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Growing Audit Practice With Freehold Premises In Morpeth
Morpeth, Northumberland, North EastIdentity protected
Available
About this business
An audit practice in suburban Morpeth, set up in 2021 in freehold premises that are part of the sale. It carries out statutory and voluntary audits for local companies and charities, alongside accounts, tax and advisory work. Turnover has grown every year, from £878k to £1.45m, and EBITDA from £170k to £319k, close to 22% of sales. Fourteen accountants and audit staff serve clients across Northumberland. A buyer gets a fast-growing practice, its premises and a capable team.
Key investment highlights
- EBITDA up from £170k to £319k
- Freehold premises included
- Team of 14
- Clients across Northumberland
Reason for sale
The founding partners are selling to join a larger regional firm.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover rose +11.4% in 2026.
- 2021: baseline
- 2022 (+10.6%)
- 2023 (+10.9%)
- 2024 (+10.9%)
- 2025 (+9.0%)
- 2026 (+11.4%)
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin widened from 19.4% in 2021 to 22.0% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.