Provider of R&D Tax Credit Consultancy Services

The company invests in the best technology and has developed a highly sophisticated online client claim portal and an effective referral platform.

The business is now being offered for sale to enable the non-active founding shareholders to retire.

Key Highlights

– Serves SMEs across the UK, having developed long-standing relationships with a range of clients.

– Clients are retained on contracts typically for an initial five claims, ensuring repeat revenue.

– Scope to include additional complementary services to create further revenue streams.

– Investing in a client survey and understanding client behavioural data could enable the company to create effective targeted marketing campaigns.

– Managing Director and second-tier management team in place that can undertake daily operations with minimal oversight.

Financial Highlights

-Turnover of £3.1m in YE22 with an adjusted EBITDA in excess of £1.1m.

– YE23 projected turnover of £2m and an adjusted EBITDA of £750k.

– Projected turnover of circa £2.4m for YE24 with an adjusted EBITDA of £840k.