Bedford, Bedfordshire
2013 Annual 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
- 2013 was a record year for company registrations in Bedford when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Bedford when compared to any previous second half year.
- Q4 2013 saw a new record in company registrations in Bedford when compared to any previous Q4.
- December 2013 saw a new record in company registrations in Bedford when compared to any previous December.
- October 2013 saw a new record in company registrations in Bedford when compared to any previous October.
- December 2013 saw a new record in company closures in Bedford when compared to any previous December.
- November 2013 saw a new record in company closures in Bedford when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Bedford when compared to any year in history.
A total of 1,533 companies were formed in Bedford in 2013. This total is 7.7% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Bedford UK 2013 1,533 529,363 2012 1,424 491,893 2011 1,306 452,870 2010 1,212 400,358 2009 1,156 362,675 Record Year 2013 (1,533) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Bedford when compared to any previous second half year.
In the second half of 2013 a total of 714 companies were formed in Bedford. This figure is 4.5% higher than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Bedford occurred in 2013 when a total of 714 were formed.
Half Year (Jul-Dec) Bedford UK 2013 714 259,931 2012 683 238,743 % change 4.5% 8.9% Record Year 2013 (714) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in Bedford when compared to any previous Q4.
A total of 369 companies were registered in Bedford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 14.2% versus the same period last year (Q4 2012). This figure compares equally to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Bedford UK 2013 369 127,247 2012 323 119,875 % change 14.2% 6.1% Record Year 2013 (369) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company registrations in Bedford when compared to any previous December.
October 2013 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 2013 145 111 113 New companies in 2012 127 113 83 % change 14.2% -1.8% 36.1% Record Year 2013 (145) 2009 (119) 2013 (113)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 950 companies were dissolved in Bedford in 2013. This total is 6.6% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.
Year Bedford UK 2013 950 332,213 2012 891 293,729 2011 784 314,524 2010 869 342,233 2009 1,270 533,789 Record Year 2009 (1,270) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 508 companies were dissolved in Bedford. This figure is 25.7% higher than last year, which compares badly to the UK wide change of 21.3%.
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 2013 508 177,021 2012 404 145,935 % change 25.7% 21.3% Record Year 2009 (554) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 278 companies were dissolved in Bedford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 32.4% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Bedford UK 2013 278 90,851 2012 210 70,027 % change 32.4% 29.7% Record Year 2013 (278) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company closures in Bedford when compared to any previous December.
November 2013 saw a new record in company closures in Bedford when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2013 86 92 100 Closed companies in 2012 104 66 40 % change -17.3% 39.4% 150% Record Year 2012 (104) 2013 (92) 2013 (100)
Net Company Growth
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Annual Data (2013)
A total of 583 companies were added to the company register for Bedford in 2013. This number represents growth of 38.0% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 50 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2005 when the Bedford company register grew by 588 companies.
Year Bedford UK 2013 583 197,150 2012 533 198,164 2011 522 138,346 2010 343 58,125 2009 -114 -171,114 Record Year 2005 (588) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Bedford increased by 206 companies.
Half Year (Jul-Dec) Bedford UK 2013 206 82,910 2012 279 92,808 Record Year 2005 (341) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Bedford during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 91 companies.
fourth quarter (Oct 2013 - Dec 2013) Bedford UK 2013 91 36,396 2012 113 49,848 Record Year 2008 (167) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 59 19 13 Net growth in 2012 23 47 43 Record Year 2008 (83) 2003 (66) 2003 (54)
UK Company Share
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Annual Data (2013)
In 2013 Bedford formed 0.3% of all UK companies. This is no change on 2012 when Bedford was responsible for 0.3% of all UK companies.
Year Bedford 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 1993 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Bedford formed 0.3% of all UK companies. This is the same as the 2012 figure of 0.3%.
Half Year (Jul-Dec) Bedford 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 1993 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Bedford formed 0.3% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Bedford 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 2008 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.3% 0.3% 0.3% UK formation share in 2012 0.3% 0.3% 0.3% % change 6.1% -3.4% 23.8% Record Year 1995 (0.4%) 1986 (0.4%) 1999 (0.4%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 44.1.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 43.6.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 44.2.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Bedford was 1978 when 100.0% of all directors were female.
The percentage of female directors in Bedford in 2013 was 26.2%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Bedford was 2004 when 32.1% of all directors were female.
24.3% of all director appointments in Bedford in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Bedford was in 2012 when 34.3% of all directors were female.
24.9% of all director appointments in Bedford in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.57% CONSULTING 5.22% MANAGEMENT 1.27% MANAGEMENT 4.72% CONSULTANCY 1.18% CONSULTANCY 3.45% PROPERTY 1.13% PROPERTY 2.59% CARE 0.92% TRADING 2.08% BEDFORD 0.87% ENGINEERING 1.87% C 0.70% LONDON 1.86% ASSOCIATES 0.70% DESIGN 1.76% BUSINESS 0.65% CONSTRUCTION 1.73% ENGINEERING 0.65% CARE 1.73% CONSTRUCTION 0.61% BUSINESS 1.71% CONSULTANTS 0.61% CONSULTANTS 1.68% S 0.61% GLOBAL 1.58% (BEDFORD) 0.61% INVESTMENTS 1.56% TRAINING 0.61% PROPERTIES 1.54% J 0.57% ASSOCIATES 1.53% DESIGN 0.57% J 1.51% PROPERTIES 0.52% MEDIA 1.50% B 0.52% IT 1.35% DEVELOPMENT 0.48% DEVELOPMENTS 1.23% TRANSPORT 0.44% M 1.23% DEVELOPMENTS 0.44% BUILDING 1.21% IT 0.44% ELECTRICAL 1.20% R 0.44% CAPITAL 1.19% TRADING 0.39% ENERGY 1.14%
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 638 266,814 70229 - Management consultancy activities other than financial management 152 36,164 99999 - Dormant Company 120 46,762 62020 - Information technology consultancy activities 89 27,183 82990 - Other business support service activities not elsewhere classified 87 55,342 96090 - Other service activities not elsewhere classified 80 26,001 74909 - Other professional, scientific and technical activities not elsewhere classified 56 18,034 62090 - Other information technology service activities 45 12,511 86900 - Other human health activities 38 9,543 41100 - Development of building projects 36 9,485 43999 - Other specialised construction activities not elsewhere classified 34 7,823 56101 - Licensed restaurants 32 7,685 47910 - Retail sale via mail order houses or via Internet 32 8,879 43390 - Other building completion and finishing 31 5,405 74990 - Non-trading company 28 14,223 96020 - Hairdressing and other beauty treatment 28 6,000 49410 - Freight transport by road 27 7,333 47990 - Other retail sale not in stores, stalls or markets 26 5,800 85590 - Other education not elsewhere classified 25 5,698 62012 - Business and domestic software development 24 9,360
Recent Companies
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Randomly selected companies from this quarter
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