Tees Business Issue 32 | Page 67

Auctioneer Lotsurf . com makes buying and selling industrial equipment easy
INDUSTRY

Under the online hammer

Auctioneer Lotsurf . com makes buying and selling industrial equipment easy
Value – Lotsurf ’ s online auctions enable clients to bid for high-quality secondhand items at affordable prices .
WORDS : PHILIP TALLENTIRE

Lotsurf . com is one of Europe ’ s leading industrial online auctioneers , specialising in the inspection , valuation and sale of industrial equipment .

Auctions are held on a regular basis and it only takes a matter of minutes to create an account , enabling clients to bid for highquality secondhand items at affordable prices . What ’ s more , payment transactions are secure , so successful bidders have additional peace of mind .
Lotsurf . com deals with a wide range of industrial fittings , fixtures and machines , as chief executive officer Barney Ord points out .
“ In short , our company covers the specification and sale of the complete range of factory equipment ,” he says .
“ We offer a full service , including cleaning the equipment for sale and specifying and photographing each item . We also prepare a video presentation and organise the online auction sale .
“ Of course , the beauty of the online auction sale is that all the prices are transparent and become a matter of public record .”
In addition to machines , Lotsurf . com also deals with all of the ancillary and tooling equipment that accompanies them .
They can range from small lathes used in model-making right up to the largest vertical boring machines , with tables in some machines exceeding 10m in diameter .
“ It is important to understand that when disposing of machine tools and ancillary equipment by auction , it is done in the correct style and manner ,” explains Barney .
“ Some machines have ancillary equipment and tooling that is specialised
Comprehensive – Lotsurf ’ s service includes cleaning equipment for sale , photographing each item and preparing a video presentation .
and must be sold with that specific machine .
“ In other instances , a machine is sold as a basic piece of equipment and the tooling and accessories are sold separately and may even have a bigger value financially than the machine itself .
“ Additionally , we specialise in the specification , valuation and sale of lifting equipment of all types , such as overhead travelling cranes , including those dedicated to a particular building .
“ We also value and sell mobile lifting equipment , including Versalifts , forklifts and carton lifters .”
Modern factories are equipped with air compressors and air receivers and , in industries that require extremely high air pressures , piston-type compressors have to be used .
Lotsurf . com is experienced in the specification and valuation of those compressors , as well as the specification and selling of ancillary equipment used with the compressors , including air-driven tools for drilling , chipping , grinding and sanding .
To discuss a sale or to make an enquiry , call Barney Ord on 01642 221100 or email info @ fairfieldindustries . co . uk .
The company ’ s roots were established on Teesside more than 150 years ago . In fact , Lotsurf . com is the online trading style of Fairfield Industries – in turn , a whollyowned subsidiary of John Livingston and Sons , which was established in Middlesbrough in 1853 , almost a decade before the rapidly expanding town was branded an Infant Hercules by William Gladstone .
“ We have traded continuously , serving industry , initially in the north of England but now throughout the world ,” says Barney , who is keen to highlight the options potential clients can choose from .
“ Customers can contact us to discuss how we can best be of assistance ,” he explains . “ We can describe the process and the timescale involved in a disposal and what they would be required to do , which tends to be very little .
“ We can arrange a visit to view a client ’ s premises or factory where we can inspect the plant and equipment they wish to dispose of .
“ We will be able to give an outline of our expectations regarding a minimum value we would expect to attain for the equipment and a maximum expectation of what might be achieved , given adequate time to market and advertise the equipment .
“ That timeframe is important as , obviously , the more marketing and advertising time we are allowed , the better the outcome .”
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