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.
As providers of asset inventory and valuation expertise to business users in the UK and Western Europe, we are uniquely placed to provide a specialised service that is bespoke, deadline orientated and above all discreet.
The following inventory extract describes the items shown in the picture at the top of this page.
A flame mahogany veneered demi lune chest of three drawers with marquetry inlay, bronze acanthus mounts and ring pull handles. In the French taste, mid Twentieth century
A Bespoke FALCON stainless steel commercial cooking range with eight gas burners over two ovens each oven having a bottom hinged door
A quantity STEELITE blue and white ceramic ware (part of SAV function and thus excluded from this inventory.)
A RICOH photocopier on cabinet stand (property of a third party)
A George III style maroon leather upholstered deep buttoned wing back armchair on a polished timber show frame.
ASTON INVENTORY SERVICES
Having over 20 years experience in the compilation of business asset inventories, we are at the forefront in the provision of concise yet detailed asset information. We are supporters of The Plain English Campaign.
WHY DOES MY BUSINESS NEED AN INVENTORY?
To determine and record by location and quantity items owned by the business
To quantify and provide a permanent record of items that are to be included in an ASSET VALUATION
To avoid dispute regarding what and what IS NOT to be included as a business asset, in the event of business transfer
To determine the existence and location of an asset at a particular date in time
WHAT IS INCLUDED IN AN ASSET INVENTORY?
The inclusion or otherwise of a particular asset in an inventory, is very much a matter of choice of the owner or owners of the business, but as a minimum should include a sufficient number of assets to ensure the continued operation of the business
If we take the example of a property that is to be transferred as a vacant building, all of the moveable items e.g furniture, equipment, floor coverings etc may be considered as suitable for inclusion in an inventory.
WHY USE ASTONS FOR MY INVENTORY?
We have a specialist knowledge and expertise gained over 20 years in the preparation of inventory for business
We have a nationwide coverage in asset recording and valuation, European cover if required
We are registered and accredited suppliers to a number of Government Procurement Portals, e-procurement being the preferred and in some cases obligatory method by which authorities tender for goods and services. Please see the drop down menu on the HOME page for details of the e-procurement portals with whom we are accredited
We have a significant experience in the recording and valuation of business assets and ANTIQUES and FINE ART. Hence we can offer one stop shopping for clients that have both standard and antique items in their portfolio
Our service is competitive, comprehensive and discreet
Future insurance claims can be substantiated from a recently prepared inventory
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