Monthly Archives: July 2014

If a change happens within a company, how long until I can buy an updated company credit report?

How long does it take for a change to be reflected in a report?

As we’ve previously blogged about, company reports are not “live”. Once they’ve been purchased they remain static. If a change does occur to a company (our Company Tracker service notifies you in such instances!) and you would like to purchase an updated company credit report, we recommend waiting roughly 3 days from the change.

This post was by Mathew Aitken at MadeSimpleFind Mathew on Google+

Do Company Credit Reports include industry information?

Company credit reports can include industry information if an annual return has been filed

They can do. If a company has filed an annual return, a company credit report will include the SIC code (Standard Industrial Classification code) for that company. This is a five figure code that defines what industry a company operates in. Company directors select this code when filing annual returns.

The usefulness of the code depends on how specific directors choose to be (multiple codes can be selected); some codes are vague (82990: Other business support service activities) whilst some are detailed (77351: Renting and leasing of air passenger transport equipment).

If a company has filed an annual return – you can check what’s been filed on the company details page – the SIC code will be displayed under “Base Information” on the first page of the company credit report:

For more information on what is included in our company credit reports, take a look here:

Compare reports

This post was by Mathew Aitken at MadeSimpleFind Mathew on Google+

Why do Company Credit Reports have an expiry date and Company Documents don’t?

Company Credit Reports expire after one year whilst Company Documents don’t have an expiry date

Good question. If you are an existing Company Searches Made Simple customer, you may have noticed that when you’re logged into your account, Company Credit Reports have an expiry date whilst Company Documents do not:

Company Credit Report

Company Document

Why is this?

Because Company Credit Reports are static once they have been purchased, any changes that happen to a company after a report has been purchased on it are not reflected in the report. To ensure that your account does not have completely outdated reports in it, we remove them after one year. Company Documents on the other hand do not date. They will always reflect a particular action in a company’s lifetime.

See here for more information on our Company Credit Report and our Company Document services.

This post was by Mathew Aitken at MadeSimpleFind Mathew on Google+