Data on the profitability of small and medium enterprises (SME) in the manufacturing sector in the United Kingdom (UK) in the years ending June 2014 and June 2020 shows that in June 2020, it was found that a total of 70 percent of such SMEs reported having made a net profit in the previous 12 months.
Profitability of small and medium enterprises (SME) in the manufacturing sector in the United Kingdom (UK) in the years ending June 2014 and June 2020
In order to qualify for interview, SMEs had to meet the following criteria in addition to the quotas by size, sector and region:
Not 50%+ owned by another company
Not run as a social enterprise or as a not for profit organisation
Turnover of less than £25m
*The respondent was the person in charge of managing the business’s finances. Data was collected via interview.
Previous annual sample sizes: 1,811 (2014), 1,815 (2015)
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BDRC Continental. (September 19, 2020). Profitability of small and medium enterprises (SME) in the manufacturing sector in the United Kingdom (UK) in the years ending June 2014 and June 2020 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/291358/small-and-medium-enterprises-sme-manufacturing-profitability-uk/
BDRC Continental. "Profitability of small and medium enterprises (SME) in the manufacturing sector in the United Kingdom (UK) in the years ending June 2014 and June 2020." Chart. September 19, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/291358/small-and-medium-enterprises-sme-manufacturing-profitability-uk/
BDRC Continental. (2020). Profitability of small and medium enterprises (SME) in the manufacturing sector in the United Kingdom (UK) in the years ending June 2014 and June 2020. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/291358/small-and-medium-enterprises-sme-manufacturing-profitability-uk/
BDRC Continental. "Profitability of Small and Medium Enterprises (Sme) in The Manufacturing Sector in The United Kingdom (Uk) in The Years Ending June 2014 and June 2020." Statista, Statista Inc., 19 Sep 2020, https://www.statista.com/statistics/291358/small-and-medium-enterprises-sme-manufacturing-profitability-uk/
BDRC Continental, Profitability of small and medium enterprises (SME) in the manufacturing sector in the United Kingdom (UK) in the years ending June 2014 and June 2020 Statista, https://www.statista.com/statistics/291358/small-and-medium-enterprises-sme-manufacturing-profitability-uk/ (last visited August 25, 2024)
Profitability of small and medium enterprises (SME) in the manufacturing sector in the United Kingdom (UK) in the years ending June 2014 and June 2020 [Graph], BDRC Continental, September 19, 2020. [Online]. Available: https://www.statista.com/statistics/291358/small-and-medium-enterprises-sme-manufacturing-profitability-uk/