Get your used machinery and equipment valued by our team of experts.

We can offer a free valuation of your assets and advise on the best selling strategy for your business. We offer an outright purchase or we can sell on your behalf.

Asset valuation is crucial for any business as it helps determine the value and worth of its assets. Here are the reasons why asset valuation is important:

  1. Financial Reporting: Accurate valuation is necessary for preparing financial statements such as balance sheets and income statements. These statements provide a snapshot of a business’s financial position, which in turn allows stakeholders and investors to make informed decisions.
  2. Investment Decisions: A valuation helps business owners and investors determine the best course of action for investing capital. Whether it’s acquiring new assets, selling existing ones, or making strategic investment decisions, knowing the value of assets is essential for making informed choices.
  3. Mergers and Acquisitions: In the case of mergers or acquisitions, asset valuation plays a critical role. It helps determine the fair value of the assets of the target company, which is necessary for negotiating a fair deal and avoiding overpaying for the business.
  4. Insurance and Risk Management: Proper asset valuation ensures that a business has adequate insurance coverage. By accurately determining the value of assets, the business can make sure that it has the appropriate insurance policies in place to protect against potential risks, such as equipment damage or loss.
  5. Tax Purposes: A valuation is necessary for tax purposes and compliance with taxation laws. It helps determine the value of assets for calculating depreciation, tax deductions, and capital gains or losses.
  6. Loan Applications: When a business applies for a loan or seeks additional financing, asset valuation is important for assessing the collateral that can be provided. Lenders often require an evaluation of assets to determine the value they can potentially recover in case of loan default.

In summary, asset valuation is crucial for financial reporting, investment decisions, mergers and acquisitions, insurance purposes, tax compliance, and loan applications. It ensures that businesses have an accurate and up-to-date understanding of their asset values, enabling them to make informed decisions and manage their resources effectively.

Get your used machinery and equipment valued by New England – we can offer a variety of asset valuation services for Business Owners, Accountants, Solicitors, Finance Houses and Insolvency practitioners. For more information on our asset valuation service please click here

We can offer a Desktop Valuation at a prearranged fee.

A desktop valuation is a method used to assess the value of an asset, property or business without the need for a physical inspection or visit to the asset location. In the case of real estate, the property would be assessed using data such as the location, building characteristics, ownership history, market trends, and recent sales data of comparable properties.

A desktop valuation is considered as a cost-effective and time-efficient approach for Industrial and Commercial Asset valuation compared to a traditional physical inspection where a valuer would physically inspect the used equipment/assets and assess its condition and comparable sales in the area. It is an accurate and reliable means of valuation when the valuer has access to reliable data and information and when a asset is low in risk or complexity.

However, desktop valuation can be less accurate in some cases where a physical inspection may identify issues not visible remotely. As a result, Desktop valuations are typically used for more straight forward used machinery and equipment with fewer complexities. They should only be used when the available data is reliable and the used machinery is straightforward to assess.

Asset Disposal Valuation

We can offer informal advice through our selling equipment enquiry form. It takes a couple of minutes to send your used machinery enquiry through to our disposal team. We aim to send back a response within 72 hours and can advise on the current market trends so you can make an informed decision. Our 50 years of experience puts our valuations team at the forefront of asset management and disposal solutions. Why wait?  Get your used machinery and equipment valued today.