Probability of Distress (PoD®) – Company Watch
Company Watch has launched Probability of Distress (PoD®), a machine-learning score that estimates the likelihood of a UK company entering financial distress, such as administration, a CVA or liquidation, within the next 12 months. Scores based on filed accounts alone only change when new accounts arrive. PoD® also draws on live signals such as County Court Judgments, petitions and filing behaviour, so it updates as events happen. The article explains how the percentage score, risk bands and contributing factors work. PoD® is available to Company Watch Gold subscribers.