Case Studies

Take a moment to read through a few of our case studies below, they may shed some additional light on what we can do for you and how our services could fit your requirements. It also shows how easily the processes can be after instructing Herts Valuations.

Silsoe Research Institute – Closure

After attending site and undergoing discussions with management, we were instructed to provide valuations for over 1500 separate items, located throughout this 90-acre site. The asset register was checked and updated with more particulars, to enable us to research values of individual items. The assets were hugely diverse and ranged from office furniture and equipment to sound recording and analysing equipment, laboratory equipment and fittings, light, heat, moisture and gas analysing equipment, water purifiers, test equipment, weather stations, a full sized wind tunnel, engineering and woodworking plant and machinery, refrigeration and cold-room plant, agricultural equipment and motor vehicles. Our valuation paved the way for the assets to be disposed of in a well-managed way over time, by private treaty and public auction.

The institute had been in existence for around 80 years and over this time had built up an amazing collection of farm vehicles and machinery. One rare tractor fetched over £30,000 at auction. Total realisation was over £250,000.

—————————————————————————————————————————————–

Rejuve Limited at Heathrow Airport – Insolvency

We were instructed to advise Insolvency experts on the best way to realise the assets of this well-being spa at Heathrow Airport, which comprised treatment room, club facilities and retail stock, after initial attempts to sell the business had failed. We stepped in to arrange the disposal of assets and thereafter clear the premises. We were able to arrange fully security-cleared personnel to carry out the necessary work after normal working hours, which was essential as the spa was located ‘Airside’.  This necessitated us being on call 24 hours a day for 2 weeks.

—————————————————————————————————————————————–

Quintiles Limited, Bracknell – Company relocation

We were asked to arrange the removal and disposal of the company’s office furniture and fixtures, from three multi-floor office premises. The total involved was over 900 desks, 700 chairs, 350 filing cabinets as well as many hundreds of other items. It was essential that we worked within the agreed timeframe so that one building was cleared at a time to fit in with the company’s relocation schedule. The clearance took in total around 4 weeks, with each of the premises being left clean and tidy, ready to re-let. We managed to recycle most of the assets and because of this, we were able to keep landfill to an absolute minimum. This is something we take very seriously and will always do our utmost to arrange the recycling and reuse of items, where their sale is not possible.

—————————————————————————————————————————————–

DP Redmond – Insolvency

We attended the premises of this specialised removal company and were provided with an asset register and access to the fleet of commercial vehicles and moving equipment. After inspecting the assets, we valued the assets and thereafter arranged the disposal of over £160,000 worth of commercial vehicles, after advising Insolvency experts on the relevant issues, such as outstanding finance settlements and current market trends.

—————————————————————————————————————————————–

Funky Joe Limited – Insolvency

Instructions were received to value and dispose of the assets of this high-end childrenswear retailer.  After initial discussions with the company director, we compiled a detailed inventory of the stock and assets and thereafter removed it from the premises at short notice in order to secure it.  We managed the Retention of Title claims from numerous creditors and after the successful claims were agreed and settled, the remaining wholly-owned stock was disposed of and the funds passed over to the Insolvency Practitioner within days.

—————————————————————————————————————————————–

Oxted Motor Company Limited – Insolvency

We were instructed to attend the premises and provide a detailed inventory and valuation of the garage and MOT equipment, as well as showroom equipment and motor vehicles. We were subsequently instructed to arrange the disposal of the assets and clearance of the premises.

—————————————————————————————————————————————–

Cobham Manor Equestrian Centre Limited – Insolvency

We were instructed by Insolvency practitioners to advise on the values of various assets, including tack, motor vehicles, stock and livestock, and thereafter arrange for their disposal at market value.

—————————————————————————————————————————————–

Various Case Study Blogs added here – Liquidators Agents Case Studies

—————————————————————————————————————————————–

Contact us to see how we can help or advise you on your business.