
Hove, East Sussex
Q3 2011 Business Confidence Report

Headlines
- Q3 2011 saw a new record in company registrations in Hove when compared to any previous Q3.
- September 2011 saw a new record in company registrations in Hove when compared to any previous September.
- August 2011 saw a new record in company registrations in Hove when compared to any previous August.
- Q3 2011 saw a new record in net growth in Hove when compared to any previous Q3.
- September 2011 saw a new record in net growth in Hove when compared to any previous September.
- August 2011 saw a new record in net growth in Hove when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2011)
Q3 2011 saw a new record in company registrations in Hove when compared to any previous Q3.
A total of 416 companies were registered in Hove during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is an increase of 5.6% versus the same period last year (Q3 2010). This figure compares equally to the UK as a whole, which saw an increase of 12.8% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Hove UK 2011 416 114,512 2010 394 101,492 % change 5.6% 12.8% Record Year 2011 (416) 2011 (114,512) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
September 2011 saw a new record in company registrations in Hove when compared to any previous September.
August 2011 saw a new record in company registrations in Hove when compared to any previous August.
New Companies by Month
July August September New companies in 2011 110 152 154 New companies in 2010 132 119 143 % change -16.7% 27.7% 7.7% Record Year 2010 (132) 2011 (152) 2011 (154)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2011)
A total of 159 companies were dissolved in Hove during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is a decrease of 22.4% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw a decrease of 17.6% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Hove UK 2011 159 72,230 2010 205 87,705 % change -22.4% -17.6% Record Year 2010 (205) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Dissolved Companies by Month
July August September Closed companies in 2011 47 51 61 Closed companies in 2010 76 63 66 % change -38.2% -19.0% -8% Record Year 2010 (76) 2008 (126) 2009 (82)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2011)
Q3 2011 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 2011 (Jul 2011 - Sep 2011) was 257 companies.
third quarter (Jul 2011 - Sep 2011) Hove UK 2011 257 42,282 2010 189 13,787 Record Year 2011 (257) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
September 2011 saw a new record in net growth in Hove when compared to any previous September.
August 2011 saw a new record in net growth in Hove when compared to any previous August.
Net Growth by Month
July August September Net growth in 2011 63 101 93 Net growth in 2010 56 56 77 Record Year 2006 (68) 2011 (101) 2011 (93)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2011)
In the third quarter of 2011, Hove formed 0.4% of all UK companies.
third quarter (Jul 2011 - Sep 2011) Hove 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.2% 2007 0.2% Record Year (since 1960) 1961 (0.8%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Company Share by Month
July August September UK formation share in 2011 0.3% 0.4% 0.4% UK formation share in 2010 0.4% 0.4% 0.4% % change -23.8% 7.5% -2.7% Record Year 1961 (0.9%) 1961 (0.7%) 1963 (0.9%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2011)
The average age of a director in the third quarter of 2011 was 40.7.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2011)
The record third quarter for female directors in Hove was in 1862 when 50.0% of all directors were female.
30.9% of all director appointments in Hove in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2010-Sep 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.38% CONSULTING 5.11% IT 1.42% MANAGEMENT 4.75% CONSULTANCY 1.29% CONSULTANCY 3.19% BRIGHTON 1.13% PROPERTY 2.41% DESIGN 1.00% TRADING 2.06% SOFTWARE 0.92% DESIGN 1.94% MEDIA 0.92% ASSOCIATES 1.85% SYSTEMS 0.88% BUSINESS 1.82% MANAGEMENT 0.83% CONSULTANTS 1.76% DIGITAL 0.67% ENGINEERING 1.74% HOVE 0.63% MEDIA 1.72% PROPERTY 0.58% CONSTRUCTION 1.72% SUSSEX 0.58% LONDON 1.63% BUSINESS 0.54% J 1.47% CREATIVE 0.54% GLOBAL 1.46% ASSOCIATES 0.54% INVESTMENTS 1.43% CONSULTANTS 0.50% CARE 1.42% PRODUCTIONS 0.50% IT 1.38% ROAD 0.46% BUILDING 1.30% DEVELOPMENT 0.46% PROPERTIES 1.28% ENGINEERING 0.42% ELECTRICAL 1.27% WEB 0.42% M 1.25% MARKETING 0.42% ENERGY 1.22% HAMILTON 0.42% TRAINING 1.21% (HOVE) 0.38% S 1.21%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 391 204,493 7487 - Other business activities 220 65,177 7260 - Other computer related activities 98 8,686 62090 - Other information technology service activities 91 6,798 7222 - Other software consultancy and supply 86 8,345 62020 - Information technology consultancy activities 73 10,137 70229 - Management consultancy activities other than financial management 72 15,760 82990 - Other business support service activities not elsewhere classified 72 29,245 7414 - Business & management consultancy 70 14,755 7011 - Development & sell real estate 57 2,638 74909 - Other professional, scientific and technical activities not elsewhere classified 45 7,551 68100 - Buying and selling of own real estate 45 2,426 99999 - Dormant Company 42 18,281 9999 - Dormant Company 39 22,587 62012 - Business and domestic software development 31 3,137 98000 - Residents property management 27 2,664 96090 - Other service activities not elsewhere classified 24 10,018 9305 - Other service activities 21 10,525 90030 - Artistic creation 21 1,494 7499 - Non-trading company 20 11,543
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07758454 POOLE BROTHERS LTD 01 Sep 2011 07758719 PATEL SOFTWARE SOLUTIONS LTD 01 Sep 2011 07759313 FLY OVERSEAS EDUCATION LTD 01 Sep 2011 07759345 TELECONNEX COMMUNICATIONS LIMITED 01 Sep 2011 07759921 ACHRISTO SOLUTIONS LTD 02 Sep 2011 07761332 THE ORGANIC PROTEIN COMPANY LTD 05 Sep 2011 07763882 LW MEMORIALS LTD 06 Sep 2011 07764436 ATTICA DELI LIMITED 06 Sep 2011 07764607 APM CONTRACTORS LTD 06 Sep 2011 07765128 I SEE DEAD PIXELS LTD 07 Sep 2011 07765605 CRYSTAL SEASON SOLUTIONS LIMITED 07 Sep 2011 07766493 FURZEDENE RESIDENTS MANAGEMENT COMPANY LTD. 08 Sep 2011 07767707 ESGOB LTD 08 Sep 2011 07767977 THE DNA TESTING COMPANY LIMITED 09 Sep 2011 07768709 ONE BIG ELEMENT LIMITED 09 Sep 2011 07769191 THE ZMG LIMITED 09 Sep 2011 07769365 INBOUND PROFITS LTD 12 Sep 2011 07760609 IVANAVICIUS CONSULTING LTD 02 Sep 2011 07772311 SMARTER PROPERTY LETTINGS LIMITED 13 Sep 2011 07773649 SAM ATHERTON LTD 14 Sep 2011 07776137 INSIGHTFUL DIRECTION LTD 16 Sep 2011 07776219 R B AUTOS LTD 16 Sep 2011 07776252 HEDGEHOG FOX LTD 16 Sep 2011 07776513 ONLY EXTENSIONS LTD 16 Sep 2011 07776744 RJAITLY ASSOCIATES LTD 16 Sep 2011
reports
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