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

  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. 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)WorthingUK
    2013214134,802
    2012189131,491
    % change13.2%2.5%
    Record Year 2007 (216) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2013677869
    New companies in 2012577062
    % change17.5%11.4%11.3%
    Record Year2013 (67)2013 (78)2007 (101)

Closed Companies (dissolved)

  1. 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)WorthingUK
    201314377,914
    201212667,576
    % change13.5%15.3%
    Record Year 2009 (162) 2009 (108,066)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2013643841
    Closed companies in 2012424935
    % change52.4%-22.4%17%
    Record Year2013 (64)2010 (51)2009 (97)

Net Company Growth

  1. 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)WorthingUK
    20137156,888
    20126363,915
    Record Year 2008 (126) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201334028
    Net growth in 2012152127
    Record Year2008 (44)2003 (43)2007 (64)

UK Company Share

  1. 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
    20130.2%
    20120.1%
    20110.1%
    20100.2%
    20090.2%
    Record Year (since 1960) 1995 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.2%0.2%0.1%
    UK formation share in 20120.1%0.2%0.1%
    % change5.3%10.6%15.1%
    Record Year1991 (0.4%)2001 (0.3%)1995 (0.3%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING1.21%CONSULTING5.18%
    SUSSEX1.14%MANAGEMENT4.78%
    CARE1.06%CONSULTANCY3.30%
    HOLDINGS0.83%PROPERTY2.44%
    MANAGEMENT0.83%TRADING2.06%
    M0.76%DESIGN1.79%
    ENGINEERING0.76%ENGINEERING1.78%
    ELECTRICAL0.68%BUSINESS1.77%
    MEDIA0.68%ASSOCIATES1.75%
    PROPERTY0.68%LONDON1.72%
    DESIGN0.68%CONSULTANTS1.71%
    (SUSSEX)0.68%CONSTRUCTION1.69%
    WORTHING0.68%MEDIA1.63%
    ROAD0.68%GLOBAL1.57%
    IT0.68%J1.56%
    HOUSE0.61%CARE1.46%
    BUILDING0.61%IT1.43%
    CONSULTANCY0.53%INVESTMENTS1.41%
    CONSULTANTS0.53%PROPERTIES1.36%
    MARLIN0.53%M1.25%
    (WORTHING)0.45%BUILDING1.21%
    PRODUCTIONS0.45%ENTERPRISES1.19%
    S0.45%ELECTRICAL1.18%
    HOME0.45%TRAINING1.17%
    DEVELOPMENTS0.45%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied318249,183
    82990 - Other business support service activities not elsewhere classified9154,531
    99999 - Dormant Company7743,384
    62020 - Information technology consultancy activities4824,894
    70229 - Management consultancy activities other than financial management4432,624
    96090 - Other service activities not elsewhere classified3123,532
    86900 - Other human health activities308,465
    62090 - Other information technology service activities2412,664
    74909 - Other professional, scientific and technical activities not elsewhere classified2116,448
    43999 - Other specialised construction activities not elsewhere classified206,954
    74990 - Non-trading company2014,129
    41100 - Development of building projects208,637
    43210 - Electrical installation205,625
    62012 - Business and domestic software development178,099
    98000 - Residents property management154,579
    56101 - Licensed restaurants156,894
    71129 - Other engineering activities134,226
    43390 - Other building completion and finishing135,145
    41202 - Construction of domestic buildings135,372
    68209 - Other letting and operating of own or leased real estate127,507

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08346057 INSPIRED HEALTH LIMITED 03 Jan 2013
    08346249 MARLIN FINANCIAL INTERMEDIATE II LIMITED 03 Jan 2013
    08350057 BARNEYS BAR LTD 07 Jan 2013
    08354307 H DOCKSEY (CRAYFORD) LIMITED 10 Jan 2013
    08355247 LOUISE O'NEILL LIMITED 10 Jan 2013
    08356271 SOUTH EAST OFFICE FURNITURE LTD 11 Jan 2013
    08356571 TWO WAY PRODUCTIONS LIMITED 11 Jan 2013
    08356647 MBTV LIMITED 11 Jan 2013
    08357664 COMPUFONE LTD 11 Jan 2013
    08361593 POINTLESSBLOG LIMITED 15 Jan 2013
    08365706 ANIMITSU LTD 18 Jan 2013
    08368650 A PERFECT SPACE LIMITED 21 Jan 2013
    08369237 SUSSEX DEFENCE SOLICITORS LTD 21 Jan 2013
    08372479 OT FACILITIES LTD 23 Jan 2013
    08374072 H&C FACILITIES & BUILDING SERVICES LIMITED 24 Jan 2013
    08376212 TOTAL INSULATION MATERIALS LIMITED 25 Jan 2013
    08380693 OCC CARPENTRY CONTRACTORS LIMITED 29 Jan 2013
    08381303 COOKSEY DIGITAL LIMITED 30 Jan 2013
    08382545 CARE ON CALL RECRUITMENT & MOBILITY LIMITED 31 Jan 2013
    08351886 PANDA MERCHANT SERVICES LIMITED 08 Jan 2013
    08364203 M SUTHERLAND CATERING LIMITED 17 Jan 2013
    08376736 CC HEATING AND PLUMBING LTD 28 Jan 2013
    08378719 SCOTT ASHLEY LIMITED 29 Jan 2013
    08381187 BOILER HOME CARE CLUB LIMITED 30 Jan 2013
    OC381383 AKS ONE LLP 07 Jan 2013