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Q: Obtaining summary financial information on an Illinois company ( No Answer,   2 Comments )
Question  
Subject: Obtaining summary financial information on an Illinois company
Category: Business and Money > Finance
Asked by: englishresearcher-ga
List Price: $10.00
Posted: 13 May 2004 03:17 PDT
Expires: 13 May 2004 14:20 PDT
Question ID: 345665
I am trying to obtain simple financial data (most recently available
revenues and profit) for a Chicago company (GH Smart & Company, Inc)
but am not sure how to proceed. I know that registration is handled at
State level (Illinois, presumably). In Britain a quasi-governmental
organisation ('Companies House')provide such information for a small
price via their website. The Illinois Secretary of State's site,
however, does not seem to offer this facility but instead only a name
availability facility.
Answer  
There is no answer at this time.

Comments  
Subject: Re: Obtaining summary financial information on an Illinois company
From: omnivorous-ga on 13 May 2004 04:10 PDT
 
Englishresearcher --

For private companies in the U.S., there's no agency that would
disclose revenues or profits.  According to Hoover's Online, GH Smart
is private:
http://www.hoovers.com/free/search/simple/xmillion/index.xhtml?page=1&HoovHome=premium.hoovers.com%2Fsubscribe%2F&query_string=GH+Smart&which=company&x=26&y=7

You'll note that Hoovers Online has a link to Dun & Bradstreet
reports.  D&B is a private firm that provides summary information for
credit purposes, including whether or not the firm is a prompt payer. 
However, D&B relies upon companies disclosing any information
voluntarily.  You might find revenues but rarely find profitability
numbers in D&B reports.

Best regards,

Omnivorous-GA
Subject: Re: Obtaining summary financial information on an Illinois company
From: englishresearcher-ga on 13 May 2004 07:56 PDT
 
Dear Omnivorous.

Thanks very much for this helpful clarification. Things are as you say
which is a bit unfortunate as the information is rather expensive,
albeit also more extensive than I what can obtain more cheaply in the
UK. I need to think it over. Best regards, Mike

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