Protect Your Business from Risk with Company Credit Monitoring & Checking
Every client presents a potential financial risk to your business, and top-level information on the financial condition of prospects and customers is not enough to work with.
£4bn of bad debt is written off by UK companies every year, causing thousands to become insolvent. Avoiding financial risk should be a priority for all businesses to prevent insolvency, debt and reduce losses. Part of this is ensuring your teams have access to fast, accurate financial information in order to make crucial business decisions and take action where necessary.
Hubspot Integrations - Integrate our credit reports into your Hubspot CRM.
The UK’s Number 1 Insolvency, Risk & Fraud Database
Over 9,000 UK businesses trust in Red Flag Alert including…
Helping Your Business with Comprehensive, Real-Time Financial Information
Red Flag Alert help your business minimise risk by providing detailing financial health data on your clients. The RFA algorithm collates billions of financial data points to help ensure accurate predictions and provide real-time data on businesses across the UK.
Red Flag Alert are a leading UK supplier of credit scoring and decisioning systems, using internationally recognised analysis methods combined with our own algorithm designed by insolvency experts to produce real-time financial health scorecards for over 13 million UK businesses.
Our proprietary creditor services data source gives you valuable in-depth insights into company finances, giving you a clear picture of their financial help and assisting you in setting the right credit terms and take action where necessary to protect your business interests against financially unstable or corrupt organisations.
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.
Client Management Through Risk Control
Red Flag Alert helps businesses proactively protect their assets, providing real-time information on:
• New CCJ data
• Gazette - Unadvertised petition to wind up
• Gazette - Winding up order
• Gazette - Striking off application
• Business health rating change (via our unique health rating algorithm)
• Current directors and changes in key appointments
• Individual directors’ other business interests
• Business assets and turnover
• New mortgage data
Red Flag Alert provides all this data and more to create events to drive daily, weekly or monthly alerts direct to your inbox as an email or CSV.
Focus on prospects who will pay
Our financial health rating system is one of the most detailed on the market, providing an end-to-end financial health tool using 142 separate indicators of the financial health of a business. Our company search function allows you to search for companies using over 100+ filters including their financial health score.
Review company credit information and assess their viability as a client using our assessment tool. Check company financial information and determine their rating using our unique system.
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
Take action to protect your business by getting started with Red Flag Alert, today.
· Access to the platform and all our risk management tools
· Discover company search to assess risk of clients and prospects
· Make use of company credit monitoring and set up alerts
· Ongoing support for queries during the trial period
Latest B2B Sales & Marketing Articles
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How RFA’s Company Financial Risk Score Challenges the Status Quo
In this article, we’re going to look at why using old scoring methods is a problem and explain why Red Flag Alert’s credit ratings are more accurate than competitors.