What Is Qynn Score?

Qynn score was developed as an immediate indicator of company solvency. In the case of individuals, Qynn score accurately and reliably tracks performance whilst they are an acting business director.

With a simple 0-100 range, Qynn score gives you a focused and accurate snapshot of individual and company performance. However, owing to the time delay between company filing and company reporting, Qynn score is not intended to replace due diligence or supplier management metrics. We would always urge respective understanding of a given company’s finances since submission.

How does it work for companies

For companies, a higher Qynn score indicates that greater confidence may be placed in a company’s ability to repay debt. A score between 0-49 represents an inability to repay debts and should be treated as a going concern. A score of 50, accordingly, specifies a level of assets matching the current level of debt. Any company with a score of 51 and above indicates solvency and the ability, at the time of submission, to meet obligations with funds to spare.

How does it work for individuals

Forindividuals, the principles applied to companies are applied to a local, director level: individual or collective company scores are taken, and the values assigned to the individual directors. Similarly, a higher score indicates better performance and greater solvency of the company or companies under a director or group of directors. Historical performance is tracked and aggregated in order to provide a single score for each director.

How do we do it?

Qynn score is made possible by the level of granular and historical performance data that we hold on every company in the UK. Qynn’s sophisticated algorithm computes data and financial performance as reported and applies several criteria and weightings, with all individual gearing and weightings for solvency calculations entirely based on figures formally reported by the business or individual in question. Qynn scores are as such wholly objective and have been applied as a quick reference guide to indicate either quality of company governance or director performance.