The difficult we do immediately….
Here’s a little insight into the way we work. Our client’s purchase of a printing company was conditional upon a valuation of the company’s production plant and equipment. As we retain a specialisation in the printing industry’s assets, we were perfectly placed to provide the valuation, but we were naturally concerned to learn that the […]
An accurate valuation is king
It is the Director’s role to take care of a company’s and its shareholders’ business assets – including a declaration to Insurers as to the correct sums for which all tangible assets should be covered. In order to avoid the potentially disastrous consequences of under-insurance, this must be correct – the responsibility for which can […]
Instructed by the Liquidator of a West Sussex travel company, we undertook a RICS valuation and subsequently an online auction of its buses and coaches. Having witnessed the tremendous auction results including certain vehicles being sold and exported to Ireland, we were contacted by a private client to sell their buses and coaches from their […]
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 […]
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 […]
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 Ultimate BARNacle FIND
What’s hidden away in our attics and garages? Might there be, amongst the dust, the cobwebs, the children’s old maths textbooks, an old family heirloom, an original Monet, a diamond ring? Items of immense interest or * [avert eyes sentimentalists] * great value? And just think what could be hidden away in a great big […]
Taxation on the rateable value of some plant and machinery
Despite the rates overhaul that came in to effect on 1 April 2017, and pleas from business groups such as the Engineering Employers Federation (“EEF”) for an end to plant & machinery rateable value assessments, certain plant and machinery remains rateable. There are therefore two issues to worry about. Firstly, are we being taxed on […]