Do I Need SECR With Under £36m Turnover?
SECR Required?NO
Explanation
Under £36m turnover means you don't meet the financial threshold. You would need 250+ employees AND £18m+ balance sheet to qualify.
Action Required
No SECR filing required based on turnover. Check other criteria.
Future Planning
Monitor growth toward £36m threshold if approaching it.
Related Considerations
- Turnover measured for the financial year
- Group turnover if part of consolidated group
- Growing companies should plan ahead
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