Well Established Guildford, Surrey Accountancy Practice for Sale

Location: Guildford, Surrey
Annual Turnover: £110,279
Gross Profit: £57,000
Years Established: 10
Client Numbers: 70
Recurring Fee Income: 60%
Asking Price: Offers Invited

Practice Overview

An excellent opportunity to acquire a well-established and profitable accountancy practice based in Guildford, Surrey. Founded 10 years ago, the practice has built a loyal and diverse client base across the South East and wider UK.

The firm generates an annual turnover of £110,279 and delivers a strong gross profit of £57,000 from a stable portfolio of 70 clients. The practice operates with a December year-end and is both VAT registered and fully covered by professional indemnity insurance, with no prior PI claims.

This is a genuinely profitable practice with solid foundations, making it ideal for an existing firm seeking expansion in the Guildford area or for an individual practitioner looking to acquire a quality fee base with immediate income and future growth potential.

Fee Breakdown

  • Total Annual Fees: £110,279
  • Recurring Fees: 60%
  • Non-Recurring Fees: 40%
  • Consultancy Fee Income: 10% of total revenue
  • Average Fee: £1,101
  • Largest Client Fee: £21,480
  • Smallest Client Fee: £144
  • Average Work in Progress: £13,000

The fee structure provides a healthy level of recurring income while also offering advisory and consultancy upside, further supporting the overall profitability of the practice.

Client Profile

  • Total Clients: 70
  • Client Split:
    • 30% Limited Companies
    • 70% Self-Assessment
  • Geographical Spread: Primarily UK-based, with a strong presence in the South East

The client portfolio offers a dependable mix of compliance and advisory work, ensuring ongoing recurring revenue and opportunities for cross-selling additional services.

Opportunity Highlights

  • Established 10-year trading history
  • Strong presence in Guildford, Surrey
  • Profitable practice with £57,000 gross profit
  • Good balance of Ltd company and personal tax clients
  • 60% recurring income
  • Consultancy income stream in place
  • No PI claims history
  • Growth potential through fee uplift and additional services

Reason for Sale

The owner is now looking to explore exit options and would welcome discussions with serious buyers who can ensure continuity of service for clients.

Next Steps

If you are interested in acquiring this profitable and well-established Guildford-based practice, please contact us in confidence to discuss further details, pricing expectations, and transition arrangements.

All enquiries are handled with strict confidentiality. Please contact us quoting reference 240023 for further information.