what is a limated company
From Wikipedia, the free encyclopedia. In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company.Limited companies may be limited by shares or by guarantee.The former may be further divided into public companies and private companies. Who may become a member of a private limited company is restricted by law and by the company's rules.rom Wikipedia, the free encyclopedia. In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company.