Founded in 1838, George Kent Ltd was initially a manufacturer of household gadgets, then a manufacturer of munitions during World War One , and became the largest British manufacturer of instruments for industrial control systems , prior to its acquisition by Brown Boveri in 1974.
31-533: The company was founded in 1838. The company was incorporated as a limited company in 1907, and was managed by the founder's son Walter George Kent . During World War One, Kents had a factory in Luton with over 3,000 workers, mostly munitionettes , in this case producing fuses for artillery shells . They were producing 140,000 shell fuses a week. After the war, this grew to 5,000 workers. George Kent grew to have significant reach worldwide, including establishing
62-440: 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 . In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to
93-407: A one-person company. A company's liability may be limited by shares, in which case the liability of the company's members is limited to the amount of the shares held by them, or it may be limited by guarantee, in which case the liability is limited to a predetermined amount the company's members have agreed to contribute if the company is dissolved with outstanding liabilities. A private limited company
124-411: A person wishing to register a limited company must file Articles of Incorporation with either their provincial government or the federal government. At the time of incorporation, a company must elect to use "Limited" (Ltd.), "Incorporated" (Inc.) or "Corporation" (Corp.) as part of their name. In India, there are three types of limited company: a public limited company, a private limited company, and
155-601: A sole proprietorship. Registering as Private Limited Company will be more secure, and have added benefits. Therefore, you and your company will act as two independent parties; ensuring that your business assets and liabilities will be separate. All companies are registered under the Companies Act, No. 7 of 2007. , through the Registrar of Companies, which operates its office in Colombo . The registration of companies in
186-658: A subsidiary in Malaysia in 1936. Currently, as an independent organisation, the Malaysian company George Kent provide engineering and metering solutions in South-East Asia, with a diverse set of activities including the integration of railways and the manufacture of water meters. In 1968, George Kent Ltd acquired Fielden Electronics and Cambridge Instrument Company forming the George Kent Group . This
217-543: Is a German word for a corporation limited by share ownership (i.e., one which is owned by its shareholders ) whose shares may be traded on a stock market . The term is used in Germany, Austria, Switzerland (where it is equivalent to a société anonyme or a società per azioni ) and South Tyrol for companies incorporated there. In the United Kingdom, the equivalent term is public limited company , and in
248-534: Is a company that does not have share capital, but is guaranteed by its members , who agree to pay a fixed amount in the event of the company's liquidation. Charitable organisations are often incorporated using this form of limited liability. Another example is the Financial Conduct Authority . In Australia, only an unlisted public company can be limited by guarantee. Has shareholders with limited liability and its shares may not be offered to
279-537: Is a limited company incorporated under the Companies Act 2013 (or one of its predecessor acts), with a minimum paid-up share capital (if any) of ₹ 1 lakh (US$ 1,200), with an article that restricts the transfer of its shares; it may have between two and two hundred members, and its name ends with "Private Limited" (abbreviated Pvt Ltd). A public limited company must have a paid-up share capital of at least ₹ 5 lakh (US$ 6,000), and at least seven members; its name ends "Limited" (abbreviated Ltd). A one-person company (OPC)
310-536: Is a private company with similar proprietorship and privileges to a private limited company, but with fewer requirements; this type of company may have only one director and member. Before 2015, the business organisations that wanted to take up a company as the preferred form of business organisation had to fulfill the requirement of minimum paid-up share capital of not less than 5 lakhs in case of public company and 1 lakh in case of private companies by way of Section 2(71) and 2(68) respectively. However, after in
341-535: Is today the industrial giant ABB . Kent is maintained as a brand within ABB. Kent's breakthrough product was a knife sharpener, first available around 1850. Later products included an ice cabinet , being a well-insulated damp-proof box suitable for storing meat and dairy products; a miniaturised one appeared in Queen Mary's Dolls' House . Early Kent industrial products include water flow meters. The company motto
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#1732798488018372-474: The Code of Obligations , Article 620. Article 950 specifies that the business name must indicate the legal form. German AGs have a "two-tiered board" structure, consisting of a supervisory board ( Aufsichtsrat ) and a management board ( Vorstand ). The supervisory board is generally controlled by shareholders, although employees may have seats, depending on the size of the company. The management board directly runs
403-480: The Companies Act 2006 , Northern Ireland's previously distinct company law was repealed and the new companies code instituted by that Act was extended to Northern Ireland. In the United States , corporations have limited liability, and the expression corporation is preferred to limited company . A " limited liability company " (LLC) is a different entity. However, some states permit corporations to have
434-601: The Proprietary Limited company (Pty Ltd). An Australian company with only Limited or Ltd after its name is a public company , such as a company listed on the ASX . Australia does not have a direct equivalent to the plc. A shareholder in a limited company, in the event of its becoming insolvent (equivalent to insolvency in the United Kingdom) would be liable to contribute the amount remaining unpaid on
465-651: The United Kingdom is done through Companies House , which operates offices in London , Cardiff , Edinburgh and Belfast . Publicly traded limited company have names ending in 'Plc.' Prior to 1 October 2009, the registration of companies in Northern Ireland was the responsibility of the Department of Enterprise, Trade and Investment (a department of the devolved government). With the enactment of
496-482: The bikini temperature controller, a temperature recorder, and the E296 level controller. An acquisition in 1974 of George Kent Group by Swiss instrument company Brown Boveri caused a rename to Brown Boveri Kent . At the same time, the company Scientific and Medical Instruments was spun-out which eventually became Cambridge Instrument Company, resurrecting that brand. Brown Boveri eventually merged with ASEA and
527-774: The German GmbH , Dutch and Belgian bv , Portuguese Lda., British Ltd , Japanese G.K. , Polish sp. z o.o. , Russian ООО, Ukrainian ТОВ (TOV), the Czech s.r.o. , the French s.à r.l. , the Italian s.r.l. , Romanian s.r.l. , Hungarian kft. , Bulgarian ДОО (DOO), Slovenian d.o.o., and Slovak s.r.o. , in India Pvt Ltd for private company and Ltd for public company, in Singapore Pte Ltd for private company. This
558-515: The United States, while the terms " incorporated " or "corporation" are typically used, technically the more precise equivalent term is " joint-stock company ." The German word Aktiengesellschaft is a compound noun made up of two elements: Aktien meaning an acting part or share , and Gesellschaft , meaning company or society. English translations include share company , or company limited by shares , or joint-stock company . In German,
589-744: The amount of money they contributed to the company. All Nigerian companies are governed by the Companies and Allied Matters Act (CAMA) 1990 and regulated by the Corporate Affairs Commission (CAC). In South Africa , the term "Proprietary Limited", abbreviated "(Pty) Ltd", is used to refer to a private limited company. All South African companies are regulated by the CIPC (Companies and Intellectual Property Commission). In Sri Lanka , businesses can be registered as Private Limited Company "(Pvt) Ltd", Public Limited Company "PLC" or under
620-421: The assets of the company, in the event of being wound up. The former may be further divided in public companies ( public limited companies ) and private companies ( private limited companies ). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although
651-464: The company, but its members may be removed by the supervisory board, which also determines the management board's compensation. Some German AGs have management boards which determine their own remuneration, but that situation is now relatively uncommon. The general meeting is the supreme governing body of a Swiss company limited by shares. It elects the board of directors ( Verwaltungsrat in German ) and
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#1732798488018682-648: The designation Ltd. (instead of the usual Inc. ) to signify their corporate status. A corporation must file annual corporate tax returns with the Internal Revenue Service. In Zimbabwe the term "(Pvt) Ltd" refers to a private company limited by share capital. All private entities are regulated by the Registrar of Companies in Harare. Aktiengesellschaft Aktiengesellschaft ( German pronunciation: [ˈaktsi̯ənɡəˌzɛlʃaft] ; abbreviated AG , pronounced [aːˈgeː] )
713-538: The detailed rules governing them vary widely. It is also common for a distinction to be made between the publicly tradable companies of the plc type (for example, the German Aktiengesellschaft (AG), Dutch and Belgian nv , British PLC , Czech a.s. , Italian S.p.A. , Hungarian nyrt. and the Spanish, French, Polish, Greek and Romanian S.A. ), and the " private " types of companies (such as
744-456: The general public. Shareholders of private companies limited by shares are always bound to offer the shares to their fellow shareholders prior to selling them to a third party. A public limited company can be publicly traded on a stock exchange ; this is similar to the U.S. Corporation (Corp.) and the German Aktiengesellschaft (AG). The private company equivalent in Australia is
775-671: The name of your future business to check if it was not already registered, then the accountant contacts the offices responsible for giving you the CNPJ (the national code for company identification), which are the commercial joint of the state and the IRS. After that the Ltda. or Lda. (rarely used) suffixes can be placed after the companies name or with Cia. (abbreviation for companhia , company in Portuguese): [company name] & Cia. Ltda. In Canada,
806-711: The public of the limits on their liability , all German (required by § 4 Aktiengesetz ) and Austrian stock corporations include Aktiengesellschaft or AG as part of their name, frequently as a suffix. In Switzerland, the Company Limited by Shares ( Aktiengesellschaft in German , société anonyme in French , società anonima in Italian , societad anonima in Romansh ) is defined in Title Twenty-Six of
837-493: The recent Companies Amendment Act 2015 , this requirement is scrapped, and a company can go ahead with its incorporation without fulfilling this criterion. In Nigeria , there are two types of limited companies namely: a company limited by guarantee and a company limited by shares . The company limited by shares is further divided into two namely a Private limited company (Ltd.) and a Public limited company (Plc.) In Nigeria shareholders of limited companies are only liable for
868-452: The shares (usually zero, as most shares are issued fully paid). "Paid" here relates to the amount paid to the company for the shares on first issue, and should not be confused with amounts paid by one shareholder to another to transfer ownership of shares between them. A shareholder is thus afforded limited liability. In Brazil , a limited company is registered as any other type of company. To register it, you must pay an accountant to research
899-757: The use of the term Aktien for shares is restricted to Aktiengesellschaften . Shares in other types of German companies (e.g., GmbH or a cooperative ) are called Anteile (parts-of) rather than Aktien . In Germany and Austria, the legal basis of the AG is the German Aktiengesetz (abbr. AktG; "shares law") or the Austrian Aktiengesetz (abbr. AktG). Since the German commercial law (§ 19 Handelsgesetzbuch ) requires all corporations to specify their legal form in their name, in order to inform
930-643: Was "From drops to rivers". Power cylinders were first manufactured in the 1950s in Luton. These are a type of linear actuator featuring a control loop where the position of the actuator is governed by some input pressure signal. Power cylinders continue to be manufactured, alongside similar linear actuators featuring digital control technology. Kent's produced the clear view screen , a spinning transparent panel that provided visibility in wet weather. Kent also produced avionic equipment, including aircraft fuel gauges and fuel flow meters. Limited company In
961-652: Was the UK's largest industrial instrument manufacturer. Tony Benn as Minister of Technology answered questions about the Cambridge Instruments takeover in Parliament . Fielden Electronics of Wythenshawe , Manchester produced a data recorder known as the Servograph and a capacitance-sensing proximity meter alongside a variety of scientific instruments and process control devices. These included