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 ?
During 1981-91, wage disparities had declined in Individual Proprietorship units, Partnership firms, Private Limited Companies and Public Limited Companies.
6 percent per annum in Private Limited Companies, 2.
The significant changes that private limited companies should be aware of include:
Simon Hook, who works as an assistant manager at Clive Owen and Co, has been following developments closely and believes that the Act will benefit small and medium sized private limited companies.
The article analyses the financial performance of select 292,308 non-government non-financial (NGNF) private limited companies for the financial year 2015-16, based on their audited annual accounts closed during April 2015 to March 2016.
This is a discriminatory and harsh provision, encroaching upon the rights of the working Directors of the private limited companies.
The Reserve Bank of India today released on its website the data related to Finances of Non-Government Non-Financial (NGNF) Private Limited Companies for 2014-15.
Sales of select 2,37,398 NGNF private limited companies increased by 12.
Private limited companies applying for the scheme must be classified under small and medium enterprises (SMEs).
51 of which are public limited liability companies and 593 are private limited companies.