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
    09198148 AWHIPS LTD 01 Sep 2014
    09199141 D CASTLE CONSULTANCY LTD 02 Sep 2014
    09199716 GIFTS TO YOU LIMITED 02 Sep 2014
    09200190 SEASIDE COMMUNITY FUTURES LIMITED 02 Sep 2014
    09200988 21 WILBURY VILLAS LIMITED 03 Sep 2014
    09201140 ALESSANDRI DESIGN LTD 03 Sep 2014
    09201845 DIOCESE OF CHICHESTER ACADEMY TRUST 03 Sep 2014
    09202354 EASA CORPORATION LTD 03 Sep 2014
    09203977 L&D ACCOUNTANCY LTD 04 Sep 2014
    09204438 SUE MACRAE LIMITED 04 Sep 2014
    09208710 ADVANCED MECHANICAL SYSTEMS LTD 08 Sep 2014
    09210457 RILOT CONSULTING LIMITED 09 Sep 2014
    09210621 BRAINMARSH LTD 09 Sep 2014
    09214348 NO 35 RTM COMPANY LIMITED 11 Sep 2014
    09214389 BUNDRED SOFTWARE LTD 11 Sep 2014
    09215657 WEDDING PHOTOGRAPHY SELECT LTD 12 Sep 2014
    09216710 OSG NETWORKS LIMITED 12 Sep 2014
    09216974 VANESSA BRANCHI LTD 15 Sep 2014
    09218686 MAHIKIKO LIMITED 15 Sep 2014
    09219063 PIXEL FILM LTD 15 Sep 2014
    09219215 VIDLIN LIMITED 15 Sep 2014
    09219751 TENGIO LTD 16 Sep 2014
    09220265 M JAVANMARDI LTD 16 Sep 2014
    09221636 PEET NAUDE PLAY THERAPY SERVICES LTD 17 Sep 2014
    09222121 ENERGY LOOP LIMITED 17 Sep 2014