Valuation & Advice
In terms of plant, machinery & business assets, best business decisions will only be made when there is a clear understanding of what is owned and its value.
Accurate valuations are required for a variety of purposes including formal accounting, takeover, inter-company transfer and sale.
Valuation basis vary depending on the client’s requirement but typically reflect the ongoing nature of a business or the auction value of the plant & equipment.
PACT is able to provide clients with
• a comprehensive, detailed inventory of asset
• an assessment of value based on research and market knowledge (valuation), and
• a marketing report outlining options for realising value.
Working with you
No-obligation, introductory meeting – In most cases, before instructions are agreed, we will meet with the client on site, without obligation, to establish the scope of works and learn about the business and its longer term plans.
Understanding your requirements – We will use this meeting to gain an understanding of a client’s reasons for needing the appraisal and we will advise on the appropriate valuation basis and agree reporting requirements.
Our valuations are RICS compliant, completed by RICS Registered Valuers and our extensive market knowledge and case-based research ensure accuracy. Our lead plant director and auctioneer, Chris Price, has over 30 years experience in this sector. Chris is rare in the sector having both plant and property expertise and understands the strategic & economic relationship between property and plant to a client’s business and its bottom line
We offer competitive pricing with an initial, no-obligation, on site exploratory meeting.
Book Value is not Market Value
When upgrading, replacing, or selling plant most businesses do not see the potential of their old plant & equipment with the guiding principal being book value. The written down (book) value of plant is unlikely to represent current market value which, in most situations, will be higher.
Certain plant, for example air-handling, generators, cranes, when left in situ, will enhance the sale-ability of the property. Alternatively, when occupying a leased building the careful removal of the plant and equipment will minimise your dilapidations liability.
Intellectual property (IP)
Value can be realised from IP, such as patents, copyright, web domains, existing contracts or contact lists, for example we have, in the past, sold a purchaser list from fine art auctioneer for a sum in excess of £20,000 – ironically this list was sold by online auction!