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R&D Tax Credit Consultancy in Manchester - £1m Turnover, £421k EBITDA, Rapid Growth Forecast

Undisclosed, Manchester

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    07/12/22

  • Advert ID

    504887

  • Reference

    153129 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: Price on Application
  • Turnover: £1,000,000 (£19,231 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

An R&D Tax Credit Consultancy

Operating Nationally

Turnover of £1m with an adjusted EBITDA of £421k.

YE23 forecast turnover of £1.5m, increasing to £2.7m in YE24. 

An R&D tax credit consultancy guiding UK-based customers
through the complex process of R&D tax claims via innovative software.

Its easy-to-use platform allows customers to deliver the relevant
information for their claim, receiving a robust and secure service, while retaining efficiency and visibility throughout the process.

Working with its customers’ accounting teams, the company achieves an average uplift of 40%, and its portal automates and simplifies 90% of the traditional R&D claim process.

The software could be white labelled, and as the international R&D market is larger than the UK market, there is significant scope to scale the platform internationally.

Most of the company’s contracts are internal; however, to supplement this income, it undertakes contracts with several subcontract customers.

Fully relocatable opportunity.

Offers invited. 

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'An R&D Tax Credit Consultancy - 153129 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.