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UK Police Force - Auction and Valuation Services for POCA Assets

Client

UK Police Force

Services Scope

Auction and Valuation Services

Contract Duration

5 Years

Asset Classes

High-End Watches, Consumer Goods, Lost Property, Vehicles, Boats, Real Estate

Objective

We were appointed under a 5-year tender to provide auction and valuation services for a UK police force, specifically for assets seized under the Proceeds of Crime Act (POCA). The police force required a reliable partner to handle a diverse range of asset classes, including luxury watches, general consumer goods, vehicles, and real estate, ensuring maximum value recovery while adhering to strict legal requirements.

Key Services Provided

Efficient Asset Disposal

We provided an end-to-end solution for asset disposal, managing the entire process from valuation to auction and sale. This ensured seamless handling of assets, enabling the police force to focus on their core responsibilities while we maximized asset recovery.

Tailored Auction Services

We offered specialized auction routes for each asset class, ensuring assets such as consumer goods, lost property, and vehicles were sold efficiently and at competitive prices. By leveraging our nationwide auction platforms, we maximized exposure and achieved high sales outcomes.

Specialized Valuation

Our experts provided detailed valuations tailored to each asset class, including high-end watches, vehicles, boats, and real estate. This ensured accurate pricing strategies that maximized returns for the police force while meeting the legal standards required for POCA asset management.

Outcomes

Our tailored approach has helped the UK police force efficiently manage and auction POCA assets, delivering strong financial returns while maintaining compliance with legal frameworks. Our ability to handle a wide variety of asset classes ensured a comprehensive and effective service, enhancing the police force’s asset recovery operations.

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