Broadbench
A directly authorised UK financial services firm specialising in tax-efficient protection and mortgage solutions for high-net-worth independent professionals. 15 years of consistent revenue. Positioned for accelerated growth.
The Company
Broadbench is a directly authorised financial services company in the United Kingdom, specialising in protection insurance and mortgage advice for independent professionals. The firm serves high-net-worth self-employed individuals operating through limited companies — primarily surgeons, medical practitioners, dentists, IT contractors, and fintech business owners.
The business model centres on demonstrating how clients can mitigate personal tax and save corporation tax by structuring protection products through their limited companies. This tax-efficient approach, combined with AI-enhanced bespoke client presentations, creates a compelling and differentiated proposition in the market.
Broadbench has traded consistently for over 15 years, generating reliable revenue at the million-pound mark annually. The company operates with a lean, highly optimised cost structure, making it exceptionally profitable at its current scale.
Surgeons & Medical Practitioners
Private practice surgeons earning £500k+. Key man, income protection, and life insurance structured through their practice. The highest-value client segment with individual cases reaching £26k–£48k.
IT Contractors & Fintech
Contractors earning £200k–£250k through limited companies. High volume, consistent deal sizes. The core revenue engine with proven conversion rates and scalable lead sources.
Business Owners & Directors
SME directors and high-net-worth entrepreneurs. IHT planning, business protection, and tax-efficient structuring. Expanding into barristers, lawyers, and dentists at the highest level.
Market Position
Broadbench holds a top-three position in the UK contracting protection and mortgage space, competing alongside Contractor Mortgages Made Easy and Freelancer Financials. The company has built a strong standalone commercial model with consistent profitability over 15 years of trading.
The company has secured commercial agreements with the leading lead providers in the contracting space, all with one-year severance terms. This provides a defensible and reliable pipeline of new business opportunities. Additionally, Broadbench has negotiated preferential rates with leading UK insurance providers, creating a competitive edge in pricing and product access.
Financial Track Record
Audited company P&L data from 2019 to 2026 (YTD). Normalised EBITDA adjusts for director remuneration, depreciation, and one-off items.
Operating profit adjusted for director remuneration (taken as consulting fees), depreciation, and one-off write-offs. Market-rate director replacement of £140k (2 × £70k) deducted.
| Year | Revenue | Gross Profit | GP % | Op. Profit | Norm. EBITDA |
|---|---|---|---|---|---|
| 2019 | £1,361k | £875k | 64.3% | £130k | £285k |
| 2020 | £940k | £756k | 80.4% | £116k | £320k |
| 2021 | £1,071k | £860k | 80.3% | £128k | £506k |
| 2022 | £823k | £733k | 89.1% | £99k | £293k |
| 2023 | £1,023k | £942k | 92.1% | (£2k) | £96k |
| 2024 | £950k | £862k | 90.7% | £98k | £229k |
| 2025 | £864k | £777k | 89.9% | £66k | £89k |
| 2026* | £912k | £855k | 93.8% | (£23k) | £385k |
Directors take remuneration via consulting fees rather than PAYE salary. The normalisation replaces this with a market-rate cost for two protection advisers (£70k each), revealing the true underlying profitability of the business.
In 2022, Broadbench incurred a one-off investment write-off (~£366k) which was applied across the 2023–2025 tax years to offset corporation tax liabilities.
This was a non-operational event. The business continued to trade profitably throughout, absorbing the loss without any impact on client service, revenue generation, or operational capacity.
The normalised EBITDA figures above exclude this write-off entirely, presenting the clean underlying performance of the business.
Insurance commission income represents ~77% of revenue — upfront indemnity commission paid on sale with a two-year liability period. The business operates as a highly efficient sales machine with consistent annual output.
Mortgage procuration and arrangement fees (~21%) provide recurring income through renewals and product transfers, creating a baseline revenue stream.
Staff costs (3 admins, 1 mortgage adviser, 1 marketeer) total ~£200k — a lean support structure that scales efficiently as revenue grows.
Gross margins have improved from 64% (2019) to 94% (2026), reflecting the strategic shift toward higher-margin protection products and away from lower-margin mortgage volumes. Protection now accounts for 83% of monthly written business.
Growth Strategy
Scale the proven model, diversify revenue streams, and position for a full exit within 3–5 years.
Scale Client Acquisition
Prioritise speed to market with new client segments (surgeons, medical practitioners, dentists) and product lines. Expand proven lead generation into high-value verticals.
Optimise Cost Structure
Maintain the lean, highly profitable operating model that has defined Broadbench. Eliminate unnecessary overheads and focus spend on revenue-generating activities.
Build Backend Products
Expand into wealth management, pensions, investment panels, tax planning, global protection, and Dubai incorporation services. Create multiple revenue streams from the existing client base.
Reduce Key-Man Dependency
Transition directors from frontline protection sales. Implement AI automation across the sales process. Build a scalable team structure that operates independently of founders.
Scalable Lead Systems
Build outbound systems, automate repetitive inefficiencies, and expand lead generation through partners, referrals, LinkedIn, and email campaigns.
Investor-Grade Reporting
Implement CRM and KPI platforms for reality-based decision-making. Build the data infrastructure and reporting cadence that institutional investors expect to see.
Broadbench has built a proven, profitable sales machine over 15 years. The constraint is not the model — it is the volume of opportunity. Every additional qualified lead fed into the system converts at a known rate into high-value revenue. The business requires strategic partnerships that open doors to new client segments and scale the lead pipeline. The economics are compelling: an additional adviser costs approximately £20–25k per month to operate but can generate £150k+ per month in revenue when supplied with adequate leads.
Sales Targets
Projected end-of-year targets based on a three-adviser model focused on surgeons, medical practitioners, and dentists (SMD).
Note: Broadbench's historical conversion rate of 30% significantly outperforms the industry benchmark of 8–15%. This is a key differentiator — the sales machine is proven. The primary constraint is lead volume, not conversion efficiency.
International Expansion
Broadbench Wealth (BBW) is a wealth management entity currently in the setup phase in Dubai, UAE. This represents a significant expansion opportunity, extending the Broadbench model into international markets and higher-value financial services.
The Opportunity
Broadbench is seeking a strategic partner — not simply capital. The business has a proven, profitable model that has generated consistent seven-figure revenue for over 15 years. What is needed is access to networks, expertise in scaling financial services businesses, and the strategic guidance to take a well-oiled machine to the next level. The directors are open to a minority equity stake (indicatively 25%+) in exchange for the right partnership.
To discuss this opportunity further, request additional financial detail, or arrange a meeting with the directors, please contact Broadbench directly.
All enquiries treated in strict confidence.