Bedfordshire
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Bedfordshire when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Bedfordshire when compared to any previous second half year.
- Q4 2013 saw a new record in company registrations in Bedfordshire when compared to any previous Q4.
- December 2013 saw a new record in company registrations in Bedfordshire when compared to any previous December.
- November 2013 saw a new record in company registrations in Bedfordshire when compared to any previous November.
- October 2013 saw a new record in company registrations in Bedfordshire when compared to any previous October.
- December 2013 saw a new record in company closures in Bedfordshire when compared to any previous December.
- 2013 was a record year for net growth in Bedfordshire when compared to any year in history.
- October 2013 saw a new record in net growth in Bedfordshire when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Bedfordshire when compared to any year in history.
A total of 5,067 companies were formed in Bedfordshire in 2013. This total is 13.4% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Bedfordshire UK 2013 5,067 529,363 2012 4,468 491,893 2011 3,890 452,870 2010 3,474 400,358 2009 3,180 362,675 Record Year 2013 (5,067) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Bedfordshire when compared to any previous second half year.
In the second half of 2013 a total of 2,481 companies were formed in Bedfordshire. This figure is 12.2% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Bedfordshire occurred in 2013 when a total of 2,481 were formed.
Half Year (Jul-Dec) Bedfordshire UK 2013 2,481 259,931 2012 2,211 238,743 % change 12.2% 8.9% Record Year 2013 (2,481) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in Bedfordshire when compared to any previous Q4.
A total of 1,228 companies were registered in Bedfordshire during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 12.4% versus the same period last year (Q4 2012). This figure compares equally to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Bedfordshire UK 2013 1,228 127,247 2012 1,093 119,875 % change 12.4% 6.1% Record Year 2013 (1,228) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company registrations in Bedfordshire when compared to any previous December.
November 2013 saw a new record in company registrations in Bedfordshire when compared to any previous November.
October 2013 saw a new record in company registrations in Bedfordshire when compared to any previous October.
New Companies by Month
October November December New companies in 2013 494 421 313 New companies in 2012 417 388 288 % change 18.5% 8.5% 8.7% Record Year 2013 (494) 2013 (421) 2013 (313)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 3,023 companies were dissolved in Bedfordshire in 2013. This total is 21.7% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Bedfordshire UK 2013 3,023 332,213 2012 2,483 293,729 2011 2,468 314,524 2010 2,575 342,233 2009 3,734 533,789 Record Year 2009 (3,734) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 1,561 companies were dissolved in Bedfordshire. This figure is 28.1% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in Bedfordshire occurred in 2009 when a total of 1,662 were closed.
Half Year (Jul-Dec) Bedfordshire UK 2013 1,561 177,021 2012 1,219 145,935 % change 28.1% 21.3% Record Year 2009 (1,662) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 823 companies were dissolved in Bedfordshire during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 34.3% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Bedfordshire UK 2013 823 90,851 2012 613 70,027 % change 34.3% 29.7% Record Year 2013 (823) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company closures in Bedfordshire when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2013 264 249 310 Closed companies in 2012 279 200 134 % change -5.4% 24.5% 131% Record Year 2012 (279) 2010 (255) 2013 (310)
Net Company Growth
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Annual Data (2013)
2013 was a record year for net growth in Bedfordshire when compared to any year in history.
A total of 2,044 companies were added to the company register for Bedfordshire in 2013. This number represents growth of 40.3% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 59 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Bedfordshire company register grew by 2,044 companies.
Year Bedfordshire UK 2013 2,044 197,150 2012 1,985 198,164 2011 1,422 138,346 2010 899 58,125 2009 -554 -171,114 Record Year 2013 (2,044) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Bedfordshire increased by 920 companies.
Half Year (Jul-Dec) Bedfordshire UK 2013 920 82,910 2012 992 92,808 Record Year 2012 (992) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Bedfordshire during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 405 companies.
fourth quarter (Oct 2013 - Dec 2013) Bedfordshire UK 2013 405 36,396 2012 480 49,848 Record Year 2012 (480) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 saw a new record in net growth in Bedfordshire when compared to any previous October.
Net Growth by Month
October November December Net growth in 2013 230 172 3 Net growth in 2012 138 188 154 Record Year 2013 (230) 2012 (188) 2012 (154)
UK Company Share
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Annual Data (2013)
In 2013 Bedfordshire formed 1.0% of all UK companies. This is an improvement on 2012 when Bedfordshire was responsible for 0.9% of all UK companies.
Year Bedfordshire 2013 1.0% 2012 0.9% 2011 0.9% 2010 0.9% 2009 0.9% Record Year (since 1960) 1998 (1.2%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Bedfordshire formed 1.0% of all UK companies. This is more than the 2012 figure of 0.9%.
Half Year (Jul-Dec) Bedfordshire 2013 1.0% 2012 0.9% 2011 0.9% 2010 0.9% 2009 0.9% Record Year (since 1960) 1998 (1.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Bedfordshire formed 1.0% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Bedfordshire 2013 1.0% 2012 0.9% 2011 0.9% 2010 0.9% 2009 0.9% Record Year (since 1960) 1998 (1.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 1.0% 1.0% 0.9% UK formation share in 2012 0.9% 0.9% 0.9% % change 10.1% 6.6% -1.2% Record Year 1997 (1.3%) 1998 (1.3%) 1998 (1.4%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 42.5.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 42.1.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 42.2.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Bedfordshire was 1991 when 34.2% of all directors were female.
The percentage of female directors in Bedfordshire in 2013 was 26.7%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Bedfordshire was 2008 when 29.5% of all directors were female.
26.0% of all director appointments in Bedfordshire in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Bedfordshire was in 2006 when 29.6% of all directors were female.
23.7% of all director appointments in Bedfordshire in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.95% CONSULTING 5.22% MANAGEMENT 1.64% MANAGEMENT 4.72% CONSULTANCY 1.35% CONSULTANCY 3.45% CARE 1.10% PROPERTY 2.59% BUSINESS 1.00% TRADING 2.08% PROPERTY 0.94% ENGINEERING 1.87% CONSULTANTS 0.84% LONDON 1.86% IT 0.74% DESIGN 1.76% CONSTRUCTION 0.72% CONSTRUCTION 1.73% TRADING 0.71% CARE 1.73% ENGINEERING 0.67% BUSINESS 1.71% LUTON 0.62% CONSULTANTS 1.68% DESIGN 0.59% GLOBAL 1.58% ASSOCIATES 0.57% INVESTMENTS 1.56% GLOBAL 0.56% PROPERTIES 1.54% TRAINING 0.56% ASSOCIATES 1.53% INVESTMENTS 0.54% J 1.51% TRANSPORT 0.54% MEDIA 1.50% MEDIA 0.53% IT 1.35% J 0.51% DEVELOPMENTS 1.23% BUILDING 0.49% M 1.23% PROPERTIES 0.49% BUILDING 1.21% S 0.48% ELECTRICAL 1.20% CLEANING 0.48% CAPITAL 1.19% SERVICE 0.46% ENERGY 1.14%
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 2,344 266,814 70229 - Management consultancy activities other than financial management 351 36,164 99999 - Dormant Company 300 46,762 62020 - Information technology consultancy activities 295 27,183 82990 - Other business support service activities not elsewhere classified 272 55,342 96090 - Other service activities not elsewhere classified 228 26,001 74909 - Other professional, scientific and technical activities not elsewhere classified 140 18,034 62090 - Other information technology service activities 125 12,511 49410 - Freight transport by road 114 7,333 86900 - Other human health activities 106 9,543 56101 - Licensed restaurants 106 7,685 41100 - Development of building projects 101 9,485 68209 - Other letting and operating of own or leased real estate 96 8,733 74990 - Non-trading company 86 14,223 43999 - Other specialised construction activities not elsewhere classified 86 7,823 47910 - Retail sale via mail order houses or via Internet 84 8,879 62012 - Business and domestic software development 77 9,360 41202 - Construction of domestic buildings 71 6,191 45200 - Maintenance and repair of motor vehicles 66 4,987 43210 - Electrical installation 66 5,730
Recent Companies
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Randomly selected companies from this quarter
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