The Finance Performance Indicator (FPI) History predicts the likelihood of a company defaulting on a CCDS facility within 90 days. The FPI History only uses data supplied through the CCDS scheme and predictions relate only to the CCDS facilities. The probability is shown in the range 0-9, with 0 being most likely to default, and 9 being least likely.


From 29th October 2026, the FPI model has been refreshed, utilising newer data and incorporating new features making the model more powerful. This model will be used going forward with all the historical FPIs remaining from the original model. Whilst the model has been updated, the scoring and trends remain very similar. 


Key Changes from 29th October 2026

  • New enhanced model utilising more data from the CCDS scheme.
  • Previously, all companies needed 10 months of consistent data before being eligible for a score. This has been changed to 7 months of data enabling faster access to an FPI score.
  • Credit Card data is now considered when generating the FPI score - the old FPI model only used loans and current accounts.
  • Companies that don’t have a current account supplied to us but do have a Credit Card or Other Financial Item will now be eligible for an FPI score, provided we have 7 months of continuous data.
  • Companies that default will no longer get 0 scores automatically - the new FPI model will use the previous default when predicting the risk of default.
  • Dash icons will appear for companies with an adverse company status, for example, companies that are in liquidation or entering administration, being dissolved, or are no longer trading - the score was previously capped in the old FPI model in these conditions.  


Please note that the new FPI will not replace historical FPI scores.


Criteria for FPI score

Old Model

  • At least one current account.
  • The current account data should have at least 10 months of continuous history.

New Model

  • At least one Current Account, Credit Card, or Other Financial Item
  • The facility must have at least 7 months of continuous history.


The FPI scores are banded into the Red, Amber and Green as below:


Indicator Number

RAG Score

0, 1, 2

Red

3, 4, 5, 6

Amber 

7, 8, 9

Green 








The scores in these bandings can be generalised to generally match these characteristics:


RAG Score

Indicator Score

Typical characteristics

Red

0, 1, 2

  • Company may have strong decline in financial performance
  • Company may have missed numerous payments
  • Company may have very high utilisation of credit card and/or overdraft
  • Company may have high debt to cash ratio
  • Company may have numerous higher risk facility types, i.e. numerous high value loans

Amber

3, 4, 5, 6

  • Company may have some decline in financial performance
  • Company may have missed some payments
  • Company may have moderate utilisation of credit and/or overdraft
  • Company may have moderate debt to cash ratio
  • Company may have higher risk facility types

Green

7, 8, 9

  • Company may have consistent/strong financial performance
  • Company may rarely/never miss payments
  • Company may have consistent low/moderate utilisation on credit card and/or overdraft
  • Company may have strong debt to cash ratio
  • Company may have no/less higher risk facility types


Scores and Probabilities

The scores relating from the probability of default from both models remains the same between the two models.
 

FPI Score

Chance of Default in 90 days (%)

0

>=53.5

1

50.3

2

29.9

3

23.6

4

7.7

5

2.4

6

1.2

7

0.4

8

0.1

9

<=0.05

 

Refreshed FPI Links with Insolvency

Whilst FPIs are not specifically targeted at predicting insolvencies, there is a link between the FPI and a company’s chance of insolvency. Below is a look at the distribution of companies that became insolvent between June 2025 – June 2026 and what their refreshed FPI score would have been in May 2025.


Banding

Percentage Insolvent

Red

38.2

Amber

14.1

Green

9.9



What is the difference between the credit score and the Finance Performance Indicator?

The Creditsafe Credit Score predicts the likelihood of a business failing over a 12-month period whereas the Finance Performance Indicator predicts the likelihood of a company defaulting on a payment on a CCDS facility within the next 90 days.


The Creditsafe Credit Score is influenced by factors such as CCJs, payment data, financials filed, business sizes, industries and director changes whereas the finance performance indicator uses key data points provided to us via the CCDS scheme.