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GeraMarket / UK Business Vitality / Redditch

Redditch Business Vitality Score

GBVS 25.4/100Rank 352 of 354 UK local authorities · 2024

What is the business vitality score for Redditch in 2024?

In 2024, Redditch scores 25.4/100 on the Gera Business Vitality Score (GBVS), ranking 352 of 354 UK local authorities. The area recorded 320 business births, 19.2% 5-year enterprise survival, and 3,200 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)25.4/100 — Low vitalityRedditch · Rank 352 of 354 UK local authorities · ONS Business Demography 2024How this index is calculated

GBVS component breakdown

19.2%

5-year survival rate

Weight: 50% · 2019 cohort

-1.1%

Net birth rate

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

3,200

Active enterprises

Weight: 20% · normalised density

Redditch business data (2024)

ONS Business Demography 2024 — Redditch (GSS code: E07000236)
MetricRedditch (2024)UK context
Gera Business Vitality Score (GBVS)25.4/100Mean: 50.0/100
5-year enterprise survival rate19.2%UK: 38.4%
Enterprise births (2024)320
Enterprise deaths (2024)355
Net birth rate-1.1%
Active enterprises (2024)3,200
National rank (GBVS)352 of 354

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Frequently asked questions

What is the business survival rate in Redditch?
In Redditch, 19.2% 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 Redditch in 2024?
ONS Business Demography 2024 records 320 enterprise births and 355 enterprise deaths in Redditch, giving a net birth rate of -1.1% relative to the 3,200 active enterprises.
What does the Gera Business Vitality Score (GBVS) mean for Redditch?
A GBVS of 25.4/100 indicates low 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. Redditch ranks 352th nationally.
How does Redditch compare to other UK areas for business?
Redditch ranks 352 of 354 UK local authorities on the GBVS. Similar-scoring areas include: Mansfield (32/100), Torfaen (30.5/100), Blackpool (29.1/100), Wyre Forest (24.5/100).

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).