NEW Data Element - Credit Standing

Counting & reporting on this element can only be performed by ME Account managers or registered users of the site. This is found in the Company Section of e the Search Engine.

We have introduced a new data element on our file called Credit Standing.

Every record now carries this field which is a rating based on the following company information.

Current Credit Rating
Current Suggested Credit Limit
Number of outstanding Mortgages
Value of outstanding debts and liabilities
Total value of company CCJs

Using this information produces a score which is then translated into the following.

Zero Rated - this does not mean the company has a bad rating, it simply means we did not have sufficient information to produce an accurate score.
Bad
Poor
Below Average
Average
Good
Excellent

This rating is provided for illustration purposes only and offers no guarantee as to the companies stability or instability.