North Tyneside

North Tyneside scores 995 on the UK Local Growth Index, placing it 111th of 361 local authorities and 5 points below the UK benchmark. Its strongest result is on Scaling, where it ranks 83rd nationally and sits 18 points above the UK. Investment is the area where it trails the benchmark most, coming in 28 points below.

  • Top pillar: Scaling
  • Biggest opportunity: ESG
  • 8,620 active companies

Receive an alert when the score moves.

Read our Privacy Notice.

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

Each score is averaged across the authority's active companies, with corporate groups counted once, so it reflects how active local companies are rather than the sheer size of the local economy. That approach allows a fair comparison between authorities of very different scales.

The UK benchmark is set at 1,000, meaning a score of 995 puts North Tyneside marginally below the national average across its 8,620 active companies. A likely range of 980 to 1,010 is also published alongside the score: it shows how much the result could move with a slightly different mix of companies, and a score is only published when that range is narrow enough to rely on.

North East

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%986Above average nationally
  • Scaling 30%1,018Above average nationally
  • Investment 30%972Above average nationally
  • ESG 10%1,023Above average nationally

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

Pillar breakdown

How North Tyneside's composite score of 995 is built up, pillar by pillar.

Innovation

986

Above average nationally

−14 points against the UK · Likely range 967–1,005 · 30% of the composite

Innovation captures patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector membership. North Tyneside ranks 136th of 361 authorities on this pillar, scoring 986, which is 14 points below the UK benchmark, placing it in the lower half of all authorities on this dimension.

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 993–1,043 · 30% of the composite

Scaling measures whether companies are 20% scaleups, their headcount growth over three years, and accelerator participation. At 1,018 and ranked 83rd of 360 authorities, North Tyneside sits 18 points above the UK benchmark, putting it in the top quarter nationally and outperforming more than three-quarters of all authorities.

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

972

Above average nationally

−28 points against the UK · Likely range 943–1,001 · 30% of the composite

Investment covers equity raisers, the value of equity raised and first-time raisers over the last five years. North Tyneside scores 972 here, 28 points below the UK benchmark, though it still ranks 96th of 360 authorities and outperforms 73.3% of them, suggesting its companies raise equity at a reasonable rate even if the amounts are more modest.

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

1,023

Above average nationally

+23 points against the UK · Likely range 1,002–1,044 · 10% of the composite

ESG reflects clean energy activity, other green activity, environmental accolades, social and governance signals, and a not-for-profit proxy. North Tyneside scores 1,023 on ESG, 23 points above the UK benchmark, and outperforms 60.1% of the 361 authorities measured, indicating a solid level of environmental and social activity among its companies.

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 Tyne and Wear

The chart below places North Tyneside's composite score of 995 alongside its Tyne and Wear neighbours, where it ranks 3rd of 5 authorities in the county, 16 points below the county score of 1,011.

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 North Tyneside's Local Growth Score and how it's calculated.

Read the methodology
What is North Tyneside's score on the UK Local Growth Index?

North Tyneside scores 995, placing it 111th of 361 local authorities and 5 points below the UK benchmark of 1,000.

How does North Tyneside compare with the rest of Tyne and Wear?

It ranks 3rd of 5 authorities in Tyne and Wear, scoring 16 points below the county average of 1,011. Newcastle upon Tyne is the next-ranked authority in the county with a score of 1,059.

What is North Tyneside's strongest pillar on the index?

Scaling is North Tyneside's strongest pillar, where it scores 1,018 and ranks 83rd of 360 authorities, 18 points above the UK benchmark.

How does North Tyneside perform on Innovation?

On Innovation, which covers patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector membership, North Tyneside scores 986, placing it 136th of 361 authorities and 14 points below the UK benchmark.

How many companies are counted in North Tyneside's score?

The score is based on 8,620 active companies, with corporate groups counted once rather than as each of their individual registered entities.

What does the likely range mean for North Tyneside's score?

The likely range of 980 to 1,010 shows how much the composite score could move with a slightly different mix of companies. Because this range is narrow enough to rely on, the score is published.

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