Small Businesses
(asked on 18th July 2024) - View Source
Question to the Department for Business and Trade:
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
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 23rd July 2024
Employee thresholds used by this department to classify micro, small and medium-sized firms are shown in the table below:
Type of firm | Employee threshold |
Micro | 0 to 9 employees |
Small | 10 to 49 employees |
Medium | 50 to 249 employees |