Archive for September, 2009

Case Study – Asset Valuation Post Purchase

Brief – To Compile an Urgent and Detailled Valuation of a Broadcast Post Production Company’s Technical Assets

Waters Technical Services were approached by the official reciever to prepare a valuation of the assets of a post production business that had gone into recievership.

The valuation was complicated by the wide range of types and ages of equipment present, the lack of up an to date asset register and the number of lease arrangements that existed on groups of equipment.

Waters Technical Services flew over to the company premises and spent two days preparing a detailled list of the equipment present across some 15 operational rooms, using our specialist knowledge to identify individual items and cross check them with the company’s sketchy asset register, and leasing schedules.

The highly detailled list was then processed over a period of 4 days to prepare a detailled estimate of current resale value of each item against a number of scenaria, including individual sale of each item, sale of whole to a dealer or sale in situ as a working facility.

The process was completed within two weeks from the initial enquiry and enabled the official reciever to enter negotiations with a clear picture of the break up value of this highly specialised set of assets and as a going concern.

Waters Technical Services undertakes asset valuation on behalf of financiers both pre-purchase and post-purchase to help financiers make lending decisions in the specialised area of broadcast and post production equipment.

Waters Technical Services
Mobile: 07801 053248
Office: 01453 549048
Email: hugh@hjwaters.co.uk
Web: www.hjwaters.co.uk
Skype: hjwaters

Twitter: http://www.twitter.com/hugh_waters

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IBC 2009 – is there time for it?

Once again the rush to prepare for IBC 2009 is upon me again. Quite why something I knew I’d be attending for an entire year should be a rush is a mystery. It’s been a mystery now for almost 25 years.

During this year’s IBC I’ll be taking in a lot of information before the show about new technologies, software updates etc etc and studying technology and techniques that have been around for a long time. The special focus for me this year is studio design, lighting, camera systems, etc etc.

For a consultant like me it can be a tad confusing, knowing what to focus on. After all my work spans such a wide range.

Currently I’m working with Skillset on helping to create and update National Occupational Standards for the Post Production sector.

This year I have written reports on the future requirements for broadcast engineering, facilitated a major seminar between UK VFX industry and UK educators, provided valuation services to an official reciever dealing with the disposal of a post house, created specifications for training studios, video and radio, created system proposal documents for broadcast playout facilities for a major football team etc etc.

Whilst all that is happening I’m also in the early stages of developing a training course for broadcast technicians and, completely removed from the TV world, developing short courses for helping small businesses understand the power of online marketing and what it can do for them.

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