Charnwood

Charnwood ranks 88th of 361 UK local authorities, with a composite score of 1,005, placing it 5 points above the UK benchmark. Its strongest performance is in Innovation, where it ranks 43rd nationally and outperforms 88.1% of authorities. Investment is the one area where it falls below the UK benchmark, sitting 35 points under it.

  • Top pillar: Innovation
  • Biggest opportunity: ESG
  • 9,241 active companies

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Charnwood's composite score of 1,005 is built from four pillars: Innovation, Scaling, Investment and ESG, weighted at 30%, 30%, 30% and 10% respectively.

Each score is averaged across the authority's active companies, with corporate groups counted once. That averaging means a smaller authority with highly active companies can score above a larger one, making this a fair comparison across authorities of different sizes.

The UK as a whole scores 1,000 by design, so Charnwood's position just above that mark puts it marginally ahead of the national average. The likely range for its composite score runs from 988 to 1,022, showing how much the score could shift with a slightly different mix of companies; a score is only published when that range is narrow enough to rely on.

East Midlands

Each dot shows the pillar score on a scale where the UK as a whole scores 1,000, marked by the line. The paler band is the likely range. The composite weights Innovation, Scaling and Investment 30% each and ESG 10%.

  • Innovation 30%1,043Well above average nationally
  • Scaling 30%1,004Average nationally
  • Investment 30%965Above average nationally
  • ESG 10%1,014Average nationally

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Pillar breakdown

How Charnwood's composite score of 1,005 is built up, pillar by pillar.

Innovation

1,043

Well above average nationally

+43 points against the UK · Likely range 1,013–1,073 · 30% of the composite

Innovation covers granted patent families filed recently, R&D grant value, whether companies are academic spinouts, involvement in innovative sectors, and coverage across the IS-8 sectors. Charnwood ranks 43rd of 361 on this pillar, with a score of 1,043, placing it 43 points above the UK benchmark and in the top 20% of all authorities nationally. It also ranks 2nd within Leicestershire and 5th across the East Midlands, indicating that local companies are notably active on the measures that make up this pillar.

The 5 measures behind this pillar

  • Patents25%See the data on Beauhurst

    Granted patent families filed in the last 20 years, held anywhere in the corporate group (capped, log scale).

  • Academic spinouts25%See the data on Beauhurst

    Whether the company is a university spinout.

  • R&D grant value25%See the data on Beauhurst

    Value of R&D grants received in the last five years: Innovate UK, EU programmes and other grants for R&D (capped, log scale).

  • Innovative sectors15%See the data on Beauhurst

    Tagged with any industry or buzzword on a curated list of innovative sectors, for example chips, biotechnology, quantum, AI, data, SaaS, FinTech and CleanTech. About 2.5% of companies.

  • IS-8 sectors10%See the data on Beauhurst

    Tagged with any of the eight IS-8 sectors: advanced manufacturing, clean energy, creative industries, digital and technologies, financial services, life sciences, professional and business services, and defence. About 18% of companies.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

Scaling

1,004

Average nationally

+4 points against the UK · Likely range 980–1,028 · 30% of the composite

The Scaling pillar captures whether companies qualify as scaleups, their three-year headcount growth rate, and accelerator attendance. Charnwood scores 1,004 here, 4 points above the UK benchmark, and ranks 147th of 360 authorities. That places it broadly in line with the national average, with its companies adding staff at a pace that is close to but slightly ahead of the UK norm.

The 3 measures behind this pillar

  • Scaleups45%See the data on Beauhurst

    Whether the company is a 20% scaleup (Beauhurst high-growth signal).

  • Headcount growth45%See the data on Beauhurst

    Annualised three-year employee growth rate over the latest four years of accounts, including group accounts, for companies with five or more employees at the start (capped). All other companies count as zero.

  • Accelerator10%See the data on Beauhurst

    Whether the company has attended an accelerator.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

Investment

965

Above average nationally

−35 points against the UK · Likely range 938–992 · 30% of the composite

Investment measures equity raising activity: whether companies raised equity in the last five years, the value of that equity, and whether a company completed its first-ever equity deal in that period. At 965, Charnwood's Investment score sits 35 points below the UK benchmark, ranking 114th of 360 authorities. While it outperforms more than two-thirds of authorities, this is the one pillar where it trails the national average, suggesting local companies raise equity less actively than the UK norm.

The 3 measures behind this pillar

  • Equity raisers40%See the data on Beauhurst

    Whether the company raised equity in the last five years.

  • Equity raised40%See the data on Beauhurst

    Amount of equity raised in the last five years (capped, log scale).

  • First-time raisers20%See the data on Beauhurst

    Whether the company's first equity deal ever was in the last five years. A first-time raiser always counts as an equity raiser too.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

ESG

1,014

Average nationally

+14 points against the UK · Likely range 993–1,035 · 10% of the composite

The ESG pillar reflects clean energy and other green activity, environmental accolades, social and governance signals, and not-for-profit proxies. Charnwood scores 1,014 on this pillar, 14 points above the UK benchmark, and ranks 174th of 361 authorities. Although this is the lowest-ranked of its four pillars, it remains above the national average, with Charnwood outperforming just over half of all authorities.

The 5 measures behind this pillar

  • Clean energy30%See the data on Beauhurst

    Active in clean or renewable energy, or clean technology.

  • Other green activity20%See the data on Beauhurst

    Active in green buildings and infrastructure, green transport, or sustainable farming and food.

  • Environmental accolades20%See the data on Beauhurst

    Has an environmental accolade, including completed Innovate UK clean growth grants.

  • Social and governance15%See the data on Beauhurst

    Has a gender pay equality signal from a report in the last five years, a director gender equality signal, or a social accolade.

  • Not-for-profit proxy15%See the data on Beauhurst

    Is limited by guarantee without share capital, a rough indicator of non-profit status.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

Compared to Leicestershire

The chart below places Charnwood's composite score alongside its neighbouring authorities in Leicestershire and the wider East Midlands.

Dots share one axis across the site. The line marks the UK benchmark of 1,000; differences are in points.

Frequently asked questions

Common questions about Charnwood's Local Growth Score and how it's calculated.

Read the methodology
What is Charnwood's UK Local Growth Index score?

Charnwood scores 1,005 on the UK Local Growth Index, placing it 88th of 361 local authorities and 5 points above the UK benchmark of 1,000.

How does Charnwood compare to other authorities in Leicestershire?

Charnwood ranks 2nd of 8 authorities in Leicestershire, scoring 36 points above the county average of 969.

How does Charnwood rank in the East Midlands?

Charnwood ranks 5th of 35 authorities in the East Midlands region, with a score 33 points above the regional average of 972.

Which pillar is Charnwood strongest on?

Innovation is Charnwood's strongest pillar, where it ranks 43rd of 361 authorities with a score of 1,043, placing it in the top 20% nationally and 43 points above the UK benchmark.

Where does Charnwood underperform relative to the UK?

Investment is the only pillar where Charnwood falls below the UK benchmark, scoring 965, which is 35 points below the national average of 1,000.

How many companies does the Charnwood score cover?

The score is based on 9,241 active companies in Charnwood, with corporate groups counted once rather than as separate registered entities.

Explore the data behind the index

Every score on this page is built from real, named company activity, patent filings, fundraisings, spinouts and scaleups. Book a call to see the data behind any authority's score, and how Beauhurst can support your work.

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