Public limited companies (PLCs) 0.0 / 5 ? Business StudiesDifferent business formsASAQA Created by: charliedeeCreated on: 27-04-16 11:48 Public limited companies When an LTD expands to the the point of having a share capital of more that £50,000 it can convert to a PLC. Can then be floated on the stock market Increases the company's access to share capital enabling it to expand. 1 of 2 Differences between LTDs and PLCs A PLC can raise capital from the general public, while a LTD is prohibited from doing so. The minimum capital requirement of a public company is £50,000. There is no minimum for a private limited company. Public companies must publish far more detailed accounts than private companies. 2 of 2
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