What is a Private Company Limited by Guarantee?

A 'private company limited by guarantee' is a company that does not issue shares and therefore has no share capital.

Members of a private company limited by guarantee are known as 'guarantors' not shareholders. Their liability is valued up to the amount they are willing to contribute to the assets.

If you are interested in forming this type of company simply contact us and we will be happy to arrange this for you.

Also if you would like a more detailed view of the characteristics of this type of company take a look at our Basics of Business™ article about the different types of company that can be formed in the UK.

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