Ufi Ltd
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Ufi Ltd
Learndirect Ltd, stylised as learndirect, is a British training provider founded in 2000, owned by the private equity firm Queens Park Equity. The company has a network of learning centres in England and Wales, and also runs some courses online. Nearly all of Learndirect's revenue is from government contracts. By 2006 the organisation was assisting half a million learners per year, and in January 2013 the cumulative number was in excess of 3.5 million. In March 2017, Ofsted inspectors gave the company the lowest possible rating as a result of poor management processes, leading the company to seek judicial review and an injunction stopping the publication of this poor result. The court lifted the reporting restriction on 14 August 2017. Subsequently, the Department for Education stated that it would withdraw all funding from Learndirect, placing the future of the organisation at risk. History Learndirect was formerly owned by the Ufi Charitable Trust, a not-for-profit organisa ...
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Limited Company
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 Share (finance), 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 the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, 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 the detailed rules governing them vary widely. It is also common for a distinct ...
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