Red Flag Alert was developed by Begbies Traynor in 2003 to help grow its business and become the UK’s leader in corporate rescue and recovery. The Red Flag Alert system allowed for large datasets to be aggregated and, provided insights into over 5 million businesses in the UK allowing its business operations to grow rapidly. It was able to:
data changes every month – the UK’s freshest B2B database
New businesses added to our database every month
Different advanced search metrics to help you find and target the perfect customer record
After the success of Red Flag Alert at Begbies Traynor the product was commercialised for use in other businesses. Close Brothers and Bibby Financial Services were two of the first users and now it is helping over 9,000 businesses grow.
Our data is updated daily meaning you are working with the most accurate information out there. We cover many different areas: contact information, director information, industry and sector updates, geographical operations, size and 142 different indicators of financial health, such as:
This means you have the best information available to build sales lists and start making contact with prospects. It’s also a big time saver: the ability to drill down into the very best leads means you can find the best prospects and also avoid the bad ones!
Red Flag Alert will help give your team the information they need to drive sales.
Enter the name of the company you wish to check and let our system generate results instantly.
Red Flag Alert has been a wonderful asset to our business. We have a large sales team and a huge database of customers and prospects. Red Flag Alert helps us manage this huge amount of data which is invaluable for making sure our efforts are focused in the right direction.Simon Carter, Sales Director at Investec
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.