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
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07657481 OVER RAIL SERVICES LIMITED 03 Jun 2011 07657545 REVIVE VEHICLE SOLUTIONS LIMITED 03 Jun 2011 07668459 SPRINT FUELS ONLINE LIMITED 14 Jun 2011 07670039 WELLTREND CLOTHING LTD 14 Jun 2011 07674032 ROBBY BATTELL LIMITED 20 Jun 2011 07674782 HYPEREON LTD. 20 Jun 2011 07675509 HENTY TILING LIMITED 21 Jun 2011 07677379 MAPLE LEAF TELECOM LIMITED 21 Jun 2011 07682583 HAZRAT SHAHJALAL LTD 27 Jun 2011 07685068 E B B & T LIMITED 28 Jun 2011 07685233 D TOWERS ELECTRICAL LTD 28 Jun 2011 07685754 BIG GIGANTIC LIMITED 28 Jun 2011 07686082 TIFFIN MANAGEMENT CONSULTING LIMITED 28 Jun 2011 07686377 PAC WELDING LIMITED 29 Jun 2011 07687672 P C M MOWERMAN LIMITED 29 Jun 2011 07668202 FRENCHFOX IT LIMITED 14 Jun 2011 07673704 FERRING DENTAL PRACTICE LIMITED 17 Jun 2011 07687678 SJ MARLEY SERVICES LTD 29 Jun 2011 07656970 ARCH ENCLOSURES LIMITED 03 Jun 2011 07677296 HOBDEN PROPERTY LIMITED 21 Jun 2011 07658749 TIGERLILY WILTSHIRE AND DORSET LTD 06 Jun 2011 07661881 INSIGNIA PLUS LTD 08 Jun 2011 07666726 MASINA UK LTD 13 Jun 2011 07673196 THE LOXWOOD ASSOCIATES LTD 17 Jun 2011 07686912 PRICEMYCONSERVATORY LIMITED 29 Jun 2011
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