Ceredigion scores 1,010 on the UK Local Growth Index, placing it 76th of 361 local authorities and 10 points above the UK benchmark. Its strongest result is on ESG, where it ranks 13th nationally. Scaling is the area where its companies sit furthest below the UK average.
Each score is an average across those companies rather than a total, which means a smaller authority like Ceredigion can be compared fairly with much larger ones: the figure reflects how active local companies are on each measure, not the overall size of the local economy.
The UK benchmark is set at 1,000, so Ceredigion's composite score of 1,010 places it marginally above that national reference point. The likely range of 980 to 1,040 shows how far the score might move with a slightly different mix of companies; because that range is narrow enough to be reliable, the score is published.
Wales
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%.
How Ceredigion's composite score of 1,010 is built up, pillar by pillar.
Innovation
1,020
Well above average nationally
800UK 1,0001,700+
+20 points against the UK · Likely range 966–1,074 · 30% of the composite
Innovation covers patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector membership. Ceredigion ranks 68th of 361 authorities on this pillar, scoring 20 points above the UK benchmark, and outperforms 81.2% of all authorities, placing it in the top 20%.
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.
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
984
Below average nationally
800UK 1,0001,700+
−16 points against the UK · Likely range 936–1,032 · 30% of the composite
Scaling measures whether companies are 20% scaleups, their annualised headcount growth, and whether they have attended an accelerator. At 984, Ceredigion's Scaling score sits 16 points below the UK benchmark, ranking 236th of 360 authorities, and outperforms just 34.4% of peers, making this the area with the most room to close the gap on the national average.
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.
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
982
Above average nationally
800UK 1,0001,700+
−18 points against the UK · Likely range 927–1,037 · 30% of the composite
Investment looks at whether companies raised equity in the last five years, the amount raised, and whether a raise was a first-time deal. Ceredigion ranks 81st of 360 authorities, scoring 982, which is 18 points below the UK benchmark, yet still outperforms 77.5% of authorities, placing it in the top 25% nationally.
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
1,143
Well above average nationally
800UK 1,0001,700+
+143 points against the UK · Likely range 1,098–1,188 · 10% of the composite
ESG captures clean energy activity, other green activity, environmental accolades, social and governance signals, and a not-for-profit proxy. Ceredigion's ESG score of 1,143 is 143 points above the UK benchmark, ranking 13th of 361 authorities and outperforming 96.4% of all local authorities, making this by far its strongest pillar.
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 Wales
The chart below places Ceredigion's composite score alongside its neighbours in Wales, where it scores 14 points above the Wales average of 996 and ranks 6th of 22 Welsh authorities.
What is Ceredigion's score on the UK Local Growth Index?
Ceredigion scores 1,010, placing it 76th of 361 local authorities and 10 points above the UK benchmark of 1,000.
How does Ceredigion compare with the rest of Wales?
Ceredigion ranks 6th of 22 Welsh authorities, scoring 14 points above the Wales average of 996.
Which pillar is Ceredigion's strongest?
ESG is Ceredigion's strongest pillar, with a score of 1,143 that sits 143 points above the UK benchmark and ranks 13th of 361 authorities nationally.
Where does Ceredigion rank on Innovation?
Ceredigion ranks 68th of 361 authorities on Innovation, scoring 1,020, which is 20 points above the UK benchmark and in the top 20% nationally.
How many companies are counted in Ceredigion's score?
The score covers 2,742 active companies, with corporate groups counted once rather than as individual registered entities.
What does a likely range mean for Ceredigion's score?
The likely range of 980 to 1,040 shows how much the composite score could shift 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.
