80% Micro
16% Small
3% Mid
1% Large
0% Mega
INSIGHTS - APRIL 2024
UK Business Support Industry
UK Business Support Industry Information
The business support industry provides office administrative services and business support functions such as reception, billing and record keeping, personnel and mail services. Other services include call centres, document management and the organisation of trade shows.
Active Businesses
191,629
Annual Sales
£568bn +
Employees
2,514,856
Economic Contribution
£344bn
Tags
Location of Business Support Companies
Business Support Companies by Size
Largest Business Support Companies
Turnover
Aramco Trading Limited
£22.2bn
Greenergy Fuels Limited
£18.9bn
Bp Gas Marketing Limited
£16.1bn
Business Support Companies by Age
33% Established
32% Young
21% Startup
15% Mature
0% New
Oldest Business Support Companies
Established
Fastest Growing Business Support Companies
40% Declining
18% Healthy
17% Rapid
13% High
12% Low
Fastest Growing Business Support Companies
3yr CAGR
Business Support Industry Competitive Environment - New Entrants vs Leavers
Business Support Industry Valuation
EBITDA Multiple
Business Support Industry Valuation
Turnover Multiple
Business Support Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Office administrative, office support and other business support activities Industry Insights
There are 191,629 active Businesses in the UK with combined annual sales of £568 billion .
The Industry employs around 2,514,856 people and contributes £344 billion to the economy.
The most popular location for Business Support companies is London with 55,765 and the fewest are located in Northern Ireland with 1,595.
The largest Business Support company is Petrochina International (London) Co., Limited with a turnover of £26bn. 80% of the industry is comprised of Micro companies with only 3% Mid companies.
15% of the Business Support Industry is made up of 15% Mature but the majority are Established businesses (33%) the oldest company is N.p.k. Holdings Limited founded in 1864.
Business Support industry has a number of high growth companies (13%), the fastest growing company is Edge Hill Enterprises Limited with a 3 year growth rate of 883%. Other fast growing companies include Uber Britannia Limited (645%), Aramco Trading Limited (445%) and Orsted Hornsea 1 Holdings Limited (440%).
The UK Business Support Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 9.34x, Turnover multiple of 1.48x and a Net Asset multiple of 2.48x.
