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
New Company Registrations
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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) Bedford UK 2011 341 116,391 2010 335 105,137 % change 1.8% 10.7% Record Year 2007 (369) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 84 114 143 New companies in 2010 99 111 125 % change -15.2% 2.7% 14.4% Record Year 2007 (104) 2003 (122) 2007 (156)
Closed Companies (dissolved)
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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) Bedford UK 2011 242 90,986 2010 217 82,677 % change 11.5% 10.0% Record Year 2009 (271) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2011 100 63 79 Closed companies in 2010 72 61 84 % change 38.9% 3.3% -6% Record Year 2011 (100) 2007 (85) 2009 (183)
Net Company Growth
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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) Bedford UK 2011 99 25,405 2010 118 22,460 Record Year 2003 (255) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -16 51 64 Net growth in 2010 27 50 41 Record Year 2003 (65) 2003 (91) 2008 (104)
UK Company Share
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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 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.2% Record Year (since 1960) 1965 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.2% 0.3% 0.3% UK formation share in 2010 0.3% 0.3% 0.3% % change -26.8% -9.7% 9.1% Record Year 1982 (0.7%) 1965 (0.9%) 1970 (0.7%)
Director Age
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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
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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
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.37% CONSULTING 5.04% VENTURES 1.11% MANAGEMENT 4.97% (BEDFORD) 0.90% CONSULTANCY 3.16% CONSULTING 0.85% PROPERTY 2.38% PROPERTY 0.85% TRADING 2.10% BEDFORD 0.79% DESIGN 1.93% M 0.74% ASSOCIATES 1.92% CONSULTANTS 0.74% BUSINESS 1.87% J 0.69% CONSTRUCTION 1.80% CARE 0.63% CONSULTANTS 1.76% IT 0.53% MEDIA 1.69% DESIGN 0.53% ENGINEERING 1.61% CONSTRUCTION 0.53% LONDON 1.60% INTERIORS 0.53% CARE 1.45% ASSOCIATES 0.53% J 1.45% T 0.53% GLOBAL 1.44% CLEANING 0.53% INVESTMENTS 1.43% MEDIA 0.48% IT 1.41% TRADING 0.48% PROPERTIES 1.36% BUSINESS 0.48% BUILDING 1.34% BUILDING 0.48% M 1.30% CENTRE 0.48% ELECTRICAL 1.28% DEVELOPMENTS 0.42% S 1.24% S 0.42% INTERNATIONAL 1.23% D 0.42% SYSTEMS 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 518 202,798 7487 - Other business activities 143 60,968 99999 - Dormant Company 72 18,336 70229 - Management consultancy activities other than financial management 66 16,150 82990 - Other business support service activities not elsewhere classified 65 30,253 9999 - Dormant Company 57 19,765 7414 - Business & management consultancy 53 12,916 7260 - Other computer related activities 35 7,789 62020 - Information technology consultancy activities 33 10,246 62090 - Other information technology service activities 33 6,996 96090 - Other service activities not elsewhere classified 30 10,085 74990 - Non-trading company 27 8,695 7499 - Non-trading company 23 11,316 9305 - Other service activities 23 8,740 4521 - General construction & civil engineering 22 6,183 7222 - Other software consultancy and supply 21 7,000 5530 - Restaurants 20 4,898 74909 - Other professional, scientific and technical activities not elsewhere classified 20 7,788 69201 - Accounting and auditing activities 18 3,436 41100 - Development of building projects 17 3,921
Recent Companies
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Randomly selected companies from this quarter
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