NEW YEAR OFFER: UK UNLIMITED BUSINESS CREDIT REPORTING PACKAGE

NEW YEAR OFFER: UK UNLIMITED BUSINESS CREDIT REPORTING PACKAGE

We are pleased to be able to offer our 'Silver Package' for a one off annual subscription outlined below:-

1 YEAR UNLTD UK & IRELAND PROPOSAL

For a one off subscription of £350.00 + VAT we will provide the following information:-

ü Unlimited access to online credit reports on all limited companies in both the UK and Ireland

ü Unlimited access to individual directors reports on every director in both UK and Ireland

ü Access 200 to Companies House image documents

ü Unlimited access to sole traders and partnerships in UK

ü Unlimited access to online monitoring of any limited companies of your choice

ü Online overseas credit reports available in the following countries on a PAYG basis (£30 per report):- Belgium, Czech Rep, Denmark, Finland, France, Germany, Iceland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Spain, Sweden, Switzerland and USA.

ü  Access to offline credit reports in any country worldwide on a PAYG basis (Please see website for further details)

ü  Debt recovery letters and procedure on a ‘no collection no commission basis’ (If successful only 7% commission of what we recover is charged) 

If this package is of interest please feel free to contact me directly and quote MBOFFER and I can provide a no obligation demonstration of the system. 

Please contact me directly on either martin@creditserve.co.uk or call me on 01992 414222.   

Kind regards

Martin Brown

Senior Account Manager

www.creditserve.co.uk

01992 414222

Most Important Things To Look For In Business Credit Report

Introduction

When carrying out credit checks on potential and existing customers you will almost always be drawn to the credit limit of the company and feel assured that if the credit agency states a credit limit then that is all you need to look at, this is not always the case.

This blog looks at some of the other main factors that we suggest are looked at when carrying out credit reports and setting credit terms for customers.

The following points will give you a better view of a respective company as a whole and ensure that you are more aware of potential risk of failure:-

1). Age of Company: This will give an indication if a company has operated for a substantial amount of time, where the likelyhood of failure is statistically less than a newly incorporated company.

2). Filing Dates of Annual Accounts and Returns: Statistically companies who file financial information close to or beyond the year end date are more likely to file poor financial information.

3). Group Structure/Share Capital: If a company is privately owned or as part of a group can give and indication of the likelyhood of failure.

4). Derogatory Information: Within a credit report there will be a section for derogatory information and within this section it will show and CCJ's, Winding Up Petitions, Liquidations and Receiverships.

5). Director Database Information: Within our credit reports we offer a full director database check on the director of said company, this will enable you to look at this Director's other limited companies and show you the credit limit associated with these companies. 

6). Financial Information: Looking at a company's balance sheet and if available profit and loss account will give you a detailed picture of the subjects financial position at the time those accounts are filed at Companies House. Please keep in mind that limited company filing regulations state that a limited company has 9 months from year end date to file the next years accounts. Therefore financial information becomes historical.

Creditserve offers online credit reporting packages to suit all requirements and budgets so please feel free to visit www.creditserve.co.uk or contact me directly on 01992 414222 or email martin@creditserve.co.uk for a free no obligation demonstration.

A bit of fun!

Obviously with Mr Franklin endorsing our product I just wanted to inform you that we have an offer on our uk business credit reporting - £350 gets you all of the below:-

Unlimited access to any UK limited company

Unlimited access to over 3 million non limited businesses

Unlimited access to director database information

Access to 200 companies house documents

Unlimited access to company monitoring

Debt recovery on a no collection no commission basis.

Just email martin@creditserve.co.uk or visit www.creditserve.co.uk for more information. You can also follow @creditserve on twitter or Facebook to receive daily updates and offers.

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

Proactive rather than reactive credit control?

An ability to manage cash flow is crucial to business success, and the control and management of debtors is often a painful task, as a result of manual and repetitive processes. Recent external economic factors resulting from the impacts of a long term global recession, only adds to headaches of a credit control team. An introduction of effective tools to improve the checking and collections processes, is arguably more important today, than at any time in recent history.

Credit controllers are traditionally regarded as an essential element in business to chase late payments, and respond to customer queries. However, why just be reactive in this field when you can be proactive? Proactive businesses are generally regarded as market leaders, and those who are reactive are more likely to be ‘me too’, or market followers. The traditional style of credit control is a purely reactive process. You wait for non payment, and chase. Just because that is the way it has been done, does not mean that is the way it should work in the future. There is a better way.

Creditserve Business Reports are now available which can help manage credit checking and risk analysis, through to assisting debt recoveries prior to 'going legal'. 

By proactively checking your customer at various points in their 'life cycle', rather than simply awaiting non payment. 

Throughout all phases, every event or process is tracked through credit controller’s work flow with in-built monitoring procedures and excellent supporting management reporting. This allows the credit controller to be freed from the everyday, and time to concentrate on really exceptional cases.

A major benefit of this pro-active approach is that the relationship between credit control team and the customer becomes positive. 

Most credit controllers traditionally ring up only to complain that the account is overdue for payment. By actively managing the account, it becomes possible to see any difficulties in advance, and work them out with the customer before they turn into a problem.

If your current processes could be improved using Creditserve Business Reports, why not get in touch using sales@creditserve.co.uk? To find out more about Creditserve Business Information, visit www.creditserve.co.uk and complete an online enquiry form.

How To Credit Check Non Limited Companies, Sole Traders and Partnerships

It has always been a risky business supplying Proprietorship or Partnerships on credit terms, with very little information available online due to the fact that this business entity does not have any filing regulations.

The first advice I would give is to have a full application form specific to this type of business, which would ask for pertinent information such as all owners full names, dates of births, residential addresses along with the standard questions relating to the business. 

So many businesses do not have the correct internal procedures in place to correctly credit check let alone collect any outstanding monies from sole proprietors or partnerships and often find that the information they originally gathered is either incorrect or out of date and has changed.

Did you know that Proprietor and Partnership business owners are jointly and severally liable for any debt so therefore you can recover any debt with one or all of the Partners within the business.

Creditserve are the only UK company who can provide Bespoke Credit Reports which give up to date business and consumer information on any non limited business in the UK and Rep of Ireland. These reports include business details such as trading address, activity information, date of establishment, other trading addresses & tenure, other business interests, business CCJ information, full ownership names and dates of births, electoral roll confirmation, CCJ and Bankruptcy searches, trade references and recommendation.

We are the only credit reference agency in the UK with the ability to provide these reports and also provide them to many of the largest blue chip organisations along with the main credit insurance agencies.

These bespoke credit reports are beneficial to all forms of company especially those whose main customer base is sole traders and partnerships as well as new limited companies. Companies in wholesale and distribution, manufacturing, transport, export and import, insurance brokers are just a few industry types. 

If you would like to know more about these reports please feel free to contact us direct on 01992 414222 or email sales@creditserve.co.uk or if you would rather please visit http://www.creditserve.co.uk/Products-and-Services/Bespoke-Sole-Trader-Reports to view samples.

We can offer these reports on a pay as you go basis or in bulk at reduced prices depending on the requirement. 

The Full Cost Of NOT Credit Checking?

How do you measure the benefits of using online credit reference agencies?

A staggering 70% of UK businesses do not credit check their customers, some of this is down to business owners not wanting to incur the costs of credit checking...But honestly and truthfully a business owner can only really see the benefit of credit checking if they do not use and agency and obtain late or no payers and Its too late! 

Nowadays credit checks are very easy to understand, very cost effective and most importantly up to date. They are integral in running a fully functioning credit control department. 

Not being able to credit check doesn't just put you at risk of bad debt but also poor supply chain. And the money spent on credit checking is almost always less than a companies annual debt recovery costs!!

Creditserve offer three different packages with regards to credit checking Gold, Silver and Bronze. 

Our Gold Package includes unlimited UK & Irish limited and non limited company credit checking, director database, monitoring, Companies House documents, online overseas credit checks, bespoke credit reports and debt recovery on a no collection no commission basis.

Our Silver Package includes all of our online services above at a guaranteed 25% reduction in annual spend.

Our Bronze Package give you access to 50 business credit reports and 10 sets of annual accounts for £89 + VAT.

for any further information please do not hesitate in contacting us direct on sales@creditserve.co.uk or 01992 414222.

Creditserve Credit Checking and Business Information News, Offers and Events

April 2013 has seen a swift increase in company credit checking with many more companies feeling the need to carry out credit reports on both prospective customers and suppliers alike.

We are pleased to welcome the many new customers who are taking up the offer of unlimited company credit checks, with the back up of consumer credit reports, overseas credit reports, companies house documents, IDU checks and debt recovery.

We have seen, blogged and tweeted about many of the financial milestones and news throughout the month and if you would like to subscribe to receiving this blog then please follow, or you can follow us on Twitter,  Facebook or LinkedIn and receive the latest news, offers and handy hints to anything financial.

In this blog I would like to take this opportunity to offer you a no obligation free trial of our system where you can make use of our credit checking facilities to ensure you are getting the best product, services and prices in the market place.

We offer our Unlimited online UK and Eire credit reporting silver package and can guarantee to reduce your annual subscription by 25%!!!

Please feel free to contact me direct on sales@creditserve.co.uk or 01992 414222 or please visit www.creditserve.co.uk. 

Creditserve Online Overseas Credit Checks

Creditserve now offer instantly available online overseas credit checks throughout Europe and USA.

We now offer instant online access to business information throughout Europe and USA through our online shop http://www.creditserve.co.uk/Online-Shop.
 
The countries which we cover are:- 

• Belgium
• Czech Rep
• Denmark
• Finland
• France
• Germany
• Greece
• Iceland
• Ireland
• Italy
• Lithuania
• Malta
• Netherlands
• Norway
• Poland
• Slovakia
• Spain
• Sweden
• Switzerland
• USA 

These reports contain valuable financial and business information to assist in making sound business decisions whether it be taking on new customers or ensuring that your suppliers are viable business partners.
 
The reports throughout Europe include the following: Statutory Information, Address Links, Group Structure, Latest Financial Accounts, Director Information, Credit Limit & Risk Score.

Our online overseas credit reports carry a £30 + VAT charge per report, however we offer significant reductions in price for bulk packages which we are happy to quote for. Please feel free to contact me direct on martin@creditserve.co.uk or call me direct 01992 414222.

http://www.applegate.co.uk/listings/71c8a540872911e29106005056822520.html



 
 
 
 
 

Credit Management & Business Information Blog Posts

If you are interested in reading different posts about the Credit Industry, Credit Management, Business Information, Company Filing or Credit checking please visit the blog on my Company Website: 

This is a list of recent posts on that blog:

Creditserve Business Information Blog

Account filing requirements for UK limited companies

Posted: 21 March 2013 This blog looks at the filing requirements for UK limited Companies.
Read more...

Credit check potential new customers

Posted: 13 March 2013 This blog looks at the importance of credit checking potential new customers to ensure that you know who you are doing business with and minimising the risk of being paid late or not at all.
Read more...

Company credit checks on Swedish companies

Posted: 06 March 2013 This blog looks at credit information provided in an online company report on Swedish companies. The blog also looks at the accounts filing requirements and different types of companies in Sweden. 
Read more...

Online credit checks on companies in Spain

Posted: 28 February 2013 This blog looks at the information provided in a typical company credit check in Spain. Also the different types of companies registered in Spain and the filing requirements.
Read more...

Belgian company credit checks and legal obligation to file accounts

Posted: 25 February 2013 This blog looks at credit information available on companies and businesses in Belgium to carry out company credit checks. The blog also looks at the legal requirements to file accounts and determining a company's size.
Read more...

Online Italian Company credit reports and account filing requirements

Posted: 20 February 2013 This blog provides details on the online Italian credit reports provided by Creditserve Business Information Ltd along with account filing requirements for Italian companies.
Read more...

Different types of businesses and companies in France

Posted: 18 February 2013 This blog looks at the different types of businesses and companies in France. This blog also looks at the credit information available on a an online credit report supplied by Creditserve business information Ltd.  
Read more...

German company credit reports and their filing requirements

Posted: 12 February 2013 This blog looks at on-line credit reports supplied by Creditserve Business Information on German companies along with the accounts filing requirements and legal obligations.
Read more...

Overseas companies registered in UK

Posted: 08 February 2013 This blog looks at the requirement of overseas companies having to register in the UK. The guidance is provided by companies house. 
Read more...

Corporate Voluntary Arrangement

Posted: 04 February 2013 This blog is about  corporate voluntary arrangement

Google Author: "By Chris York"

The Corporate Version of Phoenix From The Flames...

In mythology, a phoenix is an immortal bird that, when it dies, bursts into flames and is reborn from its own ashes. "To rise from the ashes of the phoenix" means to make a miraculous comeback.

We are all well versed with the saying 'Phoenix From The Flames', however the meaning has taken new form recently with the corporate world seeing more and more limited companies failing and then resurfacing shortly after under a very similar limited company name, with the same business shareholders and directors!.

Now companies that fail for whatever reason is not new as new statistics tell us that 50% of new businesses do not make their 3rd birthday. This is quite a staggering statistic, however we all know that for whatever reason there will always be businesses that cannot continue to trade.

There are some ways of protecting your company against this form of injustice, one way would be to carry out extensive credit checks prior to dealing with your customers. Credit agencies offer online facilities to obtain instant credit information. These credit reports are generally well detailed with financial accounts, shareholder information and director information, within the director information you will be able to view other limited companies that the respective directors have operated and their current credit limit and status.

These online credit checking agencies provide what is called a monitoring service which will keep you informed via email of any changes which happen to your customers and therefore will keep you up to date with important

Creditserve offers various credit reporting solutions which can assist in making initial credit decisions, maintaining account management through company monitoring, group structure credit reports, director database reports, companies house documents with our professional debt recovery department as a back up to the online credit checking facility we offer.

There are packages to suit any size company or budget and our credit reports are of the highest standard which makes Creditserve one of the fastest growing credit reference agencies in the UK.

If you would like more details on any of our services whatsoever please do not hesitate in contacting us through sales@creditserve.co.uk, LinkedIn Page Creditserve Business Information, twitter@creditserve1 or on 01992 414222

Company Monitoring And The Benefits Of Keeping A Beedy Eye On Your Customers, Competitors and Suppliers

This blog is written to give an insight into the whys and wherefours of monitoring your customers, competitors and suppliers financial information.

In the current financial climate it is wise to carry out the relevant credit checks and run credit reports to ascertain whether you are putting your own company at risk by dealing with potential new clients or suppliers.

However, it is just as important to monitor your new customers and suppliers once you have extended credit terms to them, a company that seems secure at first may indeed see changes to their own business which can directly affect your own.

Below are the reasons for change within companies which can directly affect you:-

Filing of Annual Accounts
Filing of Annual Return
County Court Judgment/ Derogatory Information
Change of Directors
Group Ownership/Shareholders

Company monitoring allows these changes to be sent automatically to you via email on a daily basis so therefore you will receive this information as soon as it is available through a live feed of information. You will be sure that the information sent will be backed up by filed information at Companies House, the registry trust or local gazette.

With this in mind this would mean that a company that has just had some derogatory information filed against them such as a CCJ, you would be in the best position to stop supplying and recover your outstanding monies, therefore negating finding out later on what has happened and potentially being at the bottom of a list of companies chasing their outstanding debts.

It is not always on the negative effect that the monitoring system can be used for, it may be a very helpful procedure when receiving filed accounts information, for instance if a company files a new annual accounts document and their company has grown their need for credit has potentially grown and you can benefit by looking to extend larger levels of credit should the company be worthy.

Credit reference agencies such as Creditserve allow customers to obtain access to monitoring facilities when a subscription is made to their online credit checking facility. These credit checking facilities are best used in an unlimited basis. Creditserve offer unlimited business credit reports on all UK and Irish limited and non limited companies, company monitoring, Companies House documents, director database, online international credit reports as well as consumer credit checking and AML (anti money laundering) checks.

Please feel free to visit www.creditserve.co.uk or follow on twitter @creditserve connect on LinkedIn Martin Brown or email martin@creditserve.co.uk

Spanish business information, credit checks and filing requirements.

Creditserve have a corporate website blog which discusses all forms of business information both within the UK and Internationally. This blog link will give details pertaining to Spanish company filing requirements.

http://www.creditserve.co.uk/Media-Centre/Blog/February-2013/Online-credit-checks-on-companies-in-Spain

Feel free to view our blog page and should you be interested in credit information, whether it be domestic or international please feel free to contact us direct on sales@creditserve.co.uk twitter @creditserve, LinkedIn Martin Brown or 01992 414222.

Italian credit reports, business information and accounts

Creditserve have a corporate website blog which discusses all forms of business information both within the UK and Internationally. This blog link will give details pertaining to Italian company filing requirements.

http://www.creditserve.co.uk/Media-Centre/Blog/February-2013/Online-Italian-Company-credit-reports-and-account

Feel free to view our blog page and should you be interested in credit information, whether it be domestic or international please feel free to contact us direct on sales@creditserve.co.uk twitter @creditserve, LinkedIn Martin Brown or 01992 414222.

Belgian company credit checks and legal obligation

Creditserve have a corporate website blog which discusses all forms of business information both within the UK and Internationally. This blog link will give details pertaining to Belgian company filing requirements.

http://www.creditserve.co.uk/Media-Centre/Blog/February-2013/Belgian-company-credit-checks-and-legal-obligation

Feel free to view our blog page and should you be interested in credit information, whether it be domestic or international please feel free to contact us direct on sales@creditserve.co.uk twitter @creditserve, LinkedIn Martin Brown or 01992 414222.

French company credit reports and filing regulations

Creditserve have a corporate website blog which discusses all forms of business information both within the UK and Internationally. This blog link will give details pertaining to French company filing requirements

http://www.creditserve.co.uk/Media-Centre/Blog/February-2013/Different-types-of-businesses-and-companies-in-Fra

Feel free to view our blog page and should you be interested in credit information, whether it be domestic or international please feel free to contact us direct on sales@creditserve.co.uk twitter @creditserve, LinkedIn Martin Brown or 01992 414222.

German company credit reports and their filing requirements

Creditserve have a corporate website blog which discusses all forms of business information both within the UK and Internationally. This blog link will give details pertaining to German company filing requirements

http://www.creditserve.co.uk/Media-Centre/Blog/February-2013/German-company-credit-reports-and-their-filing-req

Feel free to view our blog page and should you be interested in credit information, whether it be domestic or international please feel free to contact us direct on sales@creditserve.co.uk twitter @creditserve, LinkedIn Martin Brown or 01992 414222.

Creditserve Credit Checking Facility/Credit Management Offer For Online Business Information

MARCH MADNESS!!!

For One Month Only Creditserve Are Able To Offer Our UK & IRISH Unlimited Credit Checking Database For A Guaranteed Reduction In Annual Subscription of 50%! Yes, 50%!!!

Creditserve will give you unlimited access to business information which includes the following:-

ü Unlimited access to online credit reports on alllimited companies in both the UK and Ireland.

ü Unlimited access to individual directors reportson every director in both UK and Ireland.

ü Unlimited access to companies house imagedocuments.

ü Unlimited access to sole traders andpartnerships in UK.

ü  Unlimitedaccess to online monitoring of any UK & Irish limited companies.

However, this is not all... As well as access to our unlimited credit checking facilities you will also have access to our debt recovery department to assist you in recovering any outstanding monies on delinquent debtors on a 'no collection no commission basis'. 

ü Debt recovery on a ‘no collection no commissionbasis’

We can also give you access to business information in 18 Countries throughout Europe and inluding the USA. These reports are usually charged at £30 + VAT per report, however with this offer we can give you access to 10 online overseas reports for £200 + VAT... Please see below the countries you can obtain instant online information in:-

Belgium, Czech Rep, Denmark,Finland, France, Germany, Greece, Iceland, Italy, Lithuania, Malta,Netherlands, Norway, Poland, Slovakia, Spain, Sweden, Switzerland andUSA.  

Creditserve also provides access to consumer credit checking information, however you would require the correct data protection licence to obtain this type of information. Please see below the degree of information available within our consumer reports:-

CONFIRMATION OF NAME & ADDRESS,ELECTORAL ROLL CONFIRMATION, INSOLVENCY SEARCH, COUNTY COURT JUDGMENT SEARCH,ADDRESS LINKS, GEO-DEMOGRAPHIC PROFILE, CONSUMER SEARCH HISTORY, CREDIT SCORE.

If you would like any further information or would like to trial the system please do not hesitate in contacting me on 01992 414222 or email martin@creditserve.co.uk on LinkedIn Martin Brown or on Twitter @creditserve
 






 

Giving Credit Terms to Foreign Companies : European Credit Reports & Business Information

Does your company deal internationally?

If your company deals with European or International suppliers and/or customers it can often be a treturous proposition, as often you may not realise what is available help minimise the risk of dealing with these companies.

One of the misconceptions is that foreign companies do not file the same degree of information as we do in the UK, this is a potential problem in itself because if you do not try and achieve the best data available you are already leaving your company open to the possibility of bad debt.

European or International credit reports and business information is now available on-line via credit reference agencies such as Creditserve and is often very cost effective and detailed.

European credit reports for the most part contain statutory information, company accounts, derogatory information, group structure, share holder information director information and credit limit and risk score. All of these pieces of information are compiled into a credit report which is easy to read and will help you make a informed credit decision.

The countries which you can obtain on-line credit information are:-

Belgium, Czech Republic, Denmark, Finland, France, Germany, Greece, Iceland, Italy, Lithuania, Malta, Netherlands, Norway, Poland, Slovakia, Spain, Sweden, Switzerland and USA.

The European and International credit reports are often used by UK companies who deal with UK customers but in-turn have parent companies overseas and therefore would need to know group strength as well, as this may have implications on the UK subsidiaries.

The European and International credit reports can be obtained on a pay as you go service or within bulk packages from websites like www.creditserve.co.uk and are very cost effective easy to download.

I have attached a sample European credit report which will give you an insight into the degree of information available within these reports.

If you have any questions relating to European Credit Reports please do not hesitate in contacting me direct via martin@creditserve.co.uk, @creditserve or LinkedIn Martin Brown