SME statistics Top 5 fastest growing tech companies in the UK 1.4m There were 1.4m employing businesses and 4.3m non-employing businesses in 2018. Some 75% of businesses did not employ anyone aside from the owner(s) n Darktrace Exploits artificial intelligence technologies for cybersecurity n Improbable Uses virtual reality technologies for multi-player gaming n Revolut Financial tech company offering current accounts via app n Transferwise Money transfer alternative to banks n Deliveroo Gives high-street restaurants access to the takeaway market by facilitating home orders OUT DISCOVER THE FACTS BEHIND THE UK'S SMES AND NEW BUSINESSES £2 trillion The combined annual turnover of SMEs, 52% of all private sector turnover Gymshark sporting goods Revolut financial tech digital banking platform One-third of UK businesses are based in London or the south-east (1.1 million and 874,000 respectively) A total of 10,016 software development and programming businesses were started in the UK for the first time in 2017, an increase of 59% on 2016 36% LinkedIn's Top 5 UK Start-Ups 2018 Monzo mobile banking app 59% ClearBank banking Skinnydip London retail of SME employers reported turnover growth in the Longitudinal Small Business Survey, with 19% reporting a fall 1/5 of all SMEs operate in construction 79