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Hove, East Sussex

Q1 2011 Business Confidence Report

Headlines

  • Q1 2011 saw a new record in company registrations in Hove when compared to any previous Q1.
  • Q1 2011 was a record quarter for company registrations in Hove when compared to any quarter in history.
  • March 2011 saw a new record in company registrations in Hove when compared to any previous March.
  • February 2011 saw a new record in company registrations in Hove when compared to any previous February.
  • February 2011 was a record month for company registrations in Hove when compared to any month in history.
  • January 2011 saw a new record in company registrations in Hove when compared to any previous January.
  • Q1 2011 saw a new record in company closures in Hove when compared to any previous Q1.
  • January 2011 saw a new record in company closures in Hove when compared to any previous January.
  • Q1 2011 saw a new record in net growth in Hove when compared to any previous Q1.
  • Q1 2011 was a record quarter for net growth in Hove when compared to any quarter in history.
  • March 2011 saw a new record in net growth in Hove when compared to any previous March.
  • February 2011 saw a new record in net growth in Hove when compared to any previous February.
  • February 2011 was a record month for net growth in Hove when compared to any month in history.
  • January 2011 saw a new record in net growth in Hove when compared to any previous January.

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 2011)

    Q1 2011 saw a new record in company registrations in Hove when compared to any previous Q1.

    Q1 2011 was a record quarter for company registrations in Hove when compared to any quarter in history.

    A total of 444 companies were registered in Hove during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 39.6% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)HoveUK
    2011444116,391
    2010318105,137
    % change39.6%10.7%
    Record Year 2011 (444) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    March 2011 saw a new record in company registrations in Hove when compared to any previous March.

    February 2011 saw a new record in company registrations in Hove when compared to any previous February.

    February 2011 was a record month for company registrations in Hove when compared to any month in history.

    January 2011 saw a new record in company registrations in Hove when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011131161152
    New companies in 20109396129
    % change40.9%67.7%17.8%
    Record Year2011 (131)2011 (161)2011 (152)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Q1 2011 saw a new record in company closures in Hove when compared to any previous Q1.

    A total of 198 companies were dissolved in Hove during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 4.2% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)HoveUK
    201119890,986
    201019082,677
    % change4.2%10.0%
    Record Year 2011 (198) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Hove when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011765765
    Closed companies in 2010576469
    % change33.3%-10.9%-6%
    Record Year2011 (76)2000 (83)2009 (112)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Q1 2011 saw a new record in net growth in Hove when compared to any previous Q1.

    Q1 2011 was a record quarter for net growth in Hove when compared to any quarter in history.

    Net company growth for Hove during the first quarter of 2011 (Jan 2011 - Mar 2011) was 246 companies.

    first quarter (Jan 2011 - Mar 2011)HoveUK
    201124625,405
    201012822,460
    Record Year 2011 (246) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    March 2011 saw a new record in net growth in Hove when compared to any previous March.

    February 2011 saw a new record in net growth in Hove when compared to any previous February.

    February 2011 was a record month for net growth in Hove when compared to any month in history.

    January 2011 saw a new record in net growth in Hove when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20115510487
    Net growth in 2010363260
    Record Year2011 (55)2011 (104)2011 (87)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Hove formed 0.4% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Hove
    20110.4%
    20100.3%
    20090.3%
    20080.2%
    20070.2%
    Record Year (since 1960) 1960 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.4%0.4%0.3%
    UK formation share in 20100.3%0.3%0.3%
    % change21.5%47.5%12.4%
    Record Year1969 (0.6%)1963 (0.7%)1975 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 42.9.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

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

    27.4% of all director appointments in Hove in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    CONSULTING3.48%CONSULTING5.04%
    CONSULTANCY1.59%MANAGEMENT4.97%
    BRIGHTON1.28%CONSULTANCY3.16%
    IT1.10%PROPERTY2.38%
    HOVE1.06%TRADING2.10%
    MANAGEMENT1.01%DESIGN1.93%
    MEDIA0.97%ASSOCIATES1.92%
    DESIGN0.97%BUSINESS1.87%
    DIGITAL0.79%CONSTRUCTION1.80%
    CREATIVE0.75%CONSULTANTS1.76%
    ROAD0.71%MEDIA1.69%
    SYSTEMS0.71%ENGINEERING1.61%
    BUSINESS0.71%LONDON1.60%
    ASSOCIATES0.57%CARE1.45%
    PRODUCTIONS0.53%J1.45%
    SUSSEX0.53%GLOBAL1.44%
    CONSULTANTS0.53%INVESTMENTS1.43%
    TRADING0.49%IT1.41%
    BUILDING0.49%PROPERTIES1.36%
    HAMILTON0.49%BUILDING1.34%
    MARKETING0.49%M1.30%
    RTM0.44%ELECTRICAL1.28%
    J0.44%S1.24%
    CONSTRUCTION0.44%INTERNATIONAL1.23%
    (HOVE)0.40%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied378202,798
    7487 - Other business activities17960,968
    82990 - Other business support service activities not elsewhere classified7430,253
    62090 - Other information technology service activities716,996
    70229 - Management consultancy activities other than financial management6716,150
    7011 - Development & sell real estate582,654
    62020 - Information technology consultancy activities5710,246
    68100 - Buying and selling of own real estate472,528
    7260 - Other computer related activities467,789
    99999 - Dormant Company4318,336
    9999 - Dormant Company4019,765
    74909 - Other professional, scientific and technical activities not elsewhere classified397,788
    7414 - Business & management consultancy3512,916
    62012 - Business and domestic software development273,168
    7222 - Other software consultancy and supply257,000
    98000 - Residents property management233,154
    96090 - Other service activities not elsewhere classified2210,085
    90030 - Artistic creation221,535
    7499 - Non-trading company1711,316
    9305 - Other service activities178,740

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07584837 LITTLE SEED DESIGN LTD 30 Mar 2011
    07581916 GREENLEAF TECHNOLOGIES LTD 29 Mar 2011
    07581596 SEVENTEENTEN HOSPITALITY LTD 29 Mar 2011
    07580069 FALCON FLIGHT TRAINING LTD 28 Mar 2011
    07578706 WILTON HOUSE RTM COMPANY LIMITED 25 Mar 2011
    07577195 RF SYSTEMS (H2O) LTD 24 Mar 2011
    07576001 REVENUP INCORPORATED LTD 23 Mar 2011
    07575994 DO SOMETHING FOR KIDS 23 Mar 2011
    07574308 3D WARRIOR LTD 22 Mar 2011
    07573727 TEETH WHITENING FACTORY LIMITED 22 Mar 2011
    07573454 SOUTH EAST WELLBEING CONSORTIUM 22 Mar 2011
    07573001 GIAGO SOFTWARE LTD 22 Mar 2011
    07571469 ORGANIC ROOFS LTD 21 Mar 2011
    07570418 INCAB ADVERTISING LIMITED 18 Mar 2011
    07570313 THE CAKE OUTLET LIMITED 18 Mar 2011
    07568380 RELEASE 2 LTD 17 Mar 2011
    07567712 SOUTHERN CROSS IT SOLUTIONS LTD 17 Mar 2011
    07565412 BRISTOL BRIGHTON LIMITED 15 Mar 2011
    07564194 STRUCTURED AV LIMITED 15 Mar 2011
    07562980 RBOBOTU LIMITED 14 Mar 2011
    07561710 G A C A LIMITED 11 Mar 2011
    07561222 WARD PROGRAMMING LTD 11 Mar 2011
    07561060 33 WILBURY ROAD LIMITED 11 Mar 2011
    07560182 ZEST4 CONSULTANCY LTD 10 Mar 2011
    07559756 GLOBAL TRANSFORMATION LTD 10 Mar 2011