Solvencywatch tells UK construction and trade firms which suppliers and subcontractors are financially sound before a deposit goes out — and keeps watching after, so a payment run never lands on a company that's about to collapse.
Most mid-sized firms pay deposits and stage payments to dozens of subcontractors and suppliers without a way to see who's actually financially stable. There's rarely a risk officer, and running credit checks on every supplier by hand doesn't happen — until a payment has already gone out to a company that folds the following week.
of UK businesses report being hit by a recent cash flow problem — with late or failed payments from customers cited as the single biggest cause.
is the average retention a main contractor loses when a subcontractor above them in the chain becomes insolvent — money that's simply gone, not delayed.
Send us your current supplier or subcontractor list. We check financial health, credit history, CCJs, and beneficial ownership on each one, and hand back a clear Red / Amber / Green report.
Every supplier on your register stays under ongoing watch. If a credit score drops, a CCJ is filed, or an administration notice appears, you hear about it before the next payment run.
When something changes, we help you act — sourcing vetted alternative suppliers, or advising on payment terms with a supplier that's become a risk.
No jargon, no raw data dumps. You get a clear report and a plain-English digest, not a spreadsheet you have to interpret yourself.
Built around payment timing. Alerts are timed to when it actually matters — before a deposit, before a stage payment — not just a monthly summary.
No long contracts. Start with a single audit and decide from there whether ongoing monitoring is worth it for your supplier base.
The fastest way to see if this is worth it for your business is a short call — we'll look at how many key suppliers you rely on and what an audit would realistically cost. No pressure, no long pitch.