A Little about Public Limited Companies

Public limited companies are easy to identify as they usually have a “PLC” abbreviation at the end of their business name. Public limited companies can choose to be listed or unlisted on the stock exchange although most PLC’s opt to offer stock in their businesses for the public to buy. A PLC may offer different types of shares for public sale such as: ordinary, bearer, preference, cumulative preference and redeemable shares. Each kind of share has differing conditions attached to it and a company can choose between any or all kinds of shares.

Public Limited Company registration
A public limited company in the UK must be registered with Companies House. Several documents are needed in order to register; including the Articles of Association and the Memorandum of Association. The Articles of Association define what roles the company officers will execute whereas the Memorandum of Association contains all of the company directors’ signatures as well as the official company address. Furthermore, two additional forms must also be filed that provide full details about the company directors and state that the company has fulfilled all necessary legal obligations.

Company formation agents
Many fledgling PLC’s these days hire company formation agents to help them register their company. Indeed, these professional specialists are now the registration method of choice as they can file all of the relevant documents with Companies House online in a very speedy and cost-effective manner. This process is incredibly straightforward as all burgeoning PLC’s need do is fill in their details on an online application form, (including details of the directors, shareholders, and registered office). If all of the submitted details are correct upon verification, the formation agents can speed through the rest of registering process and provide a PLC with a company registration number in as little as three to six hours.

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