Starting A Business Abroad Q&A Forum

Post: Statistics on SMEs

Q) What is the turnover of small and medium sized businesses annually? What percentage of the working population are employed by SMEs?

Answered by Adam Wayland, SmallBusiness.co.uk,

According to the The Department for Business, Enterprise & Regulatory Reform there were an estimated 4,551,000 business enterprises in the UK at the start of 2006. Some 99.3 per cent of these were small businesses, with 0 to 49 employees - that's around 4,513,000.

At the start of 2006, UK private sector enterprises employed an estimated 22.4 million people and had an estimated combined turnover of £2,600 billion.

Small and medium-sized enterprises accounted for more than half of the employment (58.9 per cent) and turnover (51.9 per cent) in the UK.

These seem to be the most recent figures from the BERR, and more are due to be collated in the summer 2008.

There is an interesting release from BERR on SME statistics that you can download here .


User comments by Jennifer Hume at 10:49am, 26 Mar 2008

Small businesses need more government support...it's obvious!

 
Editor comments by Adam Wayland at 11:15am, 26 Mar 2008

Indeed, lots of small business owners feel very strongly about this and i have to agree. Thanks for your comment.

 
User comments by philip paulden at 8:47am, 13 May 2008

dont know about more government support i'd be happy with less government interference!

 

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