Credit Reporting


Whether allocating credit accounts to new clients or simply keeping an eye on existing clients information is the key. Coltrac currently work with many businesses who use the reports we produce to enable them to make an informed decision when allocating credit.


If your client/customer is in trouble and is not going to be able to pay you are the last person they will inform. For many businesses, the first they hear about a debtor being in trouble is when they get a letter from the administrators or liquidators. For this reason we  offer a monitoring service which enables our clients to see any changes in corporate structure, any CCJ's or High Court Judgements, Winding up Petitions, changes in credit score for their customers. This gives them a vital head start against other suppliers which may be owed money. They are then able to pursue outstanding monies either internally or through our debt recovery service.


We have also acted on behalf of managing agents who need to show they have performed due diligence before letting a commercial premise to a prospective tenant. Alongside the company credit report we can also advise on whether or not it is worthwhile gaining a directors guarantee.