Hove, East Sussex

2012 Annual Business Confidence Report

Headlines

  • October 2012 saw a new record in company closures in Hove when compared to any previous October.
  • November 2012 saw a new record in net growth in Hove when compared to any previous November.

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 (2012)

    A total of 1,516 companies were formed in Hove in 2012. This total is 10.8% lower than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearHoveUK
    20121,516491,893
    20111,700452,870
    20101,462400,358
    20091,072362,675
    2008810349,203
    Record Year2011 (1,700)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 702 companies were formed in Hove. This figure is 14.1% lower than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Hove occurred in 2011 when a total of 817 were formed.

    Half Year (Jul-Dec)HoveUK
    2012702238,743
    2011817224,135
    % change-14.1%6.5%
    Record Year2011 (817)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 336 companies were registered in Hove during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 16.2% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)HoveUK
    2012336119,875
    2011401109,623
    % change-16.2%9.4%
    Record Year 2011 (401) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201211113293
    New companies in 2011135135131
    % change-17.8%-2.2%-29.0%
    Record Year2010 (142)2011 (135)2011 (131)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 662 companies were dissolved in Hove in 2012. This total is 7.3% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.

    YearHoveUK
    2012662293,728
    2011714314,524
    2010724342,233
    2009879533,787
    2008510237,873
    Record Year2009 (879)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 308 companies were dissolved in Hove. This figure is 10.7% lower than last year, which compares well to the UK wide change of -4.1%.

    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
    2012308145,934
    2011345152,213
    % change-10.7%-4.1%
    Record Year2009 (392)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 155 companies were dissolved in Hove during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 16.7% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)HoveUK
    201215570,026
    201118679,983
    % change-16.7%-12.4%
    Record Year 2009 (218) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company closures in Hove when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012864821
    Closed companies in 2011496473
    % change75.5%-25.0%-71%
    Record Year2012 (86)1999 (78)2009 (88)

Net Company Growth

  1. Annual Data (2012)

    A total of 854 companies were added to the company register for Hove in 2012. This number represents growth of 50.2% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 132 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2011 when the Hove company register grew by 986 companies.

    YearHoveUK
    2012854198,165
    2011986138,346
    201073858,125
    2009193-171,112
    2008300111,330
    Record Year2011 (986)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Hove increased by 394 companies.

    Half Year (Jul-Dec)HoveUK
    201239492,809
    201147271,922
    Record Year2011 (472)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Hove during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 181 companies.

    fourth quarter (Oct 2012 - Dec 2012)HoveUK
    201218149,849
    201121529,640
    Record Year 2010 (228) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    November 2012 saw a new record in net growth in Hove when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012258472
    Net growth in 2011867158
    Record Year2011 (86)2012 (84)2010 (82)

UK Company Share

  1. Annual Data (2012)

    In 2012 Hove formed 0.3% of all UK companies. This is a decline on 2011 when Hove was responsible for 0.4% of all UK companies.

    YearHove
    20120.3%
    20110.4%
    20100.4%
    20090.3%
    20080.2%
    Record Year (since 1960)1960 (0.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Hove formed 0.3% of all UK companies. This is less than the 2011 figure of 0.4%.

    Half Year (Jul-Dec)Hove
    20120.3%
    20110.4%
    20100.4%
    20090.3%
    20080.2%
    Record Year (since 1960) 1960 (0.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Hove formed 0.3% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Hove
    20120.3%
    20110.4%
    20100.4%
    20090.3%
    20080.2%
    Record Year (since 1960) 1966 (0.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.2%0.3%0.3%
    UK formation share in 20110.3%0.3%0.4%
    % change-30.9%-7.0%-30.9%
    Record Year1966 (1.0%)1966 (1.1%)1969 (0.9%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 41.9.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 43.0.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 44.2.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 7.6% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Hove was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Hove in 2012 was 31.7%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

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

    24.1% of all director appointments in Hove in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Hove was in 1977 when 31.2% of all directors were female.

    20.8% of all director appointments in Hove in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING3.43%CONSULTING5.15%
    CONSULTANCY1.29%MANAGEMENT4.78%
    MANAGEMENT1.07%CONSULTANCY3.31%
    BRIGHTON0.93%PROPERTY2.40%
    CREATIVE0.85%TRADING2.03%
    DESIGN0.80%DESIGN1.86%
    MEDIA0.67%ASSOCIATES1.82%
    DIGITAL0.67%ENGINEERING1.79%
    INVESTMENTS0.62%BUSINESS1.76%
    ASSOCIATES0.62%CONSULTANTS1.75%
    ROAD0.62%CONSTRUCTION1.69%
    PROPERTY0.58%LONDON1.69%
    SUSSEX0.53%MEDIA1.69%
    HOVE0.53%GLOBAL1.59%
    (HOVE)0.53%J1.57%
    SOFTWARE0.53%INVESTMENTS1.46%
    BUSINESS0.49%IT1.43%
    TECHNOLOGY0.49%CARE1.39%
    HOUSE0.45%PROPERTIES1.34%
    CONSULTANTS0.45%M1.26%
    RTM0.45%BUILDING1.23%
    FILMS0.45%ENTERPRISES1.21%
    IT0.40%TRAINING1.18%
    PRODUCTIONS0.40%ELECTRICAL1.17%
    SYSTEMS0.40%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied465236,139
    62090 - Other information technology service activities32612,291
    62020 - Information technology consultancy activities28323,256
    74909 - Other professional, scientific and technical activities not elsewhere classified18815,572
    70229 - Management consultancy activities other than financial management17330,396
    82990 - Other business support service activities not elsewhere classified15552,427
    62012 - Business and domestic software development1087,446
    96090 - Other service activities not elsewhere classified8222,058
    99999 - Dormant Company7740,648
    98000 - Residents property management494,377
    7487 - Other business activities3610,703
    90030 - Artistic creation353,420
    47910 - Retail sale via mail order houses or via Internet346,307
    86900 - Other human health activities337,866
    73110 - Advertising agencies333,177
    74100 - specialised design activities303,267
    59111 - Motion picture production activities272,479
    68100 - Buying and selling of own real estate254,752
    41100 - Development of building projects217,980
    71111 - Architectural activities212,539

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08277644 HOODOO FX LIMITED 01 Nov 2012
    08279660 DIVIS TECHNOLOGY SOLUTIONS LTD 02 Nov 2012
    08279926 BRENELLIE LIMITED 05 Nov 2012
    08280805 GREEN TIGER FITNESS LTD 05 Nov 2012
    08282162 DOUGAL IT LTD 06 Nov 2012
    08285036 TICKET MAESTRO LIMITED 07 Nov 2012
    08285040 EA STRATEGY CONSULTING LTD 07 Nov 2012
    08285419 L A MOORE CONSULTANCY LTD 08 Nov 2012
    08286065 GES PROPERTY LIMITED 08 Nov 2012
    08286100 OAKS TRUST 08 Nov 2012
    08286153 DEANE BRENNAN LTD 08 Nov 2012
    08289862 OVERSEAS TRADING IBERICA LIMITED 12 Nov 2012
    08289974 BRAINPULSE LTD 12 Nov 2012
    08290454 SIPPCLUB LTD 12 Nov 2012
    08291527 ADRIAN FRENCH LIMITED 13 Nov 2012
    08291754 DIGITAL RESOURCE LTD 13 Nov 2012
    08292798 CLOUDQA LTD 14 Nov 2012
    08294085 SIMO INVESTMENTS LTD 15 Nov 2012
    08294145 BENNETT OAKLEY LIMITED 15 Nov 2012
    08295290 RDEE TV LTD 15 Nov 2012
    08296056 SRS CONTRACTING LTD 16 Nov 2012
    08296887 ENACT TECH UK LTD 16 Nov 2012
    08297992 LIFE CLEANSE COACHING LTD. 19 Nov 2012
    08299028 CITY SCAFFOLDING HOVE LTD 19 Nov 2012
    08299332 PURE BODY NUTRITION LIMITED 20 Nov 2012