Independent Oil Tools Pty Ltd

What is the significance of Company Name in Australian business records?

In the context of Australian business, Company Name is the official moniker of the business entity. This is the name under which a company conducts business and is recognized. For instance, Independent Oil Tools Pty Ltd is the officially registered name of the company in our case study.

What is implied by Registration Date in Australian company documentation?

Registration Date refers to the specific date on which a company was officially registered, marking the beginning of its legal existence. For instance, Independent Oil Tools Pty Ltd was registered on 2007/10/18. This provides a timeline of the company's existence and longevity.

What does Current Name Since mean in Australian business language?

The term Current Name Since denotes the date when the company began operating under its present name. In our example, Independent Oil Tools Pty Ltd has been operating under this name since No Information. It may indicate a rebranding or other significant change within the company's history.

What is ASICs Register and its importance?

ASICs Register refers to the Australian Securities and Investments Commission's official record of companies. For a company like No Information to appear on this register signifies its legitimacy and compliance with Australia's business laws.

What does an Australian Company Number signify?

An Australian Company Number or ACN is a unique nine-digit identifier assigned to each company upon registration in Australia. For example, Independent Oil Tools Pty Ltd's ACN is 128066580. This number provides a unique identifier for the company, differentiating it from other business entities.

What is an Australian Business Number?

The Australian Business Number or ABN is an 11-digit number unique to each business in Australia, used for activities like taxes, trading, and other business dealings. Independent Oil Tools Pty Ltd's ABN is 31128066580, which is used in its commercial transactions.

What does Status denote in an Australian company's records?

In an Australian company's records, Status indicates the current operational state of the company. In this case, the status means that Independent Oil Tools Pty Ltd has been active and operating since the .

What does Type represent in Australian business?

Type in Australian business classification refers to the structure or nature of the business entity. In the case of Independent Oil Tools Pty Ltd, it is an Australian proprietary company, indicating it is a privately owned entity with a limited number of shareholders.

What is meant by Class in company documentation?

Class in Australian company documentation specifies the liability structure of a company. Limited by Shares signifies that Independent Oil Tools Pty Ltd's liability is limited to the amount unpaid on the shares held by its shareholders.

What is the Subclass of a company?

Subclass provides further classification of a company within its Class. Proprietary other implies that Independent Oil Tools Pty Ltd is a proprietary company not falling under any other subclass, such as a non-profit or charitable organization.