East Sussex

Q1 2015 Business Confidence Report

Headlines

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

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

    A total of 2,288 companies were registered in East Sussex during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 11.5% versus the same period last year (Q1 2014). This figure compares equally 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)East SussexUK
    20152,288161,156
    20142,052150,722
    % change11.5%6.9%
    Record Year 2015 (2,288) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

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

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

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015704729855
    New companies in 2014630668754
    % change11.7%9.1%13.4%
    Record Year2015 (704)2015 (729)2007 (885)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 1,280 companies were dissolved in East Sussex during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 2.2% versus the same period last year (Q1 2014). This figure compares well 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)East SussexUK
    20151,28089,523
    20141,25282,370
    % change2.2%8.7%
    Record Year 2015 (1,280) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

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

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015300479501
    Closed companies in 2014385421446
    % change-22.1%13.8%12%
    Record Year2011 (468)2015 (479)2009 (707)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for East Sussex during the first quarter of 2015 (Jan 2015 - Mar 2015) was 1,008 companies.

    first quarter (Jan 2015 - Mar 2015)East SussexUK
    20151,00871,633
    201480068,352
    Record Year 2007 (1,055) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

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

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015404250354
    Net growth in 2014245247308
    Record Year2015 (404)2003 (361)2007 (603)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, East Sussex formed 1.4% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)East Sussex
    20151.4%
    20141.4%
    20131.4%
    20121.4%
    20111.5%
    Record Year (since 1960) 1997 (1.8%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20151.5%1.4%1.4%
    UK formation share in 20141.3%1.4%1.4%
    % change9.6%0.5%3.4%
    Record Year1998 (1.9%)2008 (2.0%)1997 (1.8%)

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 5.9% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.0% 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 East Sussex was in 2007 when 33.0% of all directors were female.

    29.0% of all director appointments in East Sussex 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
    CONSULTING3.20%CONSULTING5.23%
    CONSULTANCY1.95%MANAGEMENT4.56%
    MANAGEMENT1.68%CONSULTANCY3.62%
    SUSSEX1.15%PROPERTY2.72%
    PROPERTY1.14%CONSTRUCTION2.19%
    BRIGHTON1.11%CARE2.13%
    DESIGN1.00%ENGINEERING2.12%
    ELECTRICAL0.92%LONDON1.91%
    CONSTRUCTION0.83%TRADING1.88%
    CARE0.73%TRANSPORT1.82%
    ROAD0.73%ELECTRICAL1.76%
    MEDIA0.70%DESIGN1.65%
    RTM0.65%PROPERTIES1.63%
    BUILDING0.65%CO.,1.58%
    J0.60%J1.55%
    DIGITAL0.59%CONSULTANTS1.54%
    BUSINESS0.58%BUSINESS1.49%
    CREATIVE0.57%INVESTMENTS1.49%
    IT0.57%GLOBAL1.46%
    DEVELOPMENTS0.56%ASSOCIATES1.44%
    INVESTMENTS0.55%DEVELOPMENTS1.36%
    PRODUCTIONS0.54%BUILDING1.31%
    ASSOCIATES0.49%IT1.30%
    PROPERTIES0.48%MEDIA1.28%
    TRADING0.48%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,094288,953
    62020 - Information technology consultancy activities72430,825
    70229 - Management consultancy activities other than financial management58943,081
    99999 - Dormant Company58949,474
    82990 - Other business support service activities not elsewhere classified53658,522
    62090 - Other information technology service activities41112,862
    96090 - Other service activities not elsewhere classified36029,218
    74909 - Other professional, scientific and technical activities not elsewhere classified31419,098
    98000 - Residents property management2465,308
    62012 - Business and domestic software development2349,651
    41100 - Development of building projects18911,863
    88990 - Other social work activities without accommodation not elsewhere classified1865,014
    86900 - Other human health activities17813,990
    68209 - Other letting and operating of own or leased real estate16611,600
    74100 - specialised design activities1644,892
    47910 - Retail sale via mail order houses or via Internet15610,200
    56101 - Licensed restaurants1428,909
    74990 - Non-trading company13013,794
    43390 - Other building completion and finishing1286,052
    43999 - Other specialised construction activities not elsewhere classified1199,080

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09374339 VARIABLE STATE LIMITED 05 Jan 2015
    09374413 MATT SMITH ELECTRIC CO LIMITED 05 Jan 2015
    09375128 SAMANTHA THOMAS CONSULTANCY LIMITED 06 Jan 2015
    09377996 KANU HEALTHCARE LIMITED 07 Jan 2015
    09378932 PAVILION CURRENCY EXCHANGE LTD 08 Jan 2015
    09379726 BRIGHT CITY COLLECTIVE LTD 08 Jan 2015
    09380202 HOVE DECOR LIMITED 08 Jan 2015
    09380786 18 POWIS ROAD (BRIGHTON) LIMITED 09 Jan 2015
    09382047 GUILING CARE LTD 09 Jan 2015
    09382151 LONDON ACADEMY OF DIPLOMACY LIMITED 09 Jan 2015
    09382510 CEB MORTGAGES LIMITED 09 Jan 2015
    09382824 BRIGHTONHAIREXTENSIONS.COM LTD 12 Jan 2015
    09383970 WILLIS ENTERTAINMENT LIMITED 12 Jan 2015
    09384961 J P ELECTRICAL (UK) LTD 12 Jan 2015
    09385183 A CROWE ELECTRICAL LTD 12 Jan 2015
    09387366 THE SIR STANDARD LIMITED 13 Jan 2015
    09389411 PEER LEARNING LTD 14 Jan 2015
    09392181 BLUE SKIES WINDOW CLEANING LIMITED 16 Jan 2015
    09392189 J M GENERAL CONSTRUCTION LTD 16 Jan 2015
    09393673 REAL PATISSERIE (CHURCH ROAD) LTD 19 Jan 2015
    09395519 BURGESS ALLEN LIMITED 19 Jan 2015
    09396908 TIDESWELL PROPERTIES LIMITED 20 Jan 2015
    09398783 NINETEEN LONDON LIMITED 21 Jan 2015
    09403231 MARY MACDONALD LIMITED 23 Jan 2015
    09404406 KINGSDOWN CONSULTING LTD 23 Jan 2015