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

  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 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)HoveUK
    2010696203,749
    2009476182,021
    % change46.2%11.9%
    Record Year2010 (696)2007 (279,097)
    New Companies by Half Year
  2. 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)HoveUK
    201037898,612
    200923890,987
    % change58.8%8.4%
    Record Year 2010 (378) 2007 (112,283)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2010139116123
    New companies in 2009737491
    % change90.4%56.8%35.2%
    Record Year2010 (139)2010 (116)2010 (123)

Closed Companies (dissolved)

  1. 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)HoveUK
    2010375177,631
    2009487289,236
    % change-23.0%-38.6%
    Record Year2009 (487)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)HoveUK
    201018594,954
    2009297181,176
    % change-37.7%-47.6%
    Record Year 2009 (297) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010438557
    Closed companies in 20098313777
    % change-48.2%-38.0%-26%
    Record Year2009 (83)2009 (137)2009 (77)

Net Company Growth

  1. 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)HoveUK
    201032126,118
    2009-11-107,215
    Record Year2003 (330)2007 (171,296)
    Net Growth by Half Year
  2. 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)HoveUK
    20101933,658
    2009-59-90,189
    Record Year 2010 (193) 2003 (69,274)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 2010963166
    Net growth in 2009-10-6314
    Record Year2010 (96)2006 (60)2010 (66)

UK Company Share

  1. 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
    20100.3%
    20090.3%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1960 (0.5%)
    Company Share by Half Year
  2. 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
    20100.4%
    20090.3%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1961 (0.5%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.4%0.4%0.3%
    UK formation share in 20090.2%0.3%0.3%
    % change75.1%49.4%21.6%
    Record Year1971 (0.6%)1960 (0.7%)1973 (0.6%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.55%MANAGEMENT5.01%
    PROPERTIES2.39%CONSULTING4.79%
    BRIGHTON1.33%CONSULTANCY3.02%
    INVESTMENTS1.33%PROPERTY2.40%
    PROPERTY1.22%ASSOCIATES2.02%
    SUSSEX1.17%TRADING2.01%
    CONSULTANCY1.11%DESIGN1.91%
    MANAGEMENT1.01%CONSTRUCTION1.85%
    DESIGN0.95%MEDIA1.80%
    HOVE0.80%BUSINESS1.75%
    DIGITAL0.74%CONSULTANTS1.71%
    CONSULTANTS0.74%INTERNATIONAL1.59%
    ROAD0.74%ENGINEERING1.56%
    ASSOCIATES0.69%LONDON1.52%
    CREATIVE0.69%INVESTMENTS1.49%
    MEDIA0.64%J1.46%
    CONSTRUCTION0.64%CARE1.41%
    RTM0.58%GLOBAL1.39%
    DEVELOPMENTS0.53%PROPERTIES1.35%
    TECHNOLOGY0.53%BUILDING1.33%
    M0.53%M1.29%
    PRODUCTIONS0.48%IT1.28%
    (SUSSEX)0.48%ELECTRICAL1.27%
    MARKETING0.48%GROUP1.25%
    LONDON0.48%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied344207,125
    7487 - Other business activities18368,525
    82990 - Other business support service activities not elsewhere classified6025,942
    70229 - Management consultancy activities other than financial management4913,490
    7260 - Other computer related activities439,122
    62090 - Other information technology service activities415,854
    9999 - Dormant Company4019,842
    99999 - Dormant Company3714,342
    62020 - Information technology consultancy activities358,590
    68100 - Buying and selling of own real estate332,601
    7414 - Business & management consultancy3014,598
    7222 - Other software consultancy and supply278,285
    7499 - Non-trading company2413,997
    98000 - Residents property management243,540
    96090 - Other service activities not elsewhere classified237,922
    74909 - Other professional, scientific and technical activities not elsewhere classified226,684
    62012 - Business and domestic software development192,576
    9305 - Other service activities178,822
    90030 - Artistic creation171,299
    4521 - General construction & civil engineering138,262

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07299920 MEDIAMORPH EUROPE LIMITED 30 Jun 2010
    07299071 RH ASSET MANAGEMENT CONSULTANCY LTD 29 Jun 2010
    07297376 WTF CONSULTANTS LIMITED 28 Jun 2010
    07296803 GATSBY FIELD LTD 28 Jun 2010
    07296309 K10 (LEADENHALL) LTD 25 Jun 2010
    07296208 STUDIO FIFTY FOUR LIMITED 25 Jun 2010
    07295886 MIKE A HOPE LTD 25 Jun 2010
    07294204 MAGNIFICENT DESIGN ENTERPRISES LTD 24 Jun 2010
    07291712 MVP OVERSEAS LTD. 22 Jun 2010
    07290925 81 BLATCHINGTON ROAD LIMITED 21 Jun 2010
    07289813 THE THIRD GUILD LIMITED 21 Jun 2010
    07288353 IRESOLVE LTD 17 Jun 2010
    07287330 CORBINK LTD 17 Jun 2010
    07286765 PATRICK LENDRUM LTD 16 Jun 2010
    07286589 REEFWORKS LTD 16 Jun 2010
    07286394 NIRE VENTURES LIMITED 16 Jun 2010
    07285587 JAMIE COWLIN LIMITED 15 Jun 2010
    07285404 VINEYARD IT LIMITED 15 Jun 2010
    07284755 VERTINO LTD 15 Jun 2010
    07282387 PANKHURST AVENUE MANAGEMENT COMPANY LIMITED 14 Jun 2010
    07279469 CHESTNUT COW MEDIA LTD 09 Jun 2010
    07279035 LAST DAY OF MAY LTD 09 Jun 2010
    07276678 HACKMAN CREATIVE SERVICES LTD 08 Jun 2010
    07274305 FEPLUS CONSULTANTS LTD 04 Jun 2010
    07274068 MOSS TECHNOLOGY LIMITED 04 Jun 2010