Using Creditsafe data as well as third party data, the score is continuously calculated to provide an up-to-data score prediction for every UK company.
Creditsafe 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 high risk to very low risk.