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
New Company Registrations
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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) Hove UK 2015 598 161,156 2014 551 150,722 % change 8.5% 6.9% Record Year 2015 (598) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 191 192 215 New companies in 2014 176 178 197 % change 8.5% 7.9% 9.1% Record Year 2015 (191) 2015 (192) 2015 (215)
Closed Companies (dissolved)
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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) Hove UK 2015 208 89,523 2014 229 82,370 % change -9.2% 8.7% Record Year 2014 (229) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 56 69 83 Closed companies in 2014 64 73 92 % change -12.5% -5.5% -10% Record Year 2013 (79) 2000 (83) 2009 (112)
Net Company Growth
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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) Hove UK 2015 390 71,633 2014 322 68,352 Record Year 2015 (390) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 135 123 132 Net growth in 2014 112 105 105 Record Year 2015 (135) 2015 (123) 2015 (132)
UK Company Share
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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 2015 0.4% 2014 0.4% 2013 0.3% 2012 0.3% 2011 0.4% Record Year (since 1960) 1997 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.4% 0.4% 0.4% UK formation share in 2014 0.4% 0.4% 0.4% % change 6.4% -0.6% -0.5% Record Year 1998 (0.5%) 1997 (0.5%) 1998 (0.5%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 4.53% CONSULTING 5.23% CONSULTANCY 1.36% MANAGEMENT 4.56% MANAGEMENT 0.98% CONSULTANCY 3.62% IT 0.95% PROPERTY 2.72% SOFTWARE 0.89% CONSTRUCTION 2.19% DIGITAL 0.82% CARE 2.13% BRIGHTON 0.79% ENGINEERING 2.12% DESIGN 0.73% LONDON 1.91% MEDIA 0.51% TRADING 1.88% PROPERTY 0.51% TRANSPORT 1.82% PRODUCTIONS 0.47% ELECTRICAL 1.76% CREATIVE 0.47% DESIGN 1.65% STUDIO 0.47% PROPERTIES 1.63% ENGINEERING 0.41% CO., 1.58% BUSINESS 0.41% J 1.55% PROPERTIES 0.41% CONSULTANTS 1.54% DEVELOPMENT 0.41% BUSINESS 1.49% J 0.38% INVESTMENTS 1.49% CONSULTANTS 0.38% GLOBAL 1.46% ELECTRICAL 0.38% ASSOCIATES 1.44% SUSSEX 0.38% DEVELOPMENTS 1.36% HOVE 0.38% BUILDING 1.31% MARKETING 0.38% IT 1.30% TRAINING 0.35% MEDIA 1.28% ASSOCIATES 0.35% M 1.27%
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 561 288,953 62020 - Information technology consultancy activities 426 30,825 62090 - Other information technology service activities 252 12,862 70229 - Management consultancy activities other than financial management 205 43,081 82990 - Other business support service activities not elsewhere classified 198 58,522 74909 - Other professional, scientific and technical activities not elsewhere classified 127 19,098 62012 - Business and domestic software development 116 9,651 96090 - Other service activities not elsewhere classified 108 29,218 99999 - Dormant Company 95 49,474 74100 - specialised design activities 95 4,892 86900 - Other human health activities 43 13,990 98000 - Residents property management 40 5,308 64999 - Financial intermediation not elsewhere classified 37 6,067 63990 - Other information service activities not elsewhere classified 36 6,242 41100 - Development of building projects 33 11,863 68209 - Other letting and operating of own or leased real estate 32 11,600 47910 - Retail sale via mail order houses or via Internet 31 10,200 69201 - Accounting and auditing activities 30 7,682 86210 - General medical practice activities 30 4,793 96020 - Hairdressing and other beauty treatment 29 6,815
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09372638 TITLE MEDIA LIMITED 05 Jan 2015 09374171 GEORGE STREET LTD 05 Jan 2015 09374596 STAR CELLYS LTD 06 Jan 2015 09374759 APPLICATIVE CONSULTING LTD 06 Jan 2015 09374899 LEFTOVERMODS LTD 06 Jan 2015 09375640 F9 AUDIO LTD 06 Jan 2015 09380583 CROWDING BRICKS LTD 08 Jan 2015 09381048 DUSK TIL DAWN BREWING CO LTD 09 Jan 2015 09382955 SW LONDON ASSOCIATES LTD 12 Jan 2015 09384092 AZAHAR LANGUAGE SERVICES LTD 12 Jan 2015 09384151 RENEWABLE ENERGY ASSOCIATED PROJECTS LTD 12 Jan 2015 09385386 ST. PETER PIZZA LTD 13 Jan 2015 09385497 NEXTON LTD 13 Jan 2015 09385608 AFB CONSULTING (UK) LIMITED 13 Jan 2015 09385902 CHIRONSOFT UK LIMITED 13 Jan 2015 09386191 BORRACASA LIMITED 13 Jan 2015 09387127 HEEL MY SOLE FOOTWARE LIMITED 13 Jan 2015 09387262 CODE MAELSTROM LIMITED 13 Jan 2015 09387501 ROSA DURANTE LTD 14 Jan 2015 09389030 SRIJ SOFTWARE PRIVATE LTD 14 Jan 2015 09389222 I-SEE ENGINEERING LTD 14 Jan 2015 09390842 FREESTYLE CUSTOMS LTD 15 Jan 2015 09391378 STAR SHAPED 18 LTD 15 Jan 2015 09391520 BRIGHTON AND HOVE NEWS LTD 15 Jan 2015 09392891 DIGITAL DOLFIN LTD 16 Jan 2015
reports
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