What does the credit score predict?

Our scorecard calculates the probability that a business will fail over the coming 12 month period. The calculation is converted into an easy to understand score between 1 (highest risk) to 100 (lowest risk). We consider a business below 30 to be high risk and therefore uncreditworthy, whereas a business with a score above 60 would have a low risk of failure

The following criteria are considered to be the definition of failure: 

» In Receivership / Liquidation 

» Administrator Appointed 

» Appointment of Liquidator 

» Meeting of Creditors 

» In Liquidation 

» In Administration 

» In Receivership / Administration 

» Administrative Receiver Appointed 

» Administration Order 

» Company is liquidated or is wound-up