Asurix Group
Acquisition Discovery
Please enter your access code to continue.
Asurix Group  ·  info@asurix.co.uk
Acquisition Discovery
Auto-saving

Acquisition Discovery

Confidential — Please complete all sections and submit when ready

As one of the first steps with Asurix, please complete this acquisition discovery. Potential buyers request a baseline of information to understand your business — we have compiled this into an easy format below. This ensures we can provide buyers with the right information to begin their evaluation.

Please complete each section of this document. Your progress saves automatically as you type — you can close this page and return at any time from this same browser. At this preliminary stage we ask that you provide information that is readily available. More detailed documents will be requested when you enter the formal Due Diligence process with a buyer.

All information submitted is treated in strict confidence by Asurix and will only be used for the purposes of your acquisition.

Broker Key Details

Your contact information — required before submitting

›
Broker / Business Name
Contact Name
Contact Mobile
Contact Email
Preferred Contact Method

Document & Request Checklist

Please indicate which documents you are able to provide at this stage

›
Document / ItemAvailable?
3 years of business accounts
An up-to-date business balance sheet
12-month broking system report (Excel format)
A copy of your insurer TOBAs
Network membership contract (where relevant)
Table 1 — Shareholding Information (completed below)
Table 2 — Employee Information (completed below)
Table 3 — Anonymised Top 10 Client Information (completed below)

Section 1 — Shareholding and Company Overview

Companies House, FCA authorisation and regulatory information

›
Company Information
Companies House registered name
Company number
Registered company address
Names of any shareholders who are also employees
Director salaries — salary and dividends separately (last 12 months)
FCA & Regulatory
FCA reference number
Authorisation type
Principal firm name
Have there been any FCA investigations, enforcement actions or complaints in the last 3 years?
Please provide details
Do you hold Professional Indemnity insurance?
Insurer name and level of cover

Section 2 — Financial and Client Data

Business mix, add-backs, debt and liabilities

›
Business Mix & Operations
Broking platform
Business mix — Commercial vs Personal Lines
Schemes and specialities (include insurers)
Overrider payments received in the last 12 months
Insurer growth deals currently in place
Do you have a facility with any Premium Finance providers? (e.g. Premium Credit, Close Brothers)
Approximate split between providers
Annual income from Premium Finance overrider payments
Add-Backs & Normalisation
Your current salary / drawings from the business
Are there any personal expenses run through the business? (vehicle, health insurance, travel etc.)
Details and annual amounts
Were there any one-off or non-recurring costs in the last 12 months? (legal fees, refurbishment, redundancy etc.)
Details and amounts
Are there any staff whose roles would likely be absorbed by a buyer post-completion?
Role and salary details
Debt & Liabilities
Do you have any outstanding bank loans, overdrafts or finance agreements?
Lender, balance and monthly repayment for each
Are there any Bounce Back Loans or CBILS still outstanding?
Lender, original amount and remaining balance
Are there any HMRC liabilities or payment plans currently in place?
Amount outstanding and payment plan details
Director loan accounts — business owes to you, or you owe to business?
Do you have any personal guarantees in place on behalf of the business?
Please provide details

Section 3 — Property and Network Arrangements

Office leases, network membership details

›
Network Arrangements
Are you a member of a network?
Which network?
Does the network handle all client money on your behalf?
Additional services handled by the network
Network membership expiry date
Length of current membership
Property
Number of offices currently occupied
Office tenure
Office address(es)
Annual rent (inc. VAT) and service charges
Lease expiry date(s) and break clause details
Office capacity (desks / people)
Do you have a working from home or hybrid working policy?
Please describe the arrangement

Section 4 — IT and Employee Information

Systems, contracts and staffing details

›
IT
Broking platform
Platform contract — duration and annual cost
IT equipment — leased or owned?
If leased — provider, cost and contract details
Accounting platform
Additional IT contracts not previously mentioned
Employee Overview
Total employees including directors
Shareholder plans post-deal — will they remain active long term?
Any plans for new employees joining in the next 12 months?
Roles and expected salary
Are there any employees planning to leave, on maternity leave or other known changes?
Please provide details
Do you have standardised bonuses or any LTIPs in place?
Details of arrangements

Table 1 — Shareholder Information

Please list all shareholders including % holding and director details

›
#Shareholder Name% HoldingDirector?Salary £Length of ServiceRemain post-acquisition?

Table 2 — Employee Information (Anonymised)

Please complete for all employees. Names may be anonymised.

›
#Name / RefRoleSalary £BonusHours / PatternDate JoinedBenefits

Table 3 — Anonymised Top 10 Clients

Please list your top 10 clients by GWP. Names may be anonymised.

›
Client RefRenewal DateGWP £Commission & Income £LocationRenewalsRisk / Comments
Notes / Additional Context:
Your progress saves automatically as you type
✓ Your acquisition discovery has been submitted to Asurix Group. We will be in touch shortly. You may keep this page open for your records.