We can provide you with a professional, fully insured valuation service depending on what your circumstances require;
Insolvency Practitioners – Insolvency requires a fast response. We know you need to move quickly to in order to protect assets and observe due diligence. That means a full asset register and valuation. Our licensed staff can be on site nationwide, at short notice, to conduct a full independent inventory and valuation, giving you the information you need in order to offer advice to your client. Given the range of items that we sell on at auction, we can provide accurate and up to date market information for all kinds of different assets:
- IT and communications
- Office furniture
- Music and studio equipment
- Shop stock
Insurance Valuation - It might be tempting to try and save on premiums by under-valuing or to cut corners by not putting a full and accurate inventory together, but if you need to call on your policy you'll end up claiming for more than you're insured for. And that shortfall is going to hurt.
Insurance premiums must be based on accurate up to date information in order to fully cover the cost of replacing the essential items your business needs to operate. The level of cover must account for inflation. Market value isn't replacement value, which leaves far too many companies in the UK under-insured. (*49% of commercial buildings in the UK are under-insured, based on Gleeds data up to 2009)
Having an up to date asset register and valuation is essential to ensure your company is fully insured. We can provide you with detailed asset registers and insurance valuations at a competitive rate. So if you do need to make a claim you'll be fully covered for the cost of replacing those items at today's prices.
Probate Valuations – The loss of a partner, close friend or family member is a sad and difficult time for everyone concerned. Not least because there's so much to organise and take care of. By law you may need to provide a valuation of the personal effects for inheritance tax purposes.
We can visit your property and help provide an inventory and valuation to assist with probate. We take every care to be professional and sensitive at all times. Your wishes and feelings come first. Mistakes only make a difficult time even worse. Rest assured we have access to the latest market knowledge and information. Our thorough and accurate service means there's one less thing to sort out.
Removal and sale of assets for High Court and Bailiffs
When all other avenues for resolution have been explored, sometimes there's no choice but to remove assets from site to sell on in order to pay creditors. This is a challenging time for the business concerned and a situation that needs to be handled with sensitivity, courtesy and discretion.
We have extensive experience and knowledge in removing items subject to distraint. We only ever use unmarked vans and ensure all of our staff are trained to behave and respond appropriately under these circumstances. No matter what needs to be recovered, you can count on us to find a way to remove and transport it. Even where our competitors have tried and failed.
Often we can save you the additional cost and delay of a site visit by offering valuation and removal advice simply from photographs or item descriptions. No matter which option you choose, we offer a fast and efficient service where any removal costs are offset by the sale realisation.
Bankruptcy and Liquidation
Sometimes a business can find itself facing severe financial difficulties. There comes a point when there's nothing for it but to close the business and liquidate the assets.
There are various different ways to do this. As bankruptcy and liquidation specialists we can advise on the most appropriate valuation method given the circumstances. No matter which method is used, we'll work quickly to produce a realistic valuation of the business assets based on a Forced Sale.
We are bonded agents to the Official Receiver in Bankruptcy and act on behalf of a number of Insolvency Practitioners offering a full end to end service including - inventories and valuations, collections, disposals, handling sensitive paperwork and data files, and securing premises.
We run our own vehicles for the collection of goods and deliveries after our auctions. Most items, no matter how bulky, fragile or unusual can be collected by our experienced team. Any items we cannot collect ourselves, we sub-contact out to trusted, specialist partners.