Verification & Trust Statement

The Operator is committed to maintaining a premium, trustworthy marketplace and to keeping out fake listings, time-wasters, and bad actors. We do this through user verification, staged disclosure of confidential information, quality review of listings, and monitoring for suspicious behaviour on the Platform.

Before a user can access confidential information about a business or progress a transaction, we operate a staged qualification process which may require:

• identity verification of the individual (and, where relevant, the business they represent);
• evidence that the user has funds appropriate to the enquiry (proof of funds); and
• acceptance of a Non-Disclosure Agreement before any confidential information is released.

The level of checking is proportionate: higher-value or higher-sensitivity enquiries may involve additional checks. We may decline, pause, or withdraw access where checks are not satisfactorily completed. Verification reflects the checks carried out at the time and is not a guarantee; users remain responsible for their own due diligence.

Sellers must confirm they own or are authorised to sell the business they list. Listings pass through a review workflow and require approval before publication. This is a completeness and plausibility check intended to maintain quality and deter fraud; it is not an audit or a guarantee of accuracy.

Verification works alongside the Platform’s anonymity model. Public listings are anonymised — region-level location, indicative financial bands, and an opaque reference — and a seller’s identity and detailed information are revealed only after a buyer has qualified and accepted the NDA. This protects sellers while allowing serious buyers to progress.

We monitor for indicators of fraud, misuse, or suspicious behaviour, and maintain an append-only audit log of relevant events. Where we identify misuse, we may suspend or remove accounts and listings, restrict access, preserve records, and — where appropriate — cooperate with law-enforcement or respond to lawful requests.

The Operator does not receive, hold, escrow, or transmit the purchase price of any business. Completion is conducted directly between the parties and their solicitors, who handle funds through their own regulated client accounts. Marking a deal complete on the Platform is a record only and moves no money. This is a deliberate design choice that keeps the Platform focused on introduction and trust rather than transaction handling.

Records relating to verification decisions, completed transactions, and security events are retained in line with our Privacy Policy: personal data is deleted or anonymised within six (6) months of account deletion, except completed-transaction records and security and audit logs, which are retained for a longer defined period for fraud-prevention and dispute purposes.

Users must provide accurate verification information, must not use the Platform to launder money, finance terrorism, evade sanctions, or for any unlawful purpose, and must comply with all laws applicable to their own transactions — including taking their own legal, tax, and (where they or their advisers are separately regulated) compliance advice.

We may update this statement as the Platform develops. Questions can be directed to privacy@mynextbusiness.co.uk, or by post to the Operator at Suite 1 (First Floor), 239 High Road, Ilford, United Kingdom, IG1 1NE.