Pendle

Pendle scores 942 on the Local Growth Index, placing it 321st of 361 UK local authorities and 58 points below the UK benchmark. Its strongest pillar is ESG, which sits closest to the UK average, while Scaling is its weakest, ranking 334th of 360 authorities. All four pillar scores are published, giving a reliable picture of Pendle's business economy.

  • Top pillar: ESG
  • Biggest opportunity: Scaling
  • 4,742 active companies

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Pendle's composite score of 942 is built from four pillars: Innovation, Scaling, Investment and ESG, weighted at 30%, 30%, 30% and 10% respectively.

The index measures the characteristics of active companies in each area, with corporate groups counted once. Because each score is an average across those companies rather than a total, authorities with very different numbers of businesses can be compared fairly.

The UK as a whole scores 1,000, so Pendle's 942 places it 58 points below that national benchmark, based on 4,742 active companies. The likely range of 926 to 958 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.

North West

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%944Below average nationally
  • Scaling 30%951Well below average nationally
  • Investment 30%917Well below average nationally
  • ESG 10%986Below average nationally

Want to learn more about the scores? Speak to an expert

Pillar breakdown

How Pendle's composite score of 942 is built up, pillar by pillar.

Innovation

944

Below average nationally

−56 points against the UK · Likely range 921–967 · 30% of the composite

Innovation captures patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector tags. Pendle ranks 281st of 361 authorities on this pillar, scoring 944, which is 56 points below the UK benchmark, and outperforms only 22.2% of authorities.

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

951

Well below average nationally

−49 points against the UK · Likely range 919–983 · 30% of the composite

Scaling measures whether companies are scaleups, their headcount growth over recent years and whether they have attended an accelerator. At 334th of 360 authorities and 49 points below the UK, this is Pendle's weakest pillar, with only 7.2% of authorities scoring lower.

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

917

Well below average nationally

−83 points against the UK · Likely range 885–949 · 30% of the composite

Investment reflects equity-raising activity: whether companies raised equity in the last five years, how much they raised and whether they were first-time raisers in that period. Pendle ranks 294th of 360 authorities here, scoring 917, which is 83 points below the UK benchmark and the largest gap to the national average of any of its pillars.

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

986

Below average nationally

−14 points against the UK · Likely range 960–1,012 · 10% of the composite

ESG covers clean energy activity, other green activity, environmental accolades, social and governance signals and a not-for-profit proxy. At 986, Pendle is only 14 points below the UK benchmark on this pillar, ranking 258th of 361 authorities and outperforming 28.5% of them. This is Pendle's strongest result relative to the UK.

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 Lancashire

The chart below compares Pendle's composite score of 942 with its Lancashire neighbours, where Pendle sits 18 points below the county average of 960 and ranks 13th of 14 Lancashire authorities.

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

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

Pendle scores 942 on the Local Growth Index, placing it 321st of 361 UK local authorities. That is 58 points below the UK benchmark of 1,000.

How does Pendle compare with the rest of Lancashire?

Pendle ranks 13th of 14 Lancashire authorities, scoring 18 points below the county average of 960. Lancaster is the county's highest-scoring authority at 1,025.

How does Pendle compare with the North West region?

Pendle ranks 28th of 35 North West authorities and scores 31 points below the regional average of 973.

Which pillar is Pendle strongest on?

ESG is Pendle's strongest pillar, scoring 986, just 14 points below the UK benchmark. It ranks 258th of 361 authorities on this measure.

Which pillar is Pendle weakest on?

Scaling is Pendle's weakest pillar, ranking 334th of 360 authorities and scoring 49 points below the UK benchmark. Only 7.2% of authorities score lower.

How many companies are counted in Pendle's score?

The index is based on 4,742 active companies in Pendle, 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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