It helps when looking at a company to get an external view of what risk professionals think about the business.
Dun and Bradstreet are experts in this field.
The D&B rating for Quindell can be summarised as follows:
1. Minimal Risk
2. Excellent Credit limit suggestion of £11.8m
3. Risk rating – 5 star (i.e superior to other firms in the industry).
4. Significant legal proceedings or events against business – none
You couldn’t get a better rating. This is yet another indicator that the current share price doesn’t reflect the businesses performance.
Please go to the D&B website if you want their ratings for any Quindell business. Obviously if you look at a D&B rating for a dormant Quindell company this will be reflected in the rating.
I’m interested in the Quindell Group so that’s the most important rating to me as an investor.