Redcar and Cleveland scores 990 on the UK Local Growth Index, placing it 126th of 361 local authorities and 10 points below the UK benchmark of 1,000. Its strongest result comes on Investment, where it ranks 83rd nationally, outperforming more than three quarters of all authorities. Innovation is the area where local companies trail the UK benchmark most noticeably.
Each score is an average across the area's active companies, with corporate groups counted once. That approach means a place with 4,097 active companies is compared to a city of hundreds of thousands on equal terms, making it a fair basis for ranking authorities of very different sizes.
The UK as a whole scores 1,000 on every measure, so Redcar and Cleveland's composite of 990 sits just below that national baseline. The likely range of 961 to 1,019 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.
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%.
How Redcar and Cleveland's composite score of 990 is built up, pillar by pillar.
Innovation
972
Average nationally
800UK 1,0001,700+
−28 points against the UK · Likely range 931–1,013 · 30% of the composite
Innovation captures patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector membership. Redcar and Cleveland ranks 180th of 361 authorities on this pillar, with a score of 972, placing it 28 points below the UK benchmark and in the bottom half nationally. Activity across these innovation signals among local companies is below the UK average.
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.
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
1,010
Above average nationally
800UK 1,0001,700+
+10 points against the UK · Likely range 975–1,045 · 30% of the composite
The Scaling pillar measures scaleup status, headcount growth and accelerator attendance. At 1,010, Redcar and Cleveland sits 10 points above the UK benchmark and ranks 113th of 360 authorities, placing it in the top third nationally. Local companies are adding staff at a pace that edges ahead of the UK average.
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.
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
981
Above average nationally
800UK 1,0001,700+
−19 points against the UK · Likely range 933–1,029 · 30% of the composite
Investment covers equity raisers, the amount of equity raised and first-time raisers, all over the last five years. This is Redcar and Cleveland's strongest pillar: it ranks 83rd of 360 authorities, in the top quarter nationally, and outperforms 76.9% of all authorities. Even so, the score of 981 remains 19 points below the UK benchmark, reflecting that local companies' equity-raising activity, while relatively strong in regional context, has not yet reached the UK average.
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
1,017
Average nationally
800UK 1,0001,700+
+17 points against the UK · Likely range 986–1,048 · 10% of the composite
The ESG pillar captures clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. Redcar and Cleveland scores 1,017, placing it 17 points above the UK benchmark and ranking 163rd of 361 authorities. Companies in the area show above-average engagement with environmental and social signals.
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 North Yorkshire
The chart below compares Redcar and Cleveland's composite score of 990 with those of its neighbours in North Yorkshire and the North East.
What is Redcar and Cleveland's score on the UK Local Growth Index?
Redcar and Cleveland scores 990, placing it 126th of 361 local authorities and 10 points below the UK benchmark of 1,000.
How does Redcar and Cleveland compare to other authorities in the North East?
It ranks 6th of 12 authorities in the North East, scoring 4 points below the regional average of 994.
Which pillar is Redcar and Cleveland's strongest?
Investment is its strongest pillar, with a rank of 83rd of 360 authorities, placing it in the top quarter nationally and outperforming 76.9% of all authorities.
Where does Redcar and Cleveland rank for Innovation?
It ranks 180th of 361 authorities on Innovation, with a score of 972, which is 28 points below the UK benchmark. This is its lowest-scoring pillar.
How does Redcar and Cleveland rank within North Yorkshire?
It ranks 2nd of 5 authorities in North Yorkshire, scoring 1 point above the county average of 989.
How many companies are counted in Redcar and Cleveland's score?
The score is based on 4,097 active companies, 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.
