A great amount of new agreements being signed is making it necessary to carry out thorough research on potential partners. This is an important step to avoid possible financial risks and protect one’s company from unreliable partners. By carrying out a director search, one obtains information regarding the company’s past and present directorships which may help assess perspectives of business cooperation with a particular director. Here are a few steps one needs to take to access the necessary report.

Step 1: Find a report provider

Choosing a good report provider is very important as it can help avoid purchasing poor quality reports which are difficult to grasp. The easiest way to find a report provider is to conduct an online search. Yet there might be thousands of relevant hits so it’s necessary to narrow the choice. Looking for information on individuals, who are in charge of UK and Irish companies, one should choose a director search provider based in the corresponding area. As far as UK and Irish companies are concerned, it can be recommended to check where data for reports derives from. Reputable report providers cooperate with such respected institutions as Companies House, Registries Trust, The Irish CRO and others which ensure the highest level of accuracy.

The next stage is to compare prices. The average price for a report should be reasonable as none of potential buyers wants to spend a fortune. Some companies, providing a live director search, drive prices downwards by forcing more sales. This is achieved thanks to tiered packages which allow buyers to get a few reports at a reduced price. They choose the necessary Tier level, top up their account balance and can buy reports at the corresponding price. A time frame for using tiered packages is not limited; clients can purchase reports as long as the account balance is positive. Once it’s not, customers can top it up again or move to another Tier level at any time.

Step 2: Find the necessary report

Reputable report providers allow customers to make use of a live director search of the register of directors for free. The search can be conducted by individual names and surnames as well as by the area where they work. Using search tools, customers can view how many directorships target individuals have had since quality director reports provide the most comprehensive information on live positions, resigned positions and positions held in dissolved companies. Personal details are also included; however, reports cover only fields related to one’s position as a director. It’s worth mentioning that currently reputable report providers, operating in the UK and Ireland, can ensure up to 99.6% of report accuracy level and reports, stored in their databases, cover as many as 2.5 million companies.

Step 3: Order reports

Having completed a director search and chosen the necessary report, one needs to proceed with payment procedures. Payment can be effected by credit cards or debits from Tier accounts. Account holders get instant access to purchased reports and can view them on the screen, print or download in the PDF or TIFF formats.