Tasmanian Valuers and Auctions Pty Ltd - Corporate Profile

Method Tasmanian Valuers & Auctions Pty Ltd solely own our Group

Formally trading as

TASMANIAN VALUERS & AUCTIONEERS PTY LTD

WEBSTER VALUERS & AUCTIONEERS

The Mission Statement

Offer the highest possible level of service to our customers.

Maintain strong ethical links with our clients.

Develop the competence and skills of our staff.

The Industries

Today, Tasmanian Valuers & Auctions Pty Ltd is an active participant for clients in a variety of industries including:

  • Horticulture
  • Mining Industry
  • Bearings
  • Engineering Supplies
  • Merchandise
  • Heavy Machinery
  • Seafood Industry
  • Finance
  • Tasmanian Meat Industry
  • Automotive Industry
  • Antiques
  • Office and General Furniture

Company Overview

Tasmanian Valuers & Auctions Pty Ltd group formally Tasmanian Valuers & Auctioneers Pty Ltd & Webster Valuers & Auctioneers was established in Tasmania in 1967 to offer a comprehensive range of plant and machinery valuation and disposal service to clients. The group is one of the oldest and one of the largest plant and machinery valuation and sale practices in Tasmania and employs staff located across Tasmania.

Tasmanian Valuers & Auctions Pty Ltd is a Member of the Auctioneers and Valuers Association of Australia, and one of the only plant and machinery valuation firms in Tasmania employing a Certified Valuer of the Auctioneers and Valuers Association of Australia (Plant and Machinery) and a Certified ASA (American Society of Appraisers) Senior Appraiser on its staff.

Tasmanian Valuers & Auctions Pty Ltd provide a full range of valuation services for all types of plant and equipment to meet the specific needs of the client. Whether a valuation is required for insurance purposes, to meet accounting standards, company law purposes, financial reporting, capital gains tax, sale, merger or acquisition, finance / lease security, or to support a company float. Tasmanian Valuers & Auctions Pty Ltd offer the industry recognised qualifications, experience, and back up. These professional qualities and knowledge guarantee accurate and timely reporting to the client.

Our client list includes major and minor private and public companies, leading Chartered and CPA accounting firms, financial institutions, the banking industry, Commonwealth and State Government departments, authorities and local council municipalities.

Tasmanian Valuers & Auctions Pty Ltd is a totally independent valuation / online sales service and is not involved in private brokerages or trade in plant and machinery. This impartiality coupled with the fact that when we are involved in the disposal of plant and machinery we only act in the capacity of consignment sellers to ensure no potential conflicts of interest can or will arise.

Tasmanian Valuers & Auctions Pty Ltd are Tasmanian representatives for various National Firms.


Range of Services

Tasmanian Valuers & Auctions Pty Ltd offer the following services:

  • Valuations of plant and equipment and inventory;
  • Fixed asset stock takes and assistance in the establishment and maintenance of asset registers; and
  • Disposal services by way of online sales at a client's site or at our Tasmanian facility located in Latrobe.

The TVA Sales Service

TVA can provide Online Sales and Expression of Interest options dependent on your needs and circumstances. The choice of sale will depend on a number of factors including: client preference; business structure; the quality and quantity of items; and location. We take all these factors into consideration when advising on the most appropriate sale option.

Whatever your preference for the selling of assets, you can depend upon the experience, depth of knowledge, qualifications and total commitment of TVA personnel to ensure you get the best possible net return.

ONLINE SALES

TVA's online website enables a secure platform for the sale of assets over a flexible/nominated timeframe. Vendors can view and track the online bidding activity. Funds are directly credited via securepay into TVA's NAB Online account. Vendors will receive an efficient remittance of the proceeds of the sale along with a detailed report of their sale item realisations, GST (if applicable), fees and net proceeds.

Notification about the Sale will be distributed through www.tva.net.au email transmission service, sms and social media.


Valuation Qualifications

The ASA (Australia Chapter) was established in 2010

Our Valuer team has an ASA Senior Appraiser accreditation

  • ASA-accredited appraisers provide the best valuation expertise available on the market, and their appraisals provide unmatched credibility in all legal proceedings.
  • ASA members earn their accreditations only after completing a rigorous evaluation process that requires years of study, dedication and commitment.
  • ASA is the oldest and only major appraisal organisation representing all of the disciplines of appraisal specialists. The society originated in 1936 and incorporated in 1952.
  • ASA along with other leading appraisal societies founded the Appraisal Foundation to set the generally accepted and recognised standards of professional appraisal practice in the United States. The Appraisal Foundation was recognised by Congress as the source of Appraisal Standards and Appraiser Qualifications.
  • ASA Accredited appraisers follow both the professional standards set forth by the Appraisal Foundation and ASA's own stringent Code of Ethics and Principles of Appraisal Practice.

The AVAA was established in 1952

One of Australia's leading professional valuation organisations. Membership is restricted to only those persons who meet annual accredited continuous professional development requirements. As a client of Tasmanian Valuers and Auctions you are protected by a strong code of ethics, designed and enforced by the AVAA, which provides disciplinary measures in the event of breaches by members.

Our Valuer has personal accreditation by the AVAA, this and our strict quality control procedures ensure the highest levels of professionalism and accuracy of reporting.


Experience

We have extensive valuation experience in the following industries to name but a few:

  • Civil Contracting
  • Transport
  • Road
  • Construction
  • Production Processing
  • Meat Processing
  • Heavy & Light Engineering
  • Chemical & Petrochemical Industries
  • Mining & Extractive Industries
  • Computers
  • Fishing
  • Food & Beverage Industries
  • Agricultural
  • Hospitality and Nursing Homes
  • Hospitality
  • Railway Rolling Stock
  • Timber & Woodworking
  • Antiques

Basis of Valuation

Valuations can be provided for single items or complete multi-site facilities under each or all of the following bases:

  • Insurance Cost New Value;
  • Insurance Value Depreciated;
  • Fair Market Value;
  • Fair Market Value for Removal:
  • Fair Market Value In Continued use;
  • Fair Market Value Installed;
  • Orderly Value;
  • Forced Liquidation Value;
  • Salvage Value;
  • Scrap Value;

Reporting

Our valuations are prepared as a sequential, detailed inventory of plant and equipment, divided into individual areas and sub totaled into Departments. Each line item in the valuation has alongside its attendant value dependent upon basis of valuation. Where available, both model and serial numbers are included allowing for more positive identification.

A valuation report comprises, a title page, letter of report setting out totals, matters effecting the valuation along with comments felt by the valuers to be of importance to you, the basis of valuation. A complete copy of the Valuation Report will be emailed in pdf format when payment is received in full.

To aide entities in the preparation of sale memorandums we can also provide complete valuations without figures for incorporation into sales packages.


Other Services

The following additional services can be provided:

  • Asset Identification Stock Takes;
  • Establish a Review of Asset Registers;
  • Asset Disposal and Rationalisation Advice;
  • Advice to Vendors and Purchasers on Plant and Machinery Transactions;
  • Reports For Arbitration
  • Quantity Surveying
  • Fixing Internet Hire Rates For Plant And Equipment
  • Matrimonial and Probate Matters

Major Valuation & Online Sale Work Completed

  • Rodgers Reidy (Tas) Pty Ltd
  • Deloitte Services Pty Ltd
  • Sellers Muldoon Benton
  • Paul Cook & Associates
  • BK Hamilton & Associates
  • Price Waterhouse
  • BDO
  • Ferrier Hodgson
  • SV Partners
  • Kazar Slaven
  • Tenuto Financial
  • Shaw Gridley
  • Finlease
  • National Australia Bank Ltd
  • Commonwealth Australia Bank
  • ANZ Banking Group Ltd
  • Westpac Bank
  • Bendigo & Adelaide Bank
  • Bank of Western Australia
  • Esanda Finance
  • Capitol Corp Finance
  • Launceston City Council
  • Burnie City Council
  • Hobart City Council
  • Boral - Industries
  • Tasmanian Perpetual Trustees
  • Public Trustees
  • Trident Pty Ltd
  • Stornoway
  • CPT Engineering
  • Weller Engineering
  • Tasmania Development & Resources
  • Manettas Seafood
  • Insolvency Trustee Service Australia
  • Gunns Timber
  • Transend Network Pty Ltd
  • Hazells Pty Ltd
  • Savage River Mines
  • Civil Construction Corporation
  • Pasminco
  • Southern Pacific Industries
  • Aberfoyle Mines
  • Orex Finance
  • Coles Myer
  • Household Financial Services
  • Tas Pallets Sawmill
  • Page Medical Supplies
  • Blue Ribbon
  • Northern Engineering Pty Ltd
  • Australian Paper
  • Coates & Wreckair Hire
  • North West Regional Water Authority
  • Nipper Cleaning Services
  • Tassal Group
  • Sun Pharmaceutical
  • Tasmanian Medicare Local
  • Brambles Industrial Services
  • Blundstone Pty Ltd
  • Britton Brothers Ltd
  • Carter Holt Harvey Pty Ltd
  • Edgell Birdseye (Simplot)
  • Banjo's Bakeries
  • Fletcher Constructions
  • Westland Nurseries
  • Motors Pty Ltd
  • Southern Wholesales Nursery
  • Richardson's Harley Davidson
  • Tas Technology Centre
  • Coopers Lybrand
  • Devonport High School
  • DAS
  • Cox Miller & Robinson, etc
  • Purchasing Aust.
  • Forze Pty Ltd
  • TasTAFE
  • Carson & McLellan
  • University of Tasmania
  • North Forest Products
  • Douglas Parker Rehabilitation Centre
  • Woolworths Supermarkets
  • Barminco Pty Ltd
  • Coles Myer Group
  • Derby Products Pty Ltd
  • Whiteline Timbers Pty Ltd
  • Southern Rocycle Pty Ltd
  • GIO Aust.

Valuation Projects

One of the important roles in consideration of a Sale is to accurately identify and describe each item to be sold for potential purchasers, and to attribute an estimated market value to each item to enable the department to ascertain accurately how much money they can expect to realise out of the Sale. Tasmanian Valuers & Auctions Pty Ltd has a Valuer accredited by the ASA and AAVA.


Insurances

We can supply a copy of our Workers Compensation Insurance Policy 'Certificate of Currency'. We further advise that similar certificates relating to public risk and professional indemnity insurance can be included.


Final Comment

Tasmanian Valuers and Auctions Pty Ltd are confident of our ability to provide superior service to our clients. Our efforts for the vendor are dedicated to this end.
We look forward to future discussions in relation to this package and are willing to further explain and expand on the contents of this submission.

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Contact Us

  • 2 Speedway Drive, Latrobe, Tasmania 7307
  • 1800 808 197
  • mail@tva.net.au
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