Worthing, West Sussex

2013 Annual 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

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

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. Annual Data (2013)

    A total of 789 companies were formed in Worthing in 2013. This total is 1.2% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearWorthingUK
    2013789529,363
    2012780491,893
    2011680452,870
    2010668400,358
    2009617362,675
    Record Year2013 (789)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 367 companies were formed in Worthing. This figure is 3.4% lower than last year, which compares badly to the UK wide figure of 8.9%.

    The highest total for a second half year in Worthing occurred in 2012 when a total of 380 were formed.

    Half Year (Jul-Dec)WorthingUK
    2013367259,931
    2012380238,743
    % change-3.4%8.9%
    Record Year2012 (380)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 173 companies were registered in Worthing during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is a decrease of 13.9% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)WorthingUK
    2013173127,247
    2012201119,875
    % change-13.9%6.1%
    Record Year 2012 (201) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013705053
    New companies in 2012877044
    % change-19.5%-28.6%20.5%
    Record Year2012 (87)2002 (73)2013 (53)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 569 companies were dissolved in Worthing in 2013. This total is 8.0% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearWorthingUK
    2013569332,213
    2012527293,729
    2011568314,524
    2010603342,233
    2009709533,789
    Record Year2009 (709)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 283 companies were dissolved in Worthing. This figure is 11.9% higher than last year, which compares well to the UK wide change of 21.3%.

    The highest total for a second half year in Worthing occurred in 2009 when a total of 341 were closed.

    Half Year (Jul-Dec)WorthingUK
    2013283177,021
    2012253145,935
    % change11.9%21.3%
    Record Year2009 (341)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 140 companies were dissolved in Worthing during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 17.6% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)WorthingUK
    201314090,851
    201211970,027
    % change17.6%29.7%
    Record Year 2011 (173) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013504545
    Closed companies in 2012723314
    % change-30.6%36.4%221%
    Record Year2012 (72)2011 (75)2011 (66)

Net Company Growth

  1. Annual Data (2013)

    A total of 220 companies were added to the company register for Worthing in 2013. This number represents growth of 27.9% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 33 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Worthing company register grew by 400 companies.

    YearWorthingUK
    2013220197,150
    2012253198,164
    2011112138,346
    20106558,125
    2009-92-171,114
    Record Year2007 (400)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Worthing increased by 84 companies.

    Half Year (Jul-Dec)WorthingUK
    20138482,910
    201212792,808
    Record Year2002 (210)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Worthing during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 33 companies.

    fourth quarter (Oct 2013 - Dec 2013)WorthingUK
    20133336,396
    20128249,848
    Record Year 2006 (83) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20132058
    Net growth in 2012153730
    Record Year2003 (54)2002 (47)2012 (30)

UK Company Share

  1. Annual Data (2013)

    In 2013 Worthing formed 0.1% of all UK companies. This is a decline on 2012 when Worthing was responsible for 0.2% of all UK companies.

    YearWorthing
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960)1998 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Worthing formed 0.1% of all UK companies. This is less than the 2012 figure of 0.2%.

    Half Year (Jul-Dec)Worthing
    20130.1%
    20120.2%
    20110.1%
    20100.2%
    20090.2%
    Record Year (since 1960) 1999 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Worthing formed 0.1% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Worthing
    20130.1%
    20120.2%
    20110.1%
    20100.1%
    20090.2%
    Record Year (since 1960) 2002 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.1%0.1%0.2%
    UK formation share in 20120.2%0.2%0.1%
    % change-25.2%-29.8%9.5%
    Record Year1996 (0.3%)1989 (0.3%)1990 (0.4%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 46.7.

    The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 46.3.

    The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 46.7.

    The percentage of directors under the age of 25 was 7.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Worthing was 1984 when 100.0% of all directors were female.

    The percentage of female directors in Worthing in 2013 was 27.9%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Worthing was 2006 when 33.5% of all directors were female.

    30.0% of all director appointments in Worthing in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Worthing was in 2006 when 36.5% of all directors were female.

    27.3% of all director appointments in Worthing in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.68%CONSULTING5.22%
    MANAGEMENT1.45%MANAGEMENT4.72%
    SUSSEX1.15%CONSULTANCY3.45%
    PROPERTY1.15%PROPERTY2.59%
    WORTHING0.92%TRADING2.08%
    CARE0.92%ENGINEERING1.87%
    (SUSSEX)0.84%LONDON1.86%
    CONSTRUCTION0.84%DESIGN1.76%
    DESIGN0.84%CONSTRUCTION1.73%
    J0.69%CARE1.73%
    CONSULTANTS0.61%BUSINESS1.71%
    BUSINESS0.61%CONSULTANTS1.68%
    CONSULTANCY0.61%GLOBAL1.58%
    PVP0.54%INVESTMENTS1.56%
    ELECTRICAL0.54%PROPERTIES1.54%
    ROAD0.54%ASSOCIATES1.53%
    INVESTMENT0.54%J1.51%
    RED0.54%MEDIA1.50%
    DEVELOPMENTS0.54%IT1.35%
    EUROPE0.54%DEVELOPMENTS1.23%
    GLOBAL0.46%M1.23%
    MARLIN0.46%BUILDING1.21%
    TRADING0.46%ELECTRICAL1.20%
    T0.46%CAPITAL1.19%
    ENGINEERING0.46%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied298266,814
    99999 - Dormant Company9646,762
    82990 - Other business support service activities not elsewhere classified8055,342
    70229 - Management consultancy activities other than financial management6136,164
    62020 - Information technology consultancy activities5027,183
    96090 - Other service activities not elsewhere classified3726,001
    86900 - Other human health activities309,543
    62090 - Other information technology service activities2812,511
    43210 - Electrical installation265,730
    74909 - Other professional, scientific and technical activities not elsewhere classified2318,034
    41100 - Development of building projects229,485
    43999 - Other specialised construction activities not elsewhere classified217,823
    98000 - Residents property management184,710
    74990 - Non-trading company1714,223
    47910 - Retail sale via mail order houses or via Internet178,879
    62012 - Business and domestic software development169,360
    41202 - Construction of domestic buildings156,191
    43220 - Plumbing, heat and air-conditioning installation144,687
    56101 - Licensed restaurants147,685
    74100 - specialised design activities144,309

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08717824 CIRCUSSEEN.ORG C.I.C. 03 Oct 2013
    08719944 ECOHEALTH EUROPE LIMITED 07 Oct 2013
    08721158 TOTALLY TIGER LTD. 07 Oct 2013
    08735109 WEST SUSSEX (GRP) SOLUTIONS LTD 16 Oct 2013
    08744912 DISASTER MANAGEMENT CONSULTING LIMITED 23 Oct 2013
    08744944 CALFREEZY LIMITED 23 Oct 2013
    08748663 VANDAY PROJECT CONSULTANCY LTD 25 Oct 2013
    08753045 3KNGS PROJECT SERVE LIMITED 29 Oct 2013
    08755816 PVP 138 LIMITED 31 Oct 2013
    08757101 PVP 161 LIMITED 31 Oct 2013
    08757197 PVP 049 LIMITED 31 Oct 2013
    08717595 JJL INVESTMENT COMPANY LIMITED 03 Oct 2013
    08727228 HOBBYIST EDITION LIMITED 10 Oct 2013
    08731516 ORANGES & ORCHIDS LIMITED 14 Oct 2013
    08735924 AGILITEE LIMITED 17 Oct 2013
    08739976 COLD CALL PREVENTION LOGISTICS LIMITED 21 Oct 2013
    08715881 KAMBIS EXPRESS LIMITED 02 Oct 2013
    08722549 OLVER TRAINING LTD 08 Oct 2013
    08722627 KATIE BAMBRO LTD 08 Oct 2013
    08729713 REJUICED LIMITED 11 Oct 2013
    08719711 CISSBURY PROJECT MANAGEMENT LIMITED 07 Oct 2013
    08726566 TOTALLY LISTED LIMITED 10 Oct 2013
    08729440 ORISON PROPERTIES LIMITED 11 Oct 2013
    08744984 AZYLUM LIMITED 23 Oct 2013
    08748968 ESSEMAR LIMITED 25 Oct 2013