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 Pyrene Company Limited for a number of British Rail diesel locomotives, and supplying fire detection and CO2 systems for Lloyd's of London. In 1959, Pyrene acquired the safety product business of Panorama Equipment, and traded as Pyrene Panorama. Pyrene Panorama Limited was established in 1959 when Pyrene purchased the business of Panorama Equipment Limited, which itself dated from 1941. This company was formed originally to manufacture an industrial wide-field vision safety goggle which gave rise to the name-"Panorama". Also in 1959 Pyrene acquired Roberts McClean who in 1931 introduced self-contained compressed air breathing apparatus to the UK and these two companies merged under