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ABOUT US
We are Licensed Trade / Asset Valuers and Antique Appraisers, with over twenty years experience in chattels valuation for both blue chip companies and private clients. Our service is efficient, cost effective and of course discreet. Our principal Ken Aston is a Fellow of the Association of Valuers of Licensed Property. Among his notable achievements, Ken set up and headed the Christie Group inventory and asset valuation team that prepared the inventory for the Millennium Dome (now The O2 Arena) when it was being prepared for sale to Nomura Bank of Japan.

It is our belief that with over eight thousand pages of information, prepared in an A3 landscape format, each page with two hundred and fifty fields of information – a total of eight million plus fields of information, that this is the largest inventory and valuation document ever prepared in Great Britain. The fact that Ken initiated trained and supervised a team of thirty, set up and performed the operation and concluded it well within client set deadlines, is proof positive of Aston Asset Valuers commitment to customer service and satisfaction.

Other Aston Asset Valuer clients include Official Receivers who need to determine the value of an asset in order to facilitate the disposal of a business, and legal firms requiring the services and experience of an expert witness. Frequently, the use of our expertise at an early stage can be key to determining an appropriate course of action,
and ultimately the future of an ailing business.

Our commitment is not however limited to large scale work. We are equally at home operating on behalf of a private client, whose needs we appreciate may be very different to those of a large PLC or Multinational Group. We offer a nationwide service, and have when required. worked in Europe on behalf of a client.We operate in three key areas
of asset management.

INVENTORY
To define and record company assets
An inventory is a list of the assets of a business and is used to enumerate those assets that don’t form part of the freehold element of that business. Such assets are often referred to as chattels or fixtures and fittings. Individual client needs dictate the scope of an inventory but essentially any asset that is within the business premises and is wholly owned by the business can be considered for inclusion in a trade inventory. An inventory is an essential document prior to the preparation of a VALUATION of non freehold assets.

VALUATION
To apportion company assets a GLOBAL (single) monetary value
A valuation affords a single (global) monetary value to a pre-prepared INVENTORY. It is normally provided on one of three bases, and is dependent on the current trading status of a business. There are THREE principal areas of vauation in which we operate. These are as follows:

AUCTION VALUATION
An auction valuation figure is the lowest value that can be expected to be obtained from the disposal of the contents of an inventory, where a business is not trading profitably, is unlikely or does not enjoy security of tenure and where the inventory contents are to be sold at public auction without reserve. (A reserve is the minimum value set by an auctioneer below which the goods won’t be sold.)

WILLING BUYER WILLING SELLER
A valuation compiled on the basis of a willing buyer/willing seller, is used where a business is trading profitably, and is likely to enjoy continued security of tenure for the foreseeable future. As such it is the valuation figure most likely to be used during the normal course of sale or acquisition of a business.

INSURANCE VALUATION
Used to ascribe a valuation figure where goods are to be replaced at current market cost, in case of loss or theft.
As such the insurance valuation is usually the highest figure where an inventory is to be valued.

ASSET REGISTER
To afford maximum asset detail and financial control
The asset register is similar to an asset valuation in that it affords financial information, but with greater detail and hence financial control. In the case of assets that are frequently moved, we are able to asset tag items for future identification. Specific services are tailored to specific client needs, please enquire for further details.

If you wish to speak with us regarding asset inventory, valuation or asset register, please call our principal Ken Aston on his personal phone. The number is 07916 325098.

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