Private limited company Private limited company A private limited company is a type of business entity in "private" ownership used in many jurisdictions in contrast to "public" ownership, with some differences from country to country. Examples include "LLC" in the US, "private company limited by shares" in the UK, "GmbH" in Germany or "společnost s ručením omezeným" in the Czech Republic. In Albania a limited liability company () is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreements. Partners' contributions constitute the registered
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.