The Client:
Horton Commercials Ltd is a group of family-run auto-body shops providing new-builds, repairs and vehicle refurbishments to commercial clients across the south of England.
The business utilises a significant amount of land including warehouse, workshop and vehicle storage space in order to fulfil orders for its network of loyal customers.
The Case:
Neither Horton Commercials nor the local authority had noticed an error in the Business Rates which had been applied to the company’s significant property portfolio.
The opportunity to recover significant amounts in overpaid rates was time-sensitive.
The Solution:
The highly trained auditors at Goodman Nash identified the mistake in billing using their in-depth knowledge of valuation and rating matters.
Goodman Nash made it a point of urgency to evaluate the extent of the billing error, assess any financial restrictions involved in recovering those overpayments and compile a case to present to the councils.
All the while our client was a part of the discussion, kept in the loop at every stage.
The Outcome:
Goodman Nash’s diligence and thorough understanding of the rating system meant that the billing error was corrected swiftly.
Across all of their properties, Horton Commercials were able to recoup significant sums, amounting to a refund of over £300,000.
This translated to a total saving of over £370,000 when taking into account future rates bills.