Medium-Sized Company
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What is the definition of a Medium-Sized Company?
To be a medium-sized company, they must meet at least two of the following conditions:
- annual turnover must be no more than £36 million
- the balance sheet total must be no more than £18 million
- the average number of employees must be no more than 250.
For more information read our article on Medium-Sized Companies Filed Accounts
Related Articles:
- Glossary: Exemptions for Medium-Sized CompaniesMedium sized companies may be able to claim certain exemptions when they file their accounts. Such as the disclosure of some key performance indicators.
- Glossary: Filed Accounts Medium-Sized CompanyAs with a small company, a medium-sized company is determined by its turnover, balance sheet total (meaning the total of the assets) and the average number of employees.
- Glossary: Exemptions for Subsidiary CompaniesA subsidiary may claim exemption from audit if its parent is established under the law of an EEA state, in certain circumstances.
- Glossary: Company Size DefinitionsCompany size definitions and exclusions are used by Companies House to determine what information a company needs to file (e.g. abbreviated or full accounts)
- Glossary: Exemptions for Group Companies