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Anyone tell me what the difference is between

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    Anyone tell me what the difference is between

    Anyone tell me what the difference is between a private limited company 'ceasing trading' and it being 'dissolved' ?

    is there a difference ?

    please tell me if you know

    #2
    I suppose ceasing to trade is just that. The company will no longer trade or undertake work. That does not necessarily mean that it will cease to exist. Perhaps it is going dormant or the receivers have arrived and have stopped it from trading while they wind it up.

    Being dissolved is the company ceasing to exist.

    Comment


      #3
      Originally posted by where did my id go? View Post
      I suppose ceasing to trade is just that. The company will no longer trade or undertake work. That does not necessarily mean that it will cease to exist. Perhaps it is going dormant or the receivers have arrived and have stopped it from trading while they wind it up.

      Being dissolved is the company ceasing to exist.
      WHS. Companies house are the only ones who can dissolve the company (AFAIK)
      "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


      Thomas Jefferson

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        #4
        A company that is dormant still has to file accounts every year.

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          #5
          Originally posted by Cyberman View Post
          A company that is dormant still has to file accounts every year.
          And is that the same as "ceasing trading"?

          Comment


            #6
            Originally posted by expat View Post
            And is that the same as "ceasing trading"?

            Yes, but it could be argued that a contractor that has a limited company but has had no contract for a lengthy period of time has 'ceased trading', although his company is not dormant.

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              #7
              If you explained why you asked the question you might* get some more useful info.





              * Only might because this is after all cuk/general

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