Newark and Sherwood

Newark and Sherwood scores 981 on the UK Local Growth Index, placing it 160th of 361 local authorities and 19 points below the UK benchmark. Its strongest result comes on ESG, where it ranks 88th nationally. Investment is the area where it trails the UK most noticeably.

  • Top pillar: ESG
  • Biggest opportunity: Investment
  • 5,197 active companies

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The composite score combines four pillars: Innovation, Scaling, Investment and ESG, weighted at 30%, 30%, 30% and 10% respectively.

Each score is averaged across active companies in the area, with corporate groups counted once. That averaging means a place's score reflects how active its companies are on each measure, not how large its economy is, which makes comparisons between authorities of very different sizes fair.

The UK as a whole scores 1,000, so Newark and Sherwood's composite of 981 places it just below the national baseline. Every score also comes with a likely range, which shows how much the result 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%970Average nationally
  • Scaling 30%1,005Above average nationally
  • Investment 30%942Average nationally
  • ESG 10%1,058Above average nationally

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Pillar breakdown

How Newark and Sherwood's composite score of 981 is built up, pillar by pillar.

Innovation

970

Average nationally

−30 points against the UK · Likely range 947–993 · 30% of the composite

Innovation covers patents, academic spinouts, R&D grant value, innovative sectors and IS-8 sector activity. Newark and Sherwood scores 970 on this pillar, 30 points below the UK benchmark, ranking 187th of 361 authorities. Companies in the district are somewhat less active on these innovation measures than 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

1,005

Above average nationally

+5 points against the UK · Likely range 972–1,038 · 30% of the composite

Scaling measures whether companies are scaleups, their headcount growth over recent years, and accelerator attendance. At 1,005, Newark and Sherwood sits 5 points above the UK benchmark and ranks 140th of 360 authorities, suggesting its companies are broadly keeping pace with national norms for workforce expansion and growth signals.

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

942

Average nationally

−58 points against the UK · Likely range 908–976 · 30% of the composite

Investment captures equity raisers, the value of equity raised and first-time raisers, all over the last five years. A score of 942 puts Newark and Sherwood 58 points below the UK benchmark and 187th of 360 authorities, making this the district's weakest pillar and the area where local companies are least active relative to the national picture.

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

1,058

Above average nationally

+58 points against the UK · Likely range 1,028–1,088 · 10% of the composite

ESG measures clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. Newark and Sherwood's score of 1,058 is 58 points above the UK benchmark, ranking 88th of 361 authorities and outperforming more than three quarters of all authorities. This is the district's standout pillar.

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 Nottinghamshire

The chart below places Newark and Sherwood's composite score alongside its neighbours in Nottinghamshire.

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 Newark and Sherwood's Local Growth Score and how it's calculated.

Read the methodology
What is Newark and Sherwood's Local Growth Index score?

Newark and Sherwood scores 981 on the UK Local Growth Index, placing it 160th of 361 local authorities and 19 points below the UK benchmark of 1,000.

How does Newark and Sherwood compare to the rest of Nottinghamshire?

Newark and Sherwood ranks 3rd of 8 local authorities in Nottinghamshire and scores 6 points below the county average of 987.

How does Newark and Sherwood perform on ESG?

ESG is the district's strongest pillar, with a score of 1,058, which is 58 points above the UK benchmark and good enough for 88th place out of 361 authorities nationally.

Where is Newark and Sherwood weakest on the index?

Investment is its lowest-scoring pillar at 942, some 58 points below the UK benchmark, reflecting relatively limited equity-raising activity among local companies.

How does Newark and Sherwood compare to the East Midlands?

Newark and Sherwood scores 9 points above the East Midlands regional average of 972, ranking 13th of 35 authorities in the region.

How many companies are counted in Newark and Sherwood's score?

The index covers 5,197 active companies in Newark and Sherwood, 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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