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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

  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 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)WorthingUK
    2012400253,150
    2011349228,735
    % change14.6%10.7%
    Record Year2003 (428)2007 (279,097)
    New Companies by Half Year
  2. 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)WorthingUK
    2012211121,659
    2011182112,344
    % change15.9%8.3%
    Record Year 2012 (211) 2012 (121,659)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2012707962
    New companies in 2011526565
    % change34.6%21.5%-4.6%
    Record Year2007 (80)2012 (79)2003 (81)

Closed Companies (dissolved)

  1. 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)WorthingUK
    2012274147,793
    2011257162,310
    % change6.6%-8.9%
    Record Year2009 (368)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)WorthingUK
    201214880,218
    201111971,324
    % change24.4%12.5%
    Record Year 2009 (206) 2009 (181,177)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2012475447
    Closed companies in 2011216137
    % change123.8%-11.5%27%
    Record Year2012 (47)2009 (113)2010 (67)

Net Company Growth

  1. 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)WorthingUK
    2012126105,357
    20119266,425
    Record Year2003 (249)2007 (171,296)
    Net Growth by Half Year
  2. 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)WorthingUK
    20126341,441
    20116341,020
    Record Year 2003 (129) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012232515
    Net growth in 201131428
    Record Year2007 (63)1999 (48)2003 (61)

UK Company Share

  1. 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
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960) 1967 (0.5%)
    Company Share by Half Year
  2. 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
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960) 1968 (0.7%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.2%0.2%0.2%
    UK formation share in 20110.2%0.2%0.2%
    % change13.3%6.5%1.9%
    Record Year1970 (0.6%)1968 (0.5%)1968 (1.1%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2011-Jun 2012)

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

    wordpercentageuk worduk percentage
    DESIGN1.60%CONSULTING5.07%
    MANAGEMENT1.18%MANAGEMENT4.74%
    CONSULTING1.18%CONSULTANCY3.28%
    SUSSEX1.09%PROPERTY2.35%
    ELECTRICAL1.09%TRADING2.10%
    ROAD1.01%DESIGN1.89%
    ENGINEERING0.93%ENGINEERING1.87%
    MEDIA0.84%ASSOCIATES1.82%
    J0.84%CONSULTANTS1.78%
    PROPERTY0.76%CONSTRUCTION1.71%
    CONSULTANTS0.76%BUSINESS1.70%
    (SUSSEX)0.76%MEDIA1.69%
    CARE0.76%LONDON1.68%
    CONSTRUCTION0.67%J1.57%
    BUILDING0.67%GLOBAL1.51%
    DIGITAL0.67%INVESTMENTS1.48%
    CREATIVE0.67%IT1.42%
    CONSULTANCY0.67%CARE1.31%
    WORTHING0.59%PROPERTIES1.31%
    M0.59%M1.26%
    HOUSE0.59%ELECTRICAL1.23%
    PROPERTIES0.50%BUILDING1.23%
    BUSINESS0.50%SECURITY1.19%
    TECHNOLOGIES0.50%S1.18%
    IT0.42%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied328244,457
    82990 - Other business support service activities not elsewhere classified7535,447
    7487 - Other business activities6547,029
    99999 - Dormant Company4826,088
    9999 - Dormant Company3816,469
    70229 - Management consultancy activities other than financial management2620,390
    62090 - Other information technology service activities218,258
    96090 - Other service activities not elsewhere classified2014,220
    74990 - Non-trading company189,706
    62020 - Information technology consultancy activities1815,280
    4521 - General construction & civil engineering174,644
    86900 - Other human health activities165,222
    7414 - Business & management consultancy1610,978
    7499 - Non-trading company158,023
    41100 - Development of building projects135,149
    43210 - Electrical installation133,557
    7260 - Other computer related activities136,456
    7222 - Other software consultancy and supply136,356
    43999 - Other specialised construction activities not elsewhere classified124,091
    98000 - Residents property management123,001

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08055666 TOWBEX LTD 03 May 2012
    08063103 ABILITIES CARE LIMITED 09 May 2012
    08063722 CARNIVORE CATERING LIMITED 10 May 2012
    08065788 TT PROMOTIONS (UK) LIMITED 11 May 2012
    08067440 LINKS CARE LIMITED 14 May 2012
    08068411 20 CLIFTON ROAD WORTHING (MANAGEMENT) LIMITED 14 May 2012
    08076722 ASHFIELD KITCHENS LTD 21 May 2012
    08081671 LEEWARD LIMITED 24 May 2012
    08083628 BACK TO THE FUCHSIA LIMITED 25 May 2012
    08088274 M.O.R.E. DESIGN AND ENGINEERING LIMITED 30 May 2012
    OC375640 KELLSTAN PROPERTIES LLP 29 May 2012
    08077728 AUDIO VISUAL DIGITAL SOLUTIONS LIMITED 22 May 2012
    08090723 REPRAP INDUSTRIES LIMITED 31 May 2012
    08054961 PELLEGRINO PARTNERSHIP LTD 02 May 2012
    08062287 TEMPERANCE LTD 09 May 2012
    08081702 A RAE SECURITY LIMITED 24 May 2012
    08088978 TECHNIK FACILITIES LIMITED 30 May 2012
    08055897 T S L SOUTHERN LIMITED 03 May 2012
    08063137 HARRISON COURT RTM COMPANY LTD 09 May 2012
    08063261 FIREHORSE! PRODUCTIONS LIMITED 10 May 2012
    08067182 EUROPEAN MEDICINES LIMITED 14 May 2012
    08068026 EUROPA MEDICINES LIMITED 14 May 2012
    08069621 TOUCH OF CARE LIMITED 15 May 2012
    08082033 THE WILLOW TREE CAFE LTD 24 May 2012
    08084109 JULIA'S KITCHEN (FINDON) LIMITED 25 May 2012