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A Public Limited Company (known as a “PLC”) can offer a sense of prestige to those that own and operate such a company.
Does your company wish to sell shares to the Public?
The key difference between a private and a public limited company is that PLC's are able to offer shares to the general public. A PLC cannot start business until it has a Certificate, issued by Companies House, entitling it to do so.
The main step to take in getting such a Certificate is to ensure that there is at least £50,000’s worth of shares in issue when the application is made, with at least 25% of each of the shares making that figure paid up in cash.
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