KYC - Do you really Know Your Customers?

The old adage that a duck might look calm and steady on the surface, but is really paddling like crazy underneath can also relate to the business world. Even though a customer may seem to be functioning as normal, they may be struggling internally –and often the last person to find out is you.

The Red Flag Alert platform allows you to monitor your customers to watch for any changes in how they operate and actively protect yourself from any changes in their circumstances. Placing a customer on monitor gives you the security and peace of mind knowing we will help you protect your business while you concentrate on the day-to-day running of your company. You will be alerted to any changes in the customers you are monitoring through our automatic daily email alert system – these can vary from petitions, a change in health rating, Companies House petitions, change in addresses or directors, and even the issuing of CCJs.

You are interested in a new customer, but you don’t know much about them – do you take a chance and offer them credit or supply them with goods and services? The smart decision would be to perform background checks on the company and the people in charge. Red Flag Alert provides company and director checks that give you a detailed history of the company and its directors, and it also shows you the history of individual directors and other companies they have been associated with. You can also use the platform to find out their financial status by checking their filed company accounts.

Our platform has the information to perform searches on over six million companies and their directors. You can also download the information as a fully comprehensive report with no hidden charges. Performing thorough due diligence in Red Flag Alert means you are best placed to protect your company by really Knowing Your Customers.