Issue 431 (Week ending 16/12/2020)

After weeks of negotiation and almost four and a half years since the EU membership referendum, the UK is about to officially leave the European Union in a matter of weeks, on the 31st January 2020 when the transition period finally comes to an end.

As talks continue with no sign of a deal, many fear a large negative impact will occur on both sides of the Irish Sea. Confidence has been reduced and uncertainty has increased, forcing Irish businesses to implement many different preparations.

A convenient and important tool our clients have found extremely helpful when preparing for Brexit is CRIFVision-net's UK company search facility.

Every UK Company

With a click of a button, every single UK company (including Northern Ireland) is available to view and analyse in order for you and your business to paint a picture of the stability of all your trading partners and how equipped they will be in the event of a no deal.

Our credit reports offer all the same data sets available in our Irish reports including:

• Credit Score
• Credit Limit
• Company Information
• Financial Information
• Director Information
• Judgement & Mortgages and Charges Search
• Persons of Significant Control (UK's equivalent of Ultimate Beneficial Owners)
• Latest company documents
• And much, much more...

As with our Irish company search, the majority of the UK's over 4 million companies have credit reports available instantly.

Not only this but all UK companies whether active or dissolved have a company report on the CRIFVision-net portal. Although company reports do not include financial information, they are great for confirming company details and include a wealth of information.

There is no question as to what makes a credit report so useful, doubt is minimised and risk is reduced. Now more than ever, with Brexit and Covid, it has become so important to perform due diligence on the UK companies that matter most to you. This feature, like many others are already included in your CRIFVision-net subscription, there is no activation required - simply login and begin searching as you normally would for Irish companies.

If you have any questions in relation to searching UK companies on Vision-net.ie simply call our helpdesk on 01 903 2660 or email: helpdesk.vision-net@crif.com