Warwick

Warwick ranks 31st of 361 local authorities in the UK Local Growth Index, with a composite score of 1,041, placing it 41 points above the UK benchmark. It leads both Warwickshire and the wider West Midlands region. Innovation is its strongest pillar, ranking 25th nationally.

  • Top pillar: Innovation
  • Biggest opportunity: ESG
  • 11,467 active companies

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

Each score is an average across the authority's active companies, with corporate groups counted once. That approach means a place with 11,467 active companies can be compared fairly against authorities of very different sizes, because the score reflects how active local companies are rather than how large the local economy is.

The UK as a whole scores 1,000, so Warwick's composite of 1,041 sits meaningfully above that benchmark. The likely range of 1,025 to 1,057 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, and Warwick's is.

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%1,071Well above average nationally
  • Scaling 30%1,023Well above average nationally
  • Investment 30%1,030Well above average nationally
  • ESG 10%1,043Above average nationally

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Pillar breakdown

How Warwick's composite score of 1,041 is built up, pillar by pillar.

Innovation

1,071

Well above average nationally

+71 points against the UK · Likely range 1,050–1,092 · 30% of the composite

Innovation tracks patents, R&D grant value, academic spinout status, innovative sector tags and IS-8 sector presence across a place's companies. Warwick scores 1,071 on this pillar, 71 points above the UK benchmark, ranking 25th of 361 authorities and placing it in the top 10% nationally. It is the authority's strongest pillar and a clear area of distinction within both the county and the region.

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

1,023

Well above average nationally

+23 points against the UK · Likely range 1,000–1,046 · 30% of the composite

The Scaling pillar measures scaleup status, headcount growth and accelerator attendance. Warwick scores 1,023 here, 23 points above the UK, ranking 66th of 360 authorities and falling within the top 20% nationally. Companies in the district are adding staff at a rate that outpaces the UK average, though the margin is more modest than on Innovation.

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

1,030

Well above average nationally

+30 points against the UK · Likely range 998–1,062 · 30% of the composite

Investment covers equity raising activity: whether companies have raised equity in the last five years, the total amount raised, and whether a first-ever equity deal was completed in that period. Warwick's score of 1,030 sits 30 points above the UK benchmark, ranking 38th of 360 authorities. That places it in the top 20% nationally and indicates a relatively active equity environment among its companies.

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

1,043

Above average nationally

+43 points against the UK · Likely range 1,022–1,064 · 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. Warwick scores 1,043, which is 43 points above the UK benchmark and ranks 105th of 361 authorities. While this is above the UK average and outperforms roughly 71% of authorities, it is the district's relatively weakest pillar compared with its other three.

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 Warwickshire

The chart below compares Warwick's composite score against its Warwickshire neighbours, where it ranks 1st of 5 authorities with a score 42 points above the county average.

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 Warwick's Local Growth Score and how it's calculated.

Read the methodology
What is Warwick's score in the UK Local Growth Index?

Warwick has a composite score of 1,041, which is 41 points above the UK benchmark of 1,000. It ranks 31st of 361 local authorities.

How does Warwick compare to the rest of Warwickshire?

Warwick ranks 1st of the 5 Warwickshire authorities, with a composite score 42 points above the county average of 999. The next closest authority in the county is Stratford-on-Avon, which scores 1,011.

How does Warwick compare to other West Midlands authorities?

Warwick ranks 1st of 30 authorities in the West Midlands region, scoring 76 points above the regional average of 965.

Which pillar is strongest for Warwick?

Innovation is Warwick's strongest pillar, with a score of 1,071 and a national rank of 25th of 361 authorities, placing it in the top 10% in the UK.

How many companies are counted in Warwick's index score?

The index covers 11,467 active companies in Warwick, with corporate groups counted once rather than as individual registered entities.

What does the likely range mean for Warwick's score?

The likely range of 1,025 to 1,057 shows how much Warwick's composite score could shift with a slightly different mix of companies. Scores are only published when this range is narrow enough to rely on.

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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