UK electronics manufacturing business performance survey small firm performance

Company size and the size is not the ultimate goal of enterprise, can bring good financial performance is more important. According to Electronics Manufacturers industry analyst Plimsoll Publishing Research Report, the smaller manufacturers to publish excellent year-end reports, often let the industry giant shame.

This research report covers 250 of Britain's biggest electronics companies, and their financial performance with the British electronics manufacturers 1000 smaller compared.

There is no doubt that the 250 major manufacturers control nearly 94% of the market, but look at their current performance in their respective fields, compared with their huge asset size is incongruous.

In the 250 largest companies, 113 sales growth failed to exceed the industry average, 131 more than the industry average profit is lower, the industry broke the blind worship of large enterprises. Plimsoll also found that the 250 major companies, the use of personnel in the company's low efficiency of the 102 companies, 83 companies are likely to face financial crisis.

In 1000 smaller companies, 420 of the annual sales growth rate of more than 1%, proved good in a stable market growth is possible, of which 229 pre tax profit rate of more than 8%, showing the quality of business and enterprise scale is not necessarily linked. 1000 smaller companies, with more than $188000 in sales per person in the top 133, suggest that the effects of economies of scale are not always effective. The strong performance of the 422 small companies shows that many small companies are well managed.