← Lessons 02-Business and Company Law Quiz 0 / 24 read Law of Contract Sole Traders Partnerships Limited Liability Partnerships — LLP Limited Companies Public Limited Company — PLC Private Limited Company Company Formation & Registration Certificate of Incorporation Private Company → Public Company Company Registers Company Accounts Share Capital Directors Company Secretary Auditors Annual General Meetings — AGM Proxies Company Reports People with Significant Control — PSC Winding Up / Liquidation Liquidator's Duties Bankruptcy ⭐ Key Exam Numbers to Remember Private Limited Company A private limited company must: Have at least 1 member. Have at least 1 director. Have a name ending in Limited. Not invite the public to purchase its shares or debentures. A company secretary is voluntary for a private limited company under the notes.