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News

Financial health rating service offered by Plimsoll

Plimsoll Publishing : 24 September, 2009  (New Product)
Keeping track of business partners in the security industry is becoming more important, a process that can be assisted by Plimsoll's new rating service
Companies in the Security industry know better than most the importance of keeping a close eye on other firms they do business with. After all, is there anyone in the market that hasn't seen a supplier, customer or key competitor that has gone out of business in the last 18 months?

Business Analysts, Plimsoll have launched a new service that allows companies in the Security industry to get a financial health rating on the companies they trade with.

David Pattison, senior analyst and architect of the new One Page Analysis service explains the benefit of knowing about the companies you are dealing with, "As a result of recession, 1 in 3 British companies are selling at a loss. Such has been the rate of decline at some companies; even your most reliable customer from 2 years ago may now be considered a big risk".

Pattison continues, "We have analysed 250,000 companies as part of this unique service and the numbers are staggering. At a basic level, if you have 10 key customers, chances are that 3 of them are in financial difficulty. The same rule applies to your suppliers and competitors. Even the company that supplies the office toilet rolls could be in trouble".

"We launched the One Page Analysis Service so that decision makers can have access to instant assessments of the companies they deal with. We provide a fast, reliable analysis that will give you key intelligence on an individual company on a single page. Whether you are vetting a potential supplier, assessing a key customer or monitoring a competitor, wouldn't you like to know if they are in financial difficulty?

Simply visit Plimsoll's web site and search for any company you are interested in. Readers of ProSecurityZone can get a free analysis of their own company when they purchase their first analysis. Simply enter the code: OPA1 on the on line order form.

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