Bedfordshire

Q1 2015 Business Confidence Report

Headlines

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

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 Bedfordshire when compared to any previous Q1.

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

    A total of 1,695 companies were registered in Bedfordshire during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 19.4% 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)BedfordshireUK
    20151,695161,156
    20141,420150,722
    % change19.4%6.9%
    Record Year 2015 (1,695) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

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

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

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

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

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015521513661
    New companies in 2014439470511
    % change18.7%9.1%29.4%
    Record Year2015 (521)2015 (513)2015 (661)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 913 companies were dissolved in Bedfordshire during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 24.4% 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)BedfordshireUK
    201591389,523
    201473482,370
    % change24.4%8.7%
    Record Year 2015 (913) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Bedfordshire when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015212334367
    Closed companies in 2014221240273
    % change-4.1%39.2%34%
    Record Year2011 (305)2015 (334)2009 (531)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Bedfordshire during the first quarter of 2015 (Jan 2015 - Mar 2015) was 782 companies.

    first quarter (Jan 2015 - Mar 2015)BedfordshireUK
    201578271,633
    201468668,352
    Record Year 2015 (782) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

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

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015309179294
    Net growth in 2014218230238
    Record Year2015 (309)2014 (230)2007 (312)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Bedfordshire formed 1.1% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Bedfordshire
    20151.1%
    20140.9%
    20131.0%
    20120.9%
    20110.9%
    Record Year (since 1960) 1998 (1.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20151.1%1.0%1.1%
    UK formation share in 20140.9%1.0%0.9%
    % change16.4%0.6%17.9%
    Record Year1998 (1.2%)1998 (1.2%)1998 (1.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.5.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.3% 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 Bedfordshire was in 2007 when 31.4% of all directors were female.

    27.6% of all director appointments in Bedfordshire 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
    CONSULTING1.76%CONSULTING5.23%
    MANAGEMENT1.49%MANAGEMENT4.56%
    CONSULTANCY1.47%CONSULTANCY3.62%
    CARE1.40%PROPERTY2.72%
    CONSTRUCTION1.02%CONSTRUCTION2.19%
    PROPERTY0.92%CARE2.13%
    HEALTHCARE0.92%ENGINEERING2.12%
    ENGINEERING0.84%LONDON1.91%
    J0.75%TRADING1.88%
    TRANSPORT0.74%TRANSPORT1.82%
    CONSULTANTS0.71%ELECTRICAL1.76%
    M0.69%DESIGN1.65%
    BUSINESS0.68%PROPERTIES1.63%
    BUILDING0.65%CO.,1.58%
    IT0.61%J1.55%
    ASSOCIATES0.61%CONSULTANTS1.54%
    HEALTH0.60%BUSINESS1.49%
    LUTON0.60%INVESTMENTS1.49%
    DESIGN0.58%GLOBAL1.46%
    S0.58%ASSOCIATES1.44%
    INVESTMENTS0.57%DEVELOPMENTS1.36%
    ELECTRICAL0.57%BUILDING1.31%
    PROPERTIES0.57%IT1.30%
    HOLDINGS0.54%MEDIA1.28%
    GLOBAL0.54%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,777288,953
    70229 - Management consultancy activities other than financial management42443,081
    99999 - Dormant Company38549,474
    62020 - Information technology consultancy activities35830,825
    82990 - Other business support service activities not elsewhere classified27658,522
    96090 - Other service activities not elsewhere classified26229,218
    86900 - Other human health activities17213,990
    49410 - Freight transport by road17012,485
    74909 - Other professional, scientific and technical activities not elsewhere classified15919,098
    62090 - Other information technology service activities13912,862
    56101 - Licensed restaurants1348,909
    68209 - Other letting and operating of own or leased real estate11611,600
    41100 - Development of building projects11411,863
    86101 - Hospital activities1035,043
    47910 - Retail sale via mail order houses or via Internet9910,200
    56103 - Take-away food shops and mobile food stands978,607
    41202 - Construction of domestic buildings977,797
    43999 - Other specialised construction activities not elsewhere classified979,080
    69201 - Accounting and auditing activities947,682
    88990 - Other social work activities without accommodation not elsewhere classified865,014

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09418327 MIXCAKE LIMITED 03 Feb 2015
    09420886 RENASCIENCE PHARMA LIMITED 04 Feb 2015
    09421186 ALLIANCE DEVELOPMENTS LTD 04 Feb 2015
    09430116 NA NUMBERS LIMITED 09 Feb 2015
    09433579 THE BREWERY TAP LIMITED 11 Feb 2015
    09438120 BJS HOME DELIVERIES LIMITED 13 Feb 2015
    09438484 FUCHSIA PHARMA LIMITED 13 Feb 2015
    09442806 YSM LIMITED 17 Feb 2015
    09447281 PULSE LONDON LIMITED 19 Feb 2015
    09450204 MJ CATERING SERVICES LTD 20 Feb 2015
    09456291 B & T RIVERSIDE DINING LIMITED 24 Feb 2015
    09458658 COMMCRAFT LTD 25 Feb 2015
    09459162 SHAH & CO (LUTON) LIMITED 26 Feb 2015
    09462823 DRAW 2 DESIGNS LIMITED 27 Feb 2015
    09417255 SIGN UP ASSIST LTD 02 Feb 2015
    09425200 TROJAN TRACKS LIMITED 05 Feb 2015
    09426344 COGENT PROPERTY MANAGEMENT LIMITED 06 Feb 2015
    09431174 GRH BRIGHT SPARK LIMITED 10 Feb 2015
    09435853 OFSHARE LTD 12 Feb 2015
    09436154 ACROSS-THE-BOARD RECRUITMENT LIMITED 12 Feb 2015
    09437201 K O CLEANING SERVICES LIMITED 12 Feb 2015
    09441966 DMAC BUILDERS LIMITED 16 Feb 2015
    09442351 DEXTERRAIL LIMITED 16 Feb 2015
    09447104 BEDFORD ROAD (LOWER STONDON) MANAGEMENT LIMITED 18 Feb 2015
    09447844 PARADIGM CONSULTANCY SERVICES LIMITED 19 Feb 2015