Creditor Data

We’ve enhanced the Company Watch platform with a major upgrade to creditor visibility. You can now access All Creditors data sourced directly from a distressed company’s Statement of Affairs, giving you a clearer and more complete view of a company’s financial obligations at the point of insolvency.

Previously, creditor insights focused mainly on Unsecured creditors (such as trade suppliers). With this update, we now provide visibility across six creditor categories derived from the Statement of Affairs, helping you understand who a company owed money to and the priority of those debts when insolvency proceedings began.

Why This Matters

Seeing the full creditor picture helps you assess financial risk more accurately. For example, a company may appear to have minimal trade debt but could still carry significant liabilities through bank borrowing or intercompany loans.
Because this data originates from the Statement of Affairs submitted during insolvency proceedings, it provides a structured snapshot of all known liabilities and their ranking at the time of distress.

With this update, you can quickly identify:

• Secured lenders such as banks or invoice finance providers

• Statutory debts including HMRC and employee-related obligations

• Trade creditors like suppliers and utilities

• Group company loans and internal funding dependencies

• International creditors indicating overseas supply chain exposure

• Other accounting liabilities, such as accruals and expenses

Understanding this pecking order of debt, as reported in the Statement of Affairs, is crucial when analysing a company’s financial position and potential recovery outcomes.

The Six Creditor Types

The new dataset includes:

• Secured – Creditors with legal security over assets (e.g. banks)

• Preferential – Statutory priority creditors (e.g. HMRC, employee wages)

• Unsecured – Trade suppliers and service providers

• Associated Company – Parent or subsidiary company loans

• International – Creditors registered outside the UK

• Other – Accounting liabilities such as accruals or expenses

How to Access the Data

You can view creditor data directly in the Company Watch platform:

1. Health Profile Alert
   Look for the yellow notification flag in the Health Profile

2. Company Info → Creditors
   Use the LHS Navigator after searching for a company.

3. Filter, Sort, and Export
   Use the Creditor Type filter to analyse specific creditor groups or export the full dataset to Excel for deeper analysis.

    

   This enhancement provides greater transparency into insolvency-reported liabilities, helping you identify financial risk and creditor relationships more effectively