Hastings, East Sussex

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Hastings when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Hastings when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Hastings when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Hastings when compared to any quarter in history.
  • April 2014 saw a new record in company registrations in Hastings when compared to any previous April.
  • June 2014 saw a new record in company closures in Hastings when compared to any previous June.
  • April 2014 saw a new record in net growth in Hastings when compared to any previous April.
  • April 2014 was a record month for net growth in Hastings when compared to any month in history.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Hastings when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Hastings when compared to any half year in history.

    In the first half of 2014 a total of 152 companies were formed in Hastings. This figure is 39.4% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Hastings occurred in 2014 when a total of 152 were formed.

    Half Year (Jan-Jun)HastingsUK
    2014152300,731
    2013109269,432
    % change39.4%11.6%
    Record Year2014 (152)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Hastings when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Hastings when compared to any quarter in history.

    A total of 82 companies were registered in Hastings during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 70.8% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)HastingsUK
    201482150,009
    201348134,630
    % change70.8%11.4%
    Record Year 2014 (82) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in company registrations in Hastings when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2014332128
    New companies in 2013191217
    % change73.7%75.0%64.7%
    Record Year2014 (33)2011 (25)2011 (33)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 85 companies were dissolved in Hastings. This figure is 14.9% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Hastings occurred in 2009 when a total of 125 were closed.

    Half Year (Jan-Jun)HastingsUK
    201485177,207
    201374155,192
    % change14.9%14.2%
    Record Year2009 (125)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 51 companies were dissolved in Hastings during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 75.9% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)HastingsUK
    20145194,837
    20132977,278
    % change75.9%22.7%
    Record Year 2009 (66) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company closures in Hastings when compared to any previous June.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201462124
    Closed companies in 201313610
    % change-53.8%250.0%140%
    Record Year2009 (19)2009 (31)2014 (24)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Hastings increased by 67 companies.

    Half Year (Jan-Jun)HastingsUK
    201467123,524
    201335114,240
    Record Year2003 (74)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Hastings during the second quarter of 2014 (Apr 2014 - Jun 2014) was 31 companies.

    second quarter (Apr 2014 - Jun 2014)HastingsUK
    20143155,172
    20131957,352
    Record Year 2014 (31) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Hastings when compared to any previous April.

    April 2014 was a record month for net growth in Hastings when compared to any month in history.

    Net Growth by Month
    AprilMayJune
    Net growth in 20142704
    Net growth in 2013667
    Record Year2014 (27)2004 (15)2011 (19)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Hastings formed 0.1% of all UK companies. This is more than the 2013 figure of 0.0%.

    Half Year (Jan-Jun)Hastings
    20140.1%
    20130.0%
    20120.0%
    20110.1%
    20100.0%
    Record Year (since 1960) 1992 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Hastings formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Hastings
    20140.1%
    20130.0%
    20120.0%
    20110.1%
    20100.0%
    Record Year (since 1960) 1992 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.0%0.1%
    UK formation share in 20130.0%0.0%0.0%
    % change56.7%61.6%42.9%
    Record Year1991 (0.1%)1992 (0.1%)1994 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.5.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 45.0.

    The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Hastings was 2005 when 38.7% of all directors were female.

    30.3% of all director appointments in Hastings in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Hastings was in 2005 when 38.6% of all directors were female.

    33.0% of all director appointments in Hastings in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    ELECTRICAL1.25%CONSULTING5.16%
    MANAGEMENT1.25%MANAGEMENT4.64%
    HASTINGS1.07%CONSULTANCY3.50%
    CARE1.07%PROPERTY2.66%
    CONSULTANCY1.07%TRADING2.03%
    DESIGN0.89%ENGINEERING1.99%
    10660.89%CONSTRUCTION1.93%
    RAIL0.89%LONDON1.93%
    INVESTMENTS0.71%CARE1.85%
    IN0.71%DESIGN1.75%
    CLEANING0.71%CONSULTANTS1.73%
    HOME0.71%BUSINESS1.69%
    ART0.53%PROPERTIES1.63%
    SUSSEX0.53%TRANSPORT1.58%
    BUSINESS0.53%GLOBAL1.55%
    ATTRELL0.53%INVESTMENTS1.55%
    BRICKWORK0.53%J1.51%
    H0.53%ASSOCIATES1.48%
    RTM0.53%MEDIA1.44%
    (HASTINGS)0.53%ELECTRICAL1.40%
    SPORTS0.53%IT1.33%
    CIC0.53%DEVELOPMENTS1.33%
    SOUTHERN0.53%BUILDING1.26%
    MAINTENANCE0.53%M1.24%
    ROAD0.53%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied119261,557
    99999 - Dormant Company2348,436
    70229 - Management consultancy activities other than financial management1540,250
    96090 - Other service activities not elsewhere classified1328,352
    82990 - Other business support service activities not elsewhere classified1357,421
    41100 - Development of building projects1010,527
    62020 - Information technology consultancy activities929,029
    98000 - Residents property management75,046
    56101 - Licensed restaurants68,585
    47990 - Other retail sale not in stores, stalls or markets66,286
    63990 - Other information service activities not elsewhere classified66,099
    85590 - Other education not elsewhere classified56,043
    43290 - Other construction installation53,320
    59113 - Television programme production activities52,225
    68209 - Other letting and operating of own or leased real estate510,133
    68320 - Management of real estate on a fee or contract basis55,731
    43210 - Electrical installation56,050
    62090 - Other information technology service activities513,024
    43320 - Joinery installation52,169
    86900 - Other human health activities511,292

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09071538 SQUARE AURA LIMITED 04 Jun 2014
    09074689 HILLSTONE CAR SALES LIMITED 06 Jun 2014
    09078669 INSIDE OUT HOME AND GARDEN LIMITED 10 Jun 2014
    09078679 DYER & HOBBIS INVESTMENTS LIMITED 10 Jun 2014
    09079071 TOTAL COVER PLUS (USA) LIMITED 10 Jun 2014
    09081884 DANSCOUTURE LIMITED 11 Jun 2014
    09083968 YOUR ONLINE STORE LIMITED 12 Jun 2014
    09086205 LEVEL EXHIBITIONS LIMITED 13 Jun 2014
    09090024 M DAY DESIGN & BUILD LIMITED 17 Jun 2014
    09091738 BE SAFE FIRE SPRINKLER SYSTEM LTD 18 Jun 2014
    09093158 FASTTRACK COMPUTING LIMITED 19 Jun 2014
    09095332 BECAUSE I LIVE HERE LIMITED 20 Jun 2014
    09095384 STORIES INTO LIGHT LTD 20 Jun 2014
    09099218 1066 MOTORCYCLE TOURS LIMITED 24 Jun 2014
    09099726 ART THERAPY LIMITED 24 Jun 2014
    09099896 P B BRICKWORK LIMITED 24 Jun 2014
    09101028 RKS ECO LIMITED 24 Jun 2014
    09103070 12 BRITTANY ROAD RTM COMPANY LTD 25 Jun 2014
    09107710 SMART IT EUROPE LIMITED 30 Jun 2014
    09108451 GWC CLEANING SERVICES LIMITED 30 Jun 2014
    09073748 CLOUD DATA SOLUTIONS LTD 05 Jun 2014
    09076740 EVANS ELECTRICAL AND SECURITY LTD 09 Jun 2014
    09077897 ORE CHURCH MICE PRE-SCHOOL CIC 09 Jun 2014
    09079628 TERLOK LIMITED 10 Jun 2014
    09081580 SIMPLY VINTAGE LTD 11 Jun 2014

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