Ever wondered how your company is performing compared to your competitors? amee has the answers
What can I compare?
- Financial health (amee Financial Score)
- Annual revenue
- Environmental performance e.g. annual carbon emissions
- Carbon intensity based on revenue (amee Environmental Score)
- Number of employees
Why compare with amee?
1. amee is the only site where you can access free business information on every UK company in one place
2. amee provides comprehensive business data, covering both financial and environmental performance
3. amee compares like-for-like by ranking companies in the same industry sector and of similar size
4. amee uses a carbon intensity metric – the Environmental Score – to ensure that companies are compared fairly in terms of environmental performance
How to Compare in 5 Simple Steps
Step 1: Search for your company on the amee homepage with its name or company number, for example ‘The Dorchester Hotel’ or ’01229635′
Step 2: Scroll down to the ‘Company Comparison’ chart
Here you’ll find environmental and financial data on your company as well as three industry peers – in this case other hotels. Peers are determined by two factors: i) your company’s Standard Industry Classification [SIC] code, and ii) the size segment of your company.
SIC codes are widely used by organisations such as Companies House to identify principal business activity. amee uses SIC codes to ensure that only businesses in the same industry are compared against each other. This puts the data in context so that an aluminum smelter, for example, is not compared with a restaurant chain.
Size segment divides companies into five categories, further ensuring that users compare companies on a like-for-like basis:
i) Top 3000 (the UK’s largest companies)
ii) Public Limited Corporations (around 7000 in total)
iii) Limited companies with revenue over £6.5 million
iv) Limited companies with revenue under £6.5 million
Step 3: Compare your performance!
This can be done with the raw data, for example annual carbon footprint and annual turnover, or with the Environmental- and Financial Scores.
The Environmental Score is based on a company’s carbon emissions divided by its annual turnover. This ‘normalises’ the carbon footprint to show the carbon intensity of a company’s revenue. We use this because as a general rule of thumb, emissions go up with revenue unless you take action to mitigate them.
The Financial Score is a 1 to 5 credit rating based on a company’s financial health, ranging from very poor to excellent. This indicates its ability to repay lenders and is a universal metric, applicable to both SMEs and large multinationals.
Step 4: Add or remove peers and competitors
By clicking on the empty ‘Add Company’ box you can compare your performance with another company of your choice. You can also get rid of a company in the Comparison Chart by clicking on the black cross that appears when you scroll over the company.
Step 5: Click on company to get detailed information
If you want even more information on a specific company go to their ameeProfile by clicking on their name. On their ameeProfile will be a range of company data including links to buy a Credit Report and Companies House documents.