Unsecured Creditors need specialist risk management solutions to help protect them from future losses.
At InfolinkGazette, we add around 120,000 new unsecured creditors every year with losses totalling more than £3 billion.
Reach out to your prospects in their hour of need - after they have suffered an unsecured credit loss.
InfolinkGazette (ILG), a trading style of Connell Data Ltd is a commercial data collection bureau, supplying commercial risk and opportunity data to its clients, together with the tools required to maximise the value of the data. Distribution is primarily through information re-sellers, such as Credit Reference Agencies and Data Aggregators, but also to end users of information in the Credit Insurance, Debt Recovery and Insolvency sectors
ILG started out by collecting, and digitising all the information available on UK and Irish Insolvency appointments, and in particular, the UK unsecured creditors listings, which are used for both risk management purposes and identifying opportunity. More recently, ILG diversified data collection strategy to cover a wider range of commercially available information, all sourced from data that isn't available in a practical digital format, but continued to concentrate on their core customer requirements, providing information suitable for credit risk assessment or prospect targeting
ILG also provide bespoke product development, software solutions and hosting services, for their data customers, including: Case Management Systems; Credit Scoring & Decisioning Systems; APIs and online portals
When you need to know a more, additional prospect information is just a click away, you can request reports showing:
InfolinkGazette allows you to search creditor information by debtor (the company in liquidation):
Simply switch to the View Debtors Screen to search the entire unsecured creditor database by debtor and get lists of all the creditors associated with each debtor
Unsecured Creditors need superior risk management solutions to help protect them from future losses.
At InfolinkGazette, we add 120,000 unsecured creditors a year with losses totalling more than £3 billion.
There is never a better time to approach a prospect than after an unsecured credit loss.
04th April 2023 - Quarterly Review
New analysis from InfolinkGazette shows a continuing increase in the number of Insolvencies and Profit Warnings being reported this quarter.
Profit Warnings in Q1 2023 were up 19% from 96 in Q4 2022 to 122 in Q1 2023.
Compared to the same period last year, Profit Warnings have soared by 64%. 122 in Q1 2023 compared to 74 in Q1 2022.
We have seen a big increase in companies revising previous guidance downwards, just 17 companies revised guidance downwards in Q4 2022, this increased to 37 in Q1 2023.
Twice as many companies attributed lower profit guidance to inflation driven cost increases and reduced consumer spending.
The number of debtor driven filings, 525 in Q4 2022 was up by 17% to a total of 618 in Q1 2023. An increase of over 36% when compared to 398 filings in Q1 2022.
As expected, we saw that Notices of Intention to Appoint an Administrator (323 in Q1 2023 vs 251 in Q4 2022) and Notice of Appointment to appoint an administrator (216 in Q1 2023 vs 195 in Q4 2022) make up most notices filed.
Initial Stage Winding Up Petitions:
In Q4 2022 there were 1314 petitions, Q1 2023 saw this number continue on its upward trajectory increasing by 13.6% to take the number of filings in Q1 2023 to 1494.
S. Kaler, Head of Data & Operations at InfolinkGazette commented:
“The increase continues to be driven by HMRC actioned filings. At the end of Q1 2022, just 10% of all Winding up Petitions had been brought by HMRC, that figure increased to nearly 30% by the end of 2022. In Q1 2023 filings actioned by HMRC made up 41.5% of all winding up petitions”.
InfolinkGazette collates this information and provides it to our clients as soon as it is available. For more information visit our website: www.infolinkgazette.co.uk or write to us at: firstname.lastname@example.org