02. Products/Services

UK Publicly Traded Firms

2.1 What are the company’s primary SIC codes?
2.2 Summarize the principal product or service.
2.3 Provide percentages in terms of various activities.

It is impor­tant to inven­tory the full range of prod­ucts and ser­vices of the tar­get firm. Your tar­get com­pany could be involved in much more than we may ini­tially believe, espe­cially with the trend towards con­stant merg­ers and acqui­si­tions. To fully under­stand the nature of their oper­a­tions it is impor­tant to ascer­tain their cur­rent areas of activity and which area is generating the most income for the firm.

The business world in the U.K. uses the Standard Industrial Code (SIC) that classifies companies in terms of specific products and services.  It is available from the Office of National Statistics. Also, most products such as Yahoo Finance provide the SIC codes for firms.

Information on products and services is also provided in the Annual Report (AIF) available at Companies House WebCHeck or the company’s website.You should also consult the company web site for other documents in the investor relations section.