Kumar & Company appointed to sell Factorsafe stock and assets

Walsall-based chartered surveyors, valuers and auctioneers Kumar & Company have been appointed to sell the stock of Factorsafe Ltd in creditors’ voluntary liquidation.

Factorsafe Ltd, in Birmingham, appointed The Timothy James Partnership in Bromsgrove to wind up the business in August this year. The Timothy James Partnership has appointed Kumar

& Company to dispose of the stock and assets of Factorsafe Ltd.

An auction is currently running which will end on Tuesday 12 November, offering UK businesses the chance to stock up on a huge range of work wear, trousers, hi-vis jackets, safety footwear and gloves at bargain prices.

Rajiv Kumar, Managing Director of Kumar & Company, said: “The current auction running has 293 lots on offer and, in this instance, collection can be made from our Walsall offices in North Street.”

Kumar & Company is a firm of chartered surveyors offering specialist advice for the valuation of complex machinery and business assets. Incorporated in 2009, the firm acts for

insolvency practitioners, local authorities and private businesses across the UK.

As well as asset and business auctions, Kumar & Company also offers valuation reports, pre-lending advice, financial reporting, asset disposal and recovery, and has a specialist audio visual sector knowledge and experience.

The firm can provide a revaluation of assets for statutory accounting purposes and valuations for corporate transactions such as accelerated mergers and acquisitions.

To find out more about Kumar & Co, click here to view their profile with Auction News - https://auctionnews.com/auctioneers/kumar-company