Maximizing Returns on Your Redundant Corporate Assets

For businesses seeking strategic corporate asset disposal in Mombasa, a professional and structured approach is crucial to maximize financial returns and ensure full compliance. Whether your company is upgrading its vehicle fleet, replacing industrial machinery, liquidating surplus inventory, or clearing out end-of-life IT and office equipment, simply selling them off may not yield the best value. Swipe Recoveries Experts Ltd provides a comprehensive, end-to-end asset disposal service designed to turn your redundant assets into working capital efficiently. We serve businesses across Mombasa's key economic hubs, from the logistics centres near the Port of Mombasa to manufacturing plants in Changamwe.

Adopting Best Practices: The Public Procurement and Asset Disposal Act, 2015

While the Public Procurement and Asset Disposal Act, 2015 is mandatory for public entities in Kenya, its principles offer a robust framework for private sector corporate asset disposal. These principles—transparency, accountability, and achieving maximum value—are the cornerstones of our service at Swipe Recoveries. Adopting these standards voluntarily protects your business, ensures a fair process, and builds stakeholder confidence. A poorly managed disposal can lead to undervalued sales, accounting discrepancies, and potential shareholder disputes.

Our process ensures meticulous documentation, which is vital for your financial records. We help you reconcile the asset's book value against its final sale price, providing clear reports for your accounting and audit teams. This is also critical for tax compliance, particularly concerning VAT obligations on the sale of business assets. By entrusting your corporate asset disposal in Mombasa to us, you ensure the process is not only profitable but also impeccably documented and auditable, safeguarding your company's reputation and financial integrity.

Corporate asset disposal Mombasa
Swipe Recoveries Experts Ltd

Our Strategic Process for Corporate Asset Disposal in Mombasa

We offer a tailored, turnkey solution for businesses in Mombasa, managing every detail to free up your internal resources and guarantee optimal results.

1. Asset Inventory & Audit: Our team visits your premises in Mombasa to conduct a thorough inventory and audit of the assets designated for disposal. We catalogue each item, noting its condition, make, model, and serial number.
2. Professional Valuation: We perform a professional valuation to determine the assets' Current Fair Market Value. This data-driven assessment is critical for setting a realistic reserve price and forms the basis of our disposal strategy.
3. Customized Disposal Strategy: Based on the asset type and value, we recommend the best disposal method. This could be a public auction for competitive bidding, a private treaty sale for specialized equipment, or a sealed-bid process for high-value items requiring confidentiality.
4. Targeted Marketing: We design and execute a powerful marketing campaign to reach the most relevant buyers. This includes advertising in national newspapers, digital marketing, and direct outreach to our network of buyers in Mombasa's logistics, manufacturing, and hospitality sectors.
5. Execution and Logistics Management: We manage the entire sale day, whether it's an on-site auction or an online event. Our team handles all logistics, including viewing arrangements, buyer registration, payment collection, and asset handover.
6. Financial Reconciliation & Reporting: Post-sale, we provide a detailed financial report, reconciling all sales proceeds and costs. We then ensure a prompt transfer of the net funds to your account.

Debt Recovery & Auctioneering Coverage in Mombasa, Kenya

Swipe Recoveries Experts Ltd provides commercial recovery, skip tracing, and auctioneering services across Mombasa, Kenya and all 47 counties in Kenya.

Transparent Pricing for Corporate Asset Disposal Services (KES)

Corporate asset disposal of fleet vehicles in Mombasa managed by Swipe Recoveries Experts Ltd.

Our fee structure for corporate asset disposal is designed to be transparent and align our success with yours. The primary fee is a commission based on a percentage of the gross sales proceeds. This commission typically ranges from 5% to 15%, depending on the total value and complexity of the assets. This performance-based model ensures we are motivated to achieve the highest possible price for your assets.

In addition to the commission, there are direct costs associated with the disposal process, which are billed transparently to the client. These may include:
Valuation Fees: A formal, detailed valuation report can cost between KES 20,000 and KES 60,000, depending on the volume and type of assets.Marketing & Advertising Budget: This is agreed upon beforehand and can range from a modest sum for targeted digital ads to a larger budget for quarter-page ads in publications like the Daily Nation or The Standard.Logistical Costs: If assets need to be moved to a central auction yard, transportation and security costs will apply.We provide a comprehensive proposal with a full cost breakdown before any work begins.

Frequently Asked Questions

What types of corporate assets can you dispose of in Mombasa?
We handle a wide spectrum of corporate assets in Mombasa. This includes commercial vehicle fleets (trucks, vans, cars), industrial plant and machinery, construction equipment, surplus stock/inventory, end-of-life IT hardware, and complete sets of office furniture and equipment. We have specific experience with assets from the logistics, manufacturing, hospitality, and service industries prevalent in the Coast region.
Is an auction the only way to dispose of corporate assets?
No, it is not. While a public auction is highly transparent and often drives prices up through competitive bidding, it's not always the best fit. For highly specialized machinery with a limited market, a private treaty sale (negotiated direct sale) may be more effective. For high-value asset portfolios where confidentiality is key, a sealed-bid process can be ideal. We recommend the best strategy based on your specific assets and objectives.
Why should we use Swipe Recoveries instead of selling the assets ourselves?
Using Swipe Recoveries provides significant advantages. We save you valuable management time and internal resources by handling the entire complex process. Our expertise in valuation ensures you don't undervalue your assets. Our extensive marketing reach and buyer database guarantee exposure to serious, qualified buyers, leading to higher sale prices. Most importantly, we ensure the entire process is legally compliant, transparent, and fully documented for your peace of mind.