Small companies have a ‘Disclosure Threshold’ which means they do not have to file profit and loss information (including turnover) with Companies House.
Is this a problem?
Yes. Many of you purchase our company reports because you want this information. Unfortunately there’s nothing we can do in regards to providing the information if the company has not filed it.
However, thanks to your feedback …
We now notify you before a purchase is made if a company has not filed profit and loss accounts, therefore stopping your from buying a useless (to your needs) report.
Where does the warning appear?
This information is provided on the ‘Company Details’ page in the ‘Accounts last filed’ field. All customers see this page before they can proceed with a purchase. The exact note that will appear is “NB. Company did not file profit & loss account”.
Thank you!
It’s thanks to your feedback that we made this update. If you have any more ideas about how we can further improve our company credit report services please contact us.
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Mathew Aitken
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