← All businessesBusiness & Professional Services / Legal Services / Commercial law
Remote Commercial Law Firm Based In Southampton
Southampton, Hampshire, South EastIdentity protected
Available
About this business
A commercial law firm whose 38 lawyers and support staff work remotely, advising growing companies on contracts, intellectual property, data protection and employment. It has no offices, with Southampton as its registered base, and could operate from anywhere. It started in 2019.
Fees have stayed close to £4.3m for six years, while adjusted EBITDA has grown from £409k to £518k. Net profit is £427k against an asking price of £2.1m. Low overheads are part of the model, and a buyer would inherit a dispersed team used to working online.
Key investment highlights
- No office costs: fully remote team
- Contracts, IP and data protection advice
- Team of 38
- Adjusted EBITDA up from £409k to £518k
Reason for sale
The founder is stepping back to pursue a judicial career.
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 is flat year on year.
- 2021: baseline
- 2022 (+0.9%)
- 2023 (-0.5%)
- 2024 (+0.6%)
- 2025 (-0.2%)
- 2026 (-1.1%)
- Peak 2024 to latest 2026: -1.3%
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 9.6% in 2021 to 12.2% 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.