The Web Check Offering and its Uses for SMEs
Published: 11 October 2012 By MoneyHighStreet Staff Leave a Comment
Many small businesses are already familiar with web check services, which provide detailed information for millions of companies registered in the UK. However, with so much information available, it’s sometimes hard to know what to look for or where to start.
What some businesses also don’t know is that you can browse Web Check via Duedil for free: this tool allows you to access comprehensive reports and information within a user-friendly interface that makes it easy to find what you’re searching for.
Let’s look at the type of information available as well as ways to use it to your business’s advantage.
Web Check contains data for over 8 million companies. Surely some, if not all of your competitors and suppliers will be among those listed! Here’s what you’ll find:
Company name(s): You’ll find a company’s current, dissolved, previous and proposed names.
Basic information includes address, contact details and how they list their nature of business.
Filing & Insolvency history provides a record of all accounts, annual returns and other documents filed since 1995, including turnover and P&L statements if filed. You’ll also see the number and type of insolvency cases as well as names of practitioners who were involved.
Company Reports range from current appointments to mortgage details, general information and more. At Duedil.com you can conveniently download PDFs of the reports that are of interest to you.
How can you use this information?
One of the most relevant ways that small businesses can use the Web Check service is to gain key insights on their competitors. Here are some suggestions to start your search:
Research new players in the market: If there’s a new business that’s popped up in your area, find out if it is likely to become a threat. View the company and its directors’ past history to see if they’ve been successful in the past.
Investigate suppliers: Thinking of switching suppliers? Do your research to ensure they have a good track record, and you could avoid having your business cash flow interrupted later on.
Benchmark your company: Perhaps most importantly, the data you collect about your competitors will be useful in determining how your company compares. How has your business fared through economic fluctuation vs. your competitors? What about web traffic – is it something you should focus on?
You can see how it becomes easy to analyse your competitors on many different levels when they data is so accessible. This type of comprehensive competitive analysis shows your true position in the marketplace, and also provides a starting point for planning ahead:, accessing Web Check information online for free is definitely one of the most efficient ways to get your hands on your competitors data.