Features of a Private limited Company
Someone who buys shares in a company
Shareholder
The shortened name for a private limited company?
LTD
Shareholders won't lose their personal assets, this is known as...
Limited liability
Profit must be shared between who?
Shareholders
An retail example of a private limited company is...
New Look
How often do they hold meetings?
Annually/Yearly
The minimum number of shareholders?
2
What can be raised from lenders and shareholders?
more finance/money/cash
Shares cannot be sold where?
to the public/stock exchange
A shoe retailer example of a private limited company is...
Clarks
Dividends
The company is ran by?
Board of directors
The control of the business stays...
within the business
A supermarket example of a private limited company is...
Farmfoods
Directors are usually
elected/employees
How is the company set up?
through a legal process
Limited liability means
personal assets are not taken if the business fails
what must be drawn up annually?
Annual accounts
A food example of a private limited company is...
Walkers