Worthing, West Sussex
Q1 2013 Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- February 2013 saw a new record in company registrations in Worthing when compared to any previous February.
- January 2013 saw a new record in company registrations in Worthing when compared to any previous January.
- January 2013 saw a new record in company closures in Worthing when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 214 companies were registered in Worthing during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 13.2% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 2.5% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Worthing UK 2013 214 134,802 2012 189 131,491 % change 13.2% 2.5% Record Year 2007 (216) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
February 2013 saw a new record in company registrations in Worthing when compared to any previous February.
January 2013 saw a new record in company registrations in Worthing when compared to any previous January.
New Companies by Month
January February March New companies in 2013 67 78 69 New companies in 2012 57 70 62 % change 17.5% 11.4% 11.3% Record Year 2013 (67) 2013 (78) 2007 (101)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 143 companies were dissolved in Worthing during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 13.5% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Worthing UK 2013 143 77,914 2012 126 67,576 % change 13.5% 15.3% Record Year 2009 (162) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
January 2013 saw a new record in company closures in Worthing when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2013 64 38 41 Closed companies in 2012 42 49 35 % change 52.4% -22.4% 17% Record Year 2013 (64) 2010 (51) 2009 (97)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2013)
Net company growth for Worthing during the first quarter of 2013 (Jan 2013 - Mar 2013) was 71 companies.
first quarter (Jan 2013 - Mar 2013) Worthing UK 2013 71 56,888 2012 63 63,915 Record Year 2008 (126) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Net Growth by Month
January February March Net growth in 2013 3 40 28 Net growth in 2012 15 21 27 Record Year 2008 (44) 2003 (43) 2007 (64)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2013)
In the first quarter of 2013, Worthing formed 0.2% of all UK companies.
first quarter (Jan 2013 - Mar 2013) Worthing 2013 0.2% 2012 0.1% 2011 0.1% 2010 0.2% 2009 0.2% Record Year (since 1960) 1995 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
January February March UK formation share in 2013 0.2% 0.2% 0.1% UK formation share in 2012 0.1% 0.2% 0.1% % change 5.3% 10.6% 15.1% Record Year 1991 (0.4%) 2001 (0.3%) 1995 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2013)
The average age of a director in the first quarter of 2013 was 50.4.
The percentage of directors under the age of 25 was 14.8% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 0.7% compared to the UK figure of 1.8%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2013)
The record first quarter for female directors in Worthing was in 2006 when 36.7% of all directors were female.
30.2% of all director appointments in Worthing in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.21% CONSULTING 5.18% SUSSEX 1.14% MANAGEMENT 4.78% CARE 1.06% CONSULTANCY 3.30% HOLDINGS 0.83% PROPERTY 2.44% MANAGEMENT 0.83% TRADING 2.06% M 0.76% DESIGN 1.79% ENGINEERING 0.76% ENGINEERING 1.78% ELECTRICAL 0.68% BUSINESS 1.77% MEDIA 0.68% ASSOCIATES 1.75% PROPERTY 0.68% LONDON 1.72% DESIGN 0.68% CONSULTANTS 1.71% (SUSSEX) 0.68% CONSTRUCTION 1.69% WORTHING 0.68% MEDIA 1.63% ROAD 0.68% GLOBAL 1.57% IT 0.68% J 1.56% HOUSE 0.61% CARE 1.46% BUILDING 0.61% IT 1.43% CONSULTANCY 0.53% INVESTMENTS 1.41% CONSULTANTS 0.53% PROPERTIES 1.36% MARLIN 0.53% M 1.25% (WORTHING) 0.45% BUILDING 1.21% PRODUCTIONS 0.45% ENTERPRISES 1.19% S 0.45% ELECTRICAL 1.18% HOME 0.45% TRAINING 1.17% DEVELOPMENTS 0.45% SECURITY 1.15%
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 318 249,183 82990 - Other business support service activities not elsewhere classified 91 54,531 99999 - Dormant Company 77 43,384 62020 - Information technology consultancy activities 48 24,894 70229 - Management consultancy activities other than financial management 44 32,624 96090 - Other service activities not elsewhere classified 31 23,532 86900 - Other human health activities 30 8,465 62090 - Other information technology service activities 24 12,664 74909 - Other professional, scientific and technical activities not elsewhere classified 21 16,448 43999 - Other specialised construction activities not elsewhere classified 20 6,954 74990 - Non-trading company 20 14,129 41100 - Development of building projects 20 8,637 43210 - Electrical installation 20 5,625 62012 - Business and domestic software development 17 8,099 98000 - Residents property management 15 4,579 56101 - Licensed restaurants 15 6,894 71129 - Other engineering activities 13 4,226 43390 - Other building completion and finishing 13 5,145 41202 - Construction of domestic buildings 13 5,372 68209 - Other letting and operating of own or leased real estate 12 7,507
Recent Companies
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Randomly selected companies from this quarter
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