Do I Need SECR With 50 Employees?

SECR Required?NO

Explanation

With 50 employees, you are well below the SECR threshold of 250 employees. You would need to meet 2 of 3 criteria (250+ employees, £36m+ turnover, £18m+ balance sheet) to qualify.

Action Required

No SECR filing required. However, you should track your growth as you approach the thresholds.

Future Planning

If you're growing rapidly, plan for SECR compliance when you approach 250 employees or the financial thresholds.

Related Considerations

  • ESOS applies at 250+ employees—different threshold
  • Consider voluntary carbon reporting for ESG credentials
  • Some customers may require carbon disclosures regardless of size

Not Sure If You Qualify?

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