Private Limited Company Quiz

A Private Limited Company has PLC after its name.

• True

• False

A Private Limited Company is in the private sector.

• True

• False

The share of profit a shareholder receives is called a Profit Share.

• True

• False

A Private Limited Company is run by a Board of Directors.

• True

• False

A Private Limited Company does NOT need to register the company with The Companies House.

• True

• False

Only friends and family can buy shares in a Private Limited Company by invite only.

• True

• False

A Private Limited Company must have a minimum of 20 shareholders and a maximum of 50.

• True

• False

A Private Limited Company has PLC after its name.

• True

• False

A Private Limited Company does NOT need to register the company with The COMPANIES HOUSE.

• True

• False

Annual Financial Accounts must be published in a Private Limited Company.

• True

• False