Blaby

Blaby ranks 207th of 361 local authorities in the UK Local Growth Index, with a composite score of 971, placing it 29 points below the UK benchmark. Scaling is a clear strength, with Blaby sitting inside the top 10% of authorities on that pillar. Investment is the area where local companies score furthest below the UK average.

  • Top pillar: Scaling
  • Biggest opportunity: Investment
  • 6,308 active companies

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Blaby's composite score of 971 is built from four pillars: Innovation, Scaling, Investment and ESG, weighted 30%, 30%, 30% and 10% respectively.

Each score is averaged across the district's 6,308 active companies, with corporate groups counted once. That approach means a small authority with highly active companies can outscore a much larger one, making this a fair comparison between authorities of very different sizes.

The UK as a whole scores 1,000, so Blaby's composite of 971 sits 29 points below that national reference point. The likely range for the composite score is 956 to 986, which 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%.

  • Innovation 30%956Below average nationally
  • Scaling 30%1,051Well above average nationally
  • Investment 30%904Well below average nationally
  • ESG 10%977Below average nationally

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

Pillar breakdown

How Blaby's composite score of 971 is built up, pillar by pillar.

Innovation

956

Below average nationally

−44 points against the UK · Likely range 935–977 · 30% of the composite

Innovation tracks patents, academic spinouts, R&D grant value, membership of innovative sectors and coverage of IS-8 sectors. Blaby's Innovation score of 956 is 44 points below the UK benchmark, placing it 238th of 361 authorities and suggesting local companies show relatively limited activity on these measures compared with the national picture.

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

1,051

Well above average nationally

+51 points against the UK · Likely range 1,018–1,084 · 30% of the composite

Scaling captures whether companies are high-growth scaleups, their annualised headcount growth rate and whether they have attended an accelerator. On this pillar, Blaby ranks 28th of 360 authorities, scoring 1,051, which is 51 points above the UK benchmark and puts it inside the top 10% nationally. Companies in the district are adding staff noticeably faster than the UK average.

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 878–930 · 30% of the composite

Investment measures equity-raising activity, the amount of equity raised in the last five years and whether companies are first-time raisers. Blaby's score of 904 is 96 points below the UK benchmark, ranking 342nd of 360 authorities. Equity financing activity among local companies is considerably 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

977

Below average nationally

−23 points against the UK · Likely range 956–998 · 10% of the composite

The ESG pillar covers clean energy, other green activity, environmental accolades, social and governance signals, and a not-for-profit proxy. Blaby scores 977 on ESG, 23 points below the UK benchmark, ranking 284th of 361 authorities. Local companies show moderate engagement with these measures relative to the UK as a whole.

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 Leicestershire

The chart below places Blaby's composite score alongside its Leicestershire neighbours, where it ranks 6th of 8 authorities in the county, sitting 2 points above the county average of 969.

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

Read the methodology
What is Blaby's score in the UK Local Growth Index?

Blaby has a composite score of 971, placing it 207th of 361 local authorities and 29 points below the UK benchmark of 1,000.

How does Blaby compare with other Leicestershire authorities?

Blaby ranks 6th of 8 authorities in Leicestershire, sitting 2 points above the county average of 969. The highest-scoring Leicestershire authority in the index is North West Leicestershire, which scores 1,038.

Which pillar is Blaby strongest on?

Scaling is Blaby's top-performing pillar, with a score of 1,051, putting it 51 points above the UK benchmark and 28th of 360 authorities nationally, inside the top 10%.

Where does Blaby rank on Investment?

Investment is Blaby's lowest-scoring pillar, at 904, which is 96 points below the UK benchmark. It ranks 342nd of 360 authorities on this measure.

How many companies are counted in Blaby's score?

The index covers 6,308 active companies in Blaby, with corporate groups counted once rather than as individual registered entities.

What does the likely range mean for Blaby's score?

The likely range of 956 to 986 shows how much the composite score could move with a slightly different mix of companies. Scores are only published when this 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.

Book a call with Beauhurst