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Company size definitions and exclusions are used by Companies House to determine what information a company needs to file (e.g. abbreviated or full accounts). A company must meet certain conditions to be classified as, Micro, Small, Medium or Large. You can see what size a company is by checking the type of accounts they are filling with Companies House.

Company TypeConditionsExclusions
Definition of a micro-entityA micro-entity must meet at least two of the following conditions:
  • turnover must be not more than £632,000
  • the balance sheet total must be not more than £316,000
  • the average number of employees must be not more than 10
 - a limited liability partnership
- a limited partnershipa qualifying partnership as defined under the Partnership (Accounts) Regulations 2008
- a public limited company
- an overseas company
- an unregistered companya company authorised to register under section 1040 Companies Act 2006
- a charitable company
- a company that is excluded from the small company’s regime under section 384 Companies Act 2006, or is excluded from being treated as a micro-entity under section 384B Companies Act 2006.
Definition of a small companyA small company must meet at least two of the following conditions:
  • annual turnover must be not more than £6.5 million
  • the balance sheet total must be not more than £3.26 million
  • the average number of employees must be not more than 50
 - a public company
- a member of an ineligible group
- an authorised insurance company
- a banking company
- an e-money issuer
- a MiFID (i.e. Markets in Financial Instruments Directive) investment firm
- a UCITS (i.e. Undertakings for Collective Investment in Transferable Securities) management company or carried on insurance market activity
Definition of a medium-sized companyA medium sized company must meet at least two of the following conditions:
  • annual turnover must be no more than £25.9 million
  • the balance sheet total must be no more than £12.9 million
  • the average number of employees must be no more than 250
 - a public company
- a company that has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity or that carries on an insurance market activity
- a member of an ineligible group
Definition of a large-sized companyA large sized company must meet at least two of the following conditions:

- annual turnover must be more than £26 million
- the balance sheet total must be more than £13 million
- the average number of employees must be more than 250		 - a public company
- a company that has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity or that carries on an insurance market activity
- a member of an ineligible group
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