What is the difference between a private limited company and a public limited company?

A private limited company, or LTD, is a company which does not offer stock to the public, and thus its shareholders are normally family, friends and employees. There is no need for an LTD to disclose any financial information to the public. A public limited company, or PLC, is a company which does offer stock to the public generating money and is traded on an exchange. Unlike with LTDs, a PLC must consult shareholders when making financial and management decisions.

WW
Answered by Will W. Business Studies tutor

9530 Views

See similar Business Studies GCSE tutors

Related Business Studies GCSE answers

All answers ▸

PDL set an overall training budget of £30 000 and allocated £9 000 for this year’s team building day. Recommend whether they should spend £9 000 on the team building day again next year. Give reasons for your answer.


What is the calculation for profit?


Explain two benefits to a business of ensuring the protection of their employees’ health and safety.


Calculate the additional weekly profit the business would make if it produced and sold 5000 novelty mugs every week.


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences