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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.
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. "
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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