North Warwickshire

North Warwickshire scores 1,002 on the UK Local Growth Index, placing it 94th of 361 local authorities and 2 points above the UK benchmark. Its standout result is on Scaling, where it ranks 9th nationally. Investment is the area where local companies are least active relative to the UK average.

  • Top pillar: Scaling
  • Biggest opportunity: Investment
  • 3,134 active companies

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The composite score is built from four pillars: Innovation, Scaling, Investment and ESG, weighted at 30%, 30%, 30% and 10% respectively.

Each score is averaged across the authority's active companies, with corporate groups counted once, so it reflects how active local companies are rather than the size of the local economy. That makes it a fair comparison between authorities with very different numbers of businesses.

The UK benchmark is set at 1,000, so North Warwickshire's composite score of 1,002 puts it fractionally ahead of the national average. The likely range for that score is 975 to 1,029, which shows how much it could shift 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%968Average nationally
  • Scaling 30%1,096Well above average nationally
  • Investment 30%929Below average nationally
  • ESG 10%1,035Above average nationally

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Pillar breakdown

How North Warwickshire's composite score of 1,002 is built up, pillar by pillar.

Innovation

968

Average nationally

−32 points against the UK · Likely range 935–1,001 · 30% of the composite

Innovation measures patents, academic spinout status, R&D grant value, classification in innovative sectors and IS-8 sector membership. North Warwickshire ranks 198th of 361 authorities on this pillar, scoring 32 points below the UK benchmark, suggesting its companies are less active on these innovation signals than is typical nationally.

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

1,096

Well above average nationally

+96 points against the UK · Likely range 1,043–1,149 · 30% of the composite

Scaling measures scaleup status, headcount growth and accelerator attendance. North Warwickshire ranks 9th of 360 authorities here, scoring 96 points above the UK benchmark and placing it in the top 5% nationally. Companies in the authority are adding staff considerably faster than the UK average, making this by far its strongest pillar.

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

929

Below average nationally

−71 points against the UK · Likely range 888–970 · 30% of the composite

Investment measures whether companies raised equity in the last five years, the amount raised and whether a raise was a company's first ever equity deal. At 71 points below the UK benchmark and ranked 245th of 360 authorities, North Warwickshire's companies are less active in equity markets than most of the country.

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

1,035

Above average nationally

+35 points against the UK · Likely range 999–1,071 · 10% of the composite

ESG measures clean energy activity, other green activity, environmental accolades, social and governance signals and not-for-profit proxy status. North Warwickshire scores 35 points above the UK benchmark and ranks 118th of 361 authorities, placing it in the top third nationally on this pillar.

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 Warwickshire

The chart below compares North Warwickshire's composite score of 1,002 with those of its neighbours in Warwickshire, where it ranks 3rd of 5 authorities.

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 North Warwickshire's Local Growth Score and how it's calculated.

Read the methodology
What is North Warwickshire's overall Local Growth Index score?

North Warwickshire scores 1,002, placing it 94th of 361 local authorities and 2 points above the UK benchmark of 1,000.

How does North Warwickshire compare with the rest of Warwickshire?

It ranks 3rd of the 5 authorities in Warwickshire, scoring 3 points above the county average of 999.

What is North Warwickshire's strongest pillar?

Scaling is its strongest pillar, with a score of 1,096, placing it 9th of 360 authorities and 96 points above the UK benchmark.

Where does North Warwickshire rank on Investment?

It ranks 245th of 360 authorities on Investment, scoring 71 points below the UK benchmark, making this its weakest pillar.

How does North Warwickshire perform in the West Midlands region?

It ranks 4th of 30 authorities in the West Midlands and scores 37 points above the regional average of 965.

How many companies are counted in North Warwickshire's score?

The index covers 3,134 active companies in North Warwickshire, with corporate groups counted once rather than as separate 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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