SlideShare a Scribd company logo
SMALL AND MEDIUM SIZED 
ENTERPRISES 2013 
SOME FACTS AND FIGURES 
C W Mobbs 
November 2013
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, 2013’, unless otherwise stated.
SMEs 
• UK SMEs accounted for 99.9% of all private sector enterprises, 
59.3% of private sector employment and 48.1% of private sector 
turnover 
• Enterprises comprising one employee director and self 
employed owner-managers alone accounted for 75.3% of all 
enterprises, 16.6% of employment and 6.4% of turnover 
• Small enterprises alone accounted for 99.2% of all enterprises, 
47.0% of employment and 33.1% of turnover 
• Turnover in SMEs is estimated at £1,578 bn, £49 bn (3.2%) 
higher than 2012
UK Enterprises (1) 
• There are 4,984,085 enterprises in the UK economy 
• Of these, 98.2% are private sector organisations, realising 
93.4% of whole economy turnover 
• A further 0.2% are Central or Local Government, employing 
16.4% of total employment and 1.6% are non-profits, 
employing 5.6% of total employment
UK Enterprises (2) 
Enterprises Employment Turnover 
All enterprises 4,984,085 31.3 m £3,513 bn 
Private sector 98.2% 77.7% 93.4% 
Central and 
Local 
Government 
0.2% 16.4% 4.6% 
Non-profit 
Organisations 
1.6% 5.6% 2.0%
Private Sector Enterprises 
Numbers 
• 75.3% 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 
99.2% of enterprises and 
medium enterprises for 0.6% 
No of 
Employees 
Enterprises 
4,895,655 
0 75.3% 
1-9 20.2% 
10-49 3.8% 
50-249 0.6% 
250-499 0.1% 
500+ 0.1%
Employees by Enterprise 
(1) 
16.6% of all employment is in enterprises 
comprising a sole director or self-employed owner-manager
Employees by Enterprise (2) 
• Total employment stands at 24.3 m 
• 16.6% 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 30.4% of total employment 
• Medium sized enterprises account for a further 12.3% 
• Large companies account for 40.7%
Enterprises and Turnover 
(1) 
Turnover of large enterprises accounts for 
51.9% of all private sector turnover
Enterprises and Turnover 
(2) 
• Total private sector turnover amounts to £3,280.0 bn 
• Despite having 75.3% of all private sector enterprises, 
organisations with a sole director or self-employed owner-manager 
only produced 6.4% of turnover 
• Small business with between 1 and 49 employees account 
for 26.8% of total turnover 
• Medium sized enterprises account for a further 15.0% 
• Large companies account for 51.9%
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

Similar to Sme2013xtra

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
 
micro small medium enterprise seminar
micro small medium enterprise seminarmicro small medium enterprise seminar
micro small medium enterprise seminar
Puneet Choudhary
 
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
 
Research Showcase 2024 final presentation slides
Research Showcase 2024 final presentation slidesResearch Showcase 2024 final presentation slides
Research Showcase 2024 final presentation slides
enterpriseresearchcentre
 
Role of SMEs in Pakistan
Role of SMEs in PakistanRole of SMEs in Pakistan
Role of SMEs in PakistanAli Qureshi
 
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
 
Role of SMEs in Pakistan
Role of SMEs in PakistanRole of SMEs in Pakistan
Role of SMEs in Pakistan
Ali Qureshi
 
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)
 
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
 
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
 
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
 
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDFLotwina Farodoye
 
18,000 Businesses[2]
18,000 Businesses[2]18,000 Businesses[2]
18,000 Businesses[2]Phil Tapsell
 
The Voice of Australian Business 2015: Our insights into Tax, tech & life aft...
The Voice of Australian Business 2015: Our insights into Tax, tech & life aft...The Voice of Australian Business 2015: Our insights into Tax, tech & life aft...
The Voice of Australian Business 2015: Our insights into Tax, tech & life aft...
Bentleys (WA) Pty Ltd
 
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
 
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
 
Wit Rikon Marketing Institute Presentation
Wit Rikon Marketing Institute PresentationWit Rikon Marketing Institute Presentation
Wit Rikon Marketing Institute Presentation
paularonan
 
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
 

Similar to Sme2013xtra (20)

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
 
micro small medium enterprise seminar
micro small medium enterprise seminarmicro small medium enterprise seminar
micro small medium enterprise seminar
 
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
 
Research Showcase 2024 final presentation slides
Research Showcase 2024 final presentation slidesResearch Showcase 2024 final presentation slides
Research Showcase 2024 final presentation slides
 
Role of SMEs in Pakistan
Role of SMEs in PakistanRole of SMEs in Pakistan
Role of SMEs in Pakistan
 
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
 
Role of SMEs in Pakistan
Role of SMEs in PakistanRole of SMEs in Pakistan
Role of SMEs in Pakistan
 
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...
 
Medium, Small and Micro enterprises MSM
Medium, Small and Micro enterprises MSMMedium, Small and Micro enterprises MSM
Medium, Small and Micro enterprises MSM
 
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
 
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
 
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF
18,000 GrowthAccelerator Clients INFOGRAPHIC.PDF
 
18,000 Businesses[2]
18,000 Businesses[2]18,000 Businesses[2]
18,000 Businesses[2]
 
The Voice of Australian Business 2015: Our insights into Tax, tech & life aft...
The Voice of Australian Business 2015: Our insights into Tax, tech & life aft...The Voice of Australian Business 2015: Our insights into Tax, tech & life aft...
The Voice of Australian Business 2015: Our insights into Tax, tech & life aft...
 
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
 
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.
 
Key Small Business Statistics in Canada
Key Small Business Statistics in CanadaKey Small Business Statistics in Canada
Key Small Business Statistics in Canada
 
Wit Rikon Marketing Institute Presentation
Wit Rikon Marketing Institute PresentationWit Rikon Marketing Institute Presentation
Wit Rikon Marketing Institute Presentation
 
ONS Economic Forum 29 January 2019
ONS Economic Forum 29 January 2019ONS Economic Forum 29 January 2019
ONS Economic Forum 29 January 2019
 

More from Chris Mobbs

Ownership of UK Quoted Shares 2014
Ownership of UK Quoted Shares 2014Ownership of UK Quoted Shares 2014
Ownership of UK Quoted Shares 2014
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 (7)

Ownership of UK Quoted Shares 2014
Ownership of UK Quoted Shares 2014Ownership of UK Quoted Shares 2014
Ownership of UK Quoted Shares 2014
 
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

5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
ofm712785
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
fakeloginn69
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
HumanResourceDimensi1
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
dylandmeas
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 
Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
KaiNexus
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
seoforlegalpillers
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
NathanBaughman3
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
Operational Excellence Consulting
 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
tjcomstrang
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
Sam H
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
Falcon Invoice Discounting
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 

Recently uploaded (20)

5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 
Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 

Sme2013xtra

  • 1. SMALL AND MEDIUM SIZED ENTERPRISES 2013 SOME FACTS AND FIGURES C W Mobbs November 2013
  • 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, 2013’, unless otherwise stated.
  • 3. SMEs • UK SMEs accounted for 99.9% of all private sector enterprises, 59.3% of private sector employment and 48.1% of private sector turnover • Enterprises comprising one employee director and self employed owner-managers alone accounted for 75.3% of all enterprises, 16.6% of employment and 6.4% of turnover • Small enterprises alone accounted for 99.2% of all enterprises, 47.0% of employment and 33.1% of turnover • Turnover in SMEs is estimated at £1,578 bn, £49 bn (3.2%) higher than 2012
  • 4. UK Enterprises (1) • There are 4,984,085 enterprises in the UK economy • Of these, 98.2% are private sector organisations, realising 93.4% of whole economy turnover • A further 0.2% are Central or Local Government, employing 16.4% of total employment and 1.6% are non-profits, employing 5.6% of total employment
  • 5. UK Enterprises (2) Enterprises Employment Turnover All enterprises 4,984,085 31.3 m £3,513 bn Private sector 98.2% 77.7% 93.4% Central and Local Government 0.2% 16.4% 4.6% Non-profit Organisations 1.6% 5.6% 2.0%
  • 6. Private Sector Enterprises Numbers • 75.3% 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 99.2% of enterprises and medium enterprises for 0.6% No of Employees Enterprises 4,895,655 0 75.3% 1-9 20.2% 10-49 3.8% 50-249 0.6% 250-499 0.1% 500+ 0.1%
  • 7. Employees by Enterprise (1) 16.6% of all employment is in enterprises comprising a sole director or self-employed owner-manager
  • 8. Employees by Enterprise (2) • Total employment stands at 24.3 m • 16.6% 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 30.4% of total employment • Medium sized enterprises account for a further 12.3% • Large companies account for 40.7%
  • 9. Enterprises and Turnover (1) Turnover of large enterprises accounts for 51.9% of all private sector turnover
  • 10. Enterprises and Turnover (2) • Total private sector turnover amounts to £3,280.0 bn • Despite having 75.3% of all private sector enterprises, organisations with a sole director or self-employed owner-manager only produced 6.4% of turnover • Small business with between 1 and 49 employees account for 26.8% of total turnover • Medium sized enterprises account for a further 15.0% • Large companies account for 51.9%
  • 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