Established Greater London Accountancy Practice for Sale – £400k Recurring Fees
Established Greater London Accountancy Practice for Sale
Overview
An excellent opportunity to acquire a modern, fully remote accountancy practice serving a predominantly Greater London client base. Established in 2019, the firm has developed a strong reputation across audit, accounting, tax compliance and advisory services, generating recurring annual fees of c£400,000.
The practice benefits from a highly efficient paperless operating model, an experienced partner-led service offering, and a loyal client base located predominantly within the M25. The business delivers a broad mix of compliance and advisory work and offers significant opportunities for growth through the introduction of additional specialist services.
This acquisition would suit an established firm seeking a profitable bolt-on acquisition, a London practice looking to expand its client portfolio, or a regional firm wishing to strengthen its presence in the South East without the overhead of physical premises.
Key Highlights
- Location: Greater London (Fully Remote)
- Annual Fee Income: c. £400,000
- Gross Profit: c£300,000
- Recurring Revenue: 100%
- Established: Since 2019
- Client Base: Predominantly within the M25
- Average Fee Range: £500 – £20,000
- Advisory & Consultancy Revenue: c. 13–19%
- Paperless Operation
- Fully Remote Working Model
- Tax Fee Protection Scheme in Place
- Strong Growth Potential
Client Base
The practice serves a diverse portfolio of businesses and private clients, with the majority located within Greater London and the surrounding M25 region.
The client portfolio benefits from:
- Long-standing recurring relationships
- Broad sector diversification
- Strong client retention levels
- Limited geographical concentration risk
- Opportunities for cross-selling wider advisory services
The practice has maintained a consistent level of fee income and client loyalty since inception.
- Statutory Accounts Preparation
- Consultancy & Advisory
- ATED Compliance
- Company Secretarial Services
- Registered Office Facilities
The practice also benefits from specialist expertise in private client taxation and audit services.
Operations & Systems
The business operates using a fully digital and cloud-based infrastructure.
Software Platforms
- CCH Tax
- CCH Accounts Production
- Croner / PCAS Audit Software
- Xero
- Microsoft Teams
- Microsoft Office Suite
The practice is entirely paperless and operates without physical office premises, making integration into an existing firm particularly straightforward.
Staffing
The practice currently operates with a lean structure and partner-led delivery model. The business therefore offers a highly scalable acquisition with minimal staffing complexity.
Growth Opportunities
The practice presents several opportunities for growth, including:
- Cross-selling wider advisory services
- Expanding audit and assurance offerings
- Introducing wealth management or financial planning referrals
- Developing specialist tax advisory services
- Leveraging the firm’s established London client base
The vendor believes significant opportunities exist for a larger firm able to offer a broader range of services.
Ideal Acquisition Opportunity
This opportunity would particularly suit:
- London firms seeking recurring fee growth
- Regional firms expanding into Greater London
- Practices looking to acquire a profitable remote portfolio
- Buyers seeking strong tax and audit fee streams
- Firms wishing to acquire a paperless, cloud-based operation
Additional Information
- VAT Registered
- Professional Indemnity Insurance in place
- Most recent regulatory review completed satisfactorily
- Next regulatory review not due for four years
- No known PI claims
- Tax Fee Protection Scheme in place
- Fully remote and paperless operation
- No dependence on external introducers
- The vendor is open to a share or asset sale
To register your interest, please email info@accountantsforsale.co.uk and quote reference number 240030.
