At Eddisons, we are the UK’s leading auctioneer for the insolvency sector. That makes us the first port of call for business owners and insolvency professionals wanting to sell commercial assets quickly and professionally.
As well as providing an important service for sellers, liquidation auctions also give buyers a rare opportunity to acquire commercial assets for a fraction of the price.
What is a liquidation auction?
A liquidation auction is a sale of commercial assets from businesses that are being wound up. As part of the liquidation process, an insolvency practitioner will sell the company’s assets, such as property, machinery, vehicles and stock, at auction. The assets are sold to the highest bidder and the money raised is used to pay off the company’s debts.
Before the auction, the assets are valued and marketed professionally to help the seller achieve the best possible price. However, as the assets need to be sold quickly, there are still some excellent deals for opportunistic buyers.
Sell your assets
We provide asset sales and valuations for a wide range of sectors, whether you may be seeking to sell woodworking machinery, or industrial plant and machinery equipment. Contact our expert asset sales team today for more information on our asset auction process.
The benefits of buying assets at auction
In liquidation cases, the requirement to raise funds is time-sensitive. The liquidators need the money quickly to repay the company’s debts as much as possible before closing it down. That enables buyers to secure new, nearly new and used assets at a fraction of the price they’d pay if they bought them from a retailer. The other benefits include:
- Wide selection - Liquidation auctions sell assets from businesses across diverse industries and sectors, so everything from used machinery to new stock is available.
- Resale opportunities - Assets at liquidation auctions are priced to sell quickly. That allows buyers to resell the goods for a profit.
- Accessibility and ease - Our liquidation auctions take place online, enabling buyers to participate in real-time without travel costs or time constraints.
- Sustainability and environmental impact - Online liquidation auctions reduce the requirement to travel and ensure equipment, machinery and surplus inventory are reused rather than becoming waste.
What is the process?
Our assets for sale are listed in our online catalogue with detailed imagery and descriptions. You can arrange to view the lots in person, and as long as you are not connected to the company being liquidated, you can make a bid. You can track the progress of your bid online and will receive a notification if a higher bid is made.
Our assets for sale include:
- Agriculture and land
- Plant and machinery
- Business and trading assets
- IT equipment
- Industrial assets and equipment
- Cars and commercial vehicles
- Retail stock and inventory
- Metals and metal processing
- Antiques and collectables
Quality assets at affordable prices
Whether you’re a bargain hunter, a reseller or a business owner looking for specific equipment or machinery, our liquidation auctions offer a unique opportunity. Find out more about our asset sales service, search our assets for sale or see what’s available in our online liquidation auctions.
Get in touch with the Eddisons team
Please contact us for more details and information
