Unlocking the Mystery: How Limited Companies Work in the UK

Unlocking the Mystery: How Limited Companies Work in the UK

Learning Objective

At the end of the lesson, you will understand the concept and workings of limited companies in the UK.

What do you already know about limited companies in the UK?

Slide 1: Introduction

Limited companies are a common business structure in the UK. Let's explore how they work!

Slide 2: Definition of Limited Company

A limited company is a business structure with its own legal identity separate from its owners, called shareholders.

Slide 3: Types of Limited Companies

There are two main types of limited companies in the UK: private limited companies (Ltd) and public limited companies (PLC).

Slide 4: Private Limited Companies

Private limited companies have restrictions on the transfer of shares and their shares are not publicly traded.

Slide 5: Public Limited Companies

Public limited companies can offer their shares to the public and have their shares listed on the stock exchange.

Slide 6: Formation of a Limited Company

To form a limited company, you need to register with Companies House and fulfill certain legal requirements.

Slide 7: Benefits of Limited Companies

Limited liability, separate legal entity, and access to external funding are some advantages of operating as a limited company.

Slide 8: Quiz Time!

Test your knowledge with a quiz about limited companies in the UK.

Write down 3 things you learned in this lesson.

Have students enter three things they learned in this lesson. With this they can indicate their own learning efficiency of this lesson.

Write down 2 things you want to know more about.

Here, students enter two things they would like to know more about. This not only increases involvement, but also gives them more ownership.

Ask 1 question about something you haven't quite understood yet.

The students indicate here (in question form) with which part of the material they still have difficulty. For the teacher, this not only provides insight into the extent to which the students understand/master the material, but also a good starting point for the next lesson.