Checkability

The checkability of UK companies today is made possible due to the comprehensive information made available by Companies House and by the innovative technology and the sophisticated company registry that is underpinned by UK law. 

The checkability to assess a company’s credit score and overall creditworthiness is helped even more by online credit checking companies like checkSURE.   CheckSURE was launched in 2002 and was the first company to deliver company reports only via the web.  We don’t send out CDs by snail mail or fax reports since the electronic highway is the perfect road to transport data – particularly the kind that tells Users about the businesses that they trade, partner and supply.

A UK company’s checkability is facilitated by various factors.  These include:

• Age of the company.  A newly incorporated company is yet to file annual accounts, thus making it more difficult to calculate and accurately score the company.  These companies will only be given an average credit score, unless they already have negative information such as CCJ’s affecting their credit worthiness. Checkability for younger companies is not a precise science.
• Size of the company.  Small businesses have the option to file only abbreviated accounts with Companies House making it more difficult to determine a company’s profit and loss figures.
• Sole traders and unincorporated companies.  These companies are not legally required to file any statutory documents with Companies House nor do they have to supply details of their financials.  Checkability on these companies is also difficult because they are often changing and they can be hard to keep track of.
• Dormant or non trading companies.  A company that is not trading or has remained dormant since incorporation is only required to supply dormant company accounts to Companies House.  This will reveal little financial information making checkability difficult. Dormant companies are not assigned a credit limit or credit score as there is so little information.

Despite these factors, checkability is possible on many thousands of companies in the UK and Ireland.  CheckSURE offers access to all statutory filed documents at Companies House since 1994 that can be downloaded instantly.

The checkability of directors is also possible through checkSURE.  Learn how many directorships and secretarial positions and individual has, and what those companies’ credit score and limit is. Before purchasing a report on a director check how many directorships you target person holds.  If it is only directorship of one company your best value report is a report on that company which is likely to provide more information.  You can see how many directorships a person holds for Free at checkSURE.

So whether you require a full company credit check, original Companies House documents or comprehensive director’s reports, checkSURE is the online credit checking service for all your checkability needs.