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
New Company Registrations
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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) Worthing UK 2013 422 269,432 2012 400 253,150 % change 5.5% 6.4% Record Year 2003 (428) 2007 (279,097) New Companies by Half Year
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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) Worthing UK 2013 208 134,630 2012 211 121,659 % change -1.4% 10.7% Record Year 2012 (211) 2013 (134,630) New Companies by Quarter
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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
April May June New companies in 2013 85 64 59 New companies in 2012 70 79 62 % change 21.4% -19.0% -4.8% Record Year 2013 (85) 2012 (79) 2003 (81)
Closed Companies (dissolved)
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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) Worthing UK 2013 286 155,192 2012 274 147,794 % change 4.4% 5.0% Record Year 2009 (368) 2009 (289,245) Dissolved Companies by Half Year
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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) Worthing UK 2013 143 77,278 2012 148 80,218 % change -3.4% -3.7% Record Year 2009 (206) 2009 (181,179) Dissolved Companies by Quarter
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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
April May June Closed companies in 2013 50 40 53 Closed companies in 2012 47 54 47 % change 6.4% -25.9% 13% Record Year 2013 (50) 2009 (113) 2010 (67)
Net Company Growth
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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) Worthing UK 2013 136 114,240 2012 126 105,356 Record Year 2003 (249) 2007 (171,296) Net Growth by Half Year
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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) Worthing UK 2013 65 57,352 2012 63 41,441 Record Year 2007 (125) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2013)
Net Growth by Month
April May June Net growth in 2013 35 24 6 Net growth in 2012 23 25 15 Record Year 2007 (63) 1999 (48) 2003 (61)
UK Company Share
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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 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 1998 (0.2%) Company Share by Half Year
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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 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 1997 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2013)
Company Share by Month
April May June UK formation share in 2013 0.2% 0.1% 0.1% UK formation share in 2012 0.2% 0.2% 0.2% % change 2.0% -21.3% -13.9% Record Year 1998 (0.2%) 1999 (0.3%) 1997 (0.3%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2012-Jun 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage SUSSEX 1.12% CONSULTING 5.25% MANAGEMENT 0.97% MANAGEMENT 4.80% CONSULTING 0.97% CONSULTANCY 3.41% CARE 0.97% PROPERTY 2.48% MARLIN 0.82% TRADING 2.05% DESIGN 0.82% ENGINEERING 1.81% WORTHING 0.75% DESIGN 1.79% HOLDINGS 0.67% LONDON 1.77% CONSULTANCY 0.67% BUSINESS 1.77% (SUSSEX) 0.60% CONSULTANTS 1.68% J 0.60% CONSTRUCTION 1.68% IT 0.60% ASSOCIATES 1.67% EUROPE 0.60% GLOBAL 1.59% M 0.52% MEDIA 1.57% PROPERTY 0.52% CARE 1.55% CONSTRUCTION 0.52% J 1.53% DEVELOPMENTS 0.52% INVESTMENTS 1.46% ELECTRICAL 0.45% IT 1.40% (WORTHING) 0.45% PROPERTIES 1.40% MEDIA 0.45% M 1.26% TRAINING 0.45% BUILDING 1.22% BUSINESS 0.45% ELECTRICAL 1.19% BUILDING 0.45% ENTERPRISES 1.18% PRODUCTIONS 0.45% CAPITAL 1.16% ENGINEERING 0.45% TRAINING 1.16%
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 331 257,517 99999 - Dormant Company 84 44,817 82990 - Other business support service activities not elsewhere classified 81 54,555 62020 - Information technology consultancy activities 47 25,583 70229 - Management consultancy activities other than financial management 46 33,633 96090 - Other service activities not elsewhere classified 34 24,324 86900 - Other human health activities 31 8,687 62090 - Other information technology service activities 25 12,578 43210 - Electrical installation 24 5,611 74909 - Other professional, scientific and technical activities not elsewhere classified 21 17,095 41100 - Development of building projects 21 8,876 43999 - Other specialised construction activities not elsewhere classified 20 7,212 62012 - Business and domestic software development 19 8,590 74990 - Non-trading company 17 14,303 98000 - Residents property management 16 4,626 56101 - Licensed restaurants 15 7,148 47910 - Retail sale via mail order houses or via Internet 14 7,793 43390 - Other building completion and finishing 14 5,253 41202 - Construction of domestic buildings 13 5,665 43220 - Plumbing, heat and air-conditioning installation 13 4,452
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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