There are over a quarter of a million manufacturing SMEs in the UK, making up the lion's share of the sector. New research, conducted by Qardus, has analysed data from the ONS to determine where SMEs are thriving and where they are in fact struggling.
The analysis was based on six different factors, including the following: The Active Enterprise Change between 2021-2023, the change in the count of births of new enterprises 2020-2022, the change in the count of deaths of new enterprises 2020-2022, the change of high growth enterprises per 1,000, and the survival rate of SMEs across three…
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