A DUNS number, which stands for Data Universal Numbering System, is a unique nine-digit identifier for businesses. This number is assigned by Dun & Bradstreet (D&B), a business analytics company. The DUNS number is widely used for identifying, tracking, and maintaining information on over 300 million global businesses.
Key purposes of a DUNS number include:
1. Business Credit Reporting: It helps in building and maintaining a business credit file, similar to a personal credit score.
2. Global Trade: It’s often required in international contracting and trade, facilitating trust and transparency.
3. Government Contracts: Many government agencies, including the U.S. federal government, require suppliers and contractors to have a DUNS number as part of the procurement process.
4. Supplier and Customer Relations: Companies may use DUNS numbers to assess the creditworthiness of potential suppliers and customers.
Getting a company DUNS
Here’s a step-by-step guide on how to obtain one:
STEP 1. Gather Necessary Information
Before you start the application process, make sure you have all the required information about your business, including:
– Legal name of your business
– Business address
– Phone number
– Name of the CEO or business owner
– Legal structure of the business (e.g., corporation, partnership, etc.)
– Year the business was started
– Primary business industry
– Number of employees
STEP 2. Visit the Dun & Bradstreet Website
Go to the Dun & Bradstreet website [D&B]
STEP 3. Apply for a DUNS Number
Navigate to the section for DUNS numbers and find the option to apply. Look for instructions or links that say “Get a DUNS Number” or something similar.
STEP 4. Complete the Application
Fill out the online application form with the information you gathered. The form will ask for details about your business that help uniquely identify it.
STEP 5. Verify Your Identity
You may be asked to verify your identity or submit additional documents to confirm the legitimacy of your business.
STEP 6. Submit the Application
Once all the information is filled out, submit your application. Be sure to review the information thoroughly to avoid any errors.
STEP 7. Await Confirmation
After submitting your application, you will receive a confirmation email. It usually takes 1-2 business days to process, in most cases it is just a few hours but in some cases, it can take up to 30 days.
STEP 8. Receive Your DUNS Number
Once the application is processed and approved, you will receive your DUNS number via email. You can also check your application status through the Dun & Bradstreet website if applicable.
(Optional): Expedited Service
If you need a DUNS number quickly, Dun & Bradstreet offers an expedited service for a fee. This option can provide you with a number within a few business days.
Tips:
– Make sure all information provided is accurate and up-to-date to avoid delays.
– Keep a record of your DUNS number once received, as it will be a permanent identifier for your business.
Contact Customer Support
If you encounter any issues during the process, you can contact Dun & Bradstreet customer support for assistance.
By following these steps, you will be able to obtain a DUNS number for your UK limited company. This identifier will help facilitate various business operations, such as establishing creditworthiness, engaging in international trade, and qualifying for government contracts.
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