Arc Property Solicitors

Turnover (£m): 10.7
RPL (£k): 2,675

Arc Property Solicitors is one of those ­extremely rare real estate practices that has seen a period of explosive growth recently.

In the past two years the Harrogate-based ­residential conveyancing specialist’s turnover has rocketed from £1.5m to £10.7m.

Arc is structured as a limited company with four directors. Its success is largely down to the internet. When it launched seven years ago it was one of the first to use the web as a platform to market its services and conduct deals. The firm’s canny use of the web has helped to boost turnover significantly, a trend managing ­director Richard Chan sees no sign of stopping in the short term. Chan said his firm is ­targeting a turnover of around £30m within three years.

Following a restructuring last year that split the regulated part of the business away from its support functions, Arc is potentially gearing up for third-party investment via an alternative business structure.