Commission
Like-for-like restatement
A restated comparative for openings, closures, refits, and concessions so the estate total stops mixing a new retail-park unit with last year’s high street.
From £3,100 (quoted after a site-change list)
Like-for-like fails quietly. A unit trading through a three-month refit is still “open.” A concession that moved from the first floor to the basement is still “the same shop.” Boards then argue about weather when they are arguing about a building.
Utilitycraftline restates the comparative against a calendar you can defend. A shop is in or out by week, with the reason written once. We would rather leave a hole in a week than fill it with a neighbour’s trading.
This work is often the first engagement. Once the comparative is honest, the weekly dashboard becomes cheaper to keep honest.
Who it is for
Finance partners and ops directors after a year of openings, closures, or heavy refit work.
What you leave with
A written like-for-like set, a site inclusion calendar, and restated weekly files for the current year and the prior year.
Included
- Inclusion calendar by week for every site
- Treatment of concessions, pop-ups, and temporary closures
- Restated weekly estate totals for two years where files exist
Not included
- Property strategy advice
- Valuation of a lease
- Rebuilding missing historic till files from paper Z-readings unless you supply them
How the work runs
Change list
You list every opening, closing, refit start and finish, and concession move.
Rules
We propose inclusion rules; you sign them before any restatement runs.
Issue
Restated files and a short note of remaining gaps.
Time and place
Two to four weeks depending on how many shops changed shape.
Workbook plus a two-page definition note for the board pack appendix.
Next step
Send the list of shops that changed shape in the last twenty-four months.