Worthing, West Sussex
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Worthing when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Worthing when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Worthing when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Worthing when compared to any previous December.
- October 2014 saw a new record in company registrations in Worthing when compared to any previous October.
- December 2014 saw a new record in company closures in Worthing when compared to any previous December.
- October 2014 saw a new record in net growth in Worthing when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Worthing when compared to any year in history.
A total of 995 companies were formed in Worthing in 2014. This total is 26.1% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Worthing UK 2014 995 582,051 2013 789 529,363 2012 780 491,893 2011 680 452,870 2010 668 400,358 Record Year 2014 (995) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Worthing when compared to any previous second half year.
In the second half of 2014 a total of 469 companies were formed in Worthing. This figure is 27.8% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Worthing occurred in 2014 when a total of 469 were formed.
Half Year (Jul-Dec) Worthing UK 2014 469 281,320 2013 367 259,931 % change 27.8% 8.2% Record Year 2014 (469) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Worthing when compared to any previous Q4.
A total of 212 companies were registered in Worthing during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 22.5% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Worthing UK 2014 212 137,906 2013 173 127,247 % change 22.5% 8.4% Record Year 2014 (212) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Worthing when compared to any previous December.
October 2014 saw a new record in company registrations in Worthing when compared to any previous October.
New Companies by Month
October November December New companies in 2014 96 49 67 New companies in 2013 70 50 53 % change 37.1% -2.0% 26.4% Record Year 2014 (96) 2002 (73) 2014 (67)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 670 companies were dissolved in Worthing in 2014. This total is 17.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Worthing UK 2014 670 367,937 2013 569 332,213 2012 527 293,729 2011 568 314,524 2010 603 342,233 Record Year 2009 (709) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 337 companies were dissolved in Worthing. This figure is 19.1% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Worthing occurred in 2009 when a total of 341 were closed.
Half Year (Jul-Dec) Worthing UK 2014 337 190,730 2013 283 177,021 % change 19.1% 7.7% Record Year 2009 (341) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 152 companies were dissolved in Worthing during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 8.6% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Worthing UK 2014 152 89,060 2013 140 90,851 % change 8.6% -2.0% Record Year 2011 (173) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Worthing when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 41 35 76 Closed companies in 2013 50 45 45 % change -18.0% -22.2% 69% Record Year 2012 (72) 2011 (75) 2014 (76)
Net Company Growth
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Annual Data (2014)
A total of 325 companies were added to the company register for Worthing in 2014. This number represents growth of 32.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 105 companies higher 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.
Year Worthing UK 2014 325 214,114 2013 220 197,150 2012 253 198,164 2011 112 138,346 2010 65 58,125 Record Year 2007 (400) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Worthing increased by 132 companies.
Half Year (Jul-Dec) Worthing UK 2014 132 90,590 2013 84 82,910 Record Year 2002 (210) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Worthing during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 60 companies.
fourth quarter (Oct 2014 - Dec 2014) Worthing UK 2014 60 48,846 2013 33 36,396 Record Year 2006 (83) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Worthing when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 55 14 -9 Net growth in 2013 20 5 8 Record Year 2014 (55) 2002 (47) 2012 (30)
UK Company Share
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Annual Data (2014)
In 2014 Worthing formed 0.2% of all UK companies. This is an improvement on 2013 when Worthing was responsible for 0.1% of all UK companies.
Year Worthing 2014 0.2% 2013 0.1% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1998 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Worthing formed 0.2% of all UK companies. This is more than the 2013 figure of 0.1%.
Half Year (Jul-Dec) Worthing 2014 0.2% 2013 0.1% 2012 0.2% 2011 0.1% 2010 0.2% Record Year (since 1960) 1999 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Worthing formed 0.2% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Worthing 2014 0.2% 2013 0.1% 2012 0.2% 2011 0.1% 2010 0.1% Record Year (since 1960) 2002 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.1% 0.2% UK formation share in 2013 0.1% 0.1% 0.2% % change 30.5% -7.0% 8.2% Record Year 1996 (0.3%) 1989 (0.3%) 1990 (0.4%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.3.
The percentage of directors under the age of 25 was 6.5% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 45.0.
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 5.4% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 45.0.
The percentage of directors under the age of 25 was 7.0% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Worthing was 1963 when 100.0% of all directors were female.
The percentage of female directors in Worthing in 2014 was 26.3%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Worthing was 2006 when 33.5% of all directors were female.
26.7% of all director appointments in Worthing in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Worthing was in 2006 when 36.5% of all directors were female.
26.0% of all director appointments in Worthing in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PVP 2.79% CONSULTING 5.22% FARM 2.60% MANAGEMENT 4.58% CONSULTING 1.96% CONSULTANCY 3.57% COMPOSITES 1.46% PROPERTY 2.66% SUSSEX 1.39% CONSTRUCTION 2.12% AUTOMOTIVE 1.20% ENGINEERING 2.10% ELECTRICAL 1.14% CARE 2.02% MANAGEMENT 1.14% TRADING 1.94% PROPERTY 1.14% LONDON 1.93% ENGINEERING 1.01% TRANSPORT 1.93% DESIGN 0.95% DESIGN 1.66% WORTHING 0.82% CONSULTANTS 1.64% BUILDING 0.82% ELECTRICAL 1.62% DEVELOPMENTS 0.63% PROPERTIES 1.62% ROAD 0.63% BUSINESS 1.56% CONSTRUCTION 0.63% J 1.54% J 0.63% CO., 1.50% SOUTHERN 0.57% GLOBAL 1.49% CONSULTANCY 0.57% INVESTMENTS 1.48% CONSULTANTS 0.57% ASSOCIATES 1.47% RTM 0.51% DEVELOPMENTS 1.35% (WORTHING) 0.51% MEDIA 1.33% CO 0.44% IT 1.31% CARPENTRY 0.44% BUILDING 1.29% (SUSSEX) 0.44% M 1.22%
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 308 265,608 99999 - Dormant Company 102 48,509 82990 - Other business support service activities not elsewhere classified 79 58,068 70229 - Management consultancy activities other than financial management 70 42,290 62020 - Information technology consultancy activities 56 30,178 96090 - Other service activities not elsewhere classified 42 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 31 19,049 62090 - Other information technology service activities 29 12,837 41100 - Development of building projects 27 11,397 43210 - Electrical installation 24 5,985 86900 - Other human health activities 23 12,976 47910 - Retail sale via mail order houses or via Internet 23 10,107 74990 - Non-trading company 21 13,984 98000 - Residents property management 20 5,255 43999 - Other specialised construction activities not elsewhere classified 19 8,761 56103 - Take-away food shops and mobile food stands 17 8,318 62012 - Business and domestic software development 17 9,752 56101 - Licensed restaurants 16 8,782 41202 - Construction of domestic buildings 16 7,559 74100 - specialised design activities 15 4,841
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09296784 GORILLAS IN SUITS LTD 05 Nov 2014 09303285 TECHKNOWLEDGY LTD 10 Nov 2014 09307176 KUKI MONSTER ENTERTAINMENT LIMITED 12 Nov 2014 09307257 DIXON BUILDING SERVICES LIMITED 12 Nov 2014 09308028 IBOT ENTERTAINMENT LIMITED 12 Nov 2014 09309135 SLACK DESIGNS LIMITED 13 Nov 2014 09309643 MONETAIRE ACCOUNTANTS LIMITED 13 Nov 2014 09311040 ATIFA LIMITED 14 Nov 2014 09317375 1 SELDEN ROAD RTM COMPANY LIMITED 18 Nov 2014 09318350 TEAL CREATIONS LIMITED 19 Nov 2014 09318468 HAY INVESTMENT CO LIMITED 19 Nov 2014 09318700 S P GLAZING LIMITED 19 Nov 2014 09323854 PENFOLD VERRALL HOLDINGS LIMITED 24 Nov 2014 09325211 DONALD YANZA LIMITED 24 Nov 2014 09329872 TWG PUBLIC HOUSE LIMITED 27 Nov 2014 09309226 Z F L INSTRUMENTATION SERVICES LIMITED 13 Nov 2014 09317152 GT ULTRASOUND LTD 18 Nov 2014 09321868 S&B FENCING LTD 21 Nov 2014 09323551 THE LOW-COST FITNESS CLUB LTD 24 Nov 2014 09329785 IAN WATKINS ESTATE AGENTS LTD 27 Nov 2014 09309648 MONARCHS1651 LTD 13 Nov 2014 09302947 LUSH BOUTIQUE LIMITED 10 Nov 2014 09306665 HEALTHVIE LTD. 12 Nov 2014 09316871 ORGTRANS LIMITED 18 Nov 2014 09317293 BRUTINELLPRES LIMITED 18 Nov 2014
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