Business valuations

Buying or selling a business is always a stressful time, so by the time you are ready to appoint a stocktaking company, you are probably feeling quite tired and jaded from all the legal and financial dealings.

This final hurdle is probably one of the most important ones to overcome, as a bad stocktaking company could lose you thousands of pounds if they don’t know what they are doing or have limited experience in this area.

The good news is that Countability UK excel in this area and are regarded as one of the top players in the UK stocktaking industry. We only use stocktakers who have been highly trained and have many years, some as much as 30 years, experience in this sector.

Company valuations

We try to take all the stress and worry out of this stage of the process by carrying out an accurate count in a short space of time (usually around 2-4 hours). We identify out-of-date or unsaleable stock and stock owned by third parties (which is commission based). We also ask the right questions regarding anything to do with the stock on the premises which could incorporate margins or stock returns.

We can also calculate news hugglers, which is when a business provides newspaper home delivery, which is a very specialised area. We can work on behalf of just one party (buyer or seller) and then negotiate on our client’s behalf with the other parties. What happens in a lot of cases in the current climate is that we work for both parties.

This means that in a lot of cases we achieve a smoother solution and our costs are shared between both parties, resulting in less to pay from each side. This is always welcome after such an expensive period for both parties.

We provide all the relevant paperwork on the day, which consists of a Valuation Certificate and invoices, which we are the forerunners in providing. A stock summary breakdown will follow shortly after this via email.

The whole procedure is vital for you to finalise the transaction to be completed, as solicitors, banks, accountants and government bodies will need an accurate stock figure to complete or proceed with their work.

Countability UK are founder members of the British Stocktakers Association (BSA).

If you have any questions in regards to our business valuation service, please do not hesitate to pick up the phone and call us on 01707 333665. Alternatively, you can fill out the contact form via the button below and a member of our staff will get back to you shortly.