West Devon

West Devon scores 990 on the Local Growth Index, placing it 127th of 361 local authorities and 10 points below the UK benchmark. Its strongest result is a standout ESG score that ranks 9th nationally. Innovation is the relative weak point, sitting 41 points below the UK average.

  • Top pillar: ESG
  • Biggest opportunity: Innovation
  • 2,196 active companies

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West Devon's composite score is built from four pillars: Innovation, Scaling, Investment and ESG, weighted 30%, 30%, 30% and 10% respectively, across 2,196 active companies with corporate groups counted once.

Each score is an average across local companies, so it reflects how active those companies are on each measure rather than the size of the local economy. That averaging allows fair comparison between authorities of very different scales.

The UK benchmark is set at 1,000, meaning a score of 990 places West Devon marginally below the national average. The likely range of 965 to 1,015 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.

South West

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%959Below average nationally
  • Scaling 30%1,007Above average nationally
  • Investment 30%950Average nationally
  • ESG 10%1,159Well above average nationally

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

Pillar breakdown

How West Devon's composite score of 990 is built up, pillar by pillar.

Innovation

959

Below average nationally

−41 points against the UK · Likely range 925–993 · 30% of the composite

Innovation captures patents, academic spinout status, R&D grant value, membership of innovative sectors and IS-8 sector classification. West Devon ranks 224th of 361 authorities on this pillar, 41 points below the UK benchmark, suggesting its companies are less active on these innovation measures than the national norm.

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

1,007

Above average nationally

+7 points against the UK · Likely range 958–1,056 · 30% of the composite

The Scaling pillar measures scaleup status, headcount growth and accelerator attendance. West Devon's score of 1,007 sits 7 points above the UK benchmark, ranking 132nd of 360 authorities, a broadly middle-of-the-road result indicating its companies are adding staff at a pace close to, and slightly ahead of, 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

950

Average nationally

−50 points against the UK · Likely range 897–1,003 · 30% of the composite

Investment covers whether companies have raised equity in the last five years, how much they raised and whether they were first-time equity raisers. At 950, West Devon's score is 50 points below the UK benchmark, ranking 160th of 360 authorities, pointing to a relatively lower rate of equity activity 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

1,159

Well above average nationally

+159 points against the UK · Likely range 1,110–1,208 · 10% of the composite

ESG measures clean energy activity, other green activity, environmental accolades, social and governance signals and a not-for-profit proxy. West Devon ranks 9th of 361 authorities on this pillar, 159 points above the UK benchmark, placing it among the strongest-performing authorities in the country on these measures.

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 Devon

The chart below shows how West Devon's composite score compares with neighbouring authorities in Devon.

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 West Devon's Local Growth Score and how it's calculated.

Read the methodology
What is West Devon's Local Growth Index score?

West Devon scores 990 on the Local Growth Index, placing it 127th of 361 UK local authorities and 10 points below the UK benchmark of 1,000.

How does West Devon compare with the rest of Devon?

West Devon ranks 4th of the 10 authorities in Devon, sitting 3 points below the county score of 993. Exeter is the county's runner-up with a score of 1,037.

How does West Devon rank in the South West region?

West Devon ranks 13th of 27 authorities in the South West, scoring 16 points below the regional score of 1,006.

Which pillar is West Devon strongest on?

ESG is West Devon's strongest pillar, with a score of 1,159 that is 159 points above the UK benchmark and ranks 9th of 361 authorities nationally.

Which pillar is West Devon weakest on?

Innovation is West Devon's lowest-scoring pillar at 959, which is 41 points below the UK benchmark and places it 224th of 361 authorities.

How many companies are counted in West Devon's score?

The score covers 2,196 active companies, with corporate groups counted once rather than as individual 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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