Hove, East Sussex

Q3 2010 Business Confidence Report

Headlines

  • Q3 2010 saw a new record in company registrations in Hove when compared to any previous Q3.
  • Q3 2010 was a record quarter for company registrations in Hove when compared to any quarter in history.
  • September 2010 saw a new record in company registrations in Hove when compared to any previous September.
  • September 2010 was a record month for company registrations in Hove when compared to any month in history.
  • August 2010 saw a new record in company registrations in Hove when compared to any previous August.
  • July 2010 saw a new record in company registrations in Hove when compared to any previous July.
  • Q3 2010 saw a new record in company closures in Hove when compared to any previous Q3.
  • July 2010 saw a new record in company closures in Hove when compared to any previous July.
  • Q3 2010 saw a new record in net growth in Hove when compared to any previous Q3.
  • September 2010 saw a new record in net growth in Hove when compared to any previous September.

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 (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company registrations in Hove when compared to any previous Q3.

    Q3 2010 was a record quarter for company registrations in Hove when compared to any quarter in history.

    A total of 394 companies were registered in Hove during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 18.3% versus the same period last year (Q3 2009). This figure compares well to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)HoveUK
    2010394101,492
    200933394,671
    % change18.3%7.2%
    Record Year 2010 (394) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

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

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010132119143
    New companies in 2009105118110
    % change25.7%0.8%30.0%
    Record Year2010 (132)2010 (119)2010 (143)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company closures in Hove when compared to any previous Q3.

    A total of 205 companies were dissolved in Hove during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 17.8% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)HoveUK
    201020587,705
    2009174159,401
    % change17.8%-45.0%
    Record Year 2010 (205) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    July 2010 saw a new record in company closures in Hove when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010766366
    Closed companies in 2009405282
    % change90.0%21.2%-20%
    Record Year2010 (76)2008 (126)2009 (82)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in net growth in Hove when compared to any previous Q3.

    Net company growth for Hove during the third quarter of 2010 (Jul 2010 - Sep 2010) was 189 companies.

    third quarter (Jul 2010 - Sep 2010)HoveUK
    201018913,787
    2009159-64,730
    Record Year 2010 (189) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    September 2010 saw a new record in net growth in Hove when compared to any previous September.

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2010565677
    Net growth in 2009656628
    Record Year2006 (68)2009 (66)2010 (77)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

    In the third quarter of 2010, Hove formed 0.4% of all UK companies.

    third quarter (Jul 2010 - Sep 2010)Hove
    20100.4%
    20090.4%
    20080.2%
    20070.2%
    20060.3%
    Record Year (since 1960) 1961 (0.8%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.4%0.4%0.4%
    UK formation share in 20090.3%0.4%0.3%
    % change16.9%-8.5%24.6%
    Record Year1961 (0.9%)1961 (0.7%)1963 (0.9%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 43.6.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Hove was in 1862 when 50.0% of all directors were female.

    27.0% of all director appointments in Hove in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.38%MANAGEMENT5.06%
    BRIGHTON1.48%CONSULTING4.99%
    CONSULTANCY1.43%CONSULTANCY3.12%
    MANAGEMENT1.23%PROPERTY2.38%
    HOVE1.18%TRADING2.04%
    DESIGN1.13%ASSOCIATES2.01%
    ROAD1.02%DESIGN1.93%
    MEDIA0.97%CONSTRUCTION1.86%
    DIGITAL0.97%BUSINESS1.80%
    SUSSEX0.97%MEDIA1.75%
    PROPERTY0.92%CONSULTANTS1.73%
    BUSINESS0.77%LONDON1.59%
    CREATIVE0.77%ENGINEERING1.59%
    CONSTRUCTION0.72%INVESTMENTS1.49%
    ASSOCIATES0.72%CARE1.44%
    CONSULTANTS0.72%J1.44%
    IT0.67%INTERNATIONAL1.43%
    (SUSSEX)0.67%GLOBAL1.42%
    PROPERTIES0.61%IT1.35%
    PRODUCTIONS0.56%PROPERTIES1.35%
    TRADING0.56%BUILDING1.32%
    RTM0.51%ELECTRICAL1.30%
    DEVELOPMENTS0.46%M1.28%
    TECHNOLOGY0.46%SYSTEMS1.26%
    M0.46%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied360202,902
    7487 - Other business activities18769,802
    7011 - Development & sell real estate623,743
    82990 - Other business support service activities not elsewhere classified5725,053
    7260 - Other computer related activities558,967
    70229 - Management consultancy activities other than financial management4913,161
    9999 - Dormant Company4321,484
    62090 - Other information technology service activities425,716
    99999 - Dormant Company3714,072
    7414 - Business & management consultancy3614,940
    62020 - Information technology consultancy activities358,292
    68100 - Buying and selling of own real estate332,447
    7222 - Other software consultancy and supply318,183
    7499 - Non-trading company2413,408
    98000 - Residents property management233,273
    74909 - Other professional, scientific and technical activities not elsewhere classified226,460
    9305 - Other service activities209,454
    96090 - Other service activities not elsewhere classified207,767
    62012 - Business and domestic software development182,548
    90030 - Artistic creation161,255

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07359920 TROODOS CONSULTANCY LTD 27 Aug 2010
    07357589 ARCITUS SOLUTIONS LTD 26 Aug 2010
    07357483 WEDDING AND ENGAGEMENT RINGS LTD 25 Aug 2010
    07355874 ONTIMEPLUMBER.CO.UK LTD 24 Aug 2010
    07355486 FINISTERRE DATA CONSULTANCY LTD 24 Aug 2010
    07354543 GRL (UK) LTD 24 Aug 2010
    07353701 VAB (HAVERFORDWEST) LTD 23 Aug 2010
    07352560 SOUL MATE EVENTS LTD 20 Aug 2010
    07351576 2 AND 3 HOVE PLACE LIMITED 20 Aug 2010
    07351087 BRIGHT IDEA SOFTWARE SOLUTIONS LTD 19 Aug 2010
    07351014 SQL DATABASE SOLUTIONS LTD 19 Aug 2010
    07349706 MCPARLAND CONSULTING LTD 18 Aug 2010
    07347121 BRIGHTON & HOVE PLASTICS LIMITED 16 Aug 2010
    07347026 WEBBER CONSTRUCTION LTD 16 Aug 2010
    07346532 IDIA LTD 16 Aug 2010
    07344885 MR LITTLE LTD 13 Aug 2010
    07343503 PAGODA SERVICES TRAINING UK LTD 12 Aug 2010
    07343178 DIGITAL ALLEY LIMITED 11 Aug 2010
    07342883 RML PROPERTIES (UK) LIMITED 11 Aug 2010
    07342479 NANOTECH SST LIMITED 11 Aug 2010
    07342426 BRAVO ELITE SERVICES LTD 11 Aug 2010
    07339485 M&J MANAGEMENT CONSULTANCY LIMITED 09 Aug 2010
    07338289 PERMANON UK LIMITED 06 Aug 2010
    07338129 MDRTRAD LIMITED 06 Aug 2010
    07337195 STEVE EVANS LTD 05 Aug 2010