Plant and Machinery Valuers
Land Sterling specializes in plant and machinery valuations for different operations. We established a reputation for being one of the leading plant and machinery valuation company providing this specialist service. Our facility and machinery valuers have in-depth expertise on determining value of sophisticated machines used throughout the world.
Purpose of Machinery and Equipment Valuation
- Acquisitions & Disposals
- Bank Finance
- Company Accounts/ Financial Reporting
- Corporate Insolvency & Liquidations
- Legal Disputes
- Market valuations/assessments
- Mergers & Demergers
Industries We Cover
- Buildings – HVAC, Mechanical & Electrical Components and Machinery
- Clothing & Textiles
- Construction & Engineering
- Food & Beverages Production
- Mining & Quarrying
- Oil & Gas
- Printing & Packaging
- Transport & Logistics
Reasons for Plant and Equipment Valuation
Plant and equipment valuation is described as the process of estimating the worth of a plant and equipment asset, undertaken by professional valuers. This includes all assets or devices used in all industry sectors for the production or provision of goods and services be it construction, mining, manufacturing, food processing, hospitality and hospitals.
Machinery and plant valuation are undertaken for various reasons:
Buyers want to know the worth of the facility and its mechanical assets in order to make a reasonable offer or bid. They need to ascertain whether the price tag of the assets they are considering investing in, is reasonable and a true representation of its price.
Machinery valuation is undertaken in order to come up with the price of the subject assets. Here, our professional machinery valuers look for comparables of the recent sale of plants, machines, and other assets of similar make, capacity, condition and year of manufacture. Allowances are made for outstanding features not prevalent on the subject assets to arrive at a fair price.
Equipment financiers need valuation on these assets to determine the collateral value which justifies the loan amount. Assets being financed through equipment finance include heavy machinery, construction, manufacturing, transportation, IT and office equipment.
Extra benefits gained along the valuation of these assets include asset verification and assessment of the estimated remaining useful life of each equipment or machine.
This involves checking the existence of the machine assets against an existing inventory list.