1. Real-World Example: Dyson Ltd
Dyson Ltd is a well-known example of a private limited company. Founded by Sir James Dyson, the business is based in the UK and manufactures innovative technology products, including vacuum cleaners, hand dryers, air purifiers, and hair styling tools.
- Registered Name: Dyson Limited
- Business Structure: Private limited company (Ltd)
- Shares: Privately owned by founder and a small group of stakeholders
- Public Trading: Shares are not available on the stock exchange
- Liability: Limited to the value of shares owned
Dyson demonstrates how a private limited company can scale globally while remaining privately held and controlled.
2. Other Examples of Private Limited Companies (UK)
- Innocent Drinks Ltd – Beverage company known for smoothies and juices
- JCB Ltd – Construction equipment manufacturer
- IKEA UK Ltd – UK subsidiary of the global furniture brand
- Specsavers Ltd – Optical retail chain
- Gymshark Ltd – Fitness apparel brand started in the UK
These businesses operate as Ltd companies and enjoy the benefits of limited liability, structured governance, and privacy compared to public companies.
3. Key Takeaways from These Examples
- They maintain private control over business decisions
- They are separate legal entities from their owners
- Profits are taxed through corporation tax
- They have directors responsible for compliance and strategy
Frequently Asked Questions
1. Can a small business be a private limited company?
Yes. Many small and medium-sized businesses operate as private limited companies.
2. Do private limited companies pay corporation tax?
Yes. All profits are subject to UK corporation tax.
3. Are shareholders’ names public?
Yes. Basic shareholder details are available via Companies House.
4. Do private limited companies publish financials?
Yes, but they can file simplified accounts if they’re classified as small.
5. Can private limited companies raise capital?
Yes, through private investments or loans, but not by selling public shares.
Conclusion
A private limited company like Dyson Ltd showcases the success and structure of this business model. Whether you’re starting a local consultancy or building a global brand, a private limited company offers control, legal protection, and room to grow.