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Housing Disrepair Law Company – For Sale. Greater Manchester

Asset Sale: Goodwill, Work-In-Progress, Furniture, Fixtures, Fittings, Equipment and Library – Offer invited.

Well run sole proprietors law practice is situated in the county of Merseyside.  The practice undertakes a variety of work – all privately paid and to include:

Residential Conveyancing
Commercial Conveyancing
Matrimonial / Family Law
Wills, Trusts, Probate, Estate Administration and LPA’s
Children work, Mental Health, Tribunal & Welfare
Landlord & Tenant – Litigious
Commercial Litigation

Predominantly Legally Aided work.

Bills Delivered for the Year Ended 31st March 2025, obtained from internally prepared Management Accounts £823,868.

Financial:

Fees for the period 1st May 2025 to 31st August 2025 c £76,000.

Fees receivable for the Year Ended 30th April 2025 c £252,000.

Breakdown of current work type:

– 100% Housing Disrepair work

Available for Sale:  Approx. 95 cases, most of which are medical negligence.  The current value of W.I.P. is c £1,325,000. The vendor seeks an Offer, subject to contract, by way of an upfront payment, and is keen to transact quickly.  

Work-In-Progress in the order of £100,000.

Gross Income for the Year Ended 31st March 2025, c £652,000.

Gross Income for the Year Ended 31st March 2024, c £510,000.

Turnover obtained from Internally prepared Management Accounts for the period 1stApril 2024 to 31st December 2024 (9-months):  Income, £2,368,489.  Work-In-Progress is in the order of £200,000.

Year Ended 31st March 2024:  £2,795,415.

Sales / Fees rendered obtained from Internally prepared Management Accounts for the period 1st January 2024 to 31st December 2024 (calendar year), £286,544. 

Estimated value of Work-In-Progress is in the order of £100,000.

Sales / Fees rendered for the Year 1st May 2022 to 31st March 2024 (23-months), £603,093.

Sales for the Year Ended 31st March 2024 £892,963 with excellent profits. 

Sales for the Year Ended 31st March 2023 £933,046 with excellent profits. 

Fee income obtained from Internally prepared Management Accounts for the Year Ended 30th April 2024, £90,688.09.  Work-In-Progress is in the order of £30,000.00 – £40,000.00 (figures subject to change). Fee income for the Year Ended 30th April 2023, £77,494. Practice to transfer to the Successor firm on a ‘cash-free, debt free’ basis. Current Work Types…

Total Revenue obtained from Internally prepared Management Accounts for the period 1st July 2023 to 29th February 2024, £1,399,591.
Turnover / Sales of Goods for the Year Ended 30th June 2023, £1,657,845.

Bills Delivered obtained from Internally prepared Management Accounts for the period 1st July 2023 to 30th April 2024, £568,457

– Aged Debtors as at 30th April 2024: £43,809

– Work-In-Progress is in the order of £159,000

Bills Delivered obtained from Internally prepared Management Accounts for the Year Ended 30th June 2023, £601,761 with good profits.

Turnover obtained from Internally prepared Management Accounts for Year Ended 31st May 2024, £630,895 (figures are subject to change).  Work-In-Progress in the order of £800,000.

Fee Received for the Year Ended 31st May 2023 £646,440.

Fee income for the Year Ended 31st May 2022 £510,113.

Long established and well-run sole proprietor law practice, situated in South London.  The practice undertakes a variety of work – all privately paid and to include:

Wills, Trust, Probate & LPA’s 54%
Residential Conveyancing 29%
Commercial Conveyancing 12%

Well run law company dealing with a variety of work – all privately paid and to include: c 58%  Residential Conveyancing c 15%  Commercial Conveyancing c 17%  Wills, Trust, Probate and LPA’s c   8%  Landlord & Tenant c   2%  Commercial / Corporate work   Figures extracted from Year End Accounts: Year Ended 31st March 2022…

Well run and well-established law practice, situated in the county of Cornwall.  The practice undertakes a variety of work – all privately paid and to include: c 48% Wills, Trust, Probate, LPA’s & Estate Administration c 24%  Commercial Conveyancing c 20% Residential Conveyancing c 4%  Commercial & Corporate c 3%  All other Non Contentious work…

Emphasis of work types:

32% Residential Conveyancing
26% Personal Injury
11% Matrimonial

ABS shell company – For Sale.

Herewith Terms for the Sale/Merger/Take-over etc of Law Practice:

Fee Income obtained from Internally prepared Management Accounts for the period 1st April 2024 to 31st January 2025 £550,537.  Work-In-Progress in the order of £430,835.

Fee Income for the Year Ended 31st March 2024, £788,060.

Fee Income for the Year Ended 31st March 2023, £963,456.

No premium payable for Goodwill, Work-In-Progress, Furniture, Fixtures, Fittings, Equipment or Library This practice is located in a popular town of Hertfordshire. The practice is available with or without the office premises. Gross Income in the order of £150,000.  Good Net Profit ratio. The split of work is roughly as follows: Residential Conveyancing Commercial Conveyancing…

Long established practice, priding itself as a trusted law firm since 1994 and services over 1,000 client a year. The firm is well known in Middlesex and enjoys an excellent reputation with its clients and community. The firm offers a high-quality personable service to clients in a broad spectrum of legal matters to include: 1…

For sale is a law firm (Limited Liability Partnership) authorised by the Solicitors Regulation Authority (SRA). The law firm has no clients.  Professional indemnity insurance, will need to be renewed by the buyer once they have purchased the firm.