Family Business Scale-ups: Breaking Barriers to Growth
The UK family business landscape
These family businesses are generating an estimated total revenue of £1.6 trillion. While not all businesses are required to report their turnover to Companies House, it is possible to extrapolate an estimate of their total turnover from the average reported by businesses in each size bracket:
Figure 3: Percentages of family businesses
Figure 4: Turnover of family businesses (FBs)
% of all active firms with employees on Companies House
Average reported
Number of family businesses
% of all family businesses
No. of family businesses
Estimated total turnover
turnover of FBs in size bracket
All family businesses
766,847
33.8%
All FB with employees
608,936
79.4%
26.8%
Micro (1–9)
£555.1bn
£1m 555,058
Micro (1-9)
555,058
72.4%
27.5%
Small (10–49)
£902.4bn
£19m 47,493
Small (10–49)
47,493
6.2%
23.6%
Medium (50–249)
£131.8bn
£23m 5,732
Medium (50–249)
5,732
0.7%
13.1%
Large (250+ employees) All family businesses
Large (250+ employees)
653
0.1%
5.4%
£34.6bn
£53m 653
£1,623.9bn
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