New Forest

New Forest scores 985 on the UK Local Growth Index, placing it 144th of 361 local authorities and 15 points below the UK benchmark. Its strongest result is on ESG, where it ranks 79th nationally, while investment is the area where it sits furthest below the UK average.

  • Top pillar: ESG
  • Biggest opportunity: Investment
  • 9,554 active companies

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The composite score for New Forest is built from four pillars: Innovation, Scaling, Investment and ESG, weighted at 30%, 30%, 30% and 10% respectively.

Each pillar score is averaged across the district's 9,554 active companies, with corporate groups counted once. That averaging means the index reflects how active local companies are on each measure, not the sheer size of the local economy, which makes it a fair basis for comparing authorities of very different scales.

The UK benchmark is set at 1,000, so a score of 985 places New Forest marginally below the national average. The likely range for this composite score runs from 972 to 998, 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.

South East

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%986Above average nationally
  • Scaling 30%1,010Above average nationally
  • Investment 30%930Below average nationally
  • ESG 10%1,068Above average nationally

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Pillar breakdown

How New Forest's composite score of 985 is built up, pillar by pillar.

Innovation

986

Above average nationally

−14 points against the UK · Likely range 967–1,005 · 30% of the composite

Innovation is measured through granted patent families, academic spinout status, R&D grant value, presence in innovative sectors, and coverage across the IS-8 sectors. New Forest scores 986 on this pillar, 14 points below the UK benchmark, ranking 134th of 361 authorities and outperforming 62.9% of them, a position just below the national average.

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

1,010

Above average nationally

+10 points against the UK · Likely range 986–1,034 · 30% of the composite

The Scaling pillar captures whether companies are growing headcount rapidly, whether they have attended an accelerator, and whether they qualify as scaleups. At 1,010, New Forest sits 10 points above the UK benchmark and ranks 108th of 360 authorities, outperforming 70.0% of them, a solid showing that indicates its companies are adding staff at a pace modestly ahead of the national picture.

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

930

Below average nationally

−70 points against the UK · Likely range 906–954 · 30% of the composite

Investment covers whether companies raised equity in the last five years, how much they raised, and whether they made their first-ever equity deal in that period. With a score of 930, New Forest is 70 points below the UK benchmark and ranks 235th of 360 authorities, the district's weakest result and the area where it has the most ground to make up relative to peers.

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

1,068

Above average nationally

+68 points against the UK · Likely range 1,049–1,087 · 10% of the composite

ESG looks at clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. New Forest's score of 1,068 is 68 points above the UK benchmark, ranking 79th of 361 authorities and outperforming 78.1% of them, the district's strongest pillar by a clear margin.

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 Hampshire

The chart below places New Forest's composite score alongside its neighbouring authorities in Hampshire, where it ranks 9th of 13 districts with a score 15 points below the county average of 1,000.

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 New Forest's Local Growth Score and how it's calculated.

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

New Forest scores 985, placing it 144th of 361 local authorities and 15 points below the UK benchmark of 1,000.

How does New Forest compare to the rest of Hampshire?

New Forest ranks 9th of 13 authorities in Hampshire and scores 15 points below the county average of 1,000.

Which pillar is New Forest strongest on?

ESG is New Forest's strongest pillar, with a score of 1,068, placing it 79th nationally and 68 points above the UK benchmark.

Where does New Forest rank on investment activity?

New Forest ranks 235th of 360 authorities on Investment, scoring 930, which is 70 points below the UK benchmark. This is its weakest pillar.

How does New Forest perform on business scaling?

On Scaling, New Forest ranks 108th of 360 authorities with a score of 1,010, putting it 10 points above the UK benchmark and ahead of 70.0% of authorities.

How many active companies does the New Forest index score cover?

The index covers 9,554 active companies in New Forest, 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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