Redditch

Redditch scores 982 on the UK Local Growth Index, placing it 152nd of 361 local authorities and 18 points below the UK benchmark. Its strongest result is on Scaling, where it ranks 20th nationally, well inside the top 10% of authorities. Investment is the area of greatest contrast, sitting 92 points below the UK benchmark.

  • Top pillar: Scaling
  • Biggest opportunity: Investment
  • 4,280 active companies

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The composite score for Redditch is built from four pillars: Innovation, Scaling, Investment and ESG, weighted 30%, 30%, 30% and 10% respectively, across 4,280 active companies with corporate groups counted once.

Each score is averaged across a local authority's companies, which means a smaller authority with highly active businesses can rank above a much larger one. That makes this a fair basis for comparing Redditch with authorities of any size.

The UK as a whole scores 1,000, so Redditch's composite of 982 sits just below that national reference point. The likely range of 963 to 1,001 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.

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%976Average nationally
  • Scaling 30%1,061Well above average nationally
  • Investment 30%908Well below average nationally
  • ESG 10%987Below average nationally

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

Pillar breakdown

How Redditch's composite score of 982 is built up, pillar by pillar.

Innovation

976

Average nationally

−24 points against the UK · Likely range 951–1,001 · 30% of the composite

Innovation captures patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector membership. Redditch scores 976 on this pillar, placing it 168th of 361 authorities and 24 points below the UK benchmark, indicating that its companies are broadly in line with, though slightly behind, national norms on these innovation signals.

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

1,061

Well above average nationally

+61 points against the UK · Likely range 1,018–1,104 · 30% of the composite

Scaling covers whether companies are 20% scaleups, their annualised headcount growth over the latest four years, and whether they have attended an accelerator. Redditch ranks 20th of 360 authorities here, scoring 1,061, which is 61 points above the UK benchmark. That puts it in the top 10% nationally and ahead of 94.4% of all authorities, making this by some margin its standout 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

908

Well below average nationally

−92 points against the UK · Likely range 875–941 · 30% of the composite

Investment reflects whether companies have raised equity in the last five years, how much they raised, and whether they were first-time raisers. At 908, Redditch's Investment score is 92 points below the UK benchmark and ranks 328th of 360 authorities, suggesting that equity funding activity among its companies is considerably below the national average.

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

987

Below average nationally

−13 points against the UK · Likely range 961–1,013 · 10% of the composite

The ESG pillar draws on clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. Redditch scores 987 here, 13 points below the UK benchmark, ranking 257th of 361 authorities. That places it in the lower half nationally on ESG but relatively close to the UK reference point.

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 Worcestershire

The chart below shows how Redditch's composite score of 982 compares with its neighbours across Worcestershire.

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 Redditch's Local Growth Score and how it's calculated.

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

Redditch scores 982, placing it 152nd of 361 local authorities and 18 points below the UK benchmark of 1,000.

How does Redditch compare with the rest of Worcestershire?

Redditch ranks 4th of 6 authorities in Worcestershire, scoring 1 point below the county average of 983. The county runner-up, Malvern Hills, scores 1,017.

Which pillar is Redditch's strongest?

Scaling is Redditch's strongest pillar, with a score of 1,061 that sits 61 points above the UK benchmark. It ranks 20th of 360 authorities on this measure, placing it in the top 10% nationally.

Where does Redditch rank on Investment?

Redditch ranks 328th of 360 authorities on Investment, with a score of 908, which is 92 points below the UK benchmark. This is its weakest pillar by a clear margin.

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

Redditch scores 17 points above the West Midlands regional average of 965, ranking 8th of 30 authorities in the region.

How many companies are counted in Redditch's score?

The index covers 4,280 active companies in Redditch, 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.

Book a call with Beauhurst