Bedford, Bedfordshire
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Bedford when compared to any year in history.
- Q4 2011 saw a new record in company registrations in Bedford when compared to any previous Q4.
Contents
New Company Registrations
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Annual Data (2011)
2011 was a record year for company registrations in Bedford when compared to any year in history.
A total of 1,306 companies were formed in Bedford in 2011. This total is 7.8% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Bedford UK 2011 1,306 452,870 2010 1,212 400,358 2009 1,156 362,675 2008 1,088 349,203 2007 1,208 457,649 Record Year 2011 (1,306) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 631 companies were formed in Bedford. This figure is 7.1% higher than last year, which compares badly to the UK wide figure of 14.0%.
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 2011 631 224,135 2010 589 196,609 % change 7.1% 14.0% Record Year 2005 (633) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company registrations in Bedford when compared to any previous Q4.
A total of 304 companies were registered in Bedford during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 13.0% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Bedford UK 2011 304 109,623 2010 269 95,117 % change 13.0% 15.3% Record Year 2011 (304) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 110 111 83 New companies in 2010 103 104 62 % change 6.8% 6.7% 33.9% Record Year 2005 (116) 2009 (119) 2008 (84)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 785 companies were dissolved in Bedford in 2011. This total is 9.7% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Bedford UK 2011 785 314,523 2010 869 342,232 2009 1,270 533,773 2008 563 237,901 2007 724 220,295 Record Year 2009 (1,270) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 371 companies were dissolved in Bedford. This figure is 11.5% lower than last year, which compares well to the UK wide change of -7.5%.
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 2011 371 152,213 2010 419 164,601 % change -11.5% -7.5% Record Year 2009 (554) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 186 companies were dissolved in Bedford during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 4.6% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Bedford UK 2011 186 79,983 2010 195 76,896 % change -4.6% 4.0% Record Year 2009 (223) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 38 77 71 Closed companies in 2010 65 90 40 % change -41.5% -14.4% 78% Record Year 2009 (70) 2010 (90) 2009 (86)
Net Company Growth
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Annual Data (2011)
A total of 521 companies were added to the company register for Bedford in 2011. This number represents growth of 43.0% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 178 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 2011 521 138,347 2010 343 58,126 2009 -114 -171,098 2008 525 111,302 2007 484 237,354 Record Year 2003 (802) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Bedford increased by 260 companies.
Half Year (Jul-Dec) Bedford UK 2011 260 71,922 2010 170 32,008 Record Year 2005 (341) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Bedford during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 118 companies.
fourth quarter (Oct 2011 - Dec 2011) Bedford UK 2011 118 29,640 2010 74 18,221 Record Year 2003 (187) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 72 34 12 Net growth in 2010 38 14 22 Record Year 2008 (83) 2003 (66) 2003 (54)
UK Company Share
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Annual Data (2011)
In 2011 Bedford formed 0.3% of all UK companies. This is no change on 2010 when Bedford was responsible for 0.3% of all UK companies.
Year Bedford 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% Record Year (since 1960) 1965 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Bedford formed 0.3% of all UK companies. This is the same as the 2010 figure of 0.3%.
Half Year (Jul-Dec) Bedford 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% Record Year (since 1960) 1965 (0.7%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Bedford formed 0.3% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Bedford 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.3% Record Year (since 1960) 1968 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.3% 0.3% 0.3% UK formation share in 2010 0.3% 0.3% 0.2% % change -7.2% -9.1% 18.7% Record Year 1968 (0.9%) 1965 (0.8%) 1962 (0.8%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 44.8.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 44.6.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 44.7.
The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 29.4%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Bedford was 1860 when 42.9% of all directors were female.
28.1% of all director appointments in Bedford in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Bedford was in 1977 when 31.1% of all directors were female.
27.0% of all director appointments in Bedford in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.65% CONSULTING 5.07% CONSULTING 1.60% MANAGEMENT 4.74% CONSULTANCY 1.25% CONSULTANCY 3.26% J 1.10% PROPERTY 2.37% BEDFORD 0.85% TRADING 2.07% PROPERTY 0.85% DESIGN 1.92% VENTURES 0.70% ASSOCIATES 1.86% (BEDFORD) 0.70% ENGINEERING 1.78% D 0.65% BUSINESS 1.78% CONSULTANTS 0.65% CONSULTANTS 1.76% ENGINEERING 0.65% CONSTRUCTION 1.73% ASSOCIATES 0.65% MEDIA 1.71% DESIGN 0.60% LONDON 1.63% S 0.60% J 1.51% BUILDING 0.55% INVESTMENTS 1.48% CO 0.55% GLOBAL 1.46% ACADEMY 0.55% IT 1.41% IT 0.50% CARE 1.39% CARS 0.50% PROPERTIES 1.29% M 0.50% ELECTRICAL 1.29% INTERNATIONAL 0.45% M 1.27% B 0.45% BUILDING 1.26% SYSTEMS 0.45% ENERGY 1.25% SECURITY 0.40% S 1.20% TRADING 0.40% ENTERPRISES 1.20%
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 520 205,525 7487 - Other business activities 143 57,052 70229 - Management consultancy activities other than financial management 79 17,765 99999 - Dormant Company 77 21,846 82990 - Other business support service activities not elsewhere classified 73 32,483 9999 - Dormant Company 61 20,199 7414 - Business & management consultancy 49 13,034 62020 - Information technology consultancy activities 37 12,072 96090 - Other service activities not elsewhere classified 35 11,768 7499 - Non-trading company 34 9,957 62090 - Other information technology service activities 34 7,493 7260 - Other computer related activities 32 7,667 74990 - Non-trading company 27 8,929 7222 - Other software consultancy and supply 25 7,398 9305 - Other service activities 23 9,492 43220 - Plumbing, heat and air-conditioning installation 22 2,372 74909 - Other professional, scientific and technical activities not elsewhere classified 19 8,671 4521 - General construction & civil engineering 19 5,558 43390 - Other building completion and finishing 17 2,832 43999 - Other specialised construction activities not elsewhere classified 17 3,342
Recent Companies
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Randomly selected companies from this quarter
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