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Wednesday 27 April 2011

British companies 'financially stronger'

UK firms were in better health at the end of the last financial year than they were at the start of it, according to the latest report.

Data published by Experian, which is based on the average financial strength of an organisation and the likelihood of insolvency, suggests that there was an increase in strength from 80.99 to 81.58 between the end of March 2010 and the same month this year, with mid-size faring particularly well.

Over the full financial year, the insolvency rate fell from 1.2 per cent to one per cent, indicating an improvement in fortunes for all organisations, including those employing people in sales jobs.

Max Firth, managing director of Experian, said that the signs of improvement in the average financial strength score of British firms are "encouraging", but warned companies to be cautious.

For all of the latest sales industry news visit www.aaronwallis.co.uk. If you are looking to hire in your sales team Aaron Wallis offer the UK’s most inclusive sales recruitment service which includes skills testing, psychometrics and a 12 month rebate scheme as standard. For Sales Director jobs visit www.aaronwallis.co.uk.

Posted by John Oak and Wayne BlyADNFCR-1617-ID-800513524-ADNFCR

Source: The Sales Director News

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