Who are Lightbulb Credit
Who Are Lightbulb Credit?
Credit Repair Agency
The driving force behind Lightbulb Credit is James Piper, and back in 2016 he had his own lightbulb moment! After spending many years working closely with all of the credit rating agencies in the UK, James developed a deep understanding of how company scores and ratings are generated. It quickly became clear to him that due to a number of issues within the process, companies were not always getting ratings that reflected their current operating status.
Spotting an instant business opportunity Lightbulb Credit was born, and we haven’t looked back since! Our service is completely unique and our dedicated team of experts all share the same passion for helping other businesses get access to the credit terms they deserve to grow their business.
We work across all industries, with companies of all sizes, and our promise remains the same whatever your business type or size – if we can’t help improve your business credit rating then you won’t pay a penny.
The business credit market is a specialised and complex place, so it’s our mission to make this easier for our clients to navigate. Our aim is to help our clients maximise the potential of their trade credit profile.
For us simplicity is key and our objective is always to find a solution for each credit issue in the quickest way possible. We have a 100% success rate in business credit repair and we’re focused on making sure we maintain that!
Innovation is in our DNA. Our ability to spot a new opportunity within the established credit rating process is how the business started, and we are always on the lookout for the next great idea.
Integrity underpins everything we do. We want to get the very best results for each and every one of our clients, whilst also providing outstanding customer service.
Commitment to providing our clients with industry-leading solutions now and in the future. We are passionate about driving change in the business credit rating process.
Don't just take our word for it!
I am the Interim CFO of a division carved-out from a quoted multinational group. Despite having made significant progress with the transparency of the accounting and steadily improving financial performance (including having good DBT ie paying suppliers quicker than average in our industry) we were not getting the recognition I thought we deserved from the credit reference agencies.
I, therefore, employed James Piper and Lightbulb Credit to see what could be done to ensure that our credit reputation truly reflected our creditworthiness. James very quickly got to work, requesting various pieces of key information and then building our case that he then provided to the independent credit assessment teams at two key agencies. Within a few days, we achieved a re-rating at a level commensurate with our true financial position.
I would have no hesitation in using Lightbulb Credit again in the future for similar work.
Having worked at a senior level within a large house building plc’s, my business partner and I decided to create our business. This was early in 2016. As our business evolved and grew it became clear that our credit profile within the industry was critical to our success. We engaged with Lightbulb, in James Piper, in October 2018 to review and create a strategy to improve our credit rating so that it reflected truly the way our business was being managed and the financial strength of our business. This is a real challenge for new business and is often underestimated in terms of importance.
James and his team delivered immediate improvement, almost overnight, but also created a strategy that over a few months resulted in significant improvements that led to business security and a clearer path for future success.
James and his team are a very proactive business that understands how business works. We would have no hesitation in recommending Lightbulb as a future business partner that will help create and maintain a platform for success.
James and the team have made a significant improvement in our ratings and credit limits across several of our group entities. This tangible result has delivered great value and I cannot recommend them highly enough. They know the credit market and their insight has been invaluable.
We have been working with Lightbulb Credit across the majority of our portfolio companies to ensure their credit ratings are fully reflective of the current financial and managerial position. Through a process of active engagement with each of the agencies, the credit ratings of many of these businesses have improved materially.
Lightbulb Credit's extensive experience in this process, strong relationships with credit rating agencies, and deep understanding of the drivers of credit ratings have been instrumental in enabling these improvements. We will continue to work closely with Lightbulb credit for future investments.
Lightbulb Credit’s ability to simplify the complex, provide insight and deliverable solutions across our group was very helpful. James provided excellent guidance and support throughout the review, analysis and solution process.
James approached us after our year end to see if we wanted to improve our company credit score. It had recently plummeted because we had recently divided the business into separate subsidiaries and the CRA weren’t looking at the consolidated business. The drop in our score was really hurting our business reputationally.
James made pretty bold claims, suggesting he could move us from very high risk to low risk in the space of a few weeks. I was slightly skeptical, but to my delight and surprise he moved our scores up to exactly where he said they would go.
They clearly have all the right contacts and know how to present evidence to the CRA’s to get fantastic results.
Thank you James and team.
Lightbulb Credit listened, offered us a solution and delivered. We will use them again in the near future, the value that can be unlocked from improving your trade credit ratings and limits should not be underestimated. A valuable, impactful and rapid service.