Three Rivers

Three Rivers scores 977 on the UK Local Growth Index, placing it 173rd of 361 local authorities and 23 points below the UK benchmark. Innovation is its strongest pillar, nudging fractionally above the UK average, while Scaling and ESG are the areas where it trails most. The score sits within a likely range of 962 to 992, narrow enough to publish with confidence.

  • Top pillar: Innovation
  • Biggest opportunity: Scaling
  • 8,951 active companies

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The composite score for Three Rivers is built from four pillars: Innovation, Scaling, Investment and ESG, weighted 30%, 30%, 30% and 10% respectively, and covers 8,951 active companies with corporate groups counted once.

Each pillar score is an average across those companies, which means the index reflects how active local companies are on each measure rather than the sheer size of the local economy. That makes it a fair basis for comparing authorities of very different scales.

The UK as a whole scores 1,000 on the benchmark, so Three Rivers at 977 sits slightly below the national average. The likely range of 962 to 992 shows how much the score could move with a slightly different mix of companies; because that range is narrow, the score is reliable enough to publish.

East of England

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%1,005Above average nationally
  • Scaling 30%972Below average nationally
  • Investment 30%952Average nationally
  • ESG 10%981Below average nationally

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

Pillar breakdown

How Three Rivers's composite score of 977 is built up, pillar by pillar.

Innovation

1,005

Above average nationally

+5 points against the UK · Likely range 984–1,026 · 30% of the composite

Innovation covers patents, academic spinouts, R&D grant value, innovative sectors and IS-8 sector membership. Three Rivers ranks 96th of 361 authorities on this pillar, scoring 1,005, which is 5 points above the UK benchmark, placing it in the top third of all authorities nationally and above both its county and regional contexts.

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

972

Below average nationally

−28 points against the UK · Likely range 949–995 · 30% of the composite

The Scaling pillar measures scaleup status, headcount growth and accelerator participation. At 972, Three Rivers sits 28 points below the UK average and ranks 286th of 360 authorities, suggesting its companies are adding staff and reaching scaleup thresholds at a noticeably slower rate than is typical across the UK.

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

952

Average nationally

−48 points against the UK · Likely range 924–980 · 30% of the composite

Investment captures whether companies have raised equity in the last five years, how much they raised and whether they were first-time equity raisers. Three Rivers ranks 150th of 360 on this pillar with a score of 952, which is 48 points below the UK benchmark, indicating that equity activity among its companies is below the national average, though it outperforms more than half of all authorities.

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

981

Below average nationally

−19 points against the UK · Likely range 964–998 · 10% of the composite

The ESG pillar reflects clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. Three Rivers scores 981 here, 19 points below the UK average, and ranks 276th of 361 authorities, pointing to relatively limited ESG-related signals among its companies compared with most of the country.

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 Hertfordshire

The chart below sets Three Rivers' composite score of 977 alongside its neighbouring authorities in Hertfordshire, where it ranks 7th of 10 districts, 7 points below the county average of 984.

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 Three Rivers's Local Growth Score and how it's calculated.

Read the methodology
What is Three Rivers' score on the UK Local Growth Index?

Three Rivers scores 977, placing it 173rd of 361 local authorities and 23 points below the UK benchmark of 1,000.

How does Three Rivers compare with the rest of Hertfordshire?

Three Rivers ranks 7th of the 10 districts in Hertfordshire and sits 7 points below the county average of 984. Stevenage is the top-ranked authority in the county with a score of 1,030.

Which pillar is strongest for Three Rivers?

Innovation is Three Rivers' strongest pillar, with a score of 1,005, which is 5 points above the UK average and places it 96th of 361 authorities nationally.

Where does Three Rivers rank in the East of England region?

Three Rivers ranks 19th of the 45 authorities in the East of England and scores 14 points below the regional average of 991.

How many companies are counted in Three Rivers' score?

The index covers 8,951 active companies in Three Rivers, with corporate groups counted once rather than as individual registered entities.

What does the likely range mean for Three Rivers' score?

The likely range of 962 to 992 shows how much the composite score could move with a slightly different mix of companies. Because the range is narrow, the score is considered reliable enough to publish.

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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