Following several requests from both current and prospective clients, we’ve expanded our Advanced Search tool to allow users to identify changes over time in a company’s financial statement. For example, a 50% growth in turnover over a 2 year period, or a sudden jump in a company’s pre-tax profits.
Searching for changes over time is particularly useful for businesses operating in sectors such as recruitment or office space provision. Using our new feature they’ll be able to quickly analyse employee growth rate amongst Britain’s high-growth sector, helping them predict when they should approach the company with new offers or services.
Essentially, this update lets our users apply their own measures of growth to a company’s financial statement. Say, for example, you were trying to find the next big mobile app developer to invest in. This can be a lucrative sector – King Digital Entertainment, who developed the popular app Candy Crush, displayed growth in turnover levels of nearly 500% over one 12-month period. Combined with our sector matrix, you would be able to search for companies which develop mobile apps and have displayed a certain amount of turnover growth, plus much more.
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For current Beauhurst subscribers, you can contact our account management team at am@beauhurst.com or 020 3422 8150 for more details once the tool is released.
If you don’t currently hold a Beauhurst subscription, but want to find out more about how our platform can help your company thrive, click the button below:
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