I received a letter from Graydon after I registered my business. What does it say?
Graydon offers solutions in the area of credit management, risk & compliance, marketing information and debt collection.
By gathering information of businesses they can fill their database. This database is used to provide information to their clients about other businesses. Clients who want to be sure that a business is credit worthy, whether there is a risk if business is done with a company and how debts can be collected.
It is in no way obligated to provide your information to Graydon. They will argue that it would make it easier to do business but that really depends on the specific situation. Our standard reply is not to provide any information to Graydon and to ignore the letter. It may look official, but it is not. Graydon is a commercial company and they automatically contact new registered companies. They are not related to the Chamber of Commerce or any government organisation. They just use the trade register to get contact details.
Below you will find the letter: