Greenwich scores 952 on the UK Local Growth Index, placing it 288th of 361 local authorities and 48 points below the UK benchmark of 1,000. Within Greater London, it ranks 18th of 32 boroughs, sitting 69 points below the county score and 81 points below the London average. Investment is its relative strength, where it sits in the top half of all authorities nationally.
Each score is averaged across active companies in the area, with corporate groups counted once, which means a smaller authority with highly active companies can outscore a larger one. That makes the index a fair comparison between authorities of very different sizes.
The UK benchmark is set at 1,000, so a score of 952 places Greenwich below the national average across its 20,878 active companies. The likely range of 944 to 960 shows 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.
London
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%.
How Greenwich's composite score of 952 is built up, pillar by pillar.
Innovation
942
Below average nationally
800UK 1,0001,700+
−58 points against the UK · Likely range 931–953 · 30% of the composite
Innovation captures patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector membership. Greenwich scores 942 on this pillar, 58 points below the UK benchmark, ranking 287th of 361 authorities and outperforming only 20.5% of them. That places its companies among the less innovation-active in the country by these measures.
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.
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
961
Well below average nationally
800UK 1,0001,700+
−39 points against the UK · Likely range 946–976 · 30% of the composite
Scaling measures whether companies are scaleups, their headcount growth over recent years and whether they have attended an accelerator. At 961, Greenwich sits 39 points below the UK benchmark and ranks 312th of 360 authorities, with its companies outperforming just 13.3% of other local economies on these growth signals.
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.
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
949
Average nationally
800UK 1,0001,700+
−51 points against the UK · Likely range 931–967 · 30% of the composite
Investment covers equity raisers, the value of equity raised and first-time raisers, all within the last five years. With a score of 949, Greenwich ranks 162nd of 360 authorities and outperforms 55.0% of them, making this its strongest pillar and the only one where it sits in the top half nationally, though it still falls 51 points below the UK benchmark.
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
959
Well below average nationally
800UK 1,0001,700+
−41 points against the UK · Likely range 948–970 · 10% of the composite
ESG reflects clean energy activity, other green activity, environmental accolades, social and governance signals, and a not-for-profit proxy. Greenwich scores 959 here, 41 points below the UK benchmark, and ranks 314th of 361 authorities, outperforming 13.0% of local economies. This is its lowest-ranked pillar, though it carries the lightest weight in the composite.
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 Greater London
The chart below compares Greenwich's composite score and pillar scores with those of neighbouring authorities in Greater London.
Greenwich scores 952 on the UK Local Growth Index, placing it 288th of 361 local authorities and 48 points below the UK benchmark of 1,000.
How does Greenwich compare with the rest of London?
Within Greater London, Greenwich ranks 18th of 32 boroughs, sitting 69 points below the county score of 1,021 and 81 points below the London regional score of 1,033.
Which pillar is Greenwich's strongest?
Investment is Greenwich's highest-ranked pillar, where it sits 162nd of 360 authorities and outperforms 55.0% of local economies, making it the only pillar where Greenwich places in the top half nationally.
How many active companies are counted in Greenwich's score?
The score is based on 20,878 active companies, with corporate groups counted once rather than as separate registered entities.
What does the UK benchmark of 1,000 mean?
The index is calibrated so that the UK as a whole scores 1,000. Any authority scoring above 1,000 is performing above the national average; Greenwich's score of 952 places it below it.
How reliable is Greenwich's Local Growth Index score?
The composite score has a likely range of 944 to 960, which is narrow enough for the score to be published with confidence. All four pillar scores are also shown, meaning each has a sufficiently tight range to rely on.
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.
