Malvern Hills

Malvern Hills scores 1,017 on the UK Local Growth Index, placing it 58th of 361 local authorities and 17 points above the UK benchmark. It ranks 1st of 6 authorities in Worcestershire and 2nd of 30 in the West Midlands. Innovation is its strongest pillar, sitting 39 points above the UK benchmark at 45th in the country.

  • Top pillar: Innovation
  • Biggest opportunity: Investment
  • 4,572 active companies

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Malvern Hills's composite score of 1,017 is built from four pillars: Innovation, Scaling, Investment and ESG, weighted 30%, 30%, 30% and 10% respectively, across 4,572 active companies with corporate groups counted once.

Because each pillar score is averaged across those companies rather than summed, the index reflects how active local companies are on each measure, not how large the local economy is. That makes it a fair comparison between authorities of very different sizes.

The UK as a whole scores 1,000, so Malvern Hills sits just above the national benchmark on the composite. The likely range of 993 to 1,041 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%1,039Well above average nationally
  • Scaling 30%1,018Above average nationally
  • Investment 30%975Above average nationally
  • ESG 10%1,073Well above average nationally

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Pillar breakdown

How Malvern Hills's composite score of 1,017 is built up, pillar by pillar.

Innovation

1,039

Well above average nationally

+39 points against the UK · Likely range 1,008–1,070 · 30% of the composite

Innovation measures patents, academic spinouts, R&D grant value, innovative sector tagging and IS-8 sector membership. Malvern Hills ranks 45th of 361 authorities on this pillar, scoring 39 points above the UK benchmark, placing it in the top 20% nationally and ahead of 87.5% of authorities.

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

1,018

Above average nationally

+18 points against the UK · Likely range 984–1,052 · 30% of the composite

Scaling captures whether companies are scaleups, their headcount growth, and accelerator participation. Malvern Hills ranks 82nd of 360 on Scaling, scoring 18 points above the UK benchmark. Its companies are adding staff at a pace that puts it in the top 25% of authorities nationally.

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

975

Above average nationally

−25 points against the UK · Likely range 932–1,018 · 30% of the composite

Investment covers equity raisers, the value of equity raised, and first-time raisers, all within the last five years. At 25 points below the UK benchmark, Investment is Malvern Hills's weakest pillar, though it still ranks 90th of 360 and outperforms three quarters of 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

1,073

Well above average nationally

+73 points against the UK · Likely range 1,043–1,103 · 10% of the composite

ESG measures clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. Malvern Hills scores 73 points above the UK benchmark on ESG, ranking 72nd of 361, and outperforms 80.1% of authorities 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 Worcestershire

The chart below shows how Malvern Hills's composite score compares with its neighbours across Worcestershire and the wider West Midlands.

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 Malvern Hills's Local Growth Score and how it's calculated.

Read the methodology
How does Malvern Hills rank on the UK Local Growth Index?

Malvern Hills ranks 58th of 361 local authorities nationally, scoring 1,017 against a UK benchmark of 1,000. It is the top-ranked authority of the six in Worcestershire and second of 30 in the West Midlands.

What does the UK Local Growth Index measure?

It measures the characteristics of a local authority's business economy across four pillars: Innovation, Scaling, Investment and ESG. Scores are averaged across active companies so that authorities of different sizes can be compared fairly.

How does Malvern Hills compare with the rest of Worcestershire?

Malvern Hills scores 34 points above the Worcestershire average of 983, ranking 1st in the county. The next-highest authority in the county is Worcester, which scores 996.

Which pillar is strongest for Malvern Hills?

Innovation is Malvern Hills's strongest pillar, with a score of 1,039, ranking 45th of 361 authorities and sitting 39 points above the UK benchmark. It covers patents, academic spinouts, R&D grant value, innovative sector tagging and IS-8 sector membership.

Why does Malvern Hills score below the UK average on Investment?

Investment measures equity raisers, equity raised and first-time raisers over the last five years. At 25 points below the UK benchmark, it is the authority's weakest pillar, though at 90th of 360 nationally it still outperforms three quarters of authorities.

What is the likely range and why does it matter?

The likely range of 993 to 1,041 shows how much Malvern Hills's composite score could move with a slightly different mix of companies. A score is only published when that range is narrow enough to rely on, which is the case here.

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