Are you wondering what a dissolved company means and what happens after dissolution? Many people ask whether a dissolved company can trade again and what it means for directors, debts, and assets.
A dissolved company is a business that has been legally closed and removed from the official register, no longer allowed to trade, own assets, or operate as a legal entity.
It effectively means the company is legally dead. It’s removed from the official government register, ceases to exist as a legal entity, and can no longer trade or move money.