Hove, East Sussex

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Hove when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Hove when compared to any previous second half year.
  • The second half of 2010 was a record second half year for company registrations in Hove when compared to any half year in history.
  • Q4 2010 saw a new record in company registrations in Hove when compared to any previous Q4.
  • December 2010 saw a new record in company registrations in Hove when compared to any previous December.
  • November 2010 saw a new record in company registrations in Hove when compared to any previous November.
  • October 2010 saw a new record in company registrations in Hove when compared to any previous October.
  • 2010 was a record year for net growth in Hove when compared to any year in history.
  • The second half of 2010 saw a new record in net growth in Hove when compared to any previous second half year.
  • The second half of 2010 was a record second half year for net growth in Hove when compared to any half year in history.
  • Q4 2010 saw a new record in net growth in Hove when compared to any previous Q4.
  • Q4 2010 was a record quarter for net growth in Hove when compared to any quarter in history.
  • December 2010 saw a new record in net growth in Hove when compared to any previous December.
  • November 2010 saw a new record in net growth in Hove when compared to any previous November.
  • October 2010 saw a new record in net growth in Hove when compared to any previous October.

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. Annual Data (2010)

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

    A total of 1,462 companies were formed in Hove in 2010. This total is 36.4% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearHoveUK
    20101,462400,358
    20091,072362,675
    2008810349,203
    2007986457,649
    2006952405,440
    Record Year2010 (1,462)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Hove when compared to any previous second half year.

    The second half of 2010 was a record second half year for company registrations in Hove when compared to any half year in history.

    In the second half of 2010 a total of 766 companies were formed in Hove. This figure is 28.5% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Hove occurred in 2010 when a total of 766 were formed.

    Half Year (Jul-Dec)HoveUK
    2010766196,609
    2009596180,654
    % change28.5%8.8%
    Record Year2010 (766)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Hove when compared to any previous Q4.

    A total of 372 companies were registered in Hove during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 41.4% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)HoveUK
    201037295,117
    200926385,983
    % change41.4%10.6%
    Record Year 2010 (372) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010142123107
    New companies in 2009989273
    % change44.9%33.7%46.6%
    Record Year2010 (142)2010 (123)2010 (107)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 723 companies were dissolved in Hove in 2010. This total is 17.7% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearHoveUK
    2010723342,232
    2009879533,773
    2008510237,901
    2007549220,295
    2006460200,166
    Record Year2009 (879)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 348 companies were dissolved in Hove. This figure is 11.2% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Hove occurred in 2009 when a total of 392 were closed.

    Half Year (Jul-Dec)HoveUK
    2010348164,601
    2009392244,537
    % change-11.2%-32.7%
    Record Year2009 (392)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 143 companies were dissolved in Hove during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 34.4% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)HoveUK
    201014376,896
    200921885,136
    % change-34.4%-9.7%
    Record Year 2009 (218) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010576224
    Closed companies in 2009725888
    % change-20.8%6.9%-73%
    Record Year2002 (75)1999 (78)2009 (88)

Net Company Growth

  1. Annual Data (2010)

    2010 was a record year for net growth in Hove when compared to any year in history.

    A total of 739 companies were added to the company register for Hove in 2010. This number represents growth of 68.9% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 546 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2010 when the Hove company register grew by 739 companies.

    YearHoveUK
    201073958,126
    2009193-171,098
    2008300111,302
    2007437237,354
    2006492205,274
    Record Year2010 (739)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in net growth in Hove when compared to any previous second half year.

    The second half of 2010 was a record second half year for net growth in Hove when compared to any half year in history.

    In the second half of 2010 the company register for Hove increased by 418 companies.

    Half Year (Jul-Dec)HoveUK
    201041832,008
    2009204-63,883
    Record Year2010 (418)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in net growth in Hove when compared to any previous Q4.

    Q4 2010 was a record quarter for net growth in Hove when compared to any quarter in history.

    Net company growth for Hove during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 229 companies.

    fourth quarter (Oct 2010 - Dec 2010)HoveUK
    201022918,221
    200945847
    Record Year 2010 (229) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

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

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010856183
    Net growth in 20092634-15
    Record Year2010 (85)2010 (61)2010 (83)

UK Company Share

  1. Annual Data (2010)

    In 2010 Hove formed 0.4% of all UK companies. This is an improvement on 2009 when Hove was responsible for 0.3% of all UK companies.

    YearHove
    20100.4%
    20090.3%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960)1960 (0.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Hove formed 0.4% of all UK companies. This is more than the 2009 figure of 0.3%.

    Half Year (Jul-Dec)Hove
    20100.4%
    20090.3%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1960 (0.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Hove
    20100.4%
    20090.3%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1966 (0.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.4%0.4%0.4%
    UK formation share in 20090.3%0.3%0.3%
    % change26.9%19.5%39.5%
    Record Year1966 (1.0%)1966 (1.1%)1969 (0.9%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.3.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 43.0.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 42.2.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Hove was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Hove in 2010 was 28.7%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Hove was 1860 when 42.9% of all directors were female.

    26.9% of all director appointments in Hove in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Hove was in 1977 when 31.1% of all directors were female.

    26.9% of all director appointments in Hove in the fourth 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 (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING3.59%CONSULTING5.06%
    MANAGEMENT1.29%MANAGEMENT5.01%
    BRIGHTON1.25%CONSULTANCY3.14%
    CONSULTANCY1.20%PROPERTY2.36%
    MEDIA1.15%TRADING2.11%
    DESIGN1.05%ASSOCIATES1.95%
    HOVE1.05%DESIGN1.92%
    CREATIVE0.91%BUSINESS1.82%
    DIGITAL0.91%CONSTRUCTION1.82%
    ROAD0.86%CONSULTANTS1.76%
    BUSINESS0.81%MEDIA1.71%
    IT0.81%ENGINEERING1.62%
    ASSOCIATES0.77%LONDON1.60%
    SUSSEX0.77%CARE1.45%
    PROPERTY0.67%INVESTMENTS1.44%
    SYSTEMS0.62%GLOBAL1.43%
    CONSTRUCTION0.62%J1.42%
    PROPERTIES0.57%IT1.41%
    PRODUCTIONS0.57%PROPERTIES1.34%
    CONSULTANTS0.57%INTERNATIONAL1.34%
    BUILDING0.57%BUILDING1.34%
    TRADING0.53%M1.30%
    RTM0.48%ELECTRICAL1.25%
    M0.48%SYSTEMS1.24%
    TECHNOLOGY0.48%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied360199,572
    7487 - Other business activities17763,348
    82990 - Other business support service activities not elsewhere classified7027,550
    7011 - Development & sell real estate602,949
    70229 - Management consultancy activities other than financial management5614,505
    62090 - Other information technology service activities506,330
    7260 - Other computer related activities488,089
    99999 - Dormant Company4316,285
    62020 - Information technology consultancy activities429,177
    9999 - Dormant Company4020,144
    68100 - Buying and selling of own real estate362,446
    7414 - Business & management consultancy3213,474
    7222 - Other software consultancy and supply287,298
    74909 - Other professional, scientific and technical activities not elsewhere classified277,088
    96090 - Other service activities not elsewhere classified238,799
    98000 - Residents property management233,235
    62012 - Business and domestic software development212,858
    7499 - Non-trading company2112,000
    90030 - Artistic creation191,351
    9305 - Other service activities188,858

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07480510 SOSHUL LTD 31 Dec 2010
    07480121 CREATE AV LIMITED 30 Dec 2010
    07479899 MATALB LIMITED 30 Dec 2010
    07478205 ALTO ASSOCIATES LIMITED 23 Dec 2010
    07476931 PRAGMASOL LIMITED 22 Dec 2010
    07476275 PHILIPS BUILDING SERVICES LIMITED 22 Dec 2010
    07475392 KATE LIDBETTER LIMITED 21 Dec 2010
    07475180 JASPER STOCKER LTD 21 Dec 2010
    07474992 BEE&ANT LIMITED 21 Dec 2010
    07474880 HOINICK LTD 21 Dec 2010
    07474064 KAREN SLADE LTD 20 Dec 2010
    07473335 IMPACT WEAR MANAGMENT LEASE LIMITED 20 Dec 2010
    07469320 LUXURY ALCOHOLS LIMITED 14 Dec 2010
    07466645 HEALTHCARE BUILDING AND MAINTENANCE SERVICES LTD 10 Dec 2010
    07466436 ANDHAPP LIMITED 10 Dec 2010
    07465839 BIG LETTERS LITTLE LETTERS LIMITED 10 Dec 2010
    07464712 ENDLESS DESIGN LTD 09 Dec 2010
    07464486 ACS BUSINESS DEVELOPMENT LIMITED 08 Dec 2010
    07463374 BRAIN AUDIO SYSTEMS LIMITED 08 Dec 2010
    07461991 SOLOSO CONSULTING LTD 07 Dec 2010
    07460957 MAYVIN LIMITED 06 Dec 2010
    07460057 ECOPLUMB (HOVE) LTD 03 Dec 2010
    07458454 STELLAR PR LTD 02 Dec 2010
    07457948 RACINE RESTAURANTS LIMITED 02 Dec 2010
    07457113 DNF PHARMA SOLUTIONS LIMITED 01 Dec 2010