Private company limited by shares

PrivateLtd.Private limited companyPrivate Limitedlimited companyLtdSdn BhdLimitedcompany limited by sharesPrivate limited company by shares
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland.wikipedia
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Private limited company

PrivatePrivate Limitedprivate limited companies
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland.
Examples include LLC in the US, private company limited by shares in the UK, GmbH in Germany or společnost s ručením omezeným in the Czech Republic.

Public limited company

plcPublicBerhad
It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company.
The term "public limited company" and the "PLC"/"plc" suffix were introduced in 1981; prior to this, all limited companies bore the suffix "Limited" ("Ltd."), which is still used by private limited companies.

Articles of association

deed of settlementarticlesMemorandum and Articles of Association
The company's articles of association may require more than one director.
Such requirements tend to be more onerous for public companies than for private ones.

Private company limited by guarantee

company limited by guaranteelimited by guaranteecompanies limited by guarantee
Like a private company limited by shares, a company limited by guarantee must include the suffix "Limited" in its name, except in circumstances specifically excluded by law.

Privately held company

PrivatePrivate companyprivately held
In many countries, there are forms of organization which are restricted to and are commonly used by private companies, for example, the private company limited by shares in the United Kingdom (abbreviated Ltd) or unlimited company and the proprietary limited company (abbreviated Pty Ltd) or unlimited proprietary company (abbreviated Pty) in Australia.

Companies House

Register of CompaniesRegistrar of CompaniesCompany No
Every limited company must file annually a confirmation statement, which confirms that its information at Companies House is correct.

English law

English common lawEnglishEngland and Wales
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland.

Northern Ireland law

Northern IrelandNorthern Irish lawLaw of Northern Ireland
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland.

Scots law

Scottish lawScotlandlaw
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland.

Commonwealth of Nations

CommonwealthBritish CommonwealthCommonwealth countries
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland.

Republic of Ireland

IrelandIrishRepublic
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland.

Shareholder

shareholdersstockholderstockholders
It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company.

Limited liability

limitedliabilitylimited-liability
It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company.

Share (finance)

sharessharestock
It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company.

Creditor

creditorslenderlenders
"Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company.

Capital (economics)

capitalcapital flowsinvestment capital
"Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company.

Real versus nominal value (economics)

inflation-adjustednominal valuenominal
"Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company.

Corporation

corporatecorporationsincorporated
A private limited company's disclosure requirements are lighter, but its shares may not be offered to the general public and therefore cannot be traded on a public stock exchange.

Stock exchange

stock exchangesexchangebourse
A private limited company's disclosure requirements are lighter, but its shares may not be offered to the general public and therefore cannot be traded on a public stock exchange.

United Kingdom

BritishUKBritain
In the United Kingdom, every company must have formally appointed company officers.

Company secretary

secretaryCorporate SecretaryChartered Secretary
By statute, a private company must have at least one director and until April 2008 also has to have a secretary.

Natural person

naturalnatural personsindividual
At least one director must be an individual, not another company.

Bankruptcy

bankruptbankruptcy protectionbankruptcies
A person who is yet to be discharged from bankruptcy or who has been banned from being a company director by the court will be prohibited, except in certain cases.

Companies Act 2006

CA 2006Companies Act2006
This change was applied retroactively, with any directors under the age of 16 being removed from the register upon the implementation of the Companies Act 2006.

Age of Legal Capacity (Scotland) Act 1991

Age of Majority (Scotland) Act 1969
This was already the case in Scotland, under the Age of Legal Capacity (Scotland) Act 1991.