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
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 as demonstrated by the following graphic.
The following graphic contrary to how others are interpreting the data also indicates Quindell have a very good rating.
The rating being 98 out of 100. In other words excellent.
It is easy to see with ratings like these why Slater and Gordon are interested in the business.