Business asset valuations

Plant and machinery asset valuations

are frequently disregarded by companies who often overlook the fact that these are their greatest assets rather than buildings and land. It is quite common to find that essential Plant & Machinery reflects little or no value in the company’s books. In the case of sale, dispute or take over it is essential to establish the true worth of the assets – and this is very rarely the value shown on the balance sheet.

Existing use valuations

are necessary to establish the correct balance sheet value of a company’s assets. Thompson & Bryan will make a thorough physical inspection of the assets involved and produce a full inventory or plant register. The effects of depreciation and obsolescence on each asset, replacement and second hand values and numerous other relevant factors are then considered. From all this information the remaining economic working life of each asset is calculated and the Existing Use Value, (depreciated value) can be accurately stated. This figure will represent the true worth of the Plant and Machinery to the owners or purchasers as part of the overall going concern evaluation.

Open market valuations

are usually required for sale or security purposes. The last few years have seen a large increase in the need for accurate market valuations of land, buildings, plant and machinery. Thompson & Bryan are well qualified in this sphere and able to provide reliable Open Market Valuations (OMV) or Estimated Realisation Price (ERP) to satisfy the exacting requirements of the Banking world and other Financial organisations.

Plant register valuations

are useful to form the basis of a Company’s ongoing evaluation of its assets. Plant items can be tagged for identification purposes with a detailed description of the machine, its accessories and tools being entered into a register, along with their appropriate values. Such a valuation can be supplied in a conventional format or on conventional hard copy format or electronically.