Hove, East Sussex

Q1 2010 Business Confidence Report

Headlines

  • March 2010 saw a new record in company registrations in Hove when compared to any previous March.
  • March 2010 was a record month for company registrations in Hove 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. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 318 companies were registered in Hove during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 33.6% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)HoveUK
    2010318105,137
    200923891,034
    % change33.6%15.5%
    Record Year 2007 (330) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    March 2010 saw a new record in company registrations in Hove when compared to any previous March.

    March 2010 was a record month for company registrations in Hove when compared to any month in history.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20109396129
    New companies in 2009707197
    % change32.9%35.2%33.0%
    Record Year2003 (98)2007 (116)2010 (129)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 190 companies were dissolved in Hove during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 0.0% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)HoveUK
    201019082,677
    2009190108,060
    % change0.0%-23.5%
    Record Year 2009 (190) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010576469
    Closed companies in 20095226112
    % change9.6%146.2%-38%
    Record Year2002 (60)2000 (83)2009 (112)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Hove during the first quarter of 2010 (Jan 2010 - Mar 2010) was 128 companies.

    first quarter (Jan 2010 - Mar 2010)HoveUK
    201012822,460
    200948-17,026
    Record Year 2007 (168) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010363260
    Net growth in 20091845-15
    Record Year2003 (54)2007 (64)2006 (78)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Hove formed 0.3% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Hove
    20100.3%
    20090.3%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1960 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.3%0.2%0.3%
    % change23.3%15.8%10.5%
    Record Year1969 (0.6%)1963 (0.7%)1975 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 43.4.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Hove was in 1861 when 40.0% of all directors were female.

    29.2% of all director appointments in Hove in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    PROPERTIES3.30%MANAGEMENT5.01%
    CONSULTING1.77%CONSULTING4.60%
    INVESTMENTS1.47%CONSULTANCY2.87%
    PROPERTY1.30%PROPERTY2.50%
    SUSSEX1.18%ASSOCIATES2.04%
    BRIGHTON1.12%TRADING1.93%
    MANAGEMENT1.00%DESIGN1.91%
    DESIGN1.00%CONSTRUCTION1.87%
    CONSULTANCY0.88%MEDIA1.84%
    DIGITAL0.82%BUSINESS1.74%
    MEDIA0.77%INTERNATIONAL1.73%
    ASSOCIATES0.77%CONSULTANTS1.63%
    ROAD0.77%ENGINEERING1.54%
    (SUSSEX)0.65%J1.48%
    CONSTRUCTION0.65%LONDON1.45%
    HOVE0.65%INVESTMENTS1.45%
    CONSULTANTS0.65%GROUP1.37%
    LONDON0.59%GLOBAL1.35%
    GROUP0.59%PROPERTIES1.35%
    RTM0.53%BUILDING1.34%
    M0.47%CARE1.33%
    VILLAS0.47%ELECTRICAL1.30%
    (BRIGHTON)0.47%M1.28%
    PRODUCTIONS0.47%SYSTEMS1.25%
    DEVELOPMENTS0.47%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied357228,645
    7487 - Other business activities17974,904
    82990 - Other business support service activities not elsewhere classified6526,974
    70229 - Management consultancy activities other than financial management5014,007
    62090 - Other information technology service activities466,340
    9999 - Dormant Company4019,948
    7260 - Other computer related activities3910,331
    99999 - Dormant Company3913,808
    62020 - Information technology consultancy activities339,943
    7222 - Other software consultancy and supply309,659
    7414 - Business & management consultancy2817,003
    74909 - Other professional, scientific and technical activities not elsewhere classified277,143
    7499 - Non-trading company2515,398
    98000 - Residents property management233,892
    96090 - Other service activities not elsewhere classified238,154
    62012 - Business and domestic software development192,646
    9305 - Other service activities189,038
    5530 - Restaurants174,798
    90030 - Artistic creation171,291
    4521 - General construction & civil engineering149,325

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07140945 NARVI DIGITAL MEDIA LIMITED 29 Jan 2010
    07138215 GABRIEL SCHUCAN LTD 27 Jan 2010
    07138167 CROWBOROUGH CABS LIMITED 27 Jan 2010
    07136727 XSERIES LIMITED 26 Jan 2010
    07136505 RUBEX UK LIMITED 26 Jan 2010
    07136403 ALFRED'S MACHINE LIMITED 26 Jan 2010
    07135575 LEWIS PETROLEUM CONSULTING LIMITED 26 Jan 2010
    07135522 INSIGHT MOBILE LTD 26 Jan 2010
    07134557 WILLKOMMEN RECORDS LTD 25 Jan 2010
    07128804 SPOTON SHADES LIMITED 19 Jan 2010
    07128742 SCORESURE LTD 18 Jan 2010
    07127160 SAFETY PRINCIPLES LIMITED 15 Jan 2010
    07126991 BURTON AND PARTNERS LIMITED 15 Jan 2010
    07125397 SWEET MAGIC TWISTER LTD 14 Jan 2010
    07124196 JABOOH.COM LIMITED 13 Jan 2010
    07123607 COPPER SOFTWARE LTD 13 Jan 2010
    07122861 LIME & MORTAR LIMITED 12 Jan 2010
    07122407 WRIGHT HEALTHCARE RISK CONSULTING LTD 12 Jan 2010
    07121737 CERTIFIED SOLUTIONS LTD 11 Jan 2010
    07121352 ESHIPPERS LIMITED 11 Jan 2010
    07120567 LETS VISIT LIMITED 08 Jan 2010
    07120164 SOARING WINGS LIMITED 08 Jan 2010
    07117322 LEXEL SOFTWARE LTD 06 Jan 2010
    07116746 SOCIAL ENGINEERING LTD 05 Jan 2010
    07116689 L.A.B NUTRITION LIMITED 05 Jan 2010