How our fastest ever valuation saved a client £10,000s in tax
A couple of Wednesdays ago I received a call asking if we could help with a valuation.
It was for an early stage technology company with international operations.
Just one problem…
The client needed the full report by 3pm that Friday – less than 48 hours. Turns out the valuation had to be in the post to HMRC by 5pm!
Of course, we love this kind of challenge and managed to do scoping, engaging and preparing the valuation within a draft report AND delivered it to the client by the 3pm deadline.
As part of this time-critical challenge, we undertook market research and used this evidence to support the required valuation exercise as well as preparing the detailed report.
The information on the company was relatively limited but we used our experience to interpret that data to create the arguments to support the valuation.