Home Services
Asset Governance in Home Services
Home services businesses — including plumbers, electricians, heating engineers, cleaning companies, and property maintenance firms — rely on tools, vehicles, and specialist equipment to deliver their services. Asset governance is essential for managing vehicle fleets, ensuring tools are serviced and calibrated, controlling theft risk, and maintaining accurate insurance cover. As teams grow, tracking who has what becomes a significant operational challenge.
Example Assets
| Asset | Approx. Value | Ownership | Location | Insurance Consideration |
|---|---|---|---|---|
| Vans & Commercial Vehicles | £15,000–£50,000 | Operations Manager / Individual Engineers | With field operatives | Fleet policy – additions and disposals often lag the register |
| Specialist Tools & Power Equipment | £200–£5,000 per item | Individual technicians | In vans, on jobs, at depot | Tools-in-transit cover – rarely itemised at individual level |
| Diagnostic & Testing Equipment | £500–£10,000 | Engineer / Company | Vans and workshop | Business equipment cover – calibration records often separate |
| Ladders & Access Equipment | £200–£2,000 | Field Teams | In vehicles | Included in equipment cover – testing and inspection records rarely linked |
| Uniforms, PPE & Branded Equipment | £100–£500 per operative | HR / Operations | With individuals | Typically excluded – but useful for audit and replacement planning |
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