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Bedford, Bedfordshire

Q1 2011 Business Confidence Report

Headlines

  • January 2011 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 2011)

    A total of 341 companies were registered in Bedford during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 1.8% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)BedfordUK
    2011341116,391
    2010335105,137
    % change1.8%10.7%
    Record Year 2007 (369) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201184114143
    New companies in 201099111125
    % change-15.2%2.7%14.4%
    Record Year2007 (104)2003 (122)2007 (156)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 242 companies were dissolved in Bedford during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 11.5% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)BedfordUK
    201124290,986
    201021782,677
    % change11.5%10.0%
    Record Year 2009 (271) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Bedford when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20111006379
    Closed companies in 2010726184
    % change38.9%3.3%-6%
    Record Year2011 (100)2007 (85)2009 (183)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Bedford during the first quarter of 2011 (Jan 2011 - Mar 2011) was 99 companies.

    first quarter (Jan 2011 - Mar 2011)BedfordUK
    20119925,405
    201011822,460
    Record Year 2003 (255) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-165164
    Net growth in 2010275041
    Record Year2003 (65)2003 (91)2008 (104)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Bedford formed 0.3% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Bedford
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    Record Year (since 1960) 1965 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.2%0.3%0.3%
    UK formation share in 20100.3%0.3%0.3%
    % change-26.8%-9.7%9.1%
    Record Year1982 (0.7%)1965 (0.9%)1970 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 44.8.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Bedford was in 1861 when 40.0% of all directors were female.

    30.8% of all director appointments in Bedford in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.37%CONSULTING5.04%
    VENTURES1.11%MANAGEMENT4.97%
    (BEDFORD)0.90%CONSULTANCY3.16%
    CONSULTING0.85%PROPERTY2.38%
    PROPERTY0.85%TRADING2.10%
    BEDFORD0.79%DESIGN1.93%
    M0.74%ASSOCIATES1.92%
    CONSULTANTS0.74%BUSINESS1.87%
    J0.69%CONSTRUCTION1.80%
    CARE0.63%CONSULTANTS1.76%
    IT0.53%MEDIA1.69%
    DESIGN0.53%ENGINEERING1.61%
    CONSTRUCTION0.53%LONDON1.60%
    INTERIORS0.53%CARE1.45%
    ASSOCIATES0.53%J1.45%
    T0.53%GLOBAL1.44%
    CLEANING0.53%INVESTMENTS1.43%
    MEDIA0.48%IT1.41%
    TRADING0.48%PROPERTIES1.36%
    BUSINESS0.48%BUILDING1.34%
    BUILDING0.48%M1.30%
    CENTRE0.48%ELECTRICAL1.28%
    DEVELOPMENTS0.42%S1.24%
    S0.42%INTERNATIONAL1.23%
    D0.42%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied518202,798
    7487 - Other business activities14360,968
    99999 - Dormant Company7218,336
    70229 - Management consultancy activities other than financial management6616,150
    82990 - Other business support service activities not elsewhere classified6530,253
    9999 - Dormant Company5719,765
    7414 - Business & management consultancy5312,916
    7260 - Other computer related activities357,789
    62020 - Information technology consultancy activities3310,246
    62090 - Other information technology service activities336,996
    96090 - Other service activities not elsewhere classified3010,085
    74990 - Non-trading company278,695
    7499 - Non-trading company2311,316
    9305 - Other service activities238,740
    4521 - General construction & civil engineering226,183
    7222 - Other software consultancy and supply217,000
    5530 - Restaurants204,898
    74909 - Other professional, scientific and technical activities not elsewhere classified207,788
    69201 - Accounting and auditing activities183,436
    41100 - Development of building projects173,921

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07506177 FRAMEWORK TRADERS LIMITED 26 Jan 2011
    07504161 S&U LOGISTIC LTD 25 Jan 2011
    07502538 ABILITY ENGINEERS LIMITED 24 Jan 2011
    07502495 ENERGY TRANSACTIONS LIMITED 24 Jan 2011
    07490006 SKATE SQUARE UK LTD 12 Jan 2011
    07484944 EI SUPPLIES LTD 06 Jan 2011
    07504714 AMPTHILL SPORTS GROUND LIMITED 25 Jan 2011
    07502406 PLS ITFC LIMITED 24 Jan 2011
    07495996 MONGOOSE AND SWAN LIMITED 18 Jan 2011
    07503968 KAYAKSECURE LTD 24 Jan 2011
    07502176 TRENCHARDS PROPERTY MAINTENANCE LIMITED 24 Jan 2011
    07501231 JDG DESIGN SERVICES LTD 21 Jan 2011
    07500218 GRAND PRIX RECRUITMENT LTD 20 Jan 2011
    07499524 BEDFORD PRINT LIMITED 20 Jan 2011
    07496817 KNOELEDGE LIMITED 18 Jan 2011
    07491880 LIFESTYLE TOOLBOX LIMITED 13 Jan 2011
    07505484 HANDFIELD CONSULTING LTD 26 Jan 2011
    07497993 LE PARISIEN CAFE LIMITED 19 Jan 2011
    07508147 CAMBRIDGE SNOOKER CENTRE LIMITED 27 Jan 2011
    07488173 KINNAGOE LIMITED 11 Jan 2011
    07507970 CLEANING EXPRESS (BEDS) LIMITED 27 Jan 2011
    07500304 VJ CONSULTANCY LIMITED 20 Jan 2011
    07498422 SHEEPHILL ORCHARD LTD 19 Jan 2011
    07496346 CROMER FARADAY LIMITED 18 Jan 2011
    07494604 QUEST ESTATE MAINTENANCE LTD 17 Jan 2011