Response, Reliability and Resource are three of the most important elements demanded from an asset appraisal company as a Recovery or Turnaround practitioner considers the immediate future or potential interest in a distressed company. Professional advice should be independent, accurate, reliable, relevant and deliverable within a specified (often limited) timescale and in the event of a disposal, a reliable resource and operational infrastructure are key to firstly maintaining, securing, recovering and storing the assets and secondly maximising the realisations achievable. Our experienced team has been providing both intangible and tangible asset valuation and disposal solutions for our clients' intellectual property and assets.
Asset Based Lending
Independent valuation advice is crucial in providing the necessary due diligence prior to entering into an agreement, whether as a lessee or lessor. Our team has an in-depth knowledge of assets across a wide range of industry sectors, together with experience of the issues which may arise during the lease term and crucially in the event of default. The delivery of independent expert advice provides a lessor/lessee with an unbiased view of the potential value of an asset, where all relevant factors have been properly taken into consideration.
Residual Valuation & Market Study
Residual valuation is an essential part of the due diligence process on asset portfolios, prior to market entry on a loan security basis. An independent market study provides both an overview and in-depth analysis of the key drivers and trends, which may affect residual values of assets over a specific time period.
Merger & Acquisition
Independent valuation advice in the M&A field provides a professional opinion of asset value in the open market, or to the ongoing business. Asset valuations provide a company (and potential purchaser) with the tools necessary to negotiate a sale/acquisition. Our valuation advice is provided in accordance with the Valuation and Appraisal Standards ("the Red Book") issued by the Royal Institution of Chartered Surveyors together with Fair Value advice in accordance with IFRS 3 Business Combinations requirements, where combined machinery and property purchase price allocation (PPA) valuation advice is provided in conjunction with our property partners.
The correct categorisation of assets and appropriation of working lives is key to determining the true value and tax discount applicable in the above scenario, where all too often, a broad brush approach is utilised, which can deprive a large organisation of substantial discounts in tax penalties. Through our assistance a number of ‘blue chip’ businesses form an accurate picture for the treatment of the above, saving them large sums of incorrectly paid revenue in the process.
The purpose of an insurance valuation is to provide the client with an accurate assessment of the value at risk of machinery and equipment assets under the terms of the insurance policy. We provide a complete insurance valuation service regarding all company assets and on larger matters work closely with our building surveying partners in order to ensure proper asset demarcation.
Other Business Areas
· Asset & Business Disposal Services include the realisation of intangible and tangible assets/inventory by Private Treaty, Online Auction and Tender (see data sheet)
· Asset & Business Control Services are facilitated within our experienced and reliable operational infrastructure and include Asset Management, Asset Removal and Storage, Asset Security and Site Clearance (see data sheet)