Statistics on True Companies give you a snapshot of your search results. True Companies are our curated universe of genuine, operating businesses. Right now, these statistics appear as headline metrics above your Advanced Search results, summarising the True Companies in your results, but we'll be expanding with more in-depth breakdowns soon.
You can access them by running any Advanced Search for True Companies.
This page explains how we calculate each metric and handle edge cases in the data.
What the statistics cover
Statistics are calculated for the set of True Companies in your current Advanced Search results. So, if you're comparing time periods (e.g. this year vs last year), we're comparing data for the True Companies that match your search criteria today.
How we handle time periods
For financial data (e.g. turnover or employee counts), we use the date a True Company's accounts were filed with the relevant business register. "Last 12 months" means filed within the last 12 months, and "prior 12 months" means filed in the 12 months before that (12–24 months ago). N.b. we apply a 21-day delay to account for delays between filing and the data appearing on the platform, to ensure we have the "fullest" 12 month period possible.
For funding and deal data, we use the date of the deal itself, based on announcements, filings, or direct disclosure from those involved in the deal. This is the same date you'll see on any of our transaction pages.
Missing data and coverage
Not every True Company has every data point. Here's how we handle that.
General approach
At Beauhurst, we never estimate or guess missing data. If a True Company doesn't have a value for a given metric, we don't make one up, and instead simply exclude it from the calculation. For example, if a True Company isn't filing turnover — and so we don't have that data — we won't count it towards totals, medians, or averages.
However, just because a True Company doesn't have data in one metric doesn't exclude it from others. If a True Company that's too small to file turnover has received funding, it will still count towards total equity funding.
These gaps can also affect how your search results are filtered, which in turn affects your statistics:
Financials: not all companies are required to file full financial statements. We only use financials reported to the relevant country's central business register (e.g. Companies House in the UK), and don't estimate figures that aren't reported.
Industries and buzzwords: some True Companies don't have enough available information for us to accurately assign them an industry or buzzword. In these instances, we don't assume — we simply leave that True Company without an industry or buzzword tag.
Locations: we use a True Company's head office as their location by default, derived from a combination of manual and automated processes. Where that data isn't available, we fall back to their registered address.
Where to check data availability
On each statistic, you can see how many True Companies in your results actually have data for that metric. Simply hover over the stat and click the three dots in the top right to view data availability.
Headline metrics
Our headline metrics provide a snapshot of the True Companies in your search. You can see the total number of results, turnover, employees, and equity funding.
By default, we show totals. For turnover, employees, and equity funding, you can switch this to median or average using the toggle.
For the number of results, we also show how many of those True Companies were founded in the past year. For turnover and employees, we show the change compared to the preceding 12 months. For equity funding, we show how many individual rounds the funding is spread across.
N.b. equity funding covers closed equity deals only.
👋Get in touch with the team
For any more information on the above terms, or if you have any questions, please speak to your Support team - their contact details will be found in the Help tab on your account.