ASIC Search

31 Мар 2014 | Author: | No comments yet »
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ASIC Search

Looking to form a new business relationship? That’s great, but you should exercise caution.

A potential partner will freely advertise their business, but they may not routinely advertise their financial situation. One question you must ask before doing any business deal is whether they are financially sound.

It’s highly unlikely you would entrust your money to a bank or financial institution that was less than secure. By the same token, it’s important to conduct a credit rating check on partners and suppliers before making any commitments. If you go into business with a company that then goes under, it could have serious implications for your own finances.

It’s a good idea to employ credit reporting services to avoid any negative financial consequences. They can provide a quick, simple company credit check. including financial history and a scored risk assessment.

Responsible for regulating local markets and corporations, the Australian Securities and Investments Commission (ASIC) aims to inform businesses and investors about the status of their partners. One way to set your mind at rest is to conduct an ASIC company search .

An ASIC search allows comprehensive access to a company’s registered information. No matter the size or nature of the business, you’ll find the information you need quickly and easily. This data is then used to build ASIC Company Extract reports.

ASIC Extract reports include:


Trading name

Directorship details

ACN/ABN number

Incorporation date

Court actions and insolvency petitions

Registered charges

Reports such as these can prove invaluable to companies looking to form new partnerships.

What about company directors? Their financial standing can be just as important as the status of the company they run. Check out a director using the ASIC director search tool, or purchase a report that details their bankruptcy history.

Don’t leave yourself financially vulnerable. Conduct credit checks online today.

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