West Sussex
2012 Annual Business Confidence Report
Headlines
- October 2012 saw a new record in company closures in West Sussex when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2012)
A total of 5,008 companies were formed in West Sussex in 2012. This total is 5.1% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year West Sussex UK 2012 5,008 491,893 2011 4,766 452,870 2010 4,247 400,358 2009 3,898 362,675 2008 3,882 349,203 Record Year 2003 (31,875) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 2,360 companies were formed in West Sussex. This figure is 2.2% higher than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in West Sussex occurred in 2003 when a total of 18,165 were formed.
Half Year (Jul-Dec) West Sussex UK 2012 2,360 238,743 2011 2,309 224,135 % change 2.2% 6.5% Record Year 2003 (18,165) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 1,190 companies were registered in West Sussex during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 8.2% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) West Sussex UK 2012 1,190 119,875 2011 1,100 109,623 % change 8.2% 9.4% Record Year 2003 (4,426) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
New Companies by Month
October November December New companies in 2012 452 419 319 New companies in 2011 388 408 304 % change 16.5% 2.7% 4.9% Record Year 2004 (1,563) 2003 (2,137) 2003 (1,015)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 3,177 companies were dissolved in West Sussex in 2012. This total is 8.4% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.
Year West Sussex UK 2012 3,177 293,728 2011 3,467 314,524 2010 4,687 342,233 2009 57,929 533,787 2008 14,568 237,873 Record Year 2009 (57,929) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 1,576 companies were dissolved in West Sussex. This figure is 7.5% lower than last year, which compares well to the UK wide change of -4.1%.
The highest total for a second half year in West Sussex occurred in 2009 when a total of 36,979 were closed.
Half Year (Jul-Dec) West Sussex UK 2012 1,576 145,934 2011 1,703 152,213 % change -7.5% -4.1% Record Year 2009 (36,979) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 738 companies were dissolved in West Sussex during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 19.2% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) West Sussex UK 2012 738 70,026 2011 913 79,983 % change -19.2% -12.4% Record Year 2007 (4,084) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in West Sussex when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 370 256 112 Closed companies in 2011 207 391 315 % change 78.7% -34.5% -64% Record Year 2012 (370) 2010 (530) 2007 (3,651)
Net Company Growth
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Annual Data (2012)
A total of 1,831 companies were added to the company register for West Sussex in 2012. This number represents growth of 38.4% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 532 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the West Sussex company register grew by 29,799 companies.
Year West Sussex UK 2012 1,831 198,165 2011 1,299 138,346 2010 -440 58,125 2009 -54,031 -171,112 2008 -10,686 111,330 Record Year 2003 (29,799) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for West Sussex increased by 784 companies.
Half Year (Jul-Dec) West Sussex UK 2012 784 92,809 2011 606 71,922 Record Year 2003 (17,125) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for West Sussex during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 452 companies.
fourth quarter (Oct 2012 - Dec 2012) West Sussex UK 2012 452 49,849 2011 187 29,640 Record Year 2003 (3,980) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 82 163 207 Net growth in 2011 181 17 -11 Record Year 2004 (1,395) 2003 (1,982) 2003 (868)
UK Company Share
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Annual Data (2012)
In 2012 West Sussex formed 1.0% of all UK companies. This is a decline on 2011 when West Sussex was responsible for 1.1% of all UK companies.
Year West Sussex 2012 1.0% 2011 1.1% 2010 1.1% 2009 1.1% 2008 1.1% Record Year (since 1960) 2003 (7.9%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 West Sussex formed 1.0% of all UK companies. This is the same as the 2011 figure of 1.0%.
Half Year (Jul-Dec) West Sussex 2012 1.0% 2011 1.0% 2010 1.1% 2009 1.1% 2008 1.1% Record Year (since 1960) 2003 (9.0%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, West Sussex formed 1.0% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) West Sussex 2012 1.0% 2011 1.0% 2010 1.0% 2009 1.0% 2008 1.1% Record Year (since 1960) 2003 (4.7%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 1.0% 1.0% 1.0% UK formation share in 2011 1.0% 1.0% 1.0% % change -2.1% -2.3% 2.1% Record Year 2004 (5.4%) 2003 (6.8%) 2003 (3.7%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 45.2.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 44.5.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 45.1.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in West Sussex was 1860 when 35.7% of all directors were female.
The percentage of female directors in West Sussex in 2012 was 32.5%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in West Sussex was 1860 when 42.9% of all directors were female.
28.4% of all director appointments in West Sussex in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in West Sussex was in 1977 when 31.2% of all directors were female.
30.5% of all director appointments in West Sussex in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.35% CONSULTING 5.15% MANAGEMENT 1.77% MANAGEMENT 4.78% SUSSEX 1.49% CONSULTANCY 3.31% CONSULTANCY 1.20% PROPERTY 2.40% ASSOCIATES 0.91% TRADING 2.03% PROPERTY 0.88% DESIGN 1.86% BUSINESS 0.81% ASSOCIATES 1.82% DESIGN 0.78% ENGINEERING 1.79% CONSULTANTS 0.76% BUSINESS 1.76% ELECTRICAL 0.69% CONSULTANTS 1.75% CONSTRUCTION 0.66% CONSTRUCTION 1.69% MEDIA 0.66% LONDON 1.69% ENTERPRISES 0.61% MEDIA 1.69% M 0.61% GLOBAL 1.59% TRAINING 0.59% J 1.57% MARKETING 0.57% INVESTMENTS 1.46% CARE 0.54% IT 1.43% HOUSE 0.52% CARE 1.39% BUILDING 0.52% PROPERTIES 1.34% GLOBAL 0.52% M 1.26% J 0.51% BUILDING 1.23% TRADING 0.51% ENTERPRISES 1.21% INVESTMENTS 0.51% TRAINING 1.18% ENGINEERING 0.49% ELECTRICAL 1.17% SYSTEMS 0.46% SECURITY 1.17%
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 2,114 236,139 99999 - Dormant Company 434 40,648 82990 - Other business support service activities not elsewhere classified 426 52,427 70229 - Management consultancy activities other than financial management 414 30,396 62020 - Information technology consultancy activities 295 23,256 96090 - Other service activities not elsewhere classified 190 22,058 74909 - Other professional, scientific and technical activities not elsewhere classified 147 15,572 62090 - Other information technology service activities 139 12,291 74990 - Non-trading company 135 13,808 41100 - Development of building projects 126 7,980 86900 - Other human health activities 102 7,866 62012 - Business and domestic software development 89 7,446 43999 - Other specialised construction activities not elsewhere classified 86 6,419 47910 - Retail sale via mail order houses or via Internet 84 6,307 41202 - Construction of domestic buildings 78 4,882 7487 - Other business activities 74 10,703 43210 - Electrical installation 73 5,304 68209 - Other letting and operating of own or leased real estate 70 6,971 43390 - Other building completion and finishing 68 4,882 43220 - Plumbing, heat and air-conditioning installation 66 4,045
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