Small companies in the UK are only required to submit an abbreviated Balance Sheet to UK Companies House (this does not include any Profit & Loss items such as Turnover). To qualifty as a small company must meet at least two of the following conditions:
• annual turnover must be not more than £6.5 million;
• the balance sheet total must be not more than £3.26 million;
• the average number of employees must be not more than 50.