Bedford, Bedfordshire

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Bedford when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Bedford when compared to any previous September.
  • September 2014 was a record month for company registrations in Bedford when compared to any month in history.
  • July 2014 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 2014)

    Q3 2014 saw a new record in company registrations in Bedford when compared to any previous Q3.

    A total of 445 companies were registered in Bedford during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 29.0% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)BedfordUK
    2014445143,414
    2013345132,684
    % change29.0%8.1%
    Record Year 2014 (445) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    September 2014 saw a new record in company registrations in Bedford when compared to any previous September.

    September 2014 was a record month for company registrations in Bedford when compared to any month in history.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014145120180
    New companies in 2013129108108
    % change12.4%11.1%66.7%
    Record Year2005 (146)2011 (128)2014 (180)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 318 companies were dissolved in Bedford during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 38.3% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)BedfordUK
    2014318101,670
    201323086,170
    % change38.3%18.0%
    Record Year 2009 (331) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Bedford when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 201414467107
    Closed companies in 2013925583
    % change56.5%21.8%29%
    Record Year2014 (144)2008 (141)2009 (147)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Bedford during the third quarter of 2014 (Jul 2014 - Sep 2014) was 127 companies.

    third quarter (Jul 2014 - Sep 2014)BedfordUK
    201412741,744
    201311546,514
    Record Year 2005 (230) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201415373
    Net growth in 2013375325
    Record Year2005 (107)2011 (66)2005 (85)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Bedford formed 0.3% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Bedford
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1990 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.3%0.3%0.4%
    UK formation share in 20130.3%0.3%0.2%
    % change2.1%5.9%52.9%
    Record Year2005 (0.5%)1971 (0.5%)1990 (0.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 44.6.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Bedford was in 2010 when 30.1% of all directors were female.

    29.8% of all director appointments in Bedford in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.54%CONSULTING5.17%
    CONSULTANCY1.46%MANAGEMENT4.63%
    BEDFORD1.14%CONSULTANCY3.55%
    PROPERTY1.14%PROPERTY2.62%
    MANAGEMENT1.10%ENGINEERING2.07%
    CARE1.06%CONSTRUCTION2.05%
    CONSULTANTS0.95%TRADING2.00%
    J0.71%LONDON1.95%
    TRANSPORT0.67%CARE1.94%
    ENGINEERING0.63%TRANSPORT1.76%
    S0.63%DESIGN1.70%
    ASSOCIATES0.63%CONSULTANTS1.70%
    M0.55%PROPERTIES1.63%
    HEALTHCARE0.55%BUSINESS1.62%
    BUILDING0.55%J1.53%
    ELECTRICAL0.51%ELECTRICAL1.53%
    CONSTRUCTION0.51%GLOBAL1.51%
    RV0.51%INVESTMENTS1.50%
    C0.47%ASSOCIATES1.48%
    R0.47%MEDIA1.38%
    (BEDFORD)0.47%CO.,1.36%
    DESIGN0.47%DEVELOPMENTS1.35%
    INVESTMENTS0.43%BUILDING1.30%
    DEVELOPMENTS0.43%IT1.30%
    HEALTH0.43%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied664278,481
    70229 - Management consultancy activities other than financial management15140,717
    99999 - Dormant Company14848,286
    62020 - Information technology consultancy activities9129,313
    82990 - Other business support service activities not elsewhere classified9057,264
    96090 - Other service activities not elsewhere classified7528,224
    74909 - Other professional, scientific and technical activities not elsewhere classified6218,890
    62090 - Other information technology service activities4812,795
    86900 - Other human health activities4711,807
    49410 - Freight transport by road419,960
    41100 - Development of building projects3810,604
    47910 - Retail sale via mail order houses or via Internet389,914
    43999 - Other specialised construction activities not elsewhere classified378,501
    56101 - Licensed restaurants358,546
    47990 - Other retail sale not in stores, stalls or markets306,327
    45200 - Maintenance and repair of motor vehicles305,335
    41202 - Construction of domestic buildings277,151
    62012 - Business and domestic software development259,675
    96020 - Hairdressing and other beauty treatment256,630
    43210 - Electrical installation245,922

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09169623 HEDONSOFTWARE LIMITED 11 Aug 2014
    09170861 P.A.ID STRATEGIES LIMITED 11 Aug 2014
    09175562 PEDLEY BAR LTD 14 Aug 2014
    09187209 THEBROADWAYBEAUTYUK LTD 22 Aug 2014
    09189991 OUI 3 SINGHS PRODUCTION LTD 28 Aug 2014
    09195218 TVR 101 LIMITED 29 Aug 2014
    09183722 MIGANGA LTD 20 Aug 2014
    09186152 CONCEPT13 LIMITED 21 Aug 2014
    09186551 AALICAN ASSOCIATES LTD 22 Aug 2014
    09186887 INFORMATION TECHNOLOGY LTD 22 Aug 2014
    09192189 MATHIAS DEVELOPMENTS LIMITED 29 Aug 2014
    09157286 HAYER HAULAGE LTD 01 Aug 2014
    OC394764 MEMBRANE LABS LLP 12 Aug 2014
    09183535 SARRO PROPERTIES LIMITED 20 Aug 2014
    09193772 BEAN AND GONE OF BEDFORD LIMITED 29 Aug 2014
    09196724 OLUWAJOBA LTD 30 Aug 2014
    09196795 KNR ELECTRICS LTD 30 Aug 2014
    09172649 M RODD ELECTRICAL LIMITED 12 Aug 2014
    09163346 NAMIA LTD 06 Aug 2014
    09167001 HANKINS HIRE LIMITED 07 Aug 2014
    09185187 HORBERG & CO HOLDINGS LTD 21 Aug 2014
    09186384 CHERRYBROOK NEWS LIMITED 22 Aug 2014
    09196820 ROWGO LTD 30 Aug 2014
    09156588 S-BOX LIMITED 01 Aug 2014
    09156779 INTERIOR DESIGN BY HOT HOUSE LTD 01 Aug 2014