Oadby and Wigston scores 929 on the UK Local Growth Index, placing it 352nd of 361 local authorities and 71 points below the UK benchmark of 1,000. It ranks 8th of 8 authorities in Leicestershire, sitting 40 points below the county score of 969. All four pillars come in below the UK benchmark, with Investment the furthest behind.
Each score is calculated as an average across the authority's active companies, with corporate groups counted once. That averaging means a smaller authority with highly active companies can outscore a larger one, making this a fair comparison between authorities of very different sizes.
A score of 1,000 represents the UK as a whole, so Oadby and Wigston's 929 sits below the national average across all four pillars. The likely range of 911 to 947 shows how much the score could move with a slightly different mix of companies; a score is only published when that range is narrow enough to rely on.
East 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%.
How Oadby and Wigston's composite score of 929 is built up, pillar by pillar.
Innovation
933
Well below average nationally
800UK 1,0001,700+
−67 points against the UK · Likely range 906–960 · 30% of the composite
Innovation captures patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector presence. Oadby and Wigston scores 933 on this pillar, 67 points below the UK benchmark, ranking 314th of 361 authorities. It is the authority's strongest pillar, though it still outperforms only 13.0% of authorities nationally.
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
953
Well below average nationally
800UK 1,0001,700+
−47 points against the UK · Likely range 916–990 · 30% of the composite
Scaling measures scaleup status, headcount growth and accelerator attendance. At 953, the Scaling score is 47 points below the UK benchmark and ranks 329th of 360 authorities. That gap is the narrowest of any pillar here, suggesting local companies are closer to the national norm on workforce growth and high-growth signals than on other dimensions.
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
899
Well below average nationally
800UK 1,0001,700+
−101 points against the UK · Likely range 864–934 · 30% of the composite
Investment covers equity raisers, the amount of equity raised and first-time raisers, all within the last five years. Oadby and Wigston's score of 899 is 101 points below the UK benchmark, ranking 354th of 360 authorities and outperforming only 1.7% of authorities. This is the weakest area and the one with the largest gap to the UK average.
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
935
Well below average nationally
800UK 1,0001,700+
−65 points against the UK · Likely range 908–962 · 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. Oadby and Wigston scores 935, placing it 349th of 361 authorities and 65 points below the UK benchmark, with relatively limited ESG-related signals across its company base.
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 Leicestershire
The chart below sets Oadby and Wigston's composite score against neighbouring authorities in Leicestershire.
What is Oadby and Wigston's Local Growth Index score?
Oadby and Wigston scores 929, which is 71 points below the UK benchmark of 1,000. It ranks 352nd of 361 local authorities.
How does Oadby and Wigston compare to other authorities in Leicestershire?
It ranks 8th of 8 authorities in Leicestershire, scoring 40 points below the county average of 969.
Which pillar is strongest for Oadby and Wigston?
Innovation is the strongest pillar, scoring 933, though this is still 67 points below the UK benchmark and ranks 314th of 361 authorities.
Where does Oadby and Wigston perform weakest?
Investment is the weakest pillar, scoring 899 and ranking 354th of 360 authorities, 101 points below the UK benchmark. Very few authorities score lower on this dimension.
How many companies are counted in Oadby and Wigston's score?
The index covers 3,530 active companies in Oadby and Wigston, with corporate groups counted once rather than as separate registered entities.
What does the Local Growth Index actually measure?
It measures the characteristics of a local authority's companies across Innovation, Scaling, Investment and ESG. It is not a measure of economic output or GDP.
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.
