Free Business Credit Report

Check your Company Credit Score FREE Today.

Know your Customers – Obtain valuable insights into the companies you work with.

Our Business Credit Reports are beneficial in managing these risks in many ways:

Find out how much recommended credit you should be offering to a company.
Investigate potential customers.
Explore a company’s payment patterns and history and their ability to pay in the future.
Collates all the information in one credit check report.
Monitor your existing business customers and suppliers for any changes.
Find out who the company decision-makers are.

UK & Ireland Company Credit Reports

Buy a one-off Business credit report from £15 + VAT per report or choose from one of our packages below –

Bronze – 10 Commercial Credit Reports – £120 + VAT

Debt Collection (No-win, No-fee).
5 Debt Recovery Letters (Letter Before Action).

Silver – 50 Commercial Credit Reports – £450 + VAT

Debt Collection (No-win, No-fee).
10 Debt Recovery Letters (Letter Before Action).

Gold – 100 Commercial Credit Reports – £850 + VAT

Debt Collection (No-win, No-fee).
15 Debt Recovery Letters (Letter Before Action).

Platinum – 500 Commercial Credit Reports – £3,750 + VAT

Debt Collection (No-win, No-fee).
30 Debt Recovery Letters (Letter Before Action).

Each package comes with No-win, No-fee Debt Collection included through our Partner Corporate Debt Recovery, who are an Award-Winning Debt Collection Agency, rated Excellent on Trustpilot.

What’s Included:

Company Risk Score – The comprehensive assessment encompasses various sub-scores, including financial performance, growth potential, transparency, and product data accessibility. Additionally, a thorough evaluation of the company’s credit history is conducted. This evaluation is conducted on a scale of 0 to 100, reflecting the company’s financial standing and creditworthiness.

Credit Limit – A credit limit is the maximum amount of credit that can be extended to a business, determined by the company’s credit rating and other relevant credit management processes. It represents the highest level of credit exposure that is deemed appropriate for that business at any given time.

Business Verification – Verify the authenticity of the company, including its registered information, physical address, and legal standing.

Financial performance – A comprehensive financial analysis provides insights into a company’s growth trajectory and financial stability.

Directors and Shareholders – Confirm the identities of company directors and conduct further consumer verifications, including checking the personal details of directors and shareholders.

Company Ownership – Gain insight into the actual ownership structure of a company, identifying the ultimate beneficial owner.

Key Risk Indicators – Confirm if your customer or supplier has any County Court Judgments (CCJs) or a history of delayed or defaulted payments.

What is a Business Credit Report?

A business credit report is a document that provides information about a company’s financial history and payment behaviour. It is typically used by lenders, creditors, and other businesses to assess the creditworthiness of a company before extending credit or entering into a contract.

The report includes information such as the company’s payment history, outstanding debts, and any bankruptcies or legal judgments. It also includes a business credit score, which is a numerical representation of the company’s creditworthiness.

Businesses can obtain a free business credit check to review their report and identify any errors or discrepancies. Additionally, there are various strategies available to improve a company’s business credit score, which can increase the likelihood of obtaining favourable terms and conditions when seeking credit or entering into business agreements.

Why should you check your business credit report?

Credit scores are a crucial indicator of a company’s financial stability, and it is essential to monitor them regularly.

Since companies review credit reports before engaging in business, it is prudent to be aware of the report’s contents, especially considering the possibility of errors.

Understanding, tracking, and improving credit scores can significantly enhance a business’s standing.

In addition to rectifying any inaccuracies, there are four compelling reasons to review credit reports:

Negotiate favourable terms with suppliers.
Increase the likelihood of securing contracts with larger clients.
Access affordable funding opportunities with ease.
Stay informed about potential risks and opportunities.

After addressing any errors and taking appropriate actions, it is advisable to review the credit report again to assess the impact of the measures taken.

An improved credit score can lead to better terms with suppliers, increased chances of winning contracts with larger clients, and improved access to affordable funding.

Powered By Creditsafe

Corporate Credit Report is part of Corporate Debt Recovery Limited | Company Registration No. 15545846

FAQs

Delinquencies on existing loans and credit facilities. Any County Court Judgments (CCJs) or bankruptcy/insolvency proceedings. Late filing of accounts with Companies House. High levels of indebtedness.

At no cost, you can review your business credit score Free using Corporate Credit Report. This complimentary service provides access to your business credit score, along with alerts when your score changes and guidance on how to improve it.

Payment history is a key factor influencing business credit scores. Failure to make on-time payments to lenders, credit card companies, or suppliers, can result in reporting to one or more of the credit bureaus and a lower score.

Where there is little or no history of borrowing, your company might find it difficult to get credit. That’s because commercial lenders use these records to see how your business will perform, and whether you’ll meet the terms of lending set out in the contract.

Personal and business credit score numbers are independent of each other but are often used together to determine your ability to secure a business loan. Let’s break down the difference between these two important numbers.