The Arcadia Group, Carillion, P&O Ferries — insolvencies and financial problems can appear sudden and unexpected, but if you used Red Flag Alert’s insolvency risk solution, you would see that these companies were showing red flags months and even years before their downfall. Find out what they had in common in our how to spot a high-risk client mini-series.
Corporate insolvencies jumped 20% as inflation and higher interest rates eat into business profitability. Who will float and who will sink? The answer is not always as simple as good accounts and a decent payment history.
According to the Insolvency Service, the number of registered company insolvencies in January 2023 was 1,671:
See more in Monthly Insolvency Statistics, January 2023.
Over 5 emails you will learn how to spot a high-risk client even when typical metrics show the company to be in pristine financial standing.
Topics covering Sales and Marketing, Risk Management, Data, AML and Compliance, and more
