Hove, East Sussex
2010 Half Year Business Confidence Report
Headlines
- The first half of 2010 saw a new record in company registrations in Hove when compared to any previous first half year.
- The first half of 2010 was a record first half year for company registrations in Hove when compared to any half year in history.
- Q2 2010 saw a new record in company registrations in Hove when compared to any previous Q2.
- Q2 2010 was a record quarter for company registrations in Hove when compared to any quarter in history.
- June 2010 saw a new record in company registrations in Hove when compared to any previous June.
- May 2010 saw a new record in company registrations in Hove when compared to any previous May.
- April 2010 saw a new record in company registrations in Hove when compared to any previous April.
- April 2010 was a record month for company registrations in Hove when compared to any month in history.
- Q2 2010 saw a new record in net growth in Hove when compared to any previous Q2.
- Q2 2010 was a record quarter for net growth in Hove when compared to any quarter in history.
- June 2010 saw a new record in net growth in Hove when compared to any previous June.
- April 2010 saw a new record in net growth in Hove when compared to any previous April.
- April 2010 was a record month for net growth in Hove when compared to any month in history.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
The first half of 2010 saw a new record in company registrations in Hove when compared to any previous first half year.
The first half of 2010 was a record first half year for company registrations in Hove when compared to any half year in history.
In the first half of 2010 a total of 696 companies were formed in Hove. This figure is 46.2% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Hove occurred in 2010 when a total of 696 were formed.
Half Year (Jan-Jun) Hove UK 2010 696 203,749 2009 476 182,021 % change 46.2% 11.9% Record Year 2010 (696) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Q2 2010 saw a new record in company registrations in Hove when compared to any previous Q2.
Q2 2010 was a record quarter for company registrations in Hove when compared to any quarter in history.
A total of 378 companies were registered in Hove during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 58.8% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Hove UK 2010 378 98,612 2009 238 90,987 % change 58.8% 8.4% Record Year 2010 (378) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Hove when compared to any previous June.
May 2010 saw a new record in company registrations in Hove when compared to any previous May.
April 2010 saw a new record in company registrations in Hove when compared to any previous April.
April 2010 was a record month for company registrations in Hove when compared to any month in history.
New Companies by Month
April May June New companies in 2010 139 116 123 New companies in 2009 73 74 91 % change 90.4% 56.8% 35.2% Record Year 2010 (139) 2010 (116) 2010 (123)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 375 companies were dissolved in Hove. This figure is 23.0% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Hove occurred in 2009 when a total of 487 were closed.
Half Year (Jan-Jun) Hove UK 2010 375 177,631 2009 487 289,236 % change -23.0% -38.6% Record Year 2009 (487) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 185 companies were dissolved in Hove during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 37.7% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Hove UK 2010 185 94,954 2009 297 181,176 % change -37.7% -47.6% Record Year 2009 (297) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 43 85 57 Closed companies in 2009 83 137 77 % change -48.2% -38.0% -26% Record Year 2009 (83) 2009 (137) 2009 (77)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Hove increased by 321 companies.
Half Year (Jan-Jun) Hove UK 2010 321 26,118 2009 -11 -107,215 Record Year 2003 (330) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Q2 2010 saw a new record in net growth in Hove when compared to any previous Q2.
Q2 2010 was a record quarter for net growth in Hove when compared to any quarter in history.
Net company growth for Hove during the second quarter of 2010 (Apr 2010 - Jun 2010) was 193 companies.
second quarter (Apr 2010 - Jun 2010) Hove UK 2010 193 3,658 2009 -59 -90,189 Record Year 2010 (193) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in net growth in Hove when compared to any previous June.
April 2010 saw a new record in net growth in Hove when compared to any previous April.
April 2010 was a record month for net growth in Hove when compared to any month in history.
Net Growth by Month
April May June Net growth in 2010 96 31 66 Net growth in 2009 -10 -63 14 Record Year 2010 (96) 2006 (60) 2010 (66)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Hove formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jan-Jun) Hove 2010 0.3% 2009 0.3% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1960 (0.5%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Hove formed 0.4% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Hove 2010 0.4% 2009 0.3% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1961 (0.5%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.4% 0.4% 0.3% UK formation share in 2009 0.2% 0.3% 0.3% % change 75.1% 49.4% 21.6% Record Year 1971 (0.6%) 1960 (0.7%) 1973 (0.6%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 43.7.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 44.0.
The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Hove was 1857 when 40.0% of all directors were female.
30.9% of all director appointments in Hove in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Hove was in 1866 when 66.7% of all directors were female.
32.6% of all director appointments in Hove in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.55% MANAGEMENT 5.01% PROPERTIES 2.39% CONSULTING 4.79% BRIGHTON 1.33% CONSULTANCY 3.02% INVESTMENTS 1.33% PROPERTY 2.40% PROPERTY 1.22% ASSOCIATES 2.02% SUSSEX 1.17% TRADING 2.01% CONSULTANCY 1.11% DESIGN 1.91% MANAGEMENT 1.01% CONSTRUCTION 1.85% DESIGN 0.95% MEDIA 1.80% HOVE 0.80% BUSINESS 1.75% DIGITAL 0.74% CONSULTANTS 1.71% CONSULTANTS 0.74% INTERNATIONAL 1.59% ROAD 0.74% ENGINEERING 1.56% ASSOCIATES 0.69% LONDON 1.52% CREATIVE 0.69% INVESTMENTS 1.49% MEDIA 0.64% J 1.46% CONSTRUCTION 0.64% CARE 1.41% RTM 0.58% GLOBAL 1.39% DEVELOPMENTS 0.53% PROPERTIES 1.35% TECHNOLOGY 0.53% BUILDING 1.33% M 0.53% M 1.29% PRODUCTIONS 0.48% IT 1.28% (SUSSEX) 0.48% ELECTRICAL 1.27% MARKETING 0.48% GROUP 1.25% LONDON 0.48% DEVELOPMENTS 1.25%
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 344 207,125 7487 - Other business activities 183 68,525 82990 - Other business support service activities not elsewhere classified 60 25,942 70229 - Management consultancy activities other than financial management 49 13,490 7260 - Other computer related activities 43 9,122 62090 - Other information technology service activities 41 5,854 9999 - Dormant Company 40 19,842 99999 - Dormant Company 37 14,342 62020 - Information technology consultancy activities 35 8,590 68100 - Buying and selling of own real estate 33 2,601 7414 - Business & management consultancy 30 14,598 7222 - Other software consultancy and supply 27 8,285 7499 - Non-trading company 24 13,997 98000 - Residents property management 24 3,540 96090 - Other service activities not elsewhere classified 23 7,922 74909 - Other professional, scientific and technical activities not elsewhere classified 22 6,684 62012 - Business and domestic software development 19 2,576 9305 - Other service activities 17 8,822 90030 - Artistic creation 17 1,299 4521 - General construction & civil engineering 13 8,262
Recent Companies
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Randomly selected companies from this quarter
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