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

  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. 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)BedfordUK
    2010623203,749
    2009578182,021
    % change7.8%11.9%
    Record Year2003 (667)2007 (279,097)
    New Companies by Half Year
  2. 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)BedfordUK
    201028898,612
    200930090,987
    % change-4.0%8.4%
    Record Year 2003 (305) 2007 (112,283)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 20109191106
    New companies in 200996102102
    % change-5.2%-10.8%3.9%
    Record Year2003 (104)2003 (107)2010 (106)

Closed Companies (dissolved)

  1. 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)BedfordUK
    2010450177,631
    2009716289,236
    % change-37.2%-38.6%
    Record Year2009 (716)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)BedfordUK
    201023394,954
    2009445181,176
    % change-47.6%-47.6%
    Record Year 2009 (445) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010528596
    Closed companies in 2009129195121
    % change-59.7%-56.4%-21%
    Record Year2009 (129)2009 (195)2009 (121)

Net Company Growth

  1. 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)BedfordUK
    201017326,118
    2009-138-107,215
    Record Year2003 (469)2007 (171,296)
    Net Growth by Half Year
  2. 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)BedfordUK
    2010553,658
    2009-145-90,189
    Record Year 2003 (214) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201039610
    Net growth in 2009-33-93-19
    Record Year2003 (76)2003 (77)2008 (70)

UK Company Share

  1. 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
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    20060.3%
    Record Year (since 1960) 1970 (0.5%)
    Company Share by Half Year
  2. 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
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.2%
    Record Year (since 1960) 1970 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.3%0.4%0.3%
    % change-12.8%-15.0%-6.5%
    Record Year1968 (1.0%)1971 (0.9%)1970 (0.8%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.68%MANAGEMENT5.01%
    MANAGEMENT1.46%CONSULTING4.79%
    CONSULTANCY1.19%CONSULTANCY3.02%
    J0.98%PROPERTY2.40%
    (BEDFORD)0.76%ASSOCIATES2.02%
    BEDFORD0.76%TRADING2.01%
    PROPERTY0.76%DESIGN1.91%
    PLUMBING0.76%CONSTRUCTION1.85%
    DEVELOPMENTS0.70%MEDIA1.80%
    ASSOCIATES0.70%BUSINESS1.75%
    HOMES0.65%CONSULTANTS1.71%
    DESIGN0.60%INTERNATIONAL1.59%
    HEATING0.60%ENGINEERING1.56%
    BUILDING0.60%LONDON1.52%
    S0.54%INVESTMENTS1.49%
    R0.54%J1.46%
    MEDIA0.54%CARE1.41%
    CARE0.54%GLOBAL1.39%
    INTERIORS0.54%PROPERTIES1.35%
    CONSTRUCTION0.54%BUILDING1.33%
    P0.54%M1.29%
    MARKETING0.49%IT1.28%
    LANDMARK0.49%ELECTRICAL1.27%
    D0.49%GROUP1.25%
    CONSULTANTS0.49%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied509207,125
    7487 - Other business activities15868,525
    9999 - Dormant Company6019,842
    70229 - Management consultancy activities other than financial management5913,490
    7414 - Business & management consultancy5914,598
    99999 - Dormant Company5614,342
    82990 - Other business support service activities not elsewhere classified5125,942
    7260 - Other computer related activities399,122
    4521 - General construction & civil engineering378,262
    62020 - Information technology consultancy activities358,590
    96090 - Other service activities not elsewhere classified317,922
    9305 - Other service activities308,822
    62090 - Other information technology service activities275,854
    74990 - Non-trading company257,893
    43210 - Electrical installation212,859
    4531 - Installation electrical wiring etc.202,504
    7222 - Other software consultancy and supply208,285
    5530 - Restaurants204,879
    7499 - Non-trading company2013,997
    74909 - Other professional, scientific and technical activities not elsewhere classified186,684

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07240539 JOHN WALTON LIMITED 30 Apr 2010
    07237962 HALE BOPP (LOCUMS) LIMITED 28 Apr 2010
    07227010 CRYSTAL CLEAR INDUSTRIAL CLEANERS LTD 19 Apr 2010
    07225186 RAVEN ASIA (UK) LTD 15 Apr 2010
    07223311 GAINE ACCESS LIMITED 14 Apr 2010
    07221202 YOUCANBOOKME LIMITED 13 Apr 2010
    07219873 HASANA 3P INVESTMENTS LTD. 12 Apr 2010
    07216851 TRIDENT PUMPS LIMITED 08 Apr 2010
    07232656 PAUL AND SON (BEDFORD) LIMITED 22 Apr 2010
    07229647 LOTUS ESPRIT WORLD LIMITED 20 Apr 2010
    07216541 PREMIUM TECHNOLOGY LTD 08 Apr 2010
    07213580 MASIH ELECTRI CAL SERVICES LIMITED 06 Apr 2010
    07213028 NEWDAY CLEANING SERVICES LIMITED 06 Apr 2010
    07225444 KARRALL LIMITED 16 Apr 2010
    07212164 STEVINGTON ASSOCIATES LTD 06 Apr 2010
    OC354459 PARROTT DEVELOPMENT LLP 27 Apr 2010
    07227531 IBBI LTD 19 Apr 2010
    07227469 TALKING PSYCHIATRY LIMITED 19 Apr 2010
    07211759 JASON BROCKETT LIMITED 01 Apr 2010
    07240869 MCCAFFREY BUILDING CONTRACTORS LIMITED 30 Apr 2010
    07240864 P J HOARE LIMITED 30 Apr 2010
    07236297 TRISTAR COMPUTERS LIMITED 27 Apr 2010
    07235483 FRESHBABY LIMITED 26 Apr 2010
    07232002 MHUDSON ENTERPRISES LIMITED 22 Apr 2010
    07220557 CONQUEST OIL COMPANY LTD 12 Apr 2010