Hove, East Sussex

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Hove when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Hove when compared to any previous September.
  • August 2014 saw a new record in company registrations in Hove when compared to any previous August.
  • July 2014 saw a new record in company registrations in Hove when compared to any previous July.
  • July 2014 saw a new record in company closures in Hove when compared to any previous July.
  • September 2014 saw a new record in net growth in Hove when compared to any previous September.
  • August 2014 saw a new record in net growth in Hove when compared to any previous August.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Hove when compared to any previous Q3.

    A total of 560 companies were registered in Hove during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 18.4% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)HoveUK
    2014560143,414
    2013473132,684
    % change18.4%8.1%
    Record Year 2014 (560) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014170182208
    New companies in 2013154151168
    % change10.4%20.5%23.8%
    Record Year2014 (170)2014 (182)2014 (208)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 255 companies were dissolved in Hove during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 26.2% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)HoveUK
    2014255101,670
    201320286,170
    % change26.2%18.0%
    Record Year 2014 (255) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20141106877
    Closed companies in 2013845464
    % change31.0%25.9%20%
    Record Year2014 (110)2008 (126)2009 (82)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Hove during the third quarter of 2014 (Jul 2014 - Sep 2014) was 305 companies.

    third quarter (Jul 2014 - Sep 2014)HoveUK
    201430541,744
    201327146,514
    Record Year 2014 (305) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201460114131
    Net growth in 20137097104
    Record Year2012 (76)2014 (114)2014 (131)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)Hove
    20140.4%
    20130.4%
    20120.3%
    20110.4%
    20100.4%
    Record Year (since 1960) 2014 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.3%0.4%0.4%
    UK formation share in 20130.3%0.4%0.4%
    % change0.3%14.9%13.6%
    Record Year1995 (0.4%)1996 (0.4%)1978 (0.5%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 40.4.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Hove was in 2006 when 32.4% of all directors were female.

    28.3% of all director appointments in Hove in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING4.57%CONSULTING5.17%
    CONSULTANCY1.18%MANAGEMENT4.63%
    DESIGN0.98%CONSULTANCY3.55%
    DIGITAL0.88%PROPERTY2.62%
    IT0.85%ENGINEERING2.07%
    SOFTWARE0.85%CONSTRUCTION2.05%
    MANAGEMENT0.72%TRADING2.00%
    MEDIA0.72%LONDON1.95%
    PROPERTY0.62%CARE1.94%
    BRIGHTON0.56%TRANSPORT1.76%
    SUSSEX0.56%DESIGN1.70%
    ASSOCIATES0.52%CONSULTANTS1.70%
    STUDIO0.49%PROPERTIES1.63%
    HOVE0.49%BUSINESS1.62%
    BUILDING0.39%J1.53%
    ENGINEERING0.39%ELECTRICAL1.53%
    SYSTEMS0.39%GLOBAL1.51%
    CARE0.39%INVESTMENTS1.50%
    CONSULTANTS0.36%ASSOCIATES1.48%
    ROAD0.36%MEDIA1.38%
    DEVELOPMENT0.36%CO.,1.36%
    BLUE0.33%DEVELOPMENTS1.35%
    BUSINESS0.33%BUILDING1.30%
    FINANCIAL0.33%IT1.30%
    COMMUNICATIONS0.33%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied542278,481
    62020 - Information technology consultancy activities36529,313
    62090 - Other information technology service activities24512,795
    74909 - Other professional, scientific and technical activities not elsewhere classified18418,890
    70229 - Management consultancy activities other than financial management18340,717
    82990 - Other business support service activities not elsewhere classified16557,264
    96090 - Other service activities not elsewhere classified11928,224
    62012 - Business and domestic software development1139,675
    99999 - Dormant Company8848,286
    74100 - specialised design activities794,681
    98000 - Residents property management445,047
    47910 - Retail sale via mail order houses or via Internet409,914
    86900 - Other human health activities3611,807
    64999 - Financial intermediation not elsewhere classified365,857
    96020 - Hairdressing and other beauty treatment306,630
    90030 - Artistic creation294,566
    59113 - Television programme production activities272,229
    59111 - Motion picture production activities273,162
    86210 - General medical practice activities274,406
    68209 - Other letting and operating of own or leased real estate2610,361

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09156807 WHAT'S YOUR FLAVOUR LTD 01 Aug 2014
    09157697 BEHAVIOURAL CONSULTING LIMITED 01 Aug 2014
    09157853 SELECTRA CONSULTING LTD 01 Aug 2014
    09158087 ANTON SEALEY GROUND SOLUTIONS LTD 01 Aug 2014
    09158540 DURSTON GIBB LIMITED 01 Aug 2014
    09159114 NICOLA GEORGE PROJECT MANAGEMENT LTD 04 Aug 2014
    09160571 BOSAN STUDIOS LTD 05 Aug 2014
    09160950 QUATERNARY CONSULTING LTD 05 Aug 2014
    09161522 ONE PEBBLE LTD 05 Aug 2014
    09162005 MATT RUSSELL CONSULTING LIMITED 05 Aug 2014
    09162376 VIRTUALLY DOES SUPPORT LTD 05 Aug 2014
    09163414 V GIBORAH CONSULTING LTD 06 Aug 2014
    09164416 JAMES CHEETHAM LIMITED 06 Aug 2014
    09164534 ATHENA 8 LTD 06 Aug 2014
    09164972 T D WORRELL LTD 06 Aug 2014
    09165177 NURMIC LTD 07 Aug 2014
    09166178 DIZZY BANJO LTD 07 Aug 2014
    09166411 CONTENTOLOGY LTD 07 Aug 2014
    09166670 SPRINGS SMOKERIES LTD 07 Aug 2014
    09172599 EHS MEDICAL LIMITED 12 Aug 2014
    09174174 ADO IT LIMITED 13 Aug 2014
    09174517 BASIC PROGRAMMING LIMITED 13 Aug 2014
    09174538 ARYAN IT LTD 13 Aug 2014
    09176696 MUNMERTAR DESIGN LIMITED 14 Aug 2014
    09178451 BP EMIRATES OIL COMPANY LTD 15 Aug 2014