Private limited company (Ltd) - A company owned by its shareholders. Shareholders' liability is limited to the value of their shares. Shares can only be bought and sold privately.
A private limited company may consist of two members but not more than fifty.Under the Single Member Companies Rules 2003, a person may form a single member company (SMC).
Creation and Organization ...
Private Limited Company
Private companies may issue stock and have shareholders. However, their shares do not trade on public exchanges and are not issued through an IPO.
AIB (10th Edition)
(a) a private limited company in which the public cannot be invited to subscribe to any share issue and
(b) a public limited company (plc) which can raise funds through share issues.
Before a limited company can "go public," it must have a minimum share capital.
A private limited company formerly reporting to the Chancellor of the Exchequer with responsibility for the regulation of the UK investment ...(Read more)
Securities Industry Association ...
A company limited by guarantee is a private limited company where the liability of members is limited. A guarantee company does not have a share capital, but instead has members who are guarantors instead of shareholders.
Flotation refers to the situation when a private limited company or new company becomes a public limited company by issuing shares to the general public. A company will issue a prospectus inviting shareholders to subscribe for shares, in the hope of raising large amounts of capital.
or losses and whether the profits are large enough to cover the monthly payments or not. You need to make a business profile giving description of the annual sales, length of time in business and ownership whether a business is in the form of proprietorship, partnership or a private limited company.
See also: What is the meaning of Limited company, Public limited company, Transaction, Saving, Banks?