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TQM
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#1
Report Thread starter 16 years ago
#1
is Asda a Private limted company or a public limited company. Someone said it is a Public but I think it is a Private. Please hlep me. I need this inoformation tonight.
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Bhaal85
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#2
Report 16 years ago
#2
(Original post by TQM)
is Asda a Private limted company or a public limited company. Someone said it is a Public but I think it is a Private. Please hlep me. I need this inoformation tonight.
Its gotta be a Public Limited company. As its shares can be bought and sold freely on the stock exchange?
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AT82
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#3
Report 16 years ago
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Its owned by wallmart but go to www.companieshouse.gov.uk and do a search it will tell you there. I am pretty sure it will be a PLC. LTD companies tend to be smaller and have more limited growth. Its only the biggest companies that are PLCs as they require a lot of capitol to setup.

http://www.companieshouse.gov.uk
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Bhaal85
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#4
Report 16 years ago
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Public limited companies are those that generally have a turnover greater than 50 thousand.
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Juwel
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#5
Report 16 years ago
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It's a PLC (that's the public one). The definition of a PLC is one that sells ownership of it publically on the stock exchange, and that its ownership is limited to those shareholders. A private limited company does not openly sell ownership of itself but keeps it among a few (or even one) individuals.
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Bhaal85
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#6
Report 16 years ago
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(Original post by ZJuwelH)
It's a PLC (that's the public one). The definition of a PLC is one that sells ownership of it publically on the stock exchange, and that its ownership is limited to those shareholders. A private limited company does not openly sell ownership of itself but keeps it among a few (or even one) individuals.
LTD. Companies are allowed to sell shares privately. To float on the stock exchange you need a lot of capital, and all you accounts become published.
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