Worthing, West Sussex
2012 Annual Business Confidence Report
Headlines
- The second half of 2012 saw a new record in company registrations in Worthing when compared to any previous second half year.
- Q4 2012 saw a new record in company registrations in Worthing when compared to any previous Q4.
- October 2012 saw a new record in company registrations in Worthing when compared to any previous October.
- October 2012 saw a new record in company closures in Worthing when compared to any previous October.
- December 2012 saw a new record in net growth in Worthing when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2012)
A total of 780 companies were formed in Worthing in 2012. This total is 14.7% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Worthing UK 2012 780 491,893 2011 680 452,870 2010 668 400,358 2009 617 362,675 2008 610 349,203 Record Year 2003 (807) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in Worthing when compared to any previous second half year.
In the second half of 2012 a total of 380 companies were formed in Worthing. This figure is 14.8% higher than last year, which compares well to the UK wide figure of 6.5%.
The highest total for a second half year in Worthing occurred in 2012 when a total of 380 were formed.
Half Year (Jul-Dec) Worthing UK 2012 380 238,743 2011 331 224,135 % change 14.8% 6.5% Record Year 2012 (380) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company registrations in Worthing when compared to any previous Q4.
A total of 201 companies were registered in Worthing during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 43.6% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Worthing UK 2012 201 119,875 2011 140 109,623 % change 43.6% 9.4% Record Year 2012 (201) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company registrations in Worthing when compared to any previous October.
New Companies by Month
October November December New companies in 2012 87 70 44 New companies in 2011 53 42 45 % change 64.2% 66.7% -2.2% Record Year 2012 (87) 2002 (73) 2002 (52)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 527 companies were dissolved in Worthing in 2012. This total is 7.2% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.
Year Worthing UK 2012 527 293,728 2011 568 314,524 2010 603 342,233 2009 709 533,787 2008 384 237,873 Record Year 2009 (709) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 253 companies were dissolved in Worthing. This figure is 18.6% lower than last year, which compares well to the UK wide change of -4.1%.
The highest total for a second half year in Worthing occurred in 2009 when a total of 341 were closed.
Half Year (Jul-Dec) Worthing UK 2012 253 145,934 2011 311 152,213 % change -18.6% -4.1% Record Year 2009 (341) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 119 companies were dissolved in Worthing during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 31.2% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Worthing UK 2012 119 70,026 2011 173 79,983 % change -31.2% -12.4% Record Year 2011 (173) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in Worthing when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 72 33 14 Closed companies in 2011 32 75 66 % change 125.0% -56.0% -79% Record Year 2012 (72) 2011 (75) 2011 (66)
Net Company Growth
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Annual Data (2012)
A total of 253 companies were added to the company register for Worthing in 2012. This number represents growth of 37.2% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 141 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.
Year Worthing UK 2012 253 198,165 2011 112 138,346 2010 65 58,125 2009 -92 -171,112 2008 226 111,330 Record Year 2003 (459) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Worthing increased by 127 companies.
Half Year (Jul-Dec) Worthing UK 2012 127 92,809 2011 20 71,922 Record Year 2003 (210) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Worthing during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 82 companies.
fourth quarter (Oct 2012 - Dec 2012) Worthing UK 2012 82 49,849 2011 -33 29,640 Record Year 2002 (111) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in net growth in Worthing when compared to any previous December.
Net Growth by Month
October November December Net growth in 2012 15 37 30 Net growth in 2011 21 -33 -21 Record Year 2003 (54) 2002 (47) 2012 (30)
UK Company Share
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Annual Data (2012)
In 2012 Worthing formed 0.2% of all UK companies. This is no change on 2011 when Worthing was responsible for 0.2% of all UK companies.
Year Worthing 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% Record Year (since 1960) 1961 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Worthing formed 0.2% of all UK companies. This is more than the 2011 figure of 0.1%.
Half Year (Jul-Dec) Worthing 2012 0.2% 2011 0.1% 2010 0.2% 2009 0.2% 2008 0.2% Record Year (since 1960) 1961 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Worthing formed 0.2% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Worthing 2012 0.2% 2011 0.1% 2010 0.1% 2009 0.2% 2008 0.2% Record Year (since 1960) 1961 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.2% 0.2% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change 37.9% 58.5% -4.8% Record Year 1968 (0.4%) 1968 (0.7%) 1965 (0.8%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 44.3.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 44.3.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 45.4.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Worthing was 1860 when 35.7% of all directors were female.
The percentage of female directors in Worthing in 2012 was 32.9%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Worthing was 1860 when 42.9% of all directors were female.
30.2% of all director appointments in Worthing in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Worthing was in 1977 when 31.2% of all directors were female.
32.9% of all director appointments in Worthing in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage SUSSEX 1.16% CONSULTING 5.15% DESIGN 1.08% MANAGEMENT 4.78% MEDIA 0.93% CONSULTANCY 3.31% CONSULTING 0.93% PROPERTY 2.40% MANAGEMENT 0.85% TRADING 2.03% HOLDINGS 0.77% DESIGN 1.86% HOUSE 0.77% ASSOCIATES 1.82% ELECTRICAL 0.77% ENGINEERING 1.79% ROAD 0.77% BUSINESS 1.76% WORTHING 0.77% CONSULTANTS 1.75% CONSULTANTS 0.70% CONSTRUCTION 1.69% IT 0.62% LONDON 1.69% ENGINEERING 0.62% MEDIA 1.69% CARE 0.62% GLOBAL 1.59% BUILDING 0.62% J 1.57% PROPERTY 0.54% INVESTMENTS 1.46% S 0.54% IT 1.43% (WORTHING) 0.54% CARE 1.39% CONSULTANCY 0.46% PROPERTIES 1.34% (SUSSEX) 0.46% M 1.26% CONSTRUCTION 0.46% BUILDING 1.23% ENTERPRISES 0.46% ENTERPRISES 1.21% MARLIN 0.46% TRAINING 1.18% TRAINING 0.46% ELECTRICAL 1.17% KITCHEN 0.39% SECURITY 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 307 236,139 82990 - Other business support service activities not elsewhere classified 99 52,427 99999 - Dormant Company 73 40,648 70229 - Management consultancy activities other than financial management 40 30,396 62020 - Information technology consultancy activities 39 23,256 86900 - Other human health activities 30 7,866 96090 - Other service activities not elsewhere classified 29 22,058 74990 - Non-trading company 24 13,808 62090 - Other information technology service activities 23 12,291 41100 - Development of building projects 19 7,980 43999 - Other specialised construction activities not elsewhere classified 19 6,419 43210 - Electrical installation 19 5,304 43390 - Other building completion and finishing 14 4,882 74909 - Other professional, scientific and technical activities not elsewhere classified 14 15,572 62012 - Business and domestic software development 14 7,446 98000 - Residents property management 14 4,377 56101 - Licensed restaurants 13 6,400 71129 - Other engineering activities 12 3,763 7487 - Other business activities 12 10,703 43220 - Plumbing, heat and air-conditioning installation 12 4,045
Recent Companies
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Randomly selected companies from this quarter
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