LTD: Ltd , Shares sold to friends and family, Accounts are prepared by an Accountant, Number of Members 2, Transfer of shares restricted, Incorporated into companies House, Has a Memoradum of Association, Directors can be the sole shareholders, Has Limited liability, In the private Sector, PLC: PLC, Shares sold on the Stock Exchange, Accounts are externally audited, Number of members 7, Transfer of shares unrestricted, You need £50,000 capital to set up, Must hold an Annual General Meeting (AGM), Raises capital through public investment, Has a Certificate for Commencement of Trading, Has Limited Liability, Aren’t able to purchase their own shares out of their own capital, In the private sector,
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LTD V PLC
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Sarahcobbold
Y13
Business
Finance and Sources of Finance
Organisational Structure and Culture
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