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by Normal_gaussian 2914 days 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...