The main difference is that a Ltd (Private Limited Company) cannot sell its shares to the public, while a PLC (Public Limited Company) can. A PLC must have a minimum share capital of £50,000 and follow stricter rules. Ltd companies are often smaller and privately owned, while PLCs are usually larger and may be listed on the stock exchange. Both are legally separate from their owners and offer limited liability. The choice depends on the size, goals, and funding needs of the business.
