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View the "A MARKET-LEADING PROVIDER OF REDUNDANCY CLAIMS MANAGEMENT SERVICES" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

A MARKET-LEADING PROVIDER OF REDUNDANCY CLAIMS MANAGEMENT SERVICES

  • Leasehold Price: Offers Invited
  • Annual Turnover: £2,700,000
Seller Reference: 150516
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Business Description
Seller Reference: 150516
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Business Description
FY21 outturn turnover of £2.7m with adjusted EBITDA of £1.5m.FY22 turnover projected to reach £3.3m with adjusted EBITDA of £1.9m. Highly successful FCA-regulated business operating in its field for four years.Provides comprehensive claims management services for the benefit of directors
of insolvent companies looking to claim redundancy and statutory payments.Utilises an extensive network of referrers, comprising 75 IP practices, of which the majority are in the top 100 insolvency firms in the UK.Employs a highly experienced workforce possessing extensive knowledge of
employment law.Insolvency practices benefit from an increased liquidation rate, whilst company
directors receive significantly larger payouts.Significant growth anticipated due to continuing business development and the current macro-economic environment.Year-on-year growth since inception, including FY20 despite the ongoing Covid-19 pandemic.UK market was valued at £18m pre-Covid-19, highlighting an opportunity to continue rapid expansion across the country as the demand for redundancy claims management services rises. Offers invited.
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