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

  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 (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.

    YearWorthingUK
    2014995582,051
    2013789529,363
    2012780491,893
    2011680452,870
    2010668400,358
    Record Year2014 (995)2014 (582,051)
    New Companies by Year
  2. 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)WorthingUK
    2014469281,320
    2013367259,931
    % change27.8%8.2%
    Record Year2014 (469)2014 (281,320)
    New Companies by Half Year
  3. 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)WorthingUK
    2014212137,906
    2013173127,247
    % change22.5%8.4%
    Record Year 2014 (212) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014964967
    New companies in 2013705053
    % change37.1%-2.0%26.4%
    Record Year2014 (96)2002 (73)2014 (67)

Closed Companies (dissolved)

  1. 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.

    YearWorthingUK
    2014670367,937
    2013569332,213
    2012527293,729
    2011568314,524
    2010603342,233
    Record Year2009 (709)2009 (533,789)
    Dissolved Companies by Year
  2. 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)WorthingUK
    2014337190,730
    2013283177,021
    % change19.1%7.7%
    Record Year2009 (341)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)WorthingUK
    201415289,060
    201314090,851
    % change8.6%-2.0%
    Record Year 2011 (173) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2014413576
    Closed companies in 2013504545
    % change-18.0%-22.2%69%
    Record Year2012 (72)2011 (75)2014 (76)

Net Company Growth

  1. 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.

    YearWorthingUK
    2014325214,114
    2013220197,150
    2012253198,164
    2011112138,346
    20106558,125
    Record Year2007 (400)2007 (237,353)
    Net Growth by Year
  2. 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)WorthingUK
    201413290,590
    20138482,910
    Record Year2002 (210)2003 (117,772)
    Net Growth by Half Year
  3. 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)WorthingUK
    20146048,846
    20133336,396
    Record Year 2006 (83) 2012 (49,848)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 20145514-9
    Net growth in 20132058
    Record Year2014 (55)2002 (47)2012 (30)

UK Company Share

  1. 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.

    YearWorthing
    20140.2%
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)1998 (0.2%)
    Company Share by Year
  2. 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
    20140.2%
    20130.1%
    20120.2%
    20110.1%
    20100.2%
    Record Year (since 1960) 1999 (0.2%)
    Company Share by Half Year
  3. 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
    20140.2%
    20130.1%
    20120.2%
    20110.1%
    20100.1%
    Record Year (since 1960) 2002 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.1%0.2%
    UK formation share in 20130.1%0.1%0.2%
    % change30.5%-7.0%8.2%
    Record Year1996 (0.3%)1989 (0.3%)1990 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    PVP2.79%CONSULTING5.22%
    FARM2.60%MANAGEMENT4.58%
    CONSULTING1.96%CONSULTANCY3.57%
    COMPOSITES1.46%PROPERTY2.66%
    SUSSEX1.39%CONSTRUCTION2.12%
    AUTOMOTIVE1.20%ENGINEERING2.10%
    ELECTRICAL1.14%CARE2.02%
    MANAGEMENT1.14%TRADING1.94%
    PROPERTY1.14%LONDON1.93%
    ENGINEERING1.01%TRANSPORT1.93%
    DESIGN0.95%DESIGN1.66%
    WORTHING0.82%CONSULTANTS1.64%
    BUILDING0.82%ELECTRICAL1.62%
    DEVELOPMENTS0.63%PROPERTIES1.62%
    ROAD0.63%BUSINESS1.56%
    CONSTRUCTION0.63%J1.54%
    J0.63%CO.,1.50%
    SOUTHERN0.57%GLOBAL1.49%
    CONSULTANCY0.57%INVESTMENTS1.48%
    CONSULTANTS0.57%ASSOCIATES1.47%
    RTM0.51%DEVELOPMENTS1.35%
    (WORTHING)0.51%MEDIA1.33%
    CO0.44%IT1.31%
    CARPENTRY0.44%BUILDING1.29%
    (SUSSEX)0.44%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied308265,608
    99999 - Dormant Company10248,509
    82990 - Other business support service activities not elsewhere classified7958,068
    70229 - Management consultancy activities other than financial management7042,290
    62020 - Information technology consultancy activities5630,178
    96090 - Other service activities not elsewhere classified4229,009
    74909 - Other professional, scientific and technical activities not elsewhere classified3119,049
    62090 - Other information technology service activities2912,837
    41100 - Development of building projects2711,397
    43210 - Electrical installation245,985
    86900 - Other human health activities2312,976
    47910 - Retail sale via mail order houses or via Internet2310,107
    74990 - Non-trading company2113,984
    98000 - Residents property management205,255
    43999 - Other specialised construction activities not elsewhere classified198,761
    56103 - Take-away food shops and mobile food stands178,318
    62012 - Business and domestic software development179,752
    56101 - Licensed restaurants168,782
    41202 - Construction of domestic buildings167,559
    74100 - specialised design activities154,841

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09336778 SOLEAMBERA LTD 02 Dec 2014
    09341094 ALF'S PROPERTIES LIMITED 04 Dec 2014
    09344350 FIG CONSTRUCTION LTD 08 Dec 2014
    09346787 TRIMMERS HAIRDRESSERS LTD 09 Dec 2014
    09352355 T BIOMED LIMITED 12 Dec 2014
    09355699 PEARSELL LIMITED 15 Dec 2014
    09361779 SEAN WELCH LTD 19 Dec 2014
    09362006 SUSSEX DAIRY LIMITED 19 Dec 2014
    09365020 STROUDLEY EDUCATION LIMITED 22 Dec 2014
    09366003 H CHALFEN LIMITED 23 Dec 2014
    OC397266 SILPHI LLP 23 Dec 2014
    09366640 JMG BI FRAMEWORK LIMITED 24 Dec 2014
    09370846 PACKWIZ LIMITED 31 Dec 2014
    09344378 HOMEFIELD SOLUTIONS LIMITED 08 Dec 2014
    09360797 ITABI LIMITED 18 Dec 2014
    09363375 THE FULLEST LTD 22 Dec 2014
    09370685 RED PEBBLE DESIGN LIMITED 31 Dec 2014
    09333460 FIFTY50 CLOTHING LTD 01 Dec 2014
    09347691 THE SUSSEX CARDIAC CLINIC LIMITED 09 Dec 2014
    09357289 NICOLAS BUISSON CONSULTING LIMITED 16 Dec 2014
    09357377 AMANDINE CHAIGNOT CONSULTING LIMITED 16 Dec 2014
    09365354 SOFTNET ENTERPRISE LIMITED 23 Dec 2014
    09343588 DEMARQ LIMITED 05 Dec 2014
    09345994 27 WESTCOURT ROAD RTM COMPANY LIMITED 08 Dec 2014
    09351882 ORADEX HEALTHCARE(UK) LIMITED 11 Dec 2014