A GLOBAL specialist in business information and financial risk analysis has awarded its highest ranking status to York-based Portakabin Group.
The portable building firm, based in Huntington, is now in the top 15 per cent of all companies in the UK and Ireland for financial stability after achieving 'rating 1' status from Dun & Bradstreet.
The independently-verified endorsement means Portakabin has been recognised as being at low risk of failure, maintaining high creditworthiness Derek Carter, chief executive of the Portakabin Group, said: "This is a fantastic accomplishment that demonstrates the continued financial strength of our business and gives our customers and suppliers even greater confidence, peace of mind and continuity of supply when dealing with Portakabin.
"We believe it is vital that construction clients look very closely at financial stability when evaluating tenders and quotations and are aware of the critical importance of dealing with a robust supply chain.
"We understand procurement teams have to look for least cost but there are also cost implications of company failure when a project is on site. Our advice is to examine the varied credit worthiness of modular suppliers carefully when considering project risk."
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here