An honour for Marriott & Co.
An invitation to act as an Expert Witness in accordance with the Civil Procedure Rules is both an honour and a worry. It is an honour because our reputation and personal CVs will have been scrutinised, and a worry because we know our report is likely to be challenged by one party or the other […]
When time is of the essence
A recent challenge for Marriott & Co. Our client’s purchase of a printing company was conditional upon a valuation of the company’s production plant and equipment. As specialists in the printing industry, we were perfectly placed to provide this, but were naturally concerned to learn that the site inspections of over twenty machines at three […]
Neither Shaken nor Stirred
Whilst recently holidaying in Portugal, I found myself one damp lunchtime sipping a rather potent ‘007 Martini’ in the opulent ‘spies bar’ at the Hotel Palacio in Estoril, my mind drifting into Bond film memories of double agents, casinos and Aston Martins. Apart from it being a wonderful destination, I am here because this hotel’s […]
From Tear Drops to The Shard
Having been instructed to find buyers for two major glass tempering plants in the last year, it is not unreasonable to consider ourselves well experienced in valuing and selling glass processing machinery. The first assignment took us into Kent and we undertook a RICS valuation of the business and assets, it was hoped that a […]
What is happening to the Retail Industry?
I suspect that at the tender age of 35, I am now something of ‘shopping dinosaur’ in that I do not shop online (although admittedly my household does receive packages courtesy of my wife’s online shopping habits). I prefer instead to purchase things the old-fashioned way, i.e. actually going to a shop and seeing (maybe […]
HS2 & Compulsory Purchase Orders
The roll out of HS2 has been nothing if not controversial. With the deadline and budget stretching further and further away (the Independent recently reported that it would cost £403m for every mile of the new line) the creation and implementation of the new railway is viewed by many as an exorbitant drain of money […]
Plant & Machinery Auctioneers: The Dos & Dont’s!
Marriott & Co. is a highly professional, independent RICS Regulated firm of Plant & Machinery Auctioneers. The firm’s membership of the RICS ensures we must demonstrate its five professional and ethical standards meaning that we always: (1) act with integrity, (2) provide a high standard of service, (3) act in a way which promotes trust […]
The Carillion Collapse
The recent Compulsory Liquidation of Carillion was a complete shock to the UK economic and political system. It has been reported that Carillion’s involvement in low margin fixed price contracts (mainly with the Government), and a resulting inability to remain profitable when problems occurred, was the significant reason behind its failure. The ‘chattering classes’ will […]
2017 – What we’ve been up to so far
The Disposals team here at Marriott & Co. aren’t sure where 2017 has gone. In fact, we have been so busy, we’re afraid that blog writing has rather gone out the window! But, we think it is about time we got around to telling everyone what we’ve been up to this year. A number […]
Bases and Methods of Valuation for Plant & Machinery
The basis of valuation for a machinery valuation could be Market Value, Equitable Value or Fair Value. Each of these three bases has its own definition. The basis of valuation is determined by the purpose of valuation, for example if the purpose of the exercise is to ascertain an expected selling / asking price on […]