Call us for free on 0800 1777 522
Selling a Limited Company (Share Sale)
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Helping You with Share Sales


Selling your shares in a private limited company? When you’re exiting your limited company we’re here to guide you safely and smoothy through the process.  We specialise in share sales with values between £50,000 and £2 million, providing clear, efficient, and affordable legal support for business owners across England and Wales.


Why Having the Right Solicitor Matters


A share sale is about more than just signing a contract—it’s about protecting your interests, avoiding risk, and ensuring you walk away with the value you’ve built up over the years. Having the right solicitor on your side makes all the difference.

At our firm, we don’t just handle the paperwork. We:

Structure the deal carefully to reflect your commercial goals and minimise risk.

Negotiate the fine details of the sale agreement to protect you from liability after completion.

Spot potential red flags early, so you’re not caught out by surprise issues.

Keep the process moving by being responsive, proactive, and focused on completion.

Many clients tell us they were surprised how involved a share sale can be. We take pride in making the process less stressful and as pleasant as possible for you, handling the legal detail so you can focus on what comes next.


What Makes Our Service Different?


✅ Speedy Completions

We’re proactive in driving the deal forward. We respond quickly to emails and keep all parties moving towards completion without unnecessary delay.

✅ No Upfront Fees

We don’t ask for payment in advance. You’ll only pay our agreed fee on or after completion, depending on what works best for you.

✅ Fixed or Capped Fees

We offer fixed price or capped legal fees, so you know where you stand and can budget with confidence. Our fees are always proportionate to the deal value and agreed with you up front.

✅ Friendly, Personal Service

Selling a business can be emotional as well as commercial. We’re here to guide you through the process, answer your questions, and make sure you feel supported throughout.

✅ Focus on Results

Our goal is to help you complete your sale smoothly, safely, and profitably—without hidden surprises or unnecessary stress.


Bespoke Advice to Maximise Your Return


Every share sale is different. Some are simple cash sales. Others involve deferred payments, earn-out arrangements, or the seller staying involved in the business. We’ll advise you on:

Whether a share sale or asset sale is right for your goals.

The tax and legal implications of different deal structures.

Ways to reduce your exposure to claims after the sale.

How to secure any deferred payments or ongoing entitlements.

Use of guarantees, charges, or retention mechanisms to protect your interests.

If you’re working with a broker, accountant, or tax adviser, we’ll liaise with them as needed to keep the transaction coordinated and efficient.


Key Stages in a Share Sale


Here's an overview of the typical steps involved when you sell shares in your company:

1. Heads of Terms

This is a short summary of the key commercial terms—such as price, payment timing, and whether you're giving any warranties. It’s usually not legally binding but sets the tone for the deal.

2. Legal Due Diligence

The buyer (often with their solicitor and accountant) will investigate the company’s affairs, reviewing documents such as contracts, accounts, leases, employee arrangements, tax compliance, and more. We help you respond to these enquiries in a careful, consistent way to reduce your post-sale risk.

3. Share Purchase Agreement (SPA)

This is the main contract setting out the sale terms. It usually includes warranties (promises about the business), indemnities, and restrictions to prevent you from competing with the business after sale. We make sure the SPA fairly reflects the deal and protects your position.

4. Disclosure Letter

This is your chance to limit your liability under the warranties by disclosing known issues. We guide you carefully through the disclosure process to make sure you’re not left exposed.

5. Completion

On the agreed date, documents are signed, the buyer pays the purchase price, and the shares are transferred. We deal with all the legal formalities and ensure everything is in place for a smooth handover.

6. Post-Completion

We’ll assist with any follow-up tasks such as Companies House filings, Stamp Duty requirements, and handover issues. If the deal involves deferred payments or an earn-out, we’ll make sure appropriate protections are in place for you.



How We Work


We know that most business owners don’t want endless meetings or confusing updates. That’s why we offer a fully remote legal service designed to work around your schedule. We communicate clearly and regularly by:

Telephone

Email

Video calls

This means we can act for clients based anywhere in England or Wales, without the need for in-person meetings. You’ll always deal with a solicitor who understands your priorities and who is focused on helping you achieve a successful outcome.


Call or Email Us

Contact us for a free initial telephone consultation.
Call us now on 0800 1777 522 email us on This email address is being protected from spambots. You need JavaScript enabled to view it. or click here to make an online enquiry.

 

 


Call us for free on 0800 1777 522


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IF YOU NEED HELP OR ADVICE

Call us today for free on 0800 1777 522
Send us an enquiry online via our contact form HERE
Email us on contact@nalegal.co.uk