Private limited company including limited companies and US LLCs, are treated as bodies corporate subject to United Kingdom corporation tax if the profits of the entity belong to the entity and not to its members. A limited liability company (LLC) is a relatively new business structure authorized by state statutes. The LLC is chiefly inspired by the GmbH ("Company with limited liability"), a type of business organization in Germany, and by the , a type of business organization available in many Latin American countries. In the United States, the first limited liability company act appeared in Wyoming in 1977 as special interest legislation
Ashbury Railway Carriage and Iron Company Ltd Ashbury Railway Carriage and Iron Company Ltd The Ashbury Carriage and Iron Company Limited was a manufacturer of railway rolling stock founded by John Ashbury in 1837 in Commercial St, Knott Mill in Manchester, England, near the original terminus of the Sheffield, Ashton-under-Lyne and Manchester Railway. It moved to Ashton Old Rd, Openshaw in 1841 and became a limited company in 1862 as The Ashbury Railway Carriage and Iron Company Ltd. In 1898 the works covered about and employed about 1,700. In 1902 the business was transferred to Saltley in Birmingham when it merged with Ashbury, Brown and Marshalls. This