Worthing, West Sussex
Q3 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
- September 2013 saw a new record in company registrations in Worthing when compared to any previous September.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 194 companies were registered in Worthing during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 8.4% versus the same period last year (Q3 2012). This figure compares equally to the UK as a whole, which saw an increase of 11.6% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Worthing UK 2013 194 132,684 2012 179 118,868 % change 8.4% 11.6% Record Year 2007 (199) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
September 2013 saw a new record in company registrations in Worthing when compared to any previous September.
New Companies by Month
July August September New companies in 2013 75 46 73 New companies in 2012 61 63 55 % change 23.0% -27.0% 32.7% Record Year 2007 (91) 2012 (63) 2013 (73)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 143 companies were dissolved in Worthing during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 6.7% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Worthing UK 2013 143 86,170 2012 134 75,908 % change 6.7% 13.5% Record Year 2009 (195) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Dissolved Companies by Month
July August September Closed companies in 2013 49 41 53 Closed companies in 2012 41 55 38 % change 19.5% -25.5% 39% Record Year 2009 (55) 2008 (99) 2009 (84)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2013)
Net company growth for Worthing during the third quarter of 2013 (Jul 2013 - Sep 2013) was 51 companies.
third quarter (Jul 2013 - Sep 2013) Worthing UK 2013 51 46,514 2012 45 42,960 Record Year 2007 (106) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Net Growth by Month
July August September Net growth in 2013 26 5 20 Net growth in 2012 20 8 17 Record Year 2007 (53) 2003 (40) 2002 (45)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2013)
In the third quarter of 2013, Worthing formed 0.1% of all UK companies.
third quarter (Jul 2013 - Sep 2013) Worthing 2013 0.1% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 1997 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.2% 0.1% 0.2% UK formation share in 2012 0.1% 0.2% 0.1% % change 10.0% -33.0% 16.4% Record Year 1995 (0.4%) 1990 (0.3%) 1977 (0.5%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2013)
The average age of a director in the third quarter of 2013 was 45.9.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2013)
The record third quarter for female directors in Worthing was in 2004 when 35.0% of all directors were female.
32.3% of all director appointments in Worthing in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage SUSSEX 1.17% CONSULTING 5.27% CONSULTING 1.17% MANAGEMENT 4.75% MANAGEMENT 1.10% CONSULTANCY 3.45% CARE 1.03% PROPERTY 2.53% WORTHING 0.95% TRADING 2.08% PROPERTY 0.81% ENGINEERING 1.83% DESIGN 0.81% LONDON 1.79% MARLIN 0.73% DESIGN 1.78% DEVELOPMENTS 0.66% BUSINESS 1.74% EUROPE 0.66% CONSTRUCTION 1.70% CONSULTANCY 0.66% CONSULTANTS 1.69% BUSINESS 0.66% CARE 1.64% (SUSSEX) 0.66% ASSOCIATES 1.61% J 0.66% GLOBAL 1.59% CONSULTANTS 0.59% J 1.54% CONSTRUCTION 0.59% MEDIA 1.54% HOLDINGS 0.51% INVESTMENTS 1.53% ENGINEERING 0.51% PROPERTIES 1.45% S 0.51% IT 1.39% IT 0.51% M 1.25% ROAD 0.44% ELECTRICAL 1.20% ELECTRICAL 0.44% BUILDING 1.19% INVESTMENT 0.44% CAPITAL 1.19% HOUSE 0.44% DEVELOPMENTS 1.16% T 0.44% TRAINING 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 295 260,135 99999 - Dormant Company 87 46,169 82990 - Other business support service activities not elsewhere classified 76 54,854 70229 - Management consultancy activities other than financial management 52 34,970 62020 - Information technology consultancy activities 46 26,675 96090 - Other service activities not elsewhere classified 37 25,547 86900 - Other human health activities 29 9,203 62090 - Other information technology service activities 27 12,516 43210 - Electrical installation 26 5,724 41100 - Development of building projects 20 9,271 74909 - Other professional, scientific and technical activities not elsewhere classified 20 17,715 43999 - Other specialised construction activities not elsewhere classified 19 7,590 74990 - Non-trading company 18 14,228 98000 - Residents property management 18 4,680 56101 - Licensed restaurants 16 7,531 62012 - Business and domestic software development 16 9,104 47910 - Retail sale via mail order houses or via Internet 16 8,475 43290 - Other construction installation 14 3,158 41202 - Construction of domestic buildings 14 6,039 43390 - Other building completion and finishing 14 5,382
Recent Companies
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Randomly selected companies from this quarter
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