Red Flag Alert adds value for professional service firms in many ways. We understand how important data is within the professional services industry, and our business intelligence database works for many different teams.
Red Flag Alert aggregates and enriches business intelligence on over five million UK businesses. This data provides detailed information on each business and the people running them. With 142 indicators of financial health our digital insolvency algorithm adds an unrivalled richness and detail to the data.
Looking for new clients using Red Flag Alert has many benefits:
We understand that professional services firms have high costs, and should businesses default on payment this carries considerable cost.
In large organisations we understand the importance of efficiency and speed.
Whether the project is a simple audit or a complex business outsourcing project, using market-leading business intelligence can give your team the edge to over deliver and win more business.
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The latest data from financial risk and business intelligence firm Red Flag Alert shows there are now 135,760 companies in London at serious risk of failure.
Economic disruption caused by COVID‐19 will see unpaid business debt double to more than £8.6bn this year. According to The Insolvency Service over 17,000* companies went out of business in 2019, with analysis by financial risk firm Red Flag Alert showing this meant £4.3bn of invoices were written‐off.
In September this year supercar enthusiasts from around the world gathered at a quiet former monastery in Switzerland for a unique opportunity. Twenty-five supercars, including Ferraris, Maseratis and Lamborghinis were all up for auction – but what made this unusual was that they were all from a single collection.
There are 124,000 businesses across Greater London in significant financial distress, with almost all sectors being affected. Red Flag Alert data for Q3 2019 found that significant financial distress is increasingly prevalent throughout the capital, with 21 out of 22 sectors experiencing an increase.