Worthing, West Sussex
Q3 2010 Business Confidence Report
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 191 companies were registered in Worthing during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 9.8% versus the same period last year (Q3 2009). This figure compares equally to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Worthing UK 2010 191 101,492 2009 174 94,671 % change 9.8% 7.2% Record Year 2007 (199) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
New Companies by Month
July August September New companies in 2010 67 61 63 New companies in 2009 63 46 65 % change 6.3% 32.6% -3.1% Record Year 2007 (91) 2003 (63) 2003 (71)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 143 companies were dissolved in Worthing during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 26.7% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Worthing UK 2010 143 87,705 2009 195 159,401 % change -26.7% -45.0% Record Year 2009 (195) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Dissolved Companies by Month
July August September Closed companies in 2010 49 62 32 Closed companies in 2009 55 56 84 % change -10.9% 10.7% -62% Record Year 2009 (55) 2008 (99) 2009 (84)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Worthing during the third quarter of 2010 (Jul 2010 - Sep 2010) was 48 companies.
third quarter (Jul 2010 - Sep 2010) Worthing UK 2010 48 13,787 2009 -21 -64,730 Record Year 2003 (110) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 18 -1 31 Net growth in 2009 8 -10 -19 Record Year 2007 (53) 2003 (40) 2002 (45)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Worthing formed 0.2% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Worthing 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1961 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -1.1% 20.4% -7.1% Record Year 1960 (0.6%) 1964 (0.7%) 1968 (0.7%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 44.3.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Worthing was in 1862 when 50.0% of all directors were female.
26.2% of all director appointments in Worthing in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.57% MANAGEMENT 5.06% CONSULTING 1.57% CONSULTING 4.99% DESIGN 1.22% CONSULTANCY 3.12% XTREME 1.14% PROPERTY 2.38% SUSSEX 0.96% TRADING 2.04% "RTM" 0.87% ASSOCIATES 2.01% SHIRLEY 0.87% DESIGN 1.93% CONSULTANCY 0.87% CONSTRUCTION 1.86% ENGINEERING 0.79% BUSINESS 1.80% WORTHING 0.70% MEDIA 1.75% PROPERTY 0.61% CONSULTANTS 1.73% FINANCIAL 0.61% LONDON 1.59% CONSTRUCTION 0.61% ENGINEERING 1.59% TRAINING 0.61% INVESTMENTS 1.49% S 0.61% CARE 1.44% (SOUTHERN) 0.61% J 1.44% CARE 0.61% INTERNATIONAL 1.43% CLOSE 0.61% GLOBAL 1.42% DEVELOPMENT 0.52% IT 1.35% TRADING 0.52% PROPERTIES 1.35% SOUTHERN 0.52% BUILDING 1.32% BUILDING 0.52% ELECTRICAL 1.30% (SUSSEX) 0.52% M 1.28% SYSTEMS 0.52% SYSTEMS 1.26% MEDICAL 0.44% S 1.24%
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 265 202,902 7487 - Other business activities 92 69,802 82990 - Other business support service activities not elsewhere classified 56 25,053 99999 - Dormant Company 37 14,072 9999 - Dormant Company 32 21,484 70229 - Management consultancy activities other than financial management 30 13,161 7414 - Business & management consultancy 25 14,940 4521 - General construction & civil engineering 24 7,634 7499 - Non-trading company 22 13,408 7260 - Other computer related activities 18 8,967 7222 - Other software consultancy and supply 17 8,183 74990 - Non-trading company 16 7,649 62020 - Information technology consultancy activities 12 8,292 9305 - Other service activities 11 9,454 4531 - Installation electrical wiring etc. 11 2,440 4545 - Other building completion 11 2,970 4534 - Other building installation 11 2,623 68209 - Other letting and operating of own or leased real estate 10 3,631 41100 - Development of building projects 10 3,688 62090 - Other information technology service activities 10 5,716
Recent Companies
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Randomly selected companies from this quarter
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