Annual Report and Business Plan 1999-2000 - Business.govt.nz

The commercial value of the information contained on the business registries is reflected in the 90% jump in
the number of company searches undertaken this year over the same period in 1997/98. A corresponding 20%
decline in requests for physical files also highlights the changes clients are making to the manner in which
they retrieve company information. This trend is likely to continue as more and more on-line users become
familiar with our Internet registration and search services.
While company incorporations and searches increased significantly, our statistics also show a drop from the
previous year in liquidations and receiverships.
1997/98 1998/99 1999/00 projected
New Companies 24,083 26,502 22,400
Receiverships 276 219 245
Court Ordered Liquidations 1,078 627 600
Documents:
Charges 24,214 26,172 22,000
Name approvals 45,221 48,394 43,000
Prospectuses 1,079 1,393 1,200
Annual returns 166,731 175,716 174,000
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Search Requests:
Manual 78,344 64,404 40,000
Electronic 85,467 162,639 181,400
A higher level of borrowing was evident with security interest registrations for both the Companies Register
and Motor Vehicle Securities Register showing an 8% and 6% increase respectively. Company charge registrations
were slow during the first half of the year but the last six months saw a growth spurt in this area - a reflection
of recent moves towards greater investor confidence.
1997/98 1998/99 1999/00 projected
MVSR
Registration:
Manual 70,353 40,056 24,750
Electronic 144,801 187,765 121,250
Autocheck enquiries 332,762 328,376 N/A
Electronic inquiries 64,821 153,000
Companies Office Annual Report
ISU
Trustee reports 1,342 1,238 1,100
Superannuation schemes 18 13 20