Hove, East Sussex

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Hove when compared to any previous Q1.
  • March 2015 saw a new record in company registrations in Hove when compared to any previous March.
  • February 2015 saw a new record in company registrations in Hove when compared to any previous February.
  • January 2015 saw a new record in company registrations in Hove when compared to any previous January.
  • March 2015 saw a new record in net growth in Hove when compared to any previous March.
  • February 2015 saw a new record in net growth in Hove when compared to any previous February.
  • January 2015 saw a new record in net growth in Hove when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Hove when compared to any previous Q1.

    A total of 598 companies were registered in Hove during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 8.5% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)HoveUK
    2015598161,156
    2014551150,722
    % change8.5%6.9%
    Record Year 2015 (598) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Hove when compared to any previous March.

    February 2015 saw a new record in company registrations in Hove when compared to any previous February.

    January 2015 saw a new record in company registrations in Hove when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015191192215
    New companies in 2014176178197
    % change8.5%7.9%9.1%
    Record Year2015 (191)2015 (192)2015 (215)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 208 companies were dissolved in Hove during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 9.2% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)HoveUK
    201520889,523
    201422982,370
    % change-9.2%8.7%
    Record Year 2014 (229) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015566983
    Closed companies in 2014647392
    % change-12.5%-5.5%-10%
    Record Year2013 (79)2000 (83)2009 (112)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Hove during the first quarter of 2015 (Jan 2015 - Mar 2015) was 390 companies.

    first quarter (Jan 2015 - Mar 2015)HoveUK
    201539071,633
    201432268,352
    Record Year 2015 (390) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in net growth in Hove when compared to any previous March.

    February 2015 saw a new record in net growth in Hove when compared to any previous February.

    January 2015 saw a new record in net growth in Hove when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015135123132
    Net growth in 2014112105105
    Record Year2015 (135)2015 (123)2015 (132)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Hove formed 0.4% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Hove
    20150.4%
    20140.4%
    20130.3%
    20120.3%
    20110.4%
    Record Year (since 1960) 1997 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.4%0.4%0.4%
    UK formation share in 20140.4%0.4%0.4%
    % change6.4%-0.6%-0.5%
    Record Year1998 (0.5%)1997 (0.5%)1998 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 40.6.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Hove was in 2013 when 37.6% of all directors were female.

    29.3% of all director appointments in Hove in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING4.53%CONSULTING5.23%
    CONSULTANCY1.36%MANAGEMENT4.56%
    MANAGEMENT0.98%CONSULTANCY3.62%
    IT0.95%PROPERTY2.72%
    SOFTWARE0.89%CONSTRUCTION2.19%
    DIGITAL0.82%CARE2.13%
    BRIGHTON0.79%ENGINEERING2.12%
    DESIGN0.73%LONDON1.91%
    MEDIA0.51%TRADING1.88%
    PROPERTY0.51%TRANSPORT1.82%
    PRODUCTIONS0.47%ELECTRICAL1.76%
    CREATIVE0.47%DESIGN1.65%
    STUDIO0.47%PROPERTIES1.63%
    ENGINEERING0.41%CO.,1.58%
    BUSINESS0.41%J1.55%
    PROPERTIES0.41%CONSULTANTS1.54%
    DEVELOPMENT0.41%BUSINESS1.49%
    J0.38%INVESTMENTS1.49%
    CONSULTANTS0.38%GLOBAL1.46%
    ELECTRICAL0.38%ASSOCIATES1.44%
    SUSSEX0.38%DEVELOPMENTS1.36%
    HOVE0.38%BUILDING1.31%
    MARKETING0.38%IT1.30%
    TRAINING0.35%MEDIA1.28%
    ASSOCIATES0.35%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied561288,953
    62020 - Information technology consultancy activities42630,825
    62090 - Other information technology service activities25212,862
    70229 - Management consultancy activities other than financial management20543,081
    82990 - Other business support service activities not elsewhere classified19858,522
    74909 - Other professional, scientific and technical activities not elsewhere classified12719,098
    62012 - Business and domestic software development1169,651
    96090 - Other service activities not elsewhere classified10829,218
    99999 - Dormant Company9549,474
    74100 - specialised design activities954,892
    86900 - Other human health activities4313,990
    98000 - Residents property management405,308
    64999 - Financial intermediation not elsewhere classified376,067
    63990 - Other information service activities not elsewhere classified366,242
    41100 - Development of building projects3311,863
    68209 - Other letting and operating of own or leased real estate3211,600
    47910 - Retail sale via mail order houses or via Internet3110,200
    69201 - Accounting and auditing activities307,682
    86210 - General medical practice activities304,793
    96020 - Hairdressing and other beauty treatment296,815

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09415902 WOODSTOCK HART LIMITED 02 Feb 2015
    09417982 JASON NESBITT LTD 02 Feb 2015
    09418310 PING DESIGN LTD 03 Feb 2015
    09418805 COLETTE MACROSSON LTD 03 Feb 2015
    09419130 TWIT TWOO TELEVISION LIMITED 03 Feb 2015
    09419299 AGAS FILM SERVICES LIMITED 03 Feb 2015
    09419304 NN PRESTIGE TRADE LTD 03 Feb 2015
    09419539 VOLTELI LTD 03 Feb 2015
    09420411 ALEXS LANADI CONSTRUCTION LIMITED 03 Feb 2015
    09420972 UWE LTD 04 Feb 2015
    09421001 MARIUS IT LTD 04 Feb 2015
    09421523 DAVE FAIRFORD MPD TRAINING LIMITED 04 Feb 2015
    09423831 BLOUSE AND SKIRTS LIMITED 05 Feb 2015
    09430607 CHELMER MARKETING LTD 10 Feb 2015
    09431369 ITAGIBA LTD 10 Feb 2015
    09431521 GUN AND PEDAL LTD 10 Feb 2015
    09431589 SQUAT TOAD LTD 10 Feb 2015
    09432784 MR JONES COPY LTD 10 Feb 2015
    09433403 RODESIGN LTD 11 Feb 2015
    09434306 HOME JAMES RESIDENTIAL LIMITED 11 Feb 2015
    09435668 BLACK SQUARE VENTURES LTD 12 Feb 2015
    09438178 THE MONTESSORI PLACE (HOLDINGS) LIMITED 13 Feb 2015
    09440276 PAUL DEANE LTD 16 Feb 2015
    09441589 ZUBAMSH LIMITED 16 Feb 2015
    09441668 SPITFIRE AERO INVESTMENTS LIMITED 16 Feb 2015