Simplex Systems

Stand: Y9
Technology
Cover image - Simplex Systems

Need a new supplier yesterday? You don’t have three weeks for background checks.

With PICL, find a resilient supplier, not a hidden liability, in minutes.

Picking the wrong supplier can cost you money, time, your good name, and your customers. One bad choice can break your business.

PICL is a UK business resilience intelligence platform: it combines company, industry, location, environmental, infrastructure, and demographic data, drawing on over 15 billion data points from more than 15 government sources including Companies House, the Environment Agency, and the ONS, to show whether a supplier is solid or a potential liability, in minutes.

With PICL, you can:

Be sure they won’t vanish tomorrow
Find out if a company is built to last or at risk of folding. See how long they have traded, whether their industry is growing or dying, and whether they have closures or a troubled past on record. You can pay a deposit knowing they will not vanish tomorrow.

Identify potential liabilities

PICL finds the risks that basic company checks don’t even look for:

People: banned or disqualified directors, “phoenix” directors who sink a company and reopen under a new name, offshore ownership, other companies controlled by the same directors, and sanctions, PEP, or watchlist hits.

Industry: a declining sector, weak business-survival odds, over-concentration in one region, and industry-specific vulnerabilities.

Company: secured charges and debts, overdue or missing accounts, compliance red flags, and adverse diligence signals.

Location: high crime, falling or churning population, affordability stress, homelessness, nearby repossessions, flood risk and past flood events, noise, poor air quality, pollutants, unstable ground and subsidence, plus nearby sewage works, brownfield or contaminated land, water discharges, waste operations, historic landfill, industrial installations, licensed waste sites, vehicle dumps, radioactive sites, scrap-metal sites, and waste exemptions.

Skip the weeks of research or the big bill
Do not spend hours digging through registers or pay hundreds of pounds to an outside consultant. Type in the company name and have the full report on your screen in minutes.

Fix your broken supply chain rapidly
When a supplier lets you down, your business does not have to stall. You can check out a resilient replacement fast, protect your deadlines, and keep moving.

PICL is built by Simplex Systems, simplifying complex public records into a picture any business can act on with confidence.

Visit Stand Y9 for a free company risk profile

TBS Sectors

  • Technology
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