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Small Businesses

Asked by Jerome MayhewConservativeDepartment for Business and TradeTabled Answered 23 July 2024UIN 676

The question

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.

Answered by Gareth Thomas

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

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