A limited company that has never started, or has ceased its trading activities (e.g. a subsidiary transferring its business to its parent or a fellow subsidiary), but has not been dissolved. Annual returns are still filed, but the accounts state that the company did not trade during the year. A company is kept on the “live index� in this...
Found on
http://www.encyclo.co.uk/local/20460
A company which exists in name only and which has ceased to trade. Shell companies are at their most... <a target=_blank href='http://www.finance-glossary.com/terms/shell-company.htm?id=1324&ginPtrCode=00000&PopupMode=false' title='Read full definition of shell company'>more</a>
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http://www.finance-glossary.com/pages/home.htm
No exact match found.
