Private limited company the German equivalent. On one hand it is possible to consider it as a kind of "Gesellschaft mit beschränkter Haftung" (GmbH) because it has aspects of a corporation; on the other hand it could be considered to be a kind of "Kommanditgesellschaft" (KG), which is the German equivalent of a limited partnership. Based on the literal translation of the word "company", an LLC should be considered to be a kind of KG without any liable partner. The German equivalent that comes closest to LLC, is GmbH & Co KG, a nested Kommanditgesellschaft (KG) where a Gesellschaft mit beschränkter Haftung (GmbH)
Banknotes of the Black Sheep Company of Wales Limited he selected "Cwmni y Ddafad Ddu Gymreig Cyfyngedig" ("Welsh Black Sheep Company Limited"), recalling the banknotes which had been issued for over 150 years by the Aberystwyth and Tregaron Bank and used to feature an illustration of black sheep. The earliest issues contained a phrase in Welsh that referred to the Chief Treasury of Wales Limited, so that anyone who had the old notes knew who would exchange them for new notes. The phrase in question is ""Gynt, Prif Trysorfa Cymru Cyfyngedig"", the company thus describing itself as ""formerly, Chief Treasury of Wales Ltd"". Williams had to send his banknotes