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

  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 (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.

    YearWorthingUK
    2012780491,893
    2011680452,870
    2010668400,358
    2009617362,675
    2008610349,203
    Record Year2003 (807)2012 (491,893)
    New Companies by Year
  2. 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)WorthingUK
    2012380238,743
    2011331224,135
    % change14.8%6.5%
    Record Year2012 (380)2012 (238,743)
    New Companies by Half Year
  3. 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)WorthingUK
    2012201119,875
    2011140109,623
    % change43.6%9.4%
    Record Year 2012 (201) 2012 (119,875)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2012877044
    New companies in 2011534245
    % change64.2%66.7%-2.2%
    Record Year2012 (87)2002 (73)2002 (52)

Closed Companies (dissolved)

  1. 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.

    YearWorthingUK
    2012527293,728
    2011568314,524
    2010603342,233
    2009709533,787
    2008384237,873
    Record Year2009 (709)2009 (533,787)
    Dissolved Companies by Year
  2. 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)WorthingUK
    2012253145,934
    2011311152,213
    % change-18.6%-4.1%
    Record Year2009 (341)2009 (244,543)
    Dissolved Companies by Half Year
  3. 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)WorthingUK
    201211970,026
    201117379,983
    % change-31.2%-12.4%
    Record Year 2011 (173) 2009 (85,139)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2012723314
    Closed companies in 2011327566
    % change125.0%-56.0%-79%
    Record Year2012 (72)2011 (75)2011 (66)

Net Company Growth

  1. 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.

    YearWorthingUK
    2012253198,165
    2011112138,346
    20106558,125
    2009-92-171,112
    2008226111,330
    Record Year2003 (459)2003 (242,541)
    Net Growth by Year
  2. 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)WorthingUK
    201212792,809
    20112071,922
    Record Year2003 (210)2003 (117,772)
    Net Growth by Half Year
  3. 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)WorthingUK
    20128249,849
    2011-3329,640
    Record Year 2002 (111) 2003 (57,175)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2012153730
    Net growth in 201121-33-21
    Record Year2003 (54)2002 (47)2012 (30)

UK Company Share

  1. 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.

    YearWorthing
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960)1961 (0.4%)
    Company Share by Year
  2. 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
    20120.2%
    20110.1%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960) 1961 (0.4%)
    Company Share by Half Year
  3. 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
    20120.2%
    20110.1%
    20100.1%
    20090.2%
    20080.2%
    Record Year (since 1960) 1961 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.2%0.2%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change37.9%58.5%-4.8%
    Record Year1968 (0.4%)1968 (0.7%)1965 (0.8%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    SUSSEX1.16%CONSULTING5.15%
    DESIGN1.08%MANAGEMENT4.78%
    MEDIA0.93%CONSULTANCY3.31%
    CONSULTING0.93%PROPERTY2.40%
    MANAGEMENT0.85%TRADING2.03%
    HOLDINGS0.77%DESIGN1.86%
    HOUSE0.77%ASSOCIATES1.82%
    ELECTRICAL0.77%ENGINEERING1.79%
    ROAD0.77%BUSINESS1.76%
    WORTHING0.77%CONSULTANTS1.75%
    CONSULTANTS0.70%CONSTRUCTION1.69%
    IT0.62%LONDON1.69%
    ENGINEERING0.62%MEDIA1.69%
    CARE0.62%GLOBAL1.59%
    BUILDING0.62%J1.57%
    PROPERTY0.54%INVESTMENTS1.46%
    S0.54%IT1.43%
    (WORTHING)0.54%CARE1.39%
    CONSULTANCY0.46%PROPERTIES1.34%
    (SUSSEX)0.46%M1.26%
    CONSTRUCTION0.46%BUILDING1.23%
    ENTERPRISES0.46%ENTERPRISES1.21%
    MARLIN0.46%TRAINING1.18%
    TRAINING0.46%ELECTRICAL1.17%
    KITCHEN0.39%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied307236,139
    82990 - Other business support service activities not elsewhere classified9952,427
    99999 - Dormant Company7340,648
    70229 - Management consultancy activities other than financial management4030,396
    62020 - Information technology consultancy activities3923,256
    86900 - Other human health activities307,866
    96090 - Other service activities not elsewhere classified2922,058
    74990 - Non-trading company2413,808
    62090 - Other information technology service activities2312,291
    41100 - Development of building projects197,980
    43999 - Other specialised construction activities not elsewhere classified196,419
    43210 - Electrical installation195,304
    43390 - Other building completion and finishing144,882
    74909 - Other professional, scientific and technical activities not elsewhere classified1415,572
    62012 - Business and domestic software development147,446
    98000 - Residents property management144,377
    56101 - Licensed restaurants136,400
    71129 - Other engineering activities123,763
    7487 - Other business activities1210,703
    43220 - Plumbing, heat and air-conditioning installation124,045

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08277242 JUMPSTARTER LIMITED 01 Nov 2012
    08277664 SUSSEX BOOKKEEPING SERVICES LTD 01 Nov 2012
    OC379887 PORTLAND FIRST LLP 02 Nov 2012
    08282618 TENTE LIMITED 06 Nov 2012
    08285303 JACQUELINE KEARNON LTD 07 Nov 2012
    08287064 APPLETREE HOUSE CARE HOME LIMITED 08 Nov 2012
    08289876 FACELIFT KITCHENS & DOORS LIMITED 12 Nov 2012
    08295013 KARRIKINS GROUP LIMITED 15 Nov 2012
    08297818 PINK LEMON DESIGN CO. LTD. 19 Nov 2012
    08300689 WHAT TO BUY AND WHERE LIMITED 20 Nov 2012
    08304153 W S BUILDING CONTRACTORS (SOUTH COAST) LTD 22 Nov 2012
    08304818 FORWARD HORTICULTURE CONSULTING LIMITED 22 Nov 2012
    08305893 MPM INTERIOR SOLUTIONS LIMITED 23 Nov 2012
    08308293 LEEN CONSULTING LIMITED 27 Nov 2012
    08313917 SWIFTOPS LIMITED 30 Nov 2012
    08314911 TANDYUK SERVERS LIMITED 30 Nov 2012
    08280269 QUALITY FISH AND CHIPS (HAILSHAM) LIMITED 05 Nov 2012
    OC380189 NOVAFORTE PUBLISHING LLP 14 Nov 2012
    08284761 PHARMA BOTANICA UK LIMITED 07 Nov 2012
    08306139 ST GEORGES GARDENS (WORTHING) FREEHOLD LTD 23 Nov 2012
    08309143 ROSIE'S CAKE ARTISTRY LIMITED 27 Nov 2012
    08311531 EXTREMEVISION360 LTD 28 Nov 2012
    OC380425 ELITE WILLS & ESTATE PLANNING LLP 21 Nov 2012
    08305843 FINDONS FINEST LIMITED 23 Nov 2012
    08307328 EQUIPRO LTD 26 Nov 2012