Morgan Lovell’s Top Credit Rating Sees Fit Out In Safe Hands

July 22, 2010 - PRLog -- Leading office design specialist Morgan Lovell has been placed in the top tier for secure credit ratings by business information source Dun and Bradstreet (D&B).
   
The office design and fit out company has achieved the D&B Rating of 1.

Only 15 per cent of businesses in the UK are in receipt of this rating, which reflects companies with the highest level of creditworthiness and the minimum risk of failure.

D&B provides a rating for all companies in the UK & Ireland. This rating is internationally recognised as an objective indicator of the risk of failure and the creditworthiness of companies.

Gareth Jones, D&B UK & Ireland managing director, said: “To have achieved this during one of the worst economic times in recent years is a fantastic accomplishment.”

Morgan Lovell has developed a free online guide to help those looking to create a new office fit out establish a contractor’s financial credentials.

The Financial Stability Checklist, by Paul Newton, Morgan Lovell’s financial director, gives 25 succinct checks, designed to help those responsible for procuring work get their project off to a strong start.

It pulls together some of the points to consider in one easy-to-access paper - offering a comprehensive overview, which helps point businesses in the right direction in the procurement process.

Paul said: “Moving or refurbishing an office can be challenging enough. To help make the project run smoothly, care also needs to be taken to ensure that the contractor will deliver - particularly in these uncertain times.

“Ultimately, the guide is designed to help make sure that the contractors selected are financially sound.”
   
‘The Financial Stability Checklist is available as a free download at Morgan Lovell’s website www.morganlovell.co.uk/useful-info/checklists/financial-stability-checklist/

Ends

Editor’s notes: Located in London, Birmingham and the Thames Valley, Morgan Lovell is the UK’s leading office interior design, fit out and refurbishment specialist. With its own teams of designers, surveyors and project managers, the company can design, manage and deliver entire projects, with the benefit of just one point of contact. It is part of leading UK construction and regeneration group Morgan Sindall Group plc which operates through four divisions of fit out, construction and infrastructure, affordable housing and urban regeneration, which are supported by a specialist investment unit.

Morgan Lovell is a licensed BREEAM Offices Assessment Organisation. This means it is licensed to measure the sustainability score of an office in order to identify ways companies can reduce high energy usage and waste, whilst increasing comfort and satisfaction for users of the building.

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