Deletion of a Company record can only be done by Users with the correct Workgroup permission, as set in the Deskflow Administrator. See example below.
There is a single permission required to delete a Company.
A Workgroup member with deletion permission can not delete a Company if:
•There is no Project linked to it
•There are no Contacts (People) records associated with it.
Example: Company Deletion Permissions
To Delete a Company Record:
1.Select a Company record
2.Click the Delete Record icon in the right margin, 
3.Click Yes to confirm the deletion.
4.An audit record will be auto-created in a system table. It contains a date stamp and a record ID.
Note 1: A deleted Person record can not be recovered other than by restoring the record and its dependent records from a database backup.