SlideShare a Scribd company logo
Small and Medium Sized 
Enterprises 2010 
Some Facts and Figures 
C W Mobbs 
July 2011
Introduction 
• For the purposes of this analysis, small and medium sized 
enterprises are defined as those with less than 250 employees 
(large enterprises have 250+) 
• Small enterprises have less than 50 employees; medium ones 
between 50 and 249 
• An enterprise is defined as a profit, non-profit or government 
organisation 
Data Source: Department for Business Innovation and Skills ‘Business Population Estimate for the UK and 
Regions, 2010’, unless otherwise stated.
SMEs 
• UK SMEs accounted for 99.9% of all private sector enterprises, 59.2% 
of private sector employment and 48.6% of private sector turnover 
• Enterprises comprising one employee director and self employed 
owner-managers alone accounted for 73.4% of all enterprises, 15.7% 
of employment and 6.6% of turnover 
• Small enterprises alone accounted for 99.3% of all enterprises, 47.1% 
of employment and 35.0% of turnover 
• Turnover in SMEs is estimated at £1,562 bn, £27 bn (1.7%) lower than 
2009
UK Enterprises (1) 
• There are 4,572,015 enterprises in the UK economy 
• Of these, 98.1% are private sector organisations, realising 93.6% of 
whole economy turnover 
• A further 0.1% are Central or Local Government, employing 18.1% 
of total employment and 1.8% are non-profits, employing 6.4% of 
total employment
UK Enterprises (2) 
Enterprises Employment Turnover 
All enterprises 4,572,015 29.8 m £3,433 bn 
Private sector 98.1% 75.6% 93.6% 
Central and 
Local 
0.1% 18.1% 4.5% 
Government 
Non-profit 
Organisations 1.8% 6.4% 2.0%
Private Sector Enterprises 
Numbers 
• 73.4% of enterprises have no 
employees (ie, consist of sole 
director or self-employed 
owner-manager) 
• 0.06% of organisations have 
more than 500 employees 
• Small enterprises account for 
99.3% of enterprises and 
medium enterprises for 0.6% 
No of 
Employees 
Enterprises 
4,484,535 
0 73.4% 
1-9 22.1% 
10-49 3.8% 
50-249 0.6% 
250-499 0.1% 
500+ 0.1%
Employees by Enterprise (1) 
15.7% of all employment is in enterprises comprising a 
sole director or self-employed owner-manager
Employees by Enterprise (2) 
• Total employment stands at 22.5 m 
• 15.7% of total private sector employment is in enterprises 
comprising sole directors or self-employed owner-managers 
• Small business with between 1 and 49 employees account for 
31.5% of total employment 
• Medium sized enterprises account for a further 12.0% 
• Large companies account for 40.9%
Enterprises and Turnover (1) 
Turnover of large enterprises accounts for 51.4% of 
all private sector turnover
Enterprises and Turnover (2) 
• Total private sector turnover amounts to £3,212.3 bn 
• Despite having 73.4% of all private sector enterprises, 
organisations with a sole director or self-employed owner-manager 
only produced 6.6% of turnover 
• Small business with between 1 and 49 employees account for 
28.4% of total turnover 
• Medium sized enterprises account for a further 13.6% 
• Large companies account for 51.4%
About Innovation for 
Growth 
Founded in 2010, Innovation for Growth is a business consultancy firm that 
specialises in the provision of advice to small and medium sized enterprises. We 
work with companies from all sectors undertaking: 
innovation audits, innovation advice and the provision of strategy advice so our 
clients can maximise their business capabilities and achieve their growth 
aspirations. 
We also undertake desktop, business research and analysis, enabling our clients 
to concentrate on running their business. 
For more on our services, please see our website: 
www.innovationforgrowth.co.uk 
© 2011 Innovation for Growth

More Related Content

What's hot

UK SMEs
UK SMEsUK SMEs
UK SMEs
Chris Mobbs
 
2011 holidaypartiesfinal
2011 holidaypartiesfinal2011 holidaypartiesfinal
2011 holidaypartiesfinalshrm
 
Businesses and Tax - The Perils of Perception
Businesses and Tax - The Perils of PerceptionBusinesses and Tax - The Perils of Perception
Businesses and Tax - The Perils of Perception
Ipsos UK
 
Ni economic conference oct 20th. mark hart
Ni economic conference oct 20th. mark hartNi economic conference oct 20th. mark hart
Ni economic conference oct 20th. mark hart
enterpriseresearchcentre
 
Innovation Readiness in Foundation Industries
Innovation Readiness in Foundation IndustriesInnovation Readiness in Foundation Industries
Innovation Readiness in Foundation Industries
enterpriseresearchcentre
 
Gem Scotland presentation karen bonner 28 10 20
Gem Scotland presentation karen bonner 28 10 20Gem Scotland presentation karen bonner 28 10 20
Gem Scotland presentation karen bonner 28 10 20
enterpriseresearchcentre
 
Corporation Tax and Brexit
Corporation Tax and BrexitCorporation Tax and Brexit
Corporation Tax and Brexit
Ipsos UK
 
Middle income traps - Michal Pleva EN Final
Middle income traps - Michal Pleva EN FinalMiddle income traps - Michal Pleva EN Final
Middle income traps - Michal Pleva EN FinalMichal Pleva
 
Analysis of annual report of ab bank of 2016
Analysis of annual report of ab bank of 2016Analysis of annual report of ab bank of 2016
Analysis of annual report of ab bank of 2016
Jabed Hossain
 
The hidden rise (and fall?) of the Top 1%
The hidden rise (and fall?) of the Top 1%The hidden rise (and fall?) of the Top 1%
The hidden rise (and fall?) of the Top 1%
ResolutionFoundation
 
After the storm innovation and R&D beyond (the worst of) covid 19
After the storm innovation and R&D beyond (the worst of) covid 19After the storm innovation and R&D beyond (the worst of) covid 19
After the storm innovation and R&D beyond (the worst of) covid 19
enterpriseresearchcentre
 
Ten Years of Doing Business
Ten Years of Doing BusinessTen Years of Doing Business
Ten Years of Doing Business
Stockholm School of Economics
 
the-social-and-economic-impacts-of-gold-mining
the-social-and-economic-impacts-of-gold-miningthe-social-and-economic-impacts-of-gold-mining
the-social-and-economic-impacts-of-gold-miningRoss Lakhdari
 
The-social-and-economic-impacts-of-gold-mining
The-social-and-economic-impacts-of-gold-miningThe-social-and-economic-impacts-of-gold-mining
The-social-and-economic-impacts-of-gold-miningAndrew Britton
 

What's hot (16)

UK SMEs
UK SMEsUK SMEs
UK SMEs
 
2011 holidaypartiesfinal
2011 holidaypartiesfinal2011 holidaypartiesfinal
2011 holidaypartiesfinal
 
Businesses and Tax - The Perils of Perception
Businesses and Tax - The Perils of PerceptionBusinesses and Tax - The Perils of Perception
Businesses and Tax - The Perils of Perception
 
Ni economic conference oct 20th. mark hart
Ni economic conference oct 20th. mark hartNi economic conference oct 20th. mark hart
Ni economic conference oct 20th. mark hart
 
Innovation Readiness in Foundation Industries
Innovation Readiness in Foundation IndustriesInnovation Readiness in Foundation Industries
Innovation Readiness in Foundation Industries
 
Gem Scotland presentation karen bonner 28 10 20
Gem Scotland presentation karen bonner 28 10 20Gem Scotland presentation karen bonner 28 10 20
Gem Scotland presentation karen bonner 28 10 20
 
Corporation Tax and Brexit
Corporation Tax and BrexitCorporation Tax and Brexit
Corporation Tax and Brexit
 
U nilever
U nileverU nilever
U nilever
 
Paying Taxes 2011
Paying Taxes 2011Paying Taxes 2011
Paying Taxes 2011
 
Middle income traps - Michal Pleva EN Final
Middle income traps - Michal Pleva EN FinalMiddle income traps - Michal Pleva EN Final
Middle income traps - Michal Pleva EN Final
 
Analysis of annual report of ab bank of 2016
Analysis of annual report of ab bank of 2016Analysis of annual report of ab bank of 2016
Analysis of annual report of ab bank of 2016
 
The hidden rise (and fall?) of the Top 1%
The hidden rise (and fall?) of the Top 1%The hidden rise (and fall?) of the Top 1%
The hidden rise (and fall?) of the Top 1%
 
After the storm innovation and R&D beyond (the worst of) covid 19
After the storm innovation and R&D beyond (the worst of) covid 19After the storm innovation and R&D beyond (the worst of) covid 19
After the storm innovation and R&D beyond (the worst of) covid 19
 
Ten Years of Doing Business
Ten Years of Doing BusinessTen Years of Doing Business
Ten Years of Doing Business
 
the-social-and-economic-impacts-of-gold-mining
the-social-and-economic-impacts-of-gold-miningthe-social-and-economic-impacts-of-gold-mining
the-social-and-economic-impacts-of-gold-mining
 
The-social-and-economic-impacts-of-gold-mining
The-social-and-economic-impacts-of-gold-miningThe-social-and-economic-impacts-of-gold-mining
The-social-and-economic-impacts-of-gold-mining
 

Similar to Sme2010

micro small medium enterprise seminar
micro small medium enterprise seminarmicro small medium enterprise seminar
micro small medium enterprise seminar
Puneet Choudhary
 
Fst mid sized businesses presentation tera allas 26 november 2012
Fst mid sized businesses presentation tera allas 26 november 2012Fst mid sized businesses presentation tera allas 26 november 2012
Fst mid sized businesses presentation tera allas 26 november 2012bisgovuk
 
28_10_ Business size and Impacts.pdf
28_10_ Business size and Impacts.pdf28_10_ Business size and Impacts.pdf
28_10_ Business size and Impacts.pdf
LuanVu36
 
Medium, Small and Micro enterprises MSM
Medium, Small and Micro enterprises MSMMedium, Small and Micro enterprises MSM
Medium, Small and Micro enterprises MSM
PROF. PUTTU GURU PRASAD
 
Research Showcase 2024 final presentation slides
Research Showcase 2024 final presentation slidesResearch Showcase 2024 final presentation slides
Research Showcase 2024 final presentation slides
enterpriseresearchcentre
 
Government_policies_supporting_micro-firm_development. Anita Richter
Government_policies_supporting_micro-firm_development. Anita RichterGovernment_policies_supporting_micro-firm_development. Anita Richter
Government_policies_supporting_micro-firm_development. Anita Richter
enterpriseresearchcentre
 
ONS Economic Forum 29 January 2019
ONS Economic Forum 29 January 2019ONS Economic Forum 29 January 2019
ONS Economic Forum 29 January 2019
Office for National Statistics
 
Micro, small and medium enterprises in india
Micro, small and medium enterprises in indiaMicro, small and medium enterprises in india
Micro, small and medium enterprises in indiaRaveena Kaushal
 
Wit Rikon Marketing Institute Presentation
Wit Rikon Marketing Institute PresentationWit Rikon Marketing Institute Presentation
Wit Rikon Marketing Institute Presentation
paularonan
 
The Voice of Australian Business - Wave 5
The Voice of Australian Business - Wave 5The Voice of Australian Business - Wave 5
The Voice of Australian Business - Wave 5
Bentleys (WA) Pty Ltd
 
Key Small Business Statistics in Canada
Key Small Business Statistics in CanadaKey Small Business Statistics in Canada
Key Small Business Statistics in Canada
Canada-Vietnam Entrepreneurs
 
Master SlideDeck Research Showcase 2024.pdf
Master SlideDeck Research Showcase 2024.pdfMaster SlideDeck Research Showcase 2024.pdf
Master SlideDeck Research Showcase 2024.pdf
enterpriseresearchcentre
 
Abla Abdellatif • 2016 IFPRI Egypt Seminar Series in partnership with ECES: C...
Abla Abdellatif • 2016 IFPRI Egypt Seminar Series in partnership with ECES: C...Abla Abdellatif • 2016 IFPRI Egypt Seminar Series in partnership with ECES: C...
Abla Abdellatif • 2016 IFPRI Egypt Seminar Series in partnership with ECES: C...
International Food Policy Research Institute (IFPRI)
 
ppt on micro small and medium enterprises
ppt on micro small and medium enterprisesppt on micro small and medium enterprises
ppt on micro small and medium enterprisesShreya Sharma
 
HEI keynote May 19th. Mark Hart
HEI keynote May 19th. Mark Hart HEI keynote May 19th. Mark Hart
HEI keynote May 19th. Mark Hart
enterpriseresearchcentre
 
Tomorrow's Enterprise
Tomorrow's EnterpriseTomorrow's Enterprise
Tomorrow's EnterpriseZohir Uddin
 
ERC Research Showcase Introduction Mark Hart
ERC Research Showcase Introduction Mark HartERC Research Showcase Introduction Mark Hart
ERC Research Showcase Introduction Mark Hart
enterpriseresearchcentre
 
State of Small Business Britain conference 2016 presentation.
State of Small Business Britain conference 2016 presentation.State of Small Business Britain conference 2016 presentation.
State of Small Business Britain conference 2016 presentation.
enterpriseresearchcentre
 
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDFLotwina Farodoye
 

Similar to Sme2010 (20)

micro small medium enterprise seminar
micro small medium enterprise seminarmicro small medium enterprise seminar
micro small medium enterprise seminar
 
Fst mid sized businesses presentation tera allas 26 november 2012
Fst mid sized businesses presentation tera allas 26 november 2012Fst mid sized businesses presentation tera allas 26 november 2012
Fst mid sized businesses presentation tera allas 26 november 2012
 
28_10_ Business size and Impacts.pdf
28_10_ Business size and Impacts.pdf28_10_ Business size and Impacts.pdf
28_10_ Business size and Impacts.pdf
 
Medium, Small and Micro enterprises MSM
Medium, Small and Micro enterprises MSMMedium, Small and Micro enterprises MSM
Medium, Small and Micro enterprises MSM
 
Research Showcase 2024 final presentation slides
Research Showcase 2024 final presentation slidesResearch Showcase 2024 final presentation slides
Research Showcase 2024 final presentation slides
 
Government_policies_supporting_micro-firm_development. Anita Richter
Government_policies_supporting_micro-firm_development. Anita RichterGovernment_policies_supporting_micro-firm_development. Anita Richter
Government_policies_supporting_micro-firm_development. Anita Richter
 
ONS Economic Forum 29 January 2019
ONS Economic Forum 29 January 2019ONS Economic Forum 29 January 2019
ONS Economic Forum 29 January 2019
 
Micro, small and medium enterprises in india
Micro, small and medium enterprises in indiaMicro, small and medium enterprises in india
Micro, small and medium enterprises in india
 
Wit Rikon Marketing Institute Presentation
Wit Rikon Marketing Institute PresentationWit Rikon Marketing Institute Presentation
Wit Rikon Marketing Institute Presentation
 
The Voice of Australian Business - Wave 5
The Voice of Australian Business - Wave 5The Voice of Australian Business - Wave 5
The Voice of Australian Business - Wave 5
 
Key Small Business Statistics in Canada
Key Small Business Statistics in CanadaKey Small Business Statistics in Canada
Key Small Business Statistics in Canada
 
Master SlideDeck Research Showcase 2024.pdf
Master SlideDeck Research Showcase 2024.pdfMaster SlideDeck Research Showcase 2024.pdf
Master SlideDeck Research Showcase 2024.pdf
 
Abla Abdellatif • 2016 IFPRI Egypt Seminar Series in partnership with ECES: C...
Abla Abdellatif • 2016 IFPRI Egypt Seminar Series in partnership with ECES: C...Abla Abdellatif • 2016 IFPRI Egypt Seminar Series in partnership with ECES: C...
Abla Abdellatif • 2016 IFPRI Egypt Seminar Series in partnership with ECES: C...
 
Chapter 1 introduction definition problem & solving factor effect to sme
Chapter 1  introduction  definition problem & solving factor effect to smeChapter 1  introduction  definition problem & solving factor effect to sme
Chapter 1 introduction definition problem & solving factor effect to sme
 
ppt on micro small and medium enterprises
ppt on micro small and medium enterprisesppt on micro small and medium enterprises
ppt on micro small and medium enterprises
 
HEI keynote May 19th. Mark Hart
HEI keynote May 19th. Mark Hart HEI keynote May 19th. Mark Hart
HEI keynote May 19th. Mark Hart
 
Tomorrow's Enterprise
Tomorrow's EnterpriseTomorrow's Enterprise
Tomorrow's Enterprise
 
ERC Research Showcase Introduction Mark Hart
ERC Research Showcase Introduction Mark HartERC Research Showcase Introduction Mark Hart
ERC Research Showcase Introduction Mark Hart
 
State of Small Business Britain conference 2016 presentation.
State of Small Business Britain conference 2016 presentation.State of Small Business Britain conference 2016 presentation.
State of Small Business Britain conference 2016 presentation.
 
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF
 

More from Chris Mobbs

Business research
Business researchBusiness research
Business research
Chris Mobbs
 
What is Innovation
What is InnovationWhat is Innovation
What is Innovation
Chris Mobbs
 
What are innovation audits
What are innovation auditsWhat are innovation audits
What are innovation audits
Chris Mobbs
 
Why is Innovation Important?
Why is Innovation Important?Why is Innovation Important?
Why is Innovation Important?
Chris Mobbs
 
Business Research
Business ResearchBusiness Research
Business Research
Chris Mobbs
 
Innovation Audit Slides
Innovation Audit SlidesInnovation Audit Slides
Innovation Audit Slides
Chris Mobbs
 

More from Chris Mobbs (6)

Business research
Business researchBusiness research
Business research
 
What is Innovation
What is InnovationWhat is Innovation
What is Innovation
 
What are innovation audits
What are innovation auditsWhat are innovation audits
What are innovation audits
 
Why is Innovation Important?
Why is Innovation Important?Why is Innovation Important?
Why is Innovation Important?
 
Business Research
Business ResearchBusiness Research
Business Research
 
Innovation Audit Slides
Innovation Audit SlidesInnovation Audit Slides
Innovation Audit Slides
 

Recently uploaded

Create a spend money transaction during bank reconciliation.pdf
Create a spend money transaction during bank reconciliation.pdfCreate a spend money transaction during bank reconciliation.pdf
Create a spend money transaction during bank reconciliation.pdf
andreakaterasco
 
Showcase Portfolio- Marian Andrea Tana.pdf
Showcase Portfolio- Marian Andrea Tana.pdfShowcase Portfolio- Marian Andrea Tana.pdf
Showcase Portfolio- Marian Andrea Tana.pdf
MarianAndreaSTana
 
Dining Tables and Chairs | Furniture Store in Sarasota, Florida
Dining Tables and Chairs | Furniture Store in Sarasota, FloridaDining Tables and Chairs | Furniture Store in Sarasota, Florida
Dining Tables and Chairs | Furniture Store in Sarasota, Florida
The Sarasota Collection Home Store
 
Michael Economou - Don't build a marketplace.pdf
Michael Economou - Don't build a marketplace.pdfMichael Economou - Don't build a marketplace.pdf
Michael Economou - Don't build a marketplace.pdf
Michael Oikonomou
 
Web Technology LAB MANUAL for Undergraduate Programs
Web Technology  LAB MANUAL for Undergraduate ProgramsWeb Technology  LAB MANUAL for Undergraduate Programs
Web Technology LAB MANUAL for Undergraduate Programs
Chandrakant Divate
 
Textile Chemical Brochure - Tradeasia (1).pdf
Textile Chemical Brochure - Tradeasia (1).pdfTextile Chemical Brochure - Tradeasia (1).pdf
Textile Chemical Brochure - Tradeasia (1).pdf
jeffmilton96
 
Get To Know About Salma Karina Hayat.pdf
Get To Know About Salma Karina Hayat.pdfGet To Know About Salma Karina Hayat.pdf
Get To Know About Salma Karina Hayat.pdf
Salma Karina Hayat
 
How to Build a Diversified Investment Portfolio.pdf
How to Build a Diversified Investment Portfolio.pdfHow to Build a Diversified Investment Portfolio.pdf
How to Build a Diversified Investment Portfolio.pdf
Trims Creators
 
How To Leak-Proof Your Magazine Business
How To Leak-Proof Your Magazine BusinessHow To Leak-Proof Your Magazine Business
How To Leak-Proof Your Magazine Business
Charlie McDermott
 
Best Crypto Marketing Ideas to Lead Your Project to Success
Best Crypto Marketing Ideas to Lead Your Project to SuccessBest Crypto Marketing Ideas to Lead Your Project to Success
Best Crypto Marketing Ideas to Lead Your Project to Success
Intelisync
 
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota CollectionOffice Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
The Sarasota Collection Home Store
 

Recently uploaded (11)

Create a spend money transaction during bank reconciliation.pdf
Create a spend money transaction during bank reconciliation.pdfCreate a spend money transaction during bank reconciliation.pdf
Create a spend money transaction during bank reconciliation.pdf
 
Showcase Portfolio- Marian Andrea Tana.pdf
Showcase Portfolio- Marian Andrea Tana.pdfShowcase Portfolio- Marian Andrea Tana.pdf
Showcase Portfolio- Marian Andrea Tana.pdf
 
Dining Tables and Chairs | Furniture Store in Sarasota, Florida
Dining Tables and Chairs | Furniture Store in Sarasota, FloridaDining Tables and Chairs | Furniture Store in Sarasota, Florida
Dining Tables and Chairs | Furniture Store in Sarasota, Florida
 
Michael Economou - Don't build a marketplace.pdf
Michael Economou - Don't build a marketplace.pdfMichael Economou - Don't build a marketplace.pdf
Michael Economou - Don't build a marketplace.pdf
 
Web Technology LAB MANUAL for Undergraduate Programs
Web Technology  LAB MANUAL for Undergraduate ProgramsWeb Technology  LAB MANUAL for Undergraduate Programs
Web Technology LAB MANUAL for Undergraduate Programs
 
Textile Chemical Brochure - Tradeasia (1).pdf
Textile Chemical Brochure - Tradeasia (1).pdfTextile Chemical Brochure - Tradeasia (1).pdf
Textile Chemical Brochure - Tradeasia (1).pdf
 
Get To Know About Salma Karina Hayat.pdf
Get To Know About Salma Karina Hayat.pdfGet To Know About Salma Karina Hayat.pdf
Get To Know About Salma Karina Hayat.pdf
 
How to Build a Diversified Investment Portfolio.pdf
How to Build a Diversified Investment Portfolio.pdfHow to Build a Diversified Investment Portfolio.pdf
How to Build a Diversified Investment Portfolio.pdf
 
How To Leak-Proof Your Magazine Business
How To Leak-Proof Your Magazine BusinessHow To Leak-Proof Your Magazine Business
How To Leak-Proof Your Magazine Business
 
Best Crypto Marketing Ideas to Lead Your Project to Success
Best Crypto Marketing Ideas to Lead Your Project to SuccessBest Crypto Marketing Ideas to Lead Your Project to Success
Best Crypto Marketing Ideas to Lead Your Project to Success
 
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota CollectionOffice Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
 

Sme2010

  • 1. Small and Medium Sized Enterprises 2010 Some Facts and Figures C W Mobbs July 2011
  • 2. Introduction • For the purposes of this analysis, small and medium sized enterprises are defined as those with less than 250 employees (large enterprises have 250+) • Small enterprises have less than 50 employees; medium ones between 50 and 249 • An enterprise is defined as a profit, non-profit or government organisation Data Source: Department for Business Innovation and Skills ‘Business Population Estimate for the UK and Regions, 2010’, unless otherwise stated.
  • 3. SMEs • UK SMEs accounted for 99.9% of all private sector enterprises, 59.2% of private sector employment and 48.6% of private sector turnover • Enterprises comprising one employee director and self employed owner-managers alone accounted for 73.4% of all enterprises, 15.7% of employment and 6.6% of turnover • Small enterprises alone accounted for 99.3% of all enterprises, 47.1% of employment and 35.0% of turnover • Turnover in SMEs is estimated at £1,562 bn, £27 bn (1.7%) lower than 2009
  • 4. UK Enterprises (1) • There are 4,572,015 enterprises in the UK economy • Of these, 98.1% are private sector organisations, realising 93.6% of whole economy turnover • A further 0.1% are Central or Local Government, employing 18.1% of total employment and 1.8% are non-profits, employing 6.4% of total employment
  • 5. UK Enterprises (2) Enterprises Employment Turnover All enterprises 4,572,015 29.8 m £3,433 bn Private sector 98.1% 75.6% 93.6% Central and Local 0.1% 18.1% 4.5% Government Non-profit Organisations 1.8% 6.4% 2.0%
  • 6. Private Sector Enterprises Numbers • 73.4% of enterprises have no employees (ie, consist of sole director or self-employed owner-manager) • 0.06% of organisations have more than 500 employees • Small enterprises account for 99.3% of enterprises and medium enterprises for 0.6% No of Employees Enterprises 4,484,535 0 73.4% 1-9 22.1% 10-49 3.8% 50-249 0.6% 250-499 0.1% 500+ 0.1%
  • 7. Employees by Enterprise (1) 15.7% of all employment is in enterprises comprising a sole director or self-employed owner-manager
  • 8. Employees by Enterprise (2) • Total employment stands at 22.5 m • 15.7% of total private sector employment is in enterprises comprising sole directors or self-employed owner-managers • Small business with between 1 and 49 employees account for 31.5% of total employment • Medium sized enterprises account for a further 12.0% • Large companies account for 40.9%
  • 9. Enterprises and Turnover (1) Turnover of large enterprises accounts for 51.4% of all private sector turnover
  • 10. Enterprises and Turnover (2) • Total private sector turnover amounts to £3,212.3 bn • Despite having 73.4% of all private sector enterprises, organisations with a sole director or self-employed owner-manager only produced 6.6% of turnover • Small business with between 1 and 49 employees account for 28.4% of total turnover • Medium sized enterprises account for a further 13.6% • Large companies account for 51.4%
  • 11. About Innovation for Growth Founded in 2010, Innovation for Growth is a business consultancy firm that specialises in the provision of advice to small and medium sized enterprises. We work with companies from all sectors undertaking: innovation audits, innovation advice and the provision of strategy advice so our clients can maximise their business capabilities and achieve their growth aspirations. We also undertake desktop, business research and analysis, enabling our clients to concentrate on running their business. For more on our services, please see our website: www.innovationforgrowth.co.uk © 2011 Innovation for Growth