What is a private limited company?

[@rafayajmal1839]

Excellent. This helped me greatly for my High School assignment.

[@Learnloads]

Glad to help! Hope you do well in your assignment.

[@lindaoulton7549]

A simple and entertaining explanation. Thank you :)

[@gamecubestreaming7724]

this really helped my school problems for A/L

[@khushibhatt6512]

thank you so much for your time and simple method of explanation

[@UsernameHere51]

I’m doing a course on games design...was not expecting a module on business ngl

[@diontaedaughtry974]

Thank you this was very helpful and informative 👍👍

[@jasonoppong4874]

what are the answers to the questions

[@uzmakamoor4094]

thank u SOOOOOOOOOOOOO much u are the best teacher 😃😃😃😃😃

[@Rache-sx7lc]

I did not understand why their financial affairs won't be private. The 3rd disadvantage

[@bibibibi8910]

wait but private companies cannot allot shares to the public under s755 CA 2006. I am a bit confused now

[@Learnloads]

Correct. In one sense, all shareholders are members of the public obviously. BUT you cannot buy shares in a private limited company by ringing up your stockbroker and buying shares just like that. (As you could with say British Airways or some other public limited company.) The shares in a plc can basically be bought and sold on the Stock Exchange like bread or fruit in a market. Shares in a private limited company, on the other hand, are sold by private arrangement in a much more restricted way and only with the consent of the existing shareholders. (Exact details will depend on how the company was set up originally.) Hope this helps.

[@rafayajmal1839]

Please also give answers to the questions:)

[@Learnloads]

It would be nice to give answers here but I am afraid that would make it too tempting for other students to just go straight to the answer - less helpful as a teaching aid. If you would like to learn more about companies and other types of business organisation you may be interested in my ebook Business 1 see www.learnloads.com/ebooks/

[@leaf4267]

U making it more difficult man.

[@myapaul19]

Yay thanks for this helpful video

[@PiyushTanpure]

this was so helpful! never saw something this simplified! thank you so much learnloads.com !

[@Learnloads]

+tanpure piyush Glad to help.

[@PiyushTanpure]

+LearnLoads :)

[@JoshDiedrick]

Thank you

[@abeehahassan857]

nice.. thank you prepared me for my assessment

[@dhruvperfect3012]

nice

[@rami617]

I almost fell asleep from his voice

[@marlaisidore905]

😂

[@natashachiware4882]

Hi my name is Natasha chiware and I would like to start my own business can someone teach me please?

[@meyachalklen3238]

No!

[@Walz_1]

roses are red violets are blue, stay away from me cuz i dont know you

[@gandyexpenses7278]

get more

[@jat7469]

Useless

[@ayselnot7786]

At least it has more use than you dickhead