Populous currently collects approximately one petabyte of data – the equivalent of nearly 20 million four drawer filing cabinets filled with text documents – every six to 12 months. This is an exceptionally large amount of data and we are able to extract useful insights from this data. By using our automated analytical tools, PXP users can analyse the profitability and liquidity of a selected group of entities.
The resources include, but are not limited to, the following:
XBRL format is a computer language which is used for communicating and exchanging business performance reports. XBRL brings all this information together in a standardised format, making it easy for users to draw comparisons and weigh up the financial health of a company.
Companies submit financial statements to government regulators each year. XBRL uses these statements and internationally standardises this data so that it can be reviewed and compared, regardless of geographic origin.
As such, XBRL data has become a global standard for exchanging business information and is freely available to anyone.
PXP has built XBRL into its in-house credit reference system, and with this XBRL engine, useful data can be extracted that gives users the ability to predict multi-industry trends in real-time.
* this is only a small part of data we extract from XBRL.
Companies House is a UK government agency which registers company information and to which all UK companies are required to make yearly financial filings. This information is made public by Companies House. Approximately two million sets of financial statements are filed with Companies House every year.
The government makes available information about registered land and property in England and Wales which is commercially and residentially owned.
The commercial data is a rich source of information about companies, including the registration number, address of the property, price paid, the country of incorporation and provides users with an essential overview of any organisation they seek to engage in trade.
The residential information provides details of property prices, previous owners and boundary information.
This information is collected by a census and many types of censuses are carried out globally including business, agricultural and traffic censuses. PXP makes this available to the businesses that use its platform.
The Office for National Statistics (ONS) conducts a census of the UK population every ten years. Census statistics help paint a picture of the nation and how we live.
If harnessed, this data is a key source of insight for commercial organisations in reviewing areas in the UK for business opportunities. An investor would be able to focus on a location and see at a glance details of local traffic, population density, ethnicity and gender, postcode classification and average incomes.
