Whilst 341,006 companies are part of a group structure, only 13,551 file consolidated accounts. So although on the surface a company might seem eligible for CBILS, if they’re part of a group and are not filing consolidated accounts, further checks will be necessary to ascertain whether or not they are eligible for the scheme. We have introduced new warnings to V2 of our CBILS Eligibility+ Endpoint to highlight flags such as this to enable our customers to better assess business suitability for support.
DueDil Insight: (Covid-19) Companies in Group Structures Filing Consolidated Accounts
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