Graydon in the news
Six ways to spot and prevent fraud
December 5, 2012 - www.lawdonut.co.uk
Fraud is not just a problem for individuals — businesses of all sizes have to be on guard against scams. Alexander Schwendtner, of Graydon UK, explains how to spot potential fraud and take the necessary preventative measures.Graydon UK comment on Government plans to back SMEs
October 22, 2012 - www.creditman.co.uk
Alexander Schwendtner, Managing Director at commercial credit reference agency Graydon UK comments on Government plans to boost SME growth “At the Conservative Party Conference last week, Prime Minister David Cameron saluted Britain’s record rate of new business creation. One ironic positive from the on-going financial crisis is that the number of entrepreneurs setting up new small and medium sized businesses is on the rise. As unemployment rises and while we wait for the promised increase in private sector jobs, more people opt for self-employment and decide to start up on their own.Banking on the government
October 9, 2012 - channelweb.co.uk
Will Vince Cable’s planned business bank make a jot of difference to the IT industry, or it is more hot air? Sara Yirrell delves deeper into the government’s latest recession-busting schemeBusinesses urged to take steps to guard against commercial fraud
October 8, 2012 - www.creditman.co.uk
To coincide with National Identity Fraud Prevention month, which started earlier this week, commercial credit reference agency Graydon UK is urging UK businesses to remains alert to the threat posed by corporate fraudsters and advising them to take preventative measures to avoid becoming a victim of commercial fraud.Growth hopes boosted by raft of upbeat data
September 27, 2012 - City A.M.
THE PROSPECTS for growth over the third quarter were boosted yesterday, as insolvencies declined, while retail sales edged up. High street sales volumes grew in September, the Confederation of British Industry (CBI) said in its distributive trades survey yesterday.Insolvencies predicted to decrease in Q3
September 27, 2012 - businessmoneynews.net
The rate of business insolvencies in the third quarter of the year is set to decrease despite the UK economy contracting by 0.7% in Q2, according to the latest Graydon UK Insolvency Predictor. This lends weight to the view contended last week by Bank of England Governor Sir Mervyn King that the double-dip recession is finally coming to an end.Coalition growth strategy is given lukewarm reception by business experts
September 17, 2012 - This is money.co.uk
Business experts were muted in their response to last week’s Government announcement of a series of measures aimed at ‘securing the future of British industry’ by establishing a clear growth strategy.Graydon UK says state backed bank for SMEs is not a magic bullet
September 12, 2012 - ccrmagazine.com
The formation of a state-backed business bank for viable companies seeking to access finance for growth is to be welcomed. Alexander Schwendtner, Graydon UK’s Managing Director warns that this must not come at the expense of efforts to instill businesses with the confidence to extend trade credit to one another. Graydon is a leading commercial credit reference agency.Can't pay won't pay
August 6, 2012 - credittoday.co.uk
There’s been a flood of interest recently about foreign investment into London. In recent months we’ve seen the inauguration of the Qatari backed Shard and their investment in the development of One Hyde Park in Knightsbridge, to name just a couple.National Loan Guarantee Scheme "effectively abandoned" for Funding for Lending Scheme
August 1, 2012 - SMEweb.com
The Bank of England and HM Treasury's Funding for Lending Scheme (FLS), which is to boost lending to households and businesses, draw down window is now open for the next eighteen months. Starting today, banks and building societies can borrow in the FLS at cheaper rates, for periods of up to four years. The FLS scheme will supersede the £20 billion National Loan Guarantee Scheme (NGLS).Creditworthiness “crisis” for business
July 31, 2012 - credittoday.co.uk
Firms carrying a credit rating which could hit their ability to get finance and good credit terms from suppliers has climbed further during the last three years, new research showsAttitudes to information sharing must change, says Gradydon UK
July 27, 2012 - CreditMan.co.uk
The proportion of UK firms carrying a credit rating which may negatively affect their ability to obtain finance and favourable credit terms from suppliers has climbed further during the last three years, according to exclusive new research from Graydon UK, a leading credit risk management agency, and attitudes towards sharing financial information are making the situation worse than it needs to be.FTSE 100 companies challenged to pay on time
July 17, 2012 - Sharedserviceslink.com
The late payment of invoices can have a crippling effect on small businesses, particularly at a time when the economy is in recession and consumers are reining in their spending.Misery ending? UK reseller insolvencies may have bottomed out
July 2, 2012 - The Channel
Insolvency rates in the UK channel were back to pre-recession levels in Q2, according to official stats from credit reference agency Graydon UK.Business owners warned not to be mislead by small rise in insolvency rates
June 18, 2012 - Graydon UK
Small second quarter hike masks underlying industry sector variances. Company failure rates will remain flat during the second quarter of 2012 but firms supplying the construction, real estate and retail sectors should not be drawn into a false sense of security...Credit Today Awards winners revealed
May 11, 2012 - Credit Today, credittoday.co.uk
Credit Today can now proudly reveal the full list of winners from the 13th annual Credit Today Awards. Leading figures from across the credit industry gathered last night at the Grosvenor House Hotel in London for a glittering evening of food, wine and entertainment, sponsored by Marston Group.Late payment culture is blighting smaller firms in the UK
May 1, 2012 - Nebusiness, nebusiness.co.uk
The late payment culture is putting the very survival of some small firms in question, according to a report into the issue.FPB calls for use public sector procurement to be used in fight against late payment
May 1, 2012 - Purcon, purcon.com
The government should use its ability to grant and refuse public sector contracts to punish firms that do not pay their invoices on time, says the Forum of Private Business (FPB).Government should use public sector procurement to tackle late payment, says Forum
April 30, 2012 - CCR Magazine, ccrmagazine.com
With the Government this week updating a list of public sector procurement projects worth £70 billion, the Forum of Private Business (FPB) has said the ensuing tendering process should take into consideration the length of time contractors take to pay their suppliers.Small construction companies threatened by late payments, research shows
April 30, 2012 - Out-Law, out-law.com
Almost one third of small construction companies say that they have come close to being put out of business due to liquidity problems caused by late payments, according to new research.Businesses fail to tackle late payment online
April 29, 2012 - Gadgets and Tech, gadgetstech.co.uk
According to a study of 500 small businesses by credit referencing agency Graydon and the Forum of Private Business (FPB), 51 per cent of companies cite late payment of invoices as a problem, with 16 per cent saying they have almost been put out of business as a result.Tackling late payers is vital to economic recovery
April 29, 2012 - Daily Mail, dailymail.co.uk
Helping small businesses deal with the cashflow problems caused by late payments is essential for economic recovery, say experts. A new report by the Forum of Private Business and credit reference agency Graydon, published last week, highlights the huge threat to firms’ profits, growth prospects and even survival, as a result of companies delaying settling invoices.Late payments domino effect
April 27, 2012 - Financial Times, ft.com
Late payment has become an epidemic that is threatening the future of many small companies, the Forum for Private Business lobby group said after a parliamentary summit aiming to tackle the issue.Two thirds of contractors admit to paying invoices late
April 25, 2012 - The Construction Index
One in three construction companies have come close to going out of business as a result of late payment of invoices, while two thirds admit paying their own suppliers late, according to a new survey.Late Payment Problems Call for Government Intervention to Help Prompt Business Payment
April 24, 2012 - Graydon UK with FPB
New report reveals scale of threat to business survival posed by late payment as Government and business representatives address issues at House of Commons summitDelayed pay putting companies at risk
April 24, 2012 - Business Money Magazine, businessmoneynews.net
A new report has revealed the scale of threat to business survival posed by late payments.Measures needed to end UK's 'late payment culture'
April 23, 2012 - The Telegraph, telegraph.co.uk
Research conducted by credit agency Graydon and the Forum of Private Business (FPB) has revealed that around one in six companies have almost gone out of business as a result of cash flow difficulties arising from the late payment of invoices.Graydon predicts fall in insolvencies
April 16, 2012 - SFP Group, sfpgroup.com
Company failure rates during the first three months of 2012 were nearly 20 percent lower than the same time period two years ago (2010) according to the latest Graydon UK Insolvency Predictor.Reseller insolvencies at 9-year high: 89 firms hit the wall
April 12, 2012 - Channel Register, channelregister.co.uk
Reseller fatalities remained close to highs not seen since the dot-com bust as small generalist dealers and independent retailers succumbed to economic pressure.Decrease in UK company failures
March 20, 2012 - Business Money, businessmoneynews.net
Company failure rates during the first three months of 2012 were nearly 20% (19.9%) lower than the same time period two years ago (2010) according to the latest Graydon UK Insolvency Predictor. Based on data published by the commercial credit referencing agency Graydon UK, the number of corporate insolvencies during the first quarter of 2012 were also 22.8% down on the same period three years ago (2009).Number of UK corporate insolvencies down in the first quarter of 2012
March 19, 2012 - SME Web, smeweb.com
Company failures are down from Q4 2011 suggesting that company liquidations will continue to decrease this quarter.Average age of credit employees increasing
March 8, 2012 - Credit Today, credittoday.co.uk
Creditor workers aged 40 or over have increased in number by 16% in the past seven years prompting fears of a future “knowledge gap”.UK businesses "need to do more to improve their credit departments’ succession planning"
March 7, 2012 - CCR Magazine, ccrmagazine.com
New research from commercial credit reference agency Graydon UK indicates UK businesses need to do more to improve their credit departments’ succession planning processes and training systems if they want to attract and retain new talent.Small firms suffering: Giants under fire for starting late pay ripple effect
March 5, 2012 - Daily Mail, dailymail.co.uk
Late payment by big business is having a critical knock-on effect with more than 60 per cent of small companies admitting that they in turn delay paying their suppliers.Graydon UK appoints Alexander Schwendtner as Managing Director
February 27, 2012 - CCR Magazine, ccrmagazine.com
Graydon UK, the commercial credit reference agency, today announces the appointment of Alexander Schwendtner as its new Managing Director.What is the biggest threat to your business this year?
February 13, 2012 - ChannelWeb, channelweb.co.uk
ChannelWeb asked readers to cast their vote on their biggest business fears will be in 2012.BIS joins industry bodies to fight late payment
February 7, 2012 - Credit Today, credittoday.co.uk
The government has announced an investigation into late payments between businesses as part of a campaign to tackle the issue.Channel body count hits dotcom implosion high
February 7, 2012 - Channel Register, channelregister.co.uk
The channel body count in 2011 reached a high not seen since the dotcom bubble burst, stats from credit reference agency Graydon UK reveal.Small firms to stand up and be counted on late payment in new research from FPB and Graydon UK Ltd
February 6, 2012 - CCR Magazine, ccrmagazine.com
To coincide with a government drive to help business owners get paid on time, the Forum of Private Business (FPB) and Graydon UK Ltd, a commercial credit reference agency, are to research small firms’ attitudes to managing invoice payments and cash flow.Business Information Providers Association (BIPA) launches website
February 1, 2012 - Business Credit Management, Creditman.biz
The Business Information Providers Association (BIPA), an association of the five principal Commercial Credit Reference Agencies in the UK, has today launched a new website www.bipa.uk.comCompany failures continue to slide as economic storm clouds gather
December 20, 2011 - CCR Magazine, ccrmagazine.com
Company failure rates during the final three months of 2011 are set to slow further to a level 16 per cent below the same time period two years ago (2009), with the fall between October and December this year being 1.4 per cent compared with the previous three month period. This is according to the latest Graydon Insolvency Predictor.Government urged to do more to tackle late payments
December 14, 2011 - Business Credit Management, Creditman.biz
Late payments are a persistent problem for small and medium sized businesses in the UK. More than three quarters of credit managers polled in a new Graydon UK survey do not believe that the Government is doing enough to protect businesses from the burden of late payments and the potential damage it can do to their financesChecklist for spotting the signs of a successful business
November 18, 2011 - Business Moneyfacts
As the economy threatens to take another turn for the worse, securing sales will prove vital to the survival of many businesses, though making sure that trade invoices are actually paid could prove to be even more crucial.UK SMEs pessimistic about economy
November 7, 2011 - Credit Today, credittoday.co.uk
Nearly three quarters of small businesses believe the UK economy will re-enter recession in 2012, according to new research from credit reference agency Graydon UKNew bank launched for SMEs
October 21, 2011 - Credit Today, credittoday.co.uk
A new bank aiming to offer a lifeline to small businesses has been welcomed by UK firms, but commentators have claimed more needs to be done. Shawbrook Bank launched this week with a promise...The Chancellor announces a credit easing scheme for business as Graydon predicts corporate insolvencies fall
October 7, 2011 - Director of Finance online, dofonline.co.uk
The Chancellor, George Osborne, has announced a credit easing plan that will see billions of pounds being lent to UK businesses. The rate of company failures slowed during the third quarter despite an increase in corporate insolvencies during the first half of this year, according to the Graydon Insolvency Predictor.Businesses seeking to step up protection against their clients’ non payment of invoices
September 1, 2011 - Business Credit Management, Creditman.biz
The lack of availability of credit and the fall in consumer spend are viewed by UK businesses as posing the biggest threats to their clients' ability to settle their invoices, according to research by Graydon UK, the commercial credit referencing agency.
ICM urges Government re-think on microbusiness plan
August 22, 2011 - ICM - Credit Management Magazine
The Institute of Credit Management (ICM) has launched a petition with Graydon UK, the commercial credit referencing agency, to prompt a Government rethink on plans to exempt micro-businesses from having to file accounts at Companies House – plans it believes will seriously hamper the economic recovery rather than encourage it.Massive rise in reseller-specific fraud
August 18, 2011 - CRN - Channelweb.co.uk
Fraud cases in channel have risen steadily every month this year, according to the credit reference agency Graydon UK. Channel fraud levels have rocketed by 130 per cent in the first six months of 2011 when compared with 2008, and resellers are the primary target...Fraud a growth sector as UK economy stalls
July 27, 2011 - Channel Register, channelregister.co.uk
Stats from credit reference agency Graydon UK reveal a massive spike in fraud attempts, up 130 per cent for the first five months of 2011 to 214 cases, with company hijacking and cloned websites the primary methodsEx-Graydon MD Martin Williams passes away
June 23, 2011 - Accountancy Age
MARTIN WILLIAMS, former UK managing director of Graydon, has passed away on June 22nd aged 56, following a short battle with cancer.Corporate insolvencies to rise this year
June 22, 2011 - Accountancy Age
Although business insolvencies are due to decrease 6% in the second quarter compared to the same period a year ago, a 3% increase on the first quarter of the year.Exempting micro-businesses from filing accounts "will cause damage"
June 20, 2011 - Real Business
An "overwhelming majority" of finance professionals believe the government's proposals to exempt micro-businesses from filing statutory accounts will make it harder for firms to access trade credit. Research by credit reference agency Graydon shows ...Why banks are not meeting their lending targets
June 3, 2011 - Director of Finance
According to the banks, SMEs have lost their appetite for borrowing. The shortfall in bank lending to small and medium-sized businesses (SMEs) was more than £2 billion ... The evidence points to the fact that too many SMEs choose not to retain profit in their business in order to build up shareholder fundsSimple steps ease payment woe as small firms get tough with late payers
April 27, 2011 - The Telegraph
Research by credit agency Graydon has found that 66pc of small businesses claim they are taking a tougher line when dealing with debtors this year. Graydon's survey of credit managers found that despite increased watchfulness among small businesses over late payers, 88pc are turning to alternative methods in place of issuing a winding-up petition.Treasury’s scaled back GDP forecasts overshadow Budget’s positive measures for growth
March 24, 2011 -
Almost half of credit risk managers believe the economy has fallen back into recession during Q1. Number of measures contained in today’s Budget designed to bring relief to SMEs but still no clear path back to growth.Company failures down 13 per cent on Q1 2010
March 17, 2011 -
The rate of company failures has continued to slow during the first quarter of 2011, down 1.4 per cent on Q4 2010 according to the Graydon Insolvency Predictor, based on data from commercial credit reference agency Graydon UKGovernment continues to send mixed messages on SME financial transparency
March 11, 2011 -
The Government’s intention to reduce still further SMEs' statutory filing requirements in order to reduce red tape is likely to prove to be counter productive by making it harder for small businesses to secure growth funding, says Graydon UK, the commercial credit referencing agency.Secured lending plummets by almost half in three years
December 31, 2010 - Daily Telegraph, Telegraph.co.uk
Research conducted by credit referencing agency Graydon UK, which looked at the number of successful finance deals recorded by limited companies over the last ten years, revealed that there were 88,000 fewer mortgages and secured loans registered in 2010 than in 2007Small businesses suffer late payments by hospital trusts
November 29, 2010 - Financial Times, FT.com
NHS hospital trusts have become the latest bete noire of small business owners angry about late payment from large organisations. Although some hospitals have cut the time they pay bills... small business groups have noted an increase in complaints about hospital trusts moving in the other directionSpending Cuts: impact likely to be felt locally rather than nationally
October 25, 2010 - Businesscomputingworld.co.uk
The impact of the public sector cuts announced in the Comprehensive Spending Review (CSR)... likely to be felt locally rather than nationally and businesses will need to take this in to account when assessing risk in their supply chainEU offers Whitehall way out on payment time limit
October 25, 2010 - Financial Times, FT.com
The European Union directive, which is expected to be introduced in the UK in 2012, sets a maximum cap of 30 days for the public sector to settle its bills, with a limit of 60 days for business-to-business transactionsBusinesses not expecting government help over late payments
September 29, 2010 - TaxAssist Accountants
Small businesses across the UK are taking matters into their own hands when it comes to tackling late paymentsCorporate insolvencies to fall in third quarter
September 28, 2010 - Accountancy Age
Credit reference agency Graydon UK predicts company failures to fall in Q3 of 2010, however, 2011 could see corporate insolvencies increaseReport on bank small business lending decisions 'a pointless exercise'
September 14, 2010 - Telegraph Media Group
Britain's six biggest banks had commissioned pH, a subsidiary of research company Experian, to analyse the credit profiles of small businesses that are being refused debt funding in a bid to lend credibility to their claim that only risky small business customers are being turned down for lending ...
XSeption fraud prevention service shortlisted for the Credit Excellence Award in Risk
September 2, 2010 - CCR, Credit Collections & Risk
XSeption from Graydon UK, a fraud-prevention solution that tracks and compares over 6 million businesses, hunting for any suspicious patterns or signs that exhibit 'unusual' corporate activity, was shortlisted for the Credit Excellence Award in Risk 2010. The CCR Credit Excellence Awards are made up of eight separate awards. Winners are to be announced at the inaugural event on the 5th October
Nearly 1 in 3 UK firms targeted by fraudsters in past 18 months
September 1, 2010 - CCR Magazine
Almost a third of UK businesses have been targeted by fraudsters over the past 18 months, reveals recent research carried out by Graydon UK, the commercial credit referencing agency. The survey also finds that 22 per cent of firms believe that the problem of commercial fraud is getting worse
Fewer fraud successes in the courts
August 1, 2010 - This is Money
Authorities are failing to stem the tide of fraud in Britain. Fewer cases go before the courts despite a clampdown promised by the 2006 Fraud Act. Official figures from the National Fraud Authority ... show that the crime costs the economy more than 30bn a year
Unilever turns the screw on small suppliers
July 4, 2010 - Financial Mail, This is Money
Unilever has joined the rush of big businesses putting the squeeze on suppliers. The consumer products giant has ruled it will take 90 days to pay instead of 30, starting within weeks
Graydon Goes Interactive
June 17, 2010 - CCR Magazine
A new comprehensive credit report service that has been developed using the latest interactive PDF and Flash technology is being launched this week to credit managers in the UK, by leading credit reference agency Graydon UK. The latest report, called interactivePlus, contains full credit information, plus additional data and useful interactive features
Three SME resellers rocked by fraud
June 15, 2010 - Microscope.co.uk
The channel has been warned to lookout for suspicious orders following a spate of costly long term frauds perpetrated against resellers... We have seen a spike in attempted frauds, and unfortunately resellers are getting hit as they are seen as easy targets compared to distributors which have the manpower and controls in place
General election: the party's over
May 6, 2010 - Accountancy Age
The victor will soon find that the trouble stored up in the UK economy could result in one massive hangover ... over a third of business owners have had to take on personal financial risk because of a shortage of alternatives to bank funding. This is proof that the current system cannot be relied upon to do its job during times of economic stress
Small businesses call for more local lending facilities
May 1, 2010 - Financial Times, FT.com
Business heads have said that whoever wins the general election should create more viable local lending facilities to improve access to credit for companies. Credit reference agency Graydon UK said the Liberal Democrats' pledge to re-establish regional stock exchanges should be adopted whichever party forms the next government
New Government must create viable alternative to bank lending to address ongoing funding issues
April 29, 2010 - CCR Magazine
Graydon UK points out that re-establishing a network of regional stock exchanges ... would help to provide finance for businesses unable to take on additional debt but too small to attract private equity investment or access capital via the London Stock Exchange
Coface initiative makes it easier for businesses to obtain credit insurance cover
April 19, 2010 - Credit Today
Businesses can provide regular updates by submitting monthly management accounts online via CreditPal. The information is validated by CreditPal and is then shared with credit reference agency Graydon, who provide a credit rating which businesses can then submit to Coface. Regular financial updates will provide insurers with a clearer idea of the risk of providing cover
European Parliament votes for less financial transparency
March 25, 2010 - CCR Magazine
Micro businesses to be exempt from the EU financial reporting ... Less financial information on limited liability companies, however small, may well lead to that crucial door to trade credit being more difficult to open
Worries over access to finance
March 5, 2010 - Financial Times, FT.com
One in five companies that has been refused a bank loan does not know why the lender rejected the application, according to research carried out by Graydon UK, a commercial credit reference agency. Its study of more than 750 businesses found that 21 per cent of those refused finance were offered no reason
Graydon shortlisted for the Most Innovative Product Award
January 29, 2010 - Business Moneyfacts
Graydon UK's new Level 3 Including Management Accounts Report, which incorporates standardised and validated monthly management accounts into the credit scoring process for the first time globally, was shortlisted and commended for the Most Innovative Product Award at the Business Moneyfacts Awards 2010
Slow progress on paying bills
January 18, 2010 - Financial Times, FT.com
The public sector has become even worse at paying its suppliers promptly during the last year, according to research by credit reference agency Graydon UK. A survey of 512 businesses supplying local and central government departments found that 63 per cent had to wait more than the standard timescale
Should businesses care about their credit scores?
October 21, 2009 - Accountancy Age / Financial Director
With access to credit tighter than ever before, how important is your credit rating to securing the best deals from banks and suppliers? This audio podcast will shed light on what determines a business credit rating, and what businesses can do to improve it while also addressing how other methods are increasingly being used to gauge the financial viability of a business. Learn useful advice on ensuring the information held on you is up to date and offering strategies for presenting your business in the best possible light
Graydon launches a 'world first' service
October 13, 2009 - Credit Today
Commercial credit reference agency Graydon has launched what it claims will be the world's first credit report service based on monthly company financial information
Late-payment law backfires on small business
September 3, 2009 - FT.com Financial Times
Legislation intended to help small businesses punish late payers is instead being used against them by large companies seeking a reward for settling bills promptly. A few large companies have been trying to help small suppliers with financial assistance, according to Martin Williams of Graydon credit
Don't be shy to gain better credit ratings
August 6, 2009 - Financial Mail / This is Money
The state of a firm's credit rating could make a big difference to the deals it can get from banks and suppliers, yet many bosses are unaware of how poor that record may be. So what determines a business's credit rating, how can a firm improve it
Britain's SMEs face battle to secure credit
July 2, 2009 - Accountancy Age
A lack of timely and detailed accounts is hurting vast numbers of smaller businesses. A staggering 1.8m businesses have poor credit ratings largely because they do not file timely or detailed accounts
SMEs must show financial transparency
June 25, 2009 - Accountancy Age
Confidential financial information may have to be disclosed by small and medium sized companies if they want to avoid lending decisions being based on accounts compiled during the recession ... It will be seen as being more in their interest to do so, because it will give them a chance of better credit terms.
Insurers demand more transparency
June 16, 2009 - The Daily Telegraph
Credit insurers have said businesses need to become more open about their trading performance if they want to improve their credit rating and use trade credit insurance. The three leading insurers, Euler Hermes, Atradius and Coface, have all said that the credit crunch and resulting recession has focused their efforts on collecting quarterly, monthly and in some cases even weekly sales forecasts from large and small companies in their efforts to price the risk associated with those companies
The credit reference community is formulating a new approach for the post crunch economy
June 8, 2009 - The Economy News
Credit seekers are demanding that Credit Reference Agencies (CRAs) base their company assessments and accompanying recommendations on current management account information. ...new methods by which credit-seeking companies can ensure validated monthly management account information is able to be factored into credit reference agency recommendations.
Credit information service to assist SMEs
May 6, 2009 - Real FD, Real Business
The Federation of Small Businesses ...new credit information service for SMEs ...will help firms needing finance. The companies say the new initiative will allow SMEs to seize greater control over the information provided about them to prospective creditors by credit reference agencies, and that this will improve their access to finance and credit insurance cover
Government Departments struggling to deliver on PM's 10 day payment pledge
March 24, 2009 - CreditToday
New research from commercial credit reference agency Graydon UK reveals that last autumn's Government pledge to ease the cashflow problems faced by small firms through the payment by Government departments of trade invoices in 10 rather than the usual 30 days, is taking longer than expected to take effect
Graydon UK warns against European Commission account filing proposals..
March 5, 2009 - Sourcewire
European Commission proposals removing the obligation of companies with turnovers below 1m euros to file accounts at Companies House could further reduce access to finance for micro-businesses in the UK, according to commercial credit agency, Graydon UK
Credit Insurance still a genuine option for UK firms despite criticism.
February 27, 2009 - CCR Magazine.com
Less than one in ten UK businesses that use credit insurance have stopped using the service as a means of safeguarding their cashflow amidst the economic downturn, despite an increase of up to 40 per cent in premiums during the last twelve months, according to new research from commercial credit agency, Graydon UK
UK businesses ill-prepared for downturn
January 24, 2009 - Financial Times
UK businesses were ill-prepared for the downturn long before the credit crunch took hold according to Graydon ... Using its credit scoring rules, Graydon this month allocated high or above normal risk ratings to 59 per cent of all active UK incorporated companies. Only a 5th of the companies surveyed were awarded low risk ratings
