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

  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 (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)WorthingUK
    2013194132,684
    2012179118,868
    % change8.4%11.6%
    Record Year 2007 (199) 2013 (132,684)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2013754673
    New companies in 2012616355
    % change23.0%-27.0%32.7%
    Record Year2007 (91)2012 (63)2013 (73)

Closed Companies (dissolved)

  1. 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)WorthingUK
    201314386,170
    201213475,908
    % change6.7%13.5%
    Record Year 2009 (195) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2013494153
    Closed companies in 2012415538
    % change19.5%-25.5%39%
    Record Year2009 (55)2008 (99)2009 (84)

Net Company Growth

  1. 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)WorthingUK
    20135146,514
    20124542,960
    Record Year 2007 (106) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201326520
    Net growth in 201220817
    Record Year2007 (53)2003 (40)2002 (45)

UK Company Share

  1. 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
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 1997 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.2%0.1%0.2%
    UK formation share in 20120.1%0.2%0.1%
    % change10.0%-33.0%16.4%
    Record Year1995 (0.4%)1990 (0.3%)1977 (0.5%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    SUSSEX1.17%CONSULTING5.27%
    CONSULTING1.17%MANAGEMENT4.75%
    MANAGEMENT1.10%CONSULTANCY3.45%
    CARE1.03%PROPERTY2.53%
    WORTHING0.95%TRADING2.08%
    PROPERTY0.81%ENGINEERING1.83%
    DESIGN0.81%LONDON1.79%
    MARLIN0.73%DESIGN1.78%
    DEVELOPMENTS0.66%BUSINESS1.74%
    EUROPE0.66%CONSTRUCTION1.70%
    CONSULTANCY0.66%CONSULTANTS1.69%
    BUSINESS0.66%CARE1.64%
    (SUSSEX)0.66%ASSOCIATES1.61%
    J0.66%GLOBAL1.59%
    CONSULTANTS0.59%J1.54%
    CONSTRUCTION0.59%MEDIA1.54%
    HOLDINGS0.51%INVESTMENTS1.53%
    ENGINEERING0.51%PROPERTIES1.45%
    S0.51%IT1.39%
    IT0.51%M1.25%
    ROAD0.44%ELECTRICAL1.20%
    ELECTRICAL0.44%BUILDING1.19%
    INVESTMENT0.44%CAPITAL1.19%
    HOUSE0.44%DEVELOPMENTS1.16%
    T0.44%TRAINING1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied295260,135
    99999 - Dormant Company8746,169
    82990 - Other business support service activities not elsewhere classified7654,854
    70229 - Management consultancy activities other than financial management5234,970
    62020 - Information technology consultancy activities4626,675
    96090 - Other service activities not elsewhere classified3725,547
    86900 - Other human health activities299,203
    62090 - Other information technology service activities2712,516
    43210 - Electrical installation265,724
    41100 - Development of building projects209,271
    74909 - Other professional, scientific and technical activities not elsewhere classified2017,715
    43999 - Other specialised construction activities not elsewhere classified197,590
    74990 - Non-trading company1814,228
    98000 - Residents property management184,680
    56101 - Licensed restaurants167,531
    62012 - Business and domestic software development169,104
    47910 - Retail sale via mail order houses or via Internet168,475
    43290 - Other construction installation143,158
    41202 - Construction of domestic buildings146,039
    43390 - Other building completion and finishing145,382

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08672503 136 HEENE ROAD WORTHING LIMITED 02 Sep 2013
    08676465 CHALLENGER CONSTRUCTION LIMITED 04 Sep 2013
    08676474 CHALLENGER PLUMBING AND HEATING LIMITED 04 Sep 2013
    08683119 EVOLUTI GROUP (UK) LIMITED 09 Sep 2013
    08683185 EVOLUTI AUTOMOTIVE LIMITED 09 Sep 2013
    08683312 SMART PERFORMANCE (UK) LIMITED 10 Sep 2013
    08696861 EHUD LIMITED 19 Sep 2013
    08704042 LOVE STATIONERY LTD 24 Sep 2013
    08705846 LYDIA FRANKLINOS LOCUM SERVICES LTD 25 Sep 2013
    08707879 KAUFFMANN ENTERPRISES LIMITED 26 Sep 2013
    08711025 9-12 MIDDLE ST LIMITED 30 Sep 2013
    08672644 FERRING FOOT CLINIC. PODIATRY & CHIROPODY LTD 02 Sep 2013
    08708594 R F CHRISTIAN LIMITED 27 Sep 2013
    08697896 STORY DESIGNS LIMITED 19 Sep 2013
    08699398 HOTEL VIDEO PRODUCTION LTD 20 Sep 2013
    08705093 A BIT ON THE SIDE SOUTHERN LIMITED 25 Sep 2013
    08711695 NATIONAL TUBE STRAIGHTENING SERVICE LTD 30 Sep 2013
    08672588 AFFORDABLE LOFTS LIMITED 02 Sep 2013
    08680890 TIPZ AND GLITZ LIMITED 06 Sep 2013
    08687038 MORTAR PROPERTY INVESTMENT LIMITED 12 Sep 2013
    08690341 NICKY HOYLE LIMITED 13 Sep 2013
    08690785 OK OKI LIMITED 16 Sep 2013
    08691193 JC&AGBUILDERS LIMITED 16 Sep 2013
    08708613 RHYTHMPOINT LIMITED 27 Sep 2013
    08709416 WORTHING SUNSHINE RADIO COMMUNITY INTEREST COMPANY 27 Sep 2013