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Worthing, West Sussex

2011 Half Year Business Confidence Report

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. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 349 companies were formed in Worthing. This figure is 0.3% higher than last year, which compares badly to the UK wide figure of 12.3%.

    The highest total for a first half year in Worthing occurred in 2003 when a total of 428 were formed.

    Half Year (Jan-Jun)WorthingUK
    2011349228,735
    2010348203,749
    % change0.3%12.3%
    Record Year2003 (428)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 182 companies were registered in Worthing during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 16.7% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)WorthingUK
    2011182112,344
    201015698,612
    % change16.7%13.9%
    Record Year 2007 (210) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    New Companies by Month
    AprilMayJune
    New companies in 2011526565
    New companies in 2010465357
    % change13.0%22.6%14.0%
    Record Year2007 (80)2003 (73)2003 (81)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 257 companies were dissolved in Worthing. This figure is 18.2% lower than last year, which compares well to the UK wide change of -8.6%.

    The highest total for a first half year in Worthing occurred in 2009 when a total of 368 were closed.

    Half Year (Jan-Jun)WorthingUK
    2011257162,310
    2010314177,631
    % change-18.2%-8.6%
    Record Year2009 (368)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 119 companies were dissolved in Worthing during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 24.7% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)WorthingUK
    201111971,324
    201015894,954
    % change-24.7%-24.9%
    Record Year 2009 (206) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011216137
    Closed companies in 2010385367
    % change-44.7%15.1%-45%
    Record Year2008 (44)2009 (113)2010 (67)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Worthing increased by 92 companies.

    Half Year (Jan-Jun)WorthingUK
    20119266,425
    20103426,118
    Record Year2003 (249)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Worthing during the second quarter of 2011 (Apr 2011 - Jun 2011) was 63 companies.

    second quarter (Apr 2011 - Jun 2011)WorthingUK
    20116341,020
    2010-23,658
    Record Year 2003 (129) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 201131428
    Net growth in 201080-10
    Record Year2007 (63)1999 (48)2003 (61)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Worthing formed 0.2% of all UK companies. This is the same as the 2010 figure of 0.2%.

    Half Year (Jan-Jun)Worthing
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    Record Year (since 1960) 1967 (0.5%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    In the second quarter of 2011, Worthing formed 0.2% of all UK companies.

    second quarter (Apr 2011 - Jun 2011)Worthing
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    Record Year (since 1960) 1968 (0.7%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.2%0.2%0.2%
    UK formation share in 20100.1%0.2%0.2%
    % change9.4%-3.4%1.1%
    Record Year1970 (0.6%)1968 (0.5%)1968 (1.1%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 44.0.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 44.1.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

    The record first half year for female directors in Worthing was 1861 when 40.0% of all directors were female.

    28.6% of all director appointments in Worthing in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in Worthing was in 1866 when 66.7% of all directors were female.

    25.4% of all director appointments in Worthing in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.40%CONSULTING5.09%
    DESIGN1.23%MANAGEMENT4.86%
    SUSSEX0.96%CONSULTANCY3.17%
    SHIRLEY0.88%PROPERTY2.43%
    "RTM"0.88%TRADING2.05%
    CONSULTING0.79%DESIGN1.94%
    WORTHING0.79%ASSOCIATES1.92%
    BUILDING0.70%BUSINESS1.87%
    PROPERTY0.70%CONSTRUCTION1.77%
    CONSTRUCTION0.70%CONSULTANTS1.76%
    ASSOCIATES0.61%MEDIA1.73%
    ELECTRICAL0.61%ENGINEERING1.67%
    CLOSE0.61%LONDON1.60%
    FINANCE0.61%GLOBAL1.46%
    (SOUTHERN)0.53%J1.44%
    FINANCIAL0.53%CARE1.44%
    TRAINING0.53%INVESTMENTS1.42%
    PROJECT0.53%IT1.39%
    HOUSE0.53%BUILDING1.32%
    ENGINEERING0.53%PROPERTIES1.31%
    SERVICE0.53%ELECTRICAL1.30%
    XTREME0.53%M1.27%
    SYSTEMS0.53%S1.23%
    HOMES0.53%ENTERPRISES1.20%
    J0.53%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied241202,072
    7487 - Other business activities8560,758
    82990 - Other business support service activities not elsewhere classified7230,647
    99999 - Dormant Company4418,918
    9999 - Dormant Company3120,111
    70229 - Management consultancy activities other than financial management2516,419
    7499 - Non-trading company2310,955
    4521 - General construction & civil engineering225,928
    7414 - Business & management consultancy1813,053
    74990 - Non-trading company168,481
    62020 - Information technology consultancy activities1610,545
    98000 - Residents property management152,888
    62090 - Other information technology service activities157,095
    7260 - Other computer related activities147,849
    9305 - Other service activities139,063
    5530 - Restaurants135,086
    7222 - Other software consultancy and supply137,143
    41100 - Development of building projects123,852
    86900 - Other human health activities114,154
    68209 - Other letting and operating of own or leased real estate103,790

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07651457 WORTHING LOCAL LTD 31 May 2011
    07649741 BOWERHOUSE PROPERTY MANAGEMENT LIMITED 27 May 2011
    07649665 BOWERHOUSE DEVELOPMENTS LIMITED 27 May 2011
    07649413 MR AUTOBODYS LIMITED 26 May 2011
    07647277 ROOFING ADVISORY SERVICE LIMITED 25 May 2011
    07642154 C J EVANS DECORATORS LTD 20 May 2011
    07641844 PERFECT OFFICE SOLUTIONS LIMITED 20 May 2011
    07637565 REALITY RACING UK LTD 17 May 2011
    07635811 DIGITAL REACTOR LTD. 16 May 2011
    07630805 KB AVIATION LIMITED 11 May 2011
    07627901 DOLYMAYA LIMITED 10 May 2011
    07624075 TWITTEN BITES LIMITED 06 May 2011
    07621971 RGM JOINERY (SUSSEX) LTD 04 May 2011
    07621841 PINSTRIPE PUBLISHING LTD 04 May 2011
    07648039 CARE TAKING SOLUTIONS CIC 26 May 2011
    07621161 COMMUNICATION COMMON LTD 04 May 2011
    07647007 ARUNCRAFT LTD 25 May 2011
    07631837 PARKFIELD COURT MANAGEMENT COMPANY (WORTHING) LIMITED 12 May 2011
    07619846 SILVERDALE HEALTHCARE LIMITED 03 May 2011
    07618736 MATHEMAGICAL LIMITED 03 May 2011
    OC364317 LAND & BRAND NEW HOMES (NORTH) LLP 05 May 2011
    07646047 CRN PROJECTS LIMITED 24 May 2011
    07638352 LASTSAY.CO.UK LTD 18 May 2011
    07637437 ASTON GATE HOMES LIMITED 17 May 2011
    07623309 DEXHEC LTD 05 May 2011