The Company-State offers a political and intellectual history of the English East India Company in the century before its acquisition of territorial power. It argues the Company was no mere merchant, but a form of early modern, colonial state and sovereign that laid the foundations for the British Empire in India.

The first part of this volume deals with the changes and continuities in historical approaches over the last fifty years, with three further sections focusing on initial contacts, formal presences, and informal presences. Emphasis has been placed on the major European players in Asia and Africa before 1800 - the Portuguese, Dutch and English, without neglecting the role played by the French, Spanish, Scandinavians and others.