Small & Medium Size Businesses?

So what are they?

For information definitions worth considering are:

Under the Review requirements of the Companies Act, a ‘Small Company’ is one that does NOT exceed 2 of the following:-- Turnover £6.5M- Balance Sheet £3.26m- 50 employees A ‘Medium – sized Company’ is one that exceeds the small company parameters, but does NOT exceed 2 of the following:--Turnover £25.9M-Balance Sheet £12.9M-250 employeesThankfully,

I still work for a Small Company!

Written by John Hill one our financial people.

This entry was posted on 27/07/2010 at 07:33 am and is filed under Current Issues. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.