Why use a company credit report?

Given the current climate, it's important that you check out who you are doing business with. Running company credit check reports on businesses you are about to do business with is good business practice.  
After all, you want to ensure that they have the funds and credibility to be able to pay for your services. It may be that you are using the company credit reports for competitor analysis; running company searches on your competitors provides you with a company report packed with valuable information about their business performance and directors and shareholders.