Commercial Office Furniture Project Specialists In London
  • Interion Homepage Slider 7

    The trusted furniture experts

    We specify, procure and install interior projects, on time, on budget

  • 8

    The trusted furniture experts

    We specify, procure and install interior projects, on time, on budget

  • Interion Homepage Slider 4

    The trusted furniture experts

    We specify, procure and install interior projects, on time, on budget

  • 1

    The trusted furniture experts

    We specify, procure and install interior projects, on time, on budget

  • 3

    The trusted furniture experts

    We specify, procure and install interior projects, on time, on budget

  • Interion Homepage Slider 5

    The trusted furniture experts

    We specify, procure and install interior projects, on time, on budget

  • 2

    The trusted furniture experts

    We specify, procure and install interior projects, on time, on budget

The office will never be the same again... let’s get back to work!

We are experts in workplace design and implementation; your one-stop resource for creating an office that works post-Coronavirus. It’s our knowledge that differentiates us; we can help you to create space that supports your people, your mission and your budget.

What our customers say

  • “Interion were the perfect partner to furnish our new London office. From the outset they were focused entirely on our needs as a client and put us at the centre of everything. Both Dave and Steve provided an exceptional level of knowledge, support and enthusiasm. Steve in particular was endlessly flexible and patient during a very challenging installation and the end result is simply fantastic. I wouldn’t hesitate to work with them again.”

    Nick Baker, Project Leader, Skanska

  • “This is the most recent of many projects undertaken for us by Interion, and possibly the most demanding! What I love about Interion is that I can trust them - absolutely. The quality of their Account Managers makes the process of specification, budgeting, delivery and installation a breeze; I only have to pick up the phone to one person and it’s dealt with, whatever stage the project is at. All the things they do (including dealing with problems) are delivered with humour and good grace –which makes a real difference to getting the job done.”

    Michelle Weiss, Head of Property & FM, Just Eat

  • “David and his team provided an exemplary service to the LME from the early product selection and value-engineering stages through to the delivery, installation and snagging of our new furniture. To deliver this major project in challenging circumstances is a testament to the values and integrity of Interion as a business. We are delighted with the end result, and Interion remains a trusted long-term partner to the London Metal Exchange.”.

    Stuart Sloan, Chief Operating Officer, London Metal Exchange

  • “We had a fantastic relationship with you; the level of your support and attention to detail was second to none. Steve was on the ball and engaged without delay on all questions asked and requests made. On the final installation, both Steve’s and David’s level of detail was superb and worked clearly as part of our team. Thank you!”

    John Nolan, Facilities Manager, Aspect Software

  • “Great people to work with to bring to life the culture and passion that is our firm. The furniture solutions provided have worked really well and the team really got to understand what would and would not work for us and our people. The management around the project was great and they coped with changing timelines and schedules without any fuss. The team’s knowledge and insight was great and attention to detail fantastic… it has been a great experience (and fun) working with you all!”

    Mark Len, Principal, North Highland

  • “When we were introduced to Interion, they got us up to date very quickly. They made us feel very comfortable to ask questions and solved any issues we may have raised. They are friendly, approachable and of course very professional; Interion has been very understanding and accommodating to the unusual set up they have had to deal with. We will continue to use them for future projects.”

    Sharon Ampaw, Project Leader, Greystar

[Intelligence] - Our Knowledge Centre

Have your new office – keep your cash

Have your new office – keep your cash

Astute Financial Managers have a saying: ‘Buy what appreciates, lease what depreciates’.

They recognise the financial benefits that accrue from readily-available working capital; a return of circa 15% on available working capital delivers much more value than spending the cash on fixed assets.

With businesses under increasing pressure to deliver working environments that will attract and retain the best people - their most productive working asset – finance leasing can allow them to have the office they need now, spreading the cost over 3-5 years.

Interion’s leasing partner Bluestone Leasing can typically deliver an illustration in 24 hours and has an acceptance rate over 90%. Potentially they can cover the cost of fitting-out as well as furniture, allowing you to take advantage of the current super-deduction regime, whereby you can claim 130% capital allowances against taxable profit.

There has never been a better time to invest in your people and your future – This email address is being protected from spambots. You need JavaScript enabled to view it. to find out how much you can spend and receive a detailed illustration.

Reasons to lease:

  • Tax Savings: Many private organisations stand to benefit from significant tax benefits as finance lease payments are 100% tax deductible unlike typically using cash.

  • Enables Budgets: Budget holders get to make investment decisions based upon their needs and stakeholder returns, and are not compromised by limitations on available capital budgets.

  • Low, Fixed Costs: Small, regular payments that don’t change, regardless of any changes to interest rates, allows easy budgeting throughout the term.

  • Make Capital Work: Don’t sink valuable cash into depreciating assets, deploy it elsewhere for higher returns.

  • Spread Risk: Spread VAT: the cost of the VAT is paid in instalments rather than as a lump sum up-front (excluding Hire/Lease Purchase agreements).

  • Turnkey Solution: Customers can build all their costs into the agreement (not just the assets) to maximise their benefits even further and help towards their dream bespoke project.
Illustration – 5-year term

Illustration – 5-year term

More details – Why use Asset Finance?

This might be the question you ask yourself if you’ve never used any form of asset finance before or, perhaps, if you are examining your options prior to making a new investment.

The motivations vary depending on a host of factors including, but not limited to, the type of organisation you are, your financial position, your available capital (and broader demands on it) and your future plans.

These are the main drivers:

1. Tax

Probably one of the most misunderstood reasons but certainly one of the most popular. In essence, during the term of a finance lease, technically, the lender owns the asset. It is this feature of a finance lease that allows all of the repayments (both the capital and the interest) to be treated as fully (100%) tax deductible.

Equivalent cash purchases typically only deliver partial tax relief through the system of capital allowances and, where they qualify, enhanced capital allowances (ECA). This can be a game changer for profitable, private companies subject to corporation tax or income tax as in the case of partnerships and sole traders.

The equation has become somewhat more nuanced over recent years after the introduction of the Annual Investment Allowance (AIA) in 2008 which, subject to certain caveats, does provide businesses with the equivalent of 100% tax relief on qualifying investments up to a set threshold each year, even when using capital.

That said, as many costs in a project simply don’t qualify for AIA and/or the business has used up its allowance for the year elsewhere, finance remains a great way to maximise tax efficiency for many companies.

2. Budgets

Whatever the size or shape of your organisation and project, undoubtedly when you do look to invest, you will be forced to consider available budget. Budgets are there for a reason of course and living within your means is as powerful a philosophy in business as it is in life. That said, budgets can be artificially restrictive and potentially quite damaging to the aspirations of any organisation.

Traditionally there are only three solutions when what you want to achieve doesn’t quitematch your available budget.

(i) Lower your aim

Trim down your requirements to match your available capital. The result can often meancompromising on the scope, quality and, ultimately, the outcome of your project.

(ii) Deliver it piecemeal

Do what you can now and wait until your next budget or when you have more budget available to do the rest.

(iii) Scrap it

Don’t go ahead at all. For some projects this is the only way forward as they can’t bemassaged to fit into a smaller pot.

Using finance allows you to spread your costs over the useful life of the assets you are investing in. The demands on budget fall away (for many this turns a capital expense into an operating one) and with low, fixed payments you can deliver the project you want, without compromise, and one that maximises the benefits for all your stakeholders.

3. Spreading Costs

It is a sad fact that the assets you are buying will depreciate from day one. What’s more, in most cases, they will only return value over time too.

When you consider that using capital sees you paying upfront and in full, it is not surprising that many businesses are switching on to the idea of spreading their costs in line with the return on investment over time.

Over recent years, the concept of treating your fit out and furniture “as a service” has become much more popular. This is essentially what a finance agreement gives you - the ability to spread your costs over time as you ‘use’ the assets.

4. Strategic Choice

This ability to spread costs over time offers several strategic and asset lifecycle benefits above and beyond using capital. Often in business we ‘sweat’ an asset for as long as we can – eking every last drop of value out of it until, usually, it either fails or becomes too costly.

We are then faced with having to spend a significant amount (often that we have not budgeted for) typically in a hurry so that our business is not affected.

Asset finance takes the pain of that experience away and ensures that your organisation always has the latest technology, equipment, infrastructure or environment to give you an edge in your market.

For a fixed, low amount each month you never have to face large spikes in demands on cash flow again or face the prospect of limping along with creaky old equipment or a tired old office space. Once the agreement comes to an end, you simply enter into a new agreement for brand new assets and the cycle repeats itself.

5. Opportunity Cost

Sinking capital into assets that depreciate from day one and only return value over time is very much questionable when it comes to determining the best use for your cash. The cash deployed is locked away and unavailable for other uses. A good proportion of asset finance users are large, profitable and cash-rich organisations.

Unlike those that need finance because they don’t have the available capital, these businesses have strong financials and attract the best rates and commercial terms. Furthermore, they recognise that they can make their cash reserves work harder for them by deploying their capital where it will make greater returns.

Their finance teams understand the importance of Return on Capital Employed (ROCE) and so freeing up capital to be put to work generating greater profitability can be highly beneficial for them.

6. VAT

The impact of VAT, particularly for larger interior projects, can be a serious consideration with regards to cashflow. Although most will be able to reclaim the VAT, depending on the timing of the project, businesses may face up to three months exposure until they complete their next VAT return. The situation is even more acute for organisations such as charities, which are unable to reclaim VAT at all.

Most forms of leasing (excluding Hire Purchase) allow the VAT to be spread throughout the entire term of the agreement with the VAT due only on the amount of each repayment. This helps cashflow for all but is particularly powerful for those who cannot reclaim VAT, softening the impact for any large project they are considering.

Read more

New Year, New Office

The New Year is traditionally a time when we think about resolutions and change. After a long period of disruption, it’s clear that the world of work is changing, and our offices need to adapt to ‘blended’ work patterns.

Most experts and businesses agree that there is huge value in people working together, even if it’s for two or three days a week.

Our offices will become places of collaboration rather than routine activity, but also act as the ‘home’ of the culture, the ‘face’ of the business and the ‘place’ of business with customers and suppliers. Our adapted post-COVID motto is ‘Home. Face. Place’

The experts also agree that there will be a period of adaptation and experimentation, as occupiers work out what works best for their people.

While there is a temptation to ‘wait and see’, there’s a hidden cost in failing to begin that process; in a highly competitive labour market, the working environment has a crucial role in attracting and retaining talent.

The good news is that this doesn’t have to happen all at once, nor does it have to create major cost or disruption. New innovations in office furniture provide great scope to create collaborative space and see what works. If things need changing later, the modular nature of loose furniture items allow them to be reconfigured and adapted without significant additional expenditure.

Whether ‘open’ or ‘enclosed’, furniture can create comfortable collaborative spaces from 2 to 20 people, and any expenditure is fully tax-deductible, without the capital allowance restrictions that apply to a traditional fit-out.

The cost of purchase can usually be spread over 3-5 years with a lease/purchase contract, so there’s no reason not to have the office you need today.

CHAS certificate

As experts in this field, we can help you plan for change and success, in the comfort that our CHAS Elite compliance standard demonstrates that our policies, procedures, ethics and financial standing are among ‘best of class’ in the UK.

This email address is being protected from spambots. You need JavaScript enabled to view it. for a free consultation; our expert Account Mangers are ready to guide you into the future of work.


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Interion 15 Clerkenwell Close London EC1R 0AA

info@interion.co.uk

+44(0)20 3815 9400