Stocktaking FAQs
Express Stocktake receives many questions. Below you will find answers to the most important Stocktaking FAQs. If you cannot find the answer to your question, please contact us.
What is stocktaking?
Stocktaking is the process of physically recording the amount and condition of stock held by a business.
Why is it important?
Performing a stocktake is necessary for many important business transactions. It is an essential audit and is widely recognised by the relevant government bodies, accountants, banks and insurance providers. There are many reasons why businesses require stocktakes. These include: preparing the year end accounts, when selling a business, transfer of ownership, insurance valuation, dissolution and as part of a report for banks and other lenders.
Which services are best for me?
Different situations require different stocktaking solutions. Our team of experts can help you determine the most suitable route for you. For further information see our services page or call us on 01753 299955.
When do you perform stocktakes?
We are flexible to the needs and schedule of your business. Stocktakes are performed 7 days a week, typically during the daytime. However, night-time stocktakes can be arranged as and when required.
How long will it take?
While this does depend on the size of your business, a team of sufficient size to complete the job thoroughly and in a suitable time-frame is always provided.
Should I book in advance?
Yes. Providing a sizable notification period before the stocktake is required allows us to ensure all details are finalized beforehand. We endeavor to deliver the best service, which takes time and careful preparation.
Where do you cover?
Express Stocktake covers the whole of the UK.
What happens if I’m not satisfied?
Customer satisfaction is our number one priority. If for any reason you are not satisfied with the service provided, we work with you to reach a satisfactory outcome.
Is Price Match available?
We promise to beat any written quote. In fact, our competitive prices can save you up to 20% against the standard charges within the market.
How much does a quote cost?
Nothing. Quotes are free and without obligation.
What is the inquiry process?
Inquiries can be discussed with Express Stocktake via your preferred media – whether that it telephone or e-mail. When it is feasible, we do visit customers to discuss projects in person.
What if I don’t understand the report?
Reports are explained in detail to ensure you fully understand the outcome.
