About us - we aim to assist small businesses validate potential risk by presenting real trading information to be made public.
Helping small business avoid risk.
At Know my client we use data from public records and data supplied by trading partners:
- If data is incorrect or requires updating contact us.
- Trading partner may submit references or post debt information.
- Persons with private or personal claims can publish them.
By combining our research and the information provided by users we aim to provide assistance in risk avoidance and prevent shell companies from obtaining and abusing credit.
By highlighting and publicizing bad practice directors and companies, rogue operators that cause of distress to suppliers can be avoided.
General
Even if you close your company, there are some circumstances when you could become personally liable for its debts.
Personal guarantees
Personal liability issues are most common among directors who sign personal guarantees for company borrowing. In that case, the creditor can pursue you for debts the company cannot pay on liquidation.
Overdrawn director’s loan accounts
If you borrow money from the company you do not repay, your director’s loan account becomes overdrawn. That becomes an asset of the company on liquidation and the liquidator may pursue you personally to recover the amount for the benefit of the creditors.
Director misconduct
You can become personally liable for company debt that would otherwise be written off if the liquidator finds evidence of director misconduct. Examples include paying connected creditors ahead of others, taking a high salary when the company is struggling, paying dividends when there aren’t sufficient profits and selling company assets to a connected party at a discount.
Trading while insolvent
As a director, as soon as you know or should know your company is insolvent, you are legally obliged to maximise your creditors’ interests. That usually means ceasing trading immediately and seeking professional advice from a licensed Insolvency Practitioner. Failing to do so could see you become liable for some of the company’s debts.
Mediation
Our mediation partners may be able to help contractors and suppliers to avoid costly time consuming court processes.
Publicity
By submitting debt information contractors can help each other by highlighting bad paying companies.
Legal Recovery
We can provide legal support in claims against directors and shareholders of liquidated or bancrupt companies.
Report a trading partner shell company or bad payer
The uk has the weakest corporate legal system that offers little protection from rogue companies, we together can make changes.
Start today highlighting
Directors of failed and un credit worthy companies can be reported on our contact form.
Frequently Asked Questions
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Who are Know my client?
Know my client are a group of business men and women who have surrfered losses by contracting with rogue companies that have either planned to evade creditors or operated multiple similar enterprises.
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What do Know my client do?
Know my client operate public web sites which provide information about directors and companies where rogue practices have occured or they are in default of due payments.
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Can anyone provide information?
Anyone who has engaged with a company or its directors who has true information about trading practices or lawful debt can submit details to know my client.
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Will data I provide be verified?
Know my client only publish online information supplied by users that can be verified and information that is already publicly registered.
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Who funds Know my client?
Know my client was established as a non for profit enterprise, its still is and funded only by donations from users.
Our Partners
Our parners are private businesses and sole traders who wish to operate in honour ovoiding bad operators and naming and shaming those who fail to settle debts.
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Contact Us
If you would like to get in touch with us regarding any of our products or services, including make any enquiries, please use the contact form below or reach out to us on social media.
Know My Client
You can interact with us on social media and find out about our latest offerings using the following links.
England
Contact Form