Featured Brokers
CONFIDENTIAL SALE
FOR SALE
618280
155411 / Rightbiz
Based in London
The company provides a specialised service that enables its clients to maximise innovation funding from various Government schemes, including R&D tax relief, R&D allowances, grants, patent box tax relief, and land remediation tax relief.
With extensive sector knowledge and experience, particularly in healthcare technology and construction, the company is able to provide a more in-depth understanding of the specific requirements of these industries, helping its clients to identify and unlock the financial benefits inherent in their operations.
At present, the company caters to over 250 clients, including several blue-chip organisations, benefiting from a 95% retention rate and client relationships spanning over six years.
The business is being offered for sale to facilitate its expansion under new ownership.
Offers invited.
Key Highlights
- An award-winning company with an excellent industry reputation for the quality and professionalism of its services and the added value brought by its knowledgeable team.
- Has submitted over 800 individual R&D tax claims during its time in operation, none of which have been retracted following a challenge from HMRC, as well as successfully defending many claims even up to first-tier tribunal.
- Clients include several well-known organisations run by respected industry professionals, with the calibre of the company’s portfolio increasing the credibility and eligibility of the claims it submits.
- Shareholders are willing to remain with the business post-sale, allowing a new owner to benefit from their significant expertise of a range of sectors and facilitate the growth of the company.
- Operates from leasehold premises in Central London, with scope to be relocated to any location, should a client prefer.
Financial Highlights
- Turnover of £1.2m for YE23, with an adjusted EBITDA of £665k.
- Turnover of £1.1m for YE24, with an adjusted EBITDA of £530k.
- Projected turnover of £1.35m for YE25, with an adjusted EBITDA of £815k.
- Pipeline of confirmed and ongoing work (already signed) expected to generate £1.35m in revenue (£455k of R&D already delivered as of July 24, £59k of grants already delivered, £220k planned for grants, and the remainder planned for R&D). This could be increased further with several opportunities that are currently under negotiation with clients in the sports science, waste management and healthcare sectors, amongst others.
- Considerable scope to increase turnover through the exploration of cross-selling opportunities, one of which could generate up to £1m in additional revenue.
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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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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