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
New Company Registrations
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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 Sussex UK 2015 2,288 161,156 2014 2,052 150,722 % change 11.5% 6.9% Record Year 2015 (2,288) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 704 729 855 New companies in 2014 630 668 754 % change 11.7% 9.1% 13.4% Record Year 2015 (704) 2015 (729) 2007 (885)
Closed Companies (dissolved)
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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 Sussex UK 2015 1,280 89,523 2014 1,252 82,370 % change 2.2% 8.7% Record Year 2015 (1,280) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2015 300 479 501 Closed companies in 2014 385 421 446 % change -22.1% 13.8% 12% Record Year 2011 (468) 2015 (479) 2009 (707)
Net Company Growth
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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 Sussex UK 2015 1,008 71,633 2014 800 68,352 Record Year 2007 (1,055) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 404 250 354 Net growth in 2014 245 247 308 Record Year 2015 (404) 2003 (361) 2007 (603)
UK Company Share
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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 2015 1.4% 2014 1.4% 2013 1.4% 2012 1.4% 2011 1.5% Record Year (since 1960) 1997 (1.8%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 1.5% 1.4% 1.4% UK formation share in 2014 1.3% 1.4% 1.4% % change 9.6% 0.5% 3.4% Record Year 1998 (1.9%) 2008 (2.0%) 1997 (1.8%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.20% CONSULTING 5.23% CONSULTANCY 1.95% MANAGEMENT 4.56% MANAGEMENT 1.68% CONSULTANCY 3.62% SUSSEX 1.15% PROPERTY 2.72% PROPERTY 1.14% CONSTRUCTION 2.19% BRIGHTON 1.11% CARE 2.13% DESIGN 1.00% ENGINEERING 2.12% ELECTRICAL 0.92% LONDON 1.91% CONSTRUCTION 0.83% TRADING 1.88% CARE 0.73% TRANSPORT 1.82% ROAD 0.73% ELECTRICAL 1.76% MEDIA 0.70% DESIGN 1.65% RTM 0.65% PROPERTIES 1.63% BUILDING 0.65% CO., 1.58% J 0.60% J 1.55% DIGITAL 0.59% CONSULTANTS 1.54% BUSINESS 0.58% BUSINESS 1.49% CREATIVE 0.57% INVESTMENTS 1.49% IT 0.57% GLOBAL 1.46% DEVELOPMENTS 0.56% ASSOCIATES 1.44% INVESTMENTS 0.55% DEVELOPMENTS 1.36% PRODUCTIONS 0.54% BUILDING 1.31% ASSOCIATES 0.49% IT 1.30% PROPERTIES 0.48% MEDIA 1.28% TRADING 0.48% M 1.27%
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 3,094 288,953 62020 - Information technology consultancy activities 724 30,825 70229 - Management consultancy activities other than financial management 589 43,081 99999 - Dormant Company 589 49,474 82990 - Other business support service activities not elsewhere classified 536 58,522 62090 - Other information technology service activities 411 12,862 96090 - Other service activities not elsewhere classified 360 29,218 74909 - Other professional, scientific and technical activities not elsewhere classified 314 19,098 98000 - Residents property management 246 5,308 62012 - Business and domestic software development 234 9,651 41100 - Development of building projects 189 11,863 88990 - Other social work activities without accommodation not elsewhere classified 186 5,014 86900 - Other human health activities 178 13,990 68209 - Other letting and operating of own or leased real estate 166 11,600 74100 - specialised design activities 164 4,892 47910 - Retail sale via mail order houses or via Internet 156 10,200 56101 - Licensed restaurants 142 8,909 74990 - Non-trading company 130 13,794 43390 - Other building completion and finishing 128 6,052 43999 - Other specialised construction activities not elsewhere classified 119 9,080
Recent Companies
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Randomly selected companies from this quarter
reports
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