Worthing, West Sussex
Q1 2015 Business Confidence Report
Contents
New Company Registrations
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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) Worthing UK 2015 222 161,156 2014 261 150,722 % change -14.9% 6.9% Record Year 2014 (261) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
New Companies by Month
January February March New companies in 2015 62 74 86 New companies in 2014 75 80 106 % change -17.3% -7.5% -18.9% Record Year 2014 (75) 2014 (80) 2014 (106)
Closed Companies (dissolved)
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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) Worthing UK 2015 166 89,523 2014 155 82,370 % change 7.1% 8.7% Record Year 2015 (166) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 42 59 65 Closed companies in 2014 40 60 55 % change 5.0% -1.7% 18% Record Year 2013 (64) 2014 (60) 2009 (97)
Net Company Growth
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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) Worthing UK 2015 56 71,633 2014 106 68,352 Record Year 2008 (126) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 20 15 21 Net growth in 2014 35 20 51 Record Year 2008 (44) 2006 (43) 2007 (64)
UK Company Share
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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 2015 0.1% 2014 0.2% 2013 0.2% 2012 0.1% 2011 0.1% Record Year (since 1960) 1995 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.1% 0.1% 0.1% UK formation share in 2014 0.2% 0.2% 0.2% % change -18.9% -14.8% -26.0% Record Year 1991 (0.4%) 2001 (0.3%) 1995 (0.3%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage FARM 2.66% CONSULTING 5.23% PVP 2.66% MANAGEMENT 4.56% CONSULTING 1.88% CONSULTANCY 3.62% SUSSEX 1.49% PROPERTY 2.72% MANAGEMENT 1.43% CONSTRUCTION 2.19% COMPOSITES 1.23% CARE 2.13% PROPERTY 1.23% ENGINEERING 2.12% BUILDING 1.17% LONDON 1.91% DESIGN 1.04% TRADING 1.88% WORTHING 0.84% TRANSPORT 1.82% ELECTRICAL 0.84% ELECTRICAL 1.76% AUTOMOTIVE 0.84% DESIGN 1.65% DEVELOPMENTS 0.78% PROPERTIES 1.63% ENGINEERING 0.71% CO., 1.58% CONSTRUCTION 0.65% J 1.55% ROAD 0.65% CONSULTANTS 1.54% SOUTHERN 0.58% BUSINESS 1.49% CONSULTANCY 0.58% INVESTMENTS 1.49% RTM 0.52% GLOBAL 1.46% (WORTHING) 0.52% ASSOCIATES 1.44% (SUSSEX) 0.45% DEVELOPMENTS 1.36% S 0.45% BUILDING 1.31% J 0.45% IT 1.30% K 0.45% MEDIA 1.28% GLOBAL 0.39% M 1.27%
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 373 288,953 99999 - Dormant Company 105 49,474 82990 - Other business support service activities not elsewhere classified 87 58,522 70229 - Management consultancy activities other than financial management 69 43,081 62020 - Information technology consultancy activities 60 30,825 96090 - Other service activities not elsewhere classified 39 29,218 74909 - Other professional, scientific and technical activities not elsewhere classified 33 19,098 62090 - Other information technology service activities 29 12,862 41100 - Development of building projects 27 11,863 43210 - Electrical installation 24 6,139 86900 - Other human health activities 24 13,990 74990 - Non-trading company 21 13,794 47910 - Retail sale via mail order houses or via Internet 21 10,200 98000 - Residents property management 18 5,308 43999 - Other specialised construction activities not elsewhere classified 17 9,080 62012 - Business and domestic software development 15 9,651 43390 - Other building completion and finishing 15 6,052 56103 - Take-away food shops and mobile food stands 15 8,607 74100 - specialised design activities 15 4,892 71129 - Other engineering activities 15 6,278
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09477213 FIELDCHROME LIMITED 09 Mar 2015 09489704 JOCELLE LIMITED 13 Mar 2015 09489750 LBC LEISURE LIMITED 13 Mar 2015 09494165 S & K HAULAGE LIMITED 17 Mar 2015 09496458 LEMON GRASS (CRAWLEY) LIMITED 18 Mar 2015 09496584 MORGAN TURNER ROBERTS LTD 18 Mar 2015 09511391 BAILEY HOYLE LIMITED 26 Mar 2015 09514137 BROWNLOW & BROWN LIMITED 27 Mar 2015 09515902 ATOMIC FLICK LIMITED 28 Mar 2015 09518442 ALDWICK DIGITAL LIMITED 31 Mar 2015 09519651 CLX ENTERTAINMENT LIMITED 31 Mar 2015 09468903 CHANGE BAG BOUTIQUE LIMITED 03 Mar 2015 09480368 SHENKYAN LTD 10 Mar 2015 09493216 EVOLVE CREATIVE DIGITAL LTD 17 Mar 2015 09498848 TRINACRIA GELATO (UK) LIMITED 19 Mar 2015 09466411 SIRE SECURITY LIMITED 03 Mar 2015 09479828 JMS PLM SYSTEMS LIMITED 10 Mar 2015 09484367 ROUNCE FUNERAL SERVICES LIMITED 11 Mar 2015 09487493 ELAND HAVEN LIMITED 12 Mar 2015 09515090 SMB SOCIAL WORK CONSULTING LIMITED 27 Mar 2015 09476014 FAROOK & ZULEKHA LTD 06 Mar 2015 09478402 KOCHIVDA LIMITED 09 Mar 2015 09490620 MBC16 LIMITED 14 Mar 2015 09499481 JOHNSON'S BUILDING SERVICES LTD 19 Mar 2015 09505903 RLM ELECTRICAL LTD 24 Mar 2015
reports
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