Harborough

Harborough scores 990 on the UK Local Growth Index, placing it 128th of 361 local authorities and 10 points below the UK benchmark of 1,000. It sits 21 points above the Leicestershire county average and 18 points above the East Midlands regional average. Its strongest relative position is on Investment, where it ranks 93rd nationally, and on Scaling, where it ranks 103rd.

  • Top pillar: Investment
  • Biggest opportunity: ESG
  • 6,760 active companies

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Harborough's composite score of 990 is built from four pillars: Innovation, Scaling, Investment and ESG, weighted at 30%, 30%, 30% and 10% respectively, across 6,760 active companies with corporate groups counted once.

Because each score is averaged across a local authority's companies rather than summed, the index compares places of very different sizes on equal terms: a district with fewer companies is not penalised simply for being smaller.

The UK as a whole scores 1,000, so Harborough's 990 places it just below the national level. Every score also comes with a likely range showing how much it could move with a slightly different mix of companies; a score is only published when that range is narrow enough to rely on, and Harborough's range of 973 to 1,007 meets that threshold.

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%984Above average nationally
  • Scaling 30%1,012Above average nationally
  • Investment 30%973Above average nationally
  • ESG 10%997Below average nationally

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Pillar breakdown

How Harborough's composite score of 990 is built up, pillar by pillar.

Innovation

984

Above average nationally

−16 points against the UK · Likely range 962–1,006 · 30% of the composite

Innovation captures patents, academic spinout status, R&D grant value, innovative sector tags and IS-8 sector classification. Harborough scores 984 on this pillar, 16 points below the UK benchmark, placing it 143rd of 361 authorities and in the top half nationally. Its companies outperform 60.4% of all local authorities on this measure.

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

1,012

Above average nationally

+12 points against the UK · Likely range 984–1,040 · 30% of the composite

Scaling reflects whether companies meet the 20% scaleup threshold, their annualised headcount growth over recent years, and whether they have attended an accelerator. Harborough ranks 103rd of 360 authorities with a score of 1,012, putting it 12 points above the UK benchmark and in the top third nationally. Its companies outperform 71.4% of authorities on this pillar.

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

973

Above average nationally

−27 points against the UK · Likely range 940–1,006 · 30% of the composite

Investment measures equity-raising activity: whether companies raised equity in the last five years, how much they raised, and whether they did so for the first time. Harborough ranks 93rd of 360 authorities here, outperforming 74.2% of all local authorities, though its score of 973 remains 27 points below the UK benchmark. This is Harborough's strongest pillar by national rank.

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

997

Below average nationally

−3 points against the UK · Likely range 974–1,020 · 10% of the composite

ESG covers clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. Harborough scores 997 on this pillar, just 3 points below the UK benchmark, but ranks 228th of 361 authorities, outperforming only 36.8% of local authorities. This is the area's weakest pillar by national rank.

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 compares Harborough's composite score against its neighbouring authorities in Leicestershire, where it ranks 4th of 8 and leads the county average by 21 points.

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 Harborough's Local Growth Score and how it's calculated.

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

Harborough scores 990, placing it 128th of 361 local authorities and 10 points below the UK benchmark of 1,000.

How does Harborough compare to the rest of Leicestershire?

Harborough ranks 4th of 8 authorities in Leicestershire and scores 21 points above the county average of 969.

How does Harborough compare to the East Midlands average?

Harborough's composite score of 990 is 18 points above the East Midlands regional average of 972, placing it 10th of 35 authorities in the region.

Which pillar is Harborough strongest on?

By national rank, Harborough performs best on Investment, where it ranks 93rd of 360 authorities and outperforms 74.2% of local authorities. This pillar measures equity-raising activity among local companies.

How many companies are counted in Harborough's score?

The index counts 6,760 active companies in Harborough, with corporate groups counted once rather than as individual registered entities.

What does the UK benchmark of 1,000 mean?

The UK as a whole scores 1,000 on each measure, so any authority's score can be read directly against that baseline. Harborough's composite score of 990 means its companies sit just below the national average across the four pillars.

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.

Book a call with Beauhurst