Assessing your customers’ financial health is vital to ensuring the security of your business, but time constraints and a limited understanding of company accounts can make this challenging for the average business owner.

Most businesses target their products at several different customer subsets. Even a company as simple as a pizza restaurant will have a large variety of customers – people looking for a romantic meal, families and groups of friends eating before a night out.

I went for coffee recently with a friend who is in the police force. At one point we began talking about the innovative ways forces around the country are using data.

“It is a capital mistake to theorise before one has data.”
Sir Arthur Conan Doyle

• The number of businesses in ‘significant’ distress is now 484,000 – that’s 14% of all economically active UK businesses.
• Businesses in ‘critical’ financial distress increases by 17%.

There are now 484,000 UK businesses in significant financial distress, with the property sector particularly affected, giving rise to concerns that the UK could suffer a broader economic slowdown.  

After the most thrilling week in Champions League history, a week that swept so many fans around in the world into frenzy, I’m left with a question:

If Financial Markets Infrastructure (FMI) services are left open to risk, the consequences can have a devastating impact on people’s lives. 

Micro-entities are hard to evaluate – with limited information available, whether you are looking to assess financial health or determine lead quality, you’re often left with uncertainty.