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Plant and assets

What you own, where it is,
and what it is costing.

Plant and stock cost money in the same quiet ways: kit nobody can find, materials bought twice, a delivery never checked against the order, hire nobody stopped, and an examination date nobody was watching.

6 articles

Plant and assets, in one place.

Plant and stock are the parts of a construction business where the losses are invisible. Nothing fails loudly. A machine sits on a finished site, a hire runs for six weeks after the work stopped, a sling stays in a van two months past its examination date, and a pallet of insulation is bought for a job that already had one in the unit. Each one is small and none of them announces itself.

These 6 articles cover the registers that stop it: what you own, what you are hiring, what is on a statutory clock, what is on the shelf, and what arrived at the door against what was ordered.

Electrician in a hard hat and hi-vis with a tablet at an open switchgear panelPlant and assets··7 min readPAT testing site power tools: how often, and what to recordNo regulation sets a date for testing a site drill. HSE guidance gives starting intervals by voltage and risk, and a register with last and next due dates keeps every tool on them.Read it →Copper tube racked behind a merchant trade counter, with consumables shelved along itPlant and assets··7 min readGoods received notes, and why stock should arrive on an orderA delivery note proves a van turned up, not what was ordered, what was on the pallet, or what the supplier is about to charge. The goods received note is where those three are made to agree.Read it →Colour-coded picking bins of plumbing fittings behind a trade counterPlant and assets··7 min readStock control for a contractor: the unit, the vans and the jobsMerchants count stock because stock is the business. Contractors rarely do, and pay in materials bought twice, fittings that never reached a job, and a year-end figure nobody believes.Read it →Lifting chains, shackles and plate clamps hung on a rack in a workshopPlant and assets··6 min readLOLER, and the clock on every lifting accessorySix months for anything that lifts people, twelve for everything else, and a report that has to exist before the next lift. What thorough examination means, and what it is not.Read it →Four tracked excavators lined up in a plant yardPlant and assets··5 min readKnowing what plant you own and where it isThe losses are quiet: kit that walks between sites, kit hired because nobody could find the one you have, and kit written off that is still in a container.Read it →Three tracked excavators standing idle on a site beside a storage containerPlant and assets··4 min readOff-hire, and the charges that keep runningHire runs until the item is off-hired, not until you finish with it. A preventable loss that every contractor recognises and almost nobody has a process for.Read it →

Other subjects

Site servicesThe three services a site cannot open without, what each one costs to put in, and the compliance estate that sits behind them once it is running.3 articlesGetting paidTen articles on what the Housing Grants, Construction and Regeneration Act 1996 gives a subcontractor: a right to be paid on a fixed timetable, and remedies for when that timetable is missed.10 articlesCommercialEleven articles on the commercial side of a contracting business: what belongs in a price, what routinely gets left out of one, and where the margin goes between winning a job and closing the final account.11 articlesHealth and safety15 articles on what the Construction (Design and Management) Regulations 2015 and RIDDOR require, who holds each duty, and what an inspector asks to see first.15 articlesTax and CISSeven articles on the two tax regimes that touch almost every construction payment made in the UK, and the deadlines that carry an automatic penalty when they slip.7 articlesChoosing softwareTwelve articles written for the person who has to make the decision rather than the person selling into it, including what the money goes on, what the support arrangement is really worth, and where the systems you already run reach their limit.12 articlesWinning workThree articles on the paperwork that decides whether you are allowed to price a job at all, which is a different problem from pricing it well.3 articlesReducing riskSeven articles on spotting a main contractor in difficulty early enough to act on it, and on what can still be recovered once it is too late to.7 articlesSubcontractorsFinding them, checking them, and paying them without an argument about what the invoice should have said.3 articlesPlant and assetsPlant and stock cost money in the same quiet ways: kit nobody can find, materials bought twice, a delivery never checked against the order, hire nobody stopped, and an examination date nobody was watching.6 articles
Next step

One register, and the dates on it.

An asset register that carries location, make, model and serial number answers the question of what you own. A stock ledger with a quantity per bin answers what is on the shelf, and goods received against the order answers what arrived. Attaching examination and inspection dates to the same record answers the more expensive question of what is due, and the nightly job that reads expiry dates puts it in front of somebody inside a thirty day window rather than after it has passed.

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