10 Popular Examples of Limited Companies
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One general form of organization that restricts the amount of liability assumed by the company’s stockholders is the limited company (LC). It refers to a legal framework that guarantees that subscribers’ or members’ liability is capped to the amount of money they have invested in the business. In the UK, the naming standard for this kind of corporate structure is to follow a company’s name with the abbreviation “Ltd.” In this blog post, we will see 10 popular examples of limited companies.
Benefits of Forming a Limited Company
There’s a good reason why when launching (and expanding) their firm, so many companies decide to register as an Ltd. The advantages of creating an Ltd that follows provide valuable insight into the strategic choice.
- A limited company’s directors are separate legal entities.
- An asset-owning limited company is permitted to keep its post-tax earnings.
- A limited business can sign contracts by itself.
10 Well-known Companies that are Limited Companies
Here are 10 examples of companies that are a limited company.
1. Google
Among the most well-known limited companies worldwide is Google. Since its founding in 1998, Google has expanded to rank among the biggest tech firms, providing a wide range of goods and services such as its search engine, Android operating system, Gmail, and Google Maps. Google is renowned for its cutting-edge technology development and inventive culture. Artificial intelligence research has advanced significantly because of Google’s Google Brain initiative, which has made the company a leader in the field.
Google is the primary search engine for the majority of Internet users, processing over 70% of all global online search requests.
Currently, 32.63% of individual investors, 3.62% of Google insiders, and 63.75% of institutional shareholders own Google as a limited company. The largest individual stakeholder at Google is Brin Sergey, who holds 367.31 million shares, or 2.95% of the firm.
2. Apple
Among the most well-known and prosperous limited companies globally is Apple. The primary focus of this American public limited corporation Apple Incorporated is the development and production of electronics as well as other closely connected software products. Ronald Wayne, Steve Wozniak, and Steve Jobs launched the business in 1976. Apple is well-known for its cutting-edge goods, which include the Mac computers, iPad, iPhone, and more.
With the iTunes Store and App Store, it has also emerged as a major supplier of digital material. Having a market valuation of $2.5 trillion, Apple stands among the world’s most valuable corporations. As a limited company, Vanguard, Blackrock, and Berkshire Hathaway are three of Apple’s largest stockholders.
3. Tesla
Tesla is a limited company that specializes in electric automobiles and clean energy solutions. It was created in 2003 and has its headquarters in Texas. The Tesla Model S, Model X, and Model 3 are among the company’s electric vehicle collections, which is arguably its most well-known product.
In addition, Tesla provides energy storage options for homes, such as the Tesla Powerwall. Apart from its merchandise, Tesla is renowned for its dedication to environmental preservation and inventiveness. The company’s goal is to hasten the global switch to sustainable energy, and it has accomplished a great deal in this regard.
Due to its recent extraordinary volatility, investors have been drawn to Tesla’s stock. Elon Musk and a few well-known investment management companies, including Vanguard Group, BlackRock, State Street Corp., and Geode Capital Management, are among the biggest shareholders of Tesla.
4. Meta
Among the biggest American IT firms, Meta Platforms, Inc., doing business as Meta and formerly known as Facebook, Inc., is a worldwide technological corporation with headquarters in Menlo Park, California and was established in 2004.
The “metaverse,” a future internet that incorporates aspects of social networking, augmented reality, and virtual reality, has been the focus of Meta’s recent efforts. The market value of the company’s publicly traded stock is currently over $1 trillion.
Mark Zuckerberg is the owner and chairman of Meta in addition to being its CEO. However, because Meta is a limited business, important decisions regarding Meta and its apps are also made by other shareholders.
5. Microsoft
Microsoft is a US-limited business that was established in 1975 and is best known for its Microsoft Office, and its Windows operating system. Its headquarters are in Washington, DC. In addition, the corporation creates and markets a wide range of other software products, including the Xbox game console and the Bing search engine.
Microsoft has been venturing into novel domains like artificial intelligence and cloud computing in the past few years. The corporation is among the most valuable in the world with a market valuation of more than $2 trillion. People and companies worldwide utilize Microsoft’s products, and the company enjoys a sizable and devoted consumer base.
The largest Individual shareholders include Microsoft’s former CEO, Steve Ballmer, with a 4.48% stake in the company, and the founder, Bill Gates.
6. Coca – Cola
Founded in 1886, Coca-Cola is a limited company that ranks among the biggest beverage companies globally. The primary product that the company provides is Coca-Cola, the soft drink that sells the most worldwide. Numerous more brands, such as Sprite and Fanta are also owned by Coca-Cola.
Furthermore, Coca-Cola owns a number of food brands, including Minute Maid and Simply Orange, With operations in more than 200 countries, Coca-Cola is said to be a multinational corporation.
As a limited company, the largest shareholders are State Street Corp., BlackRock Inc., Vanguard Group Inc., and Berkshire Hathaway Inc. At present, the business’s valuation exceeds $200 billion.
7. Nike
One of the biggest shoe and clothing companies in the world, Nike was established in 1964 and is a limited company. Both casual wearers and athletes love the company’s items because of their instantly recognizable symbols. More than 160 nations sell Nike products, and the company generates more than $40 billion annually.
Nike’s creative marketing strategies and alliances with elite athletes have contributed to the company’s success. The company’s “Just Do It” tagline is among the most well-known and successful advertising efforts in history.
Phil Knight, Mark Parker, Andrew Campion, Vanguard Group, and BlackRock are Nike’s biggest shareholders. Nike is valued at more than $150 billion in market value.
8. Amazon
Amazon, founded in 1994, is a limited company that has grown to become one of the largest companies in the world. Amazon began as an online bookseller, but it has since grown into a wide range of industries, such as digital media, cloud computing, and retail sales.
The most noteworthy invention made by Amazon is Amazon Prime, a membership service that provides free shipping along with other advantages. Amazon Prime is one of the most popular subscription services in the world, with over 150 million users.
Because of Amazon’s enormous size and global presence, it has become a significant economic force, and its founder, Jeff Bezos, is among the richest people in the world.
9. Starbucks
Starbucks is the largest retailer of coffee in the world and was established as a limited business in 1971. Starbucks offers a variety of hot and cold beverages, pastries, snacks, juices, Frappuccino drinks, full and loose-leaf teas, espresso, caffe latte, and whole-bean coffee.
Starbucks is a well-known brand that has over 30,000 locations across more than 80 countries and is renowned for its coffee, atmosphere, and customer service. Starbucks sells coffee and other products through grocery stores, the internet, and other channels in addition to its physical shops.
Vanguard Group, BlackRock, State Street, Magellan Asset and Management are the company’s biggest shareholders. The market valuation of the corporation exceeds $100 billion.
10. McDonald’s
The largest fast-food business in the world, McDonald’s is a limited corporation that was established in 1940. With more than 39,000 locations throughout more than 100 countries, McDonald’s is renowned for its swiftness, effectiveness, and reliability. Although McDonald’s has a small menu, its signature dishes—the Big Mac and French fries, for example—are well-known and enjoyed worldwide.
McDonald’s is expanding its digital footprint in addition to its physical locations by offering apps and online ordering. The business is renowned for its Ronald McDonald House Charities, which offer medical attention and assistance to ill children and their families.
As McDonald’s is a publicly traded company its ownership is divided among various entities, including The Vanguard Group, Inc. The company is worth over $200 Billion.
Conclusion
Every one of these businesses started as a limited corporation and developed into a major force in the world economy. All businesses are dedicated to quality, innovation, and client happiness, even though they each have their distinct histories, cultures, and business strategies. These businesses are now well-known brands that have greatly impacted both our daily lives and the global economy.
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