Manage risk

Spot financial risk before it derails your business

£4bn of bad debt is written off by UK businesses every year, causing thousands to become insolvent. We help you avoid this fate by providing detailed financial health data on your clients, so you can set the right credit terms and take action where necessary.

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Creditor Services Data - Our proprietary creditor services data source gives you valuable indepth insights into a company.

Algorithms designed by insolvency experts

Financial risk is more than just a credit report

Red Flag Alert is powered by an algorithm that evolved over decades to provide health ratings that are highly specific to each business. Billions of data points have been collected, and these vast datasets power our algorithm to make accurate predictions on business failures.

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How do we help you protect yourself against risk?

Detailed financial health ratings

We allocate every business a financial health rating that accurately predicts insolvency. Our clients use this to monitor their clients, set credit limits and ensure onboarding is smooth.

Unique expert insight

Our experts are always adding new data points, looking at every angle from accounting period changes to bad debt exposure; anything that gives us an insight into what’s really happening in a business.

Efficient onboarding

Make quick risk assessments in your onboarding process, avoid companies that don’t meet your criteria and set appropriate credit limits for those that do.

Real-time monitoring

Our data points are updated daily so you can monitor businesses and be alerted the moment any change happens to their financial health. This early warning system means you can proactively manage risk.

Unique financial scoring that predicts insolvency

Gold

A good history of filing compliance, with ideal levels of gearing, optimal liquidity, and favourable trends. Very low risk and open credit is recommended.

Gold Rating UK Snapshot

East of England

178

Northern Ireland

37

Wales

86

Scotland

149

Midlands

358

North East

45

North West

249

Yorkshire

168

South East

506

London

548

South West

214

Silver

Companies will be stable with healthy financials and a full history of filing compliance. Gearing and liquidity will be reasonable. Low risk and open credit is recommended.

Gold Rating UK Snapshot

East of England

127

Northern Ireland

21

Wales

57

Scotland

90

Midlands

244

North East

36

North West

162

Yorkshire

129

South East

303

London

464

South West

111

Bronze

Companies may be new with no detrimental information, or where financial data is available, it may not be ideal. Fair trade risk and open credit is recommended.

Bronze Rating UK Snapshot

East of England

554

Northern Ireland

126

Wales

275

Scotland

561

Midlands

1314

North East

174

North West

973

Yorkshire

494

South East

1414

London

3021

South West

538

Amber

Companies are newly incorporated or have only passed the lower threshold of the credit score algorithms, and display some financial, payment or filing characteristics that make them an elevated risk. Moderate risk and open credit is only recommended with caution.

Amber Rating UK Snapshot

East of England

622

Northern Ireland

120

Wales

276

Scotland

521

Midlands

1412

North East

186

North West

1101

Yorkshire

654

South East

1539

London

3837

South West

552

1 Red Flag

Companies are in the weakest 20% in their size category and display risk factors that might include a deteriorating financial position, sub-optimal gearing or liquidity, and the possible presence of recent or significant legal notices. The risk is elevated, and suppliers should seek suitable assurances or guarantees.

1 Red Flag Rating UK Snapshot

East of England

247

Northern Ireland

48

Wales

126

Scotland

183

Midlands

544

North East

79

North West

436

Yorkshire

221

South East

650

London

1512

South West

247

2 Red Flags

All the negative characteristics of a business with 1 red flag, plus additional significant risk factors, such as a county court judgement. Very high risk and guarantees advised.

2 Red Flags Rating UK Snapshot

East of England

16

Northern Ireland

5

Wales

8

Scotland

10

Midlands

36

North East

6

North West

28

Yorkshire

15

South East

43

London

53

South West

21

3 Red Flags

All the negative characteristics of a business with 2 red flags, but the situation is so dire that immediate insolvency is probable. 56% of companies with three red flags will cease to trade within seven days. Very high risk and guarantees advised.

3 Red Flags Rating UK Snapshot

East of England

3

Northern Ireland

Wales

3

Scotland

1

Midlands

14

North East

2

North West

11

Yorkshire

10

South East

10

London

17

South West

9

See why companies use Red Flag Alert to drive sales

"Red Flag Alert Helped us increase our sales conversion By 123%. In terms of set-up, the team at Red Flag Alert was excellent – they came in and worked closely with us to make sure our data was clean, and the integration was seamless"

Ben Robert Shaw
Power Solutions UK
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