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Bedford, Bedfordshire

2011 Half Year Business Confidence Report

Headlines

  • The first half of 2011 saw a new record in company registrations in Bedford when compared to any previous first half year.
  • The first half of 2011 was a record first half year for company registrations in Bedford when compared to any half year in history.
  • Q2 2011 saw a new record in company registrations in Bedford when compared to any previous Q2.
  • June 2011 saw a new record in company registrations in Bedford when compared to any previous June.
  • April 2011 saw a new record in company registrations in Bedford when compared to any previous April.
  • April 2011 saw a new record in net growth in Bedford when compared to any previous April.

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 2011)

    The first half of 2011 saw a new record in company registrations in Bedford when compared to any previous first half year.

    The first half of 2011 was a record first half year for company registrations in Bedford when compared to any half year in history.

    In the first half of 2011 a total of 675 companies were formed in Bedford. This figure is 8.3% higher than last year, which compares badly to the UK wide figure of 12.3%.

    The highest total for a first half year in Bedford occurred in 2011 when a total of 675 were formed.

    Half Year (Jan-Jun)BedfordUK
    2011675228,735
    2010623203,749
    % change8.3%12.3%
    Record Year2011 (675)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Q2 2011 saw a new record in company registrations in Bedford when compared to any previous Q2.

    A total of 334 companies were registered in Bedford during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 16.0% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)BedfordUK
    2011334112,344
    201028898,612
    % change16.0%13.9%
    Record Year 2011 (334) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    June 2011 saw a new record in company registrations in Bedford when compared to any previous June.

    April 2011 saw a new record in company registrations in Bedford when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2011110104120
    New companies in 20109191106
    % change20.9%14.3%13.2%
    Record Year2011 (110)2003 (107)2011 (120)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 414 companies were dissolved in Bedford. This figure is 8.0% lower than last year, which compares badly to the UK wide change of -8.6%.

    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
    2011414162,310
    2010450177,631
    % change-8.0%-8.6%
    Record Year2009 (716)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 172 companies were dissolved in Bedford during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 26.2% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)BedfordUK
    201117271,324
    201023394,954
    % change-26.2%-24.9%
    Record Year 2009 (445) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011328753
    Closed companies in 2010528596
    % change-38.5%2.4%-45%
    Record Year2009 (129)2009 (195)2009 (121)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Bedford increased by 261 companies.

    Half Year (Jan-Jun)BedfordUK
    201126166,425
    201017326,118
    Record Year2003 (469)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Bedford during the second quarter of 2011 (Apr 2011 - Jun 2011) was 162 companies.

    second quarter (Apr 2011 - Jun 2011)BedfordUK
    201116241,020
    2010553,658
    Record Year 2003 (214) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    April 2011 saw a new record in net growth in Bedford when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 2011781767
    Net growth in 201039610
    Record Year2011 (78)2003 (77)2008 (70)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Bedford formed 0.3% of all UK companies. This is the same as the 2010 figure of 0.3%.

    Half Year (Jan-Jun)Bedford
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    Record Year (since 1960) 1970 (0.5%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

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

    second quarter (Apr 2011 - Jun 2011)Bedford
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    Record Year (since 1960) 1970 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.3%0.3%0.3%
    UK formation share in 20100.3%0.3%0.3%
    % change17.0%-10.0%0.3%
    Record Year1968 (1.0%)1971 (0.9%)1970 (0.8%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 45.1.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 45.4.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

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

    28.1% of all director appointments in Bedford in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in Bedford was in 1866 when 66.7% of all directors were female.

    25.0% of all director appointments in Bedford in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.20%CONSULTING5.09%
    MANAGEMENT1.20%MANAGEMENT4.86%
    VENTURES1.15%CONSULTANCY3.17%
    BEDFORD0.99%PROPERTY2.43%
    (BEDFORD)0.89%TRADING2.05%
    PROPERTY0.78%DESIGN1.94%
    CONSULTANTS0.78%ASSOCIATES1.92%
    M0.78%BUSINESS1.87%
    J0.78%CONSTRUCTION1.77%
    INTERNATIONAL0.63%CONSULTANTS1.76%
    CONSULTANCY0.57%MEDIA1.73%
    BUILDING0.52%ENGINEERING1.67%
    T0.52%LONDON1.60%
    ASSOCIATES0.52%GLOBAL1.46%
    BUSINESS0.52%J1.44%
    IT0.52%CARE1.44%
    B0.47%INVESTMENTS1.42%
    DESIGN0.47%IT1.39%
    CLEANING0.47%BUILDING1.32%
    HEATING0.47%PROPERTIES1.31%
    DEVELOPMENTS0.47%ELECTRICAL1.30%
    ENGINEERING0.47%M1.27%
    CONSTRUCTION0.47%S1.23%
    CARE0.47%ENTERPRISES1.20%
    TRADING0.42%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied518202,072
    7487 - Other business activities14660,758
    70229 - Management consultancy activities other than financial management7516,419
    99999 - Dormant Company7218,918
    82990 - Other business support service activities not elsewhere classified6530,647
    9999 - Dormant Company6320,111
    7414 - Business & management consultancy5313,053
    62020 - Information technology consultancy activities3510,545
    7260 - Other computer related activities327,849
    62090 - Other information technology service activities317,095
    96090 - Other service activities not elsewhere classified2710,322
    9305 - Other service activities259,063
    74990 - Non-trading company238,481
    7499 - Non-trading company2310,955
    7222 - Other software consultancy and supply227,143
    4521 - General construction & civil engineering205,928
    5530 - Restaurants195,086
    74909 - Other professional, scientific and technical activities not elsewhere classified197,835
    5263 - Other non-store retail sale171,858
    43999 - Other specialised construction activities not elsewhere classified173,050

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07650666 HITCHIN RUGBY FOOTBALL CLUB LIMITED 27 May 2011
    07648883 PEARTREE BRIDGE LODGE LIMITED 26 May 2011
    07645183 INTERNATIONAL LAW CONNECTION LTD 24 May 2011
    07640191 ECHO 80 LIMITED 19 May 2011
    07637536 P.N. COOK LTD 17 May 2011
    07636758 WESTY PHOTOGRAPHY LTD 17 May 2011
    07627384 BELINDA CROWE LIMITED 09 May 2011
    07619397 ARMOUR SECURITY SERVICES LTD 03 May 2011
    07619052 PALETTE SPECTRUM TRADING LTD 03 May 2011
    07618485 TRG WALKER LTD 03 May 2011
    07632982 MAD KNIGHT CASTINGS LTD 13 May 2011
    07631741 COLLINS CREATIVE CONSULTING LTD 12 May 2011
    07630402 ADAM CHAMBERS LTD 11 May 2011
    07644364 RISKSMART SYSTEMS LTD 23 May 2011
    07622717 PAUL AND SON (RETAIL) LTD 05 May 2011
    OC364602 MODEL AVENIR LLP 13 May 2011
    07646518 RUFUS NASH LIMITED 25 May 2011
    07641727 WOLLERY ASSOCIATES LTD 20 May 2011
    07634332 DROPZONE BUILDING SERVICES LIMITED 16 May 2011
    07638920 SOULDROP TECHNOLOGIES LIMITED 18 May 2011
    07631509 NICE FAMILY CONSULTANTS LIMITED 12 May 2011
    07630829 SIDESHOW BROADCAST LIMITED 11 May 2011
    07624121 SHAKESPEARE DAVENPORT LIMITED 06 May 2011
    07637465 MPH PROJECT DEVELOPMENT LIMITED 17 May 2011
    07633862 EUROPEAN AND NEW WORLD WINE AGENCIES LIMITED 13 May 2011