Fixed-fee PPSR registration for NZ businesses supplying goods, equipment or vehicles on credit. We assess your security interest, classify the collateral correctly and file your financing statement same day under the Personal Property Securities Act 1999. First to register, first to be paid.
Margate Group is a NZ business consultancy, not a law firm. We register security interests and provide commercial guidance. We do not represent clients in court or enforcement proceedings.
Includes security interest assessment, collateral classification, financing statement filed on the PPSR and ongoing management option. No hourly billing.
A PPSR registration is cheap to file and expensive to get wrong. We assess your security interest, classify the collateral correctly and file your financing statement the same day under the Personal Property Securities Act 1999.
What's included in your PPSR Registration · $99.95 + GST
One-off setup covers everything below. Optional ongoing management $59.95/month + GST handles renewals, amendments and discharges.
Not every supply arrangement creates a registrable security interest. We confirm what you have and the best way to register it before lodging anything.
A seriously misleading registration is unenforceable. We get the grantor name, collateral type and description right so the registration holds up when it matters.
A registered security interest puts you ahead of unsecured creditors and often ahead of later-registered parties. In insolvency that's the difference between recovering your assets and writing them off.
Priority runs from the moment of registration. If goods are already with a customer, every day without a filing increases your exposure. We file same day.
$99.95 + GST for setup. Optional $59.95/month + GST keeps your portfolio of registrations active and renewed so nothing falls off the register unnoticed.
First-time registration, a portfolio to manage or a debtor heading into liquidation. We explain where you stand and what to do next in plain English.
Owning the goods isn't enough. Without a registered security interest, a liquidator can treat your assets as part of the debtor's estate. You become an unsecured creditor and unsecured creditors usually recover little or nothing.
Four steps from first call to active financing statement on the PPSR. Same day for most registrations.
Book a free consultation or buy online. We confirm what you supply, who the grantor is and what needs to be classified for registration.
We confirm the security interest qualifies, assess PMSI eligibility where relevant and lock in the correct collateral classification before filing.
We file the financing statement same day. Priority runs from the moment of filing. You receive the registration number and confirmation by email.
Opt into monthly management for $59.95 + GST. We track expiry dates and handle renewals, amendments and discharges so nothing lapses unnoticed.
Ready to get registered?
Book a free consultation or buy directly online · $99.95 + GST one-off setup
The PPSR covers almost any personal property. Land is the main exception. We tailor the registration to the actual collateral and the way you do business.
Also useful: a PPSR registration is more effective when paired with robust terms of trade. We can also help with debt collection if a customer has stopped paying, or a full documentation health check.
Real feedback from NZ business owners who've protected their assets with Margate Group.
Margate Group sorted my Terms of Trade and PPSR setup at the same time. Easy process and clear advice. Real peace of mind knowing the goods I send out on credit are properly protected now.
As a SME owner, getting the right advice isn't always easy. Margate strike the perfect balance of professional, direct and genuinely caring. Their PPSR work has been spot on. Highly recommend.
Very thorough, patient with our requirements and 100% professional. PPSR registration was filed same day. Highly recommended.
The PPSR is one of the cheapest pieces of asset protection available to a NZ business and one of the most commonly misunderstood. This guide explains what the register actually does, how priority works under the PPSA 1999, where PMSI super-priority comes from and the most common mistakes that turn a registration into a piece of paper that doesn't protect anything.
The Personal Property Securities Register is a public online register of security interests in personal property. Under the Personal Property Securities Act 1999, registration is the act that perfects most security interests against third parties and a liquidator. Without registration, you usually rank as an unsecured creditor in an insolvency. That matters because unsecured creditors typically recover very little.
Priority on the PPSR is determined primarily by time of registration, not by who supplied first or who has the strongest contract. The register is, in effect, a queue. The first registered party in respect of the same collateral generally ranks first.
This is the single most common mistake in NZ commercial practice. A retention of title clause in your terms of trade creates a security interest under the PPSA. It does not protect you on its own. The PPSA overrides contractual title where the goods are in the grantor's possession. Against a liquidator or a registered creditor, an unregistered retention of title clause is largely a piece of paper.
Pair a strong retention of title clause with a registered financing statement on the PPSR. One without the other is incomplete.
Common mistake: assuming a retention of title clause in your terms of trade is enough to recover goods from a liquidator. It isn't. You need the financing statement on the PPSR as well, and you need it registered before the customer becomes insolvent.
A Purchase Money Security Interest is a special category of security interest with super-priority. If you finance or supply the specific goods that are the collateral, your PMSI can rank ahead of an earlier-registered general security interest over the same goods. That's powerful protection. It only works if you register in time.
For non-inventory goods, a PMSI must be registered before or within 10 working days of the customer taking possession. For inventory, registration must occur before possession. Miss the window and you lose super-priority. The PMSI still exists but it ranks from the registration date in the normal queue.
The most common reasons are the wrong grantor name (using a trading name instead of the registered company name), an inadequate collateral description and the wrong collateral classification. Courts have found financing statements ineffective against third parties where these defects exist. A cheap, fast registration that gets the grantor name wrong protects nothing.
This is why we cross-check grantor details against the Companies Office register before filing and pick the collateral classification that actually fits the asset.
PPSR registrations aren't permanent. A financing statement can be registered for a defined term, generally up to five years, and longer where the underlying agreement supports it. When it expires it's removed from the register and your priority date goes with it.
If you re-register after an expiry, the new filing date becomes your priority date. Any creditor who registered during the gap ranks ahead of you for those assets. For a portfolio of supplier registrations the consequences of a missed renewal can be significant. Our monthly management plan tracks expiry dates so registrations are renewed before they lapse.
No. Lessors of equipment under longer-term leases, financiers, factors of accounts receivable, lenders taking security over company assets and businesses entering joint ventures all use the PPSR. If you're parting with money or property on the basis that you'll be paid back or get the property back, the PPSR is usually the right place to record your interest.
Honest answers about how the PPSR works and what our service covers.
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Ask Us Anything$99.95 + GST one-off setup fee. Optional ongoing management $59.95/month + GST covers renewals, amendments, discharges and ongoing support. Fixed fee, no hourly billing.
Law firms typically charge $400 to $1,500+ to set up a PPSR registration billed at $350 to $650 per hour. Margate Group's fixed fee is $99.95 + GST. For enforcement proceedings in court you'll want a lawyer. For the registration itself, we file the same financing statement same day at a fraction of the cost.
A retention of title clause in your terms of trade creates a security interest. A PPSR registration perfects it. The clause without the registration provides almost no protection against a liquidator or other registered creditors. You need both. We can update your terms of trade and file your PPSR registration together if needed.
A Purchase Money Security Interest gives you super-priority over earlier-registered general security interests for specific goods you have supplied or financed. For non-inventory goods the PMSI must be registered before or within 10 working days of the customer taking possession. For inventory, it must be registered before possession. Miss the window and you lose super-priority.
Yes. Our monthly management plan at $59.95 + GST per month tracks expiry dates, manages renewals and processes amendments and discharges for existing and new registrations. Particularly useful for businesses with a portfolio of customer registrations.
Up to five years for most registrations, with longer terms available where the underlying security agreement supports it. When a registration expires it's removed from the register and your priority date goes with it. Re-registration after a lapse means your priority runs from the new filing date.
Most personal property. Goods, motor vehicles, equipment, inventory, crops, livestock, accounts receivable, financial assets and other categories. Land and real property are recorded on the Land Transfer Register, not the PPSR.
The most common errors are the wrong grantor name (using a trading name instead of the registered company name), an inadequate collateral description and the wrong collateral classification. A seriously misleading registration is ineffective against third parties. We cross-check grantor details against the Companies Office register before filing.
Yes, the PPSR is a public register and you can file directly. The fee for a single registration is small. The risk is that small errors in grantor name, collateral classification or collateral description can render the registration ineffective against third parties. A defective registration provides no protection. We get the details right and manage the lifecycle so registrations remain valid and renewed.
Yes for any business with material customer credit exposure. Your accountant handles the financial side, including bad debt provisioning and IRD obligations. We handle the PPSR registrations, terms of trade and recovery framework. The two roles complement each other and a business with both is usually better protected than one with either on its own.
No. Margate Group is a NZ business consultancy, not a law firm. We register security interests on the PPSR and provide commercial guidance on registration, classification and management. We don't represent clients in court or enforcement proceedings.
Yes. All services are delivered remotely and we work with clients nationwide. We regularly help businesses in Wellington, Christchurch, Hamilton, Tauranga and across regional NZ.
Don't let a customer's insolvency wipe out what you're owed. A correctly registered security interest puts you in front of unsecured creditors and protects your goods, your equipment and your cash flow.
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PPSR Registration · $99.95 + GST
Book a free consultation to talk through your collateral, or buy directly online and we'll follow up to complete your registration same day.
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Margate Group is a NZ business consultancy, not a law firm. We don't represent clients in court proceedings.