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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

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. 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)WorthingUK
    2011167116,391
    2010192105,137
    % change-13.0%10.7%
    Record Year 2003 (219) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011495266
    New companies in 2010376986
    % change32.4%-24.6%-23.3%
    Record Year2008 (64)2003 (71)2007 (101)

Closed Companies (dissolved)

  1. 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)WorthingUK
    201113890,986
    201015682,677
    % change-11.5%10.0%
    Record Year 2009 (162) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2011523056
    Closed companies in 2010355170
    % change48.6%-41.2%-20%
    Record Year2011 (52)2010 (51)2009 (97)

Net Company Growth

  1. 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)WorthingUK
    20112925,405
    20103622,460
    Record Year 2008 (126) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-32210
    Net growth in 201021816
    Record Year2008 (44)2003 (43)2007 (64)

UK Company Share

  1. 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
    20110.1%
    20100.2%
    20090.2%
    20080.2%
    20070.1%
    Record Year (since 1960) 1961 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.2%0.2%
    % change14.2%-33.7%-26.8%
    Record Year1967 (1.2%)1961 (0.9%)1966 (0.7%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2010-Mar 2011)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT1.36%CONSULTING5.04%
    CONSULTING1.18%MANAGEMENT4.97%
    DESIGN1.18%CONSULTANCY3.16%
    XTREME1.18%PROPERTY2.38%
    "RTM"0.91%TRADING2.10%
    SHIRLEY0.91%DESIGN1.93%
    SUSSEX0.91%ASSOCIATES1.92%
    CONSTRUCTION0.82%BUSINESS1.87%
    WORTHING0.82%CONSTRUCTION1.80%
    ELECTRICAL0.72%CONSULTANTS1.76%
    ENGINEERING0.72%MEDIA1.69%
    SYSTEMS0.63%ENGINEERING1.61%
    CONSULTANCY0.63%LONDON1.60%
    CLOSE0.63%CARE1.45%
    S0.54%J1.45%
    DEVELOPMENTS0.54%GLOBAL1.44%
    PROPERTY0.54%INVESTMENTS1.43%
    FINANCIAL0.54%IT1.41%
    HOUSE0.54%PROPERTIES1.36%
    ASSOCIATES0.54%BUILDING1.34%
    FINANCE0.54%M1.30%
    (SUSSEX)0.54%ELECTRICAL1.28%
    BUILDING0.54%S1.24%
    (SOUTHERN)0.54%INTERNATIONAL1.23%
    PROJECT0.45%SYSTEMS1.23%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied242202,798
    7487 - Other business activities8260,968
    82990 - Other business support service activities not elsewhere classified7430,253
    99999 - Dormant Company3618,336
    70229 - Management consultancy activities other than financial management3016,150
    9999 - Dormant Company2719,765
    4521 - General construction & civil engineering256,183
    7499 - Non-trading company2211,316
    74990 - Non-trading company198,695
    7260 - Other computer related activities177,789
    7414 - Business & management consultancy1712,916
    98000 - Residents property management163,154
    62020 - Information technology consultancy activities1410,246
    7222 - Other software consultancy and supply147,000
    62090 - Other information technology service activities146,996
    41100 - Development of building projects133,921
    9305 - Other service activities128,740
    96090 - Other service activities not elsewhere classified1210,085
    86900 - Other human health activities114,092
    41202 - Construction of domestic buildings92,290

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07582454 TOP NOTCH SAFETY LIMITED 29 Mar 2011
    07577962 SALSA BRAVA LTD 24 Mar 2011
    07573921 ADL DRYLINING LIMITED 22 Mar 2011
    07570970 AURORA GORING LIMITED 21 Mar 2011
    07570373 IHOPE ASSOCIATES LTD 18 Mar 2011
    07569186 TROY PLUS LIMITED 18 Mar 2011
    07567921 BLUEPRINT 22 17 Mar 2011
    07564802 SEABIRDIT COMPUTER SERVICES LIMITED 15 Mar 2011
    07563682 BALIK SPA LTD 15 Mar 2011
    07563652 A GRADE BUILDERS LTD 15 Mar 2011
    07562805 NATESAN LTD 14 Mar 2011
    07560707 FORTYTWO WORTHING LIMITED 11 Mar 2011
    07560055 REEL TASTY LTD 10 Mar 2011
    07581551 SAFEVIEW WINDOWS (SUSSEX) LIMITED 29 Mar 2011
    07576018 HUMPHREY AND CO ELECTRICAL LTD 23 Mar 2011
    07570733 TEGAL SIGNS LIMITED 21 Mar 2011
    07581353 SOUTHERN WATER (GREENSANDS) FINANCING PLC 28 Mar 2011
    07548601 PIPSQUEAK PARCELS LTD 02 Mar 2011
    07577733 L NELLER ELECTRICAL SERVICES LTD 24 Mar 2011
    07574680 M DEMIR OFF LICENCE LTD 23 Mar 2011
    07569009 MARGALEF INTERNATIONAL LTD 17 Mar 2011
    07561081 PENTILES A-TEAM LIMITED 11 Mar 2011
    07557949 78 ROWLANDS ROAD LIMITED 09 Mar 2011
    07555630 FIG TREE COTTAGE LIMITED 08 Mar 2011
    07548526 APOLLO HYPNOTHERAPY LTD 02 Mar 2011