Supplier Risk
Assess supplier financial risk before it becomes your problem
A supplier's failure mid-contract costs far more than a check before signing. FirmVerdict gives procurement and commercial teams filed-evidence indicators and a documented decision trail.
A realistic supplier risk workflow
- Search the supplier and review their filed accounts: turnover trend, margins, net assets
- Check red flags: late filings, shrinking equity, sustained losses, audit qualifications where present
- Compare against peers in the same SIC code and size band
- Record your decision with a Decision Passport — a timestamped, tamper-evident snapshot of the evidence you relied on
- Save the supplier for monitoring and get private alerts when filing metadata changes
Built for procurement evidence
When a stakeholder asks why a supplier was approved, the Decision Passport shows what you knew and when: the figures, the source filings and the timestamps. That is the difference between an opinion and a documented decision.
Practical limitations
Filed accounts are backward-looking and can be months old. Small suppliers may file micro-entity accounts with limited disclosure. FirmVerdict shows you exactly what was filed and how much confidence to place in each figure — but a filed-accounts check is one input to a supplier decision, not the whole decision.
Know the company. Understand the risk. Document the decision.
Search any UK registered company and see the filed evidence behind the numbers.
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