Credit Checks

Checking a potential client's credit rating is recommended to judge the financial status and trustworthiness of a company before signing a contract and entering a working relationship with them.

Our provider, Graydon ranks as one of the leading European business information providers specialising in credit information and credit information solutions. Through your Chamber membership your business can get significant discounted rates.

This service can provide you with credit risk management solutions and credit information of the highest quality. It can help you make well-informed business decisions. It will supply you with critical information on the businesses and clients you are working with. Also, it helps you keep your own database up to date. Prices depend on how in depth you want your search to be. The four tier system is:

Short form risk analysis report (level 1)
Highlighting whether the subject is high or low risk, plus details of registered office, registered number, date of incorporation, date of accounts.

Short form credit rating report (level 2)
This option provides the predictive Graydon credit rating, monthly credit guide, turnover and other key data.

Comprehensive credit rating report (level 3)
This includes: full legal information, shareholders, directors and their addresses and multiple directorships, County Court Judgments, four  years of profit and loss and balance sheet data, key ratios, industry comparisons, and the predictive Graydon credit rating. It also provides an Xseption Summary, which is an online information tool designed to flag any UK business where unusual patterns of corporate activity or business behaviour have been identified by Graydon.

Fresh investigation credit rating report (level 4)
A freshly investigated credit rating report, similar to the comprehensive credit rating report (level 3), but also incorporating an interview with the subject company. Including a Graydon rating.

International reports
You can also access credit reports on millions of companies world-wide. Reports on more than 60 million companies spanning more than 130 countries are available. If required, you can request a fresh investigation report to be prepared based on your specifications and the desired speed of service

For more information

For more advice on any of these areas call your account manager on 0113 247 00 00 or 01904 567 838.

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