Limited company a distinction to be made between the publicly tradable companies of the "plc" type (for example, the German Aktiengesellschaft (AG), British PLC, Czech a.s., Italian S.p.A., Hungarian Zrt. and the Spanish, French, Polish, Greek and Romanian S.A.), and the "private" types of company (such as the German GmbH, Portuguese Ltda., British Ltd., Polish sp. z o.o., the Czech s.r.o., the French s.a.r.l., the Italian and Romanian s.r.l., Hungarian kft. and Slovak s.r.o.) This is a company that does not have share capital, but is guaranteed by its "members", who agree to pay a fixed amount in the event of the
The Churchill Machine Tool Company the company was seeking to wind up the Aston Cantlow Mill Ball and Bearing Company Ltd. Indeed, that company was wound up on 17 January 1908, although the reasons for this are unclear. Charles Henry Prideaux was appointed to represent the company on the liquidation committee for Leitner Electrical Company Ltd in 1915. In 1901 Churchill bought a factory in Griffin Court, Chapel Street, Salford, initially as a facility to tool up the imported machinery. It was not the first British company to do this, as Sharp, Stewart & Co had built American machinery under license since at least 1873.