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"company operating" is a correct and usable phrase in written English.
It is typically used to describe the act of running or managing a company. Example: The success of our company is due to the efficient and effective strategies implemented by our team of experienced executives and the company operating as a well-oiled machine.
Exact(58)
"We want to stop this company operating.
They're not a private company operating on their own".
One such is BlaBlaCar, a French ride-sharing company operating in several European countries.
Hartmarx's chief executive, Homi Patel, does not hide his desire to keep the company operating.
Mohamed Coptan, thirty-two, and the general manager of a shipping company operating out of Alexandria.
Any mobile phone company operating the devices must connect to this proprietary system.
More than half of Oka's 86 shareholders are channelled through a company operating out of Guernsey.
The Commission says the current corporate tax rules in the EU date from the 1930s and that a company operating across borders in the EU pays on average 30 per cent less tax than a company operating in only one.
Most experts agree that MAL, the company operating the alumina plant and reservoirs, is not the only one at fault.
Recently, Mr. Mansfield had been working on his own projects at the company, operating without anyone reporting to him directly.
But they didn't have the support of a parent company operating financial support and feed-in traffic.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com