Accountancy Practice for Sale – West Somerset | Profitable, High-Recurring Fees

Location: West Somerset
Listing Date: 8 December 2025

Overview

A highly reputable accountancy practice for sale in West Somerset, offering high recurring income, a diversified client base, and stable year-on-year performance. This well-established firm provides a full range of accounting, tax, bookkeeping, VAT, and payroll services, making it an attractive opportunity for buyers seeking a profitable and scalable Accountancy business in the Southwest.

The practice benefits from experienced staff, long-standing client relationships, and consistent demand from local and regional SMEs. With over 90% recurring fees, this is an excellent acquisition for firms looking to expand through practice mergers, bolt-on acquisitions, or geographical growth.

Key Financial Highlights

  • Annual Turnover: £261,240
  • Recurring Fee Income: £201,000 (over 90%)
  • Non-Recurring Fee Income: £26,240
  • Pre-Tax Profit (including Director Salaries): £50,569
  • Number of Clients: 277
  • Average Fees: From £300 incl. VAT to £3556.80 incl. VAT
  • Work in Progress: Approx. one month of turnover

This strong recurring income profile makes the practice ideal for buyers seeking predictable revenue and long-term client retention.

Client Profile

  • Majority of clients based in West Somerset, with additional clients in Bridgwater and Taunton.
  • Payroll clients include both local and nationwide businesses.
  • Work includes:
    • Accountancy
    • Bookkeeping
    • VAT
    • Tax returns
    • Payroll
  • High retention and strong service relationships.

This practice offers a balanced and reliable client portfolio ideal for integration into an existing firm or for standalone operation.

Team & Infrastructure

  • Staff: 3.75 employees
  • Software: IRIS and QuickBooks Online
  • VAT Registered: Yes
  • Professional Indemnity Insurance: In place
  • PI Claims: None
  • Audit Work: None undertaken

The experienced team will ensure continuity, strong workflow management, and an easy transition for an acquiring firm.

Premises & Facilities

  • Premises: Owned (can be leased to the buyer)
  • Annual Premises Cost: Approx. £10,000 – c £20,000
  • Suitable for accommodating multiple staff
  • Flexible occupancy options available

Premises can be included or excluded depending on the buyer’s preferred operating model.

Additional Notes

  • Financial Year End: 26 May

For more information, please call 0203 811 8543 and quote reference number 240018.