Social enterprise continues to grow in the UK, according to largest ever survey

May 29, 2017

Social enterprises in the UK are growing strongly, reinvesting millions of pounds into doing good and providing thousands of jobs across the country, according to a new report.

The NatWest SE100 report is the biggest survey of the UK social enterprise sector’s turnover, growth, profitability and employment to date and compiles data from 2,120 social enterprises.

Results reveal a sector growing from strength to strength with profits of nearly £1bn and with average year-on-year growth in turnover for the established social enterprises of 61%.

Key findings from the report are:

  • The social enterprise sector is growing strongly – with average year-on-year growth in turnover for the established social enterprises on the Index of 61%
  • The leading social enterprises are growing at a phenomenal rate with average year-on-year growth of the 100 fastest growing enterprises of 932%
  • 57% of social enterprises reported growth in their turnover
  • Social enterprises on the NatWest SE100 Index reported a combined total of £934m in profit, with a significant proportion of this profit used to further their social or environmental goals.
  • 84% of the enterprises on the Index are small and medium-sized enterprises (SMEs) or micro-enterprises.

To read the full findings, download the report here.

Read the NatWest news story here.