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.
During 1981-91, wage disparities had declined in Individual Proprietorship units, Partnership firms, Private Limited Companies and Public Limited Companies.
Likewise, the share of wages in labour productivity declined by 2.6 percent per annum in Private Limited Companies, 2.2 percent per annum in Public Limited Companies, 1.4 percent per annum in Partnership firms, 0.4 percent per annum in KVHO establishments and 0.04 percent per annum in Public Corporations.
During 1991-01 annual growth in the share of wages in labour productivity was 2.3 percent in Individual Proprietorship units, 1.8 percent in Private Limited Companies, 0.6 percent in Joint Family HUF units and 0.02 percent in Partnership firms.
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.
And these political parties, be it Samajwadi party, Congress or others, they have functioned more like private limited companies where children inherit the wealth of families or parents...
The provision is, however, proposed to be amended so that the minimum payment is changed from DKK 50,000 to DKK 40,000, so that the amount corresponds to the proposed change of the minimum requirement for the share capital of 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.
Sales of select 2,37,398 NGNF private limited companies increased by 12.0 per cent as compared to 8.7 per cent growth recorded in the previous year.
At an aggregate level, the interest coverage ratio (ICR) for the selected NGNF private limited companies, measured by EBIT to interest paid, remained steady at 3.2 per cent in the current year as in the previous year.
51 of which are public limited liability companies and 593 are private limited companies. Of that total 297 companies have Guinean investors, 187 have foreign investors and 160 are a blend of the two.