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In the UK there is no specific minimum money a private limited company must have to start. The law doesn't say you need a certain amount. This helps small businesses and startups because they aren't forced to have a set amount of money in shares to begin.
Instead what matters is how much the shares are worth. Shares show who owns the company. The value of shares depends on what the people who own them agree on. Usually, businesses pick a small amount, like £1 per share. The total share money is then figured out based on how many shares there are and their agreed-upon value.
Most private limited companies start with a small share amount. This makes it easier for small businesses and entrepreneurs to start up without a lot of money.
Instead what matters is how much the shares are worth. Shares show who owns the company. The value of shares depends on what the people who own them agree on. Usually, businesses pick a small amount, like £1 per share. The total share money is then figured out based on how many shares there are and their agreed-upon value.
Most private limited companies start with a small share amount. This makes it easier for small businesses and entrepreneurs to start up without a lot of money.
