Worthing, West Sussex
2012 Half Year Business Confidence Report
Headlines
- Q2 2012 saw a new record in company registrations in Worthing when compared to any previous Q2.
- May 2012 saw a new record in company registrations in Worthing when compared to any previous May.
- April 2012 saw a new record in company closures in Worthing when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 400 companies were formed in Worthing. This figure is 14.6% higher than last year, which compares well to the UK wide figure of 10.7%.
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 2012 400 253,150 2011 349 228,735 % change 14.6% 10.7% Record Year 2003 (428) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Q2 2012 saw a new record in company registrations in Worthing when compared to any previous Q2.
A total of 211 companies were registered in Worthing during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 15.9% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 8.3% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Worthing UK 2012 211 121,659 2011 182 112,344 % change 15.9% 8.3% Record Year 2012 (211) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
May 2012 saw a new record in company registrations in Worthing when compared to any previous May.
New Companies by Month
April May June New companies in 2012 70 79 62 New companies in 2011 52 65 65 % change 34.6% 21.5% -4.6% Record Year 2007 (80) 2012 (79) 2003 (81)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 274 companies were dissolved in Worthing. This figure is 6.6% higher than last year, which compares badly to the UK wide change of -8.9%.
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 2012 274 147,793 2011 257 162,310 % change 6.6% -8.9% Record Year 2009 (368) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 148 companies were dissolved in Worthing during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 24.4% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Worthing UK 2012 148 80,218 2011 119 71,324 % change 24.4% 12.5% Record Year 2009 (206) 2009 (181,177) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
April 2012 saw a new record in company closures in Worthing when compared to any previous April.
Dissolved Companies by Month
April May June Closed companies in 2012 47 54 47 Closed companies in 2011 21 61 37 % change 123.8% -11.5% 27% Record Year 2012 (47) 2009 (113) 2010 (67)
Net Company Growth
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 the company register for Worthing increased by 126 companies.
Half Year (Jan-Jun) Worthing UK 2012 126 105,357 2011 92 66,425 Record Year 2003 (249) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Net company growth for Worthing during the second quarter of 2012 (Apr 2012 - Jun 2012) was 63 companies.
second quarter (Apr 2012 - Jun 2012) Worthing UK 2012 63 41,441 2011 63 41,020 Record Year 2003 (129) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
Net Growth by Month
April May June Net growth in 2012 23 25 15 Net growth in 2011 31 4 28 Record Year 2007 (63) 1999 (48) 2003 (61)
UK Company Share
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 Worthing formed 0.2% of all UK companies. This is the same as the 2011 figure of 0.2%.
Half Year (Jan-Jun) Worthing 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% Record Year (since 1960) 1967 (0.5%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
In the second quarter of 2012, Worthing formed 0.2% of all UK companies.
second quarter (Apr 2012 - Jun 2012) Worthing 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% Record Year (since 1960) 1968 (0.7%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 0.2% 0.2% 0.2% UK formation share in 2011 0.2% 0.2% 0.2% % change 13.3% 6.5% 1.9% Record Year 1970 (0.6%) 1968 (0.5%) 1968 (1.1%)
Director Age
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Half Year Data (Jan-Jun 2012)
The average age of a director in the first half of 2012 was 43.5.
The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.9%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.4%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The average age of a director in the second quarter of 2012 was 43.2.
The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 5.2%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2012)
The record first half year for female directors in Worthing was 1857 when 40.0% of all directors were female.
21.9% of all director appointments in Worthing in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The record second quarter for female directors in Worthing was in 1866 when 57.1% of all directors were female.
27.6% of all director appointments in Worthing in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage DESIGN 1.60% CONSULTING 5.07% MANAGEMENT 1.18% MANAGEMENT 4.74% CONSULTING 1.18% CONSULTANCY 3.28% SUSSEX 1.09% PROPERTY 2.35% ELECTRICAL 1.09% TRADING 2.10% ROAD 1.01% DESIGN 1.89% ENGINEERING 0.93% ENGINEERING 1.87% MEDIA 0.84% ASSOCIATES 1.82% J 0.84% CONSULTANTS 1.78% PROPERTY 0.76% CONSTRUCTION 1.71% CONSULTANTS 0.76% BUSINESS 1.70% (SUSSEX) 0.76% MEDIA 1.69% CARE 0.76% LONDON 1.68% CONSTRUCTION 0.67% J 1.57% BUILDING 0.67% GLOBAL 1.51% DIGITAL 0.67% INVESTMENTS 1.48% CREATIVE 0.67% IT 1.42% CONSULTANCY 0.67% CARE 1.31% WORTHING 0.59% PROPERTIES 1.31% M 0.59% M 1.26% HOUSE 0.59% ELECTRICAL 1.23% PROPERTIES 0.50% BUILDING 1.23% BUSINESS 0.50% SECURITY 1.19% TECHNOLOGIES 0.50% S 1.18% IT 0.42% ENTERPRISES 1.17%
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 328 244,457 82990 - Other business support service activities not elsewhere classified 75 35,447 7487 - Other business activities 65 47,029 99999 - Dormant Company 48 26,088 9999 - Dormant Company 38 16,469 70229 - Management consultancy activities other than financial management 26 20,390 62090 - Other information technology service activities 21 8,258 96090 - Other service activities not elsewhere classified 20 14,220 74990 - Non-trading company 18 9,706 62020 - Information technology consultancy activities 18 15,280 4521 - General construction & civil engineering 17 4,644 86900 - Other human health activities 16 5,222 7414 - Business & management consultancy 16 10,978 7499 - Non-trading company 15 8,023 41100 - Development of building projects 13 5,149 43210 - Electrical installation 13 3,557 7260 - Other computer related activities 13 6,456 7222 - Other software consultancy and supply 13 6,356 43999 - Other specialised construction activities not elsewhere classified 12 4,091 98000 - Residents property management 12 3,001
Recent Companies
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Randomly selected companies from this quarter
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