{
 "dataset": "size-band-shift-2025",
 "title": "Companies and LLPs expected to change size band after the April 2025 thresholds rise",
 "publisher": "Established Finance",
 "page": "https://establishedfinance.co.uk/data-downloads/#size-band-shift-2025",
 "version": "1.0",
 "source": {
  "name": "Department for Business and Trade, Explanatory Memorandum to SI 2024/1303, paragraph 5.13",
  "url": "https://www.legislation.gov.uk/uksi/2024/1303/pdfs/uksiem_20241303_en_002.pdf",
  "published": "Laid before Parliament with the Regulations on 10 December 2024",
  "retrieved": "2026-09-24"
 },
 "licence": {
  "text": "Open Government Licence v3.0 (legislation.gov.uk content)",
  "url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/"
 },
 "columns": [
  {
   "name": "from_band",
   "description": "Size band under the old thresholds"
  },
  {
   "name": "to_band",
   "description": "Size band under the new thresholds"
  },
  {
   "name": "estimated_companies_and_llps",
   "description": "Government estimate, rounded as published ('around')"
  }
 ],
 "notes": [
  "These are estimates made before the change took effect, not a count of companies that did move.",
  "They include limited liability partnerships as well as companies.",
  "Most small companies could already claim audit exemption before April 2025, so the 113,000 small to micro movers mainly gain the lighter micro-entity accounts regime rather than a new audit exemption. The 14,000 medium to small movers are the ones for whom the change can newly open the small companies audit exemption."
 ],
 "rows": [
  {
   "from_band": "small",
   "to_band": "micro-entity",
   "estimated_companies_and_llps": 113000
  },
  {
   "from_band": "medium-sized",
   "to_band": "small",
   "estimated_companies_and_llps": 14000
  },
  {
   "from_band": "large",
   "to_band": "medium-sized",
   "estimated_companies_and_llps": 6000
  }
 ]
}