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Accountancy Practice Listings

The table below lists the accountancy practices who want to sell, buy, merge or are interested in centralised partnering, that we currently represent.

Use the filters to easily find the type of practice you might be interested in. Click on a listing to express an interest in that practice.

Ref no.LocationTypeServiceGRFStatus
ELSBIXPMLondonLimited CompanyBuying, Fee acquisition900k+In negotiationsRequest details on selling your practice
GXFKMWBQSouth Wales Buying, Fee acquisitionNew opportunityRequest details on selling your practice
ASID4YZZMiddlesexBuying, Fee acquisitionLess than 200kNew opportunityRequest details on selling your practice
UEFATNVNLancashireBuying, Fee acquisitionNew opportunityRequest details on selling your practice
84LNQMAFNorth Kent,ElthamSole PractitionerBuying, Fee acquisition900k+New opportunityRequest details on selling your practice
VKVZCZZTKentBuyingNew opportunityRequest details on selling your practice
LAO28XXKLondon/Home CountiesBuying, Fee acquisitionNew opportunityRequest details on selling your practice
4UQKOVG8Cardiff and BristolLimited CompanyBuying, Fee acquisition451-550kNew opportunityRequest details on selling your practice
R3PKU1ASSouthampton/PooleSole PractitionerBuying, Fee acquisitionLess than 200kNew opportunityRequest details on selling your practice
HNDRYLXRSouthamptonSole PractitionerBuying, Fee acquisitionLess than 200kNew opportunityRequest details on selling your practice
View all FAQs

Popular General Questions FAQs

  • Q:
    What is the Engagement Fee for?
    A:

    The Engagement Fee of £875 + VAT helps to cover the costs of finding suitable candidates to help resolve succession/exit issues.

    We provide each selling candidate with a detailed questionnaire to generate a practice profile.We will guide each selling/acquiring party through each stage of the selling process from initial exploratory meetings through to assisting structuring a deal and creating a draft contract.

    The fee is a commitment to the Proctor Partnerships service and is REFUNDABLE in full in the event of a successful conclusion with another practice within 24 months of Engagement.

  • Q:
    In the event of a successful conclusion what rate is charged by Proctor Partnerships?
    A:

    Proctor Partnerships charge a standard rate of 2.0% of the agreed consideration to each party (less the Engagement Fee). The valuation will revolve around GRF (Gross Recurring Fees)and profit before tax (pbt).In the event of two firms linking through CPS (Centralised Partnering Solution), the valuation of the lower GRF will be basis for the application of the standard rate. 

  • Q:
    How is a practice valued?
    A:

    The traditional valuation is a factor of GRF (Gross Recurring Fees). Staffing continuity, IT infrastructure, office ownership, location and parking, standard of client base/categories of clients/client age profile, etc. would all have a bearing upon the value of a practice. 

    However,who today would value a business for sale purely based on turnover?

    An alternative view (and probably a more realistic valuation) is to take a multiple (probably 3 times) of profit before tax as an accurate starting point for the valuation of the practice.

    Although Proctor Partnerships may sometimes not get directly involved in the negotiation process,as part of the Engagement Fee we would be delighted to assist with the valuation procedure to help in achieving a successful conclusion for both parties.Isaac Ginsbury has over 10 years experience valuing practices.

  • Q:
    What other factors may be taken into account? Payment/settlement period, client retention?
    A:

    Payment for a practice can be made over a number of years.This may help will client retention. An allowance may be factored in for client retention.

  • Q:
    Do Proctor Partnerships assist practices throughout the UK?
    A:

    Initially Proctor Partnerships was dealing with practices in the M62 corridor, but since November 2012 has expanded its services nationally.

    We are happy to deal with practice sales from Inverness to Plymouth!