November 29 2011

Insight like never before - Quarterly Reports from Red Flag Alert & dbs

This quarter has seen a considerable increase in Critical Financial Distress across many UK sectors - which in turn is creating a knock-on effect in other industries.

dbs' stategic alliance with Red Flag now brings you the quarterly report that monitors a series of indicators of company distress. This report is a crucial tool for anyone looking to gain an invaluable insight into risk assessment.

The Q3 2011 report has shown amongst other things that:

• The travel and tourism industry sector is coming under increasing pressure with further insolvencies inevitable; there has been a 49% increase in companies facing 'significant'financial distress when compared with Q2 2011
• Across all sectors there has been a 23% increase 4 in 'critical' financial distress during Q3 2011 when compared to Q3 2010
• Companies with critical financial distress have liabilities of £62.5 billion during Q3 2011
• The deteriorating economic conditions resulting in the evaporation of consumer confidence has resulted in a 7% quarter-on-quarter rise in significant financial distress in the general retail sector
• Year-on-year, a range of sectors continue to show increasing levels of 'critical' distress: up by 41% in the construction sector; by 53% in the Property sector and by 92% in Support Services.

Click here to view the report