| OverviewSuccessful credit risk management includes making reliable and informed business decisions that protect you and your company against bad debt and fraud. Assessing information about a company's credit status can help you to effectively target and acquire new customers, manage your supplier base, develop your customer base, maximise revenues and trade profitably.
At Company Wizard, we can offer you instant access to the most comprehensive financial data publicly available on over 5 million limited companies including potential customers and suppliers, competitors, other sectors/industries and new marketplaces. With live data sourced directly from Companies House and various credit reference agencies, this ensures our reports are accurate and reliable.
Other key features and benefits:
- Instantly downloadable reports, for immediate assessment
- Reports presented in pdf format, with a logical, clear layout that is easy to read and interpret
- Free access to limited information
- Anti-Money Laundering (AML) compliance
Company Credit ReportWith instant access to a range of up-to-date, accurate, historical and predictive information, our "Company Credit Report" provides all the key business and financial reporting information you need for effective and successful credit risk management, including a "live credit rating".
As standard, our Company Credit Report includes:
The following is a summary of the features and benefits contained within each section of the "Company Credit Report":
Executive SummaryA snapshot of the Company Information, Live Credit Rating, CCJs, Directorships and Financial Summary sections.
Company InformationStatutory background information on the target company including:
- Official Registered Office address and phone number, enabling quick and accurate identification of a company
- Trading address and phone number (where available), establishing the location for invoicing, deliveries or queries
- Website address (URL)
- Incorporation and accounting dates including the date of latest accounts and annual return, together with current company activity status
- TPS (Telephone Preference Service) registration, which is essential for direct marketing purposes
- Industry identification and Standard Industry Classification (SIC) code, which is useful for marketing and sourcing new business
- Mortgage summary
- Summary of share capital
Mortgage DetailsThis section contains the following information:
- Listing all mortgages and charges against the company including dates created, registered and satisfied, enabling you to assess the company's total indebtedness
- Details about each charge including person(s) entitled and amount secured
- Current status
Shareholder DetailsShare ownership breakdown identifying who is behind the company. This could be one individual, a number of individuals, other companies or even a combination of individuals and companies.
Profit & LossProvides a profit and loss statement taken from the latest 3 years accounts filed at Companies House. Please note that only companies with an annual turnover exceeding 6 million GBP will be required to file a Profit and Loss Statement.
Balance SheetA balance sheet taken from the last 3 years accounts filed at Companies House.
Capital & ReservesAn at a glance view of the called up share capital; P&L, sundry and revaluation reserves; shareholder funds and net worth for the last 3 years.
Ratios SectionKey figures and ratios, enabling quick assessment of trends, which may help you decide if the company is:
- Moving in the right direction - expanding or contracting?
- Liquid - do current assets outnumber short-term liabilities? This information enables quick assessment of the company's cash flow and ability to pay.
- Highly geared - are borrowings too high and company susceptible to fluctuations to economic conditions?
- Solvent - is the bottom balance sheet figure negative? This means that total liabilities are greater than total assets and the company is actually operating at that time from an insolvent position
All these factors could be vital if you are considering working with that company.
CCJ DetailsFull CCJ data including:
- Number of active CCJs
- Total value of CCJs
- Number of Writs
- Breakdown of all CCJs by date, court, amount, status and case number, allowing assessment of the company's ability and willingness to pay its suppliers
Live Credit RatingUses a simple traffic light system for the company credit rating, alongside the score and a recommended credit limit, enabling anyone to read and interpret the reports.
Miscellaneous InformationAdditional information including:
- Cashflow
- Contingent liability
- Capital employed
- Number of employees
- Name of Auditors and any Audit Qualifications
- Name of Bank and Branch Code (where available)
|
 |
|