Credit Reference Agencies are helpful because they look at all the circumstances of a company in order to assess credit risk. It would be impossible for individuals to keep track of all these circumstances, and gauge the effect of them all, so it is very useful to be able to obtain company credit ratings which take all these factors into account...
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It can often be helpful to see the ‘bigger picture’ of a company’s financial status. Knowing how large a company is, in terms of its turnover, profits, assets and liabilities, is very useful information in terms of knowing how the company is likely to behave, how substantial its assets are, how good an investment its shares are, how likely it is to be able to afford a service offered, and how well it can afford to pay its debts.
A number of dramatic examples have appeared in the news in recent weeks of how the sheer size of some companies can affect their activities in unusual ways... Read more...
Coinciding with the UK Budget, bizzy.co.uk launched new features to help your business decision making, and new pricing to fit the budget of even more customers. We are now approaching 5 years old and well over 17,500 registered users!
We have lowered the price of a bizzy PLUS subscription from £99 to an extremely affordable £19.99. and included unlimited access to Companies House documents + company credit scores!
Comprehensive company credit reports with full details of the upto 5 years accounts are available at just £9.99.
Pay-as-you-go Companies House documents - £0.79. At £0.95 incl. UK VAT we're cheaper than Companies House itself!!!
Also New! Free financial charts are available on all our UK active company listings showing Net Worth, Cash at Bank and Current Assets and Liabilities.
The past week has brought two further developments in Europe's ongoing sovereign debt crisis. Firstly, a second bailout of Greece has finally been agreed. European governments and financial institutions were able to agree a rescue package for Greece based on austerity measures and commitments made by its government, following a successful bond swap. However this was seen as an orderly 'default', which would likely be followed by the need for a third bailout.
This week we have the news that the investment bank Lehman Brothers has exited bankruptcy protection, in order to sell assets and pay its creditors. The collapse of Lehman Brothers in 2008 was one of the key events at the start of the Credit Crunch, and ushered in a time of financial uncertainty from which the world is still recovering.
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