Sixty Days of Risk on Every Invoice
Open account terms make every supplier a lender. Simunix supports trade credit risk management with company credit reports, group structures and director histories drawn straight from the Companies House register.
Request a DemoWhy Trade Credit & Supplier Risk matters
A B2B invoice on open account terms is an unsecured loan in everything but name. The customer takes the goods now and promises payment thirty or sixty days later, and the supplier carries the gap with no collateral behind it.
Insolvency rarely gives trade creditors notice. The warning signs sit in the public record, in late filings, new charges and resigning directors, but only for those who look, and few credit managers have time to read the register company by company.
Supplier risk runs the other way up the chain. A sole-source supplier entering administration halts production as surely as a customer default halts cash flow, so B2B supplier risk assessment has to cover both directions of trade.
How Simunix solves it
Every judgement starts with the register. ORBIS searches the full Companies House register across all 24+ company types and every status state, from active trading through liquidation and administration, so a counterparty's true position is never more than a search away.
Multi-section company credit reports add what a credit limit decision needs, pairing financial depth with real-time risk scoring. Mortgage index records reveal existing charges, filed documents show the history, and director appointments expose track records that stretch across previous companies.
Because the data is sourced directly from Companies House and updated continuously, reviewing a ledger of customers and suppliers means checking today's register, not last quarter's snapshot. Credit limits, payment terms and supplier reviews all rest on the same current evidence.
Key benefits
Every company type, every status
No counterparty falls outside the search, whatever its structure or status. A quietly changed status or an unusual entity type cannot hide a failing customer.
Credit reports built for limits
Multi-section reports put the rating, the filed accounts and the surrounding group on one page. Credit managers get a documented basis for every limit and term granted.
Early signals from filings
Filed documents, mortgage index records and director changes surface distress before the default arrives. The register tells the story months ahead of the missed payment.
Group structure visibility
Reports show where a customer sits within its wider group and where the liabilities actually rest. A strong parent brand stops disguising a weak trading subsidiary.
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