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Hastings, East Sussex

2011 Annual Business Confidence Report

Headlines

  • December 2011 saw a new record in company closures in Hastings when compared to any previous December.

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. Annual Data (2011)

    A total of 220 companies were formed in Hastings in 2011. This total is 21.5% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearHastingsUK
    2011220452,870
    2010181400,358
    2009207362,675
    2008183349,203
    2007170457,649
    Record Year2003 (236)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 103 companies were formed in Hastings. This figure is 13.2% higher than last year, which compares badly to the UK wide figure of 14.0%.

    The highest total for a second half year in Hastings occurred in 2003 when a total of 114 were formed.

    Half Year (Jul-Dec)HastingsUK
    2011103224,135
    201091196,609
    % change13.2%14.0%
    Record Year2003 (114)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 40 companies were registered in Hastings during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 9.1% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)HastingsUK
    201140109,623
    20104495,117
    % change-9.1%15.3%
    Record Year 2002 (64) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201191813
    New companies in 201010826
    % change-10.0%125.0%-50.0%
    Record Year2002 (31)2003 (23)2010 (26)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 158 companies were dissolved in Hastings in 2011. This total is 6.5% lower than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.

    YearHastingsUK
    2011158314,523
    2010169342,232
    2009218533,773
    2008103237,901
    2007100220,295
    Record Year2009 (218)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 79 companies were dissolved in Hastings. This figure is 1.3% higher than last year, which compares badly to the UK wide change of -7.5%.

    The highest total for a second half year in Hastings occurred in 2009 when a total of 93 were closed.

    Half Year (Jul-Dec)HastingsUK
    201179152,213
    201078164,601
    % change1.3%-7.5%
    Record Year2009 (93)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 38 companies were dissolved in Hastings during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 15.2% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)HastingsUK
    20113879,983
    20103376,896
    % change15.2%4.0%
    Record Year 2009 (41) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    December 2011 saw a new record in company closures in Hastings when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201191019
    Closed companies in 201013146
    % change-30.8%-28.6%217%
    Record Year2009 (16)2010 (14)2011 (19)

Net Company Growth

  1. Annual Data (2011)

    A total of 62 companies were added to the company register for Hastings in 2011. This number represents growth of 34.3% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.

    This number is 50 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Hastings company register grew by 136 companies.

    YearHastingsUK
    201162138,347
    20101258,126
    2009-11-171,098
    200880111,302
    200770237,354
    Record Year2003 (136)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Hastings increased by 24 companies.

    Half Year (Jul-Dec)HastingsUK
    20112471,922
    20101332,008
    Record Year2004 (67)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Hastings during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 2 companies.

    fourth quarter (Oct 2011 - Dec 2011)HastingsUK
    2011229,640
    20101118,221
    Record Year 2004 (35) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201108-6
    Net growth in 2010-3-620
    Record Year2002 (20)2004 (13)2010 (20)

UK Company Share

  1. Annual Data (2011)

    In 2011 Hastings formed 0.0% of all UK companies. This is no change on 2010 when Hastings was responsible for 0.0% of all UK companies.

    YearHastings
    20110.0%
    20100.0%
    20090.1%
    20080.1%
    20070.0%
    Record Year (since 1960)1969 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Hastings formed 0.0% of all UK companies. This is the same as the 2010 figure of 0.0%.

    Half Year (Jul-Dec)Hastings
    20110.0%
    20100.0%
    20090.1%
    20080.0%
    20070.0%
    Record Year (since 1960) 1969 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    In the fourth quarter of 2011, Hastings formed 0.0% of all UK companies.

    fourth quarter (Oct 2011 - Dec 2011)Hastings
    20110.0%
    20100.0%
    20090.1%
    20080.0%
    20070.0%
    Record Year (since 1960) 1989 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.0%0.0%0.0%
    UK formation share in 20100.0%0.0%0.1%
    % change-21.5%91.4%-55.6%
    Record Year1969 (0.4%)1980 (0.2%)1968 (0.2%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 44.0.

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 6.0% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 44.1.

    The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 6.0% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 42.8.

    The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 7.1% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    The record year for female directors in Hastings was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Hastings in 2011 was 38.7%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Hastings was 1860 when 42.9% of all directors were female.

    25.0% of all director appointments in Hastings in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Hastings was in 1977 when 31.1% of all directors were female.

    24.2% of all director appointments in Hastings in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2010-Dec 2011)

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

    wordpercentageuk worduk percentage
    HASTINGS2.06%CONSULTING5.07%
    DESIGN1.15%MANAGEMENT4.74%
    R1.15%CONSULTANCY3.26%
    BUSINESS1.15%PROPERTY2.37%
    MARINE0.92%TRADING2.07%
    CREATIVE0.92%DESIGN1.92%
    PEOPLE0.92%ASSOCIATES1.86%
    10660.92%ENGINEERING1.78%
    ROYSTON0.92%BUSINESS1.78%
    CATERING0.69%CONSULTANTS1.76%
    CLUB0.69%CONSTRUCTION1.73%
    SECURITY0.69%MEDIA1.71%
    EAST0.69%LONDON1.63%
    ROAD0.69%J1.51%
    J0.69%INVESTMENTS1.48%
    CONSULTANCY0.69%GLOBAL1.46%
    CIC0.69%IT1.41%
    S0.69%CARE1.39%
    CONSULTING0.69%PROPERTIES1.29%
    MAURIER0.69%ELECTRICAL1.29%
    DU0.69%M1.27%
    LONDON0.69%BUILDING1.26%
    HOLDINGS0.46%ENERGY1.25%
    TRADING0.46%S1.20%
    (SOUTH0.46%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied104205,525
    7487 - Other business activities1957,052
    9305 - Other service activities129,492
    99999 - Dormant Company1221,846
    82990 - Other business support service activities not elsewhere classified1132,483
    9999 - Dormant Company1020,199
    7260 - Other computer related activities87,667
    96090 - Other service activities not elsewhere classified711,768
    98000 - Residents property management62,874
    70229 - Management consultancy activities other than financial management517,765
    90030 - Artistic creation51,732
    47910 - Retail sale via mail order houses or via Internet52,740
    68209 - Other letting and operating of own or leased real estate54,082
    85530 - Driving school activities4192
    62020 - Information technology consultancy activities412,072
    43290 - Other construction installation41,559
    4521 - General construction & civil engineering45,558
    43999 - Other specialised construction activities not elsewhere classified43,342
    93199 - Other sports activities31,768
    7414 - Business & management consultancy313,034

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07868332 SMALL WORLD CONSULTANCIES LTD 02 Dec 2011
    07871025 CUSTOM-M-A-D-E LTD 05 Dec 2011
    07872052 SCATTERGOOD LIMITED 06 Dec 2011
    07880082 SPACES PHOTOGRAPHY LIMITED 13 Dec 2011
    07880215 VOIPFONE LIMITED 13 Dec 2011
    07880886 27 WELLINGTON HASTINGS LIMITED 14 Dec 2011
    07881713 CREATIVE LEATHER INTERIORS LIMITED 14 Dec 2011
    07883144 RECYCLED ASPHALT SOUTH EAST LIMITED 15 Dec 2011
    07887280 LEAPFROG REVISION COURSES LTD 20 Dec 2011
    07887591 S DAVIES DESIGN LIMITED 20 Dec 2011
    07889979 THE FISH BOWL HASTINGS LIMITED 22 Dec 2011
    07891741 PROOFREADING AND EDITING SERVICES LIMITED 23 Dec 2011
    07891453 PROTECTORATE SPC LTD 23 Dec 2011

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