Somerset

Somerset scores 979 on the UK Local Growth Index, placing it 165th of 361 local authorities and 21 points below the UK benchmark. Its strongest result is on ESG, where it ranks 71st nationally and sits 76 points above the UK. Innovation and Investment both trail the benchmark, and Scaling is the weakest pillar relative to other authorities in the area.

  • Top pillar: ESG
  • Biggest opportunity: Scaling
  • 27,022 active companies

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Somerset's composite score of 979 is built from four pillars: Innovation, Scaling, Investment and ESG, weighted 30%, 30%, 30% and 10% respectively.

Each score is an average across the authority's active companies, with corporate groups counted once. That averaging means places of very different sizes, Somerset has 27,022 active companies, can be compared fairly without larger economies automatically outscoring smaller ones.

The UK as a whole scores 1,000, so Somerset's 979 sits just below that national reference point. Every published score also comes with a likely range, which shows how much the score could move if the mix of companies were slightly different; Somerset's range of 971 to 987 is narrow enough that the score can be relied upon.

South 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%987Below average nationally
  • Investment 30%949Average nationally
  • ESG 10%1,076Well above average nationally

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Pillar breakdown

How Somerset's composite score of 979 is built up, pillar by pillar.

Innovation

970

Average nationally

−30 points against the UK · Likely range 960–980 · 30% of the composite

Innovation captures patents, R&D grant value, academic spinout status, and whether companies are tagged with innovative sectors or IS-8 sectors. Somerset ranks 190th of 361 authorities on this pillar, with a score of 970, placing it 30 points below the UK benchmark. It outperforms just under half of all authorities, suggesting innovation activity among local companies is broadly in line with, but modestly below, the national picture.

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

987

Below average nationally

−13 points against the UK · Likely range 973–1,001 · 30% of the composite

Scaling measures whether companies meet the 20% scaleup threshold, their three-year headcount growth rate, and whether they have attended an accelerator. At 987, Somerset's Scaling score is 13 points below the UK benchmark and ranks 218th of 360 authorities, making it the authority's weakest pillar by rank. Only around two in five authorities score lower, pointing to a business base where rapid growth is somewhat less common than the national 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

949

Average nationally

−51 points against the UK · Likely range 933–965 · 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 did so for the first time. Somerset's Investment score of 949 is 51 points below the UK benchmark, ranking 163rd of 360 authorities. That said, it outperforms just over half of all authorities, so access to equity among local companies, while below the national level, is not at the lower end of the distribution.

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

1,076

Well above average nationally

+76 points against the UK · Likely range 1,064–1,088 · 10% of the composite

ESG covers clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. Somerset's ESG score of 1,076 is 76 points above the UK benchmark and ranks 71st of 361 authorities, placing it in the top 20% nationally. This is the authority's standout pillar, outperforming more than four in five local authorities across 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 Somerset

The chart below sets Somerset's composite score of 979 alongside its county neighbours, including Bath and North East Somerset, which leads the county on 1,047.

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

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

Somerset scores 979 on the UK Local Growth Index, placing it 165th of 361 local authorities. That puts it 21 points below the UK benchmark of 1,000.

How does Somerset compare to the South West region?

Somerset scores 27 points below the South West regional score of 1,006, ranking 18th of the 27 authorities in the region.

Which pillar does Somerset score highest on?

Somerset's strongest pillar is ESG, where it scores 1,076, ranking 71st of 361 authorities and sitting 76 points above the UK benchmark.

How does Somerset perform on innovation?

Somerset ranks 190th of 361 authorities on Innovation, with a score of 970, which is 30 points below the UK benchmark. Innovation is measured using patents, R&D grant value, academic spinout status, and sector tags.

How many active companies are counted in Somerset's score?

The index counts 27,022 active companies in Somerset, with corporate groups counted once rather than as separate registered entities.

What does the likely range mean for Somerset's score?

Somerset's composite score of 979 comes with a likely range of 971 to 987. This shows how much the score could move with a slightly different mix of companies; the range is narrow enough that the score can be relied upon.

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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