Richmond upon Thames

Richmond upon Thames scores 1,016 on the UK Local Growth Index, placing it 63rd of 361 local authorities and 16 points above the UK benchmark. Its strongest result is on Investment, where it ranks 26th nationally. ESG is the weakest pillar, sitting 16 points below the UK benchmark.

  • Top pillar: Investment
  • Biggest opportunity: ESG
  • 17,583 active companies

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The composite score for Richmond upon Thames is built from four pillars: Innovation, Scaling, Investment and ESG, weighted at 30%, 30%, 30% and 10% respectively.

Each score is averaged across the area's active companies, with corporate groups counted once. That means the index reflects how active local companies are rather than how large the local economy is, making it a fair comparison between authorities of very different sizes.

The UK as a whole scores 1,000, so Richmond upon Thames's composite of 1,016 puts it a modest distance above that national reference point. The likely range of 1,005 to 1,027 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.

London

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%1,016Above average nationally
  • Scaling 30%993Average nationally
  • Investment 30%1,047Well above average nationally
  • ESG 10%984Below average nationally

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

Pillar breakdown

How Richmond upon Thames's composite score of 1,016 is built up, pillar by pillar.

Innovation

1,016

Above average nationally

+16 points against the UK · Likely range 1,003–1,029 · 30% of the composite

Innovation measures patents, academic spinouts, R&D grant value, membership of innovative sectors and coverage of IS-8 sectors. Richmond upon Thames scores 1,016 on this pillar, 16 points above the UK benchmark, placing it 76th of 361 authorities and in the top 25% nationally.

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 976–1,010 · 30% of the composite

Scaling covers whether companies qualify as scaleups, their headcount growth rate and accelerator attendance. At 993, Richmond upon Thames sits 7 points below the UK benchmark and ranks 197th of 360 authorities, suggesting its companies are adding staff at a rate broadly in line with, but marginally below, the national 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

1,047

Well above average nationally

+47 points against the UK · Likely range 1,021–1,073 · 30% of the composite

Investment captures equity raisers, the value of equity raised and first-time raisers over the last five years. This is Richmond upon Thames's standout pillar: a score of 1,047 places it 26th of 360 authorities, 47 points above the UK benchmark, and ahead of 92.8% 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

984

Below average nationally

−16 points against the UK · Likely range 971–997 · 10% of the composite

ESG reflects clean energy activity, other green activity, environmental accolades, social and governance signals, and a not-for-profit proxy. At 984, Richmond upon Thames ranks 263rd of 361 authorities, 16 points below the UK benchmark, and is the area's weakest pillar by some distance.

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 Greater London

The chart below compares Richmond upon Thames's composite score with those of its neighbours across Greater London.

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 Richmond upon Thames's Local Growth Score and how it's calculated.

Read the methodology
What is Richmond upon Thames's score on the UK Local Growth Index?

Richmond upon Thames scores 1,016, placing it 63rd of 361 local authorities and 16 points above the UK benchmark of 1,000.

How does Richmond upon Thames compare with the rest of London?

It ranks 12th of 33 London authorities, scoring 17 points below the London average of 1,033.

Which pillar does Richmond upon Thames score highest on?

Investment is its strongest pillar, with a score of 1,047 that ranks 26th of 360 authorities and sits 47 points above the UK benchmark.

How does Richmond upon Thames perform on Innovation?

It scores 1,016 on Innovation, 16 points above the UK benchmark, placing it 76th of 361 authorities and in the top 25% nationally.

Why is Richmond upon Thames's ESG score below the UK average?

ESG measures clean energy activity, other green activity, environmental accolades, social and governance signals, and a not-for-profit proxy. At 984, Richmond upon Thames ranks 263rd of 361 authorities, 16 points below the UK benchmark.

How many active companies are counted in Richmond upon Thames?

The index covers 17,583 active companies in Richmond upon Thames, with corporate groups counted once rather than as each of their 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.

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