limited company

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Limited company

A form of business commonly used in the U.K. comparable to incorporation in the U.S.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

limited company (Ltd)

see JOINT STOCK COMPANY.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
Also, same will be done for Private Limited Companies with account turnover from Rs250 million to Rs500 million for any of the calendar year 2016, 2017 or for a period since January 1, 2018 to September 30, 2018.
The report made it clear that the administration has completed during 2009 the procedures of amending regulations and establishment contracts of 82 companies, and renewal procedures of 60 companies in addition to liquidation of 3 limited companies.
In 1981-82 average wage was highest in Public Limited companies and lowest in Individual Proprietor units.
The significant changes that private limited companies should be aware of include:
According to Gail Richards for Companies House it is not unusual for people to fall foul of laws regarding limited companies.
Many self employed people running small businesses chose to become limited companies when a zero rate of corporation tax was introduced three years ago.
It found that the number of limited companies in the north west now stands at 46% of those quizzed, compared with 33% in 2002 and 30% in 2000.
The information systems provider Experian has launched what it claims to be the first CD-ROM that allows users to analyse data on Britain's limited companies directly within Microsoft's Excel program.
ISLAMABAD -- Chairman National Accountability Bureau (NAB) Justice (retired) Javed Iqbal Saturday directed the Director General NAB Punjab to initiate an inquiry into on multiple charges against 56 public limited companies operating in the province .
The reduction was made to align the banks range of Specialist limited company buy-to-let products with Standard individual (single residential unit) buy-to-let deals and it has removed the additional 1% previously charged for deals for limited companies.
The most preferred types of capital companies in Turkey are joint-stock and limited companies.
Many limited companies can also utilise the enterprise management incentive scheme, a popular share option scheme designed specifically to incentivise key personnel.

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