Machinery Valuation

Machinery Valuation Appraisal of machinery using modern application, “McPro” technology for faster and enhanced accuracy of the appraisal. This ensures that every machine is inspected by our valuers. All processes are standardized with our extensive databases for accurate machine value analysis. In addition to machine appraisal services, there are also related services such as detailed asset counting, including property accounting for large corporations. Machinery Valuation services include Providing machinery valuation and registration services at the Department of Industrial Works, Ministry of Industry, Department of Business Development, and Ministry of Commerce according to the Business Security Act 2015 for quick access to the financial sources and providing advice for registration correctly. Machinery valuation can be considered in various cases according to the needs such as: Machinery registered or not registered Machines in production belts or single machines Install or ready-made machinery Machinery is already installed or on its way The required documents to be used in this type of property valuation are: Machine registration/number Machinery manual Documents of purchase such as invoices Installation contract (if any) Machine installation chart

An additional service that is provided with machinery valuation that can be applied for those machines that are not yet installed, still during the process of purchasing, transporting of products from abroad, and those machines that have already been utilized but not yet registered. Therefore, if you are interested in this service, we will proceed and cooperate with an expert in machinery registration in order to comply with government regulations

The valuation of vehicles, in this context, applies only for those transportation vehicles used for industrial works such as bus, public transportation, trailer, truck, vehicles in the logistic industry, and for those recorded in the business as a vehicle type. The 2 most popular valuation methods to use when it comes to this type of property valuation are first, the ‘Market Approach’ by referring to the new and used car market information and making a comparison with a similar brand and model. In addition, the ‘Cost Approach’ can also be used to compare the acquisition price and adjust according to the efficiency condition of utilization for those that do have market information to compare.

When the production line of machinery becomes obsolete and hence requires changes and upgrades with the help of various upcoming technological innovations, machines are either partly upgraded or removed for a superior replacement entirely. Appraising the present value according to the machine age and condition helps customers save costs when going through the machinery replacement process. Principles for Appraisal of Machinery for Scrap Disposal Offloading machinery parts becomes necessary when a machine deteriorates its efficiency and does not produce at full functionality. The goods produced are no longer consistent in terms of quality. Sometimes, machines become obsolete due to changes in consumer markets, as a result, a superior replacement machine is unavoidable. These old machines, no matter the condition, can still be repaired or upgraded to function properly, hence, they still have market value in exchange for trading as a second-hand machine or used machine. Our machinery valuation service for scrap value disposal is available to our customers in two ways. The first one is called a median price valuation, designed for customers’ use in budgeting and project cost estimation. The second is known as maximum price estimation, ideal for machine owners who are looking to sell old machines and replace them with a new ones.  This helps customers gain an economic advantage when attempting to gain the most of the scrap and unwanted machines from buyers.

Our appraisal service offers more than just property valuation, but also an option to help the businesses organize their assets into categories, in other words, preparing asset lists after registration of each property. We have a modern and sustainable application, MCpro, to assist during the assets inspection, in which scanning tools and asset labelling are much more convenient. Now is the time to upgrade from the office program to Mcpro for continued corporate growth. Many companies establish and grow as a single owner business. However, when the time comes to expand the business which requires a new venture or even applies for collateral loans. To demonstrate transparency, having an asset list as reference is necessary in conducting a business transaction; business acquisition, merger or joint venture. Examples of assets are machinery, production line equipment, office equipment, inventory, raw material, supplies, computer software, license software, computer program, buildings and constructions on land decoration, etc. Regarding the new law and regulation under Business Security Act BE 2558, it allows business collateral which is the asset within the organization for loans by registering as guarantor with the collateral receiver through the collateral registration system of the Ministry of Commerce. Therefore, making asset list preparation service together with the property valuation is necessary when it comes to business expansion, Road Show, collateral loans or business matching. Asset list preparation service, we have tools and equipment to make use of the customer’s business. In addition, it will not be just a one-time delivery as the clients will be able to utilize it for further benefits. As for the officer, they can monitor, check, post the depreciation and handover to the person who is in charge of the property and asset. Lastly, for the supervisor and staff who use that item will be annual/quarter property and asset inspection, notification of changes in property or assets transfer to other parties and notification of repair, and notification of property valuation on a certain occasion. These are very easy and convenient to control and manage unlike before since the asset list is always updating.  For first time customers, organizing the asset lists may consume a bit more time. However, this should not deter customers from using our machinery and equipment appraisal service as any preceding appraisal for the future occasions can be done smoothly even with the change of the personnel responsible in the organizations.