DIY Due Diligence
Like many things, you can DIY (Do It Yourself) your Due Diligence. Although I wouldn’t recommend it for a high-risk client, or company. Unless you really know what you are doing and what you are looking for.
Here’s a few things you can do;
Check for insolvency (UK related but some foreign nationals can pop up).
Check UK Companies House – make sure you look at the filings.
European eJustice register of EU companies
Check your favourite search engine! Use exact phrase and keywords such as location otherwise you may be overwhelmed with returns.
So, try entering your name first, then try entering your name like so “your name”, (this is called an exact phrase search). Note how the search results reduce in number and improve in quality. Then add a location or business name.
I hate seeing anyone being ripped off and doing the basics might just help you avoid the trauma and trouble of pursuing a business debt.
If you want to make the whole process easier why not consider Investigation Engine as your platform of choice. Revealing the realities, reducing your risks.
Colin Tansley
CEO Intelect
