Bedford, Bedfordshire
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Bedford when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Bedford when compared to any half year in history.
- Q2 2014 saw a new record in company registrations in Bedford when compared to any previous Q2.
- Q2 2014 was a record quarter for company registrations in Bedford when compared to any quarter in history.
- June 2014 saw a new record in company registrations in Bedford when compared to any previous June.
- May 2014 saw a new record in company registrations in Bedford when compared to any previous May.
- April 2014 saw a new record in company registrations in Bedford when compared to any previous April.
- April 2014 was a record month for company registrations in Bedford when compared to any month in history.
- April 2014 saw a new record in net growth in Bedford when compared to any previous April.
- April 2014 was a record month for net growth in Bedford when compared to any month in history.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Bedford when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Bedford when compared to any half year in history.
In the first half of 2014 a total of 927 companies were formed in Bedford. This figure is 13.2% higher than last year, which compares well to the UK wide figure of 11.6%.
The highest total for a first half year in Bedford occurred in 2014 when a total of 927 were formed.
Half Year (Jan-Jun) Bedford UK 2014 927 300,731 2013 819 269,432 % change 13.2% 11.6% Record Year 2014 (927) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Bedford when compared to any previous Q2.
Q2 2014 was a record quarter for company registrations in Bedford when compared to any quarter in history.
A total of 476 companies were registered in Bedford during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 22.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Bedford UK 2014 476 150,009 2013 389 134,630 % change 22.4% 11.4% Record Year 2014 (476) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in Bedford when compared to any previous June.
May 2014 saw a new record in company registrations in Bedford when compared to any previous May.
April 2014 saw a new record in company registrations in Bedford when compared to any previous April.
April 2014 was a record month for company registrations in Bedford when compared to any month in history.
New Companies by Month
April May June New companies in 2014 175 149 152 New companies in 2013 146 133 110 % change 19.9% 12.0% 38.2% Record Year 2014 (175) 2014 (149) 2014 (152)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 505 companies were dissolved in Bedford. This figure is 14.3% higher than last year, which compares badly to the UK wide change of 14.2%.
The highest total for a first half year in Bedford occurred in 2009 when a total of 716 were closed.
Half Year (Jan-Jun) Bedford UK 2014 505 177,207 2013 442 155,192 % change 14.3% 14.2% Record Year 2009 (716) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 278 companies were dissolved in Bedford during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 33.7% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Bedford UK 2014 278 94,837 2013 208 77,278 % change 33.7% 22.7% Record Year 2009 (445) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 57 120 101 Closed companies in 2013 68 63 77 % change -16.2% 90.5% 31% Record Year 2009 (129) 2009 (195) 2009 (121)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Bedford increased by 422 companies.
Half Year (Jan-Jun) Bedford UK 2014 422 123,524 2013 377 114,240 Record Year 2003 (469) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Bedford during the second quarter of 2014 (Apr 2014 - Jun 2014) was 198 companies.
second quarter (Apr 2014 - Jun 2014) Bedford UK 2014 198 55,172 2013 181 57,352 Record Year 2014 (198) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in net growth in Bedford when compared to any previous April.
April 2014 was a record month for net growth in Bedford when compared to any month in history.
Net Growth by Month
April May June Net growth in 2014 118 29 51 Net growth in 2013 78 70 33 Record Year 2014 (118) 2003 (77) 2008 (70)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Bedford formed 0.3% of all UK companies. This is the same as the 2013 figure of 0.3%.
Half Year (Jan-Jun) Bedford 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1994 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Bedford formed 0.3% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Bedford 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1991 (0.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.3% 0.3% 0.3% % change 8.1% 3.4% 19.7% Record Year 1978 (0.5%) 1987 (0.6%) 1992 (0.3%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 43.5.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 42.8.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Bedford was 2005 when 34.2% of all directors were female.
29.4% of all director appointments in Bedford in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Bedford was in 2005 when 36.1% of all directors were female.
30.7% of all director appointments in Bedford in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.57% CONSULTING 5.16% CONSULTING 1.49% MANAGEMENT 4.64% PROPERTY 1.33% CONSULTANCY 3.50% MANAGEMENT 1.20% PROPERTY 2.66% BEDFORD 1.16% TRADING 2.03% CARE 0.99% ENGINEERING 1.99% CONSULTANTS 0.91% CONSTRUCTION 1.93% J 0.62% LONDON 1.93% ENGINEERING 0.58% CARE 1.85% BUILDING 0.54% DESIGN 1.75% HEALTHCARE 0.54% CONSULTANTS 1.73% TRANSPORT 0.54% BUSINESS 1.69% C 0.54% PROPERTIES 1.63% S 0.54% TRANSPORT 1.58% ASSOCIATES 0.54% GLOBAL 1.55% RV 0.54% INVESTMENTS 1.55% BUSINESS 0.50% J 1.51% R 0.50% ASSOCIATES 1.48% M 0.50% MEDIA 1.44% ELECTRICAL 0.46% ELECTRICAL 1.40% INVESTMENTS 0.46% IT 1.33% SECURITY 0.46% DEVELOPMENTS 1.33% IT 0.41% BUILDING 1.26% TRADING 0.41% M 1.24% PROPERTIES 0.41% CO., 1.20%
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 634 261,557 70229 - Management consultancy activities other than financial management 157 40,250 99999 - Dormant Company 150 48,436 82990 - Other business support service activities not elsewhere classified 96 57,421 62020 - Information technology consultancy activities 95 29,029 96090 - Other service activities not elsewhere classified 78 28,352 74909 - Other professional, scientific and technical activities not elsewhere classified 65 19,058 62090 - Other information technology service activities 47 13,024 86900 - Other human health activities 46 11,292 41100 - Development of building projects 41 10,527 43999 - Other specialised construction activities not elsewhere classified 35 8,533 47910 - Retail sale via mail order houses or via Internet 35 9,900 49410 - Freight transport by road 34 9,265 45200 - Maintenance and repair of motor vehicles 34 5,375 43390 - Other building completion and finishing 31 5,855 56101 - Licensed restaurants 30 8,585 96020 - Hairdressing and other beauty treatment 30 6,631 62012 - Business and domestic software development 28 9,834 47990 - Other retail sale not in stores, stalls or markets 27 6,286 41202 - Construction of domestic buildings 24 7,053
Recent Companies
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Randomly selected companies from this quarter
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