Hinckley and Bosworth

Hinckley and Bosworth scores 991 on the UK Local Growth Index, placing it 125th of 361 local authorities and 9 points below the UK benchmark of 1,000. It ranks 3rd of 8 authorities in Leicestershire and 9th of 35 in the East Midlands, sitting 22 points above the county average and 19 points above the regional average.

  • Top pillar: Innovation
  • Biggest opportunity: Scaling
  • 5,176 active companies

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The composite score for Hinckley and Bosworth is built from four pillars: Innovation, Scaling, Investment and ESG, weighted at 30%, 30%, 30% and 10% respectively, across 5,176 active companies with corporate groups counted once.

Because each score is averaged across a place's companies rather than summed, it reflects how active local companies are rather than the size of the local economy, which means authorities with very different numbers of businesses can be compared fairly.

The UK benchmark is set at 1,000, so a score of 991 means Hinckley and Bosworth's companies are performing marginally below the national average in aggregate. The likely range of 970 to 1,012 shows how much the score could shift 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%1,003Above average nationally
  • Scaling 30%993Average nationally
  • Investment 30%963Above average nationally
  • ESG 10%1,028Above average nationally

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Pillar breakdown

How Hinckley and Bosworth's composite score of 991 is built up, pillar by pillar.

Innovation

1,003

Above average nationally

+3 points against the UK · Likely range 974–1,032 · 30% of the composite

Innovation covers patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector tags. At 1,003, Hinckley and Bosworth sits 3 points above the UK benchmark and ranks 101st of 361 authorities, placing it in the top third nationally. Its companies outperform 72.0% of all authorities on this pillar.

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

993

Average nationally

−7 points against the UK · Likely range 961–1,025 · 30% of the composite

Scaling captures whether companies meet the 20% scaleup threshold, their headcount growth over a four-year window, and accelerator participation. Ranking 201st of 360, the district scores 993, which is 7 points below the UK benchmark, making this its weakest pillar and indicating that staff growth among local companies is running slightly behind the national pace.

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

963

Above average nationally

−37 points against the UK · Likely range 927–999 · 30% of the composite

Investment looks at whether companies raised equity in the last five years, the amount raised, and whether a deal was a company's first-ever equity raise. Hinckley and Bosworth ranks 119th of 360 on this pillar with a score of 963, sitting 37 points below the UK benchmark, though it still outperforms 66.9% of all authorities.

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

1,028

Above average nationally

+28 points against the UK · Likely range 999–1,057 · 10% of the composite

ESG measures clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. With a score of 1,028, the district is 28 points above the UK benchmark and ranks 132nd of 361, suggesting its companies show relatively stronger engagement with environmental and social indicators than the national average.

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 Hinckley and Bosworth's composite score alongside its Leicestershire neighbours, including the county runner-up North West Leicestershire, which scores 1,038.

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 Hinckley and Bosworth's Local Growth Score and how it's calculated.

Read the methodology
What is Hinckley and Bosworth's score on the UK Local Growth Index?

Hinckley and Bosworth scores 991, placing it 125th of 361 local authorities and 9 points below the UK benchmark of 1,000.

How does Hinckley and Bosworth compare to the rest of Leicestershire?

It ranks 3rd of 8 authorities in Leicestershire, scoring 22 points above the county average of 969.

Which pillar is strongest for Hinckley and Bosworth?

Innovation is the strongest pillar, with a score of 1,003, ranking 101st of 361 authorities and sitting 3 points above the UK benchmark.

Where does Hinckley and Bosworth rank in the East Midlands?

It ranks 9th of 35 authorities in the East Midlands, scoring 19 points above the regional average of 972.

What does the UK Local Growth Index actually measure?

It measures the characteristics of a local authority's business economy, including innovation, scaling, investment and ESG activity, averaged across active companies with corporate groups counted once. It is not a measure of economic output or GDP.

How reliable is Hinckley and Bosworth's index score?

The composite score has a likely range of 970 to 1,012, which is narrow enough to publish with confidence. All four pillar scores are also shown, each with their own likely ranges.

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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