Worthing, West Sussex
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Worthing when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Worthing when compared to any previous September.
- August 2014 saw a new record in company registrations in Worthing when compared to any previous August.
- July 2014 saw a new record in company registrations in Worthing when compared to any previous July.
- July 2014 saw a new record in company closures in Worthing when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Worthing when compared to any previous Q3.
A total of 257 companies were registered in Worthing during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 32.5% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Worthing UK 2014 257 143,414 2013 194 132,684 % change 32.5% 8.1% Record Year 2014 (257) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Worthing when compared to any previous September.
August 2014 saw a new record in company registrations in Worthing when compared to any previous August.
July 2014 saw a new record in company registrations in Worthing when compared to any previous July.
New Companies by Month
July August September New companies in 2014 118 65 74 New companies in 2013 75 46 73 % change 57.3% 41.3% 1.4% Record Year 2014 (118) 2014 (65) 2014 (74)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 185 companies were dissolved in Worthing during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 29.4% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Worthing UK 2014 185 101,670 2013 143 86,170 % change 29.4% 18.0% Record Year 2009 (195) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Worthing when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 75 55 55 Closed companies in 2013 49 41 53 % change 53.1% 34.1% 4% Record Year 2014 (75) 2008 (99) 2009 (84)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Worthing during the third quarter of 2014 (Jul 2014 - Sep 2014) was 72 companies.
third quarter (Jul 2014 - Sep 2014) Worthing UK 2014 72 41,744 2013 51 46,514 Record Year 2007 (106) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 43 10 19 Net growth in 2013 26 5 20 Record Year 2007 (53) 2003 (40) 2002 (45)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Worthing formed 0.2% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Worthing 2014 0.2% 2013 0.1% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1997 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.2% 0.1% 0.2% UK formation share in 2013 0.2% 0.1% 0.2% % change 42.9% 34.6% -7.0% Record Year 1995 (0.4%) 1990 (0.3%) 1977 (0.5%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 44.9.
The percentage of directors under the age of 25 was 6.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Worthing was in 2005 when 32.3% of all directors were female.
27.2% of all director appointments in Worthing in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PVP 3.27% CONSULTING 5.17% FARM 2.44% MANAGEMENT 4.63% CONSULTING 1.92% CONSULTANCY 3.55% COMPOSITES 1.47% PROPERTY 2.62% MANAGEMENT 1.35% ENGINEERING 2.07% AUTOMOTIVE 1.22% CONSTRUCTION 2.05% PROPERTY 1.22% TRADING 2.00% SUSSEX 1.09% LONDON 1.95% ELECTRICAL 1.03% CARE 1.94% DESIGN 0.96% TRANSPORT 1.76% ENGINEERING 0.96% DESIGN 1.70% WORTHING 0.83% CONSULTANTS 1.70% BUILDING 0.77% PROPERTIES 1.63% CONSTRUCTION 0.71% BUSINESS 1.62% ROAD 0.64% J 1.53% (SUSSEX) 0.58% ELECTRICAL 1.53% SOUTHERN 0.58% GLOBAL 1.51% CONSULTANCY 0.58% INVESTMENTS 1.50% CONSULTANTS 0.58% ASSOCIATES 1.48% J 0.51% MEDIA 1.38% WEST 0.45% CO., 1.36% GREEN 0.45% DEVELOPMENTS 1.35% TRADING 0.45% BUILDING 1.30% K 0.45% IT 1.30% (SOUTHERN) 0.45% M 1.23%
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 316 278,481 99999 - Dormant Company 104 48,286 82990 - Other business support service activities not elsewhere classified 79 57,264 70229 - Management consultancy activities other than financial management 70 40,717 62020 - Information technology consultancy activities 51 29,313 96090 - Other service activities not elsewhere classified 44 28,224 74909 - Other professional, scientific and technical activities not elsewhere classified 30 18,890 62090 - Other information technology service activities 29 12,795 86900 - Other human health activities 26 11,807 43210 - Electrical installation 25 5,922 41100 - Development of building projects 23 10,604 47910 - Retail sale via mail order houses or via Internet 22 9,914 74990 - Non-trading company 20 14,006 62012 - Business and domestic software development 17 9,675 98000 - Residents property management 17 5,047 43999 - Other specialised construction activities not elsewhere classified 17 8,501 45200 - Maintenance and repair of motor vehicles 14 5,335 74100 - specialised design activities 14 4,681 56101 - Licensed restaurants 14 8,546 71129 - Other engineering activities 13 5,930
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09160687 FIONA BROOKE LIMITED 05 Aug 2014 09161084 OSPREY MLP LIMITED 05 Aug 2014 09161194 ANCHOR SERVICES (SOUTH WEST) LIMITED 05 Aug 2014 09164343 TOWSE PROGRAMME MANGEMENT LIMITED 06 Aug 2014 09179607 LISALIO LIMITED 18 Aug 2014 09183817 WORTHING LETS LIMITED 20 Aug 2014 09193981 CDC COMPLIANCE LIMITED 29 Aug 2014 09196576 XTREME DIMENSIONS LTD 30 Aug 2014 09196927 MARIC PROPERTY INVENTORIES LIMITED 31 Aug 2014 09164016 GVIEW TRADING LIMITED 06 Aug 2014 09165348 APPITIERRE LTD 07 Aug 2014 09170413 EASY BCM LTD 11 Aug 2014 09189094 ZVIKOMBORERO LIMITED 28 Aug 2014 09196421 PIXIES GREENGROCERS LIMITED 30 Aug 2014 09160314 ANGELSCUBE LIMITED 04 Aug 2014 09169712 TOP GLASS DOUBLE GLAZING LTD 11 Aug 2014 09179620 MUSICARE LIMITED 18 Aug 2014 09180352 MUSIC AND CARE LIMITED 18 Aug 2014 09182077 TARRING CLINICAL RESEARCH LIMITED 19 Aug 2014 OC395031 MIDDLE EARTH MINIBUS COMPANY LLP 31 Aug 2014 09174943 PIEDMONTECH LIMITED 14 Aug 2014 09177980 ACGC ENTERPRISES LIMITED 15 Aug 2014 09184331 PJB BUILDING SOLUTIONS LIMITED 20 Aug 2014 09186617 WESTERN ROAD MOTORS LIMITED 22 Aug 2014 09190115 SOUTHERN WALL TIES LIMITED 28 Aug 2014
reports
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