Rossendale

Rossendale scores 950 on the UK Local Growth Index, placing it 296th of 361 local authorities and 50 points below the UK benchmark. Its strongest pillar is Innovation, which sits closest to the national average, while Investment and Scaling both fall further behind. The score puts Rossendale 9th of 14 authorities in Lancashire and 24th of 35 in the North West.

  • Top pillar: Innovation
  • Biggest opportunity: Scaling
  • 3,238 active companies

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Rossendale's composite score of 950 is built from four pillars: Innovation, Scaling, Investment and ESG, weighted 30%, 30%, 30% and 10% respectively, across 3,238 active companies with corporate groups counted once.

Each pillar score is an average across a local authority's companies, which means a place with fewer but more active businesses can score just as well as a larger economy. That makes the index a fair basis for comparing authorities of very different sizes.

The UK as a whole scores 1,000, so Rossendale's composite of 950 sits 50 points below that benchmark. The likely range of 930 to 970 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%970Average nationally
  • Scaling 30%951Well below average nationally
  • Investment 30%914Well below average nationally
  • ESG 10%991Below average nationally

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

Pillar breakdown

How Rossendale's composite score of 950 is built up, pillar by pillar.

Innovation

970

Average nationally

−30 points against the UK · Likely range 940–1,000 · 30% of the composite

Innovation covers patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector tags. Rossendale ranks 188th of 361 authorities on this pillar, 30 points below the UK benchmark, outperforming just under half of all authorities. It is the district's strongest pillar, though it still falls short of 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

951

Well below average nationally

−49 points against the UK · Likely range 913–989 · 30% of the composite

Scaling measures whether companies are scaleups, their headcount growth, and whether they have attended an accelerator. At 336th of 360 authorities and 49 points below the UK benchmark, this is Rossendale's weakest pillar, with only 6.7% of authorities scoring lower. Companies in the district are adding staff at a noticeably slower rate than the UK average.

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

914

Well below average nationally

−86 points against the UK · Likely range 876–952 · 30% of the composite

Investment captures equity-raising activity, the amount of equity raised and first-time raisers over the last five years. Rossendale ranks 308th of 360 authorities on this pillar, 86 points below the UK benchmark. That gap points to relatively limited equity financing activity among its companies.

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

991

Below average nationally

−9 points against the UK · Likely range 961–1,021 · 10% of the composite

ESG covers clean energy, other green activity, environmental accolades, social and governance signals, and a not-for-profit proxy. Rossendale ranks 245th of 361 on ESG, just 9 points below the UK benchmark, the closest any of its pillars comes to the national average. It outperforms 32.1% of authorities on this measure.

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 places Rossendale's composite score alongside its Lancashire neighbours, including the county runner-up Lancaster, which scores 1,025.

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

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

Rossendale scores 950, placing it 296th of 361 local authorities and 50 points below the UK benchmark of 1,000.

How does Rossendale compare to the rest of Lancashire?

Rossendale ranks 9th of 14 authorities in Lancashire and scores 10 points below the county average of 960.

Which pillar is Rossendale strongest on?

Innovation is Rossendale's highest-scoring pillar at 970, ranking 188th of 361 authorities and 30 points below the UK benchmark.

Where does Rossendale rank on Scaling?

Rossendale ranks 336th of 360 authorities on Scaling, its weakest pillar, scoring 49 points below the UK benchmark.

How many companies are counted in Rossendale's score?

The score is based on 3,238 active companies, with corporate groups counted once rather than as separate registered entities.

What does the likely range on Rossendale's score mean?

The likely range of 930 to 970 shows how much the composite score could move with a slightly different mix of companies. A score is only published when that range is narrow enough 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.

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