Bedford, Bedfordshire

Q3 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • July 2013 saw a new record in company closures in Bedford when compared to any previous July.

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 (Q3 Jul-Sep 2013)

    A total of 345 companies were registered in Bedford during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is a decrease of 4.2% versus the same period last year (Q3 2012). This figure compares badly to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)BedfordUK
    2013345132,684
    2012360118,868
    % change-4.2%11.6%
    Record Year 2005 (365) 2013 (132,684)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2013129108108
    New companies in 2012131122107
    % change-1.5%-11.5%0.9%
    Record Year2005 (146)2011 (128)2005 (127)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2013)

    A total of 230 companies were dissolved in Bedford during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 18.6% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)BedfordUK
    201323086,170
    201219475,908
    % change18.6%13.5%
    Record Year 2009 (331) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    July 2013 saw a new record in company closures in Bedford when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2013925583
    Closed companies in 2012676958
    % change37.3%-20.3%43%
    Record Year2013 (92)2008 (141)2009 (147)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2013)

    Net company growth for Bedford during the third quarter of 2013 (Jul 2013 - Sep 2013) was 115 companies.

    third quarter (Jul 2013 - Sep 2013)BedfordUK
    201311546,514
    201216642,960
    Record Year 2005 (230) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2013375325
    Net growth in 2012645349
    Record Year2005 (107)2011 (66)2005 (85)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2013)

    In the third quarter of 2013, Bedford formed 0.3% of all UK companies.

    third quarter (Jul 2013 - Sep 2013)Bedford
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960) 1990 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.3%0.3%0.2%
    UK formation share in 20120.3%0.3%0.3%
    % change-11.9%-18.8%-11.5%
    Record Year2005 (0.5%)1971 (0.5%)1990 (0.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The average age of a director in the third quarter of 2013 was 43.1.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 6.4% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The record third quarter for female directors in Bedford was in 2004 when 34.1% of all directors were female.

    23.6% of all director appointments in Bedford in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Sep 2012-Sep 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING1.76%CONSULTING5.27%
    MANAGEMENT1.40%MANAGEMENT4.75%
    PROPERTY1.13%CONSULTANCY3.45%
    CONSULTANCY1.08%PROPERTY2.53%
    BEDFORD0.95%TRADING2.08%
    CARE0.90%ENGINEERING1.83%
    DESIGN0.72%LONDON1.79%
    CONSTRUCTION0.72%DESIGN1.78%
    BUSINESS0.68%BUSINESS1.74%
    J0.68%CONSTRUCTION1.70%
    ASSOCIATES0.63%CONSULTANTS1.69%
    ENGINEERING0.63%CARE1.64%
    C0.63%ASSOCIATES1.61%
    DEVELOPMENTS0.54%GLOBAL1.59%
    IT0.54%J1.54%
    (BEDFORD)0.54%MEDIA1.54%
    HOUSE0.50%INVESTMENTS1.53%
    PROJECT0.50%PROPERTIES1.45%
    S0.50%IT1.39%
    CONSULTANTS0.50%M1.25%
    PROPERTIES0.50%ELECTRICAL1.20%
    HEALTH0.50%BUILDING1.19%
    TRAINING0.45%CAPITAL1.19%
    SYSTEMS0.45%DEVELOPMENTS1.16%
    B0.45%TRAINING1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied635260,135
    70229 - Management consultancy activities other than financial management15034,970
    99999 - Dormant Company13746,169
    82990 - Other business support service activities not elsewhere classified9754,854
    62020 - Information technology consultancy activities9026,675
    96090 - Other service activities not elsewhere classified8025,547
    74909 - Other professional, scientific and technical activities not elsewhere classified6217,715
    62090 - Other information technology service activities4712,516
    86900 - Other human health activities359,203
    74990 - Non-trading company3314,228
    56101 - Licensed restaurants327,531
    41100 - Development of building projects329,271
    43999 - Other specialised construction activities not elsewhere classified297,590
    43390 - Other building completion and finishing295,382
    49410 - Freight transport by road296,904
    47910 - Retail sale via mail order houses or via Internet288,475
    96020 - Hairdressing and other beauty treatment255,859
    62012 - Business and domestic software development259,104
    85590 - Other education not elsewhere classified255,576
    47990 - Other retail sale not in stores, stalls or markets245,706

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08633826 UNIQUE FUSION LIMITED 01 Aug 2013
    08640454 VICTORIAN MANORS LTD 06 Aug 2013
    08643098 CENTRAL CARS BEDFORD LTD 08 Aug 2013
    08647307 CROUCHERS LIMITED 12 Aug 2013
    08648151 I&M ENTERPRISES LIMITED 13 Aug 2013
    08649132 PERFECT DAY PRODUCTIONS LIMITED 13 Aug 2013
    08655067 SATIN NIGHTLIFE LTD 19 Aug 2013
    08659421 SOFT TECH GLOBAL SOLUTIONS LIMITED 21 Aug 2013
    08660383 TSIMAS CLEANING SERVICES LIMITED 22 Aug 2013
    08663233 FAIRWAY CHIPPY LIMITED 27 Aug 2013
    08667847 ADEDITORIAL LTD 29 Aug 2013
    08670198 HVN LTD 30 Aug 2013
    08634513 BEDFORD VEHICLE ENGINEERING LTD 01 Aug 2013
    08649146 JOHOUNIVERSE LTD 13 Aug 2013
    08650806 PARK HILL MANAGEMENT (AMPTHILL) LIMITED 14 Aug 2013
    08661967 O'BRIEN BUTCHERS LTD 23 Aug 2013
    08667715 SHORTCUTS CHILDRENS SALON LTD 29 Aug 2013
    08634422 4N6 LIMITED 01 Aug 2013
    08654406 R & S BARNWELL LTD 16 Aug 2013
    08653144 DEASY RADIOLOGY SERVICES LIMITED 16 Aug 2013
    08657405 ZEVEN XPONENTIAL LIMITED 20 Aug 2013
    08664577 INSPIRATION PHARMA LTD 27 Aug 2013
    08647182 WHITE RHINO SOLUTIONS LIMITED 12 Aug 2013
    08648798 CAFEX COMMUNICATIONS LTD 13 Aug 2013
    08650253 WHYTESTONE CONSULTING LTD 14 Aug 2013