Able Breads
ABR Foods
Aircelle (SAFRAN Group)
Airflow Streamlines Ltd.
Alcan
Alcoa
Alcoa CSI UK Ltd.
Allied Bakeries 8 UK Sites
Apollo Fire Detectors
Artex Blue Hawk Ltd.
Artex Rawplug
Askeys Ltd.
Associated Creameries
B&Q Plc.
B&W Loudspeakers
Baker Group of Companies
Baxenden Chemicals Ltd.
BCA
Bendicks (Mayfair)
Bottle Green Drinks Co.
Braces Bakery
Bredero Shaw
Bristol Airport
Bristol Bending Services
British American Tobacco
Bryan Donkin Ltd.
Buckingham Foods
Burlington Slate
Calsonic Climate Control Ltd.
Cereform Ltd.
Charnwood Foods
Chevron Texaco - East Midlands Airport
Cisco Systems Int BV.
Cisco Systems UK, Europe & Middle East
Classic Courverture
Coates Electrographics
Coates Electrographics USA
College Gwent
Couldron Foods
Coutts Packaging
DAC Plant
Dairy Crest Haverfordwest
Dalgety Arable
Dartington Foods Plc
Dorset Chilled Foods
Dove Valley Ltd.
Dowty Engineered Seals
Ducal Ltd.
Eaton Aerospace
Eaton Hydraulics
Economatics (Industrial) Ltd.
Edinburgh City Council
Edrington Group 5 UK Sites
Element Six Production Ltd.
Elizabeth Shaw Ltd.
Encase Holding Ltd.
Encase Northern
Environmental Agency
Eternit
Euramax
Euro / DPC
Evode Ltd.
Exitech Ltd.
ExxonMobil 59 US & 9 UK Sites
Fenmarc Produce Ltd.
FFP Packaging Ltd.
Field Packaging Ltd.
Fortnum & Mason
Frank Wright Ltd.
Fusion Provida
Games Workshop
Gatwick Airport - Shell Aviation
GEO Adams & Co
GKN Driveshafts
GKN Hardy Spicer
Glanbia Foods Ltd. 3 UK Sites
GPS UK Ltd.
Grace Construction Products Ltd.
Greene King Brewing & Retailing
Greenway Lubricants Ltd.
Gulf News - Dubai
Hammonds Furniture Ltd.
Hazlewood Chilled Meals
Hazlewood Food Enterprises
Heathrow Airport - H.H.Op. Co.
Heraeus Electro-Nite
Hygrade Foods 2 UK Sites
Iceland Frozen Foods Plc
ID Data Systems Ltd.
Impact Control Systems Ltd.
J&A International
Johnson Controls
Kalmar
Kerry Aptunion
Kerry Foods
Kerry Ingredients
Kerrygold Company Ltd.
La Fornaia
Lafarge Lime
Lanstar Ltd.
Lawson Mardon Packaging
Lawson Mardon Star
Leicester Fire & Rescue Service
LG Philips
Linpac Storage Systems
Linread Automotive Plc.
Lion Foods Ltd.
Manor Bakeries Ltd.
Matthew Clark Brands 2 UK Sites
McCormick Group 2 UK Sites
Microvue Ltd.
Midland Meat Packers
Mixalloy Ltd.
Moss Plastic Parts Ltd.
Mowlem Technical Services
New Covent Garden Soup Co.
New Milton Sand & Ballast
Nicol
Northern Foods
Norwich Corrugated Board Ltd 2 UK Sites
Novartis Consumer Health
On-Site Central Ltd.
Paarman Foods - South Africa
Pann Krisp
Parrs Confectionery
Paula Rosa Kitchens
Peartree Foods
Permabond
Permadoor
Peters Food Service
Plastic Omnium Automotive Ltd.
Plastics Manchester Ltd.
Polycast Ltd.
Poly-Flex Circuits Ltd.
Polyframe Trade
Poole Harbour Commissioners
Pork Farms Bowyers Ltd.
Pritex Ltd.
PVI Ltd.
Raven Manufacturing Ltd.
Regent GM Laboratories
Reichold UK Ltd.
REW Acton Ltd.
Reylon Ltd.
Richard Burbage Ltd.
Ricon Ltd.
RMH - Avana Bakeries
Roltech ASD.
Royal Doulton (UK) Ltd.
Royal Mail Group
S.A.T.O. (Greece)
S.H. Agricultural Engineers
SCA Packaging Ltd.
Scottish Power
Sekisui (UK) Ltd.
Shanks Chemical Services
Sheffield Care Trust
SIFE Unigate France
Sigma Aerospace Ltd.
Sola Optical (UK) Ltd.
Solo Europe
St. Ivel Ltd.
Stansted Airport - Stansted Fuelling Co.
Stansted Airport - Stansted Into Plane Ltd.
Stanton Plc.
Steetley Dolomite
Still Material Handling Ltd.
T&B Group UK and Europe
Tarmac Topblock Ltd. 2 Sites
Telford Extrusions Ltd.
Telford Foods Ltd.
The Northcliffe Newspaper Group 11 Sites
The Royal Free Hospital
The Royal Mail
Thompson Plastics Group
Toms Confectionery Ltd. 2 UK Sites
Tornado Pty
Trans World International
TRW Lucas Varity
Tuberex Ltd.
Tucker Fasteners
Tulip UK Ltd. (5 Sites)
Tyco
UK AEA Jet Facility
Unigate Dairies Ltd.
Unigate EFG Plc UK and Europe
United Utilities Industrial
UYT
Vibro Meter
Vickers Industrial Products
Vickers Systems
Viking UK Gas
Viridor Waste Management (60 Sites)
Visqueen Building Products
VP Automation
W.A. Turner
Watlow Ltd.
WBB Minerals
Whitworth Bros.
Wincanton Logistics
Winkhaus (UK) Ltd.
Woodbridge Foam 3 European Sites
Xyratex
Yoplait Dairy Crest

Case Study for Asset Register Reconciliation

Where a financially based asset register exists for a given company it is usually derived from Capital Expenditure. Due to a general lack of understanding of engineering issues within a financial function this usually results in a confused, unwieldy and inaccurate valuation of a company's assets. This is not to say that the overall valuation of the company's assets is incorrect, but that the individual valuation and identification of assets may not be accurate. Examples of this are as follows:

Individual assets may have several or many entries onto a register due to staged payments or a separate purchase of recommended spares
Large amounts of labour such as installations, upgrades and training carried out by contractors are incorrectly identified
Items such as roofing, road resurfacing and machine modifications can be listed as assets
Assets transferred within larger multi-site organisations can be missed off of a register altogether

Such entries are difficult to reconcile with actual physical assets and therefore with an engineering based maintenance asset register.

Case Study - Oil Based Spreads Plant - Merseyside

Situation Prior to Implementation

The Fixed Asset Register contained 888 entries with a purchase price of around c£18.7 million and a Net Book Value (NBV) of around c£9.5 million
180 items were actually reconciled with a physically taggable asset. The purchase value of these items was around c£2.5 million and the Net Book Value around c£800,000
There were 638 items that could not be reconciled. These had a purchase price of c£16 million and an NBV of about c£8.3 million. The items were irreconcilable and untaggable for a variety of reasons:
Entry did not give sufficient information to identify particular asset concerned
Entry referred to more than one individual asset
Entry referred to money spent on physical work or services rendered, rather than on the actual purchase of a particular asset
There were several entries relating to a particular asset
There were 70 items that were completely unidentifiable. These had a purchase price of about c£250,000 and an NBV of c£150,000. The items were unidentifiable due to several reasons:
They do not exist or are not in use within the factory
The actual entry text is so vague as to preclude identification
The entry has no area code associated with it
The item can be identified, but cannot be physically tagged
Generally, the chaotic nature of entries in the asset register meant that only a handful of fixed assets could be identified from it and given a physical tag

Action Taken

In order to identify, value and physically tag all of the assets within the factory, each asset was identified and recorded
All assets were physically tagged
All non-assignable values rolled into relevant "physical" assets, accounting for value
Where register entry was ambiguous, listing was split into relevant identified assets
Where register entry could not be identified they were removed from register
An accurate Fixed Asset Inventory Report was produced
Each asset was physically tagged to ensure identification
System developed and implemented to ensure future adherence (both financial and engineering) to revised asset valuation process

Results

New register has 655 entries with a purchase price of c£16.5 million and a NBV of c£8.8 million
This is a reduction of 238 entries from the register and a reduction of c£700,000 on the fixed asset register value (NBV)
New asset register is now easy to read and use with each entry directly relating to a major asset
All tagging numbers for identified major assets have now been entered onto maintenance asset register so that there is a direct correlation between accounting and engineering asset identification
Latest new assets with associated costs (such as installation labour and purchased spares) being correctly added to register

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Quotes

"After applying Strategic Maintenance Planning Ltd's maintenance spares methodology and the installation of the HolisTech™ CMMS our stock value dropped by at least c£200,000 in the first 18 months of operation with no reported stock-outs".

Richard Welch Maintenance Project Manager - Harmsworth Printing

"Thanks, our ISO 9001 audit has just finished and it went very well, we've achieved accreditation. The assessor was very impressed with the systems we have in place, especially HolisTech™. Many thanks for all your help and assistance in getting the CMMS to a usable state for us in such a short time, it really helped".

Mark Needham Service Manager - AMS Ltd C/O Cadbury Trebor Bassett

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