Public Limited Company

A Public Limited Company (PLC) has many similarities to a Private Limited Company (Ltd). However, the name and constitution of the Public Limited Company must state that it is a PLC, and certain rules and requirements about the minimum capital of the company and its corporate make-up must be satisfied.

Public Limited Companies tend to be larger, established companies, and listing on the Stock Exchange or Alternative Investment Market (AIM) means that its shares can be traded publicly.

This is one of the core differences between a PLC and Ltd (which cannot offer its shares for sale to the wider public). In order to reach the point where this is possible, a PLC must meet lots of stringent requirements set by the Companies Act 2006 and the Financial Services and Markets Act 2000.

Clients wishing to incorporate a company as a PLC or convert an existing company to a PLC, or to list your business on any of the regulated markets should contact our Corporate Department to discuss whether this is a suitable course of action for you, and how this can be achieved best.

Our Team

More Knowledge
Chancellor announces changes to the Job Support Scheme

The Chancellor has today announced that the Government contribution to employers’ wage costs under the Job Support Scheme (JSS) will be increased. Employers will be expected to pay 5% of the cost of unworked hours instead of the 33% originally announced.

Coronavirus Update - CJRS Bonus - Are you eligible?

Back in the summer the Chancellor announced that employers could receive a one-off payment of £1,000 for every employee who had previously been furloughed under the Coronavirus Job Retention Scheme  provided they remained continuously employed to the end of January 2021.  Businesses will be able to claim the Job Retention Bonus from 15 February 2021 and the Government has stated that further guidance will be provided by the end of January 2021.

Family Investment Companies

What is a family investment company (FIC)?

FICs are companies limited by shares (an “Ltd” or “Limited”) often setup by parents or grandparents (“Founders”) to benefit both themselves and their family as shareholders. Their popularity has increased in recent years, being seen as a corporate alternative to the more common discretionary trust.


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