A well-known name in Kent and the South East.
Frank G May & Son - Stocktaking specialists since 1971
What we can help with:
Profitability
Any business holding stock will need an accurate stock value at the end of each financial year. It is used to arrive at a gross profit.
Insurance
A track record of accurate stock values will help the success of any claim for losses.
Efficiency
An independent stock check frees your own staff to do what they do best, could save management endless hours of calculations and can be done whilst trading is in progress saving overtime costs. An in-house exercise could well be compromised by interruptions.
Comparability
Year by year figures allow management scrutiny of variances and can highlight values expired and slow-moving stock allowing informed decision making.
Accountability
An independent stocktaker is responsible to you, the client, and to external bodies like accountants and HMRC. Potentially, independent stocktaking can save you expensive work to meet HMRC enquiries.
Sale of business
The sale of a business is sometimes a fraught time and an independent and impartial stock assessment will be found to well repay the modest cost involved.
Sale valuations
Your choice of a stock valuer on the sale of your business is critical. The right choice can save you money. Our long experience coupled with personal attention will best look after your interests.
We do not just count- we check each item for condition, saleability, expiry date, correct location and quantity. We can adjust the result from sales and purchase paperwork to your financial year end. We work quietly and unobtrusively.
Why choose us?
Integrity
We take pride in our work and enjoy doing it. We count every item, check its sell by date and condition and leave the shelves tidy. We will highlight incorrect pricing and misplaced items and any evidence of pilferage.
Supervision
Each stock checker works quietly under the direction of the company director. All are time served professionals work in time-proven work patterns to achieve an accurate result.
Cost effectiveness
We cause the absolute minimum of disruption to the smooth running of the business and offer a very competitive fee structure.
Flexibility
We can work at a time to suit you and provide results in a format that meets your needs.
Trust
It is of critical importance that we both win and retain your confidence in what we do and the way we do it.
Why Do I Need A Stock Take ?
The benefits of regular stocktaking are many and include:
1. Knowing the value of your stockholding allows you better control and management of stock held and can help save you money
2. It helps to highlight short dated and out of date stock
3. It allows you to submit more accurate accounts meaning you may pay less tax
4. It provides you with a more accurate valuation for insurance purposes which can mean faster settlement of any potential claim
5. Proper stock control, of which stocktaking forms a part, can highlight any potential pilfering
6. It saves staff time by not having to do stocktaking reducing potential overtime costs and doesn't take staff away from performing their other duties
7. It enables you track trends in key categories to enable forward planning and more targeted stock control HMRC also prefer to see independent stock valuations
Terms and Conditions
Cancellation within 90 days of the booked date will incur no cancellation feeCancellation within 60 days or less will incur a cancellation fee of 50% of the stocktaking fee quoted Cancellation within 30 days or less will incur a cancellation fee of 100% of the quoted fee Whilst we try to identify out of date and short dated stock we by no means guarantee to be able to find and/or remove them all Our fee is due no later than 7 days from the date of valuation.
For a sale valuation the fee is payable on the day If our fee is not received within 28 days a late payment charge may be addedUnless expressly agreed by us in advance, if payment is not received within 30 days from date of stocktake, recovery proceedings may be instigated which could add additional fees to the balance outstanding By agreeing to book us you agree to these terms and conditions.
Talk to our stocktaking specialists today
Send the team at Frank G May & Son an email and we'll be in touch as soon as possible.
