Business Valuation specliast recommendation

[northernladuk]

Meh.. great recommendations

To make a useful recommendation we need to have a clue what you are doing. For example, you threw in overseas, so if we recommend anyone that's only UK we've wasted yours, and our time. Or maybe it's not overseas, we simply don't know. In most one man contractor setups an accountant is more than enough to give you a valuation as it's generally whats in the bank and nothing more. If you have a micro consultancy and some regular clients/market exposure then you need something more. You can't expect a quality recommendation based on sweet fanny adams.

As I said, we've seen this question before and after a long process of extracting bits of information from the OP the whole thing was just hooky and a waste of time. Give us some quality input to work on and we will give you some help. Give us smoke and mirrors and you'll get the same.

[sadkingbilly]

Meh.. great recommendations

with CUK, you get what you pay for.

[sojan]

Good luck with that. Expect to be drip fed irrelevant details, while devoid of facts, followed by editing of posts and probably a flounce until the next time.

I’ve used a search engine which listed several business valuation services.
Since the OP doesn’t talk about “my accountant”, but just “accountant” and most of the rest talks about “everything is done in FreeAgent”, it would not be too big a leap to say that the OP does their own accounts as they see accountants as a waste of money, and now want free advice from accountants and others, and isn’t happy that they are not getting the free help they think they deserve to have.

Meh.. great recommendations

[sojan]

Without a doubt and not surprising as soon as 'other country' drops in.

I had updated it already in the main OP .. hence didn't want to add it to every thread.
And yes, updated 'Accountant' to 'My' accoutant.
(Not sure why the forum is so rude. Number of posts in the forum less than doesn't mean everyone don't have an accountant and are newbies)

[northernladuk]

Good luck with that. Expect to be drip fed irrelevant details, while devoid of facts, followed by editing of posts and probably a flounce until the next time.

Without a doubt and not surprising as soon as 'other country' drops in.

[WTFH]

Can you expand on this?

Good luck with that. Expect to be drip fed irrelevant details, while devoid of facts, followed by editing of posts and probably a flounce until the next time.

I’ve used a search engine which listed several business valuation services.
Since the OP doesn’t talk about “my accountant”, but just “accountant” and most of the rest talks about “everything is done in FreeAgent”, it would not be too big a leap to say that the OP does their own accounts as they see accountants as a waste of money, and now want free advice from accountants and others, and isn’t happy that they are not getting the free help they think they deserve to have.

[northernladuk]

Correct, but for another country

Can you expand on this?

[sojan]

Are you filling in your self-assessment and trying to calculate the CGT due on a liquidation?

Correct, but for another country

[northernladuk]

Are you filling in your self-assessment and trying to calculate the CGT due on a liquidation?

We've been asked this a few times, with the same limited (no) information. In all the cases previously it was some harebrained scheme to sell a standard one man contractor company on to a relative/friend/other contractor to avoid liquidation and whatnot which completely failed. It would be nice to get some context of this situation so we can either give you solid advice for a genuine company and reason or have a giggle if it's just a normal (to us) LTD with some hooky plan that won't work.

I know what my money is on.

[Snooky]

Are you filling in your self-assessment and trying to calculate the CGT due on a liquidation?

[courtg9000]

If this isn't to market the company for sale then get your accountant to sort you out. He/She/They/Tiddles/Rover/Flopsy should be able to assist quite easily.

If you are going to market then choosing a broker is a different affair, those valuations will be a bit higher.
Choose your broker well and be sure that they have a track record with businesses closely aligned with the business for sale.

[WTFH]

Which company is this?
Have you asked your accountant, or are you still doing it all yourself?

https://forums.contractoruk.com/acco...per-value.html
https://forums.contractoruk.com/acco...companies.html
https://forums.contractoruk.com/acco...companies.html
https://forums.contractoruk.com/acco...-director.html

[sojan]

Any recommendation/threads related to 'Business Valuation' Services for Limited companies?
This is specifically oriented towards 'determining' valuation of the limited company at a given point in time and the value once it is liquidated
(So basically two valuations of same Micro Limited company with all accounting details in Freeagent)

PS: Updating the reason
- Moving abroad and the other country states to pay CGT on capital gains on UK income. (MVL becomes Capital gains)
- The advice given is to Find the difference between (Value of company at liquidation) - (value the company when I've become tax resident of the new country) and pay tax for the difference.
- My Accountant (UK Accountant) said they won't do as it requires Business Valuation Specialist to assess the value of the company and is not something their accounting company do.


thanks in advance