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

  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 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)WorthingUK
    2014257143,414
    2013194132,684
    % change32.5%8.1%
    Record Year 2014 (257) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 20141186574
    New companies in 2013754673
    % change57.3%41.3%1.4%
    Record Year2014 (118)2014 (65)2014 (74)

Closed Companies (dissolved)

  1. 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)WorthingUK
    2014185101,670
    201314386,170
    % change29.4%18.0%
    Record Year 2009 (195) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2014755555
    Closed companies in 2013494153
    % change53.1%34.1%4%
    Record Year2014 (75)2008 (99)2009 (84)

Net Company Growth

  1. 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)WorthingUK
    20147241,744
    20135146,514
    Record Year 2007 (106) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014431019
    Net growth in 201326520
    Record Year2007 (53)2003 (40)2002 (45)

UK Company Share

  1. 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
    20140.2%
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1997 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.1%0.2%
    UK formation share in 20130.2%0.1%0.2%
    % change42.9%34.6%-7.0%
    Record Year1995 (0.4%)1990 (0.3%)1977 (0.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Sep 2013-Sep 2014)

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

    wordpercentageuk worduk percentage
    PVP3.27%CONSULTING5.17%
    FARM2.44%MANAGEMENT4.63%
    CONSULTING1.92%CONSULTANCY3.55%
    COMPOSITES1.47%PROPERTY2.62%
    MANAGEMENT1.35%ENGINEERING2.07%
    AUTOMOTIVE1.22%CONSTRUCTION2.05%
    PROPERTY1.22%TRADING2.00%
    SUSSEX1.09%LONDON1.95%
    ELECTRICAL1.03%CARE1.94%
    DESIGN0.96%TRANSPORT1.76%
    ENGINEERING0.96%DESIGN1.70%
    WORTHING0.83%CONSULTANTS1.70%
    BUILDING0.77%PROPERTIES1.63%
    CONSTRUCTION0.71%BUSINESS1.62%
    ROAD0.64%J1.53%
    (SUSSEX)0.58%ELECTRICAL1.53%
    SOUTHERN0.58%GLOBAL1.51%
    CONSULTANCY0.58%INVESTMENTS1.50%
    CONSULTANTS0.58%ASSOCIATES1.48%
    J0.51%MEDIA1.38%
    WEST0.45%CO.,1.36%
    GREEN0.45%DEVELOPMENTS1.35%
    TRADING0.45%BUILDING1.30%
    K0.45%IT1.30%
    (SOUTHERN)0.45%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied316278,481
    99999 - Dormant Company10448,286
    82990 - Other business support service activities not elsewhere classified7957,264
    70229 - Management consultancy activities other than financial management7040,717
    62020 - Information technology consultancy activities5129,313
    96090 - Other service activities not elsewhere classified4428,224
    74909 - Other professional, scientific and technical activities not elsewhere classified3018,890
    62090 - Other information technology service activities2912,795
    86900 - Other human health activities2611,807
    43210 - Electrical installation255,922
    41100 - Development of building projects2310,604
    47910 - Retail sale via mail order houses or via Internet229,914
    74990 - Non-trading company2014,006
    62012 - Business and domestic software development179,675
    98000 - Residents property management175,047
    43999 - Other specialised construction activities not elsewhere classified178,501
    45200 - Maintenance and repair of motor vehicles145,335
    74100 - specialised design activities144,681
    56101 - Licensed restaurants148,546
    71129 - Other engineering activities135,930

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09109024 MR TAP LTD 01 Jul 2014
    09112093 SCOTT & MASON LTD 02 Jul 2014
    09113151 GREEN SHOP LIMITED 02 Jul 2014
    09113399 CBM BARS LIMITED 02 Jul 2014
    09120413 THE FAMILY ADVISORY BUREAU LIMITED 08 Jul 2014
    09120719 MESA BRIGHTON LTD 08 Jul 2014
    09121127 CARE PLAN DIRECT LTD 08 Jul 2014
    09126140 MIMI & MAC LIMITED 11 Jul 2014
    09131744 ALLIED ASSOCIATES (GIBRALTAR) LIMITED 15 Jul 2014
    09133359 QZ MARKETING LIMITED 16 Jul 2014
    09133838 SPRING (UK) LTD 16 Jul 2014
    09135143 EATS & TREATS LTD 17 Jul 2014
    09141164 PVP 034 GLYN GWILYM FARM LIMITED 21 Jul 2014
    09141387 PVP 038 GLYN GWILYM FARM LIMITED 22 Jul 2014
    09142550 PVP 159 FAIR ORCHARD FARM LIMITED 22 Jul 2014
    09142577 PVP 128 WHITE HOUSE FARM A LIMITED 22 Jul 2014
    09142622 PVP 129 WHITE HOUSE FARM B LIMITED 22 Jul 2014
    09142733 PVP 298 FURTHER GREEN FARM LIMITED 22 Jul 2014
    09147924 YOUR PHOTOGRAPHY LTD 25 Jul 2014
    09151439 PVP 261 RANKSBOROUGH FARM LIMITED 29 Jul 2014
    09114076 SAWYARDS MANAGEMENT LIMITED 03 Jul 2014
    09152676 AEQUAL LIMITED 29 Jul 2014
    09134464 THE CANINE CREW LTD 16 Jul 2014
    09111001 INPUT MOBILE LIMITED 01 Jul 2014
    09119252 FR TRADE LTD 07 Jul 2014