Overview
A Legl company report can indicate the size of a UK company, classified as micro, small, medium, or large. This article explains how company size is determined and the thresholds for each category.
How company size is determined
Company size is based on three measures: annual turnover, balance sheet total, and employee count. Employee count can be found on the summary page, and annual turnover can be found in the financial data. A company must meet at least two of the conditions for a size band to fall within that category.
UK company size thresholds
A UK Micro entity must meet at least two of the following conditions:
Turnover must be no more than £632,000
The balance sheet total must be no more than £316,000
The average number of employees must be no more than 10
A UK Small company must meet at least two of the following conditions:
Annual turnover must be no more than £10.2 million
The balance sheet total must be no more than £5.1 million
The average number of employees must be no more than 50
A UK Medium company must meet at least two of the following conditions:
Annual turnover must be no more than £36 million
The balance sheet total must be no more than £18 million
The average number of employees must be no more than 250
A UK Large company must meet at least two of the following conditions:
Annual turnover more than £36 million
A balance sheet total more than £18 million
The average number of employees more than 250
Important information
These thresholds apply to UK entities.
A company must meet at least two of the three conditions to fall within a size band.
Employee count is shown on the summary page, and turnover and balance sheet figures are in the financial data.