Today’s Printing Industry
Since our founder, Mr Marriott, began his surveying life specialising in the printing industry, Marriott & Co. has witnessed a slow decline in the global printing industry. Long life heavy-duty lithographic printing presses (and other traditional printing equipment) have been replaced with modern digital printing machines, including toner and inkjet machines, which typically depreciate very quickly and become obsolete within a few years. We had the pleasure last spring of […]
Successful sawmill sale
During the pandemic we were instructed by a Director, looking forward to retirement, to dispose of his esteemed sawmilling equipment and stock. Once we had catalogued over 370 lots of machinery and wood flooring the marketing began. With 500 new bidders registered we suspected our targeted marketing would be successful and we were right. 13,750 bids later, the sale finally closed at 7.30pm after over five hours of bidding extensions […]
When a flying school in the south of England went into liquidation Marriott & Co. were asked to assist with a sale of the school’s assets which included a 1980 Cessna F152 aeroplane. Our client being an expert in the field, noted that the training goggles in our sale were in fact foggles, used to simulate foggy conditions for the wearer! With bespoke and tailored marketing, the result from our […]
An additional 5 hours of bidding
We were instructed to provide a valuation for a kitchen and bathroom design and installation company and then dispose of the company’s assets. We held an online auction of the display and trading stock. After a busy marketing period and viewing day, the auction was a huge success, scheduled to end at 3pm, with overtime bidding the auction ran on an additional five hours! For further information about our valuation […]
Plans change but the results were fabulous
Marriott & Co. handled an interesting case where a private, hospitality client had purchased the assets from the Administrator of a top London digital printing company. The client planned to use the assets to create the graphics ‘in-house’ for their various ventures, hotels and clubs. Their plans changed and we were instructed by the client to arrange a well marketed online auction with fabulous results. For further information about our […]
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 site inspections of over twenty machines at three locations and the valuation researches and report […]
We value the relationship
It’s the relationship which holds the value… We were delighted to hear from an old client for whom we undertook a valuation of their printing plant & machinery in Birmingham some 23 years ago. Within a matter of days from the instruction a fresh valuation was carried out, which contained much of the equipment we first visited in 1998! This case demonstrates the considerable goodwill and professional […]
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 be passed to a professional Valuer. Insurance Valuers themselves need Professional Indemnity cover. In the […]
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 site in Croydon. For further information about our services, click here.
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 – and may result in a court attendance to defend our conclusions. Our reports are […]