activities not elsewhere classified 18 6,684
Recent Companies
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Randomly selected companies from this quarter
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