Value | Description |
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X | Business not registered – general information available and unable to verify information. Official verification could not be determined, contact could not be established or not enough information for a credit rating |
0 | The company no longer exists, it is declared inactive, it is revoked or dissolved, or merged into another company |
1,2 | The company is in bankruptcy or in liquidation or. Chapter 7 |
3 | The company is in receivership or Chapter 11 (could proceed to liquidation or recover) |
4,5 | Many incidents of payments, legal actions registered major difficulties with partners, bad financial ratios. |
6 | Weak financial and commercial structure, many irregularities of payments, bad reputation and other cross references, like debt collection. |
7 | Weak financial structure, no credit history, no payment experiences, Company is suspended by the Register for non payment of taxes/fees – but still trading, no negative |
8 | Emerging from bankruptcy or a Chapter 11 |
9 | Weak financial structure, low credit history, some payment irregularities, or young company (less than 18 months) |
10 | Stable commercial structure, no financials, no credit history, no negative. Domicile companies (no local activity) etc. No negative |
11 | Stable financial and commercial structure, low credit history, no negative. |
12 | Good financial ratios (where available) indebtedness controlled, no legal actions or debt collection, the activity of the company is developing in regular ways. |
13-14 | The company has good credit history, no legal actions or debt collection and good financial and commercial structure, indebtedness is controlled, profitable, payments are regular. |
15-16-17 | Very good financial and commercial structure, the company is well regarded by its trade partners, the company is part of a large strong group, the company has good solvency and can face its obligations. |
18-19-20 | Minimum risk; solid financial structure. |