Written Question·Department for Business and Trade·UIN 676
Small Businesses
Tabled: 18 July 2024
Answered: 23 July 2024
Question
Jerome Mayhew
Conservative — Broadland and Fakenham
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
Gareth ThomasEmployee 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