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GeraMarket / UK Business Vitality / Charnwood

Charnwood Business Vitality Score

GBVS 51.4/100Rank 168 of 354 UK local authorities · 2024

What is the business vitality score for Charnwood in 2024?

In 2024, Charnwood scores 51.4/100 on the Gera Business Vitality Score (GBVS), ranking 168 of 354 UK local authorities. The area recorded 715 business births, 40.0% 5-year enterprise survival, and 7,035 active enterprises, per ONS Business Demography 2024 (OGL v3.0).

Source:ONS Business Demography 2024·as of 2024updated annually (last: )
Gera Business Vitality Score (GBVS)51.4/100 — Moderate vitalityCharnwood · Rank 168 of 354 UK local authorities · ONS Business Demography 2024How this index is calculated

GBVS component breakdown

40.0%

5-year survival rate

Weight: 50% · 2019 cohort

+1.8%

Net birth rate

Weight: 30% · (births − deaths) / active

7,035

Active enterprises

Weight: 20% · normalised density

Charnwood business data (2024)

ONS Business Demography 2024 — Charnwood (GSS code: E07000130)
MetricCharnwood (2024)UK context
Gera Business Vitality Score (GBVS)51.4/100Mean: 50.0/100
5-year enterprise survival rate40.0%UK: 38.4%
Enterprise births (2024)715
Enterprise deaths (2024)590
Net birth rate+1.8%
Active enterprises (2024)7,035
National rank (GBVS)168 of 354

Compare Charnwood with other UK areas

Filter all UK local authorities by GBVS score, survival rate, or net birth rate to find comparable or better-performing areas.

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354 areas match your filters. Showing top 25.

AreaGBVS5yr surv.Net birthActiveDetails
#1Westminster74.2/10043.7%+2.6%58,370View →
#2Isles of Scilly73.7/10066.7%+2.9%170View →
#3Camden67.4/10038.0%+3.9%40,825View →
#4Shetland Islands66.2/10063.6%+1.0%960View →
#5Derry City and Strabane63.7/10044.2%+5.2%5,005View →
#6Hackney63/10039.3%+3.3%29,340View →
#7Fermanagh and Omagh62.6/10048.1%+3.6%5,210View →
#8Islington62.3/10036.5%+4.3%26,145View →
#9Mid Ulster61.9/10054.5%+1.4%6,825View →
#10Leeds61/10041.8%+1.6%32,105View →
#11Tower Hamlets61/10038.4%+4.2%18,975View →
#12South Kesteven60.7/10048.8%+2.7%6,185View →
#13Belfast59.9/10039.5%+4.3%11,895View →
#14Cornwall59.8/10046.8%+0.8%23,255View →
#15Birmingham59.4/10029.7%+3.1%43,175View →
#16Hillingdon59.3/10038.9%+3.8%16,295View →
#17Cambridge59/10048.0%+2.4%5,375View →
#18Manchester58.9/10033.9%+3.8%26,230View →
#19Glasgow City58.9/10040.1%+2.5%22,170View →
#20Bradford58.6/10041.0%+2.6%18,630View →
#21Herefordshire County of58.4/10050.0%+1.2%9,100View →
#22Epping Forest58.1/10048.1%+1.6%9,080View →
#23Shropshire58/10049.8%+0.5%13,645View →
#24Torridge58/10053.7%+0.8%2,615View →
#25Powys57.9/10050.0%+1.4%5,830View →

Source: ONS Business Demography 2025 (OGL v3.0). Showing top 25 of 354 matching areas.

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Frequently asked questions

What is the business survival rate in Charnwood?
In Charnwood, 40.0% of enterprises born in 2019 survived to their 5th year (2023), per ONS Business Demography Table 5.1a. The UK average 5-year survival rate is 38.4%.
How many businesses were started in Charnwood in 2024?
ONS Business Demography 2024 records 715 enterprise births and 590 enterprise deaths in Charnwood, giving a net birth rate of +1.8% relative to the 7,035 active enterprises.
What does the Gera Business Vitality Score (GBVS) mean for Charnwood?
A GBVS of 51.4/100 indicates moderate business vitality. The score combines 5-year survival rate (50% weight), net business birth rate (30%), and active enterprise density (20%), each normalised across all 354 UK local authorities. Charnwood ranks 168th nationally.
How does Charnwood compare to other UK areas for business?
Charnwood ranks 168 of 354 UK local authorities on the GBVS. Similar-scoring areas include: Birmingham (59.4/100), Hillingdon (59.3/100), Cambridge (59/100), Manchester (58.9/100), Glasgow City (58.9/100).

Contains public sector information published by Office for National Statistics and licensed under the Open Government Licence v3.0. Source: ONS Business Demography 2024 (2024, published 20 November 2025).