Bedford, Bedfordshire
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in Bedford when compared to any previous Q1.
- Q1 2014 was a record quarter for company registrations in Bedford when compared to any quarter in history.
- February 2014 saw a new record in company registrations in Bedford when compared to any previous February.
- January 2014 saw a new record in company registrations in Bedford when compared to any previous January.
- January 2014 saw a new record in net growth in Bedford when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Bedford when compared to any previous Q1.
Q1 2014 was a record quarter for company registrations in Bedford when compared to any quarter in history.
A total of 451 companies were registered in Bedford during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 4.9% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Bedford UK 2014 451 150,722 2013 430 134,802 % change 4.9% 11.8% Record Year 2014 (451) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company registrations in Bedford when compared to any previous February.
January 2014 saw a new record in company registrations in Bedford when compared to any previous January.
New Companies by Month
January February March New companies in 2014 145 151 155 New companies in 2013 125 137 168 % change 16.0% 10.2% -7.7% Record Year 2014 (145) 2014 (151) 2013 (168)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 227 companies were dissolved in Bedford during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 3.0% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Bedford UK 2014 227 82,370 2013 234 77,914 % change -3.0% 5.7% Record Year 2009 (271) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 56 79 92 Closed companies in 2013 87 85 62 % change -35.6% -7.1% 48% Record Year 2011 (100) 2012 (100) 2009 (183)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Bedford during the first quarter of 2014 (Jan 2014 - Mar 2014) was 224 companies.
first quarter (Jan 2014 - Mar 2014) Bedford UK 2014 224 68,352 2013 196 56,888 Record Year 2014 (224) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
January 2014 saw a new record in net growth in Bedford when compared to any previous January.
Net Growth by Month
January February March Net growth in 2014 89 72 63 Net growth in 2013 38 52 106 Record Year 2014 (89) 2003 (91) 2013 (106)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Bedford formed 0.3% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Bedford 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1993 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.3% 0.3% 0.4% % change 8.5% 1.8% -23.0% Record Year 1987 (0.5%) 1996 (0.5%) 1985 (0.4%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 44.3.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Bedford was in 2013 when 35.9% of all directors were female.
28.0% of all director appointments in Bedford in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.52% CONSULTING 5.22% PROPERTY 1.39% MANAGEMENT 4.67% CONSULTANCY 1.26% CONSULTANCY 3.49% CARE 1.17% PROPERTY 2.64% MANAGEMENT 1.13% TRADING 2.05% BEDFORD 0.96% LONDON 1.88% C 0.87% ENGINEERING 1.86% BUSINESS 0.74% CARE 1.79% J 0.70% CONSTRUCTION 1.75% CONSULTANTS 0.65% DESIGN 1.75% R 0.61% CONSULTANTS 1.73% RV 0.57% BUSINESS 1.71% S 0.57% PROPERTIES 1.60% ASSOCIATES 0.57% INVESTMENTS 1.60% TRANSPORT 0.52% GLOBAL 1.58% ENGINEERING 0.52% J 1.48% TRAINING 0.52% ASSOCIATES 1.48% CAR 0.48% MEDIA 1.48% TRADING 0.48% IT 1.33% PROPERTIES 0.48% TRANSPORT 1.30% DESIGN 0.48% DEVELOPMENTS 1.29% SECURITY 0.48% BUILDING 1.24% HEALTHCARE 0.48% M 1.21% CONSTRUCTION 0.43% CAPITAL 1.20% D 0.43% ELECTRICAL 1.19%
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 705 280,210 70229 - Management consultancy activities other than financial management 157 37,882 99999 - Dormant Company 126 47,084 62020 - Information technology consultancy activities 95 27,750 82990 - Other business support service activities not elsewhere classified 86 56,411 96090 - Other service activities not elsewhere classified 76 26,700 74909 - Other professional, scientific and technical activities not elsewhere classified 63 18,491 62090 - Other information technology service activities 49 12,813 86900 - Other human health activities 41 10,273 41100 - Development of building projects 40 9,855 43999 - Other specialised construction activities not elsewhere classified 35 8,155 47910 - Retail sale via mail order houses or via Internet 32 9,358 56101 - Licensed restaurants 31 7,965 62012 - Business and domestic software development 30 9,509 45200 - Maintenance and repair of motor vehicles 29 5,130 43390 - Other building completion and finishing 29 5,521 96020 - Hairdressing and other beauty treatment 28 6,236 49410 - Freight transport by road 27 8,014 85590 - Other education not elsewhere classified 27 5,876 47990 - Other retail sale not in stores, stalls or markets 25 5,988
Recent Companies
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Randomly selected companies from this quarter
reports
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