Cannock Chase

Cannock Chase scores 943 on the UK Local Growth Index, placing it 318th of 361 local authorities and 57 points below the UK benchmark. Its strongest result is on Scaling, where it sits close to the national average, while Investment is the area of greatest distance from the UK benchmark. Both its county and regional peers score above it.

  • Top pillar: Scaling
  • Biggest opportunity: Investment
  • 5,053 active companies

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The composite score for Cannock Chase is built from 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 approach means the index reflects how active local companies are rather than how large the local economy is, allowing a fair comparison between authorities of very different sizes.

The UK as a whole scores 1,000, so Cannock Chase's composite of 943 sits below that national benchmark. Every score also comes with a likely range showing how much it could move with a slightly different mix of companies; a score is only published when that range is narrow enough to rely on.

West 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%923Well below average nationally
  • Scaling 30%995Average nationally
  • Investment 30%904Well below average nationally
  • ESG 10%967Well below average nationally

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

Pillar breakdown

How Cannock Chase's composite score of 943 is built up, pillar by pillar.

Innovation

923

Well below average nationally

−77 points against the UK · Likely range 901–945 · 30% of the composite

Innovation captures patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector tags. Cannock Chase scores 923 on this pillar, 77 points below the UK benchmark, ranking 338th of 361 authorities. That places it among the lower-scoring authorities nationally, outperforming only 6.4% of peers on this dimension.

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

995

Average nationally

−5 points against the UK · Likely range 964–1,026 · 30% of the composite

The Scaling pillar measures scaleups, headcount growth and accelerator participation. At 995, Cannock Chase is just 5 points below the UK benchmark and ranks 192nd of 360 authorities, its strongest result across all four pillars. Local companies are adding staff at a rate broadly in line with the national picture.

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

904

Well below average nationally

−96 points against the UK · Likely range 875–933 · 30% of the composite

Investment covers whether companies have raised equity in the last five years, how much they raised and whether their first-ever equity deal was recent. Cannock Chase scores 904 here, 96 points below the UK benchmark, and ranks 344th of 360 authorities. This is its weakest pillar, with equity activity among local companies noticeably below the national level.

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

967

Well below average nationally

−33 points against the UK · Likely range 945–989 · 10% of the composite

The ESG pillar captures clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. Cannock Chase scores 967, 33 points below the UK benchmark, and ranks 304th of 361 authorities, outperforming 15.8% of peers 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 Staffordshire

The chart below sets Cannock Chase's composite score against its neighbours in Staffordshire and the wider West Midlands region.

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 Cannock Chase's Local Growth Score and how it's calculated.

Read the methodology
What is Cannock Chase's overall score on the UK Local Growth Index?

Cannock Chase scores 943, placing it 318th of 361 local authorities and 57 points below the UK benchmark of 1,000.

How does Cannock Chase compare with the rest of Staffordshire?

Cannock Chase ranks 8th of 9 authorities in Staffordshire and scores 25 points below the county average of 968.

Which pillar is Cannock Chase strongest on?

Scaling is its strongest pillar, with a score of 995, just 5 points below the UK benchmark and a national rank of 192nd of 360 authorities.

Where does Cannock Chase rank on Investment?

Investment is its weakest area: it scores 904, 96 points below the UK benchmark, and ranks 344th of 360 authorities nationally.

How does Cannock Chase's score compare with the West Midlands region?

The regional average is 965, so Cannock Chase sits 22 points below it. It ranks 26th of 30 authorities in the West Midlands.

How many companies are counted in Cannock Chase's scores?

The scores are based on 5,053 active companies in Cannock Chase, with corporate groups counted once rather than as individual 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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