Contrary to some suggestions, there is still a large number of profitable businesses for sale in the UK. However, the number is not as high as it has been in the past, with many companies struggling to stay in the black.
In the past, this might not have held so much importance. We've always seen a decent level of interest in distressed businesses as well as healthier opportunities. But as the economy limps on in limbo between recession and a secure recovery, people appear to be reluctant to buy a business that isn't already profitable.
Recent figures from the Entrepreneurs Index, set up by Barclays Wealth, revealed that the number of growing companies that changed hands fell by 38 per cent in the first half of this year compared with the previous six months.
This suggests either a lack of interest from buyers, in which case those that are interested should find themselves operating with the upper hand, or a decline in the availability of profitable businesses, in which case anybody looking to buy a business needs to make sure they are aware of upcoming opportunities as soon as they hit the market if they want to stand a chance of beating the competition.
The research also showed that there was a 29 per cent rise in the average profitability of companies that were still able to find buyers, so while the number of opportunities is no longer on the rise, the quality of potential acquisitions is improving.
Richard Phelps, managing director of Barclays Wealth, commented: “The decline in the number of shareholder changes in growing companies probably indicates that it is harder for businesses to be sold, mainly due to the continued uncertainty in the global economy.
“Business owners need to contemplate managing their business and associated risks further into the future.” 
A leading engineering firm focusing on electric power steering solutions and bespoke wiring harnesses serving various industries. It operates as two entities both reputable for maintaining high standards and offering bespoke solutions for clients. In...
Market-leading fruit and vegetable supplier distributing fresh produce and complementary goods both wholesale and D2C. The companys uncompromising drive for customer satisfaction has built strong relationships with across an enviable client base incl...
Turnkey construction services provider completing a range of projects with expertise across maintenance general refurbishment new build and conservation including work on listed buildings. The company provides full-service construction works utilisin...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.