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English Practice

LN7507

GRF: £ 738,000

Number of Partners: Multi-Partner Practice

Location: Central London

Status:   under offer

This practice, which was established over 75 years ago, is available for sale due to the impending retirement of the partners.
Turnover: c£738,000
Fees: Average – £2,217, Largest – £25,300
Fees Include: 30 audit limited companies – £145,000, 143 non audit limited companies – £300,500, 19 partnerships & sole traders – £18,100, 251 tax cases – £100,200, 87 bookkeeping, payroll – £104,000, other – £53,000
Staff: 5 full-time, 1 part-time, 2 subcontract
Software: CCH, PTP, IRIS, Sage, Moneysoft
Premises: Leased (5 yrs to Q4 2023 and Q4 2028, break clause in Q2 2022, £48.8k p.a., 870 sq ft)
Consultancy: The partners would be available to assist in the transition period to ensure a smooth handover of clients.


 

English Practice

LN7507

GRF: £ 738,000

Number of Partners: Multi-Partner Practice

Location: Central London

Status:   under offer

This practice, which was established over 75 years ago, is available for sale due to the impending retirement of the partners.
Turnover: c£738,000
Fees: Average – £2,217, Largest – £25,300
Fees Include: 30 audit limited companies – £145,000, 143 non audit limited companies – £300,500, 19 partnerships & sole traders – £18,100, 251 tax cases – £100,200, 87 bookkeeping, payroll – £104,000, other – £53,000
Staff: 5 full-time, 1 part-time, 2 subcontract
Software: CCH, PTP, IRIS, Sage, Moneysoft
Premises: Leased (5 yrs to Q4 2023 and Q4 2028, break clause in Q2 2022, £48.8k p.a., 870 sq ft)
Consultancy: The partners would be available to assist in the transition period to ensure a smooth handover of clients.


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