About Company Alert
About CompanyAlert
CompanyAlert is a trading name of CFI Limited (Company Fraud Investigations) who has investigated thousands of limited companies who have gone into receivership/liquidation over recent years. During these investigations it became apparent that in many cases insolvency could have been predicted, in certain instances as early as 2 years prior to receivership. With today’s technology and our trained investigative team at Company Alert, we have the ability to give our customers early warning alert’s to information that is important and appropriate regarding the credit worthiness of a company we are monitoring. Given this knowledge at an early stage our customers then have the ability to implement any restrictions necessary to protect their position against financial loss due to possible failing debtors. Learn more about our ‘Advanced Daily Monitoring’
CompanyAlert Reports
Companies usually only need a credit report on a company who they are, or intend to do business with, obviously greater due diligence is required if they intend to offer large credit facilities to a company. United Kingdom (UK) and Republic of Ireland (ROI), Limited Company Reports are in the main based upon information supplied to and filed at Companies House (UK) and The Companies Registration Office (ROI). All Limited Companies are obliged to file certain information on a yearly basis dependant on size and age of the company UK Companies House Filing Requirements and ROI The Companies Registration Office Filing Requirements, This filed information along with data from other sources is collated and expertly analysed to generate our UK and ROI Limited Company Credit Reports.
Age of Data
One of the greatest problems facing Financial Directors and Credit Controllers when assessing a company’s credit worthiness, is that the annual account information contained in many company credit reports, is based upon data which is between 09-21 months old when filed at Companies House and can be substantially older with some ROI companies, who also have various exemptions regarding the filing of accounts. Even larger Companies, PLC’s and Groups who are required to file their annual accounts much sooner after their year end, the credit report is still often based on what the company did the previous year.
Staying One Step Ahead
Here at CompanyAlert we are of the opinion that all information that may affect a company’s credit rating and or credit limit should be monitored on a daily basis, especially due to the age of the data normally relied upon. Our unique service keeps our customers informed of a lot more than just changes at Companies House or The Companies Registration Office; Directors and/or Officers of a company we are monitoring are also monitored should they incorporate a new Limited Company (Potential Phoenix), we also monitor National, International and Local press daily for News Events with many ‘Risk Terms’ which would be classed as detrimental to a company’s standing. We then manually assess any notifications and make sure our clients are aware of any alerts we detect. We personally phone through ALL High Alert Notifications to ensure they have not gone astray in an email spam folder.
Charges
Our unique monitoring Service is available at the rate of £0.50 + vat per month, per monitored company, based on a minimum of 20 companies, these charges are normally payable monthly via a Direct Debit Service in advance. Any reports or Companies House Documents purchased are added to the following months invoice and discounted by 50% off our normal prices. International Reports are NOT subject to the discounted rates unless otherwise stated. Our membership/subscription is available for a minimum period of 12 months. Our Company Credit Reports and Companies House Documents are also available via Credit/Debit Card and Paypal on an ad-hock basis.