Local Leader in Accountancy and Payroll Solutions

Market-Leading Accountancy and Payroll Solutions Company Based In The East of England. With two operating entities, service offerings range from, inter alia, self-assessment tax return preparation, accounts preparation and capital gains tax planning to payroll and administration works. Along with that, The company also provide CIS services and undertakes company secretarial work

Key Aspects

• The company is an established accountancy company with a strong foothold in East Anglia. 
• The company has over 20 years of experience in the accountancy industry. 
• Supported by its sister operation of payroll solutions, the companies have developed a strong reputation within the local market. 
• The companies employ industry recognised software to deliver their services within their region.
• The companies benefit from a shared client based of strong and loyal custom, enabling them to secure exceptionally high levels of repeat business and numerous referrals, further affirming their excellent reputation in their area. 
• Over the years, any client loss has generally been related to clients closing their business or retiring. 
• Approximately 70% of the staffing team have been with the companies for over eight years. The well-established team members have forged strong relationships with clients who value the consistency of approach they provide.
• The client portfolio is highly diverse, encompassing various sectors of operation, sizes, and employee counts, which mitigates risk of any single sector downturn.

Opportunities

• Opportunity for a similar trade acquirer to secure a leading accountancy company in its locality, with a route to expand operations in the East of England. 
• Gain a robust and expanding client portfolio - since the start of 2023, the accountancy division has secured a substantial amount of new client work (without proactive marketing) which, to date, will increase turnover by approximately 10%. 
• The companies are able to adapt to an increase in demand resulting from increased advertising and promotional activities the acquirer utilises.
• The companies offer an exceptional business planning and support provision for directors and managers to grasp the workings of fast-paced, multi-disciplined firms, an asset that could be leveraged and expanded by any potential acquirer.
• The companies boast modern, well-maintained offices located in the town centre, near banks, building societies, estate agents, and other professional service providers. These strategic locations provides any potential acquirer with an opportunity to expand business further within the local area.