South London Accountancy Practice For Sale
Overview
Accountants For Sale are delighted to present this well-established South London accountancy practice.
The practice generates approximately £360,000 in annual fees, including around £331,000 of recurring fee income, representing approximately 92% recurring revenues. Over the past 15 years the business has built an excellent reputation for supporting ambitious owner-managed businesses through a combination of compliance services and proactive business advisory support.
With a modern cloud-based infrastructure, an experienced delivery team and a loyal client portfolio, the practice represents an outstanding acquisition opportunity for firms seeking to strengthen their presence within the South London market.
The vendor is committed to finding a purchaser who will continue to build long-term relationships with both clients and staff.
Financial Highlights
- Total Annual Fees: c.£360,000
- Recurring Annual Fees: c.£331,000
- Non-Recurring Fees: c.£31,000
- Approximately 92% recurring revenue
- Client Numbers: 86
- Average Debtors: c.£5,000
Client Profile
The practice acts predominantly for established owner-managed businesses located throughout South East London.
Clients value the firm’s proactive, relationship-led approach, with many engaging for a broad range of ongoing compliance, tax and business advisory services.
The practice has developed long-standing client relationships and enjoys an excellent level of recurring income, providing purchasers with strong visibility of future revenues.
Services Provided
The firm offers a comprehensive range of recurring services including:
- Annual Accounts
- Corporation Tax
- Bookkeeping
- Payroll
- VAT Compliance
- Self Assessment
- Tax Planning
- Business Coaching
- Management Reporting
- Budgeting
- Registered Office Services
- Software Subscription Management
- Tax Investigation Protection
The inclusion of recurring advisory and business coaching services provides an attractive revenue stream beyond traditional compliance work.
Recurring Revenue
The practice benefits from a highly diversified recurring income base generated across multiple service lines, including:
- Annual Accounts & Corporation Tax
- Bookkeeping
- Payroll
- VAT
- Personal Tax
- Business Coaching
- Tax Planning
- Management Reporting
- Software Subscriptions
- Registered Office Services
This broad service offering helps promote excellent client retention and provides opportunities for future growth.
Systems
The practice has embraced cloud technology and operates using:
- Xero Tax
- Xero Workpapers
- Capium
- Dext
- FathomHQ
These modern systems allow for efficient delivery and straightforward integration into an acquiring practice.
Team
The business benefits from an experienced team supported by a combination of office-based, remote and outsourced personnel.
This established delivery model provides operational flexibility and enables the practice to service clients efficiently while offering scope for future expansion.
Further staffing information will be made available to qualified purchasers following execution of a Confidentiality Agreement.
Premises
The practice operates from leased offices in South London.
The current premises provide capacity for future expansion and may be retained or integrated into an acquiring firm’s existing operations, depending on the purchaser’s requirements.
Reasons to Acquire
- Approximately £331,000 recurring annual fees
- Approximately 92% recurring income
- Well-established South London practice
- Loyal owner-managed business client base
- Strong advisory and business coaching offering
- Modern cloud-based systems
- Experienced operational team
- Excellent opportunities for future growth
- Straightforward integration into an existing practice
Vendor Support
The vendor is committed to providing a comprehensive handover to ensure a smooth transition for clients, staff and the successful purchaser.
Next Steps
Further financial information, staffing details and supporting documentation will be made available to genuinely interested parties following completion of our Confidentiality Agreement.
For further information, please contact Accountants For Sale on info@accountantsforsale.co.uk and quote reference number 260033
