Obtaining a company credit information report
There are many online providers offering good quality company credit information reports. The reports are a useful tool and typically provide full customer details, financial results, county court judgements, registered lending details and a credit rating. However it is worth remembering:
- Only incorporated companies in the UK file statutory accounts at Companies House
- The financial information and analysis is based on historic data, typically the previous 12 months trading and does not reflect current trading, so should be used as a guide only
Whilst company credit reports are useful, often the most telling information is the presence of court judgements and pending legal action or even winding-up proceedings against the business which your customer has not disclosed.
Access Credit Management is delighted to be associated with Skyminder providers of commercial credit information in the UK and abroad. For further information contact us.
- Credit Management – A Guide to Risk Reduction
- Client credit risk assessment – Who do you think you are dealing with?
- Obtaining a company credit information report
- Obtaining a company bank reference
- Obtaining a company trade reference
- Customer credit risk assessments - How do you set a credit limit?
- How to get your trade terms right
- How to claim late payment fees
- Credit Management Summary - where to now?
