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
    09109307 SICREATIVE LTD 01 Jul 2014
    09109715 MI PRODUCTIONS LIMITED 01 Jul 2014
    09110195 BESPOKE BANTER LIMITED 01 Jul 2014
    09111119 IN FLOW TRAINING LTD 01 Jul 2014
    09111494 THREE DUCKS LTD 02 Jul 2014
    09113322 BEAUTY COPPICE LIMITED 02 Jul 2014
    09114783 TF AVENUES LIMITED 03 Jul 2014
    09115055 SAM ENTERPRISES LIMITED 03 Jul 2014
    09117133 DATA PHI CONSULTING LTD 04 Jul 2014
    09119413 CO&AD LTD 07 Jul 2014
    09121190 VP LEGAL SERVICES LTD 08 Jul 2014
    09122377 BROCKLESHAM LTD 09 Jul 2014
    09123553 CHAMBERS DESIGN LTD 09 Jul 2014
    09123769 JTW IT SERVICES LTD 09 Jul 2014
    09125316 CASPAR HENDERSON LTD 10 Jul 2014
    09126168 ICEIONY LIMITED 11 Jul 2014
    09126226 ALIAS MUSIC AND COMMUNITY PROJECTS C.I.C. 11 Jul 2014
    09128574 SARAH CAHILL LTD 14 Jul 2014
    09130080 MALCOLM WOLF CONSULTING LTD 14 Jul 2014
    09130368 MCCARTHY FINANCE LTD 15 Jul 2014
    09131082 B & L (SUSSEX) LIMITED 15 Jul 2014
    09132021 NATIONS CUTEST KID LIMITED 15 Jul 2014
    09132225 MARCO MANUEL LTD 15 Jul 2014
    09134426 ETHICAL SPORTS AND FASHION LTD 16 Jul 2014
    09134543 BEL CONNECTIONS LTD 17 Jul 2014