Introduction
This helpsheet has been issued by ICAEW's Technical Advisory Service to assist ICAEW members in determining whether a company meets the small or micro entity thresholds under the Companies Act 2006. This helpsheet is designed to provide an indicative view of whether a company meets the relevant thresholds only and is not suitable for use in a group situation.
Members may also wish to refer to the following related helpsheets:
Is my company micro or small?
If in doubt seek advice
ICAEW members, affiliates, ICAEW students and staff in eligible firms with member firm access can discuss their specific situation with the Technical Advisory Service on +44 (0)1908 248 250 or via webchat.
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ICAEW cannot accept responsibility for any person acting or refraining to act as a result of any material contained in this helpsheet. This helpsheet is designed to alert members to an important issue of general application. It is not intended to be a definitive statement covering all aspects but is a brief comment on a specific point.
ICAEW members have permission to use and reproduce this helpsheet on the following conditions:
- This permission is strictly limited to ICAEW members only who are using the helpsheet for guidance only.
- The helpsheet is to be reproduced for personal, non-commercial use only and is not for re-distribution.
For further details members are invited to telephone the Technical Advisory Service T +44 (0)1908 248250. The Technical Advisory Service comprises the technical enquiries, ethics advice, anti-money laundering and fraud helplines. For further details visit icaew.com/tas.
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Update History
- 01 Aug 2018 (12: 00 AM BST)
- First published
- 12 Apr 2024 (12: 00 AM BST)
- Changelog created. Converted to new template. Links updated. Helpsheet has not had a full review