Version: 14.0.37587
Number of existing records in table "Company": 990
Tested with customer and developer license:
Customer License Permission Report Detailed file: Maximum No. of Companies......: 10000001
Developer License Permission Report Detailed file: Maximum No. of Companies......: 10000001
Try to create a new company:
Error: "Cannot create the new company because the maximum number of allowed companies has already been reached"