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

  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. 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.

    YearHoveUK
    20142,209582,051
    20131,900529,363
    20121,516491,893
    20111,700452,870
    20101,462400,358
    Record Year2014 (2,209)2014 (582,051)
    New Companies by Year
  2. 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)HoveUK
    20141,058281,320
    2013938259,931
    % change12.8%8.2%
    Record Year2014 (1,058)2014 (281,320)
    New Companies by Half Year
  3. 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)HoveUK
    2014498137,906
    2013465127,247
    % change7.1%8.4%
    Record Year 2014 (498) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014190152156
    New companies in 2013189159117
    % change0.5%-4.4%33.3%
    Record Year2014 (190)2013 (159)2014 (156)

Closed Companies (dissolved)

  1. 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.

    YearHoveUK
    2014930367,937
    2013767332,213
    2012662293,729
    2011714314,524
    2010724342,233
    Record Year2014 (930)2009 (533,789)
    Dissolved Companies by Year
  2. 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)HoveUK
    2014483190,730
    2013380177,021
    % change27.1%7.7%
    Record Year2014 (483)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)HoveUK
    201422889,060
    201317890,851
    % change28.1%-2.0%
    Record Year 2014 (228) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2014666696
    Closed companies in 2013794158
    % change-16.5%61.0%66%
    Record Year2012 (86)1999 (78)2014 (96)

Net Company Growth

  1. 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.

    YearHoveUK
    20141,279214,114
    20131,133197,150
    2012854198,164
    2011986138,346
    201073858,125
    Record Year2014 (1,279)2007 (237,353)
    Net Growth by Year
  2. 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)HoveUK
    201457590,590
    201355882,910
    Record Year2014 (575)2003 (117,772)
    Net Growth by Half Year
  3. 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)HoveUK
    201427048,846
    201328736,396
    Record Year 2013 (287) 2012 (49,848)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 20141248660
    Net growth in 201311011859
    Record Year2014 (124)2013 (118)2010 (82)

UK Company Share

  1. 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.

    YearHove
    20140.4%
    20130.4%
    20120.3%
    20110.4%
    20100.4%
    Record Year (since 1960)2014 (0.4%)
    Company Share by Year
  2. 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
    20140.4%
    20130.4%
    20120.3%
    20110.4%
    20100.4%
    Record Year (since 1960) 2010 (0.4%)
    Company Share by Half Year
  3. 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
    20140.4%
    20130.4%
    20120.3%
    20110.4%
    20100.4%
    Record Year (since 1960) 2010 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.4%0.3%0.4%
    UK formation share in 20130.4%0.4%0.3%
    % change-4.4%-9.2%14.1%
    Record Year1990 (0.4%)1995 (0.4%)1993 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING4.85%CONSULTING5.22%
    CONSULTANCY1.36%MANAGEMENT4.58%
    IT0.94%CONSULTANCY3.57%
    DESIGN0.91%PROPERTY2.66%
    DIGITAL0.78%CONSTRUCTION2.12%
    BRIGHTON0.78%ENGINEERING2.10%
    MANAGEMENT0.74%CARE2.02%
    PROPERTY0.71%TRADING1.94%
    SOFTWARE0.61%LONDON1.93%
    MEDIA0.52%TRANSPORT1.93%
    ASSOCIATES0.49%DESIGN1.66%
    SUSSEX0.49%CONSULTANTS1.64%
    STUDIO0.45%ELECTRICAL1.62%
    CREATIVE0.45%PROPERTIES1.62%
    SYSTEMS0.45%BUSINESS1.56%
    DEVELOPMENT0.42%J1.54%
    HOVE0.42%CO.,1.50%
    BLUE0.39%GLOBAL1.49%
    CONSULTANTS0.39%INVESTMENTS1.48%
    CARE0.39%ASSOCIATES1.47%
    PROPERTIES0.39%DEVELOPMENTS1.35%
    BUSINESS0.36%MEDIA1.33%
    PRODUCTIONS0.36%IT1.31%
    ENGINEERING0.36%BUILDING1.29%
    FINANCIAL0.36%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied497265,608
    62020 - Information technology consultancy activities39530,178
    62090 - Other information technology service activities24012,837
    70229 - Management consultancy activities other than financial management19442,290
    82990 - Other business support service activities not elsewhere classified18858,068
    74909 - Other professional, scientific and technical activities not elsewhere classified14919,049
    62012 - Business and domestic software development1089,752
    96090 - Other service activities not elsewhere classified10729,009
    99999 - Dormant Company9148,509
    74100 - specialised design activities904,841
    98000 - Residents property management445,255
    47910 - Retail sale via mail order houses or via Internet4010,107
    64999 - Financial intermediation not elsewhere classified396,083
    86900 - Other human health activities3712,976
    63990 - Other information service activities not elsewhere classified326,157
    96020 - Hairdressing and other beauty treatment316,742
    68209 - Other letting and operating of own or leased real estate3111,212
    41100 - Development of building projects2911,397
    59112 - Video production activities272,754
    86210 - General medical practice activities274,591

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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