Bedford, Bedfordshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Bedford when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Bedford when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Bedford when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Bedford when compared to any previous December.
- November 2014 saw a new record in company registrations in Bedford when compared to any previous November.
- October 2014 saw a new record in company registrations in Bedford when compared to any previous October.
- The second half of 2014 saw a new record in company closures in Bedford when compared to any previous second half year.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Bedford when compared to any year in history.
A total of 1,811 companies were formed in Bedford in 2014. This total is 18.1% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Bedford UK 2014 1,811 582,051 2013 1,533 529,363 2012 1,424 491,893 2011 1,306 452,870 2010 1,212 400,358 Record Year 2014 (1,811) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Bedford when compared to any previous second half year.
In the second half of 2014 a total of 884 companies were formed in Bedford. This figure is 23.8% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Bedford occurred in 2014 when a total of 884 were formed.
Half Year (Jul-Dec) Bedford UK 2014 884 281,320 2013 714 259,931 % change 23.8% 8.2% Record Year 2014 (884) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Bedford when compared to any previous Q4.
A total of 439 companies were registered in Bedford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 19.0% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bedford UK 2014 439 137,906 2013 369 127,247 % change 19.0% 8.4% Record Year 2014 (439) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Bedford when compared to any previous December.
November 2014 saw a new record in company registrations in Bedford when compared to any previous November.
October 2014 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 2014 165 146 128 New companies in 2013 145 111 113 % change 13.8% 31.5% 13.3% Record Year 2014 (165) 2014 (146) 2014 (128)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 1,086 companies were dissolved in Bedford in 2014. This total is 14.3% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Bedford UK 2014 1,086 367,937 2013 950 332,213 2012 891 293,729 2011 784 314,524 2010 869 342,233 Record Year 2009 (1,270) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Bedford when compared to any previous second half year.
In the second half of 2014 a total of 581 companies were dissolved in Bedford. This figure is 14.4% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Bedford occurred in 2014 when a total of 581 were closed.
Half Year (Jul-Dec) Bedford UK 2014 581 190,730 2013 508 177,021 % change 14.4% 7.7% Record Year 2014 (581) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 263 companies were dissolved in Bedford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 5.4% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bedford UK 2014 263 89,060 2013 278 90,851 % change -5.4% -2.0% Record Year 2013 (278) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 83 82 98 Closed companies in 2013 86 92 100 % change -3.5% -10.9% -2% Record Year 2012 (104) 2013 (92) 2013 (100)
Net Company Growth
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Annual Data (2014)
A total of 725 companies were added to the company register for Bedford in 2014. This number represents growth of 40.0% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 142 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Bedford company register grew by 725 companies.
Year Bedford UK 2014 725 214,114 2013 583 197,150 2012 533 198,164 2011 522 138,346 2010 343 58,125 Record Year 2014 (725) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Bedford increased by 303 companies.
Half Year (Jul-Dec) Bedford UK 2014 303 90,590 2013 206 82,910 Record Year 2005 (341) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Bedford during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 176 companies.
fourth quarter (Oct 2014 - Dec 2014) Bedford UK 2014 176 48,846 2013 91 36,396 Record Year 2014 (176) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 82 64 30 Net growth in 2013 59 19 13 Record Year 2008 (83) 2003 (66) 2003 (54)
UK Company Share
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Annual Data (2014)
In 2014 Bedford formed 0.3% of all UK companies. This is no change on 2013 when Bedford was responsible for 0.3% of all UK companies.
Year Bedford 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1993 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Bedford formed 0.3% of all UK companies. This is the same as the 2013 figure of 0.3%.
Half Year (Jul-Dec) 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 Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Bedford formed 0.3% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Bedford 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 2008 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.3% 0.3% 0.3% % change 8.3% 24.9% -3.0% Record Year 1995 (0.4%) 1986 (0.4%) 1999 (0.4%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 43.7.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 44.0.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.3.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 29.3%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Bedford was 2012 when 31.5% of all directors were female.
29.2% of all director appointments in Bedford in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Bedford was in 2012 when 34.3% of all directors were female.
28.6% of all director appointments in Bedford in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.54% CONSULTING 5.22% CONSULTANCY 1.39% MANAGEMENT 4.58% CARE 1.24% CONSULTANCY 3.57% BEDFORD 1.20% PROPERTY 2.66% PROPERTY 1.20% CONSTRUCTION 2.12% MANAGEMENT 1.12% ENGINEERING 2.10% CONSULTANTS 0.96% CARE 2.02% J 0.96% TRADING 1.94% HEALTHCARE 0.85% LONDON 1.93% ENGINEERING 0.73% TRANSPORT 1.93% DEVELOPMENTS 0.66% DESIGN 1.66% BUILDING 0.66% CONSULTANTS 1.64% S 0.66% ELECTRICAL 1.62% CONSTRUCTION 0.62% PROPERTIES 1.62% TRANSPORT 0.58% BUSINESS 1.56% TRADING 0.54% J 1.54% ASSOCIATES 0.54% CO., 1.50% M 0.54% GLOBAL 1.49% C 0.50% INVESTMENTS 1.48% RV 0.50% ASSOCIATES 1.47% HEALTH 0.46% DEVELOPMENTS 1.35% CO 0.46% MEDIA 1.33% MEDIA 0.46% IT 1.31% DESIGN 0.46% BUILDING 1.29% HOUSE 0.42% M 1.22%
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 650 265,608 99999 - Dormant Company 159 48,509 70229 - Management consultancy activities other than financial management 151 42,290 82990 - Other business support service activities not elsewhere classified 87 58,068 62020 - Information technology consultancy activities 84 30,178 96090 - Other service activities not elsewhere classified 76 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 65 19,049 86900 - Other human health activities 52 12,976 62090 - Other information technology service activities 48 12,837 49410 - Freight transport by road 44 10,842 47910 - Retail sale via mail order houses or via Internet 39 10,107 41100 - Development of building projects 38 11,397 56101 - Licensed restaurants 35 8,782 43999 - Other specialised construction activities not elsewhere classified 32 8,761 45200 - Maintenance and repair of motor vehicles 32 5,425 41202 - Construction of domestic buildings 29 7,559 68209 - Other letting and operating of own or leased real estate 28 11,212 62012 - Business and domestic software development 28 9,752 47990 - Other retail sale not in stores, stalls or markets 27 6,452 96020 - Hairdressing and other beauty treatment 24 6,742
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09246349 PRECISE INSTRUMENTATION LTD 02 Oct 2014 09247409 CONSULTAVI LTD 03 Oct 2014 09249284 ARCANSAS PROFILES UK LIMITED 06 Oct 2014 09254407 GMS TRANSPORT LTD 08 Oct 2014 09255144 KUYA CATERING LTD 08 Oct 2014 09262415 GRAND INDIA (BEDFORD) LTD 14 Oct 2014 09265228 DIWA COMPANY LIMITED 15 Oct 2014 09270952 MAEROSE TRADING LTD 20 Oct 2014 09273074 THE SOUND OF VIOLINS (REPAIRS & RESTORATIONS) LTD 21 Oct 2014 09278477 NIGERIAN COMMUNITY ASSOCIATION BEDFORDSHIRE CIC 23 Oct 2014 09280382 NGLAW LIMITED 27 Oct 2014 09284665 CHACKO LIMITED 28 Oct 2014 09259010 SIMPLYMACS (UK) LTD 10 Oct 2014 09260867 CROWTHERS CONSULTING LTD 13 Oct 2014 09263487 MONKEYPIE LIMITED 14 Oct 2014 09264162 GREAT WEALTH CAPITAL LIMITED 15 Oct 2014 09274869 RP NOVO CONSTRUCTION LIMITED 22 Oct 2014 09275643 RCN LTD 22 Oct 2014 09281301 CARSMETICS (BEDFORD) LIMITED 27 Oct 2014 09246811 TAILORED PHOTOGRAPHY LTD 02 Oct 2014 09254968 RPERICO LTD 08 Oct 2014 09260724 SELCO DISTRIBUTION LTD. 13 Oct 2014 09265320 JOHANNE MASOWE YECHISHANU LIMITED 15 Oct 2014 09267615 JACK ELEPHANT LIMITED 16 Oct 2014 09270012 VAIA LTD 17 Oct 2014
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