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
    09418298 RBR ENGINEERING SOLUTIONS LIMITED 03 Feb 2015
    09424534 DAVID ALLUM CONSULTANCY SERVICES LIMITED 05 Feb 2015
    09427123 GAS SMART HEATING LIMITED 06 Feb 2015
    09429664 OTTWAY MEDIA SOLUTIONS LTD 09 Feb 2015
    09437643 DELA PENA LTD 12 Feb 2015
    09438780 WORLD OF BENCHES LIMITED 13 Feb 2015
    09442543 SCT ESTATES LIMITED 17 Feb 2015
    09443307 OMSHIV STORE LIMITED 17 Feb 2015
    09446716 SONYROSE UK LTD 18 Feb 2015
    09460503 MIKI77 LTD 26 Feb 2015
    09461308 COLSTOCK DEVELOPMENTS LTD 26 Feb 2015
    09461329 COLSTOCK HOLDINGS LTD 26 Feb 2015
    09415760 SPACE MODE LIMITED 02 Feb 2015
    09422656 TECNICO M&E CONTRACTING LIMITED 04 Feb 2015
    09421100 HOBASH LIMITED 04 Feb 2015
    09425038 CAP-ALTO LIMITED 05 Feb 2015
    09429598 GENIUS 5 INVESTMENTS LIMITED 09 Feb 2015
    09432776 REPOR2 SOFTWARE LIMITED 10 Feb 2015
    09444832 MAHAWI LIMITED 17 Feb 2015
    09447468 CENTRE DES JEUNES DIRIGEANTS (LONDON) LIMITED 19 Feb 2015
    09419773 ACCOUNTS AND SEE LTD 03 Feb 2015
    09428927 L.P BUILDING & PROPERTY DEVELOPMENTS LTD 09 Feb 2015
    09433278 ROWLANDS 74 RTM COMPANY LIMITED 11 Feb 2015
    09452449 ROBERTON WIGS LIMITED 21 Feb 2015
    09454788 SUSSEXSOCIALCARE LTD 24 Feb 2015