Knowledge base | DueDil

What’s the difference between non-trading and dissolved companies?

A company can be non-trading in the sense that it isn’t doing business (non-trading has no legal definition). However, it might still have transactions going through its books and is therefore not dormant. A dormant company must not have any accounting transactions on its books. It can therefore be said that all dormant companies are non-trading, but not all non-trading companies are dormant.