How to read a company credit report

How to read a company credit report

Understanding a company’s financial health is crucial for making informed business decisions. One valuable tool for assessing a company’s creditworthiness is its credit report. In this blog, we will explore How to read company credit report and guide you on how to interpret the information provided. Let’s dive in! Company Information The company’s credit report […]



CHECKACO NEWS: Crypto currency fraud is on the rise and it’s mainly the young who lose out to the tune of £20,000 a time

Action Fraud – the UK’s police unit dedicated to catching fraudsters – said that last year around £150 million was stolen by criminals from the general public. The crime fighting organisation said: “Since the start of 2021, Action Fraud has received 7,118 reports of cryptocurrency fraud, with an average loss per victim of just over […]



Checkaco News: the rip-off student accommodation; the snake-oil saleswoman facing criminal charges; the investment trader up against the serious Fraud Office for fraud; and the invisible pets sold to the public by fraudsters

Student accommodation rip-off Before you pay for your student accommodation to a company (or for your son or daughter) do a credit check with Checkaco. Rogue firms who have contracts with colleges and universities have been providing sub-standard accommodation at high prices but with Covid-19 have in many cases been able to charge rent for rooms that are not […]



Checkaco News: nightmare as kitchen firm goes bust, romance scams, Bitcoin con and shock as solicitor is hacked Kitchen companies that come and go – and take your cash

The consumer press is filled with stories of people who have looked at their old kitchens during lockdown and thought it would be good to change to something minimal and modern now they work from home. Kitchens are pretty expensive home improvements especially if they are fitted by specialist companies – although the flip side […]



Checkaco News: Care home lost deposits, unexpected massive repairs on flats, Reading Festival ticket scam and non existent holidays in Portugal

Always do a Checkaco on a firm if you are parting with large amounts of cash as a deposit  Every month retirement homes go into administration due to the collapse in numbers of residents caused by the Covid-19 crisis and spiralling debts.Many have lost residents to the pandemic while more have seen residents elect to […]



Checkaco News: Dodgy landlords, holiday deposits and don’t get ripped off when buying an ebike or a horse

The outrageous small print that can trap you into paying thousands in escalating ground rent  Developers selling new homes are often found guilty of it as are private landlords looking to trap their buyers into paying through the nose for so-called ground rent. When buying a home whether it is a flat or a house […]



Checkaco News: festival ticket scams, timeshare alert, avoid dodgy builders and one easy tip on how to spot a fake website

Festival ticket scamWith the Covid-19 restrictions set to be lifted this spring the highly popular rock music Reading Festival is to be staged at the end of August.Already the event has been sold out with all tickets sold in advance through the official website but that hasn’t stopped dodgy firms from selling non-existent tickets to desperate […]



Your clients have been dormant for months – are they still credit worthy?

Many of your customers may have been dormant due to furloughing and the lockdowns but when furloughing ends thousands of firms could go into administration. That means you may not get paid. Things have changed during the pandemic. Do a credit check on them first with Checkaco to see if they are still solvent. The ratings are poor, […]