Hove, East Sussex
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Hove when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Hove when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Hove when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Hove when compared to any previous December.
- October 2014 saw a new record in company registrations in Hove when compared to any previous October.
- 2014 was a record year for company closures in Hove when compared to any year in history.
- The second half of 2014 saw a new record in company closures in Hove when compared to any previous second half year.
- December 2014 saw a new record in company closures in Hove when compared to any previous December.
- 2014 was a record year for net growth in Hove when compared to any year in history.
- The second half of 2014 saw a new record in net growth in Hove when compared to any previous second half year.
- October 2014 saw a new record in net growth in Hove when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Hove when compared to any year in history.
A total of 2,209 companies were formed in Hove in 2014. This total is 16.3% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Hove UK 2014 2,209 582,051 2013 1,900 529,363 2012 1,516 491,893 2011 1,700 452,870 2010 1,462 400,358 Record Year 2014 (2,209) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Hove when compared to any previous second half year.
In the second half of 2014 a total of 1,058 companies were formed in Hove. This figure is 12.8% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Hove occurred in 2014 when a total of 1,058 were formed.
Half Year (Jul-Dec) Hove UK 2014 1,058 281,320 2013 938 259,931 % change 12.8% 8.2% Record Year 2014 (1,058) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Hove when compared to any previous Q4.
A total of 498 companies were registered in Hove during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 7.1% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Hove UK 2014 498 137,906 2013 465 127,247 % change 7.1% 8.4% Record Year 2014 (498) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Hove when compared to any previous December.
October 2014 saw a new record in company registrations in Hove when compared to any previous October.
New Companies by Month
October November December New companies in 2014 190 152 156 New companies in 2013 189 159 117 % change 0.5% -4.4% 33.3% Record Year 2014 (190) 2013 (159) 2014 (156)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Hove when compared to any year in history.
A total of 930 companies were dissolved in Hove in 2014. This total is 21.3% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Hove UK 2014 930 367,937 2013 767 332,213 2012 662 293,729 2011 714 314,524 2010 724 342,233 Record Year 2014 (930) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Hove when compared to any previous second half year.
In the second half of 2014 a total of 483 companies were dissolved in Hove. This figure is 27.1% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Hove occurred in 2014 when a total of 483 were closed.
Half Year (Jul-Dec) Hove UK 2014 483 190,730 2013 380 177,021 % change 27.1% 7.7% Record Year 2014 (483) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 228 companies were dissolved in Hove during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 28.1% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Hove UK 2014 228 89,060 2013 178 90,851 % change 28.1% -2.0% Record Year 2014 (228) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Hove when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 66 66 96 Closed companies in 2013 79 41 58 % change -16.5% 61.0% 66% Record Year 2012 (86) 1999 (78) 2014 (96)
Net Company Growth
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Annual Data (2014)
2014 was a record year for net growth in Hove when compared to any year in history.
A total of 1,279 companies were added to the company register for Hove in 2014. This number represents growth of 57.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 146 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Hove company register grew by 1,279 companies.
Year Hove UK 2014 1,279 214,114 2013 1,133 197,150 2012 854 198,164 2011 986 138,346 2010 738 58,125 Record Year 2014 (1,279) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in net growth in Hove when compared to any previous second half year.
In the second half of 2014 the company register for Hove increased by 575 companies.
Half Year (Jul-Dec) Hove UK 2014 575 90,590 2013 558 82,910 Record Year 2014 (575) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Hove during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 270 companies.
fourth quarter (Oct 2014 - Dec 2014) Hove UK 2014 270 48,846 2013 287 36,396 Record Year 2013 (287) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Hove when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 124 86 60 Net growth in 2013 110 118 59 Record Year 2014 (124) 2013 (118) 2010 (82)
UK Company Share
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Annual Data (2014)
In 2014 Hove formed 0.4% of all UK companies. This is no change on 2013 when Hove was responsible for 0.4% of all UK companies.
Year Hove 2014 0.4% 2013 0.4% 2012 0.3% 2011 0.4% 2010 0.4% Record Year (since 1960) 2014 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Hove formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.
Half Year (Jul-Dec) Hove 2014 0.4% 2013 0.4% 2012 0.3% 2011 0.4% 2010 0.4% Record Year (since 1960) 2010 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Hove formed 0.4% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Hove 2014 0.4% 2013 0.4% 2012 0.3% 2011 0.4% 2010 0.4% Record Year (since 1960) 2010 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.4% 0.3% 0.4% UK formation share in 2013 0.4% 0.4% 0.3% % change -4.4% -9.2% 14.1% Record Year 1990 (0.4%) 1995 (0.4%) 1993 (0.4%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 40.4.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 40.0.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 39.6.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Hove was 1982 when 100.0% of all directors were female.
The percentage of female directors in Hove in 2014 was 28.5%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Hove was 2006 when 31.5% of all directors were female.
27.6% of all director appointments in Hove in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Hove was in 2006 when 30.5% of all directors were female.
26.9% of all director appointments in Hove in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 4.85% CONSULTING 5.22% CONSULTANCY 1.36% MANAGEMENT 4.58% IT 0.94% CONSULTANCY 3.57% DESIGN 0.91% PROPERTY 2.66% DIGITAL 0.78% CONSTRUCTION 2.12% BRIGHTON 0.78% ENGINEERING 2.10% MANAGEMENT 0.74% CARE 2.02% PROPERTY 0.71% TRADING 1.94% SOFTWARE 0.61% LONDON 1.93% MEDIA 0.52% TRANSPORT 1.93% ASSOCIATES 0.49% DESIGN 1.66% SUSSEX 0.49% CONSULTANTS 1.64% STUDIO 0.45% ELECTRICAL 1.62% CREATIVE 0.45% PROPERTIES 1.62% SYSTEMS 0.45% BUSINESS 1.56% DEVELOPMENT 0.42% J 1.54% HOVE 0.42% CO., 1.50% BLUE 0.39% GLOBAL 1.49% CONSULTANTS 0.39% INVESTMENTS 1.48% CARE 0.39% ASSOCIATES 1.47% PROPERTIES 0.39% DEVELOPMENTS 1.35% BUSINESS 0.36% MEDIA 1.33% PRODUCTIONS 0.36% IT 1.31% ENGINEERING 0.36% BUILDING 1.29% FINANCIAL 0.36% M 1.22%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 497 265,608 62020 - Information technology consultancy activities 395 30,178 62090 - Other information technology service activities 240 12,837 70229 - Management consultancy activities other than financial management 194 42,290 82990 - Other business support service activities not elsewhere classified 188 58,068 74909 - Other professional, scientific and technical activities not elsewhere classified 149 19,049 62012 - Business and domestic software development 108 9,752 96090 - Other service activities not elsewhere classified 107 29,009 99999 - Dormant Company 91 48,509 74100 - specialised design activities 90 4,841 98000 - Residents property management 44 5,255 47910 - Retail sale via mail order houses or via Internet 40 10,107 64999 - Financial intermediation not elsewhere classified 39 6,083 86900 - Other human health activities 37 12,976 63990 - Other information service activities not elsewhere classified 32 6,157 96020 - Hairdressing and other beauty treatment 31 6,742 68209 - Other letting and operating of own or leased real estate 31 11,212 41100 - Development of building projects 29 11,397 59112 - Video production activities 27 2,754 86210 - General medical practice activities 27 4,591
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09291426 BRIGHTON PROPERTY HUNTER LIMITED 03 Nov 2014 09293177 MUSIC CARTEL LIMITED 03 Nov 2014 09294081 STRANGE STUDIOS LTD 04 Nov 2014 09294309 PLUS FOUR ENGINEERING LTD 04 Nov 2014 09295472 EXCEPTIONAL LTD 04 Nov 2014 09297594 MATTHEWLI LIMITED 05 Nov 2014 09297827 MITCHELL FIBRE SERVICES LTD 06 Nov 2014 09298700 SHEDWAN PROCUREMENT LIMITED 06 Nov 2014 09302204 GENERATIV LTD 10 Nov 2014 09302681 SKYLIGHT ARTS LIMITED 10 Nov 2014 09305122 CONJURE TECHNICAL LTD 11 Nov 2014 09306598 ATHOL LTD 12 Nov 2014 09307106 BIGDATASCIENTISTS LTD 12 Nov 2014 09307996 HELLO FLAMINGO LTD 12 Nov 2014 09308571 RICHARD SKUDDER LTD 13 Nov 2014 09308889 JEZ DE SILVA LTD 13 Nov 2014 09309920 ED IMAGING LIMITED 13 Nov 2014 09310037 ZENA HAIR HOVE LTD 13 Nov 2014 09310245 CHENG DESIGN LTD 13 Nov 2014 09310710 DELVE LABORATORIES LIMITED 14 Nov 2014 09311899 FULL HOUSE 2014 LTD 14 Nov 2014 09312777 CHEW AIRCRAFT INTERIORS LTD 17 Nov 2014 09315260 DOCTEUR MOTEUR LTD 17 Nov 2014 09317613 MG COMPUTING LTD 19 Nov 2014 09321050 TOP DECK IT SOLUTIONS LTD 20 Nov 2014
reports
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