Data on the profitability of small and medium enterprises (SME) in the wholesale and retail sector in the United Kingdom (UK) from the years ending June 2014 to 2020 shows that in June 2020, it was found that a total of 60 percent of such SMEs reported having made a net profit.
Profitability of small and medium enterprises (SME) in the wholesale and retail sector in the United Kingdom (UK) in the years ending June 2014 and June 2020*
* Wholesale and retail trade; repairs. ** The respondent was the person in charge of managing the business’s finances. Data was collected via interview.
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
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BDRC Continental. (September 19, 2020). Profitability of small and medium enterprises (SME) in the wholesale and retail sector in the United Kingdom (UK) in the years ending June 2014 and June 2020* [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/291377/small-and-medium-enterprises-sme-wholesale-retail-profitability-uk/
BDRC Continental. "Profitability of small and medium enterprises (SME) in the wholesale and retail sector in the United Kingdom (UK) in the years ending June 2014 and June 2020*." Chart. September 19, 2020. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/291377/small-and-medium-enterprises-sme-wholesale-retail-profitability-uk/
BDRC Continental. (2020). Profitability of small and medium enterprises (SME) in the wholesale and retail sector in the United Kingdom (UK) in the years ending June 2014 and June 2020*. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/291377/small-and-medium-enterprises-sme-wholesale-retail-profitability-uk/
BDRC Continental. "Profitability of Small and Medium Enterprises (Sme) in The Wholesale and Retail 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/291377/small-and-medium-enterprises-sme-wholesale-retail-profitability-uk/
BDRC Continental, Profitability of small and medium enterprises (SME) in the wholesale and retail sector in the United Kingdom (UK) in the years ending June 2014 and June 2020* Statista, https://www.statista.com/statistics/291377/small-and-medium-enterprises-sme-wholesale-retail-profitability-uk/ (last visited November 09, 2024)
Profitability of small and medium enterprises (SME) in the wholesale and retail 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/291377/small-and-medium-enterprises-sme-wholesale-retail-profitability-uk/