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Hove, East Sussex

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Hove when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Hove when compared to any quarter in history.
  • March 2014 saw a new record in company registrations in Hove when compared to any previous March.
  • March 2014 was a record month for company registrations in Hove when compared to any month in history.
  • February 2014 saw a new record in company registrations in Hove when compared to any previous February.
  • January 2014 saw a new record in company registrations in Hove when compared to any previous January.
  • February 2014 saw a new record in net growth in Hove when compared to any previous February.
  • January 2014 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 2014)

    Q1 2014 saw a new record in company registrations in Hove when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Hove when compared to any quarter in history.

    A total of 551 companies were registered in Hove during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 18.5% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)HoveUK
    2014551150,722
    2013465134,802
    % change18.5%11.8%
    Record Year 2014 (551) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Hove when compared to any previous March.

    March 2014 was a record month for company registrations in Hove when compared to any month in history.

    February 2014 saw a new record in company registrations in Hove when compared to any previous February.

    January 2014 saw a new record in company registrations in Hove when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014176178197
    New companies in 2013156155154
    % change12.8%14.8%27.9%
    Record Year2014 (176)2014 (178)2014 (197)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 229 companies were dissolved in Hove during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 12.3% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)HoveUK
    201422982,370
    201320477,914
    % change12.3%5.7%
    Record Year 2014 (229) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014647392
    Closed companies in 2013795867
    % change-19.0%25.9%37%
    Record Year2013 (79)2000 (83)2009 (112)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Hove during the first quarter of 2014 (Jan 2014 - Mar 2014) was 322 companies.

    first quarter (Jan 2014 - Mar 2014)HoveUK
    201432268,352
    201326156,888
    Record Year 2014 (322) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in net growth in Hove when compared to any previous February.

    January 2014 saw a new record in net growth in Hove when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014112105105
    Net growth in 2013779787
    Record Year2014 (112)2014 (105)2012 (118)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Hove formed 0.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Hove
    20140.4%
    20130.3%
    20120.3%
    20110.4%
    20100.3%
    Record Year (since 1960) 1997 (0.4%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.3%0.3%
    % change5.6%6.0%6.7%
    Record Year1998 (0.5%)1997 (0.5%)1998 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 41.0.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Hove was in 2013 when 37.6% of all directors were female.

    29.2% of all director appointments in Hove in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING4.18%CONSULTING5.22%
    CONSULTANCY1.34%MANAGEMENT4.67%
    DESIGN1.17%CONSULTANCY3.49%
    MEDIA0.99%PROPERTY2.64%
    IT0.81%TRADING2.05%
    MANAGEMENT0.78%LONDON1.88%
    DIGITAL0.78%ENGINEERING1.86%
    BRIGHTON0.71%CARE1.79%
    ASSOCIATES0.67%CONSTRUCTION1.75%
    ROAD0.67%DESIGN1.75%
    HOVE0.67%CONSULTANTS1.73%
    SOFTWARE0.60%BUSINESS1.71%
    PROPERTY0.60%PROPERTIES1.60%
    SUSSEX0.60%INVESTMENTS1.60%
    CONSULTANTS0.53%GLOBAL1.58%
    PRODUCTIONS0.42%J1.48%
    MEDICAL0.39%ASSOCIATES1.48%
    MARKETING0.39%MEDIA1.48%
    SYSTEMS0.39%IT1.33%
    CREATIVE0.35%TRANSPORT1.30%
    TECHNOLOGIES0.35%DEVELOPMENTS1.29%
    PROJECTS0.35%BUILDING1.24%
    FINANCIAL0.35%M1.21%
    BLUE0.32%CAPITAL1.20%
    (SUSSEX)0.32%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied548280,210
    62020 - Information technology consultancy activities30327,750
    62090 - Other information technology service activities29112,813
    74909 - Other professional, scientific and technical activities not elsewhere classified21418,491
    82990 - Other business support service activities not elsewhere classified16456,411
    70229 - Management consultancy activities other than financial management16337,882
    96090 - Other service activities not elsewhere classified12126,700
    62012 - Business and domestic software development1139,509
    99999 - Dormant Company8447,084
    74100 - specialised design activities614,475
    98000 - Residents property management464,832
    47910 - Retail sale via mail order houses or via Internet449,358
    86900 - Other human health activities3110,273
    64999 - Financial intermediation not elsewhere classified295,537
    68209 - Other letting and operating of own or leased real estate289,284
    59111 - Motion picture production activities283,048
    96020 - Hairdressing and other beauty treatment276,236
    69201 - Accounting and auditing activities277,313
    56101 - Licensed restaurants257,965
    90030 - Artistic creation244,340

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC391841 BIRD STUDIOS ACADEMY LLP 10 Mar 2014
    08918283 HARRIS-NIGHTINGALE CONSULTANCY LIMITED 03 Mar 2014
    08920233 KERNEL PUBLISHING LIMITED 03 Mar 2014
    08921925 GREEN ENERGY PAINTS LTD 04 Mar 2014
    08923633 SKILLS SHIFT LTD 05 Mar 2014
    08924454 SOLID LOOP LTD 05 Mar 2014
    08925984 Q LIU CONSULTING LTD 06 Mar 2014
    08926835 OREALIZ LTD 06 Mar 2014
    08927253 SHEETAL PATEL LTD 06 Mar 2014
    08927940 VERITAS TESTING LTD 07 Mar 2014
    08927990 ROBERT ROBINSON ENTERPRISES LIMITED 07 Mar 2014
    08928493 W S WESTERN SERVICES LTD 07 Mar 2014
    08929773 M HOLLOWAY LTD 10 Mar 2014
    08933495 SHAHNAZ AHMED LTD 11 Mar 2014
    08933632 OPENBORDER SYSTEMS LIMITED 11 Mar 2014
    08935204 CHELSEA CONSTRUCTION (SUSSEX) LTD 12 Mar 2014
    08936642 JOY ROBINSON CONSULTING LIMITED 13 Mar 2014
    08937428 IP RED LTD 13 Mar 2014
    08938995 CAPYBARA DEVELOPMENT LTD 13 Mar 2014
    08940230 S & N MARKETING LTD 14 Mar 2014
    08941600 BLUE CITRUS LTD 17 Mar 2014
    08941795 DEVLIN DESIGN LTD 17 Mar 2014
    08942737 SOUL ADVOCATE LIMITED 17 Mar 2014
    08943195 EUROPEAN VENDOR SERVICES LIMITED 17 Mar 2014
    08944240 CAHILL COACHING AND CONSULTING UK LIMITED 18 Mar 2014

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