Small Businesses

Department for Business and Trade written question – answered at on 23 July 2024.

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Photo of Jerome Mayhew Jerome Mayhew Shadow Parliamentary Under Secretary (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.

Photo of Gareth Thomas Gareth Thomas Parliamentary Under Secretary of State (Department for Business and Trade)

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

Does this answer the above question?

Yes2 people think so

No1 person thinks not

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