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Small Payroll Bureau With A Freehold Office In Cardiff
Cardiff, Cardiff, WalesIdentity protected
Available
About this business
Payroll processing, auto-enrolment pensions and HMRC filings for small businesses in and around Cardiff, handled by a team of 3 from a freehold office unit on an industrial estate. The bureau has run since 2016. Turnover has fallen gently each year from £288k to £250k and EBITDA from £64k to £54k, although the margin is still about 22%. The office comes with the business. A buyer could reverse the decline by actively seeking new payroll clients or adding bookkeeping services.
Key investment highlights
- EBITDA margin of about 22%
- Freehold office unit included
- Team of 3
- 10 years trading
Reason for sale
The owner is retiring and wants clients handed to a careful successor.
Read this before you enquire
MaterialRevenue 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 directionMaterial
Turnover has fallen in each of the last 5 years, most recently by -2.3%.
- 2021: baseline
- 2022 (-2.1%)
- 2023 (-4.6%)
- 2024 (-2.2%)
- 2025 (-2.7%)
- 2026 (-2.3%)
- Peak 2021 to latest 2026: -13.2%
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.
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.