Qualification for a small or medium sized company
Qualification applies if two or more of the following criteria are met in the current and preceding year:
| Type of Company |
Qualification Requirements |
Not More Than |
| Small company - up to 5 April |
Turnover |
£5.6m |
| Balance sheet total |
£2.8m |
| Number of employees |
50 |
| Small company from 6 April 2008 |
Turnover |
£6.5m |
| Balance sheet total |
£3.26m |
| Number of employees |
50 |
| Medium sized company |
Turnover |
£22.8m |
| Balance sheet total |
£11.4m |
| Number of employees |
250 |
| Small group up to 5 April 2008 |
Aggregate turnover |
£5.6m net or £6.7m gross |
| Balance sheet total |
£2.8m net or £3.36m gross |
| Number of employees |
50 |
| Small group from 6 April 2008 |
Aggregate turnover |
£6.5m net or £7.8m gross |
| Balance sheet total |
£3.26m net or £3.9m gross |
| Number of employees |
50 |
| Medium sized group |
Aggregate Turnover |
£22.8m or £27.36m gross |
| Aggregste balance sheet total |
£11.4m or £13.68m gross |
| Aggregate number of employees |
250 |
