Worthing, West Sussex
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Worthing when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Worthing when compared to any half year in history.
- Q2 2014 saw a new record in company registrations in Worthing when compared to any previous Q2.
- Q2 2014 was a record quarter for company registrations in Worthing when compared to any quarter in history.
- April 2014 saw a new record in company registrations in Worthing when compared to any previous April.
- April 2014 was a record month for company registrations in Worthing when compared to any month in history.
- April 2014 saw a new record in net growth in Worthing when compared to any previous April.
- April 2014 was a record month for net growth in Worthing when compared to any month in history.
Contents
New Company Registrations
-
Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Worthing when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Worthing when compared to any half year in history.
In the first half of 2014 a total of 526 companies were formed in Worthing. This figure is 24.6% higher than last year, which compares well to the UK wide figure of 11.6%.
The highest total for a first half year in Worthing occurred in 2014 when a total of 526 were formed.
Half Year (Jan-Jun) Worthing UK 2014 526 300,731 2013 422 269,432 % change 24.6% 11.6% Record Year 2014 (526) 2014 (300,731) New Companies by Half Year
-
Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Worthing when compared to any previous Q2.
Q2 2014 was a record quarter for company registrations in Worthing when compared to any quarter in history.
A total of 265 companies were registered in Worthing during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 27.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Worthing UK 2014 265 150,009 2013 208 134,630 % change 27.4% 11.4% Record Year 2014 (265) 2014 (150,009) New Companies by Quarter
-
Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in company registrations in Worthing when compared to any previous April.
April 2014 was a record month for company registrations in Worthing when compared to any month in history.
New Companies by Month
April May June New companies in 2014 127 60 78 New companies in 2013 85 64 59 % change 49.4% -6.3% 32.2% Record Year 2014 (127) 2012 (79) 2003 (81)
Closed Companies (dissolved)
-
Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 333 companies were dissolved in Worthing. This figure is 16.4% higher than last year, which compares badly to the UK wide change of 14.2%.
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 2014 333 177,207 2013 286 155,192 % change 16.4% 14.2% Record Year 2009 (368) 2009 (289,245) Dissolved Companies by Half Year
-
Quarterly Data (Q2 Apr-Jun 2014)
A total of 178 companies were dissolved in Worthing during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 24.5% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Worthing UK 2014 178 94,837 2013 143 77,278 % change 24.5% 22.7% Record Year 2009 (206) 2009 (181,179) Dissolved Companies by Quarter
-
Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 49 73 56 Closed companies in 2013 50 40 53 % change -2.0% 82.5% 6% Record Year 2013 (50) 2009 (113) 2010 (67)
Net Company Growth
-
Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Worthing increased by 193 companies.
Half Year (Jan-Jun) Worthing UK 2014 193 123,524 2013 136 114,240 Record Year 2003 (249) 2007 (171,296) Net Growth by Half Year
-
Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Worthing during the second quarter of 2014 (Apr 2014 - Jun 2014) was 87 companies.
second quarter (Apr 2014 - Jun 2014) Worthing UK 2014 87 55,172 2013 65 57,352 Record Year 2007 (125) 2007 (60,014) Net Growth by Quarter
-
Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in net growth in Worthing when compared to any previous April.
April 2014 was a record month for net growth in Worthing when compared to any month in history.
Net Growth by Month
April May June Net growth in 2014 78 -13 22 Net growth in 2013 35 24 6 Record Year 2014 (78) 1999 (48) 2003 (61)
UK Company Share
-
Half Year Data (Jan-Jun 2014)
In the first half of 2014 Worthing formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.
Half Year (Jan-Jun) Worthing 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1998 (0.2%) Company Share by Half Year
-
Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Worthing formed 0.2% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Worthing 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1997 (0.2%) Company Share by Quarter
-
Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.2% 0.1% 0.2% UK formation share in 2013 0.2% 0.1% 0.1% % change 34.7% -13.5% 14.6% Record Year 1998 (0.2%) 1999 (0.3%) 1997 (0.3%)
Director Age
-
Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 45.6.
The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.5%.
Director Age by Half Year
-
Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 45.7.
The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
-
Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Worthing was 2006 when 33.9% of all directors were female.
25.9% of all director appointments in Worthing in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
-
Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Worthing was in 2007 when 33.6% of all directors were female.
26.7% of all director appointments in Worthing in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
-
Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PVP 2.27% CONSULTING 5.16% CONSULTING 1.93% MANAGEMENT 4.64% COMPOSITES 1.59% CONSULTANCY 3.50% FARM 1.45% PROPERTY 2.66% AUTOMOTIVE 1.31% TRADING 2.03% MANAGEMENT 1.31% ENGINEERING 1.99% PROPERTY 1.31% CONSTRUCTION 1.93% SUSSEX 1.24% LONDON 1.93% ENGINEERING 1.03% CARE 1.85% ELECTRICAL 0.96% DESIGN 1.75% DESIGN 0.90% CONSULTANTS 1.73% WORTHING 0.83% BUSINESS 1.69% J 0.76% PROPERTIES 1.63% CONSTRUCTION 0.76% TRANSPORT 1.58% CONSULTANTS 0.76% GLOBAL 1.55% ROAD 0.69% INVESTMENTS 1.55% (SUSSEX) 0.62% J 1.51% CONSULTANCY 0.62% ASSOCIATES 1.48% DEVELOPMENTS 0.62% MEDIA 1.44% S 0.48% ELECTRICAL 1.40% (WORTHING) 0.48% IT 1.33% (SOUTHERN) 0.48% DEVELOPMENTS 1.33% SOUTHERN 0.48% BUILDING 1.26% ASSOCIATES 0.41% M 1.24% PROJECT 0.41% CO., 1.20%
SIC Data
-
Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 301 261,557 99999 - Dormant Company 102 48,436 82990 - Other business support service activities not elsewhere classified 78 57,421 70229 - Management consultancy activities other than financial management 69 40,250 62020 - Information technology consultancy activities 55 29,029 96090 - Other service activities not elsewhere classified 43 28,352 74909 - Other professional, scientific and technical activities not elsewhere classified 28 19,058 62090 - Other information technology service activities 27 13,024 41100 - Development of building projects 24 10,527 86900 - Other human health activities 24 11,292 43210 - Electrical installation 24 6,050 47910 - Retail sale via mail order houses or via Internet 22 9,900 43999 - Other specialised construction activities not elsewhere classified 20 8,533 98000 - Residents property management 19 5,046 62012 - Business and domestic software development 17 9,834 74990 - Non-trading company 17 14,351 64999 - Financial intermediation not elsewhere classified 16 5,836 71129 - Other engineering activities 16 5,787 74100 - specialised design activities 15 4,703 56101 - Licensed restaurants 14 8,585
Recent Companies
-
Randomly selected companies from this quarter
reports
Select a report from the list below: