Top 10 Tips For a Secure Business Future!

Creditserve provides an online, affordable and up to date credit checking system which allows you to carry out credit checks on your new and existing customers and/or suppliers to ensure they have the financial means to honour payments/contracts.

Key Features: 

• Instant credit checks online
• Full range of credit reports
• Discounted rates
• Up to date information
• Debt recovery service

Instant credit checks online 

Clients can access Creditserve online credit checking service for instant reports on a company’s or an individual’s credit rating and history.

 

Extensive range of credit reports 

Reports range from in-depth business reports, including full accounts and credit ratings, through to simple registered information, we also offer Companies House documents and monitoring service.

 

Beneficial rates 

We offer extremely cost effective rates for one off credit checks. Regular credit checks should form part of your credit management routine on new customers, defaulting customers and those seeking an increase in their credit limit and therefore an annual subscription is often the most cost effective way to credit check your customers and suppliers.

 

Up to date information 

Our range of credit reports are updated on a live feed to ensure they include the most recent and accurate information.

 

Debt Recovery Service

Creditserve also offer this back up service to the online credit reporting and work on a no collection no commission basis. We work on all cases on pre legal basis and add costs and interests to the debt value which you are entitled to from the time the debt becomes overdue.

 

Crucial Top 10 tips for all credit control departments:- 
1. Always perform credit checks to ensure you know your customer 
2. Get your customer to complete a credit application form 
3. Wherever possible obtain a personal guarantee from company directors 
4. Get a signed contract incorporating your terms and conditions 
5. Give your customer a credit limit and review this regularly 
6. Invoice on time and ensure details are accurate 
7. Phone your customers before payments are due to ensure there are no queries 
8. Send monthly statements 
9. Use properly drafted collection letters 
10. Consider outsourcing your non paying accounts to a reputable debt collection agency like Creditserve Collections

If you would like any further information please feel free to contact me on 01992 414222 or emailmartin@creditserve.co.uk LinkedIn Martin Brown or follow on Twitter @creditserve

UK company credit checks & company credit reports available online

UK company credit checks & company credit checks online

Our Online UK Company Credit Reports offer Company Credit Reports on UK Ltd & Plc Companies and they provide all the information required for Credit Checking UK Companies.   You can obtain a Company Credit Report by using the UK Company search facility on either our home page or Online shop page.  In addition to Company Credit Reports we also offer these other services:

UK Company Credit Reports - Credit Reports Online

• UK Company Credit Reports including UK Limited company credit reports online and online company searches for Credit Checking UK Ltd Companies. 
• Plc company credit reports and company searches for Credit Checking UK Plc Companies
• Non Limited company credit reports on sole traders and partnership businesses for Credit checking UK Non Ltd Businesses.

UK Company Director Reports

• Individual detailed director reports for Credit Checking UK Company Directors

Company Monitoring on UK Companies:

• Online monitoring for monitoring changes to UK Company Credit Reports including Credit Ratings and Credit Limits

Ltd Company Accounts / Limited Company Accounts / Company Accounts

• UK Companies house documents for Company Financial information including Annual Accounts and Annual Returns. 

Company Credit Reports online:

We are able to offer full online UK business credit repors & company credit reports on limited companies or sole traders and partnerships on Companies all over the UK including England, Northern Ireland, Scotland and Wales.  A Company Credit report, Business Credit Report or Company Credit Check via our Online Company Credit Report Search facility on a UK Limited or Plc company will provide you with the following Company Credit & Financial information:-

• Full UK company incorporation details
• Details of individual directors and shareholders including other directorships in other companies
• Details of the companies mortgages and charges
• Five years of financial information (where available), including Profit and loss (where available) and Balance sheet.
• Legal notices
• County Court Judgment information andHigh Court Writ Information
• Up-to-date and historic credit limit
• Up-to-date and historic Credit Rating Risk Score 
• Options to monitor the company for email alert updates

Online Business Credit Reports on UK Sole Trader or Partnership Businesses

An online credit check for a UK business credit report on a non-limited business, sole traders and partnership in the UK will confirm the following information:-

• Confirmation of Sole Trader or Partnership ownership details
• Length of time the Sole Trader or Partnership business has been trading
• County Court Judgment / CCJ Search
• Non Ltd Business Credit limit
• Non Ltd Business Credit Rating / Risk score

Online Company Credit Report Searching:

Please click on our home page or online business or company & director credit report shop to perform the company credit report search for the UK company credit report or Irish company credit report or  UK & Irish director report that you require.

Company & Business Credit Report Info:

When you are searching limited companies for a UK company business credit report you are required to enter the company name or company registered number on the UK Ltd or Plc Company in order to get to the company credit report that you require. 

If you need more assistance in obtaining our pay as you go Business Credit Reports, Company Credit Reports or Company Director credit reports please go to our Help & Support section.

UK Company Credit Report Cost:

Our UK Company Credit reports cost £9.95 on a pay as you go basis or you can subscribe to one of our discounted Credit Report packages. 

Why Carry Out Company Credit Checks

Doing business in the current environment is difficult enough without having to worry about getting paid. For non-retail businesses, where credit is expected by wholesale customers, there is nothing worse than providing goods and services only to end up with a bad debt.

For new customers, it is good business practice to carry out a company credit check to try and get some indication that the company with whom you will be dealing will be able to pay your bill. Whilst such a check is no guarantee of payment, a company credit check with a credit score provides some degree of comfort.

Even with existing customers, it is good practice to regularly check their credit worthiness as part of your credit control system. Diarising regular business credit checks is an important process for every business, however monitoring systems are used to do this automatically for you. It is a system that once you have added your desired companies will send details of any changes via email at the time change occurs.

Even if the businesses that you are dealing with do not leave you with a bad debt, delayed payments can cause almost as many problems particularly in an environment of limited finance. Additionally, it can of course cost you time and money in chasing outstanding amounts.

Every business should have a clear system to deal with credit risk and should involve credit limits, procedures for chasing debts, all in line with your terms and conditions of business.

Company credit reports help build such a system.

Creditserve offer differing packages to suit any and all requirements, so please feel free to visit www.creditserve.co.uk to view the differing services we offer.