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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
    07511219 NEVILL ROAD LIMITED 31 Jan 2011
    07509717 CLEAR TEST CONSULTING LTD 28 Jan 2011
    07509106 SHINE SPECIALISTS LTD 28 Jan 2011
    07507430 AMP TELEMARKETING LTD 27 Jan 2011
    07507407 EDVENTUROUS LTD 27 Jan 2011
    07507298 ADAMS UPHOLSTERY LTD 27 Jan 2011
    07505691 ROCK FOODS LTD 26 Jan 2011
    07505001 HUMAIRA LTD 25 Jan 2011
    07501051 GFC KEBAB HOUSE LTD 21 Jan 2011
    07500613 SAT TECHNOLOGIES LTD 21 Jan 2011
    07499220 CODERSTACK LTD 20 Jan 2011
    07498945 SQUARE & CIRCLE LTD 19 Jan 2011
    07498481 D SPANTON CONSULTING LTD 19 Jan 2011
    07496673 MATT GLEESON CONTRACTORS LTD 18 Jan 2011
    07496415 H J ADU & SONS LTD 18 Jan 2011
    07493763 DADA PROJECTS LTD 14 Jan 2011
    07491993 THE RAOUL WALLENBERG SOCIETY 13 Jan 2011
    07491309 REEKIE AGILE IT SERVICES LTD 13 Jan 2011
    07490404 STREETSCOPE LTD 12 Jan 2011
    07489926 CHILLI PR LIMITED 12 Jan 2011
    07489732 CHUMPAGNE LIMITED 12 Jan 2011
    07489260 SCOUT LONDON LIMITED 11 Jan 2011
    07488911 COUCHMAN APPLIANCE REPAIRS LIMITED 11 Jan 2011
    07488482 COPACETIC LTD 11 Jan 2011
    07488252 GREY HEN FINANCIAL LTD 11 Jan 2011