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What is our methodology for identifying Rapid Succession companies?

Company Watch have considered the following:

  • Access every new incorporation in a 2 year window (3 months before company distress and 2 year after company distress)
  • Exclude LLP members
  • Set Aphrodite 80% confidence cut off
  • Include Administrations, CVAs, CVLs, compulsory liquidations, receiverships
  • Remove linkages with more than 50 appointments
  • Linked officers have to make up >25% of the Rapid Succession board (which considers the number of directors appointed at the Rapid Succession company 6 months after its incorporation)