West Sussex
2014 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2014)
A total of 6,008 companies were formed in West Sussex in 2014. This total is 10.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year West Sussex UK 2014 6,008 582,051 2013 5,453 529,363 2012 5,005 491,893 2011 4,766 452,870 2010 4,247 400,358 Record Year 2006 (15,875) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 2,960 companies were formed in West Sussex. This figure is 15.8% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in West Sussex occurred in 2003 when a total of 18,165 were formed.
Half Year (Jul-Dec) West Sussex UK 2014 2,960 281,320 2013 2,556 259,931 % change 15.8% 8.2% Record Year 2003 (18,165) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 1,420 companies were registered in West Sussex during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 17.5% versus the same period last year (Q4 2013). This figure compares well 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) West Sussex UK 2014 1,420 137,906 2013 1,209 127,247 % change 17.5% 8.4% Record Year 2005 (3,396) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 544 442 434 New companies in 2013 501 389 319 % change 8.6% 13.6% 36.1% Record Year 2004 (1,563) 2003 (2,137) 2003 (1,015)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 3,998 companies were dissolved in West Sussex in 2014. This total is 9.4% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year West Sussex UK 2014 3,998 367,937 2013 3,655 332,213 2012 3,177 293,729 2011 3,467 314,524 2010 4,687 342,233 Record Year 2009 (57,929) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 2,124 companies were dissolved in West Sussex. This figure is 12.4% higher than last year, which compares badly to the UK wide change of 7.7%.
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 2014 2,124 190,730 2013 1,889 177,021 % change 12.4% 7.7% Record Year 2009 (36,979) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 1,013 companies were dissolved in West Sussex during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 12.7% 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) West Sussex UK 2014 1,013 89,060 2013 899 90,851 % change 12.7% -2.0% Record Year 2007 (4,084) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 287 294 432 Closed companies in 2013 338 262 299 % change -15.1% 12.2% 44% Record Year 2012 (370) 2010 (530) 2007 (3,651)
Net Company Growth
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Annual Data (2014)
A total of 2,010 companies were added to the company register for West Sussex in 2014. This number represents growth of 33.5% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 212 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2006 when the West Sussex company register grew by 13,358 companies.
Year West Sussex UK 2014 2,010 214,114 2013 1,798 197,150 2012 1,828 198,164 2011 1,299 138,346 2010 -440 58,125 Record Year 2006 (13,358) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for West Sussex increased by 836 companies.
Half Year (Jul-Dec) West Sussex UK 2014 836 90,590 2013 667 82,910 Record Year 2003 (17,125) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for West Sussex during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 407 companies.
fourth quarter (Oct 2014 - Dec 2014) West Sussex UK 2014 407 48,846 2013 310 36,396 Record Year 2005 (2,818) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 257 148 2 Net growth in 2013 163 127 20 Record Year 2004 (1,395) 2003 (1,982) 2003 (868)
UK Company Share
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Annual Data (2014)
In 2014 West Sussex formed 1.0% of all UK companies. This is no change on 2013 when West Sussex was responsible for 1.0% of all UK companies.
Year West Sussex 2014 1.0% 2013 1.0% 2012 1.0% 2011 1.1% 2010 1.1% Record Year (since 1960) 2003 (7.9%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 West Sussex formed 1.1% of all UK companies. This is more than the 2013 figure of 1.0%.
Half Year (Jul-Dec) West Sussex 2014 1.1% 2013 1.0% 2012 1.0% 2011 1.0% 2010 1.1% Record Year (since 1960) 2003 (9.0%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, West Sussex formed 1.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) West Sussex 2014 1.0% 2013 1.0% 2012 1.0% 2011 1.0% 2010 1.0% Record Year (since 1960) 2003 (4.7%) 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 1.0% 1.0% 1.1% UK formation share in 2013 1.0% 0.9% 0.9% % change 3.3% 7.9% 16.4% Record Year 2004 (5.4%) 2003 (6.8%) 2003 (3.7%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.1.
The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.9% 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 44.7.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.5% 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 44.8.
The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.3% 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 West Sussex was 1990 when 34.6% of all directors were female.
The percentage of female directors in West Sussex in 2014 was 28.3%. 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 West Sussex was 2007 when 36.4% of all directors were female.
27.9% of all director appointments in West Sussex 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 West Sussex was in 2007 when 38.9% of all directors were female.
26.9% of all director appointments in West Sussex 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 2.73% CONSULTING 5.22% MANAGEMENT 1.95% MANAGEMENT 4.58% SUSSEX 1.39% CONSULTANCY 3.57% CONSULTANCY 1.24% PROPERTY 2.66% ELECTRICAL 1.21% CONSTRUCTION 2.12% PROPERTY 1.08% ENGINEERING 2.10% CONSTRUCTION 1.02% CARE 2.02% FARM 0.97% TRADING 1.94% DESIGN 0.81% LONDON 1.93% CONSULTANTS 0.80% TRANSPORT 1.93% CARE 0.72% DESIGN 1.66% BUSINESS 0.68% CONSULTANTS 1.64% PVP 0.63% ELECTRICAL 1.62% ENGINEERING 0.63% PROPERTIES 1.62% ASSOCIATES 0.61% BUSINESS 1.56% DEVELOPMENTS 0.58% J 1.54% J 0.58% CO., 1.50% IT 0.58% GLOBAL 1.49% INVESTMENTS 0.57% INVESTMENTS 1.48% BUILDING 0.54% ASSOCIATES 1.47% TRADING 0.53% DEVELOPMENTS 1.35% ROAD 0.51% MEDIA 1.33% PROJECT 0.50% IT 1.31% TRAINING 0.50% BUILDING 1.29% MEDIA 0.48% 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 2,312 265,608 70229 - Management consultancy activities other than financial management 564 42,290 99999 - Dormant Company 499 48,509 82990 - Other business support service activities not elsewhere classified 404 58,068 62020 - Information technology consultancy activities 336 30,178 96090 - Other service activities not elsewhere classified 243 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 211 19,049 47910 - Retail sale via mail order houses or via Internet 164 10,107 62090 - Other information technology service activities 162 12,837 41100 - Development of building projects 146 11,397 86900 - Other human health activities 133 12,976 74990 - Non-trading company 123 13,984 62012 - Business and domestic software development 108 9,752 63990 - Other information service activities not elsewhere classified 102 6,157 68209 - Other letting and operating of own or leased real estate 99 11,212 98000 - Residents property management 95 5,255 41202 - Construction of domestic buildings 95 7,559 46900 - Non-specialised wholesale trade 93 3,333 43210 - Electrical installation 89 5,985 69201 - Accounting and auditing activities 83 7,528
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09350030 HOMELEE 1967 LIMITED 10 Dec 2014 09356460 YOUR MATE MIKE LTD 16 Dec 2014 09342038 A D CONSTRUCTION & DEVELOPMENT LIMITED 04 Dec 2014 09358407 REFERENCING SOLUTIONS LTD 17 Dec 2014 09339292 HAYNES INVESTMENTS LIMITED 03 Dec 2014 09340030 JNL PARTNERS LTD 03 Dec 2014 09341094 ALF'S PROPERTIES LIMITED 04 Dec 2014 09355699 PEARSELL LIMITED 15 Dec 2014 09360442 QUESTION GAMES LTD 18 Dec 2014 09361779 SEAN WELCH LTD 19 Dec 2014 09362006 SUSSEX DAIRY LIMITED 19 Dec 2014 09366640 JMG BI FRAMEWORK LIMITED 24 Dec 2014 09370527 MEGALOOP LTD 31 Dec 2014 09370696 FUTFREAK LIMITED 31 Dec 2014 09370877 AMI STRUCTURAL LIMITED 31 Dec 2014 09336385 ENERGYWARE LIMITED 02 Dec 2014 09348062 B2B INNOVATIVE SOLUTIONS LIMITED 09 Dec 2014 09347691 THE SUSSEX CARDIAC CLINIC LIMITED 09 Dec 2014 09364639 ALLY RUTHERFORD CONSULTING LIMITED 22 Dec 2014 09339140 PRIDE PROPERTY RENOVATIONS LIMITED 03 Dec 2014 09343588 DEMARQ LIMITED 05 Dec 2014 09366139 EMPEROS LIGHTING LIMITED 23 Dec 2014 09337442 SMART DOG (UK) CIC 02 Dec 2014 09352036 VJ EMPIRE LIMITED 12 Dec 2014 09353596 HENRIETTA LOVELL ENTERPRISES LTD 12 Dec 2014
reports
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