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Rebecca
What does it mean when a company is dissolved?
                     
 




Mark T
Rating
Several things:

1. The company is no longer trading
2. The company no longer exists as a legal entity in its own right
3. Assets are liquidated, creditors paid (in specific order if insuffient to satisy all)
4. The directors are no longer limited by guarantee if they DO trade under the guise of the company.
5. No further return forms are due for tax / vat etc

if a firm just "stops trading" it might go dormant instead of dissolving. A company that is dormant (doing nothing) can become active again, a dissolved company cannot.


Boring Old Fart
A company is dissolved for the following reasons - it is insolvent (it does not have sufficient assets to repay its liabilities), it is being merged with another company, it has ceased trading.


Flagbearer
"Dissolved" in business terms means something is no longer around and cannot trade in that name.


old know all
It means it no longer exists as a company.

Usually companies are dissolved when they go broke. Someone called a liquidator sells off all their assets, takes his fee and distributes whats left between the people owed money.

A company can also be dissolved by voluntary winding up. They pay all their debts in full. Sell all the assets and distribute the money among the shareholders.


ruthaya2
A dissolved company is one which is out of business.


MOM KNOWS EVERYTHING
Rating
IT means all its assets are liquidated, and it stops doing business.


benneth
it means that it has had acid poured all over it and it has litterally dissolved!!!


lollward
Rating
it means down the pan, no more, shut down!!!


abluebobcat
Rating
In human terms it means it is dead.


poppy
Rating
Basically, they are stuffed!!! Cease to exist, Bankrupt.


hfdsguy
the company is broke or can no longer trade, its assets go to the state or goverment.


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