Cash flow
Percent of UK small businesses that are cash flow positive
Over the past year, on average 51.8 per cent of UK small businesses are cash flow positive in any given month, with incomings and outgoing highly variable at different times of the year.
Want to know more? Get in touch
Getting paid
Average number of days for a UK small business invoice to be paid (30-day term)
The average delay for these payments over a year was 39.22 days, with the worst months for late payments typically falling in the first quarter of the year.
Want to know more? Get in touch
Hiring people
Percentage change in the number of UK small business employees
June was 2018’s highest employment growth month at 2.10 per cent - coinciding with March being a relatively high-cash flow month - while the worst months for employment growth are October to December.
Want to know more? Get in touch
Trading overseas
Percentage movement in the total sterling value of imports vs. exports
Leading up to the Brexit referendum in June 2016, our data revealed decreases in import growth rates, with the year-on-year (YOY) growth rate in April 2016 hitting a high of 30.58%.
Want to know more? Get in touch
Cloud adoption
A breakdown of the top 5 UK industries adopting Xero
Professional Scientific and Technical Services, and Construction industries adopted Xero more than any other sector in the year through 31 March 2019.
Want to know more? Get in touch
UK | Reporting period: February 01, 2019 - February 29, 2020
Published: April 8, 2020
Next publish: Small Business Insights data is currently under review and will be updated soon
Read commentary
Small Business Insights: helping small businesses grow
by Gary Turner, Managing Director
Xero Small Business Insights provides a monthly snapshot of the UK’s small business sector. Taking anonymised, aggregated data, it provides insights into four key areas of small business health: cash flow, getting paid, hiring people and trading overseas.
Read commentary