TAKE A LOOK AT OUR NATIONWIDE LAW FIRMS FOR SALE

Headline Points

General Overview:
Established Limited law company available for take-over
Main areas of expertise are Criminal Law; Conveyancing; Commercial Litigation and Landlord & Tenant
Lexcel Accredited
The transaction will be a sale of Company Shares
Directors have given notice to terminate the Crime Contract with the Legal Aid Agency which is due to terminate in June 2026.  Steps are being taken to close concluded matters and transfer live cases to other firms holding a crime contract

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.

Headline Points: • Turnover obtained from Internally prepared Management Accounts for the period 1st October 2025 to 28th February 2026 £342,698. Work-In-Progress in the order of £60,000. • Turnover for the Year Ended 30th September 2025 c £809,870. • Turnover for the Year Ended 30th September 2024 c £686,253. • Turnover for the Year Ended…

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.

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…

Headline Points 1. Financial Overview (Indicative Summary) – Period: 1 April 2025 – 28 February 2026 (internally prepared Management Accounts and hence figures subject to change) • Fee income: c £1,126,000 with excellent Profits • Work-in-Progress (WIP): c £80,000 • The company has no debt – The business is offered on a cash-free, debt-free basis…

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.

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.

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

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…

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%

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.