How is the score calculated?

Created by Katie Deverill, Modified on Wed, 19 Oct 2022 at 06:13 PM by Katie Deverill

Using an amalgamation of data, the score is continuously calculated to provide an up-to-data score prediction for every UK company.


Company Check applies 6 different scoring models depending on the business type, size and information available. The 6 models evaluate a collection of characteristics and apply different weightings to each, from this a calculation is performed to clearly identify the probability that this company will fail over the coming 12 months.


With the probability of default we then generate a score between 1-100, which further correlates to a risk banding between very high risk to very low risk.


 


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