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
    08391685 WE MORTGAGE ANYTHING LIMITED 06 Feb 2013
    08394079 CLIFTON FISH & CHIPS AND KEBAB RESTAURANT LIMITED 07 Feb 2013
    08404298 MOBBILL (UK) LIMITED 14 Feb 2013
    08405671 SQUAREGATE LIMITED 15 Feb 2013
    08408061 TALISMAN SEVEN LIMITED 18 Feb 2013
    08411334 SUGARLOAF INNS LIMITED 20 Feb 2013
    08411903 MOBSTUFF GLOBAL LIMITED 20 Feb 2013
    08412296 ONEVIA ENGINEERING LIMITED 20 Feb 2013
    08415556 WORTHING ELECTRICAL LIMITED 22 Feb 2013
    08419126 GEORGIANA DAMIAN SERVICES LIMITED 26 Feb 2013
    08420904 LEBANESE FOOD COMPANY LIMITED 26 Feb 2013
    08398811 LAWSAT PHARM LTD 12 Feb 2013
    08407018 THE GOURMET CHEF LTD 18 Feb 2013
    08417534 MARINE AND PNEUMATICS LIMITED 25 Feb 2013
    08418708 ATTIVO MAINTENANCE LIMITED 25 Feb 2013
    08384606 KLAPA LIMITED 01 Feb 2013
    08387755 GREEN KINGDOM CONSULTING LIMITED 04 Feb 2013
    08389116 CRIB PROPERTY MANAGEMENT LIMITED 05 Feb 2013
    08400818 SERIOUS COMMUNICATIONS LIMITED 13 Feb 2013
    08421629 ASIA VILLAGE LIMITED 27 Feb 2013
    08397663 HANIN TRADING LIMITED 11 Feb 2013
    08400272 M & M FOODSERVICE LIMITED 13 Feb 2013
    08403207 MANTA 2 LIMITED 14 Feb 2013
    08409787 SUBS BUDDY LTD 19 Feb 2013
    08410545 BESPOKE GLASS & DOUBLE GLAZING LIMITED 19 Feb 2013