The ScaleUp Institute has always believed in the need for better data on the UK’s fastestgrowing companies. We can only effectively support these companies if we know who they are, where they are, and what they do. To this end, we are pleased to work with Beauhurst in creating the Scaleup Index which shines a spotlight on a particular segment of the UK’s scaleup landscape that is adding billions to the economy and hundreds of thousands of jobs. It shows the diversity of our scaleups, their breadth of sectors and presence up and down the country. They are vital to the strength of the UK’s economy
<p>2017
The
Scaleup
Index
The ScaleUp Institute has always
believed in the need for better
data on the UK's fastest-
growing companies. We can
only effectively support these
companies if we know who they
are, where they are, and what
they do. To this end, we are
pleased to work with Beauhurst in
creating the Scaleup Index which
shines a spotlight on a particular
segment of the UK's scaleup
landscape that is adding billions
to the economy and hundreds of
thousands of jobs. It shows the
diversity of our scaleups, their
breadth of sectors and presence
up and down the country. They
are vital to the strength of the
UK's economy.
The 'visible' scaleups, which
are the subject of this report,
are those companies that are
private commercial concerns
large enough to be declaring
their turnover and employee
numbers in filed annual accounts
at Companies House. Where a
scaleup comprises more than
one entity/subsidiary, these are
counted as one scaleup. We fully
recognise there are many other
types of scaleups and it is our
intention to carry out separate
research on other scaleup groups
not in this report. Publicly listed
companies and charities have
specific qualities that will be
better examined by a separate
approach.
This first Index establishes the
benchmark levels against which
future editions of the Index can
measure change, and brings
to our attention some very key
attributes our scaling community
has, in particular:
The majority of scaleups are
'non-tech' . These companies
will be using technology but
usually not creating it
themselves.
Companies receiving equity
investment are more likely to
grow faster (in turnover at
least).
The more equity investment
they receive, the faster they
grow. The majority of scaleups
raised less than 5m. If investors
had deeper pockets to give the
companies more investment,
they would grow faster.
Many scaleups are more than
20 years old.