limited company

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Related to Private limited companies: Public limited companies

Limited company

A form of business commonly used in the U.K. comparable to incorporation in the U.S.

Limited Company

In the United Kingdom, a company with limited liability amongst its owners; that is, shareholders who are not liable for more than their investment in case of insolvency. In other words, an owner of a limited company would lose the value of his/her investment if the company declares bankruptcy, but would not be held liable for other outstanding debts. A limited company is the most common corporation structure in the United Kingdom and is designated by "Ltd" after its name.

There are two types of limited companies. A limited company by guarantee has no shareholders but instead contains members who contribute a small amount to cover outstanding debts following a potential liquidation. This structure is common among British charities, and is used by the Financial Services Authority. A public limited company usually (but not always) trades publicly, and shareholders are only liable for the value of their individual investments. These companies are designated by "p.l.c." See also: Limited liability company, U.S. Corporation.

limited company (Ltd.)

A firm registered in such a manner as to give its owners limited liability. Limited companies are most often associated with British registration, much as incorporated firms are primarily associated with U.S. registration.

limited company (Ltd)

see JOINT STOCK COMPANY.
References in periodicals archive ?
Similarly in the case of non-workers, relatively high growth in salaries was recorded in Co-operative Societies during the 1981-91period, Government Department Enterprises during 1991-01 and Private Limited Companies during the 2001-06 periods.
The significant changes that private limited companies should be aware of include:
Just over half the businesses were sole traders, with nearly 15% private limited companies -- a significant increase on 2003.
This is a discriminatory and harsh provision, encroaching upon the rights of the working Directors of the private limited companies.
Around 91% companies registered as private limited companies, while around 5% companies registered as single-member companies, according to SECP statement issued here Tuesday.
In the new incorporations, around 88 % companies have been registered as private limited companies, around 8 % companies were registered as single member companies and four % of total incorporated companies were registered as public unlisted, associations not-for-profit, under section 43 and foreign companies.
The SECP has granted licenses to 2 not-for-profit associations and 93 percent companies registered as private limited companies, while 4 percent companies registered as single member companies.
51 of which are public limited liability companies and 593 are private limited companies.
Around 87% companies registered as private limited companies, while around 7% companies registered as single member companies.
Around 91% of these were registered as private limited companies, while around 5% registered as single member companies.
Chasing the previous trend, around 93% companies registered as private limited companies, while around 6% companies registered as single-member companies during the month.
Around 89% companies registered as private limited companies, while around 7% companies registered as single member companies.