Insolvency Auction

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Mazars LLP is trying to identify potential purchasers for a specialist property conveyancing business


  • This technology led UK business specialises in residential conveyancing.
  • The business is based in East England but provides services across the UK
  • The business is fully licensed and regulated by the CLC with eight fee earners.
  • All key KPIs such as referral source, pipeline conversion rates, pipeline, trends and geographical coverage are monitored through their bespoke software
  • The business is focussed on high quality customer service delivered through its own bespoke technology platform (supported by an integrated customer app). This is evidenced by an excellent Trust Pilot rating with recommendations being the largest source of leads over the last 12 months.
  • Further information can be provided on request and following receipt of a signed non-disclosure agreement.
  • Offers are invited in relation to the shares or business and assets.
£’000Mar-21 ForecastFeb-20 11m mgtMar-19 Stat.
Cost of Sales(302)(310)(243)
Gross profit703564561

Key selling points

  • Strong reputation in the sector -Evidenced by sources of leads and an excellent Trust Pilot rating for conveyancing and other property related services
  • National Coverage –Based in East England but providing services across the UK.
  • Strong reporting capabilities–Strong MI function and KPI monitoring
  • Good historic performance-Strong gross profit margin % and generated c. £139k EBITDA in FY19.
  • Strong pipeline –The company generated an average of 500 opportunities a month over the last 12 months with 54% of private quotes won
  • Tech focused customer service –The company has an app enabled bespoke case management software system developed in-house, specifically focused on property conveyancing.
  • Experienced, licensed and skilled workforce.


For further information, please contact: Qasim Memon

T. 07881283872