Bedford, Bedfordshire

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Bedford when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Bedford when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Bedford when compared to any previous March.
  • March 2015 was a record month for company registrations in Bedford when compared to any month in history.
  • February 2015 saw a new record in company registrations in Bedford when compared to any previous February.
  • January 2015 saw a new record in company registrations in Bedford when compared to any previous January.
  • January 2015 saw a new record in net growth in Bedford when compared to any previous January.
  • January 2015 was a record month for net growth in Bedford when compared to any month in history.

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 2015)

    Q1 2015 saw a new record in company registrations in Bedford when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Bedford when compared to any quarter in history.

    A total of 572 companies were registered in Bedford during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 26.8% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)BedfordUK
    2015572161,156
    2014451150,722
    % change26.8%6.9%
    Record Year 2015 (572) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Bedford when compared to any previous March.

    March 2015 was a record month for company registrations in Bedford when compared to any month in history.

    February 2015 saw a new record in company registrations in Bedford when compared to any previous February.

    January 2015 saw a new record in company registrations in Bedford when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015177160235
    New companies in 2014145151155
    % change22.1%6.0%51.6%
    Record Year2015 (177)2015 (160)2015 (235)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 290 companies were dissolved in Bedford during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 27.8% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)BedfordUK
    201529089,523
    201422782,370
    % change27.8%8.7%
    Record Year 2015 (290) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20155799134
    Closed companies in 2014567992
    % change1.8%25.3%46%
    Record Year2011 (100)2012 (100)2009 (183)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Bedford during the first quarter of 2015 (Jan 2015 - Mar 2015) was 282 companies.

    first quarter (Jan 2015 - Mar 2015)BedfordUK
    201528271,633
    201422468,352
    Record Year 2015 (282) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Bedford when compared to any previous January.

    January 2015 was a record month for net growth in Bedford when compared to any month in history.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201512061101
    Net growth in 2014897263
    Record Year2015 (120)2003 (91)2013 (106)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Bedford formed 0.4% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Bedford
    20150.4%
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    Record Year (since 1960) 1993 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.4%0.3%0.4%
    UK formation share in 20140.3%0.3%0.3%
    % change19.7%-2.4%38.2%
    Record Year1987 (0.5%)1996 (0.5%)1985 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 44.0.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Bedford was in 2013 when 35.9% of all directors were female.

    29.3% of all director appointments in Bedford in the first quarter of 2015 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 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING1.49%CONSULTING5.23%
    CONSULTANCY1.31%MANAGEMENT4.56%
    CARE1.16%CONSULTANCY3.62%
    BEDFORD1.12%PROPERTY2.72%
    HEALTHCARE1.05%CONSTRUCTION2.19%
    MANAGEMENT1.05%CARE2.13%
    PROPERTY1.05%ENGINEERING2.12%
    CONSULTANTS0.80%LONDON1.91%
    J0.76%TRADING1.88%
    CONSTRUCTION0.69%TRANSPORT1.82%
    BUILDING0.69%ELECTRICAL1.76%
    ENGINEERING0.69%DESIGN1.65%
    S0.65%PROPERTIES1.63%
    (BEDFORD)0.58%CO.,1.58%
    ASSOCIATES0.58%J1.55%
    DEVELOPMENTS0.54%CONSULTANTS1.54%
    IT0.54%BUSINESS1.49%
    CO0.51%INVESTMENTS1.49%
    P0.51%GLOBAL1.46%
    HEALTH0.51%ASSOCIATES1.44%
    MEDIA0.47%DEVELOPMENTS1.36%
    PROPERTIES0.47%BUILDING1.31%
    CARS0.47%IT1.30%
    DESIGN0.47%MEDIA1.28%
    TRANSPORT0.47%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied750288,953
    99999 - Dormant Company16249,474
    70229 - Management consultancy activities other than financial management15443,081
    62020 - Information technology consultancy activities9530,825
    82990 - Other business support service activities not elsewhere classified8558,522
    96090 - Other service activities not elsewhere classified7829,218
    74909 - Other professional, scientific and technical activities not elsewhere classified5819,098
    86900 - Other human health activities5713,990
    49410 - Freight transport by road5112,485
    62090 - Other information technology service activities4812,862
    47910 - Retail sale via mail order houses or via Internet4210,200
    41100 - Development of building projects4111,863
    56101 - Licensed restaurants378,909
    45200 - Maintenance and repair of motor vehicles335,392
    41202 - Construction of domestic buildings307,797
    86101 - Hospital activities295,043
    43999 - Other specialised construction activities not elsewhere classified289,080
    69201 - Accounting and auditing activities277,682
    68209 - Other letting and operating of own or leased real estate2611,600
    96020 - Hairdressing and other beauty treatment266,815

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09375620 FILMAR WINDOWS LIMITED 06 Jan 2015
    09378257 PERFECTLINE ACADEMY LIMITED 07 Jan 2015
    09380434 ANNKAT LTD 08 Jan 2015
    09384822 SD BRICKWORK & CONSTRUCTION LIMITED 12 Jan 2015
    09385648 J K WILLIAMS ASSOCIATES LTD. 13 Jan 2015
    09391851 GINI LOUNGE LIMITED 16 Jan 2015
    09393319 KORUM SOURCING LTD 16 Jan 2015
    09398736 CLAPHAM VILLAGE CARS LIMITED 21 Jan 2015
    09401096 O ZEB MPHARM SERVICES LTD 22 Jan 2015
    09402956 SEHR INC LTD 23 Jan 2015
    09403251 PRIDE KITCHENS LIMITED 23 Jan 2015
    09405403 LOW COST BILLS LTD. 26 Jan 2015
    09405680 GLOBAL PLUMBING & HEATING LTD 26 Jan 2015
    09371740 FRANTON ELECTRICAL CONTRACTORS LIMITED 02 Jan 2015
    09372669 THE LAZY CHEF RANGE LTD 05 Jan 2015
    09379854 POLHILL ARMS LIMITED 08 Jan 2015
    09371098 VENTO FINANCE LTD 02 Jan 2015
    09372204 THE CILEX COMPENSATION FUND 02 Jan 2015
    09387202 CJC PROJECT SERVICES LTD 13 Jan 2015
    09388957 SUNDEW DOCTORS LIMITED 14 Jan 2015
    09393622 MADONNAJOEY LTD 19 Jan 2015
    09395891 ABBEY TRADING LIMITED 19 Jan 2015
    09396180 E GAY ELECTRICAL LIMITED 20 Jan 2015
    09401634 BASIL'S TRADING LIMITED 22 Jan 2015
    09408415 MARK'S AUTOMOTIVE ENGINEERING LTD. 27 Jan 2015