Listed below are criteria for different types of companies in the UK.
Micro companies – Your company will be a micro-entity if it has any 2 of the following:
Turnover Below £632,000
Balance sheet total Below £316,000
Employee Below 10
Small Companies – Your company will be ‘small’ if it has any 2 of the following:
Turnover Below £6.5 million £10.2 million
Balance sheet total Below £3.26 million £5.1 million
Employee Below 50
Medium Companies- Your company will be ‘medium’ if it has any 2 of the following:
Turnover Below £25.9 million
Balance sheet total Below £12.9 million
Employee Below 250