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
New Company Registrations
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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.
Year Hove UK 2012 1,516 491,893 2011 1,700 452,870 2010 1,462 400,358 2009 1,072 362,675 2008 810 349,203 Record Year 2011 (1,700) 2012 (491,893) New Companies by Year
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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) Hove UK 2012 702 238,743 2011 817 224,135 % change -14.1% 6.5% Record Year 2011 (817) 2012 (238,743) New Companies by Half Year
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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) Hove UK 2012 336 119,875 2011 401 109,623 % change -16.2% 9.4% Record Year 2011 (401) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
New Companies by Month
October November December New companies in 2012 111 132 93 New companies in 2011 135 135 131 % change -17.8% -2.2% -29.0% Record Year 2010 (142) 2011 (135) 2011 (131)
Closed Companies (dissolved)
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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.
Year Hove UK 2012 662 293,728 2011 714 314,524 2010 724 342,233 2009 879 533,787 2008 510 237,873 Record Year 2009 (879) 2009 (533,787) Dissolved Companies by Year
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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) Hove UK 2012 308 145,934 2011 345 152,213 % change -10.7% -4.1% Record Year 2009 (392) 2009 (244,543) Dissolved Companies by Half Year
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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) Hove UK 2012 155 70,026 2011 186 79,983 % change -16.7% -12.4% Record Year 2009 (218) 2009 (85,139) Dissolved Companies by Quarter
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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
October November December Closed companies in 2012 86 48 21 Closed companies in 2011 49 64 73 % change 75.5% -25.0% -71% Record Year 2012 (86) 1999 (78) 2009 (88)
Net Company Growth
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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.
Year Hove UK 2012 854 198,165 2011 986 138,346 2010 738 58,125 2009 193 -171,112 2008 300 111,330 Record Year 2011 (986) 2003 (242,541) Net Growth by Year
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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) Hove UK 2012 394 92,809 2011 472 71,922 Record Year 2011 (472) 2003 (117,772) Net Growth by Half Year
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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) Hove UK 2012 181 49,849 2011 215 29,640 Record Year 2010 (228) 2003 (57,175) Net Growth by Quarter
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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
October November December Net growth in 2012 25 84 72 Net growth in 2011 86 71 58 Record Year 2011 (86) 2012 (84) 2010 (82)
UK Company Share
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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.
Year Hove 2012 0.3% 2011 0.4% 2010 0.4% 2009 0.3% 2008 0.2% Record Year (since 1960) 1960 (0.5%) Company Share by Year
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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 2012 0.3% 2011 0.4% 2010 0.4% 2009 0.3% 2008 0.2% Record Year (since 1960) 1960 (0.5%) Company Share by Half Year
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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 2012 0.3% 2011 0.4% 2010 0.4% 2009 0.3% 2008 0.2% Record Year (since 1960) 1966 (0.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.2% 0.3% 0.3% UK formation share in 2011 0.3% 0.3% 0.4% % change -30.9% -7.0% -30.9% Record Year 1966 (1.0%) 1966 (1.1%) 1969 (0.9%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.43% CONSULTING 5.15% CONSULTANCY 1.29% MANAGEMENT 4.78% MANAGEMENT 1.07% CONSULTANCY 3.31% BRIGHTON 0.93% PROPERTY 2.40% CREATIVE 0.85% TRADING 2.03% DESIGN 0.80% DESIGN 1.86% MEDIA 0.67% ASSOCIATES 1.82% DIGITAL 0.67% ENGINEERING 1.79% INVESTMENTS 0.62% BUSINESS 1.76% ASSOCIATES 0.62% CONSULTANTS 1.75% ROAD 0.62% CONSTRUCTION 1.69% PROPERTY 0.58% LONDON 1.69% SUSSEX 0.53% MEDIA 1.69% HOVE 0.53% GLOBAL 1.59% (HOVE) 0.53% J 1.57% SOFTWARE 0.53% INVESTMENTS 1.46% BUSINESS 0.49% IT 1.43% TECHNOLOGY 0.49% CARE 1.39% HOUSE 0.45% PROPERTIES 1.34% CONSULTANTS 0.45% M 1.26% RTM 0.45% BUILDING 1.23% FILMS 0.45% ENTERPRISES 1.21% IT 0.40% TRAINING 1.18% PRODUCTIONS 0.40% ELECTRICAL 1.17% SYSTEMS 0.40% SECURITY 1.17%
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 465 236,139 62090 - Other information technology service activities 326 12,291 62020 - Information technology consultancy activities 283 23,256 74909 - Other professional, scientific and technical activities not elsewhere classified 188 15,572 70229 - Management consultancy activities other than financial management 173 30,396 82990 - Other business support service activities not elsewhere classified 155 52,427 62012 - Business and domestic software development 108 7,446 96090 - Other service activities not elsewhere classified 82 22,058 99999 - Dormant Company 77 40,648 98000 - Residents property management 49 4,377 7487 - Other business activities 36 10,703 90030 - Artistic creation 35 3,420 47910 - Retail sale via mail order houses or via Internet 34 6,307 86900 - Other human health activities 33 7,866 73110 - Advertising agencies 33 3,177 74100 - specialised design activities 30 3,267 59111 - Motion picture production activities 27 2,479 68100 - Buying and selling of own real estate 25 4,752 41100 - Development of building projects 21 7,980 71111 - Architectural activities 21 2,539
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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