HM Court Applications are applications to the Courts where companies have applied for a moratorium. The moratorium gives struggling businesses a formal breathing space to pursue a rescue plan. It creates a moratorium during which no legal action by creditors or any other parties can be taken against a company without leave of the court. 

Companies with this negative information will be shown on the banner at the top of a company report, where you can click on View More for more details.

Our analysis has found companies are applying for the following notices.

This data acts as an early indicator of a company’s potential failure and in many cases this information is not available in the public domain. From our analysis, in many cases the data is being delivered up to 2 weeks prior to any official notices being published at the Gazette / Companies House. This will give our users time to prepare and give them a greater insight into the business and the potential notice at stopping new / further credit terms before an official insolvency notice is filed. 

An example of these notices is below. The company filed a Notice of Appointment to appoint an administrator on January 7th 2022, Once this was received, we immediately moved the company’s score to non-creditworthy. This notice was received almost 2 weeks prior to the official notice was published in the Gazette on January 18th 2022. 

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