Bedford, Bedfordshire
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in Bedford when compared to any year in history.
- The second half of 2012 saw a new record in company registrations in Bedford when compared to any previous second half year.
- Q4 2012 saw a new record in company registrations in Bedford when compared to any previous Q4.
- October 2012 saw a new record in company registrations in Bedford when compared to any previous October.
- October 2012 saw a new record in company closures in Bedford when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in Bedford when compared to any year in history.
A total of 1,424 companies were formed in Bedford in 2012. This total is 9.0% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Bedford UK 2012 1,424 491,893 2011 1,306 452,870 2010 1,212 400,358 2009 1,156 362,675 2008 1,088 349,203 Record Year 2012 (1,424) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in Bedford when compared to any previous second half year.
In the second half of 2012 a total of 683 companies were formed in Bedford. This figure is 8.2% higher than last year, which compares well to the UK wide figure of 6.5%.
The highest total for a second half year in Bedford occurred in 2012 when a total of 683 were formed.
Half Year (Jul-Dec) Bedford UK 2012 683 238,743 2011 631 224,135 % change 8.2% 6.5% Record Year 2012 (683) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company registrations in Bedford when compared to any previous Q4.
A total of 323 companies were registered in Bedford during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 6.3% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Bedford UK 2012 323 119,875 2011 304 109,623 % change 6.3% 9.4% Record Year 2012 (323) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company registrations in Bedford when compared to any previous October.
New Companies by Month
October November December New companies in 2012 127 113 83 New companies in 2011 110 111 83 % change 15.5% 1.8% 0.0% Record Year 2012 (127) 2009 (119) 2008 (84)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 891 companies were dissolved in Bedford in 2012. This total is 13.6% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Bedford UK 2012 891 293,728 2011 784 314,524 2010 869 342,233 2009 1,270 533,787 2008 563 237,873 Record Year 2009 (1,270) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 404 companies were dissolved in Bedford. This figure is 9.2% higher than last year, which compares badly to the UK wide change of -4.1%.
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 2012 404 145,934 2011 370 152,213 % change 9.2% -4.1% Record Year 2009 (554) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 210 companies were dissolved in Bedford during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 13.5% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Bedford UK 2012 210 70,026 2011 185 79,983 % change 13.5% -12.4% Record Year 2009 (223) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in Bedford when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 104 66 40 Closed companies in 2011 38 76 71 % change 173.7% -13.2% -44% Record Year 2012 (104) 2010 (90) 2009 (86)
Net Company Growth
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Annual Data (2012)
A total of 533 companies were added to the company register for Bedford in 2012. This number represents growth of 40.8% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 11 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 2012 533 198,165 2011 522 138,346 2010 343 58,125 2009 -114 -171,112 2008 525 111,330 Record Year 2003 (802) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Bedford increased by 279 companies.
Half Year (Jul-Dec) Bedford UK 2012 279 92,809 2011 261 71,922 Record Year 2005 (341) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Bedford during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 113 companies.
fourth quarter (Oct 2012 - Dec 2012) Bedford UK 2012 113 49,849 2011 119 29,640 Record Year 2003 (187) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 23 47 43 Net growth in 2011 72 35 12 Record Year 2008 (83) 2003 (66) 2003 (54)
UK Company Share
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Annual Data (2012)
In 2012 Bedford formed 0.3% of all UK companies. This is no change on 2011 when Bedford was responsible for 0.3% of all UK companies.
Year Bedford 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1965 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Bedford formed 0.3% of all UK companies. This is the same as the 2011 figure of 0.3%.
Half Year (Jul-Dec) Bedford 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1965 (0.7%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Bedford formed 0.3% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Bedford 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.4% Record Year (since 1960) 1968 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.3% 0.3% 0.3% UK formation share in 2011 0.3% 0.3% 0.3% % change -3.0% -3.1% -2.7% Record Year 1968 (0.9%) 1965 (0.8%) 1962 (0.8%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 44.1.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 44.0.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 43.6.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Bedford was 1860 when 35.7% of all directors were female.
The percentage of female directors in Bedford in 2012 was 30.6%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Bedford was 1860 when 42.9% of all directors were female.
29.7% of all director appointments in Bedford in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Bedford was in 1977 when 31.2% of all directors were female.
30.9% of all director appointments in Bedford in the fourth quarter of 2012 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 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.53% CONSULTING 5.15% MANAGEMENT 1.44% MANAGEMENT 4.78% CONSULTANCY 1.39% CONSULTANCY 3.31% PROPERTY 0.93% PROPERTY 2.40% BEDFORD 0.83% TRADING 2.03% CENTRE 0.70% DESIGN 1.86% M 0.65% ASSOCIATES 1.82% ELECTRICAL 0.65% ENGINEERING 1.79% BUILDING 0.60% BUSINESS 1.76% S 0.60% CONSULTANTS 1.75% DESIGN 0.51% CONSTRUCTION 1.69% ENGINEERING 0.51% LONDON 1.69% HOME 0.51% MEDIA 1.69% MEDIA 0.51% GLOBAL 1.59% R 0.46% J 1.57% J 0.46% INVESTMENTS 1.46% D 0.46% IT 1.43% MEDICAL 0.46% CARE 1.39% (BEDFORD) 0.46% PROPERTIES 1.34% CAR 0.46% M 1.26% SECURITY 0.42% BUILDING 1.23% ROAD 0.42% ENTERPRISES 1.21% BUSINESS 0.42% TRAINING 1.18% CARE 0.42% ELECTRICAL 1.17% CONSTRUCTION 0.42% SECURITY 1.17%
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 590 236,139 70229 - Management consultancy activities other than financial management 136 30,396 82990 - Other business support service activities not elsewhere classified 120 52,427 99999 - Dormant Company 100 40,648 62020 - Information technology consultancy activities 76 23,256 96090 - Other service activities not elsewhere classified 57 22,058 62090 - Other information technology service activities 45 12,291 74909 - Other professional, scientific and technical activities not elsewhere classified 43 15,572 74990 - Non-trading company 40 13,808 7487 - Other business activities 30 10,703 43999 - Other specialised construction activities not elsewhere classified 26 6,419 43220 - Plumbing, heat and air-conditioning installation 26 4,045 56101 - Licensed restaurants 26 6,400 85590 - Other education not elsewhere classified 23 4,677 86900 - Other human health activities 23 7,866 43390 - Other building completion and finishing 23 4,882 49410 - Freight transport by road 23 5,165 41100 - Development of building projects 23 7,980 45200 - Maintenance and repair of motor vehicles 22 4,290 47910 - Retail sale via mail order houses or via Internet 22 6,307
Recent Companies
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Randomly selected companies from this quarter
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