3 ms·
notably in the UK the size of a company is determined not just on employee numbers, but on turnover as well. For example in UK Government guidance on lodging co
by Normal_gaussian 8y ago
notably in the UK the size of a company is determined not just on employee numbers, but on turnover as well. For example in UK Government guidance on lodging company accounts with Companies House[0] it says:
"There are thresholds for turnover, balance sheet total (meaning the total of the fixed and current assets) and the average number of employees, which determine whether your company is a micro-entity, small or medium-sized."
And there are different requirements for each
[0] https://www.gov.uk/government/publications/life-of-a-company-annual-requirements/life-of-a-company-part-1-accounts#micro-entity-accounts https://www.gov.uk/government/publications/life-of-a-company...