Credit score predictions

Created by Katie Deverill, Modified on Wed, 19 Oct, 2022 at 6:13 PM by Katie Deverill

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