Goodwill
usually the biggest part of the value not in your accounts
Milton Keynes Chartered Accountants — business valuations service.
What’s your business worth? Business valuations when it matters most.
When a valuation is required, accuracy and reasoning matter. We provide evidence-based business valuations that properly reflect both tangible assets and goodwill — giving you confidence when making important financial, legal, or tax decisions.
Many scenarios
sale, divorce, probate, tax, shares — we value for the reason you need it
Case law
recognised approaches, current guidance, not a rule-of-thumb multiple
Defensible
every figure reasoned, to support a negotiation or an enquiry
ObjectiveEvidence-basedBuilt to stand up to scrutinyFixed fees
Independent valuation support
Business valuations are needed at critical moments.
Whether driven by a transaction, dispute, or tax requirement, a business valuation must be prepared carefully, using appropriate methodology and professional judgement.
Valuations the wrong way
Why informal or online valuations fall short
Business valuations are often relied upon in high-stakes situations. Shortcuts or generic valuation tools rarely reflect the true position — particularly where goodwill is involved.
Over-simplified calculations
online tools ignore commercial realities.
Goodwill misjudged
intangible value often poorly assessed or overstated.
Unclear assumptions
no explanation of how figures were derived.
Tax exposure
valuations that can’t be defended if challenged by HMRC.
Dispute risk
weak valuations increase the risk of disagreement or challenge.
Valuations the right way
What a proper valuation gives you
A professionally prepared valuation provides clarity, credibility, and confidence — particularly where third parties are involved.
Independent assessment
objective valuation based on evidence.
Goodwill properly considered
reflecting commercial reality, not formulae.
Clear methodology
transparent assumptions and calculations.
Defensible position
suitable for HMRC, legal, or commercial scrutiny.
Informed decisions
confidence when negotiating, planning, or resolving disputes.
Business valuations & goodwill
Business valuations for different purposes.
We provide valuations for small and owner-managed businesses in various situations.
The balance sheet is a starting point for valuations, but goodwill is often the largest and most complex element of a valuation and rarely appears clearly in the accounts. Goodwill requires judgement, not shortcuts.
Business valuations for a wide range of situations
Selling or merging a business
Divorce or matrimonial settlements
Admission or exit of shareholders or partners
Probate and estate matters
Minority shareholdings
Retirement or resignation of partners or shareholders
Insurance and compensation claims
Tax planning and HMRC reporting
Factors to consider in valuing business goodwill
Historic and projected financial performance
Brand and market reputation
Dependence on the owner
Quality of systems and processes
Customer relationships and repeat income
Management and staff stability
Supplier relationships
Tax valuation methodology
Tax valuations prepared with HMRC scrutiny in mind.
Where a valuation is required for tax purposes, it must be capable of being supported if questioned.
Our tax valuations are:
Prepared using recognised valuation approaches
Based on legislation, HMRC guidance, and case law
Fully reasoned and documented
Suitable for submission to HMRC