Worthing, West Sussex
Q1 2011 Business Confidence Report
Headlines
- January 2011 saw a new record in company closures in Worthing when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 167 companies were registered in Worthing during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is a decrease of 13.0% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Worthing UK 2011 167 116,391 2010 192 105,137 % change -13.0% 10.7% Record Year 2003 (219) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 49 52 66 New companies in 2010 37 69 86 % change 32.4% -24.6% -23.3% Record Year 2008 (64) 2003 (71) 2007 (101)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 138 companies were dissolved in Worthing during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is a decrease of 11.5% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Worthing UK 2011 138 90,986 2010 156 82,677 % change -11.5% 10.0% Record Year 2009 (162) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company closures in Worthing when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 52 30 56 Closed companies in 2010 35 51 70 % change 48.6% -41.2% -20% Record Year 2011 (52) 2010 (51) 2009 (97)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Worthing during the first quarter of 2011 (Jan 2011 - Mar 2011) was 29 companies.
first quarter (Jan 2011 - Mar 2011) Worthing UK 2011 29 25,405 2010 36 22,460 Record Year 2008 (126) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -3 22 10 Net growth in 2010 2 18 16 Record Year 2008 (44) 2003 (43) 2007 (64)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Worthing formed 0.1% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Worthing 2011 0.1% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% Record Year (since 1960) 1961 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.2% 0.2% % change 14.2% -33.7% -26.8% Record Year 1967 (1.2%) 1961 (0.9%) 1966 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 43.9.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Worthing was in 1861 when 40.0% of all directors were female.
31.6% of all director appointments in Worthing in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.36% CONSULTING 5.04% CONSULTING 1.18% MANAGEMENT 4.97% DESIGN 1.18% CONSULTANCY 3.16% XTREME 1.18% PROPERTY 2.38% "RTM" 0.91% TRADING 2.10% SHIRLEY 0.91% DESIGN 1.93% SUSSEX 0.91% ASSOCIATES 1.92% CONSTRUCTION 0.82% BUSINESS 1.87% WORTHING 0.82% CONSTRUCTION 1.80% ELECTRICAL 0.72% CONSULTANTS 1.76% ENGINEERING 0.72% MEDIA 1.69% SYSTEMS 0.63% ENGINEERING 1.61% CONSULTANCY 0.63% LONDON 1.60% CLOSE 0.63% CARE 1.45% S 0.54% J 1.45% DEVELOPMENTS 0.54% GLOBAL 1.44% PROPERTY 0.54% INVESTMENTS 1.43% FINANCIAL 0.54% IT 1.41% HOUSE 0.54% PROPERTIES 1.36% ASSOCIATES 0.54% BUILDING 1.34% FINANCE 0.54% M 1.30% (SUSSEX) 0.54% ELECTRICAL 1.28% BUILDING 0.54% S 1.24% (SOUTHERN) 0.54% INTERNATIONAL 1.23% PROJECT 0.45% SYSTEMS 1.23%
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 242 202,798 7487 - Other business activities 82 60,968 82990 - Other business support service activities not elsewhere classified 74 30,253 99999 - Dormant Company 36 18,336 70229 - Management consultancy activities other than financial management 30 16,150 9999 - Dormant Company 27 19,765 4521 - General construction & civil engineering 25 6,183 7499 - Non-trading company 22 11,316 74990 - Non-trading company 19 8,695 7260 - Other computer related activities 17 7,789 7414 - Business & management consultancy 17 12,916 98000 - Residents property management 16 3,154 62020 - Information technology consultancy activities 14 10,246 7222 - Other software consultancy and supply 14 7,000 62090 - Other information technology service activities 14 6,996 41100 - Development of building projects 13 3,921 9305 - Other service activities 12 8,740 96090 - Other service activities not elsewhere classified 12 10,085 86900 - Other human health activities 11 4,092 41202 - Construction of domestic buildings 9 2,290
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07541098 JLS SYSTEMS LIMITED 24 Feb 2011 07539810 RECOVERY PARTNERS LTD. 23 Feb 2011 07533767 BEACH VIEW ESTATES LTD 17 Feb 2011 07531535 LA PETITE CHANTEUSE LIMITED 16 Feb 2011 07529870 HOPE PRODUCTIONZ LTD 15 Feb 2011 07527073 LTT 61 LIMITED 11 Feb 2011 07521675 DWB ENGINEERING SERVICES LIMITED 08 Feb 2011 07520376 JASPEN-HILL LIMITED 08 Feb 2011 07519018 ANAGKE & DAUGHTERS LIMITED 07 Feb 2011 07516118 EXECUTIVE AVIATION CONSULTANCY LIMITED 03 Feb 2011 07513941 HD COLOUR SOLUTIONS LIMITED 02 Feb 2011 07513916 DAVID JARMAN ACCOUNTANTS LTD 02 Feb 2011 OC361574 LA SANTE SMOOTHIE BAR LLP 07 Feb 2011 07538397 L G BISHOP LTD 22 Feb 2011 07529612 TJP (UK) LIMITED 15 Feb 2011 07529084 THISTLEBUILD LTD 14 Feb 2011 07521840 PRO BONO CATERING LIMITED 08 Feb 2011 07540294 PRECISE ISOTOPES LIMITED 23 Feb 2011 07533493 MCFADDEN PROPERTIES LTD 17 Feb 2011 07532410 PDI JOINERY LIMITED 16 Feb 2011 07514798 LE GROVE SOLAR LIMITED 02 Feb 2011 07533661 COUK LIMITED 17 Feb 2011 07529347 JAGN SOLUTIONS LTD 14 Feb 2011 07526640 SOCIALCAREEXPERTS LIMITED 11 Feb 2011 07514463 M J J TANNER LIMITED 02 Feb 2011
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