Worthing, West Sussex
2011 Half Year Business Confidence Report
Contents
New Company Registrations
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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) Worthing UK 2011 349 228,735 2010 348 203,749 % change 0.3% 12.3% Record Year 2003 (428) 2007 (279,097) New Companies by Half Year
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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) Worthing UK 2011 182 112,344 2010 156 98,612 % change 16.7% 13.9% Record Year 2007 (210) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
New Companies by Month
April May June New companies in 2011 52 65 65 New companies in 2010 46 53 57 % change 13.0% 22.6% 14.0% Record Year 2007 (80) 2003 (73) 2003 (81)
Closed Companies (dissolved)
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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) Worthing UK 2011 257 162,310 2010 314 177,631 % change -18.2% -8.6% Record Year 2009 (368) 2009 (289,236) Dissolved Companies by Half Year
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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) Worthing UK 2011 119 71,324 2010 158 94,954 % change -24.7% -24.9% Record Year 2009 (206) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 21 61 37 Closed companies in 2010 38 53 67 % change -44.7% 15.1% -45% Record Year 2008 (44) 2009 (113) 2010 (67)
Net Company Growth
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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) Worthing UK 2011 92 66,425 2010 34 26,118 Record Year 2003 (249) 2007 (171,296) Net Growth by Half Year
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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) Worthing UK 2011 63 41,020 2010 -2 3,658 Record Year 2003 (129) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 31 4 28 Net growth in 2010 8 0 -10 Record Year 2007 (63) 1999 (48) 2003 (61)
UK Company Share
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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 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1967 (0.5%) Company Share by Half Year
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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 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1968 (0.7%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.2% 0.2% 0.2% UK formation share in 2010 0.1% 0.2% 0.2% % change 9.4% -3.4% 1.1% Record Year 1970 (0.6%) 1968 (0.5%) 1968 (1.1%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.40% CONSULTING 5.09% DESIGN 1.23% MANAGEMENT 4.86% SUSSEX 0.96% CONSULTANCY 3.17% SHIRLEY 0.88% PROPERTY 2.43% "RTM" 0.88% TRADING 2.05% CONSULTING 0.79% DESIGN 1.94% WORTHING 0.79% ASSOCIATES 1.92% BUILDING 0.70% BUSINESS 1.87% PROPERTY 0.70% CONSTRUCTION 1.77% CONSTRUCTION 0.70% CONSULTANTS 1.76% ASSOCIATES 0.61% MEDIA 1.73% ELECTRICAL 0.61% ENGINEERING 1.67% CLOSE 0.61% LONDON 1.60% FINANCE 0.61% GLOBAL 1.46% (SOUTHERN) 0.53% J 1.44% FINANCIAL 0.53% CARE 1.44% TRAINING 0.53% INVESTMENTS 1.42% PROJECT 0.53% IT 1.39% HOUSE 0.53% BUILDING 1.32% ENGINEERING 0.53% PROPERTIES 1.31% SERVICE 0.53% ELECTRICAL 1.30% XTREME 0.53% M 1.27% SYSTEMS 0.53% S 1.23% HOMES 0.53% ENTERPRISES 1.20% J 0.53% SYSTEMS 1.20%
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 241 202,072 7487 - Other business activities 85 60,758 82990 - Other business support service activities not elsewhere classified 72 30,647 99999 - Dormant Company 44 18,918 9999 - Dormant Company 31 20,111 70229 - Management consultancy activities other than financial management 25 16,419 7499 - Non-trading company 23 10,955 4521 - General construction & civil engineering 22 5,928 7414 - Business & management consultancy 18 13,053 74990 - Non-trading company 16 8,481 62020 - Information technology consultancy activities 16 10,545 98000 - Residents property management 15 2,888 62090 - Other information technology service activities 15 7,095 7260 - Other computer related activities 14 7,849 9305 - Other service activities 13 9,063 5530 - Restaurants 13 5,086 7222 - Other software consultancy and supply 13 7,143 41100 - Development of building projects 12 3,852 86900 - Other human health activities 11 4,154 68209 - Other letting and operating of own or leased real estate 10 3,790
Recent Companies
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Randomly selected companies from this quarter
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