Public Limited Companies - PLC

If you require PLC after your company name, we can incorporate for you. With a PLC there are capital requirements and slightly different director and shareholder structure. However the prestige of having PLC at the end of your name is substantial.

As with standard limited companies, these are created in a format suitable for general operation. If necessary we can tailor the company's main objects to suit specific requirements. A PLC must have a minimum authorised and issued capital of £50,000. At least 25% (£12,500) of this minimum must be fully paid up before the Registrar of Companies can issue a Certificate for Commencement of Trading. This Certificate must be issued before the company commences any business transactions.

• Necessary if the company is to trade its shares to the public.
• Can undertake any nature of business.
• Can operate anywhere in the world.
• Members have limited liability.
• Own choice of name.
• High initial capital commitment.
• Must have at least two directors and two shareholders.
• A private company can be converted to a PLC, so most PLCs start life as normal private companies and convert at a later date prior to flotation of the stock markets.