There is no single definition of a small firm - it can be based on the number of employees, turnover, balance sheet information or audit thresholds. However, the Department for Business, Enterprise and Regulatory Reform (BERR) has published guidance on one definition of an SME along with the European Commision (EC) definition. Please note that there are other definitions, some of which do not include "micro-businesses" which have up to 10 employees.
For the BERR and EC definitions, go to:
http://www.berr.gov.uk/bbf/enterprise-smes/research-and-statistics/statistics/page38563.html
Taking the BERR definition where businesses with fewer than 10 employees as micro-businesses, the borough has 5,700 micro-businesses making up nearly 90% of all businesses in the borough. There are also up to 40 companies each with more than 250 employees doing business in the borough.
|
Number of employees |
Basingstoke and Deane |
Basingstoke and Deane |
Hampshire |
South East |
England |
Great Britain |
|
Number |
% |
% |
% |
% |
% |
|
0 - 4 |
5,110 |
80.0 |
78.3 |
78.6 |
77.2 |
76.9 |
|
5 - 9 |
630 |
9.9 |
11.3 |
11.3 |
11.9 |
12.1 |
|
10 - 19 |
330 |
5.2 |
5.7 |
5.5 |
5.8 |
5.9 |
|
20 - 49 |
175 |
2.7 |
3.0 |
2.9 |
3.1 |
3.2 |
|
50 - 99 |
65 |
1.0 |
0.8 |
0.9 |
0.9 |
1.0 |
|
100 - 249 |
35 |
0.5 |
0.5 |
0.5 |
0.6 |
0.6 |
|
250 + |
40 |
0.6 |
0.4 |
0.4 |
0.4 |
0.4 |
|
TOTAL |
6,385 |
|