Valuation of Plant and Machinery

 

An important and frequently overlooked part of a company’s assets lies in its plant and machinery. The value of this equipment should be known at all times, and Gerver Freedman is pleased to offer a specialised service for this purpose.

The ‘value’ of plant and machinery, together with other client’s assets will vary according to the application of the assessment. Some of these are: Fire & General Peril Insurance, where replacement can be made without material loss to the client in the event of a disaster; Open Market Value, where sale or replacement is considered; property valuation for Balance Sheet purposes, seriously affecting a company where takeover negotiations may be in train, and finally, for Liquidation purposes. In this latter case, we will advise on the acquittal of outstanding hire purchase debts and provide essential information on the market value and most advantageous method of disposal of the assets.

Gerver Freedman acts for a number of Insolvency Practitioners with regard to the valuation and disposal of plant and machinery of insolvent companies. As a result, we are well placed to offer timely, constructive and professional advice for landlord and tenants in these situations.