Long-Established Accountancy & Outsourcing Practice for Sale, Bath Area / North Somerset

Accountants For Sale is pleased to bring to market a long-established accountancy and outsourced finance practice based in the Bath area of North Somerset.

Reference: TBC
Location: Bath Area / North Somerset
Turnover: £340,000
Clients: Approximately 185
Recurring Income: c.90%
Established: 30+ years

Established more than 30 years ago, the business has developed a loyal and diverse client base and provides considerably more than traditional year-end accounting and tax services. Its offering includes bookkeeping, payroll, VAT, accounts and tax compliance alongside management reporting, forecasting, budgeting, cash-flow management, and outsourced finance support.

Financial Overview

Turnover for the year ended August 2026 was approximately £340,000, with approximately 90% recurring income. The vendor has identified a few costs that an existing accountancy practice or larger acquirer may be able to rationalise following acquisition, creating considerable potential to improve underlying profitability.

The vendor’s own analysis indicates that, where duplicated staffing and operational costs can be removed, EBITDA of approximately £148,000 could potentially be achievable. This should be regarded as an illustrative vendor estimate and will depend upon the purchaser’s existing infrastructure and post-acquisition operating model.

This could therefore represent a particularly attractive bolt-on acquisition for an established accountancy firm able to integrate the client base into its existing operation.

Strong Recurring Revenue

The practice benefits from an attractive recurring revenue profile:

  • Approximately 90% of overall fee income is recurring
  • 85% of revenue is collected by monthly standing order
  • Approximately 80% of clients are covered by annual recurring contracts
  • Current ongoing revenue is approximately £260,000 excluding VAT
  • Debtors are relatively low at approximately £10,000, with no material WIP reported.

Client Base

There are approximately 185 clients, comprising a substantial proportion of limited companies together with partnerships, charities/non-profit organisations, sole traders and personal tax clients.

The largest client generates approximately £22,400 per annum, while the top ten clients account for approximately 29% of total revenue, reducing reliance on any single customer.

Clients operate across a broad range of sectors, including professional services, IT, construction, property, consultancy, automotive and other commercial activities. While the practice has a strong South West presence, its digital operating model means clients are located throughout the UK and internationally.

Modern & Digital Operation

The practice has operated an online outsourcing model for many years and today makes extensive use of cloud-based technology.

Approximately 66% of revenue is associated with clients using Xero, with other systems including Sage, QuickBooks, IRIS, Excel and specialist payroll software

This should make the business particularly suitable for a modern accountancy practice seeking a portfolio that can be integrated into an existing digital operation.

Staff & Handover

The business has an experienced team covering accounts, management accounting, payroll and bookkeeping.

Several members of the team have been identified as important to continuity and client retention, while other roles may potentially overlap with the infrastructure of an acquiring practice. This gives a purchaser flexibility to retain key knowledge and client relationships while rationalising duplicated costs where appropriate.

The principal shareholder is seeking to step away but is prepared to provide a short handover period to help ensure an orderly transition.

The Opportunity

This is likely to be particularly attractive to an established accountancy practice looking for a substantial bolt-on acquisition in the South West.

Key attractions include £335k+ turnover, high recurring revenue, monthly collections, contractual client relationships, a long-established client base, experienced staff and considerable potential for operational synergies.

The practice is also loan and lease-finance free, while the existing office arrangements provide flexibility depending upon whether a purchaser wishes to retain a local presence or integrate the operation into its existing premises.

Serious enquiries are invited from established accountancy practices and suitably qualified acquirers. Further confidential information will be provided following completion of Accountants For Sale’s buyer registration process, NDA and Terms of Business.

At a Glance

Location: Bath Area / North Somerset
Turnover: £335,459
Clients: c.185
Recurring Income: c.90%
Annual Contracts: c.80% of clients
Monthly Standing Orders: c.85% of revenue
Largest Client: c.£22,400
Top 10 Clients: c.29% of revenue
Reason for Sale: Shareholder exit
Handover: Available
Reference: TBC

All enquiries will be treated in the strictest confidence. Further information will be provided to suitable interested parties following completion of the appropriate confidentiality documentation.

To discuss this opportunity, please contact Accountants For Sale at info@accountantsforsale.co.uk, quoting reference 260039.