Small Businesses
Commons · Question 676 · Tabled 18 Jul 2024 · Department for Business and Trade · Official record
Answered 23 Jul 2024
Question
Asked by Jerome Mayhew
To ask the Secretary of State for Business and Trade, what employee thresholds his Department uses to classify what is a (a) micro, (b) small and (c) medium sized firm.
Answer
Answered by Gareth Thomas, 23 Jul 2024
Employee thresholds used by this department to classify micro, small and medium-sized firms are shown in the table below:Type of firmEmployee thresholdMicro0 to 9 employeesSmall10 to 49 employeesMedium50 to 249 employees