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

  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 (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)BedfordUK
    2014451150,722
    2013430134,802
    % change4.9%11.8%
    Record Year 2014 (451) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2014145151155
    New companies in 2013125137168
    % change16.0%10.2%-7.7%
    Record Year2014 (145)2014 (151)2013 (168)

Closed Companies (dissolved)

  1. 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)BedfordUK
    201422782,370
    201323477,914
    % change-3.0%5.7%
    Record Year 2009 (271) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014567992
    Closed companies in 2013878562
    % change-35.6%-7.1%48%
    Record Year2011 (100)2012 (100)2009 (183)

Net Company Growth

  1. 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)BedfordUK
    201422468,352
    201319656,888
    Record Year 2014 (224) 2007 (111,282)
    Net Growth by Quarter
  2. 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
    JanuaryFebruaryMarch
    Net growth in 2014897263
    Net growth in 20133852106
    Record Year2014 (89)2003 (91)2013 (106)

UK Company Share

  1. 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
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1993 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.3%0.3%0.4%
    % change8.5%1.8%-23.0%
    Record Year1987 (0.5%)1996 (0.5%)1985 (0.4%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING1.52%CONSULTING5.22%
    PROPERTY1.39%MANAGEMENT4.67%
    CONSULTANCY1.26%CONSULTANCY3.49%
    CARE1.17%PROPERTY2.64%
    MANAGEMENT1.13%TRADING2.05%
    BEDFORD0.96%LONDON1.88%
    C0.87%ENGINEERING1.86%
    BUSINESS0.74%CARE1.79%
    J0.70%CONSTRUCTION1.75%
    CONSULTANTS0.65%DESIGN1.75%
    R0.61%CONSULTANTS1.73%
    RV0.57%BUSINESS1.71%
    S0.57%PROPERTIES1.60%
    ASSOCIATES0.57%INVESTMENTS1.60%
    TRANSPORT0.52%GLOBAL1.58%
    ENGINEERING0.52%J1.48%
    TRAINING0.52%ASSOCIATES1.48%
    CAR0.48%MEDIA1.48%
    TRADING0.48%IT1.33%
    PROPERTIES0.48%TRANSPORT1.30%
    DESIGN0.48%DEVELOPMENTS1.29%
    SECURITY0.48%BUILDING1.24%
    HEALTHCARE0.48%M1.21%
    CONSTRUCTION0.43%CAPITAL1.20%
    D0.43%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied705280,210
    70229 - Management consultancy activities other than financial management15737,882
    99999 - Dormant Company12647,084
    62020 - Information technology consultancy activities9527,750
    82990 - Other business support service activities not elsewhere classified8656,411
    96090 - Other service activities not elsewhere classified7626,700
    74909 - Other professional, scientific and technical activities not elsewhere classified6318,491
    62090 - Other information technology service activities4912,813
    86900 - Other human health activities4110,273
    41100 - Development of building projects409,855
    43999 - Other specialised construction activities not elsewhere classified358,155
    47910 - Retail sale via mail order houses or via Internet329,358
    56101 - Licensed restaurants317,965
    62012 - Business and domestic software development309,509
    45200 - Maintenance and repair of motor vehicles295,130
    43390 - Other building completion and finishing295,521
    96020 - Hairdressing and other beauty treatment286,236
    49410 - Freight transport by road278,014
    85590 - Other education not elsewhere classified275,876
    47990 - Other retail sale not in stores, stalls or markets255,988

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08918178 UNLEASH TRAINING LIMITED 03 Mar 2014
    08920308 C & S PROPERTY SOLUTIONS LTD 03 Mar 2014
    08922048 INNOVATIVE ADVISORS (UK) LIMITED 04 Mar 2014
    08922080 PERFECTED LTD 04 Mar 2014
    08928991 AMPTHILL FESTIVAL CIC 07 Mar 2014
    08929307 SANDY AIRFIELD LIMITED 07 Mar 2014
    08935022 CAPITAL CONCRETE CONSTRUCTION LTD 12 Mar 2014
    08935744 RED DOOR DIGITAL CONSULTANCY LTD 12 Mar 2014
    08936149 BRAND RAVEN LTD 12 Mar 2014
    08936662 CAPITAL II LIMITED 13 Mar 2014
    08948969 TRANS ASIA LIMITED 20 Mar 2014
    08953220 POLISH HOUSE CULTURAL CENTRE CIC 21 Mar 2014
    08953310 HOOTON CONSULTANTS LIMITED 21 Mar 2014
    08961741 RV FINANCIAL LTD 27 Mar 2014
    08967937 HUGHES PRODUCTION CONSULTANTS LTD 31 Mar 2014
    08942598 JOAN RUDO LTD 17 Mar 2014
    08946486 NGOBILAP CONSULTANCY LTD 19 Mar 2014
    08956917 TRISTAN HCW LTD 25 Mar 2014
    08962709 MONKSGATE BUSINESS SERVICES LIMITED 27 Mar 2014
    08965223 HEALTHY BOARD SERVICES LTD 28 Mar 2014
    08966989 VSB HEALTHCARE LTD 31 Mar 2014
    08918831 RECOVERY RESOURCES LIMITED 03 Mar 2014
    08939528 ITRANSPORT (UK) LTD 14 Mar 2014
    08942206 KRYSTAL 3 LIMITED 17 Mar 2014
    08921152 AC PROJECT DEVELOPER LIMITED 04 Mar 2014