Transforming Business Credit

Ratings
Credit Insight, Credit Improvement and Monitoring Solutions

Strictly Private & Confidential

April 2024
Agenda
• About Lightbulb

• UK Credit Rating
backdrop

• What we do

• Case studies

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About are the only business that provide data from all
Lightbulb

• First and only business in the UK to

provide the services we offer

• Trading for over 6 years

• Backed by Foresight Group, one of the

UK’s largest PE funds

• ISO 27001 accredited

• Market leading experts and specialists

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What we do…… Insight, Improvement and Monitoring

Insight Improvement Monitoring

Who we are? The team….

James Piper – CEO & Founder
Olek Smith – COO
Jamie Timms - Senior Analyst
Adrian Crean – Chairman
Nick Owers – Partnerships Director
Ray Harris – Foresight Investment Director
Richard Abbot – CFO (Part-time)
Mark Doleman – Ex-Deloitte Partner (Investor &
Shareholder)
Ian Green - Ex-PWC Partner (NED & Shareholder)

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Our Unique Credit
Insight Report
Our 3-page Credit Insight report shows:
• Current Ratings and Credit Limits
• Max and Min these have been (12-
months)
• Volume of credit searches on each
agency
• Payment adherence
• CCJs on the business’ file
• Other useful information, e.g. filing
dates
To request a report, please complete the
form on our website or email me at
James@Lightbulbcredit.com

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Pre-filing
As our client neared the submission of challenging financial accounts, they
This is where a company has faced a significant threat to their working capital. Lightbulb swiftly
entered a restructuring supported, giving the agencies in-depth explanations around the results
process and the information and more recent financials for assessment.
in the public domain is still
positive
Prior Rating 79/100 92/100 64/100 94/100
The filing impact is yet to hit
the market… Post-filing Rating 72/100 15/100 30/100 68/100

Improved Rating 79/100 100/100 40/100 81/100

Prior Credit Limit £9.95m £3.5m £3m £9m

Post-filing Credit Limit £1.5m £0 £0 £4.2m

Updated Credit Limit £3.8m £4.5m £2m £6.4m

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Post-filing
This is where a company has
entered a restructuring
process and the information
in the public domain is
negative.
The filing impact has hit the
market… Prior Rating
A client came to us as they were aware of suppliers cutting limits
following their recent filing which contained a significant value of
loan notes.
Their investor had since converted a proportion of this debt into
Equity improving the net asset position significantly. The accounts
showing the conversion would not be made public for over 12
months. Lightbulb were able to present the YTD info achieving the
following:
67/100 54/100 72/100 54/100

Post-filing Rating 21/100 15/100 30/100 16/100

Improved Rating 82/100 100/100 71/100 74/100

Prior Credit Limit £2.3m £1.3m £2.5m £3.25m

Post-filing Credit Limit £1,000 £500 £0 £0

Updated Credit Limit £4m £5.2m £2.1m £5.4m 7

Scenario work
We can share a variety of
likely of “post-transaction”
outcomes and exactly
provide the impact of each of
these.
Enabling boards, owners and
investors to understand
working capital impacts
A client operating nationwide carparking services came to us as
they were planning on paying a dividend to reduce an interco debt.
As they were unsure reliant on strong credit limits, they wanted our
help to determine the impact paying three different levels of
dividend would have prior to making a decision.
We presented the three scenarios to each of the agencies and
within three days were able to provide detailed feedback to the
client.
Our work enable them to choose the level of dividend that ensured
supplier terms were maintained.
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This all sounds
too good to be • Yes, we face scepticism…..
true • We have helped several thousand companies
• Innovators in this space • We have delivered over £3bn in improved supplier
• Tech-driven solution terms (liquidity)
• Automation and AI at the heart of
what we do • We have enabled over £700m of funding through
• No footprint rating improvement work
• Exclusive contracts with most of the • The QR code you have will generate a report that we
agencies
can discuss
• Tried & trusted partner
• PE backed • Nick and I are here all day so please come and ask
• ISO 27001 certified us any questions

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Access our
Information &
Services
Request a free Credit Insight report now
by using the QR code on the collateral or
visit:
www.lightbulbcredit.com/lightbulb-ift-
free-credit-insight

Alternatively, feel free to email me with

the company name
James@lightbulbcredit.com
Lightbulb’s Credit Insight Report is:

Lightbulb are here to help IFT members
and partners in a challenging business
backdrop.
• Free to access for partners IFT members
• High value content in a concise, professional report
• Risk-free and leaves no footprint
• Empowering key decision-makers to overcome obstacles 10
ABOUT US

The company credit

rating experts

Thanks for taking the time to learn

more about Lightbulb.
Get in touch
Should you require any additional Call us
0115 6970825
information, please do contact me on:
Email us
James@Lightbulbcredit.com enquiries@lightbulbcredit.com
Bramley House, Bramley Road,
07540 814802 Long Eaton, Nottingham, NG10 3SX