Bedford, Bedfordshire
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Bedford when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 1,212 companies were formed in Bedford in 2010. This total is 4.8% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Bedford UK 2010 1,212 400,358 2009 1,156 362,675 2008 1,088 349,203 2007 1,208 457,649 2006 1,041 405,440 Record Year 2003 (1,254) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 589 companies were formed in Bedford. This figure is 1.9% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Bedford occurred in 2005 when a total of 633 were formed.
Half Year (Jul-Dec) Bedford UK 2010 589 196,609 2009 578 180,654 % change 1.9% 8.8% Record Year 2005 (633) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 269 companies were registered in Bedford during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 2.9% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Bedford UK 2010 269 95,117 2009 277 85,983 % change -2.9% 10.6% Record Year 2003 (299) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 103 104 62 New companies in 2009 89 119 69 % change 15.7% -12.6% -10.1% Record Year 2005 (116) 2009 (119) 2008 (84)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 869 companies were dissolved in Bedford in 2010. This total is 31.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Bedford UK 2010 869 342,232 2009 1,270 533,773 2008 563 237,901 2007 724 220,295 2006 616 200,166 Record Year 2009 (1,270) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 419 companies were dissolved in Bedford. This figure is 24.4% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Bedford occurred in 2009 when a total of 554 were closed.
Half Year (Jul-Dec) Bedford UK 2010 419 164,601 2009 554 244,537 % change -24.4% -32.7% Record Year 2009 (554) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 195 companies were dissolved in Bedford during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 12.6% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Bedford UK 2010 195 76,896 2009 223 85,136 % change -12.6% -9.7% Record Year 2009 (223) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Bedford when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 65 90 40 Closed companies in 2009 70 67 86 % change -7.1% 34.3% -53% Record Year 2009 (70) 2010 (90) 2009 (86)
Net Company Growth
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Annual Data (2010)
A total of 343 companies were added to the company register for Bedford in 2010. This number represents growth of 29.7% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 457 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Bedford company register grew by 802 companies.
Year Bedford UK 2010 343 58,126 2009 -114 -171,098 2008 525 111,302 2007 484 237,354 2006 425 205,274 Record Year 2003 (802) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Bedford increased by 170 companies.
Half Year (Jul-Dec) Bedford UK 2010 170 32,008 2009 24 -63,883 Record Year 2005 (341) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Bedford during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 74 companies.
fourth quarter (Oct 2010 - Dec 2010) Bedford UK 2010 74 18,221 2009 54 847 Record Year 2003 (187) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 38 14 22 Net growth in 2009 19 52 -17 Record Year 2008 (83) 2003 (66) 2003 (54)
UK Company Share
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Annual Data (2010)
In 2010 Bedford formed 0.3% of all UK companies. This is no change on 2009 when Bedford was responsible for 0.3% of all UK companies.
Year Bedford 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1965 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Bedford formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jul-Dec) Bedford 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1965 (0.7%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Bedford formed 0.3% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Bedford 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.3% 2006 0.3% Record Year (since 1960) 1968 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.3% 0.3% 0.2% UK formation share in 2009 0.3% 0.4% 0.3% % change 1.4% -21.9% -14.5% Record Year 1968 (0.9%) 1965 (0.8%) 1962 (0.8%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 45.9.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 45.6.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 45.4.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.0%.
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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Annual Data (2010)
The record year for female directors in Bedford was 1857 when 36.4% of all directors were female.
The percentage of female directors in Bedford in 2010 was 29.6%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Bedford was 1860 when 42.9% of all directors were female.
28.8% of all director appointments in Bedford in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Bedford was in 1977 when 31.1% of all directors were female.
27.7% of all director appointments in Bedford in the fourth 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 (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.45% CONSULTING 5.06% CONSULTING 1.18% MANAGEMENT 5.01% BEDFORD 0.80% CONSULTANCY 3.14% PROPERTY 0.80% PROPERTY 2.36% CONSULTANTS 0.80% TRADING 2.11% CARE 0.75% ASSOCIATES 1.95% J 0.75% DESIGN 1.92% (BEDFORD) 0.75% BUSINESS 1.82% CONSULTANCY 0.70% CONSTRUCTION 1.82% DEVELOPMENTS 0.64% CONSULTANTS 1.76% PLUMBING 0.59% MEDIA 1.71% DESIGN 0.59% ENGINEERING 1.62% ASSOCIATES 0.59% LONDON 1.60% BUILDING 0.54% CARE 1.45% INTERIORS 0.54% INVESTMENTS 1.44% VENTURES 0.54% GLOBAL 1.43% HEATING 0.54% J 1.42% M 0.54% IT 1.41% CONSTRUCTION 0.54% PROPERTIES 1.34% T 0.54% INTERNATIONAL 1.34% LANDMARK 0.48% BUILDING 1.34% IT 0.48% M 1.30% CLEANING 0.43% ELECTRICAL 1.25% CENTRE 0.43% SYSTEMS 1.24% HOMES 0.43% 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 506 199,572 7487 - Other business activities 142 63,348 99999 - Dormant Company 68 16,285 70229 - Management consultancy activities other than financial management 65 14,505 82990 - Other business support service activities not elsewhere classified 59 27,550 9999 - Dormant Company 57 20,144 7414 - Business & management consultancy 55 13,474 62020 - Information technology consultancy activities 35 9,177 7260 - Other computer related activities 34 8,089 96090 - Other service activities not elsewhere classified 32 8,799 62090 - Other information technology service activities 31 6,330 9305 - Other service activities 25 8,858 7499 - Non-trading company 24 12,000 4521 - General construction & civil engineering 24 6,598 74990 - Non-trading company 23 8,243 5530 - Restaurants 22 4,939 74909 - Other professional, scientific and technical activities not elsewhere classified 20 7,088 43210 - Electrical installation 20 2,980 7222 - Other software consultancy and supply 18 7,298 69201 - Accounting and auditing activities 17 3,088
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07421688 IDEAL SUPERMARKET LIMITED 28 Oct 2010 07421399 SCRIBES FOR HIRE LIMITED 27 Oct 2010 07420716 HEATING ENGINEERS LIMITED 27 Oct 2010 07414482 UK BUSINESS ADVICE LIMITED 21 Oct 2010 07411511 CARLYLE PROPERTY GROUP LIMITED 19 Oct 2010 07405304 GEOPACE LIMITED 12 Oct 2010 07403889 TSFH LTD 12 Oct 2010 07396436 GA WOOLSTON PROPERTY SERVICES LIMITED 05 Oct 2010 07417104 HERITAGE MEWS HARDINGSTONE LIMITED 25 Oct 2010 07413783 B JEWELLERY LIMITED 20 Oct 2010 07393764 MY SELF IMAGE LTD 01 Oct 2010 07421098 OAKPIN LTD 27 Oct 2010 07404578 THUMBS UP BARS AND CLUBS LIMITED 12 Oct 2010 07395098 BLUE SYSTEM IT LIMITED 04 Oct 2010 07422461 NICHE PORTFOLIO LTD 28 Oct 2010 07420779 RIZON LTD 27 Oct 2010 07396996 DOORSTEP ONLINE LIMITED 05 Oct 2010 07423887 CONVENIENT REMOVALS LTD 29 Oct 2010 07419936 69 LIMITED 26 Oct 2010 07414577 AQUA BUILDING & PLUMBING LTD 21 Oct 2010 07408397 RIKAS INSIGHT LTD 15 Oct 2010 07403853 BEST GATEWAY TO SUCCESS LTD 12 Oct 2010 07402182 UNITE EVENTS LIMITED 11 Oct 2010 07402017 EQUIWORLD LIMITED 11 Oct 2010 07397585 EBULLIENCE LTD 05 Oct 2010
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