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
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