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Bridget Appleby
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Bridget Appleby's Discussions

CIC with Shares
2 Replies

Can anyone summarise the main financial differences for an investor between a limited company and a CIC limited by shares?I know there is an asset lock- so any assets have to be sold for community…Continue

Started this discussion. Last reply by Bridget Appleby Oct 21.

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Bridget Appleby replied to Bridget Appleby's discussion CIC with Shares
"Thanks for this John."
Oct 21
John Mulkerrin replied to Bridget Appleby's discussion CIC with Shares
"Hi Bridget Main difference between limited by guarantee and shares in this regard is the potential to distribute a share of the profits through a dividend with the share CIC. Yes you can sell the company, the shares of a CIC are outside the asset…"
Oct 10
Bridget Appleby posted a discussion

CIC with Shares

Can anyone summarise the main financial differences for an investor between a limited company and a CIC limited by shares?I know there is an asset lock- so any assets have to be sold for community use at the end- and there is a limit to the dividends that shareholders can take out of the company. Can you sell the company? What happens to IP from the company? Just getting my head around the issues that might deter potential investors.See More
Oct 7
Bridget Appleby is now a member of CIC Association
Aug 14

Profile Information

What is your postcode?
BS208NB
Name of organisation (if any) you are associated with?
Sustainabubbles
Is that organisation a CIC?
Yes
If you have a website, what is your web address?
http://https://www.sustainabubbles.com
Are you interested in representing a CIC at the CIC Association AGM?
Yes
Are you interested in working in partnership with the CIC Association?
Yes

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