Worthing, West Sussex

Q1 2015 Business Confidence Report

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 (Q1 Jan-Mar 2015)

    A total of 222 companies were registered in Worthing during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 14.9% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)WorthingUK
    2015222161,156
    2014261150,722
    % change-14.9%6.9%
    Record Year 2014 (261) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015627486
    New companies in 20147580106
    % change-17.3%-7.5%-18.9%
    Record Year2014 (75)2014 (80)2014 (106)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 166 companies were dissolved in Worthing during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 7.1% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)WorthingUK
    201516689,523
    201415582,370
    % change7.1%8.7%
    Record Year 2015 (166) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015425965
    Closed companies in 2014406055
    % change5.0%-1.7%18%
    Record Year2013 (64)2014 (60)2009 (97)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Worthing during the first quarter of 2015 (Jan 2015 - Mar 2015) was 56 companies.

    first quarter (Jan 2015 - Mar 2015)WorthingUK
    20155671,633
    201410668,352
    Record Year 2008 (126) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015201521
    Net growth in 2014352051
    Record Year2008 (44)2006 (43)2007 (64)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Worthing formed 0.1% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Worthing
    20150.1%
    20140.2%
    20130.2%
    20120.1%
    20110.1%
    Record Year (since 1960) 1995 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.1%0.1%0.1%
    UK formation share in 20140.2%0.2%0.2%
    % change-18.9%-14.8%-26.0%
    Record Year1991 (0.4%)2001 (0.3%)1995 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 44.8.

    The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Worthing was in 2006 when 36.7% of all directors were female.

    29.9% of all director appointments in Worthing in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    FARM2.66%CONSULTING5.23%
    PVP2.66%MANAGEMENT4.56%
    CONSULTING1.88%CONSULTANCY3.62%
    SUSSEX1.49%PROPERTY2.72%
    MANAGEMENT1.43%CONSTRUCTION2.19%
    COMPOSITES1.23%CARE2.13%
    PROPERTY1.23%ENGINEERING2.12%
    BUILDING1.17%LONDON1.91%
    DESIGN1.04%TRADING1.88%
    WORTHING0.84%TRANSPORT1.82%
    ELECTRICAL0.84%ELECTRICAL1.76%
    AUTOMOTIVE0.84%DESIGN1.65%
    DEVELOPMENTS0.78%PROPERTIES1.63%
    ENGINEERING0.71%CO.,1.58%
    CONSTRUCTION0.65%J1.55%
    ROAD0.65%CONSULTANTS1.54%
    SOUTHERN0.58%BUSINESS1.49%
    CONSULTANCY0.58%INVESTMENTS1.49%
    RTM0.52%GLOBAL1.46%
    (WORTHING)0.52%ASSOCIATES1.44%
    (SUSSEX)0.45%DEVELOPMENTS1.36%
    S0.45%BUILDING1.31%
    J0.45%IT1.30%
    K0.45%MEDIA1.28%
    GLOBAL0.39%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied373288,953
    99999 - Dormant Company10549,474
    82990 - Other business support service activities not elsewhere classified8758,522
    70229 - Management consultancy activities other than financial management6943,081
    62020 - Information technology consultancy activities6030,825
    96090 - Other service activities not elsewhere classified3929,218
    74909 - Other professional, scientific and technical activities not elsewhere classified3319,098
    62090 - Other information technology service activities2912,862
    41100 - Development of building projects2711,863
    43210 - Electrical installation246,139
    86900 - Other human health activities2413,990
    74990 - Non-trading company2113,794
    47910 - Retail sale via mail order houses or via Internet2110,200
    98000 - Residents property management185,308
    43999 - Other specialised construction activities not elsewhere classified179,080
    62012 - Business and domestic software development159,651
    43390 - Other building completion and finishing156,052
    56103 - Take-away food shops and mobile food stands158,607
    74100 - specialised design activities154,892
    71129 - Other engineering activities156,278

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09375903 SYSEXPERTS LIMITED 06 Jan 2015
    09380081 MACIEJ KRZYZANIAK LTD 08 Jan 2015
    09381437 BO.ONA LTD 09 Jan 2015
    09383374 MORLEY DECORATIONS LIMITED 12 Jan 2015
    09385536 VIFIT LIMITED 13 Jan 2015
    09386219 THE FIRE GUY LIMITED 13 Jan 2015
    09388311 SHELDRAKER LIMITED 14 Jan 2015
    09392028 GAMERIOT LIMITED 16 Jan 2015
    09393667 FIVENS PLACE MANAGEMENT COMPANY LTD 19 Jan 2015
    09396265 LEMON GRASS (GORING) LIMITED 20 Jan 2015
    09402940 FRANKLY STRATEGY LTD 23 Jan 2015
    09405113 WEST WORTHING PO LIMITED 26 Jan 2015
    09408247 NORTHERN MAGPIE LIMITED 27 Jan 2015
    09408403 DICKINSON PROJECT MANAGEMENT LTD 27 Jan 2015
    09409997 DIPPERS (UK) LTD 28 Jan 2015
    09374238 FELIX SOLUTIONS LIMITED 05 Jan 2015
    09375777 WESTLANDS FERRING LIMITED 06 Jan 2015
    09391061 INNOVATION JUNCTION LTD 15 Jan 2015
    09377780 JO-JO'S CHILDCARE SUSSEX LIMITED 07 Jan 2015
    09413502 IDEABCN DESIGN & MANAGEMENT LIMITED 30 Jan 2015
    09374484 GB CONSTRUCTION (BRIGHTON) LIMITED 06 Jan 2015
    09375206 JOHN GILLAM ASSOCIATES LIMITED 06 Jan 2015
    09386959 S ELAWAD LIMITED 13 Jan 2015
    09387119 WORTHING FOOTBALL CENTRE LTD. 13 Jan 2015
    09399492 VESTED OUTSOURCING PARTNERS LTD 21 Jan 2015