Worthing, West Sussex

2013 Half Year 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

  • April 2013 saw a new record in company registrations in Worthing when compared to any previous April.
  • April 2013 saw a new record in company closures in Worthing when compared to any previous April.

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. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 422 companies were formed in Worthing. This figure is 5.5% higher than last year, which compares badly to the UK wide figure of 6.4%.

    The highest total for a first half year in Worthing occurred in 2003 when a total of 428 were formed.

    Half Year (Jan-Jun)WorthingUK
    2013422269,432
    2012400253,150
    % change5.5%6.4%
    Record Year2003 (428)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 208 companies were registered in Worthing during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 1.4% versus the same period last year (Q2 2012). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)WorthingUK
    2013208134,630
    2012211121,659
    % change-1.4%10.7%
    Record Year 2012 (211) 2013 (134,630)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    April 2013 saw a new record in company registrations in Worthing when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2013856459
    New companies in 2012707962
    % change21.4%-19.0%-4.8%
    Record Year2013 (85)2012 (79)2003 (81)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 286 companies were dissolved in Worthing. This figure is 4.4% higher than last year, which compares well to the UK wide change of 5.0%.

    The highest total for a first half year in Worthing occurred in 2009 when a total of 368 were closed.

    Half Year (Jan-Jun)WorthingUK
    2013286155,192
    2012274147,794
    % change4.4%5.0%
    Record Year2009 (368)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 143 companies were dissolved in Worthing during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 3.4% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)WorthingUK
    201314377,278
    201214880,218
    % change-3.4%-3.7%
    Record Year 2009 (206) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    April 2013 saw a new record in company closures in Worthing when compared to any previous April.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2013504053
    Closed companies in 2012475447
    % change6.4%-25.9%13%
    Record Year2013 (50)2009 (113)2010 (67)

Net Company Growth

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 the company register for Worthing increased by 136 companies.

    Half Year (Jan-Jun)WorthingUK
    2013136114,240
    2012126105,356
    Record Year2003 (249)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Net company growth for Worthing during the second quarter of 2013 (Apr 2013 - Jun 2013) was 65 companies.

    second quarter (Apr 2013 - Jun 2013)WorthingUK
    20136557,352
    20126341,441
    Record Year 2007 (125) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Net Growth by Month
    AprilMayJune
    Net growth in 201335246
    Net growth in 2012232515
    Record Year2007 (63)1999 (48)2003 (61)

UK Company Share

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 Worthing formed 0.2% of all UK companies. This is the same as the 2012 figure of 0.2%.

    Half Year (Jan-Jun)Worthing
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 1998 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    In the second quarter of 2013, Worthing formed 0.2% of all UK companies.

    second quarter (Apr 2013 - Jun 2013)Worthing
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 1997 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 20130.2%0.1%0.1%
    UK formation share in 20120.2%0.2%0.2%
    % change2.0%-21.3%-13.9%
    Record Year1998 (0.2%)1999 (0.3%)1997 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2013)

    The average age of a director in the first half of 2013 was 47.2.

    The percentage of directors under the age of 25 was 8.4% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The average age of a director in the second quarter of 2013 was 46.2.

    The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.8%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2013)

    The record first half year for female directors in Worthing was 2006 when 33.9% of all directors were female.

    25.3% of all director appointments in Worthing in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The record second quarter for female directors in Worthing was in 2004 when 35.6% of all directors were female.

    23.9% of all director appointments in Worthing in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    SUSSEX1.12%CONSULTING5.25%
    MANAGEMENT0.97%MANAGEMENT4.80%
    CONSULTING0.97%CONSULTANCY3.41%
    CARE0.97%PROPERTY2.48%
    MARLIN0.82%TRADING2.05%
    DESIGN0.82%ENGINEERING1.81%
    WORTHING0.75%DESIGN1.79%
    HOLDINGS0.67%LONDON1.77%
    CONSULTANCY0.67%BUSINESS1.77%
    (SUSSEX)0.60%CONSULTANTS1.68%
    J0.60%CONSTRUCTION1.68%
    IT0.60%ASSOCIATES1.67%
    EUROPE0.60%GLOBAL1.59%
    M0.52%MEDIA1.57%
    PROPERTY0.52%CARE1.55%
    CONSTRUCTION0.52%J1.53%
    DEVELOPMENTS0.52%INVESTMENTS1.46%
    ELECTRICAL0.45%IT1.40%
    (WORTHING)0.45%PROPERTIES1.40%
    MEDIA0.45%M1.26%
    TRAINING0.45%BUILDING1.22%
    BUSINESS0.45%ELECTRICAL1.19%
    BUILDING0.45%ENTERPRISES1.18%
    PRODUCTIONS0.45%CAPITAL1.16%
    ENGINEERING0.45%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied331257,517
    99999 - Dormant Company8444,817
    82990 - Other business support service activities not elsewhere classified8154,555
    62020 - Information technology consultancy activities4725,583
    70229 - Management consultancy activities other than financial management4633,633
    96090 - Other service activities not elsewhere classified3424,324
    86900 - Other human health activities318,687
    62090 - Other information technology service activities2512,578
    43210 - Electrical installation245,611
    74909 - Other professional, scientific and technical activities not elsewhere classified2117,095
    41100 - Development of building projects218,876
    43999 - Other specialised construction activities not elsewhere classified207,212
    62012 - Business and domestic software development198,590
    74990 - Non-trading company1714,303
    98000 - Residents property management164,626
    56101 - Licensed restaurants157,148
    47910 - Retail sale via mail order houses or via Internet147,793
    43390 - Other building completion and finishing145,253
    41202 - Construction of domestic buildings135,665
    43220 - Plumbing, heat and air-conditioning installation134,452

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08514425 DOE CLOTHING LIMITED 02 May 2013
    08514645 CURVA DESIGN LIMITED 02 May 2013
    08515977 MARMALADE HOSPITALITY LIMITED 03 May 2013
    OC384979 THATCHER HOBBS LANGRIDGE LLP 08 May 2013
    08522016 WOJKI C&B LTD 09 May 2013
    08523617 GALACTIC LIGHT LIMITED 10 May 2013
    08530376 KATAPULT CONSULTING LIMITED 15 May 2013
    08531595 V&J RECRUITMENT LTD 16 May 2013
    08542677 BEECH GARDENS WORTHING LIMITED 23 May 2013
    08542702 THE GURNEY FUND 23 May 2013
    08543032 TEACH ME KUNG FU LIMITED 23 May 2013
    08546760 L AND J FIRE PROTECTION LTD 28 May 2013
    08534795 HR BATH LIMITED 17 May 2013
    08538447 A BRIGHTER OUTLOOK LIMITED 21 May 2013
    08519562 KNIGHT TOOLS LIMITED 08 May 2013
    08535947 OBYQUITY LTD 20 May 2013
    08550849 TWIN RESOURCES LTD 30 May 2013
    08519079 WILL WRITING SERVICE WORTHING LIMITED 07 May 2013
    08520841 ARTAUTHENTICS.BIZ LIMITED 08 May 2013
    08529252 BACKWARD KIDS LTD. 14 May 2013
    08537705 NRGFIELDS LIMITED 21 May 2013
    08538061 EASYNCR LTD 21 May 2013
    08539796 INTERNET E PARCELS LIMITED 22 May 2013
    08547122 SEVENTEEN HR LIMITED 29 May 2013
    08549164 SPC CONSTRUCTION (SUSSEX) LIMITED 30 May 2013