Hove, East Sussex

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Hove when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Hove when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Hove when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Hove when compared to any quarter in history.
  • June 2014 saw a new record in company registrations in Hove when compared to any previous June.
  • May 2014 saw a new record in company registrations in Hove when compared to any previous May.
  • April 2014 saw a new record in company registrations in Hove when compared to any previous April.
  • April 2014 was a record month for company registrations in Hove when compared to any month in history.
  • June 2014 saw a new record in company closures in Hove when compared to any previous June.
  • The first half of 2014 saw a new record in net growth in Hove when compared to any previous first half year.
  • The first half of 2014 was a record first half year for net growth in Hove when compared to any half year in history.
  • June 2014 saw a new record in net growth in Hove when compared to any previous June.
  • April 2014 saw a new record in net growth in Hove when compared to any previous April.
  • April 2014 was a record month for net growth in Hove when compared to any month in history.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Hove when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Hove when compared to any half year in history.

    In the first half of 2014 a total of 1,151 companies were formed in Hove. This figure is 19.6% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Hove occurred in 2014 when a total of 1,151 were formed.

    Half Year (Jan-Jun)HoveUK
    20141,151300,731
    2013962269,432
    % change19.6%11.6%
    Record Year2014 (1,151)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Hove when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Hove when compared to any quarter in history.

    A total of 600 companies were registered in Hove during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 20.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)HoveUK
    2014600150,009
    2013497134,630
    % change20.7%11.4%
    Record Year 2014 (600) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

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

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

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

    New Companies by Month
    AprilMayJune
    New companies in 2014230180190
    New companies in 2013171173153
    % change34.5%4.0%24.2%
    Record Year2014 (230)2014 (180)2014 (190)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 447 companies were dissolved in Hove. This figure is 15.5% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Hove occurred in 2009 when a total of 487 were closed.

    Half Year (Jan-Jun)HoveUK
    2014447177,207
    2013387155,192
    % change15.5%14.2%
    Record Year2009 (487)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 218 companies were dissolved in Hove during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 19.1% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)HoveUK
    201421894,837
    201318377,278
    % change19.1%22.7%
    Record Year 2009 (297) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company closures in Hove when compared to any previous June.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014508583
    Closed companies in 2013635070
    % change-20.6%70.0%19%
    Record Year2009 (83)2009 (137)2014 (83)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in net growth in Hove when compared to any previous first half year.

    The first half of 2014 was a record first half year for net growth in Hove when compared to any half year in history.

    In the first half of 2014 the company register for Hove increased by 704 companies.

    Half Year (Jan-Jun)HoveUK
    2014704123,524
    2013575114,240
    Record Year2014 (704)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Hove during the second quarter of 2014 (Apr 2014 - Jun 2014) was 382 companies.

    second quarter (Apr 2014 - Jun 2014)HoveUK
    201438255,172
    201331457,352
    Record Year 2014 (382) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

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

    April 2014 was a record month for net growth in Hove when compared to any month in history.

    Net Growth by Month
    AprilMayJune
    Net growth in 201418095107
    Net growth in 201310812383
    Record Year2014 (180)2013 (123)2014 (107)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Hove formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.

    Half Year (Jan-Jun)Hove
    20140.4%
    20130.4%
    20120.3%
    20110.4%
    20100.3%
    Record Year (since 1960) 1997 (0.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Hove
    20140.4%
    20130.4%
    20120.3%
    20110.4%
    20100.4%
    Record Year (since 1960) 2014 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change21.3%-4.0%7.6%
    Record Year1995 (0.5%)1961 (0.6%)1971 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 40.8.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 40.6.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Hove was 2007 when 30.9% of all directors were female.

    29.2% of all director appointments in Hove in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Hove was in 2007 when 31.8% of all directors were female.

    29.2% of all director appointments in Hove in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING4.19%CONSULTING5.16%
    CONSULTANCY1.25%MANAGEMENT4.64%
    DESIGN1.12%CONSULTANCY3.50%
    MEDIA0.98%PROPERTY2.66%
    DIGITAL0.81%TRADING2.03%
    SOFTWARE0.78%ENGINEERING1.99%
    MANAGEMENT0.71%CONSTRUCTION1.93%
    IT0.71%LONDON1.93%
    BRIGHTON0.71%CARE1.85%
    ASSOCIATES0.68%DESIGN1.75%
    PROPERTY0.68%CONSULTANTS1.73%
    SUSSEX0.57%BUSINESS1.69%
    HOVE0.51%PROPERTIES1.63%
    CONSULTANTS0.51%TRANSPORT1.58%
    SYSTEMS0.47%GLOBAL1.55%
    ROAD0.47%INVESTMENTS1.55%
    ENGINEERING0.41%J1.51%
    CARE0.37%ASSOCIATES1.48%
    MARKETING0.37%MEDIA1.44%
    DEVELOPMENT0.37%ELECTRICAL1.40%
    STUDIO0.37%IT1.33%
    FINANCIAL0.34%DEVELOPMENTS1.33%
    BUILDING0.34%BUILDING1.26%
    COMMUNICATIONS0.34%M1.24%
    J0.34%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied495261,557
    62020 - Information technology consultancy activities33129,029
    62090 - Other information technology service activities26813,024
    74909 - Other professional, scientific and technical activities not elsewhere classified21819,058
    70229 - Management consultancy activities other than financial management17840,250
    82990 - Other business support service activities not elsewhere classified17257,421
    96090 - Other service activities not elsewhere classified11628,352
    62012 - Business and domestic software development1099,834
    99999 - Dormant Company8748,436
    74100 - specialised design activities694,703
    98000 - Residents property management465,046
    47910 - Retail sale via mail order houses or via Internet459,900
    86900 - Other human health activities3811,292
    64999 - Financial intermediation not elsewhere classified325,836
    59111 - Motion picture production activities293,238
    96020 - Hairdressing and other beauty treatment286,631
    68209 - Other letting and operating of own or leased real estate2810,133
    90030 - Artistic creation274,548
    63990 - Other information service activities not elsewhere classified266,099
    59113 - Television programme production activities252,225

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08969679 SYSTEMATIC METHODS LIMITED 01 Apr 2014
    08970257 BOUCHET TRAVEL LIMITED 01 Apr 2014
    08971801 DAVID EDWARDS PRECISION ENGINEERING LTD 01 Apr 2014
    08972502 PARTYTOM LIMITED 02 Apr 2014
    08973081 BUBBLED MEDIA LTD 02 Apr 2014
    08973370 THAT CHEF BLOKE LTD 02 Apr 2014
    08974078 SOUTH COAST METAL ROOFING LTD 02 Apr 2014
    08975197 RIZTEK LTD 03 Apr 2014
    08975860 MODE BRIDAL LIMITED 03 Apr 2014
    08975951 BARBE ADVICE SERVICES LTD 03 Apr 2014
    08976503 BOTANICA (UK) LTD 03 Apr 2014
    08977633 SOCIAL ATTRACTION LIMITED 04 Apr 2014
    08978172 LANGTON SMITH LTD 04 Apr 2014
    08980448 WPA WORLD POLITICAL ANALYST & CONSULTING LTD 07 Apr 2014
    08980563 RVAPM LTD 07 Apr 2014
    08981515 BINDI REHAL LTD 07 Apr 2014
    08982043 CORK CONSULTING LTD 07 Apr 2014
    08982111 BUTYL TAPES(UK) LIMITED 07 Apr 2014
    08983027 MEGATA LTD 07 Apr 2014
    08986058 STREAMS CONSULTING LTD 08 Apr 2014
    08987778 PAUL N BOTT LTD 09 Apr 2014
    08987932 FRESHLY BREWED SOFTWARE LIMITED 09 Apr 2014
    08992313 NEW TECHNOLOGY SOLUTION 2 LIMITED 11 Apr 2014
    08992659 STOMPSTAMPS LTD 11 Apr 2014
    08993202 ROGUE PROGRESS LTD 11 Apr 2014