|
Company Searches International provides Business Reports on all registered businesses in Australia and Financial Reports on all companies required to file.
The Full Company Name is required to undertake a search, the address is an advantage although now Australia has a centralised registry we can make searches without it. In the case of businesses reports, address and any addition information such as telephone numbers etc. helps to speed up the search. No address can cause delays.
Financial Information
We have a number of quoted company annual reports in house.
We can obtain the full accounts if available from a correspondent in Australia.
Corporate Affairs Commission Search with Accounts
We can obtain a CAC Search from our correspondent in Australia. This is similar to Annual Return & Accounts in the UK. It will contain a list of Directors, Shareholders, Registered Office, Date of Incorporation and Accounts.
Corporate Affairs Commission Search without Accounts
Same as above but without accounts.
Business Reports
These are general company profiles based on the most up to date information available at the registry and other sources.
Contents of a Business Report:
- Identity, Legal Status & History
- Legal Form
- Date of Creation
- Registration Number
Ownership & Management
- Registered Capital
- Directors
- Principal Shareholders (where available)
- Ultimate Holding Company
Activities & Operations
- Number of Employees
- Associated Companies
- Background (Short History)
- Activities
- Operations
Financial & Public Record Information
- Extracts from Profit & Loss and Balance Sheets (if available)
A Summary & Credit Opinion
- Banks
- Payments Analysis
- Summary (includes a credit opinion)
Principal Business Types
Limited (Ltd)
Public limited liability company. There is no minimum capital requirement but must have at least five shareholders whose liability is limited to the amount (if any) unpaid on the shares held. Shares are freely transferable.
Proprietary (Pty)
Proprietary (private) limited liability company. There is no minimum capital requirement. Must have a minimum of two shareholders and not more than 50 (not including employees) whose liability is limited to the amount (if any) unpaid on the shares held. The transfer of shares is restricted by the articles of the company, may not invite the public to subscribe to shares.
No Liability Company (NL)
Restricted to mining companies.
Company Limited by Guarantee/Company Limited by Shares & Guarantee
Not usually a profit company
Unlimited Company
This form is used when a company structure is preferred to a partnership.
General Partnership
An association of two or more persons who are jointly and severally responsible for all debts of the partnership.
Limited Partnership
Where some partners have limited liability and others, the working partners have unlimited liability. Limited partnerships are permissible only in certain states of Australia.
Branch of a foreign company
Must operate as a foreign company and is subject to special conditions.
Sole Proprietorship
The business of an individual where liability for all debts is unlimited.
Company Accounts & Filing Requirements
As from 01/01/91 all companies must be registered with the Australian Securities Commission (all searches are conducted through this body)
Shareholders will only be available if:
a) Latest annual return lodged is for 1990 or later
b) Providing it is not caught in the back log at ASC
THIS WILL APPLY FOR MOST OF 1991.
Comments
We cannot guarantee whether accounts are available or not in advance.
We must apply to the corporate affairs commission for the accounts. If accounts are there or not we still charge the same price - we incur these charges ourselves whether information is obtained or not.
If accounts are not available you will receive a Corporate Affairs Commission Search which contains:-
- List of Directors
- Shareholders if the two above mentioned criteria are filled
- Registered Office
- Date of Incorporation
|
