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Worthing, West Sussex

2011 Annual Business Confidence Report

Headlines

  • Q4 2011 saw a new record in company closures in Worthing when compared to any previous Q4.
  • December 2011 saw a new record in company closures in Worthing when compared to any previous December.
  • November 2011 saw a new record in company closures in Worthing when compared to any previous November.

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. Annual Data (2011)

    A total of 680 companies were formed in Worthing in 2011. This total is 1.8% higher than in 2010 and compares poorly to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearWorthingUK
    2011680452,870
    2010668400,358
    2009617362,675
    2008610349,203
    2007778457,649
    Record Year2003 (807)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 331 companies were formed in Worthing. This figure is 3.4% higher than last year, which compares badly to the UK wide figure of 14.0%.

    The highest total for a second half year in Worthing occurred in 2003 when a total of 379 were formed.

    Half Year (Jul-Dec)WorthingUK
    2011331224,135
    2010320196,609
    % change3.4%14.0%
    Record Year2003 (379)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 140 companies were registered in Worthing during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 8.5% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)WorthingUK
    2011140109,623
    201012995,117
    % change8.5%15.3%
    Record Year 2002 (195) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011534245
    New companies in 2010375042
    % change43.2%-16.0%7.1%
    Record Year2003 (80)2002 (73)2002 (52)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 568 companies were dissolved in Worthing in 2011. This total is 5.8% lower than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.

    YearWorthingUK
    2011568314,523
    2010603342,232
    2009709533,773
    2008384237,901
    2007378220,295
    Record Year2009 (709)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 311 companies were dissolved in Worthing. This figure is 7.6% higher than last year, which compares badly to the UK wide change of -7.5%.

    The highest total for a second half year in Worthing occurred in 2009 when a total of 341 were closed.

    Half Year (Jul-Dec)WorthingUK
    2011311152,213
    2010289164,601
    % change7.6%-7.5%
    Record Year2009 (341)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in company closures in Worthing when compared to any previous Q4.

    A total of 173 companies were dissolved in Worthing during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 18.5% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)WorthingUK
    201117379,983
    201014676,896
    % change18.5%4.0%
    Record Year 2011 (173) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    December 2011 saw a new record in company closures in Worthing when compared to any previous December.

    November 2011 saw a new record in company closures in Worthing when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011327566
    Closed companies in 2010545735
    % change-40.7%31.6%89%
    Record Year2010 (54)2011 (75)2011 (66)

Net Company Growth

  1. Annual Data (2011)

    A total of 112 companies were added to the company register for Worthing in 2011. This number represents growth of 16.8% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.

    This number is 47 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Worthing company register grew by 459 companies.

    YearWorthingUK
    2011112138,347
    20106558,126
    2009-92-171,098
    2008226111,302
    2007400237,354
    Record Year2003 (459)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Worthing increased by 20 companies.

    Half Year (Jul-Dec)WorthingUK
    20112071,922
    20103132,008
    Record Year2003 (210)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Worthing during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was -33 companies.

    fourth quarter (Oct 2011 - Dec 2011)WorthingUK
    2011-3329,640
    2010-1718,221
    Record Year 2002 (111) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201121-33-21
    Net growth in 2010-17-77
    Record Year2003 (54)2002 (47)2002 (27)

UK Company Share

  1. Annual Data (2011)

    In 2011 Worthing formed 0.2% of all UK companies. This is no change on 2010 when Worthing was responsible for 0.2% of all UK companies.

    YearWorthing
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    Record Year (since 1960)1961 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Worthing formed 0.1% of all UK companies. This is less than the 2010 figure of 0.2%.

    Half Year (Jul-Dec)Worthing
    20110.1%
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    Record Year (since 1960) 1961 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    In the fourth quarter of 2011, Worthing formed 0.1% of all UK companies.

    fourth quarter (Oct 2011 - Dec 2011)Worthing
    20110.1%
    20100.1%
    20090.2%
    20080.2%
    20070.2%
    Record Year (since 1960) 1961 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.2%
    % change24.5%-28.4%-5.0%
    Record Year1968 (0.4%)1968 (0.7%)1965 (0.8%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 43.4.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 42.8.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 42.4.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    The record year for female directors in Worthing was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Worthing in 2011 was 32.9%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Worthing was 1860 when 42.9% of all directors were female.

    31.6% of all director appointments in Worthing in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Worthing was in 1977 when 31.1% of all directors were female.

    25.4% of all director appointments in Worthing in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.59%CONSULTING5.07%
    DESIGN1.33%MANAGEMENT4.74%
    ELECTRICAL1.15%CONSULTANCY3.26%
    CONSULTING1.06%PROPERTY2.37%
    J1.06%TRADING2.07%
    SUSSEX0.97%DESIGN1.92%
    BUILDING0.88%ASSOCIATES1.86%
    CONSULTANCY0.80%ENGINEERING1.78%
    ENGINEERING0.80%BUSINESS1.78%
    CREATIVE0.71%CONSULTANTS1.76%
    M0.71%CONSTRUCTION1.73%
    PROJECT0.62%MEDIA1.71%
    (SUSSEX)0.62%LONDON1.63%
    PROPERTY0.62%J1.51%
    DIGITAL0.62%INVESTMENTS1.48%
    CARE0.53%GLOBAL1.46%
    BUSINESS0.53%IT1.41%
    SERVICE0.53%CARE1.39%
    CONSTRUCTION0.53%PROPERTIES1.29%
    WORTHING0.53%ELECTRICAL1.29%
    R0.44%M1.27%
    SYSTEMS0.44%BUILDING1.26%
    DEVELOPMENTS0.44%ENERGY1.25%
    DAVID0.44%S1.20%
    FINANCIAL0.44%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied269205,525
    7487 - Other business activities7557,052
    82990 - Other business support service activities not elsewhere classified7132,483
    99999 - Dormant Company4621,846
    9999 - Dormant Company4220,199
    70229 - Management consultancy activities other than financial management2417,765
    7499 - Non-trading company209,957
    62020 - Information technology consultancy activities1812,072
    7414 - Business & management consultancy1713,034
    4521 - General construction & civil engineering175,558
    74990 - Non-trading company168,929
    96090 - Other service activities not elsewhere classified1511,768
    86900 - Other human health activities144,457
    7222 - Other software consultancy and supply147,398
    7260 - Other computer related activities137,667
    62090 - Other information technology service activities137,493
    5530 - Restaurants125,013
    9305 - Other service activities129,492
    98000 - Residents property management122,874
    41100 - Development of building projects114,331

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07834435 3 ELEVEN AUTOMOTIVE LTD 03 Nov 2011
    07836506 KENDAL LODGE LIMITED 07 Nov 2011
    07837588 DIGITAL PROGRESSION LTD 07 Nov 2011
    07837929 LGR SOLUTIONS LTD 07 Nov 2011
    07841207 BRAND STAND LIMITED 09 Nov 2011
    07848143 SAFE-MDS LIMITED 15 Nov 2011
    07850414 YOUR AUSTRALIAN BUSINESS LTD 16 Nov 2011
    07854578 JOHN HOWARD MORTGAGES LTD 21 Nov 2011
    07855100 BROKEN CHAIR MEDIA LTD 21 Nov 2011
    07855547 BLUESTAR INC LIMITED 21 Nov 2011
    07860927 GETMYFIRSTJOB.CO.UK LIMITED 25 Nov 2011
    07862064 QUALITAS PARTNERS LIMITED 28 Nov 2011
    07864739 DML DESIGN LIMITED 29 Nov 2011
    07865395 ABBEYBARN TYRES LTD 30 Nov 2011
    07865529 LEMON GRASS (PETERSFIELD) LIMITED 30 Nov 2011
    OC370039 ROTEL APARTMENTS LLP 22 Nov 2011
    07856865 RIFF RECORDS LIMITED 22 Nov 2011
    07866113 W23 BRAND MANAGEMENT LIMITED 30 Nov 2011
    07834429 AREA MANAGEMENT SOLUTIONS LIMITED 03 Nov 2011
    07853436 ONLINE BATHROOM STORE LTD 18 Nov 2011
    07859429 N.BURTON LIMITED 24 Nov 2011
    07838804 CRYSTAL CLEAR MINERALS LTD 08 Nov 2011
    07839191 PRO-SPARK ELECTRICAL LTD 08 Nov 2011
    07860610 HIGHDOWN MOTOR COMPANY LIMITED 25 Nov 2011
    OC369623 PICCOLA ITALIA LLP 09 Nov 2011